Trader's Glossary

End of Day Order (EOD)

An order to buy or sell a specific asset at a predetermined price, which is kept open until the end of the trading day but cancelled if the asset fails to reach the desired price.
Did you know?

Currency trading and exchange are no new practices. In fact, money-changing people can be traced back to the Biblical times. Using city-stalls, they would help others change money and take a commission or charge a fee for their services.

Word of the day
"Marubozo" - A type of candlestick with no shadows extending from its real body.
Pro Tip

There is no get-rich-quick formula. If someone promises you one, take a step back, and then run as far away from them as possible.

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