Trader's Glossary

Exponentially Weighted Moving Average (EWMA)

Also known as Exponential Moving Average, it traces the average price of an asset over a specified number of periods, while giving more weight to the most recent data.
Did you know?

In terms of trading volume, the FX market is by far the largest market in the world.

Word of the day
"Boiler Room" - Initially used in reference to fraudulent brokerages set up with the purpose of offloading unwanted securities of the firm’s owners, the term is now synonymous with companies that employ high-pressure selling tactics while also misrepresenting the products that they offer.
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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