Trader's Glossary

Noise Trader

In forex trading, this term refers to a trader who places trades without making use of any fundamental data, relying instead on technical analysis.
Did you know?

Between the years 1860 and 1913, the number of foreign banks operating in London increased from 3 to 71.

Word of the day
"Blow Up the Account" - Slang term for losing all capital in a trading account.
Pro Tip

pip value in quote currency = pip in decimal places X trade size