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You should know some terms to start "make" money on Forex.

Categoría: Business

24 Términos

Created by: Bagar

Número de Blosarios: 64

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The loss from closing long position at lower rate than opening or short position with higher rate than opening, or if the profit from a position closing was lower than broker commission on it.

Domain: Banking; Categoría: Investment banking

Order for a broker to buy the lot for fixed or lesser price or sell the lot for fixed or better price. Such price is called limit price.

Domain: Banking; Categoría: Investment banking

A composite index (year 1992 = 100%) of ten most important macroeconomic indicators that predicts future (6-9 months) economic activity.

Domain: Banking; Categoría: Investment banking

A slang word for a trader which is aimed toward fast but small and short-term profit from an intra-day trading. Jobber rarely leaves open positions overnight.

Domain: Banking; Categoría: Investment banking

Maintaining a market position which secures the existing open positions in the opposite direction.

Domain: Banking; Categoría: Investment banking

Order to buy or sell of a currency with a fixed price or worse. The order is alive (good) until execution or cancellation.

Domain: Banking; Categoría: Investment banking

It is a measure of the national income and output for the country's economy; it's one of the most important Forex indicators.

Domain: Banking; Categoría: Investment banking

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