Created by: Bagar
Number of Blossarys: 64
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.
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.
A composite index (year 1992 = 100%) of ten most important macroeconomic indicators that predicts future (6-9 months) economic activity.
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.
Maintaining a market position which secures the existing open positions in the opposite direction.
Order to buy or sell of a currency with a fixed price or worse. The order is alive (good) until execution or cancellation.
It is a measure of the national income and output for the country's economy; it's one of the most important Forex indicators.