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Currency

Day trading

It involves buying and selling financial instruments such as stocks, currencies, or commodities in order to make a profit within a short period of time. This type of trading requires quick decision-making skills and a deep understanding of market trends and patterns.

In the world of finance, there exists a style of trading known as day trading. This approach involves the opening and closing of trade positions within a single day. Its ultimate goal is to generate profits by buying and selling financial instruments such as stocks, currencies, or commodities in a timely manner. Day trading demands swift decision-making abilities and a comprehensive grasp of market trends and patterns.

IMM

is a division of the Chicago Mercantile Exchange (CME) which specializes in trading financial futures and options contracts. The IMM, a branch of the CME, is a renowned plat...

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PIPS

Currency prices are subject to small fluctuations, which are measured in PIPS or percentage in point. PIPS represent the fourth decimal point of a price, typically equivalen...

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Big Figure

The concept of Big Figure may seem insignificant at first, but in the world of finance, it holds great importance. It refers to the first three digits of a currency quote, r...

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Ticker

A unique numerical identifier, assigned to either an initial position or a pending order. This identifier helps to keep track of the specific trade within a larger financial...

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