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Trading Terms

Certificate of Deposit

The longer the term of the CD, the higher the interest rate. A Certificate of Deposit, or CD, is a financial tool that allows individuals to deposit a specific amount of money with a financial institution for a predetermined period. In return, the depositor earns interest on their investment. The longer the term of the CD, the higher the interest rate, providing an incentive for individuals to keep their money invested for a longer period. This allows for the growth of their initial investment over time.

Collecting bank

Let's talk about documentary collections. This is a process in which a bank acts as an intermediary for the seller's bank by collecting payment or acceptance of a time draft...

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Cup and Handle

In bar charts, there is a pattern known as the accumulation pattern that is worth noting. This particular pattern usually spans from seven to 65 weeks and takes the shape of...

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Trend Day

When a futures contract's price moves away from the opening range and does not return before the close, we refer to it as a "trend day." This term is commonly used in the fi...

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Point/pip

When discussing exchange rates, it is important to mention the last decimal place, also known as the pip. This refers to the smallest unit of measurement used in determining...

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