Trading Basics
BoJ
Bank of Japan.
Other Trading Basics
ABS
Asset-backed securities.
These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.
Assets
Anything that is owned that is expected to generate a return to the owned.
Opposite to a liability.
Averaging Down
Once an initial long trade is place this is the practice of opening additional positions at a lower price with the view of bringing the average opening price of the position down.
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