Trading Basics
LOONIE
A trading term for the Canadian dollar.
Other Trading Basics
ADR
American Depositary Receipts or ADRs. These are shares of foreign companies listed on exchanges in the USA in dollars.
They allow US investors to get access to overseas shares without the hassle of having to exchange currency, open brokerage accounts overseas and so on.
Contrary Opinion
An approach to trading where traders take the opposite view and therefore the position of the retail participants in a market.
Capital
The economic resource used to buy assets, normally with the view to provide a product or service.
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