Trading Basics
UK 100
A broker name for the FTSE 100 index. For trademark reasons brokers aren’t allowed to name the market the FTSE 100.
Other Trading Basics
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.
Black Box Trading
Also referred to as automatic or algorithmic trading.
The trader does not need to see the system in operation, in effect its a black box.
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