Six Essential Skills of Master Traders Just about anyone can become a trader, but to be one of the master traders takes more than investment capital and a three-piece suit. Keep in mind: there is a sea of individuals looking to join the ranks of master traders and bring home the kind of money that...
What is the Dow Jones Industrial Average (DJIA)? The Dow Jones Industrial Average (DJIA), also commonly referred to as “the Dow Jones” or simply “the Dow,” is one of the most popular and widely recognized stock market indices. It measures the daily stock market movements of 30 U.S. publicly-traded companies listed on the NASDAQ or...
What is a Daily Trading Limit? The daily trading limit refers to the maximum amount by which the price of a stock or other exchange-traded security can rise or fall during a trading session. The limits are decided by the exchange in an attempt to avoid extreme volatility or manipulation in the markets. Once a daily limit price...
What is a Ticker? A ticker is a symbol, a unique combination of letters and numbers that represent a particular stock or security listed on an exchange. The symbol is used to refer to a specific stock, particularly during trading. Trades are executed based on a company’s ticker symbol, which is recorded in the exchange’s trading system....
What is the London International Financial Futures and Options Exchange (LIFFE)? The London International Financial Futures and Options Exchange (LIFFE) is a futures exchange located in London. Sir Brian Williamson established LIFFE on September 30, 1982 to take advantage of the UK’s removal of currency controls in 1979. Originally located in the historic Royal Exchange...