THTrending glossary
Contract (Lot)
Trading unit. A standard lot in the forex market is $100,000. A mini lot is $10,000.
View all analysis glossaryDay Trading
An approach to trading which involves entering and closing trades on the same day or trading session.
View all trading glossaryFiat Currency
Money declared by a government to be legal tender, and not backed by any other commodity, such as gold.
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