Traders Glossary
Our A-Z Guide To The Most Important Trading Terms
A
51% Attack
When a group of miners use more than 50% of the networks mining hash rate, to attack and take control of a blockchain. This is also known as a ‘Majority Attack’.
Algorithmic Trading
A form of trading whereby orders are executed using pre-programmed trading instructions. This is also known as ‘automated trading’.
Altcoin
Cryptocurrencies that are an alternative to Bitcoin, referring to all the cryptocurrencies other than Bitcoin.
AML (Anti-Money Laundering)
Laws, regulations, and procedures carried out by financial entities to detect and prevent illegal money laundering activities.
Arbitrage
Buying and selling assets at the same time across different exchanges/brokers, to take advantage of price inefficiencies such as differences in the listed prices.
Asian Session
Refers to the trading hours occurring when Japan and Australia are open during active business hours.
Ask Price
The term “ask price" refers to the highest price a buyer pays to buy at any given time. The ask price is the lowest price that a seller is willing to accept. This is also known as the ‘Offer’ price.
Asset classes
A group of investments that possess similar features and generally operate under the same laws and regulations.
Aussie Dollar
Nickname referring to the AUD/USD currency pair.
Average down
Adding to an existing position at a better price than the initial entry.
Average up
Adding to an existing position at a worse price than the initial entry.
B
Backtesting
A method of testing a trading strategy using historical data to examine how it would have performed in the past.
Base Currency
The first currency in a currency pair is referred to as the ’base currency’. For example, the base currency of GBP/USD is GBP.
Bear Market
A market in which prices are declining, characterised by a series of lower lows and lower highs in price movements. The origin of this expression may have come from the way bears attack, by sweeping their paws from downwards.
Bid Price
The term "bid" refers to the lowest price at which a seller will sell. The bid price is the highest price that a buyer is willing to accept.
Bitcoin (BTC)
The first-established, leading cryptocurrency with the most recognised brand name. It is recognised as a decentralised digital currency that operates free of any central control or authority, like governments or banks to directly influence it.
Black swan event
An unpredictable and rare event that is beyond normal expectations and has potentially severe financial consequences.
Blockchain
A decentralised electronic record of Crypto transactions, that is encrypted across a network of computer systems.
Blue chip
A term used to describe companies or their shares that are well known, well-established and well capitalised, and are considered as trustworthy investment. The term “blue chip” derives from the game of poker, where ‘blue chips’ posses the highest value.
Bollinger Bands
A technical analysis indicator created by John Bollinger and used as a dynamic price channel that follows price movements that adjusts for changes in volatility.
Bond
Is a debt security where borrowers issue them to raise capital from investors willing to lend them money for a certain period. Bonds are considered a fixed income investment. Issuers can be governments or corporations.
Breakout
When the market price breaks and accelerates past a significant level.
BTC dominance
The ratio between market capitalization of Bitcoin vs total crypto market capitalization.
BUIDL
A term used by crypto currency experts to prompt crypto enthusiasts to focus on building new crypto projects rather than simply holding on to their crypto assets, waiting for prices to rise. (BUIDL is a misspelling of the word BUILD, similar to how HODL is a misspelling of the word HOLD.)
Bull Market
A market in which prices are rising, characterised by a series of higher highs and higher lows in price movements. The origin of this expression may have come from the way bulls attack, by pushing their horns upward.
Buy limit
The Buy Limit order is a request to the broker to buy at the “Ask” price, which may be equal to or less than that specified in the order (best available price). To use this type of order the current price level should be higher than the value in the order, in anticipation to buy lower than the current market price.
Buy stop
The Buy Stop order is a request to the broker to buy at the "Ask" price, which may be equal to or greater than the one specified in the order (best available price). To use this type of order the current price level should be lower than the value in the order, in anticipation to buy higher than the current market price.
Buy stop – limit
The Buy Stop-Limit order combines a stop order and a limit order. When in the future the "Ask" price reaches the ‘stop-level’, a Buy Limit order will be placed at the ‘Stop Limit price’. To use this type of order the current price level should be lower than the ‘stop-level.
C
Cable
Nickname referring to the GBP/USD currency pair.
Call Option
An agreement between buyer and seller to exchange a security at a fixed price, within a set timeframe.
Candlestick
A visual representation of price action, displayed on a chart. This technique was first used by rice traders in Japan during the 16th century, providing early warning signals towards possible price changes. Today it is one of the most popular ways for monitoring charts. Candlesticks display the high, low, open & close price of each period.
Cash account
A trading account where the maximum purchasing power equals the capital invested.
CFD
CFDs or else, Contract for Difference, are financial derivatives that allow investors to participate in the movement of asset prices without ownership of the asset itself.
Coin (Crypto)
A term used to describe a cryptocurrency asset.
Collateral
An amount or asset required by the lender as security in order to provide a loan or service to a borrower.
Commissions
A trading fee charged to facilitate a trading transaction, that may vary depending on the broker and the account type.
Commodities
Raw materials used in the production of other goods and services. Examples include Energies, Metals and Grains.
Commodity Currencies
Currency pairs that include a currency who’s economy is dependant on the expert of a certain raw material.
Consolidation
A term used to describe sideways price action where the price of a security is neither moving significantly up or down.
Continuation Pattern
A pattern formed on a price chart indicating a continuation in the direction of the ongoing trend.
Contract Size
Refers to the quantity that is being bought or sold by the trader, based on the terms of the contract and the account type.
Correlated assets
Describes the extent at which two assets move relative to each other over a specified period.
Cryptocurrency
Cryptocurrencies are a digital medium of exchange. One difference from fiat currencies is that they are not issued by a central bank. Another difference is that encryption is used to ‘’regulate’’ the generation of each new unit.
Cryptocurrency Whitepaper
A technical document that outlines the mechanics and economics of a specific cryptocurrency project.
Cryptography
The study of secure communications techniques. The term derives from the Greek word “Kryptos” which translates to hidden.
Currency Pair
The quotation of two different currencies, with one currency being quoted in terms of the other. For example, USD/JPY (US Dollar vs Japanese Yen)
D
Day Trading
A trading style where trades usually are opened and closed within the same day.
Dead cat bounce
A jargon term originated on Wall Street and used by traders to describe a market experiencing a short-term bounce after a heavy fall. The idea is that “even a dead cat would bounce after falling from a great height”.
Decentralised exchange (DEX)
Platforms that allow users to trade digital assets without the need for a trusted intermediary or an exchange to hold their funds. Transactions are made directly between user wallets via smart contracts.
Decentralized finance (Defi)
An open and global, peer-to-peer (meaning directly between two parties) financial system and is considered an alternative to the traditional banking system.
Demo account
A trading account with play-money that allows traders to practice their trading strategies under real market conditions.
Derivative (financial)
A contract between two parties, whose value derives from the performance of an underlying asset. Some derivative types include, futures, options and CFDs.
Divergence
When the price of an asset moves in the opposite direction of an technical oscillator.
Dividend
A distribution of part of a corporation’s profits to its shareholders as decided by the board of directors.
Dollar Yen (Ninja)
Nickname referring to the USD/JPY currency pair.
Downtick
An incremental decrease in the price of an asset from its last completed transaction price.
Downtrend
A market in which prices are declining, characterised by a series of lower lows and lower highs in price movements.
Drawdown
Measures the percentage decrease from a historical peak in a trading account.
Dynamic Leverage
It represents a dynamic way to calculate margin requirement needed to maintain a trade in the platform. This calculation is automatically adjusting the required margin needed for each open position. This way the client enjoys a lower required margin on smaller volumes which is increasing dynamically as volume is built up. As the volume per Instrument of a client increases, the maximum leverage offered decreases accordingly.
DYOR (Do Your Own Research)
The process of doing your own thorough investigation and preparation before carrying out a trade.
E
Earnings Per Share (EPS)
A profit indicator of a company, which is calculated by dividing the net income generated over a given period, by the number of outstanding shares.
EAs (Expert Advisors)
Software that runs on the MetaQuotes trading platforms, to initiate and execute trades automatically using predefined trading criteria.
ECN (Electronic Communication Network)
A computerized and automated system that matches buy and sell orders between traders and liquidity providers.
Economic Indicator
Metrics of economic performance and stability used for analysing current and future investment opportunities.
Elliot wave
A theory of technical analysis developed by Ralph Nelson Elliot in the 1930s, which focuses on how market swings unfold to develop into trends.
End of day order
A pending order to buy or sell at a specified price that remains active only until the end of the trading day.
Equity
A trading account’s total value, which is the sum of the “balance” and the unrealised profit/loss.
European Session
Refers to the trading hours occurring when Europe and the UK are open during active business hours.
Exchange Rate
The relative price or rate of one currency in relation to another currency, used for the purpose of conversion.
Exchange Traded Fund (ETF)
A type of investment fund that can be traded on the stock exchange, in the form of a basket of securities.
Execution
The act of a trading order being filled.
Exotic Currency Pairs
Currency pairs, where at least one of the currencies involved belongs to an emerging economy. Examples include the US dollar vs Mexican Peso (USDMXN) and the US dollar vs the South African Rand (USDZAR).
Exotic pairs
A currency pairs with at least one currency being that of
an emerging economy. Examples include EUR/TRY USD/ZAR and USD/MXN.
Expectancy
Refers to the expected return per trade and is calculated as follows:
(Average gain X probability of gain) – (average loss X probability of loss)
A trading system with a positive expectancy implies that over time, the system is going to be profitable.
F
Fake-out
When the market price fails to continue past a significant level and reverses direction.
Fiat Currency
A type of currency, that is not backed by a commodity such as gold. Fiat currency is generally authorised by government regulation.
Fibonacci tool (retracement & extension)
Popular tool used by traders to draw support & resistance lines, place stop orders and take profit levels.
Fill or kill
A pending order that requires to be filled in its totality, or else to not be filled at all (no partial fill) and be cancelled.
Fill price
The price a transaction is completed at, which may differ from the order price.
Fintech
Financial technology. This includes any updates and innovations in the financial services sector.
Flotation
When a company’s shares are listed for sale on the stock market for the first time.
Follow-through
When the market price breaks and accelerates past a significant level.
FOMO (Fear of Missing Out)
The feeling a trader experiences when they are anxious or fearful of missing a potentially profitable trading opportunity.
Foreign Exchange
Forex, or FX for short refers to the simultaneous buying and selling of one Fiat currency for another.
Fork
A fork occurs when there is a ‘split’ i.e., changes in the blockchain’s protocol, The blockchain then branches into two separate blockchains, which share the transaction history up until the point of the ‘split’ but continue independently from there on.
Free Margin
The buying power of a trading account based on its available leverage.
FUD (Fear, Uncertainty and Doubt)
A term used to describe negativity and pessimism surrounding a specific market.
Fundamental Analysis
A review of scheduled and unscheduled events that could have an impact on the value of an asset, a corporation, a currency or an economy. Examples include but not limited to the release of economic data and central bank meetings.
Futures
A type of a derivative contract to carry out a transaction at a pre-determined future date, at an agreed price.
G
Gap
An area on a chart with no trading activity, observed when the closing price of one period is not the same as the open price of the next period.
Good till cancelled order (GTC)
A pending order to buy or sell at a specified price that remains active until manually cancelled.
Gross Profit
The overall income from sales after the expenses of production have been deducted.
H
Halving
An event that occurs when the mining rewards of a cryptocurrency are cut in half. For example, in Bitcoin, this happens every four years.
Hard Fork
A new software update implemented by a blockchain that is incompatible with the active blockchain protocol, causing a permanent split into two separate protocols that run simultaneously and independently.
Head and shoulders
A classical technical analysis pattern indicating a change in the general direction of the market.
Hedging
Taking an opposite position in the same or a highly correlated market, as a way of limiting and managing the risk exposure of the initial investment.
High water mark
The historic highest level in value that a trading account has achieved.
HODL
A term used by crypto currency experts to prompt crypto enthusiasts to focus on holding on to their crypto assets rather than liquidating. HODL (Hold On for Dear Life) is a misspelling of the word HOLD.
I
Ichimoku kinko hyo
A versatile technical indicator used to identify trend direction, momentum turning points along with future areas of support and resistance. ‘Ichimoku’ translates to "a glance" and ‘Kinko Hyo’ translates to "equilibrium". As its name suggests, buy and sell signals can be recognised easily with one look at the chart.
Index
A group or basket of securities under one tradable instrument, that represents and measures the overall performance of a specific market, industry or sector.
Inflation
The rate of increase of price levels over time for a specific basket of products. Increase in inflation leads to a decrease in purchasing power.
Initial Coin Offering (ICO)
When a new cryptocurrency project raises funds by making new tokens or coins available to the public for the first time. This is the Crypto-related version of IPO (Initial Public Offering).
Initial Public Offering (IPO)
When a private business or corporation offers its shares for sale to the public for the first time. Meaning the ownership of the company transitions from being private to becoming public.
Interest Rates
The proportion of a loan that is charged by the lender to the borrower, over and above the principal amount, expressed as an annual percentage.
Intraday Trading
A trading style where trades usually are opened and closed within the same day, also known as day trading.
Intraday trader
Refers to traders who prefer to open and close their positions within the same calendar day.
Intraweek trading
Refers to traders who prefer to open and close their positions within the same calendar week.
Investor
Investors tend to focus on the long-term results, seeking for diversification of risk and protection of capital while at the same time aim for appreciation of their portfolio.
K
Kiwi
Nickname referring to the NZD/USD currency pair.
KYC (Know Your Costumer / Client)
The process of verification that clients undergo to confirm their identity and personal information.
L
Ledger
A collection of accounts where transactions are recorded.
Ledger (Wallet)
A “Ledger Wallet” is a well-known hardware wallet for storing private keys for Cryptocurrencies offline.
Leverage
A “Loan” that is provided by the broker, enabling traders to trade a larger capital amount than their initial account balance.
It is expressed as a ratio, for example, if you trade with a leverage of 1:1000, you can trade up to 1,000 times the notional value of your trading account.
Liability
Legal debts a company owes to creditors.
Limit Order (buy)
The Buy Limit order is a pending order to buy lower than the current market price.
Limit Order (sell)
The Sell Limit order is a pending order to sell higher than the current market price.
Liquidity
The markets’ ability to allow assets to be bought and sold efficiently.
Long Position
When taking a long position, you profit if the market’s price rises, and lose if the market’s price falls.
Loonie
Nickname referring to the USD/CAD currency pair.
Lot
The standardised unit of measurement used to define the contract size of an asset.
M
MACD (Moving Average Convergence / Divergence)
A technical analysis indicator used to track the span between Moving Averages (MA). Traders use this to determine whether the market direction has been bullish or bearish.
Major Pairs
The most traded currency pairs are called “Majors”. They all include the US dollar as one of the currencies.
These are EUR/USD GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD and NZD/USD.
Margin Account
An account that allows the use of leverage, where traders can trade a larger capital amount than the value of their deposit.
Margin Call
A warning that the trader’s equity is reaching the pre-required minimum level to maintain current open positions.
Margin requirement
A collateral in the form of margin that is required by the broker to ensure that losses are covered, when trading using leverage.
Market Capitalisation
The market value of an asset, company, or sector that is calculated by multiplying its price by the total number of outstanding shares.
Market Order
An order to buy/sell an asset at the best available price.
Merger
When two companies combine to form a new company.
Metatrader
Pricing and charting software.
Minor Pairs
Pairs that do not include the US Dollar (USD) but feature currencies from other major economies. Minor pairs are also considered as Cross Pairs. Examples include EUR/GBP, EUR/CHF, GBP/JPY etc.
Momentum
A term used in technical analysis to describe the rate of acceleration or deceleration at which prices are changing within a fixed time period.
Moving Average
A statistical metric used in technical analysis to smoothen out price action, assisting traders in the identification of trends.
Mutual Funds
An investment vehicle that pools money from investors with a common investment objective. Typically, mutual funds are active in stocks, bonds and other securities.
N
NDD (No Dealing Desk)
Describes a trading platform that provides direct access to interbank market rates.
Negative balance protection
Negative balance Protection limits the maximum loss that a retail client could have, as the trader can only loose what is in the account balance and no more. Very important in the case of a very sudden price movement, as the trader will never experience a loss greater than the total sum of the account balance.
Net Profit
Net profit is the amount of money earned after deducting all operating expenses, interest payments, and tax obligations over a given period.
Non – Fungible assets
Each asset unit is unique and has distinguishable differences from other units. For example, a piece of real estate is non-fungible, as it is unique in characteristics and location, and it is not the same as any other piece of real estate.
Non-Fungible Token (NFT)
Collectible crypto assets that are connected to a unique digital file, so that individual tokens can be considered to have a meaningful distinction from each other.
O
Offer price
Another way to refer to the “Ask” price.
One cancels the other (OCO)
Two pending orders, where when one of the two orders gets filled, the other is automatically cancelled.
Open Order
Refers to a pending order placed in the platform, that has not yet been filled or cancelled.
Option
An Option is a form of derivative that enables its buyers or else, the option holders, the choice to buy or sell a security at a chosen price in the future, without the obligation to complete the transaction.
Order Execution
When brokers carry out the process of a buy or sell transaction on behalf of a trader.
Orderbook
An electronic list of buy and sell orders for a specific asset or security.
Oscillators
Popular technical analysis indicators used to assist traders in identifying changes in momentum.
Over The Counter (OTC) Securities
Securities not listed on a major exchange and are traded through a broker-dealer network.
Overbought
A term used to refer to a market that is overextended, suggesting increased probabilities of a change in momentum from upwards to downwards.
Overnight position
Trading position that are rolled over to the next trading day.
Oversold
A term used to refer to a market that is overextended, suggesting increased probabilities of a change in momentum from downwards to upwards.
P
Parabolic Move
When the market moves rapidly in an upward trajectory, almost in a straight line, over a short period of time.
Parity
Refers to the exchange rate between two currencies being equal.
Pending orders
A Pending order is a placed order that has not yet been executed.
These types of orders are used for opening new positions provided the pre-defined conditions are met. A pending order may also be used to exit an existing position.
Pip
Refers to a standardised unit of change in the price of a currency pair. For example, in the EURUSD it refers a change in price of the 4th decimal point.
Pipette
Refers to the smallest standardised unit of change in the price of a currency pair. For example, in the EURUSD it refers to a change in price of the 5th decimal point.
Portfolio
A collection of financial investments owned by an individual or a legal entity.
Position
The net total holdings of a specific asset.
Price Action
The price movements of a security, plotted on a chart over time.
Pump and dump
An illegal scheme used to boost a securities price through false and misleading information.
Q
Quarterly Report
A documentation of financial data issued over a period of 3 months.
Quote
An instrument’s last traded price.
Quote Currency
The second currency in a pair, in which the first currency (base currency) is expressed. For example, the Quote Currency of GBP/USD is USD.
R
Rally
Used to refer to a market that sees a sustained wave of upward momentum.
Range-bound market
A term used to describe a sideways moving market, one that is trading between easily identifiable boundaries.
Recession
A prolonged period of declining economic activity. A technical recession is defined as two successive quarters of negative GDP growth.
Resistance
A term that refers to a price level above the current price, that has previously acted as a barrier causing a shift in momentum. In other words, it is an area where supply has previously exceeded demand, attracting sellers thus causing the price to drop.
Retail investor
An individual non-professional trader who buys and sells securities through a broker or exchange.
Retracement
A pullback against the general market direction.
Reversal pattern
A pattern formed on a price chart indicating a change in the direction of the trend.
Risk off
The general sentiment of the market participants to avoid risky assets such as stocks, and instead favour less risky assets such as bonds.
Risk on
The general sentiment of the market participants favouring the buying of risk assets such as stocks.
Risk to Reward Ratio
A ratio that defines the relationship between the potential loss (risk) vs the potential profit (reward) of a trade.
ROI (Return on Investment)
A metric of investment performance used to measure the profitability of an investment relative to its cost. It is expressed as a percentage or ratio that indicates how successful the investment is.
Round trip
A trade that has been opened and then closed in its totality.
RSI (Relative Strength Index)
A momentum oscillator used in technical analysis, to identify turning points and market extremes.
S
Scalping
A trading style whereby trades are held open for a short time to yield quick profits.
Securities (financial)
Refers to any form of tradable financial asset.
Segregated Account
Refers to the business practice of a broker separating between client funds and company own funds.
Sell Limit
The Sell Limit order is a request to the broker to sell at the “Bid” price, which may be equal to or greater than that specified in the order (best available price). To use this type of order the current price level should be lower than the value in the order, in anticipation to sell lower than the current market price.
Sell stop
The Sell Stop order is a request to the broker to sell at the “Bid" price, which may be equal to or less than the one specified in the order (best available price). To use this type of order the current price level should be higher than the value in the order, in anticipation to sell lower than the current market price.
Sell stop-limit
The Sell Stop-Limit order combines a stop order and a limit order. When in the future the "Bid" price reaches the ‘stop-level’, a Sell Limit order will be placed at the ‘Stop Limit price’. To use this type of order the current price level should be higher than the ‘stop-level.
Sentiment
This refers to the general mood of a market and the overall attitude and appetite of investors participating.
Share
Shares are financial assets that provide evidence of ownership in a company and allow their holders to enjoy a share in the company's profits.
Sharpe Ratio
It is a metric used to put into context the return of an investment based on the risk taken. The higher the value the better.
Short position
Taking or holding a trading position that profits if the market’s price falls and loses if the market’s price rises.
Slippage
The difference between the expected purchase price and the price at which the trade is executed.
Smart contract
A computer program or else transaction protocol stored on an existing blockchain that acts according to the terms of a contract/agreement to automatically execute and document actions.
Speculator
Speculators tend to focus on the short-term price movements, seeking to maximise profits by being more active.
Spot trading
Spot trading refers to a marketplace that gives access to buy and sell assets at the current market rate (spot price) for immediate delivery.
Spread
The difference between the Bid and the Ask price.
Square
When the net total holdings of a specific asset are zero, i.e., no positions held.
Stablecoins
Stablecoins have a fixed value, as they are pegged to fiat currencies, like the U.S. dollar. Stablecoins connect the world of traditional finance with the world of defi, by essentially allowing the digital version of fiat currencies to be stored on the blockchain.
Standard deviation
A statistical measure of volatility, showing how much variation or dispersion there is from the mean.
Stochastic Oscillators
A momentum oscillator used in technical analysis, to identify turning points and market extremes.
Stock Split
When a company decides to increase its overall number of shares while lowering the value of each individual share. After the ‘stock split’, the overall valuation of the company and the shareholders stake remains the same.
Stop Loss Order
A command to automatically close open positions when prices reach a pre-determined level. This is key for risk management strategies used to safeguard traders from further losses.
STP (Straight Through Processing)
This model executes all transactions with digital efficiency, without human interference.
Strategy Tester
Meta trader platform feature used for back testing automated (expert advisors) trading strategies.
Support
A term that refers to a price level below the current price, that has previously acted as a barrier causing a shift in momentum. In other words, it is an area where demand has previously exceeded supply, attracting buyers thus causing the price to rise.
Swap
Interest charged for keeping leveraged positions open overnight.
Swing Trading
A trading style that entails traders holding positions open for several days or even weeks, in order to profit from market swings.
Swissy
Nickname referring to the USD/CHF currency pair.
Synthetic pairs
Synthetic pairs are financial derivatives that represent dyadic quotations (involving two different assets), where the relative value of an asset unit is quoted against the unit of another asset.
T
Take Profit Order
A pending order assigned to an open position, to automatically close the position if the price of the asset reaches a pre-set level.
Technical Analysis
A method of analysis using historical price data to track and analyse price action in order to predict future price trends.
Token
Tokens are assets that are built on top of an existing blockchain using smart contracts. Tokens can provide different utilities that serve some use case within a specific ecosystem.
Total Value Locked (TVL)
A measure of growth of the defi ecosystem. TVL is the sum of all staked crypto assets that are earning rewards and interest.
Traditional finance
Traditional finance relies on centralized financial institutions such as banks to create financial relationships between parties, and courts to provide arbitration to resolve disputes.
Trailing Stop
A trailing stop is a stop order that is set based on a predefined number of pips/points away from the current market price. As its name suggests the trailing stop will automatically trail your stop loss as the market moves in your favour allowing you to manage your risk exposure. In case the market moves against you by the predefined number of pips/points, then a market order will get triggered and the stop order will get activated, closing your open position.
Transaction cost
The cost of buying or selling a financial product.
Trend line
A popular charting technique used to identify ongoing trends and their reversals.
U
Uptick
An incremental increase in the price of an asset from its last completed transaction price.
Uptrend
A market in which prices are rising, characterised by a series of higher highs and higher lows in price movements.
US Session
Refers to the trading hours occurring when USA and Canada are open during active business hours.
Used Margin
The margin that has been “assigned” to keep existing positions open and cannot be used to support the opening of new positions.
V
Volatility
Refers to sudden price movements, that could be sharp and unpredictable. An asset that is experiencing high volatility is considered riskier.
Volume
The total number of shares or contracts exchanged between buyers and sellers of a particular asset during a predefined period.
W
Wallet
A device, program or software that allows users to store their private keys and access their digital assets.
Whale
An individual (or organisation) who trades or holds large amounts of a Crypto coin or token.
Y
Yield (bonds)
Refers to the return to an investor generated from the purchase of a bond.
Yield Curve
Plots the returns of a bond over different maturity dates and allows to compare the short term returns against the long-term returns. The term is usually used to refer to the U.S. Treasury securities.
