Day Trading

The buying and selling of financial instruments (derivatives, forex, commodities, etc) in an attempt to make a profit the same day.  While all trading is done with the aim of making a profit, what sets day traders apart is they rarely hold a position overnight (or...

Pennant Chart Pattern

A continuation chart pattern seen when a security shows large upward or downward motion followed by a brief consolidation period before continuing to move in the same direction.  The pattern looks like a small symmetrical triangle (referred to as the...

Market Sentiment

Also called “investor sentiment,” market sentiment is the overall attitude of investors in a security or in the market as a whole.  It is the crowd psychology of investors, buyers, and sellers demonstrated through price movement.  The market shows bullish...

Lot Size

Common in spot forex trading, lot sizes are the amount of units required to make a trade.  Within forex trading, the lot sizes are typically 100, 1,000, 10,000, or 100,000.  Recently, non-standard lot sizes (or “odd lots”) have also become available to...

Lot

The standardized number of units of a stock or asset that are being traded.  For example, in forex trading (where trading in standardized amounts is common), the lot is the number of currency units you will buy or sell.  If the unit is not in a standard lot size, it...