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Lunch is for Wimps author page

Author

Lunch is for Wimps - CFDSpy

Email

info@cfdspy.com

Profile

Lunch is for Wimps used to trade currencies and equity indices – and even occasionally traded German government bonds when he was trying to cure insomnia. Watching Wall Street one night, he heard Gordon Gekko deliver the classic line: “if you want a friend, get a dog”. Unfortunately, a large build-up of ear wax led to him mishearing this piece of wisdom, and he ended up starting this damn blog when he should have been at the pet shop instead.

Latest Posts by Lunch is for Wimps:

Author Archive

Forex rebates for trading - get an edge

December 4th, 2009 | By Lunch is for Wimps | Published in LUNCH IS FOR WIMPS | Comments on this postNo Comments »

Lets start with the obvious – ensure you do proper research into your trade, practice using a demo account, ensure correct risk management (stop losses) and as importantly, ensure that ... Read more

Etoro

May 30th, 2009 | By Lunch is for Wimps | Published in ONLINE BROKERS | Comments on this postNo Comments »

eToro, is truly a unique platform that offers a more visual approach to forex trading combined with competitive broker terms. Read more

Spread

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Spread – The difference between the bid and ask prices for a currency pair. Read more

Liquidity

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Liquidity - The measure of markets which describes the relationship between trading volume and price change. Read more

Principal Value

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Principal Value - The initial amount of money put in to any investment. Read more

Pivot Point

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Pivot Point - The primary support or resistance level calculated basing on the previous trend's High, Low and Close prices. Read more

Volatility

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Volatility - A statistical measure of the number of price changes for a given currency pair in a given period of time. Read more

Useable Margin

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Useable Margin – The amount of available funds in an investment account above the actual client equity that may be used for trading. Read more

Unrealized Profit/Loss

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Unrealized Profit/Loss (Floating) - A profit or a loss on non-closed positions. Read more

Trend

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Trend – The direction of market which has been established with the influence of several different factors. Read more

Technical Analysis

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Technical Analysis – The method of evaluating a position by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts do not attempt to measure a ... Read more

Support

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Support – In technical analysis, the price level which, historically, a security or currency has resists falling below. It is thought of as the level at which a lot of ... Read more

Slippage

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Slippage – The execution of an order at a price that is different than expected, the main reasons for slippage are - "fast" market, low liquidity and the broker's inability ... Read more

Settled Position

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Settled (Closed) Position - closed positions for which all needed transactions has been made. Read more

Resistance

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Resistance – In technical analysis, the price level at which a security or currency or an entire market can trade up towards, but not exceed, for a certain period of ... Read more

Realized Profit/Loss

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Realized Profit/Loss – The gain or loss for a closed position after spreads and commissions have been paid. Read more

Quote Currency

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Quote Currency – The second currency quoted in a currency pair within the Forex Market. In a direct quote, the quote currency is the foreign currency. In an indirect quote, ... Read more

Profit (Gain)

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Profit (Gain) – The amount of money gained when a position is closed. Read more

Pip

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Pip (Point) – The smallest price change that any given exchange rate can make. Since most major currency pairs are priced to four decimal places, the smallest change is that ... Read more

Order

March 24th, 2009 | By Lunch is for Wimps | Published in TRADING GLOSSARY | Comments on this postNo Comments »

Order – The request made by a customer for a broker to buy or sell the currency with a certain rate or at Market Price. Read more