Term of the day
Chi Square Statistic
Gauge comparing expectations to results. Data used in computing must be raw, random, mutually exclusive, taken from independent variables, and came from huge sample.
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Debt obligation with 30-year maturity. Offered by the US Treasury, it used to be the bellwether US bond. But today, many consider the 10-year Treas ...
Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the low ...
Buck the Trend
Situation in which the price of a security or a class of assets moves in the opposite direction of the broad market, industry, or its competition. ...
Zomma is a third-order Greek that measures the change in gamma in connection with the changes in the underlying asset’s volatility. It is als ...
A chart pattern that is characterized by trading periods where the bottom of the price bars rise over time. A rising bottom views as a sign o ...
Mobile Wallets on the Rise in 2017
Most people have a stash of cards in their wallets, be it credit, gift, or debit cards. A recent survey revealed that an average person carries around 17 of these everyday, and many are finding the task of storing them in one place and bringing it daily inconvenient.
Retirement Blueprint for Freelancers
Retirement for freelancers is tricky. Unlike regular employees, no one will look out for self-employed individuals’ retirement but them. Yes, you may not be able to obtain benefits such as co mpany stock or free money in the form of employer’s matching contribution.
Special Features on Finance
5 Stages of Becoming a Trader
A professional advance implies that anyone goes through several stages. A career on Forex is no exception as traders evolve step by step, mastering practical skills. There is no precedent when a ro okie trader has been able to leap to the top, passing through several evolution stages.
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