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Chapter 4. Fundamentals of technical analysis

Chapter 4. Fundamentals of technical analysis What is a long position (purchase)? A long position implies the purchase of an asset based on the growth of its value. Long positions are often used in the context of derivatives products and the foreign exchange market, but they are applicable to almost any asset class or market type. Buying an asset on the spot market in the hope of an increase in Chapter 4. Fundamentals of technical analysis

Chapter 2. Financial Markets and Trading Instruments

Chapter 2. Financial Markets and Trading Instruments What is a financial instrument? To put it simply, a financial instrument is an asset that can be traded. Examples can be cash, precious metals (such as gold and silver), documents confirming ownership of something (for example, business or resources), the right to supply or receive cash, and much more. Financial instruments can be complex, but Chapter 2. Financial Markets and Trading Instruments