What Is a Business Day? Is Saturday a Business Day? A business day typically refers to any day in which normal business operations are conducted. In Western countries, this is generally considered to be Monday through Friday from 9 a.m. to 5 p.m. local time and excludes weekends and public […]
Stop on Quote vs. Limit Orders vs. Stop Orders A Stop on Quote Order enables an investor to execute a trade at a specified price, or better after the quoted stock price reaches the desired stop price. It is used by investors who want to limit their downside to ensure […]
What Is a Proxy Vote? A proxy vote is a ballot cast by a delegate or representative on behalf of the original vote-holder known as the principal. A representative or firm can cast a proxy vote on behalf of the original vote-holder or principal. The principal is often a shareholder […]
What Is a Zero-Sum Game? In a zero-sum game, one person’s gain causes another person to lose an equal amount. For everyone involved, the net change is zero. The stock market, in the long run, is not a zero-sum game. There is real and actual wealth creation from economic growth […]
What Do Three White Soldiers Mean? The Three White Soldiers is a bullish candlestick formation on a stock trading chart signaling a bullish reversal at the end of a downtrend. The three white soldiers formation is used by analysts and traders to predict the reversal of the current downtrend in […]
SBLC – What Is a Standby Letter of Credit? SBLC (Standby Letter of Credit) is a bank guarantee to pay a specific amount of money to a seller if the buyer defaults on the agreement. A standby letter of credit is a legal guarantee by a bank on behalf of […]