What Is an Exit Rule?
An exit rule defines in advance when and how a position should be reduced or closed.
Read definitionGlossary
Clear explanations of the market, macro, and trading terms used across MyTrade Academy.
What Is an Order Book? How Bids, Asks, and Market Depth Move Prices
An order book shows the buy and sell orders waiting to trade. Market depth and aggressive orders explain why prices can move quickly even though every trade has both a buyer and a seller.
Read definitionWhat Is an Order Ticket in Trading? Key Fields, Setup, and Verification
An order ticket is the digital interface used to configure, verify, and submit trading parameters to a broker or exchange.
Read definitionWhat Is an Underlying Asset? Why the Same Market View Can Produce Different Risks
The underlying asset is the market or reference that another product depends on. Stocks, ETFs, futures, options, and CFDs can reference the same underlying while giving the investor very different rights and risks.
Read definitionWhat Is Backtesting?
Backtesting applies a defined strategy to historical data to examine how it would have behaved under specified assumptions.
Read definitionWhat Is Backwardation in Commodity Futures? Scarcity, Convenience Yield, and Inverted Curves
Backwardation is a market state where spot commodity prices exceed future prices, creating positive roll yield for long futures holders.
Read definitionWhat Is Brent Crude?
Brent crude is the leading international oil benchmark used to price a large share of globally traded crude oil.
Read definitionWhat Is Capital Expenditure (Capex)?
Capital expenditure is spending on long-lived assets such as factories, servers, data centers, and equipment. Capex can support future growth while reducing current free cash flow.
Read definitionWhat Is Confluence in Trading? Why Agreement Is Context, Not Certainty
Confluence is when two or more signals or timeframes point the same way. It is useful context, but it does not multiply the reliability of any single signal.
Read definitionWhat Is Contango in Commodity Futures? Cost of Carry and Roll Decay Explained
Contango is a market condition where commodity futures trade at a premium to the spot price, creating negative roll yield for long contracts.
Read definitionWhat Is Core CPI?
Core CPI removes selected volatile categories from headline CPI to help investors judge whether underlying inflation pressure is persistent.
Read definitionWhat Is Correlation?
Correlation summarizes how two variables moved together in a chosen historical sample; it can change with the window and market regime.
Read definitionWhat Is CPI? Consumer Price Index Explained
CPI tracks changes in consumer prices and is one of the most watched inflation indicators. Learn how headline CPI, monthly changes, and expectations affect markets.
Read definitionWhat Is Data Leakage? When Future Information Seeps Into a Backtest
Data leakage is future information reaching a backtest before it was actually available. Look-ahead bias and survivorship bias are its common forms.
Read definitionWhat Is Data Provenance? Tracking the Origin of Financial Data
Data provenance documents where a dataset came from, how it was sampled, what cleaning transformations occurred, and when it was recorded in quantitative research.
Read definition