A "bad trader" can be described by several terms depending on whether the poor performance is due to incompetence, undisciplined emotional behavior, or dishonest actions.
The 4 types of trading: scalping, day trading, swing trading, and position trading. The duration of time that trades are held determines the difference between the styles.
In financial trading, a rogue trader is an employee authorized to make trades on behalf of their employer (subject to certain conditions) who makes unauthorized trades. It can also involve mismarking of securities.
Unfair trade practices include misrepresentation, false advertising, tied selling and other acts that are declared unlawful by statute. It can also be referred to as deceptive trade practices.
Biases don't just rear their heads when we're under stress—strong bull markets, too, can trigger a host of suboptimal responses, including overconfidence, self-attribution, and herd mentality. In such cases, many traders let positions stay open too long, even when they've surpassed their profit targets.
In the forex market, aggressive trading refers to a trading style characterized by taking on higher levels of risk in pursuit of potentially larger profits.
A failed / unsettled trade is a trade that fails to settle on the previously agreed settlement date. Failure to settle principally arises if one counterparty is unable to deliver all or part of the security, or if the other counterparty fails to provide sufficient funds to meet the settlement consideration.
A deceptive trade practice is a misleading act that causes harm to consumers or competitors in the market. For something to be considered a deceptive trade practice, it must affect commerce and cause some type of harm — usually financial harm — to consumers or a competing business.
They are traders who call uninvited to your home to sell goods and services but have no regard for the law. They generally target more vulnerable people. Doorstep selling is a preferred approach of many rogue traders. Rogue traders target their victims and provide poor quality, unfinished and often unnecessary work.
Silent trade, also called silent barter, dumb barter ("dumb" here used in its old meaning of "mute"), or depot trade, is a method by which traders who cannot speak each other's language can trade without talking.
The "90 Rule" in trading, often called the 90-90-90 Rule, is a harsh market observation stating that roughly 90% of new traders lose 90% of their money within their first 90 days, highlighting the high failure rate due to lack of strategy, poor risk management, and emotional trading rather than market complexity. It serves as a cautionary tale, emphasizing that success requires discipline, a solid trading plan, proper education, and managing psychological pitfalls like overconfidence or revenge trading, not just market knowledge.
The 3-5-7 rule in trading is a risk management framework that sets specific percentage limits: risk no more than 3% of capital on a single trade, keep total risk across all open positions under 5%, and aim for winning trades to be at least 7% (or a 7:1 ratio) greater than your losses, ensuring capital preservation and promoting disciplined, consistent trading. It's a simple guideline to protect against catastrophic losses and improve long-term profitability by balancing risk with reward.
Forex trading, also known as foreign exchange trading, is a dynamic and lucrative financial market that has produced some of the world's most successful traders. These individuals have not only mastered the art of trading but have also achieved remarkable financial success.
A 'trader' is a person acting for purposes relating to that person's business, trade, craft or profession (including the activities of any government department or local or authority'>public authority), whether acting personally or through another person acting in the trader's name or on the trader's behalf.
Unfair trade practices are practices that grossly deviate from good commercial conduct and are contrary to good faith and fair dealing. 1 Unfair trading practices are typically imposed in a situation of imbalance by a stronger party on a weaker one, and can exist from any side of the B2B relationship.
The primary tool the Office of the Attorney General uses to protect Texas consumers is the Deceptive Trade Practices Act (DTPA). This law lists many practices that are false, deceptive, or misleading. When you fall victim to illegal practices covered by the DTPA, you may have the right to sue for damages under the act.
Definition & meaning. A deceptive trade practice involves actions taken by an individual or business to mislead consumers into buying products or services. This can include tactics such as false advertising or tampering with odometers. Such practices are illegal and can lead to criminal charges.
You can report the salesperson to the Citizens Advice on 0808 223 1133. or to the National Trading Standards if you believe they have sold you faulty, inferior or overpriced products or services.
