this is where the bascis of stock trading is discussed . I did not understand everything. the concepts of broker being the middleman, the trading options, the stock price etc..;.
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Hi,
Answering to your question 1 :: What is long / short / long unwinding / short covering?
long – buying the stock expecting the price to increase is long position
short – selling the stock without owning the stock expecting the price to decrease is short position
long unwinding – selling the stock which is already bought
short covering – buying the stock which is already sold
Answering to your question 2 :: What is trade plan and monetary policy?
* Trade plan is the guideline which involves trade type, entry level, target level and stoploss level. trade plan is essential for one who does trading as a business.
* Monetary policy is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest rate.