Flat On A Failure

Flat On A Failure
Closing out a position and taking profits when the security in question moves up to a target level but fails to break through it. This can be seen as a method of extracting what profit a trade has been able to produce so far because the trader believes that further movement past the target level is unlikely.

For example, suppose that a trader is in a long position on a given currency pair and the exchange rate moves upward in her favor by a moderate amount, but fails to move past a key resistance level she was expecting to act as a catalyst for further movement. In this case, the trader would probably deem the trade flat on a failure and close the position, taking whatever profit has been earned.


Investment dictionary. . 2012.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Failure rate — is the frequency with which an engineered system or component fails, expressed for example in failures per hour. It is often denoted by the Greek letter λ (lambda) and is important in reliability engineering. The failure rate of a system usually… …   Wikipedia

  • Failure — (Roget s Thesaurus) < N PARAG:Failure >N GRP: N 1 Sgm: N 1 failure failure Sgm: N 1 nonsuccess nonsuccess nonfulfillment Sgm: N 1 dead failure dead failure successlessness Sgm: N 1 abortion abortion miscarriage Sgm: N 1 b …   English dictionary for students

  • Flat roof — A flat roof is a type of covering of a building. In contrast to the sloped form of a roof, a flat roof is horizontal or nearly horizontal. Materials that cover flat roofs should allow the water to run off freely from a very slight… …   Wikipedia

  • Flat-12 — A flat 12 is an internal combustion engine in a flat configuration, having 12 cylinders.The flat 12 is wider (but significantly lower in height) than a V12 . Despite the advantage of having a lower center of gravity than a V12, that advantage can …   Wikipedia

  • Flat morphism — In mathematics, in particular in the theory of schemes in algebraic geometry, a flat morphism f from a scheme X to a scheme Y is a morphism such that the induced map on every stalk is a flat map of rings, i.e., : fP : OY,f(P) → OX,P is a flat map …   Wikipedia

  • flat — {{11}}flat (adj.) early 14c., from O.N. flatr, from P.Gmc. *flataz (Cf. O.S. flat flat, shallow,: O.H.G. flaz flat, level, O.E. flet, O.H.G. flezzi floor ), perhaps from PIE *plat to spread (Cf. Gk. platys broad, flat; see PLACE (Cf …   Etymology dictionary

  • failure — I (New American Roget s College Thesaurus) Nonperformance Nouns 1. failure, unsuccessfulness, nonsuccess, nonfulfillment; dead failure, abortion, miscarriage, malfunction, outage; bankruptcy (see nonpayment); labor in vain; no go; inefficacy;… …   English dictionary for students

  • secondary failure — The failure which occurs as a result of a primary failure (e.g., the primary failure is a nail hole; but as the tire is run flat, the secondary failure may be a tire roll off …   Dictionary of automotive terms

  • Yucca Flat — is a closed desert drainage basin, one of four major nuclear test regions within the Nevada Test Site (NTS), and is divided into nine test sections: Areas 1 through 4 and 6 through 10. Yucca Flat is located at the eastern edge of NTS, about ten… …   Wikipedia

  • Heart failure — Classification and external resources The major signs and symptoms of heart failure. ICD 10 I5 …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”