Well, I am not a Day trader and not a pure paper trader. I trade(d) Physical cargoes. My paper activity is related to hedging. My book is related to Oil activity and logistics. It includes paper trading activity as well. Today I originate oil cargo business for Statoil from the CIS countries. A...
Traders are using a lot of definitions and jargon. When you are new to the business it takes some time to addopt the trading language. And even then too many people do not ask what certain words mean. Back office and service providers may struggle and a mistake due to miss understanding can be...