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Running Total

This is known as compounding. Compounding is an essential concept in finance that involves the accumulation of daily values. The process includes adding the value of each day to the previous day's total, or subtracting it if the value is negative. This continuous cycle results in a compounding effect, where the overall value increases over time. Understanding this concept is crucial for making informed financial decisions and maximizing returns. So, let's delve deeper into the concept of compounding and its implications in the world of finance.

Hook Day

In the world of finance, a trading day can be defined as one in which the opening price is either above or below the previous day's high or low. Furthermore, the closing pri...

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Cash against documents (CAD)

A buyer or importer must pay the indicated invoice amount upon presentation of commercial documents, such as a bill of lading or insurance certificate. This is known as a si...

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Mandelbrot Set

Fractals, the complex yet ordered patterns generated by iteratively feeding the output of an equation back into itself, exhibit a property known as self-similarity. This mea...

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Stock SIP

Stock SIP, also known as Systematic Investment Plan, is a strategic approach to investing in stocks. It allows investors to purchase a predetermined amount or quantity of st...

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