Asset Classes

What trades on PecuDesk and how each market behaves: currencies, indices and metals, equities, options, futures and crypto.

Written for

Traders deciding which markets to work in, and anyone moving from one asset class to another.

Length

6 lessons · 67 min

1. 1ForexThe largest market by volume, and the only one where every instrument is a ratio of two things that both move.11 min · beginner
2. 2Indices and commoditiesAn index is a basket, not a company. Gold is neither an equity nor a currency. Both behave unlike the things they are grouped with.11 min · beginner
3. 3StocksA claim on a business. The only class here where an instrument can move 20 percent overnight on one scheduled event.11 min · beginner
4. 4OptionsThe one instrument where you can be right about direction and still lose everything you put in. Read this before trading one.12 min · intermediate
5. 5FuturesStandardised contracts with an expiry date. Margin here means something different from margin on a stock.11 min · intermediate
6. 6CryptoNo close, no circuit breakers, and a positioning structure that is visible in real time rather than reported weekly.11 min · intermediate