Scalper: Traders who are implement scalping strategy for trading.
Scalpers try to catch small fluctuations in the market to make small profits.
Scalping: A trading strategy in which traders try to make profits from
small fluctuations. The goal of a scalper (traders who implement this strategy)
is to buy (or sell) a number of lots and then sell (or buy) them as quickly as
possible for small profits.
Soft
Currency: A currency
that fluctuates as a result of its country's political or economic uncertainty.
Soft currencies are avoided by most of the forex dealers because of its
instability.
Sovereign
Risk: A risk that a central
bank will change its foreign exchange regulations reducing the value of the
currency contracts.
Speculator:
A person who trades in the
markets by taking higher than average risk in return for higher than average
return.
Spot
Exchange Rate: It is
the foreign exchange rate for immediate delivery. It is also known as
straightforward rate, outright rate or benchmark rate.
Spot
Next: A type of
contract which denotes the delivery of a purchased currency on a future date.
Spot next contracts come in many lengths. E.g., spot one week contract
indicates the delivery after one week of the trade date.
Standard
Lot: Size of a
contract for 100,000 units of base currency.
Swissie:
A slang used for Swill Franc.