Flat on a Failure
Act of closing out on a deal when securities reach a target level but do not advance any further than this. When investors believe that further advancement past the target level is not likely to occur, the trade will be deemed flat on a failure and the position will be closed, reaping whatever profits have thus far been earned.

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Popular Forex Terms

weighted index
round up
age related allowance
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Opening Automated Reporting System (OARS)
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Schedule C