Tank

0
8
Forex Tank
Last modified: May 3, 2021
Estimated reading time: 1 min

The slang word “tank” is a term that was adopted from the traditional financial markets and describes a strong negative financial performance of a particular asset.

An asset is said to be “tanking” when its price is falling very rapidly.

The term tank may also be used to refer to a particular industry or company that is not performing well.

Another common usage of the word is that an asset or portfolio is considered to be “in the tank” if its financial performance over a longer period of time is declining significantly in value.

The expression “tanking” is often used as the opposite of “rallying”.

An asset is rallying when it experiences a rapid short-term increase in value while tanking refers to the opposite when market prices present a sharp and quick decline.

Another related term to tanking is “bleeding”, which also refers to a decline in market prices.

However, bleeding often describes a slower drop that takes place on a prolonged period, rather than a quick and sharp one.


If this article seems useful for your then please click the like button below. You can also share your valuable feedback or ask questions in the below comment section. Also, subscribe to our newsletter for trading-related updates.
Was this article helpful?
Dislike 0 0 of 0 found this article helpful.

OPEN A DEMO ACCOUNT

Previous articleTake Profit
Next articleTreasuries
FXPedia.info helps individual traders learn how to trade the forex market. We introduce people to the world of currency trading and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey.

LEAVE A REPLY

Please enter your comment!
Please enter your name here