Letter: N
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Day Trader's Terminology Glossary
Letter: N
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Letter
N
Description
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| National Futures Association (NFA) | |
The industry-wide self-regulatory organization of the futures industry. | |
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| Nearby Delivery (Month) | |
The futures contract closest to maturity. | |
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| Near-term Trend | |
Trend period lasting only a few days to three weeks. | |
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| Net Performance | |
An increase or decrease in net asset value exclusive of additions, withdrawals and redemptions. | |
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| Net Position | |
The difference between the open long (buy) contracts and the open short (sell) contracts held by any one person in any one futures contract month, or an all months combined. | |
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Copyright 1999-2008 Daytrader’s
Bulletin  There
is a substantial risk of loss in futures trading. |
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