Finelo Blog

Learn investing and trading, one article at a time. Practical guides, beginner-friendly explainers, and learning tips from the Finelo team.

Trading

Limit Up Limit Down Rule: What It Is and How It Affects Trading

The Limit Up–Limit Down (LULD) rule prevents trades outside exchange-defined price bands and enforces short pauses or restrictions when a stock moves beyond those bands, reducing disorderly price moves.

Finelo Team
Trading

Leverage in Trading: Learn the Concept & Risk Controls

Leverage in trading means controlling a position larger than the money you put in. It is written as a ratio: at 10:1 (also shown as 10x), every $1 of your own capital controls $10 of market exposure, so $1,000 controls a $10,000 position.

Finelo Team
Trading

Level 2 vs. Level 3 Market Data: Definitions, Access, and Common Confusion

Level 2 generally refers to market-depth information showing multiple bid and offer levels. “Level 3” is not a universal label for a deeper retail data feed.

Finelo Team
Trading

Level 2 Market Data Free: Guide

Short answer (direct): Level 2 market data—an order-book view showing multiple bid and ask price levels—can sometimes be accessed at no extra cost via broker platforms, demo/educational accounts, or bundled tools; however, full exchange feeds are often gated behind paid subscriptions or exchange fees.

Finelo Team
Investing

IV Rank vs. IV Percentile: the Key Differences

Compare IV rank with IV percentile, understand their different lookback calculations, and learn why data choices and market context can change the signal.

Finelo Team
Trading

Intrinsic Value Formula for Options: Calls, Puts, and Examples

Intrinsic value of an option is the portion of its price that reflects immediate exercise profit: for a call, max(0, underlying price − strike); for a put, max(0, strike − underlying price) — this is the amount an option is “in the money” and never negative CME Group.

Finelo Team
Investing

Implied Volatility Term Structure: Learn the Concept, Uses & Risks

The implied volatility (IV) term structure plots implied volatility across option expirations. It shows how option prices differ by maturity and can help explain where event or longer-horizon uncertainty is concentrated.

Finelo Team
Chart Analysis

ICT Trading Concepts: Learn the Concept & Risk Controls

ICT stands for Inner Circle Trader, the brand and alias of Michael J. Huddleston, an American trader and educator.

Finelo Team
Chart Analysis

How to Confirm Chart Pattern Breakouts: Definition, Examples & Key Limits

A chart-pattern breakout occurs when price moves beyond a defined support, resistance, trendline, or neckline. The move is not automatically valid.

Finelo Team
Chart Analysis

Harami Candlestick Pattern: Bullish, Bearish, and the Harami Cross Explained

A harami is a two-candle reversal pattern built on one simple picture: a large candle moving with the trend, then a small candle whose body sits entirely inside the body of the first.

Finelo Team
Trading

Good Faith Violation: Current Rules, Examples & Risks

A good faith violation can occur when a customer buys a security in a cash account with unsettled sale proceeds and then sells the newly purchased security before the original sale settles.

Finelo Team
Investing

Geometric Average Return Formula: Calculation, Importance, and Applications

The geometric average return (also called the compound average) is the per‑period growth rate that, when compounded, equals the actual cumulative change over a sequence of returns.

Finelo Team