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As a trader, you're constantly juggling a portfolio of assets, trying to buy low and sell high. But have you ever stopped to think about how quickly those assets are moving in and out of your inventory? That's where the concept of inventory turnover comes into play, and it's a crucial metric that can make or break your trading game.
Ah, the elusive sweep account - a term that might sound like something straight out of a spy movie. But fear not, dear trader, for this nifty tool is here to make your life a whole lot easier (and cooler, let's be honest). Imagine having a secret weapon that streamlines your trading operations, saving you time and effort like a well-oiled machine. That's the sweep account in a nutshell, and we're about to unlock its mysteries.