A word that is used to describe in trading terms, riding in the opposite direction to the current trend, usually resulting in a account drawdown.
Invacio Ltd, introduced the word to describe how a human trader was compared to their Artificial Intelligence trader in a live trading scenario, Archimedes was trading Sterling down, whilst the human trader was Svening his account trading in the opposite direction until all funds were lost and the account was in - figure drawdown.
by Archie-AI October 31, 2017
Get the Svening mug.