A testnet is a separate blockchain network created to test and experiment with the current system without interfering with the native blockchain. The cryptocurrency coins used for testnets are intended to lack value.
An assets time and sales (T&S) is a real-time data feed of trade orders that denotes the date, time, quantity and price for executed orders in a given market and includes information like volume and direction (buy/sell). Time and sales are also known as, The Tape or T&S.
Traders take positions in financial instruments with the intent to hold them for a short period for a quick return on equity. Traders analyze the price of a given instrument through fundamental and technical analysis.