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  1. #11
    Trader
    Join Date
    Dec 2013
    Posts
    45
    Post Thanks / Like
    Credits
    176
    Technical Analysis - (traditional) a voodoo, the animal blood and chanting excluded; (Point and Figure) a really weird voodoo, the animal blood and chanting excluded.
    Top - (when you have an open long position) the point on the chart where the stock price backs off fast before you get out; (when you have an open short position) the exact spot where you cover.
    Trainer - the only man in the room who has never tried intraday trading in his life.
    Trend Line - an imaginary line on the price chart that only changes when the market is closed or when you are not looking.
    Up On The Day - what you are when the market closes, not taking into account ticket charges.
    Uptick - (when you have an open long position) added hope; (when you have an open short position) a market maker, letting everyone else in; (if no positions are open) a good chance to lose some money through opening a short position.
    Volume Spike - (an open position) confirmation that you are either the smartest person or the biggest idiot on Earth; (no positions are open) confirmation that you are the smartest person on the planet, but you were not paying attention.

  2. #12
    TetragTaf
    Guest

    Day Trading Terms - Reply to Topic

    Manager - a day trader who found out a Never Lose Trading System. Margin - (if you are up) a safe situation with huge potential return (if you are down) an evil trick by Unseen Forces that can cause you losing more money than you have. Margin Call - what happens when your clearing firm makes an accounting mistake. Market Maker - the one who set up a secret video camera behind you and who takes the other side of each of your unprofitable trades. Moron - a blockhead, buying your profitable long position. Moving Average - a curly line that has nothing to do with the price movement if you have an open position.
    I missed something ?

  3. #13
    TetragTaf
    Guest

    Day Trading Terms - Reply to Topic

    Technical Analysis - (traditional) a voodoo, the animal blood and chanting excluded; (Point and Figure) a really weird voodoo, the animal blood and chanting excluded. Top - (when you have an open long position) the point on the chart where the stock price backs off fast before you get out; (when you have an open short position) the exact spot where you cover. Trainer - the only man in the room who has never tried intraday trading in his life. Trend Line - an imaginary line on the price chart that only changes when the market is closed or when you are not looking. Up On The Day - what you are when the market closes, not taking into account ticket charges. Uptick - (when you have an open long position) added hope; (when you have an open short position) a market maker, letting everyone else in; (if no positions are open) a good chance to lose some money through opening a short position. Volume Spike - (an open position) confirmation that you are either the smartest person or the biggest idiot on Earth; (no positions are open) confirmation that you are the smartest person on the planet, but you were not paying attention.
    I think you made ​​a mistake . Let's discuss . Write to me in PM.

  4. #14
    Super Moderator
    Join Date
    Sep 2014
    Location
    UAE, Dubai, Jumeirah Lakes Towers
    Posts
    77
    Post Thanks / Like
    Credits
    163
    My Language
    English
    Dear Tetrag Taf,

    This is a fun place where you can come and share a joke, the section itself is called "Take It Easy", so whatever you see here as posts are either a joke or some funny quotes. I know its not the exact description of Technical Analysis, but its a joke so don't take it seriously.

    Thanks,

    Moderator

  5. #15
    Senior Trader
    Join Date
    Mar 2015
    Posts
    428
    Post Thanks / Like
    Credits
    137
    My Language
    English
    Basically, I am a day trader. Therefore, I like to close my all trades in a day. I get good result by following H4 time frame but sometimes I use H1 time frame. On the other hand, simple moving average 100 gives me much clear knowledge about market trend. I believe day trading is much risk free from scaling and also profitable.

  6. ARIONFORXtarder
 

 
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