Day Trading Terms

[Ivana]

Advisor – the one who charges money for a piece of stock advice to cover his/her losses on the market. <br />
Advisory Service - an advisor who lost a considerable amount of money and started new business....

[Ivana]

Afternoon - a daily chance to give back the money you made that morning (see Friday).
Apprentice - anyone who peers at your screen shortly after you closed a profitable deal.
Average Down - what you have to do if you opened a long position and had to go to the bathroom.
Average Up - what you have to do if you opened a short position and had to go to the bathroom.

[Ivana]

Bad Trade/Stupid Trade – an unprofitable deal that someone else carries out which does not fit your trading strategy.
Bottom - (when you have an open long position) the spot where you give up averaging down and sell; (when you have an open short position) the spot where the book recommends you to open a short position.
Break – a pause you take when you have either 2 profitable or 5 unprofitable deals in a row.
Broker - someone who studied hard and has a license to legally lose your money for a minute additional fee.

[Ivana]

Chart - what you check after you exit trading, trying to understand what went wrong.
Cheap Stock - a stock the price of which will decline as soon as you decide not to open a short position on it.
Confusion - 6 open positions.
Coyote Syndrome - when you feel an irresistible impulse to bite your own arm off so as not to click the mouse again.

[Ivana]

Day Trading - trading which you start too late and exit too early.
Double Up – a phrase you employ to explain your open position after you accidentally bought more instead of selling what you had.
Down On The Day - a temporary situation until right after the next deal.

[Ivana]

Excellent Company - any stock you know nothing about on which you carry out a profitable deal.
Excellent Long Term Investment - Position Trading that went the wrong way right after you opened a position.
Expensive Stock - a stock the price of which will rise as soon as you decide not to open a long position.
Expert – a newbie who has not begun to trade yet (see Licensed Expert).
Fossil - a rather aged dude, making less than 90 deals per day.
Freak – the one who can carry out three profitable deals in a row.
Friday – a weekly opportunity to give back everything you gained that week (see Afternoon).
Fundamental Analysis - the process of checking if you can open a short position on a stock.

[Ivana]

Gap Up - a stock that has a higher opening price than a closing one was the day before, and will go down if you buy it, but will continue to go up if you sell it.
Genius - what you are in the eyes of an Apprentice if Lady Luck favours you 3 times in a row.
Halt (stock) – (an open position) impending really good news or really bad news, but anyway, the scariest thing possible to happen.
Highlight - selling into the rally while a dude on TV provides the complex reasons why the stock is special.
Home Run - every single deal you thoroughly consider, tell other traders about and then do not make yourself.
Huge Player - 1. A guy with over 15 thousand dollars left. 2. Any trader that has been in such a situation for more than three months.
Idiot - a fool that gives you his stock to cover your profitable short position.
INCA - (if a long position is open) some creep that puts up a 50,000 share offer right when you open a long positon; (if a short position is open) the same guy, opening a long position.
IPO - expensive cyanide.
IPO (Internet) - expensive cyanide flambé with sugar.

[Ivana]

Joker - a professional who takes a break to laugh to himself (see Professional, Break).
Level 2 - the circle in Hell where Satan explains an extremely complicated way how to lose a great amount of money for a very short period of time.
Licensed Expert - a dude with a Series 7 license who has not started trading yet.
Loudmouth - 1. Anyone that says anything near you, while you are losing a deal. 2. A newbie who cannot pull the trigger at first, but finally does it, screaming: "Yahoo! It's running!"
Lucky Deal - a profitable deal someone else made that does not fit your strategy much.
Lunch Money - what you waste away between 11 a.m. and 1 p.m. (ET).

[Ivana]

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.

[Ivana]

Pain - exiting at loss, reversing your position on a stock and then watching it go the way you knew it would in the first place.
Position Trading - day trading that went the wrong way right after you took a position.
Pro - a guy at trading centre who says nothing and keeps smiling all the time (see Joker).
Scalping - losing only an eighth in one go.
Secret Deal – a deal that you do not tell about to the Apprentice when he asks you how you are doing.
Short List – a daily list of stocks that will rise and never pull back.

Short List Request – a request submitted to the clearing firm which contains a list of all stocks that you could open short positions on yesterday and tomorrow, but not today.
Short Squeeze - (when you have an open short position) when a person that you have never met before and that should not have anything against you attempts to hurt you and your family on purpose; (when you have an open long position) a proof that you are a true genius.
Special Situation - when you watch your losing stop limit go by and open a position of larger volume instead of exiting trading (see Long Term Investment).
Spread – (if a deal is profitable) sharing your wealth; (if a deal is unprofitable) a malicious market maker who rips you off.
System Trading - a phrase you employ to explain to the Apprentice how your trade did not work out the way you meant.

[Ivana]

Technical Analysis - (traditional) a voodoo, the animal blood and chanting excluded; (Point and Figure) a really weird voodoo, the animal blood and chanting excluded. <br />
Top - (when you have an open...

[TetragTaf]

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 ?

[TetragTaf]

I think you made ​​a mistake . Let's discuss . Write to me in PM.

[Moderator]

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

[Ricard Dorman]

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.

[FXOpen Trader]

A lot of trading opportunities are now coming up in the Ripple. For trading in the XRP you will need to use the Forum Resources at

[Bernadar]

in fact, there are a lot of such examples, but if you post a new one every day, it's good that there are such people)