Trader's jargon.
Apart from the official terms, any profession has its own jargon, and the profession of a trader is no exception.
Here, as in other areas of activity, there are a lot of words that denote specific concepts and help to more subtly characterize a situation or subject in non-literary language.
Knowing trader's lingo will help you better understand forum posts, financial news, and trading literature .
Well, it will be useful for those who plan to trade not only via the Internet, but in the future start working on a real exchange platform.
Let's move on to the jargons for stock trading:
Bidarast - not at all what you thought, in stock exchange slang it’s just a buyer.
Outset – designation of a sideways trend, when the price practically does not change or fluctuates in a narrow range.
Bull – a trader who makes purchase transactions and is interested in increasing prices.
Grail – a secret tactic or strategy that allows you to get large and guaranteed profits.
Gap – a situation in which a gap in quotes appears.
Demo – an abbreviated name for a demo account on which you can trade without investing money.
Intraday – trading within one day, without transferring a position to the next day.
Inside – or insider information, any data obtained from unofficial sources reporting possible changes in the market.
Boar – an investor who maintains an open position for a long time and does not have time to close it at the most opportune moment.
Elk - a losing trade closed by stop loss, there is also a saying - Catch a moose.
Majors – the most popular trading objects, in Forex it is currency pairs.
Monkey is a robot advisor that uses the martingale strategy in its trading.
Rebound – a rebound, a price reversal at a certain level, for example, a support or resistance level.
Pips – point, the value of the minimum price change in the quotation, the last digit of the quotation.
Pose – position (long, short), presence of an open order.
Pipsovka – a strategy in which you earn several pips from one trade, bringing huge profits.
Pigs – the most greedy traders on the stock exchange who try to get maximum profit and ignore risks.
Drain the depot – loss of deposit, complete loss of all money in the account as a result of an unsuccessful transaction.
Deposit acceleration – a strategy when used in a short time the amount on the account increases tens of times
Chips - blue chips, slang for the most liquid stocks.
Chart – a chart of the price movement of an asset.
Shorten – open only short positions and sell orders.
There are many other jargon words, but you are unlikely to come across them in your trading career. The meaning of standard terms is given on the page - http://time-forex.com/terminy