Glossary/Frequently Used Terms
10y GB -
10 year Government Treasury Bond
ALGORITHMIC HIGH-FREQUENCY BLACK BOX COMPUTERIZED PROGRAMS
ALGO-HFT NS -
ALGO = ALGORITHMIC
HFT = HIGH FREQUENCY TRADING
NS = NANOSECONDS
All Time High
ATH = ALL TIME HIGHS ON STOCK or MARKET PRICES
Breakdown. When stock price hits a level that causes the price to go lower, without immediately recovering.
Break Out. A price movement through an identified level of support or resistance, which is usually followed by heavy volume and increased volatility. Traders will buy the underlying asset when the price breaks above a level of resistance and sell when it breaks below support. In practice, a breakout is most commonly used to refer to a situation where the price breaks above a level of resistance and heads higher, rather than breaking below a level of support and heading lower.
Buy The F****** Dip - Acronym for buying/adding a position in a stock any time the price level drops with the expectation that price will quickly recover and move higher.
Direct Hit -
Direct Hit = Price Target / Objective reached with precision.
DT_LINE UT_LINE / CHANNELS -
DT = DOWNTREND
UT = UPTREND
EXCITEMENT AS TRADE ACCELERATES TOWARDS LONG OR SHORT TARGETS GENERATING PROFITS
LEMMINGS CHASERS -
LEMMINGS = LATE BUYERS / TRADERS = EMOTIONAL TRADERS
GENERALLY GETTING INTO POSITIONS IN THE FINAL STAGES OF A STOCK OR MARKET MOVE AND MOSTLY WRONG IN TRADE DECISIONS
LOTTO = Weekly Call or Put Option with 24-48hr Expiry ...generally very low priced option (less than $1-2) : High Risk & susceptible to Total Loss aka "Lottery Ticket"
MONITOR ON OWN TRADING SCREENS
MOOS$ : MONITOR ON OWN SCREENS -
MOOS$ : MONITOR ON OWN SCREENS
MYOT$ MYOP$ -
MYOT$ = Manage Your Own Trades.
It basically means that given trade parameters, an individual trader should manage his/her own position relative to personal risk/greed tolerance, position size & time frame.
MYOP$ = Manage Your Own Profits$
Every Member/Trader is responsible for capturing & banking their Profits
PI - OPTIONS OPEN INTEREST : #NUMBER OF CONTRACTS OPEN AT THE SPECIFIC STRIKE PRICE & DATE
Opening Range Breakout. An Opening Range Breakout is defined as a trade taken at abreakout above or below a bracket of the first 30 minute range
Opening range high. A short term price pivot represented by the highest price during the first 5-30mins of trading. It's used in the ORB trading strategy.
Opening range low. A short term price pivot represented by the price level during the first 5-30mins of trading. It's used in the ORB trading strategy.
P.G.T. B.G.T. -
P.G.T. = Predictive Game Theory = Clueless8 Variables utilized in Market & Stock Forecasts Predictive Analytics : Economic Fundamental Technical etc
B.G.T. = Behavioral Game Theory = Clueless8 Variables utilized in determining overall Market & Investor Behavioral Sentiment / Mood of the Markets / FEAR/EUPHORIA etc
Power$ Reversal -
Power$ Reversal = Powerful Reversal UP during a sharp falling Market or Stock off an Inflection Point
ROI ROR ARR IR DY -
ROI = Percentage Return on Investment or POINT GAIN
ARR = Annualized Rate of Return
ROR = Percentage Rate of Return
IR = Interest Rate
DY = Dividend Yield
SITTING ON ASS !
TRADERS WHO REMAIN INACTIVE & DO NOT ACT ON TACTICAL ALERTS OUT OF FEAR OR APATHY
Acronym for SITTING ON HANDS - a reference to not making any trades or actively changing any open positions.
STOCK COLLAPSING OR HEADING LOWER
ST LT MT PT -
ST = Short Term
LT = Long Term
MT = Medium Term
PT = Price Target
TACTICAL TRADING -
TACTICAL TRADING INCORPORATES PRECISION TECHNICAL ANALYSIS / CHARTS / SPECIFIC INLECTION ENTRY/ EXIT POINTS/ LEVELS.
TACTICAL TRADERS TEND TO MINIMIZE THEIR EMOTIONAL BAGGAGE & FOCUS ON DISCIPLINED TECHNICAL MARKET/ STOCK LEVELS.
TACTICAL TRADERS TEND TO BE ROBOTIC AND TRACK ALGORITHMIC HIGH FREQUENCY TRADING TRENDS
Trade At your Own Discretion. Acronym that represents a warning for potentially high risk trade. Trade should be followed with caution.
Yesterday High Of Day. An acronym that represents the previous day's high. Generally acts as a break out or reversal level.
Yesterday Low of Day. Acronym that represents the previous day's low. General acts as a breakdown or reversal level.