Trader slang

Day High – the highest share price for the day.

Day Low – the lowest stock price per day.

Consolidation – consolidation, stagnation, when the price does not change for a long time. On the chart it looks like a horizontal corridor with a tiny difference between the upper and lower limits of the transaction price. Also, it is called the base.

Breakout – a breakthrough, a situation when the price breaks through the support / resistance level.

Bid (Bidprice) – the maximum price at which anyone wants to buy.

Ask (askprice) – the minimum price at which someone is willing to sell.

ECN (electronic communication network) – an automated electronic stock trading system.

EPS (EarningsPerShare) – earnings per share, total earnings after expenses and taxes, divided by the number of ordinary shares outstanding.

Gap – a gap, a price range in which there were no deals.

Limitorder – the application of the trader at the price indicated by him, which is expected to be executed in a glass. An order can only be executed when the share price reaches the order price.

Long – a “long” position that begins with the purchase of a share.

Short – a “short” position that begins with the sale of shares.

Offer – an offer of shares for sale, the same as Ask.

Print – printing, description of the transaction indicating the price and number of shares that we meet in the stream.

Position – a position or an open position, exists at the moment when the trader owns the shares.

Range – a range, on the chart it is a horizontal price corridor formed by support and resistance levels, in which the stock price has been moving for some time.

Spread – the difference between the highest bid and the lowest.

StopLoss – protective stop orders used to limit losses. Buy Stop – to limit losses in short positions, Sell Stop – to limit losses in long positions.

Trend – trend, direction of movement of the stock price (up, down or horizontally).

Uptick – growth, the transaction occurred at a price higher than the previous one. If the stock cannot be closed immediately, then this is Uptick and will give you a position, only in the case of Uptick.

Time frame – time period on the chart.

Slippage is an example: put a stop at 35.00 and you were released at 34.95, 5 cents below the stop. Slippage sometimes occurs during times of low liquidity. This is a market phenomenon that cannot be avoided.


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