💵Trading Glossary

Common acronyms and terms we use when trading

SL - Stop Loss

GTC - Good 'til cancelled

ODTE - 0 days until expiration (expires today)

EOD - End of Day

SS or S/S - Short Sell

E/R - Earnings Report

52s - new 52 week high

B/O - Breakout

Green - price is above prev close

Red - price is below prev close

R/R - risk/reward

Call - a trade that predicts the asset (stock, currency, commodity, etc.) will go up in value

Put - a trade that predicts the asset (stock, currency, commodity, etc.) will go down in value

Short or Shorts - an option that is predicting the asset will go down in value (Put)

Long or Longs - an option that is predicting the asset will go up in value (Call)

Bollinger Band - graphing indicator on charts showing high and low ranges

Scalp - quick option trade, usually minutes, sometimes an hour or two

Day trade - option trade that is bought and sold same day

Swing - option trade held for a few hours to a few days

More here - https://www.investorsunderground.com/acronyms/