COMMON TRADING TERMS AND LANGUAGES

in #trading7 years ago

let's take a look at some common trading terms and languages...

ALTCOIN = Any crypto currency other than bitcoin.

ASHDRAKED = A situation where you lost all your money.

BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.

BEAR/BEARISH = Negative price movement

BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

BULL/BULLISH = Positive price movement

DILDO = Long green or red candles

DUMP = To Sell off a coin

DUMPING = Downward price movement

DYOR = Do Your Own Research

FA = Fundamental Analysis

FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)

FUD = Fear Uncertainty & Doubt

HODL = Hold/Hold a position

JOMO = Joy Of Missing Out

LONG = Margin bull position

MCAP = Market Capitalization

MOON = Continuous upward movement of price

OTC = Over The Counter

PUMP = Upward price movement

SAJ CANDLE = Huge green candle

SHITCOIN = A coin with no potential value or use

SHORT = Margin bear position

SWING = Zig zag price movement
(Upwards and downwards)

TA = Technical Analysis

REKT = When you have a bad loss

REVERSE INDICATOR = Someone who is always wrong predicting price movements.

RSI = Relative Strength Index

WHALE = Very Wealthy trader/Market mover

Those are some of the terms you'll be coming across... Now let's move further...

So where can I trade?

There are various exchanges, and they may list different coins...

Sort:  

Nice post... I just upvoted, Follow me and do same

Congratulations @chuckeey! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!