Glossary

Abbreviation for All-Time-High, referring to highest point reached for a stock/chart.

A type of option, increases in value when the corresponding stock rises in price. One buys a "call" to go "long" using options.

A downwards move in price action.

Part of the Checklist prior to a trade.

Refers to one of the only indicators I use on my chart. The VWAP (Volume Weighted Average Price) is a fancy way of saying the average price. This is shown on my INTRADAY (1 min) chart by the yellow small dots. The "end of day" part refers to where the VWAP ended on the previous day.

See chart basics for more.

The green part of the trade box. This is where trades are initiated. Green means GO!

See Trade Box to learn more.

Typically referring to when price moves below a support level.

This is my bread and butter. I consider the first reaction the first move/bounce after hitting a level. This often happens within 1-3 minutes. A 50 cent move on the stock chart is a great visual representation (green section of trade box). Getting my average price closest to the level is the goal, so I'm profitable when selling on first reaction.

Every candle has an open, close, high, and low.

Gap fill is when price is nearing a previous candle's CLOSE level that hasn't been tested yet.

When price is opening up much higher or lower than the previous day's close.

A specific type of trade.

See Types of Trades to learn more.

The position of wanting a stock/option to move higher. One goes "long" by buying "calls" for a stock.

The colorful lines on the stock charts. I use very specific moving averages that I've been using for years. They are referred to as ma (moving averages) and ema (exponential moving averages).

See more at Moving Averages.

A unit of measure in trading. If SPY moves from 478 to 479, it has moved one point.

An upwards move in price of a stock.

Premarket (pm) is the price action from 4:00 am to 9:30 am. Often pm highs, lows, or ranges are used in the morning trade plans.

Refers to the closing price of the previous day candle. Quite often the previous close is of interest for a trade on any given day.

See Candle Anatomy to lean more.

Refers to having multiple areas of support or resistance near or in the trade area of interest. Spotting the trades with a lot of protection comes with time.

Typically used in the phrase "first push" when taking profit on a trade. If done correctly, first push payout can happen in as little as 3-5 minutes.

Check out How to Pay Yourself

A type of option, increases in value when the corresponding stock decreases in price. One buys a "put" to go "short" using options.

The ticker symbol of an ETF (exchange traded fund) that tracks the Nasdaq-100 index.

Always on the bottom half of my charts.

A specific type of long trade.

See Types of Trades to learn more.

The position of wanting a stock/option to move lower. One goes "short" by buying "puts" for a stock.

A specific type of trade.

See Types of Trades to lean more.

The ticker symbol of an ETF (exchange traded fund) that tracks the S&P 500 index.

Always on the top half of my charts.

A specific type of move up on the stock charts. A very sharp incline

This is a word used in the industry that relates to the start of a trade. It's also used in reference to an area.

Usually referring to taking profit on a short trade. The goal of a short trade is to take the profit on the first "wash" or "move" downwards and into profit!