Hey, Traders, it's Marina, the trader chick, and today we're going to be talking about day trading lingo. You know, sometimes when you're just starting out or even if you've already been doing it for a while, the words sometimes just simply don't make sense. Right. Like, if I was to enter the Formula One driving world, probably half of the stuff that they say there, I wouldn't understand. And it's the same when it comes to trading and financial markets in general.
Sometimes when you hear words that don't make sense. So today I'm going to simplify it and you are going to be talking like a pro. Are you ready?
Have you ever been in a place where it's something foreign to you, and you simply don't know what people are talking about? I mean, it depends on the industry you're in, right? If you enter a Formula One driving world, you probably won't understand half of the stuff they say if you enter the medical world. I definitely don't get anything they say, but I sometimes feel the same when it comes to day trading and the financial markets altogether. So instead of feeling completely out of your realm and that's what kind of keeps you from starting today.
Day Trading Terms And Definitions