Jargon Buster Glossary required

[Pound foolish]

I am having a bit of trouble understanding the jargon terms used here and on the market and cannot be the only one.

Could we start up a list and people can add to it?

I will start with two I have looked up.
Stop Loss - a price at which you set to sell to limit losses on a falling share price.
Limit order - a price at which you set to buy shares on a rising market.

 

[timsk]

Hi Pf,
If you click on 'Traderpedia' in the red header panel - you'll find all the jargon explained there.
Enjoy!
Tim.

 

[Pound foolish]

Thanks for that, it is a great help.

I am not feeling quite so overwhelmed now.

 

[raysor]

Limit order - a price at which you set to buy shares on a rising market.

..and the lowest price that you would sell at.

 

[JGH03]

Could someone explain what YM and ES mean ? I can't find the answer in Traderpedia or using Google.

 

[raysor]

Could someone explain what YM and ES mean ? I can't find the answer in Traderpedia or using Google.

in what context?

 

[JGH03]

I've seen these references in a number of threads on this site. Can't find the thread that originally got me scratching my head but there are plenty of others, eg:
- http://www.trade2win.com/boards/day-trading-scalping/19982-es-ym-micro-scalping.html
- http://www.trade2win.com/boards/fut...ed-data-ok-charts-not-needed-just-prices.html
- http://www.trade2win.com/boards/us-indices/14900-trading-ym-es-using-murrey-math.html
- http://www.trade2win.com/boards/us-indices/29803-es-ym-day-trading.html

 

[KillPhil08]

Could someone explain what YM and ES mean ? I can't find the answer in Traderpedia or using Google.

Ym - dow mini
ES -nasdaq (i think).

 

[JGH03]

Thanks. That leads me to the following entry in Traderpedia (E-Mini - Traderpedia) which indicates YM = Dow mini contracts. However it says NQ = Nasdaq but doesn't mention ES. Any other ideas ?

 

[KillPhil08]

e-mini s&p 500

^^ thats what it is.

 

[JGH03]

Ah ! Would be helpful if Traderpedia said so !
Thanks for explaining.

 

[raysor]

I think they are dow future (ultra mini) tickers.
Google: "ym trading meaning" & "es trading meaning" and you will get explanation.

 

[JGH03]

Google didn't help but KillPhil has given me the answer. Thanks anyway.

 

[raysor]

Google didn't help but KillPhil has given me the answer. Thanks anyway.

Everything is on Google-you just have to know how to look!