Chapter 14. Futures Slang and Terminology

Outsiders might think that the futures industry has created its own language. Many of the terms brokers and traders use take a new meaning from their origin, and becoming familiar with the slang can prevent costly miscommunications. After all, even self-directed online traders will need to communicate with their brokerage firm from time to time regarding their account. Some of the terminology covered in this chapter has been covered already, but when it comes to building a foundation of trading knowledge, it is important to seal any cracks. I believe that these are worth a second look.

Bull Versus Bear

The terms bull market and bear market certainly aren’t isolated to the world of commodities, and in ...

Get Learn How to Trade Commodities (Collection) now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.