Stocks & Commodities V. 34:04 (60–62): Wall Street-ese by Mark Rivest

Wall Street-ese by Mark Rivest

Every trading day were bombarded with words and phrases that confuse us rather than help. Heres a guide for cutting through the fog of Wall Street-ese.

You can become a better trader by translating the words, misconceptions, and clichs of Wall Street. If youre new to trading, youll hear or read certain words used by analysts and commentators that dont fit the normal definition of those words. Veteran and novice traders alike are routinely subject to misconceptions disguised as brilliant analysis. Most clichs are useless, but there is one that can help time the market. We all want to become better traders, and to do that, our first thoughts lean toward using a different momentum indicator, cycle indicator, trading system, or technique...