Glossary

Words from this handbook

• Asymmetric trade — A trade where the possible win is much bigger than the possible loss.
• ATR — Average true range, a number for how much price usually moves in one bar.
• Breakeven — Moving your stop to your entry price, so the trade can no longer turn into a loss unless price jumps past it.
• Candle — One bar on a price chart, showing where price opened, closed, and went high and low in that time.
• Chasing — Getting into a trade late, after most of the move already happened.
• Demand zone — A price area below the POC where a lot of buying happened before.
• Expectancy — The average result per trade: what you win on average times how often you win, minus what you lose on average times how often you lose.
• CVD / delta — Delta is buying volume minus selling volume in one bar. CVD (cumulative volume delta) adds those up over time.
• Flow Pro — Our indicator that shows if real buying or selling is behind a move.
• Gap — When price opens far from where it closed, skipping the prices in between. A gap can jump past your stop.
• Journal — Notes you keep on each trade, to learn from them later.
• Level — A price where the market may react, found with Volume Profile.
• Long — A trade that makes money if price goes up.
• Micro contract — A small futures contract, used to trade futures with less money at risk.
• Naked POC — An old POC that price has not come back to yet.
• Nex — Our AI helper. It answers from the handbook and can be wrong.
• Pass — Choosing not to take a trade. It is a real choice, not a failure.
• POC — Point of control, the single price where the most trading happened.
• QPulse — Our timing indicator. Its zero-line cross is the STS entry signal.
• R — R means the amount you risked on one trade. +2R means you made twice what you risked.
• R-multiple — A result shown in R, like +2R or −1R.
• Regime — The type of market right now, like calm and sideways or fast and trending.
• Reward to risk — How far the target is compared to the stop. STS needs at least 3 to 1.
• Scale out — Selling part of a trade at each target instead of all at once.
• Slippage — The difference between the price you wanted and the price you actually got.
• Setup — A pattern you know and have rules for, like the five STS setups.
• Short — A trade that makes money if price goes down.
• Stop loss (SL) — The price where you get out if the trade is wrong. "SL" in a post means stop loss.
• STS — The Sage Trading System, the step-by-step way Sage picks day trades.
• Supply zone — A price area above the POC where a lot of selling happened before.
• Ticker — The short code for a stock, like the letters you type to look it up.
• Swing Desk — Pro's page on nexural.io where Sage's own trades are posted.
• Timeframe — How much time each candle covers, like 3 minutes or 15 minutes.
• Trade log — Sage's real trades from his own account, wins and losses.
• Proof page — Our page that scores posted trade ideas against real prices. Nobody traded them.
• Value area — The price zone where about 70% of the trading happened. VAH is its top and VAL is its bottom.
• VWAP — Volume-weighted average price: the average price of the day, giving more weight to prices where more shares traded.
• Volume Profile — Our indicator that shows how much trading happened at each price.
• Waitlist — A free list for people who want a paid plan when it opens.
• Zero line — The middle line on QPulse. Crossing it means momentum changed sides.

More plain words from nexural.io

Day trade

A trade that is opened and closed on the same day, so nothing is held overnight.

Swing trade

A trade held for a few days to a few weeks, to catch one bigger move.

Long-term investing

Buying something to hold for months or years, not days.

Entry

The price where a trade is started.

Stop

The price where you get out if the trade goes against you. It caps how much you can lose on that trade, as long as the price doesn't jump past it.

Target

The price where you plan to take your profit.

Exit

The price where a trade is closed, whether it hit the stop, the target, or something in between.

Win rate

The share of closed trades that made money. A 40% win rate means 4 out of 10 trades were winners.

Average win vs. average loss

How much the typical winning trade made compared with how much the typical losing trade lost. You can win less than half the time and still come out ahead if your wins are bigger than your losses.

Average win

What the typical winning trade made: all the money made on winning trades, divided by the number of winning trades.

Average loss

What the typical losing trade lost: all the money lost on losing trades, divided by the number of losing trades.

Profit per trade

The average result of every closed trade, wins and losses together. If it is above zero, the trades made money on average.

Closing trade

The sale that ends a trade. Its result is locked in the moment it closes.

Realized P&L

Profit or loss that is locked in because the trade was closed. Trades that are still open are not counted.

Losing streak

Losing trades in a row, one after another, with no win in between.

Drawdown

How far an account falls from its highest point before it recovers. It shows how rough the bad stretches get.

Stocks

Small pieces of ownership in a company that you can buy and sell.

Futures

Contracts that rise and fall with a market, like the S&P 500 or oil. A small move in price can mean a big gain or loss, so they carry extra risk.

Leveraged ETF

A fund that tries to move two or three times as much as the market it follows in a single day. Gains and losses both get bigger.

Options

Contracts that give the right, but not the duty, to buy or sell a stock at a set price before a set date. They can lose all their value quickly.

Big-money options bets

Very large options trades placed by big players. We watch them as a clue to where large money is leaning, not as trades to copy.

Paper trading

Trading with pretend money at real market prices, to test an idea without risking real money.

Trading bot

A program that follows fixed rules and places trades on its own. Ours only trade on paper today.

Hypothetical result

What a trade idea would have made or lost at real market prices, even though no real order was placed.

Alert

A message that tells you a trade was just taken or something needs your attention.

Premarket

The hours before the US stock market opens at 9:30 AM Eastern, when trading is thinner.

Broker

The company that holds your trading account and places your orders. Nexural is not a broker.

Position size

How much money you put into one trade. Smaller size means a smaller loss if the stop is hit.