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Trading Commodities, Commodity Options and Currencies (Collection) by Carley Garner, Paul Brittain

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Chapter 14. Futures Slang and Terminology

To outsiders, it might seem like the futures industry has created its own language. Many of the terms used by brokers and traders take a new meaning from their origin, and becoming familiar with the slang can prevent costly miscommunications. Some of the terminology covered in this chapter has been brushed on 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 recent years, we have seen record-breaking cases of each. Although you are most likely aware of the concept of bull and bear ...

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