Monday, May 5, 2014

ABBREVIATIONS

ABBREVIATIONS : I use lots of acronyms, helps to keep my typing compact and it is faster and easier for me to review later, have had some questions about what they each mean. So decided to do this post and keep a running list for everyone's reference (including me):

BtC : Buy (or Bought) to Cover
FRED : First Red Day (thank you Slee for that one)
SMIKE : Small Spike
WFAGD : Waiting for a green day
S&E : Safe and Easy (means I took my profits, probably early but like it says..)
BNC : Looking to short a bounce from a dump, bounce caused by dip buyers
SPR : Spread Trade: Shorting on(ish) the ASK to cover on(ish) the BID 
BAP : Shorting Bad Pumpers

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