Glossary
M
MACD (Moving Average Convergence/Divergence): an oscillator indicator built from a blend of price moving averages.
macrostructure: the large‑scale architecture of price behavior; the trend cycles, regime transitions, and major expansions and corrections that define a stock’s directional context; the high‑level geometry of how a stock trends, distributes, reverses, and re‑accumulates over extended intervals.
market executable limit order (aka melo): a limit order that executes immediately. A buy limit order placed above current price becomes marketable. Conversely, a sell limit order placed below the current price becomes market executable.
market maker: a party that fulfills a stock order. Market makers include a retail broker (such as TradeStation), a stock exchange (e.g., NYSE or NASDAQ), or a clearinghouse firm. A market maker continuously posts both buy and sell prices for a stock, standing ready to trade so that other participants can transact instantly. They keep markets liquid by always being willing to take the other side of an order, and they earn money from the bid–ask spread.
market order: an instruction to trade a stock immediately at the current price. Contrast limit order. See marketable limit order.
Matrix: the TradeStation Desktop application that dynamically shows a selected stock’s price. You place a buy order by selecting a price in the blue Bid Size column or sell short by selecting a price in the red Ask Size column. The Matrix has an associated Trade Bar for setting trade parameters, including target and stop. See Trade Bar.
maxim: a brief, concise statement of a general or basic truth or rule.
melo (aka market executable limit order): a limit order that executes immediately. A buy limit order placed above current price becomes marketable. Conversely, a sell limit order placed below the current price becomes market executable.
mentation: mental activity.
mesostructure: the intermediate-scale structure of price behavior; the swing‑level geometry formed by trnds, pivots, and continuation attempts; the structural narrative of how a price move develops, extends, pauses, or fails. Mesostructure is in between microstructure impulses and macrostructure cycles: the trend progression that reveals intent, strength, and continuity.
Michael Burry (1971–): American investor and hedge fund manager, best known for being among the first investors to predict and profit from the 2007 subprime mortgage crisis.
microsecond: 1 millionth of a second.
microstructure: the behavior of the tape at the smallest actionable scale; the real‑time behavior of price, volume, and tick flow at the smallest human-observable scale; the minute geometry of how the tape moves, pauses, absorbs, and transitions.
middling: of moderate or middle magnitude, rank, or size.
millisecond: 1 thousandth of a second.
mind: the noun form of mentation. Minds don't exist.
minute: trading a stock briefly, typically for a minute or less, and for modest profit.
minuteable: a stock with minuting potential: an ambient with good opportunity density. Contrast offal.
minuteer: someone minuting.
misreading: to read or interpret wrongly.
missile: a projectile with low volatility. Compare rocket.
mojo: momentum.
money: a medium of exchange, often, though not necessarily, symbolic; a fungible applicable to purchasing goods and services. Compare currency.
money flow: the directional commitment of capital into or out of a stock.
moor: secured to an anchor.
mount (a rocket): invest in a high-volume, fast-moving volatile stock.
move the market: an order that changes price, pace, or liquidity.
mud: liquidity that absorbs movement without follow‑through.
mush: a stock or the stock market randomly going mostly sideways with little vitality.
mushroom (verb): grow quickly.
mutual fund: a professionally managed investment fund that pools money from many investors to buy stocks. Mutual funds have been around for centuries.
mystical: obscure or groundless belief.