Glossary

S&P 500: Standard & Poor’s basket/index of 500 US stocks, based primarily on volume. S&P 500 is widely considered representative of the overall US stock market.:

S&P 500: Standard & Poor’s basket/index of 500 US stocks, based primarily on volume. S&P 500 is widely considered representative of the overall US stock market.

safe: the imagined state of less risk.:

safe: the imagined state of less risk.

safe stake: a stake that does not provoke a reaction from algo.:

safe stake: a stake that does not provoke a reaction from algo.

savvy: intuitive, sophisticated understanding.:

savvy: intuitive, sophisticated understanding.

scalping: an ugly term for minuting. The term emerged in the early 20th century, arising alongside the rise of market makers and floor traders who profited from tiny price differentials. Scalping originally described the practice of buying at the bid and selling at the ask, capturing the spread. This was common among specialists on exchange floors who maintained liquidity and profited from rapid, small-margin trades. Historically, scalping had a dual meaning: referring both to legitimate rapid trading, but also used to describe fraudulent manipulation, such as artificially inflating prices before dumping positions; hence the horrid allusion to savagery. The term lost its unsavory connotation from the 1980s, with rise of electronic trading and retail brokerage platforms. Over time, the legitimate usage became dominant in professional trading circles.:

scalping: an ugly term for minuting. The term emerged in the early 20th century, arising alongside the rise of market makers and floor traders who profited from tiny price differentials. Scalping originally described the practice of buying at the bid and selling at the ask, capturing the spread. This was common among specialists on exchange floors who maintained liquidity and profited from rapid, small-margin trades. Historically, scalping had a dual meaning: referring both to legitimate rapid trading, but also used to describe fraudulent manipulation, such as artificially inflating prices before dumping positions; hence the horrid allusion to savagery. The term lost its unsavory connotation from the 1980s, with rise of electronic trading and retail brokerage platforms. Over time, the legitimate usage became dominant in professional trading circles.

Scanner: the TradeStation application for scanning stocks based on certain criteria.:

Scanner: the TradeStation application for scanning stocks based on certain criteria.

scheme (noun): a plan for meeting a goal.:

scheme (noun): a plan for meeting a goal.

selfsame: identical.:

selfsame: identical.

sell order: an order to sell a stock short (short sell). Contrast buy order.:

sell order: an order to sell a stock short (short sell). Contrast buy order.

sensation: uptake from the senses. Compare perception.:

sensation: uptake from the senses. Compare perception.

serious: marked by careful consideration.:

serious: marked by careful consideration.

sham: counterfeit; an imitation posing as genuine.:

sham: counterfeit; an imitation posing as genuine.

share (noun; finance): a unit of ownership claim on a corporation.:

share (noun; finance): a unit of ownership claim on a corporation.

shelf: a structural price‑level formation; a microstructure geometry created by overlapping bars, stable highs/lows, and consistent directional bias. A shelf represents temporary order‑flow equilibrium from which the next state emerges: continuation, ranging, or reversal.:

shelf: a structural price‑level formation; a microstructure geometry created by overlapping bars, stable highs/lows, and consistent directional bias. A shelf represents temporary order‑flow equilibrium from which the next state emerges: continuation, ranging, or reversal.

short sell: temporarily borrowing shares of a stock in the hope the price dropping. In a profitable short sell, you borrow shares at a high price and return those shares at a lower price, reaping profit from the price difference from their borrow to their replacement. Contrast long buy.:

short sell: temporarily borrowing shares of a stock in the hope the price dropping. In a profitable short sell, you borrow shares at a high price and return those shares at a lower price, reaping profit from the price difference from their borrow to their replacement. Contrast long buy.

ShowMe: the TradeStation term for an overlay.:

ShowMe: the TradeStation term for an overlay.

signify: to serve as a sign; express.:

signify: to serve as a sign; express.

Simulator (capitalized): the TradeStation stock market simulator.:

Simulator (capitalized): the TradeStation stock market simulator.

SIP (Securities Information Processor): the central data processing system that consolidates and publishes stock trade top-of-book quotes and prints.:

SIP (Securities Information Processor): the central data processing system that consolidates and publishes stock trade top-of-book quotes and prints.

skill: the ability to be competent.:

skill: the ability to be competent.

skitter: to quickly skip, bounce, or glide.:

skitter: to quickly skip, bounce, or glide.

sloth: a stock with such low volume that it takes 12 seconds or more for a bar to form on a 6 tick chart. Contrast ballistic.:

sloth: a stock with such low volume that it takes 12 seconds or more for a bar to form on a 6 tick chart. Contrast ballistic.

sludge: slow, sticky, low‑energy tape. :

sludge: slow, sticky, low‑energy tape.

small-cap: small capitalization.:

small-cap: small capitalization.

Snare: the tactic of entering at a support or resistance level.:

Snare: the tactic of entering at a support or resistance level.

solo: on your own; by yourself.:

solo: on your own; by yourself.

sorely: greatly; grievously; extremely; painfully.:

sorely: greatly; grievously; extremely; painfully.

speed: rate of motion.:

speed: rate of motion.

spirituality: mental health; the inner strength to truly enjoy living, completely stress-free and with maximal acumen.:

spirituality: mental health; the inner strength to truly enjoy living, completely stress-free and with maximal acumen.

spoof (verb): to make a large order with no intention of filling it, purely to create a false impression. Compare layer.:

spoof (verb): to make a large order with no intention of filling it, purely to create a false impression. Compare layer.

spread (noun): the difference between what the highest price a buyer is willing to pay versus the lowest price a seller is willing to accept.:

spread (noun): the difference between what the highest price a buyer is willing to pay versus the lowest price a seller is willing to accept.

SPY: SPDR S&P 500 ETF. SPY is heavy in tech, healthcare, and financials. Compare IWM.:

SPY: SPDR S&P 500 ETF. SPY is heavy in tech, healthcare, and financials. Compare IWM.

squeeze: a volatility‑compression state that precedes a range expansion.:

squeeze: a volatility‑compression state that precedes a range expansion.

SST: Superior Stock Trading.:

SST: Superior Stock Trading.

stake: trade size; money invested.:

stake: trade size; money invested.

stand pat: hold steady; refuse to change position. Standing pat is a deliberate stance of non-movement.:

stand pat: hold steady; refuse to change position. Standing pat is a deliberate stance of non-movement.

state machine: a model of a system with a defined set of states that moves between states based on conditions.:

state machine: a model of a system with a defined set of states that moves between states based on conditions.

stellar: outstanding; very good.:

stellar: outstanding; very good.

step (in a trend): the atomic unit of trend movement; sequentially (numerically), the number of times minus one that a trend has had a pause or pullback since the trend began. The 1st step of a trend is from its reversal. The 2nd step of a trend is after its 1st consolidation/pullback. And so on.:

step (in a trend): the atomic unit of trend movement; sequentially (numerically), the number of times minus one that a trend has had a pause or pullback since the trend began. The 1st step of a trend is from its reversal. The 2nd step of a trend is after its 1st consolidation/pullback. And so on.

sticky (tape): choppy, even when drifting or trending.:

sticky (tape): choppy, even when drifting or trending.

stock exchange: a marketplace for trading stock. While the concept dates to exchanging financial paper in 17th-century Amsterdam, the major US stock exchanges (e.g., NYSE, NASDAQ) now are completely computerized.:

stock exchange: a marketplace for trading stock. While the concept dates to exchanging financial paper in 17th-century Amsterdam, the major US stock exchanges (e.g., NYSE, NASDAQ) now are completely computerized.

stock in play (SIP, aka prey): a minute investable stock. Contrast offal.:

stock in play (SIP, aka prey): a minute investable stock. Contrast offal.

stock market: a financial marketplace for buyers and sellers of shares of publicly listed companies. The stock market operates through a network of exchanges that match people who want to buy shares with people who want to sell them.:

stock market: a financial marketplace for buyers and sellers of shares of publicly listed companies. The stock market operates through a network of exchanges that match people who want to buy shares with people who want to sell them.

stock: one or more shares in a company. Companies which offer shares to trade on the stock market are termed public. Public companies are always corporations. There are 2 typical types of stock: common and preferred. Common stock is the most basic form of ownership in a corporation. When you own common stock, you are essentially a partial owner of the company. The stock market largely trades shares of common stock. Preferred stock is also traded, albeit at much less liquidity.:

stock: one or more shares in a company. Companies which offer shares to trade on the stock market are termed public. Public companies are always corporations. There are 2 typical types of stock: common and preferred. Common stock is the most basic form of ownership in a corporation. When you own common stock, you are essentially a partial owner of the company. The stock market largely trades shares of common stock. Preferred stock is also traded, albeit at much less liquidity.

Stop: an OSO loss-staunching order.:

Stop: an OSO loss-staunching order.

stop hunting: an agent ranging a stock’s price to garner additional exits from market orders, typically to increase liquidity, resulting in higher volatility; institutional investor(s) forcing a pullback to plunder or cover a large trade with liquidity.:

stop hunting: an agent ranging a stock’s price to garner additional exits from market orders, typically to increase liquidity, resulting in higher volatility; institutional investor(s) forcing a pullback to plunder or cover a large trade with liquidity.

strategy: (for trading) a rule‑based algorithm that automatically places orders; (generally) a plan, method, or series of actions designed to achieve a specific goal.:

strategy: (for trading) a rule‑based algorithm that automatically places orders; (generally) a plan, method, or series of actions designed to achieve a specific goal.

stress: (mental) suffering.:

stress: (mental) suffering.

study (noun): the TradeStation term for an indicator.:

study (noun): the TradeStation term for an indicator.

suffer: to experience pain or distress.:

suffer: to experience pain or distress.

suffering: mental illness; the condition of believing nattermind. Contrast enlightenment.:

suffering: mental illness; the condition of believing nattermind. Contrast enlightenment.

sunk cost: money spent that is no longer relevant to decision-making. Betting on a stock is a sunk cost. :

sunk cost: money spent that is no longer relevant to decision-making. Betting on a stock is a sunk cost.

superhuman: too fast to respond to; beyond human response capability.:

superhuman: too fast to respond to; beyond human response capability.

Superior Stock Trading (SST): the enterprise teaching minuting using the Dragonfly Regime.:

Superior Stock Trading (SST): the enterprise teaching minuting using the Dragonfly Regime.

support level: a price level where a stock tends to stop falling. Compare resistance level.:

support level: a price level where a stock tends to stop falling. Compare resistance level.

surcharge: an extra charge on top of commissions or fees, usually triggered by special circumstances.:

surcharge: an extra charge on top of commissions or fees, usually triggered by special circumstances.

sure-fire: foolproof; certain to be successful.:

sure-fire: foolproof; certain to be successful.

suss: to inspect or investigate so as to gain more knowledge.:

suss: to inspect or investigate so as to gain more knowledge.

sustain: to keep going.:

sustain: to keep going.

sweep: an active order that walks the book, consuming multiple price levels in a vector before the order book can refill; a liquidity‑taking order that crosses the spread and keeps executing upward or downward through consecutive price levels until fully filled. :

sweep: an active order that walks the book, consuming multiple price levels in a vector before the order book can refill; a liquidity‑taking order that crosses the spread and keeps executing upward or downward through consecutive price levels until fully filled.

swing point entry (aka reversal point entry): entering based upon a supposed trend reversal point.:

swing point entry (aka reversal point entry): entering based upon a supposed trend reversal point.

swing point: a support (floor) or resistance (ceiling) price level.:

swing point: a support (floor) or resistance (ceiling) price level.

swing trade: keeping an open position overnight. Compare day trade.:

swing trade: keeping an open position overnight. Compare day trade.