Street-to-Wall Glossary
The Trap Ledger translates the language of the streets into Wall Street terms. 40 terms and counting.
Bag
Portfolio / Holdings
"My bag is heavy in tech right now" = My portfolio is concentrated in technology stocks.
Bag Holder
Investor holding a losing position
"Don't be a bag holder" = Don't hold a losing stock hoping it recovers.
Bands
Thousands of dollars
"Made 50 bands today" = Made $50,000 in profit today.
Bear Trap
False breakdown signal
"That was a bear trap" = The stock faked a breakdown then reversed up sharply.
Brick
$1,000
"Put a brick on AAPL" = Invested $1,000 in Apple stock.
Bussin'
Performing exceptionally well
"NVDA is bussin'" = NVIDIA stock is performing extremely well.
Cap / No Cap
Lie / Truth (not lying)
"This stock is going to $200, no cap" = This stock is going to $200, I'm being serious.
Catch a Fade
Take a loss / Short a stock
"TSLA about to catch a fade" = Tesla stock is about to decline significantly.
Chopper
High-frequency trading algorithm
"The choppers are running" = HFT algorithms are dominating the order flow.
Clapped
Suffered a major loss
"Got clapped on that earnings play" = Lost significant money on the earnings trade.
Cook
Execute a successful trading strategy
"Let me cook" = Let me execute my trading thesis without interruption.
Dead Cat Bounce
Brief recovery in a declining stock
"That's a dead cat bounce, don't fall for it" = Temporary uptick in a stock that's still heading down.
Diamond Hands
Conviction to hold through volatility
"Diamond hands on this position" = Holding my position regardless of price swings.
Drip
Dividend Reinvestment Plan (DRIP)
"Set the drip on all my holdings" = Enabled automatic dividend reinvestment.
Exit Scam
Management dumping shares / Rug pull
"CEO just did an exit scam" = The CEO sold all their shares before bad news dropped.
Flip
Quick trade for profit
"Flipped AMZN calls for 200%" = Bought and quickly sold Amazon call options for a 200% gain.
FUD
Fear, Uncertainty, and Doubt
"Ignore the FUD" = Don't let negative sentiment scare you out of your position.
Gas
Momentum / Bullish catalyst
"This stock got gas" = This stock has strong momentum and catalysts driving it higher.
Ghost
Low volume / No liquidity
"This ticker is ghost" = There's very little trading volume or liquidity.
Grip
Large position size
"I got a grip of SPY puts" = I have a large position in SPY put options.
Hood Rich
Paper gains / Unrealized profits
"Hood rich until you sell" = Those gains aren't real until you close the position.
Ice
Fixed income / Bonds
"Parking some in the ice" = Allocating funds to bonds for safety.
Juice
Premium / Implied volatility
"The juice is crazy on these options" = The option premiums are very expensive due to high implied volatility.
Lick
Profitable trade / Quick gain
"Hit a lick on that dip" = Made a profitable trade buying the dip.
Load Up
Accumulate a position
"Loading up at these levels" = Buying more shares at the current price.
Mid
Average / Mediocre performance
"Earnings were mid" = The earnings report was mediocre, nothing impressive.
Moon
Parabolic price increase
"This thing is going to the moon" = I expect an extreme price increase.
Ops
Options contracts
"Running ops on TSLA" = Trading Tesla options contracts.
Paper Hands
Selling too early out of fear
"Paper hands sold at the bottom" = Panic-sold at the lowest price.
Plug
Broker / Dealer / Information source
"My plug put me on to this play" = My broker/source told me about this opportunity.
Pump and Dump
Artificial price inflation then sell-off
"Classic pump and dump" = The stock was artificially hyped then insiders sold.
Rack
$1,000 (same as brick)
"Threw a rack at it" = Invested $1,000.
Rip
Sharp upward move
"SPY ripped at open" = The S&P 500 moved sharply higher at market open.
Run It Up
Increase position size / Let profits run
"Run it up, don't sell" = Keep holding and add to winners.
Send It
Execute the trade decisively
"The setup is there, send it" = The technical setup is confirmed, execute the trade.
Slide
Gradual decline in price
"AAPL been sliding all week" = Apple has been gradually declining in price all week.
Stacks
Capital / Cash reserves
"Sitting on stacks waiting for the dip" = Holding cash reserves waiting for a buying opportunity.
Strap Up
Hedge your position
"Market looks shaky, strap up" = The market is uncertain, put hedges on your portfolio.
Trap
Bull trap or bear trap / Reversal setup
"That breakout was a trap" = The breakout was false and price reversed.
Whale
Large institutional investor
"A whale just moved the market" = A large institution made a trade big enough to move the price.