When you're new to trading, the jargon can feel like a major roadblock. Terms like "ATM," "IV," and "LEAPS" might make you feel like you're missing out on an exclusive club where everyone else knows the secret language. But before you let trading lingo intimidate you into staying on the sidelines, here are four reasons why you shouldn’t let it hold you back.
1. Everyone Starts Confused—Even the Pros
When I first dove into the world of trading, I was completely overwhelmed by the jargon. It felt like everyone else had a secret handbook, and I was just trying to keep up.
But guess what? Even the most successful traders were once in the same boat. They didn’t understand the lingo at first either. Trading is a skill, and like any skill, it takes time to learn the language. The important thing is to start, even if you don’t feel fluent yet.
2. The Market Isn’t Rigged Against You
It’s easy to feel like the market is stacked against you, especially when you don’t understand the terminology. But the truth is, the market doesn’t care if you’re a beginner or an expert. It’s a level playing field. The only difference between those who succeed and those who don’t is persistence. The jargon is just one small part of the learning curve. Don’t let it convince you that you’re not cut out for trading.
3. Resources Are Everywhere (GKT's Discord!)
At Good Kids Trading, we recognized how daunting trading jargon can be, so we updated our Discord with resources to help decode the terms. Whether it's a glossary of key phrases or a breakdown of complex strategies, these tools are designed to make trading more accessible. The internet is also full of educational materials, from videos to forums, that can help you understand the language of the market. With the right resources, the lingo will start to make sense in no time.
4. It All Becomes Natural Over Time
The best part about trading lingo is that, over time, it becomes second nature. Words and phrases that once seemed like a foreign language will eventually become part of your everyday vocabulary. The more you engage with the market, the more comfortable you'll become. Before long, you’ll find yourself using terms like "ITM" and "OTM" without even thinking about it. The key is to keep going, even when it feels overwhelming.
Don’t let trading jargon hold you back. Everyone starts confused, but with persistence, resources, and time, it all starts to make sense. Remember, the market isn’t rigged against you—it just takes a little time to learn the rules. Dive in, use the resources available, and soon enough, you’ll be speaking the language of the market fluently.
Join the Inner Circle
If you want more insight from someone who’s been an investor for almost 30 years and a trader for over 20, sign up for Mr. Money Maxwell’s Inner Circle. For the next two weeks, the price is reduced during the soft launch. But hurry—prices go up in September!
Join our Good Kids Trading Discord community for real-time market updates, and be sure to subscribe to our email list if you haven't yet—I'll see you on the blog next week and much sooner in Discord!
Happy trading, good kids!
-$Maxwell
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