Trading Terminology?

[wagonmastergeneral]

As i'm new to this i'd like to ask you guys about appropriate name for your nifty trading moves. So far, rightly or wrongly i use.........

Scalping - lay low/back higher or vice versa little and often when price fluctuates.
Hoof - getting green just on one horse and not hedging it (ripped this off a well known paperback)
Dutch Hoof - as hoof but with 2 horses etc.
Hedge - press the magic button on TT to green out
Cheeky Hooks - lay a few/all horses in-play at 3ish and the cancel bets when near finish hoping to hook a few losers and hope the eventual winner made a late move after all lays cancelled (also ripped off well known paperback but renamed as original name is gash)

In the spirit of positivity can anyone throw anything extra into the mix? I did do a terminology search but nothing returned.

[nigelbleddfa]

As i'm new to this i'd like to ask you guys about appropriate name for your nifty trading moves. So far, rightly or wrongly i use.........

Scalping - lay low/back higher or vice versa little and often when price fluctuates.
Hoof - getting green just on one horse and not hedging it (ripped this off a well known paperback)
Dutch Hoof - as hoof but with 2 horses etc.
Hedge - press the magic button on TT to green out
Cheeky Hooks - lay a few/all horses in-play at 3ish and the cancel bets when near finish hoping to hook a few losers and hope the eventual winner made a late move after all lays cancelled (also ripped off well known paperback but renamed as original name is gash)

In the spirit of positivity can anyone throw anything extra into the mix? I did do a terminology search but nothing returned.

I think you'll find that only "scalping" and "hedging" are the terms you have mentioned which will figure often in trading on a forum like this.
The idea of trading is to try to maximise profit and I cannot see many traders I have met using either of the "hoof" methods you name above. Having gained an advantage, they would hedge to secure the profit rather than go on to gamble that advantage away if the horse (s) failed to win.
The "cheeky" hooks" bet seems to rely greatly on getting bets matched late in a race and this is always a risky business, and riskier still if you have many runners to cope with. What some people do is to lay every runner at a low price e.g. 1.5 in the hope of a close finish and the bet being matched on two or more horses thus securing an overall profit.
The only common expression I can think of is "laying the draw". Do a search on this forum and read the relevant threads. This "tactic" seems to work best when two football teams seem evenly matched.
My advice to you as you begin is to trade in only one market at a time and use low stakes until you get a feel of the market.
My golden rules are :
(i) never lay anything at more than odds of over 1.75 until you are experienced and know what you are doing ( you will see others laying at much bigger odds and making a profit but this is not for you yet ),
(ii) never let a bet go in-play i.e. do not risk your whole stake and be prepared to take smaller losses rather than risk the market turning in your favour to give you a profit.
Trading should be fun as well as profitable. You can expect to lose money as part of your learning curve, just be careful you do not lose too much in the beginning.
Best of luck !

[Cran]

Here's a few that I often use:

Guessing This is my main naps selection method
Scratching Useful for keeping losses smaller (if I remember to do it)
Chasing A popular staking plan

[bazbaz]

Here's a few that I often use:

Guessing This is my main naps selection method
Scratching Useful for keeping losses smaller (if I remember to do it)
Chasing A popular staking plan

funny shit

[nigelbleddfa]

funny shit

.... but refreshingly honest ! Well done, Cran, total lack of bullshit here

[J.S.]

Scratching is also very good for itches

[nosferatu]

Here's a few that I often use:

Guessing This is my main naps selection method
Scratching Useful for keeping losses smaller (if I remember to do it)
Chasing A popular staking plan

Nice one

Three of my faves:

Panicking A useful strategy to apply if a trade goes against you
Swearing Handy when the f**king API goes tits aloft
Badging Being economical with the truth when someone asks about your success rate

[kawasaki]

Coin Flipping - advanced trend move predicting technique, usually used by most succsesfull pro traders

[The Geek]

Connection Modes - Technobabble describing a multitude of slow ways to connect to Betfair.

Blue Peter Videos - Selective movies designed to give Joe Mug the misconception that trading is easy.

Green Screens - See Blue Peter Videos.

Market Leader - Twaddle term used on websites to make you believe you are buying the best product on the market, when in reality it's far from it.

Betting Exchange Academy - Rented room in a Hotel in Hampshire where lemmings lured with the misconception of untold riches are packed in like sardines at an extortionate price to worship a false God.

Website Testimonial(s) - Made up paragraph used to convince you to part with your money.

Blagger - Author of Blue Peter Videos, Green Screens, Website Testimonials et al.

Dumbass - Blagger(s) stupid enough to get caught out by geeks.

Feathers - Something that Blaggers spit every time they get caught out by geeks.

Shit - Something you are in with the missus when you listen to blaggers, then go & blow your entire savings.

API - Something that goes down far more often than your missus now your in the shit!

[rockaren]

eBooking - is trying to sell useless e-books when your trading is not giving you enough profits

[The Geek]

Rolls Royce - Slow, clunky, complex and expensive trading software.

Ferrari - Trading software whose speed, looks, simplicity & price leaves the Rolls Royce in the Car Park.

Evoluton - A step backwards.

Amateur Programmers - Term used by amateurs to describe developers of a superior competing product.

Professional Programmers - Term used by amateurs to big up inferior products.

[wagonmastergeneral]

Idiot - Me laying ostentation @ 5.9 yesterday just before it went to 3.6. Wiping out 3 days profits (£49)

Following nigel's advice today.

[jibiko]

wtf? - is this thread?

[Knight Rider]

possibly, maybe, could be?

[Thomson]

This is a stock market term..
Pump and Dump

Inflate the worth of a poor company--Pump--Then sell it off to some numpty--Dump--.
Nah that would never work…Would it?