Betfair/Betdaq trading glossary beginning with S

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S

Scale-Out: Technique when you exit your position with more than a sinlge bet.
Scalper: Person, trying to profit from small price movements in the market without knowing the commodity.
Scalping: Type of trading using short term moves in prices.
Scratch: Closing a trade at the same price as you opened it, or with a small loss.
Short-term trading: Type of trading where you aim to close your trades quickly.
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Spoof: Money offered that is not intened to be matched, in an attempt to influence the market direction.
Stake: The amount of money used for a bet.
Steam: Term for a strong downtrend.
Stop Loss: Automated bet placed by the software when a position moves against you.
Support: A chart point or range that caps a decrease in the level of a price over a period of time. An area of support or support level indicates that the price is finding it difficult to break through.
Sure Bet: Betting on something in a way that you can not lose. Example: if we can match a bet on each player in a single tennis match at a price of 2.5, we have a guarenteed win.
Suspend / Suspended: A time, either temporary or permanent, where bets can not be placed on the market.
Swing: Trading technique to describe the intention to profit from large / longer term price movements.