Financial Instruments to Trade – Day Trading Lingo of the Day

day trading lingo

What does the world of music and the world of day trading have in common (besides relentless practice and repetition needed to succeed in both)?

Instruments!

We all know what musical instruments are all about. So what in the world are instruments in the trading circles?

It’s what you trade!

There are tons of different things you can trade, and they are called instruments.

For example, my instrument is the ES Mini Futures (which is the S&P 500 index).

Here are a few others:

FX currencies – this arena alone has several dozens instruments such as the US dollar, Euro, Japan Yen, etc…

Indices – Russell 2000, Dow, S&P 500, NASDAQ, etc…

Commodities: Crude, Precious Medals, wheat, soy, sugar, etc…

All these are instruments that can be traded individually. Just like in music you have different instruments to play on.

Happy Trading,

About Marina Kuperman Villatoro

Marina Kuperman Villatoro CEO of The Trader Chick and has been day trading for years. Day trading isn't only a job. It's a lifestyle. It's a way of life and a transformational journey. All you need is a trading plan, the right mindset, your laptop and the desire to work 2-3 hours a day so you can have the time to spend with your family, travel, have fun with your hobbies or simply indulge in the finer things in life (quilt free). My main goal is to show how life transforming day trading is, even spiritual and to remove the stigma and fear that is wrapped around it. I recommend by starting your journey with my FREE mini course - Simplifying Day Trading where I take you from Ground Zero to having confidence in understanding the markets.
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