Words we use

New to trading? These are the words you will meet most. Each one is explained in plain words.

Trading words

Market — something people buy and sell, like a company's shares.
Symbol — the short name of a market. For example, NASDAQ:AAPL is Apple shares.
Chart — a picture of how a price moved over time.
Bar or candle — one slice of time on a chart. It shows the first and last price, and the highest and lowest.
Timeframe — how much time each bar covers. 15m is 15 minutes. 1H is one hour. 1D is one day.
Asset class — a family of markets, like stocks, FX (currencies) or metals.
Indicator — a line or shape drawn from the price. It helps you read a chart.

Outlook — a short study of one market on one timeframe, written by SENSEI.
Bias — the direction SENSEI expects. Bullish means up. Bearish means down.
Entry — the price where the idea starts. A range of prices is an entry zone.
Stop or invalidation — the price where the idea is proven wrong. Traders often leave a trade there to limit a loss.
Target (TP1, TP2, TP3) — prices the idea aims for, from nearest to furthest. TP stands for "take profit".
R — a way to compare a result with the risk. +1R means the gain was as big as the possible loss. +2R means twice as big.
R:R — the possible gain compared with the possible loss.
Confidence — how sure SENSEI is, from 0 to 100%. It is not a promise.
Two-way — an Outlook with two ideas, one up and one down.
Scenario — one of the two ideas in a two-way Outlook.
Trigger — the price that starts a scenario.
Valid until — the date after which an Outlook is no longer current.
Outcome or result — how an Outlook turned out.
Filled — the price reached the entry, so the idea started. Not filled means it never started.
Hit rate — the share of finished Outlooks that reached a target.

Plan — what you pay for, and what it opens for you.
Free trial — a short time to try a plan before you pay.
Business days — Monday to Friday. Weekends don't count.
Monthly — you pay every month and can stop any time.
Annual — you pay for a whole year, at once or month by month.
12-month commitment — a promise to stay 12 months. It comes with a yearly plan paid month by month.
Early exit — leaving a 12-month commitment before it ends. You pay a small difference.
Promo code — a code that gives you a discount.
Invoice — the official bill for a payment.
Stripe — our payment partner. It handles card payments safely.

Crypto — digital money that moves on a network instead of through a bank.
USDT — a crypto coin that is meant to stay worth about one US dollar.
Network — the system a crypto payment moves on. We receive USDT on two networks: TRON and BNB Smart Chain.
TRON or TRC-20 — one of the two networks we receive USDT on. Its network fee is paid in TRX.
BNB Smart Chain, BEP-20 or BSC — the other network we receive USDT on. Its network fee is paid in BNB.
Wallet — an app or device that holds your crypto and sends it.
Address — the code you send crypto to. Like a bank account number.
Confirmation — a check by the network that your payment went through.
Network fee — a small fee your wallet pays to send crypto.

Account — your sign-in for all of ClawBack.
Organisation — the group your account belongs to. For most people, it is just you: Personal org.
Tile — a box on your GENKAN home page with a button.
Session — a device where you are signed in.
Alert — a message from TAIKO about a new Outlook.
Pop-up — a small box that appears in the corner of the page.
Verify — prove that an email address is yours, with a code.