FINANCIAL INTERNET CULTURE / RETAIL TRADING
Yeet Yeeterson's Trader Dictionary: Volume 1
An Unnecessarily Offensive Guide to Trading Terminology
Wall Street has spent decades developing a sophisticated financial vocabulary. Retail traders took one look at it and decided to start screaming YEET at their monitors.
Welcome to Yeet Yeeterson's Trader Dictionary, an unnecessarily offensive guide to the words, phrases, and questionable decisions that define modern trading culture.
These definitions may not make you a better trader. They will, however, help explain why your group chat is full of rocket emojis and your account balance looks like a crime scene.
YEET
YEETERSON'S DEFINITION
What I shout when I enter 20 NQ minis on a 50K funded account.
REAL DEFINITION
An exclamation expressing excitement, enthusiasm, or reckless action. In trading communities, it often describes entering a position with excessive confidence or risk.
ICT
YEETERSON'S DEFINITION
Stands for I Can't Trade. It's a cult that turns simple technical analysis into overcomplicated gibberish. If someone has ICT concepts in their bio, they're probably a virgin.
REAL DEFINITION
Inner Circle Trader, a trading education brand and methodology associated with Michael Huddleston, featuring concepts such as liquidity, market structure, and fair value gaps.
VWAP
YEETERSON'S DEFINITION
So technically this isn't trading slang and is just an indicator, but for some reason, all of the strippers I try to save by teaching them to trade keep thinking it stands for Very Wet Ass Pussy. They be all, 'Awwww I didn't know Cardi B traded, she's my favorite.'
REAL DEFINITION
Volume-Weighted Average Price. A trading benchmark representing the average price of a security over a period, weighted by trading volume.
DIAMOND HANDS
YEETERSON'S DEFINITION
Holding a loser and praying to the Lord that he somehow saves your position and I hate to break it to you brother, but not even God himself has enough buying power to save that out of the money 0DTE at 3:30pm.
REAL DEFINITION
Internet slang for holding an investment through significant volatility or losses rather than selling.
PAPER HANDS
YEETERSON'S DEFINITION
AKA pussies. It's the moon or bust. I'm here for generational wealth fam.
REAL DEFINITION
Internet slang for selling an investment quickly, often because of fear, uncertainty, or relatively small price fluctuations.
REVENGE TRADING
YEETERSON'S DEFINITION
Hopping on the charts after a massive fight with your girlfriend where she told you that you were a loser that would amount to nothing and now you're gonna show her how wrong she is.
REAL DEFINITION
Making emotionally driven trades in an attempt to recover losses or prove something, often resulting in impulsive decisions and increased risk.
LIQUIDITY GRAB
YEETERSON'S DEFINITION
When the market makers hunt your stops on your position of 2 micros on a sim funded account.
REAL DEFINITION
A price move into an area where orders and liquidity are concentrated, sometimes followed by a reversal. Such moves do not inherently prove intentional stop hunting.
FVG
YEETERSON'S DEFINITION
Something something gap, idk. Chris Joslin probably tre-flipped it though.
REAL DEFINITION
Fair Value Gap. In certain price-action trading methodologies, a three-candle price imbalance where the first and third candles' ranges do not overlap, leaving an area traders may monitor for a future revisit.
0DTE
YEETERSON'S DEFINITION
Financial instrument for people who find regular gambling too boring.
REAL DEFINITION
Zero Days to Expiration. Options contracts that expire on the same trading day, exposing traders to substantial time sensitivity and potentially rapid changes in value.
SEND IT
YEETERSON'S DEFINITION
Risk management has left the chat. Cousins with YEET.
REAL DEFINITION
An expression meaning to commit decisively to an action, often with little hesitation. In trading slang, it may refer to aggressively entering a position.
BAGHOLDER
YEETERSON'S DEFINITION
A long-term investor, but not necessarily by choice.
REAL DEFINITION
An investor who continues holding an asset after its value has fallen significantly, often while hoping for a recovery.