Term

position

Shares or goods bought or sold by a player, which he holds in the expectation that the price will move.

Reminiscences of a Stock Operator, Edwin Lefèvre

Explained in

• Reminiscences of a Stock Operator, Edwin Lefèvre
• The New Market Wizards: Conversations with America’s Top Traders, Jack Schwager

  A market bet: bought or sold stocks, currencies, or contracts held in anticipation of a price change.

• Market Wizards, Jack Schwager

  Everything a trader holds in a market at a given moment: the quantity of securities, contracts, or currency bought or sold as a market bet.

All terms