The weighted average price paid per share across all purchases. Used to calculate unrealized gains and determine sell thresholds.
Buy-and-hold (B&H)
The stock is an investment. No trading, no timing. You’re betting the stock appreciates over time.
Dip accumulator
A strategy that buys an asset when its price drops by a set percentage from the previous close, accumulating shares at lower prices over time.
Dry powder
Cash reserves held back from investment, available to deploy when prices drop further.
Exchange-Traded Fund (ETF)
Stocks bundled into a basket which you can buy and sell like a single stock. QQQ tracks the Nasdaq 100 (i.e., top 100 tech companies).
Leverage
Risks and rewards are amplified. On a 3x leveraged bet, if the underlying asset price goes up 1%, your 3x leverage goes up 3%. This can also work against you when asset price falls.
Ratcheted sells
Selling progressively larger portions of a position as gains increase through predefined bands, locking in profits while maintaining exposure.