Understanding Seven Useful Stock Market Terms in Stock Market Trading

1. Going long – buying a share.
2. Selling long – selling a share.
3. Going short – buying a share that the investor does not own.
4. Selling short – selling a share that the investor does not own.
5. Covering short – buying a share that the investor sold short.

Round lot – for reasons of convenience, buy and sell orders are usually requested in multiples of 100 shares.

Odd lot – orders that are not multiples of 100. Because these orders cause confusion and other problems, the fees charged for them are higher.