1.4 KiB
Entity Title: Burlington
Definition
Burlington is a specific security mentioned in the context of trading, which the narrator's acquaintance believed would increase in value.
Category
instrument
Entity Title: bucket shop
Definition
A bucket shop is a trading venue where individuals bet on fluctuations in stock prices as indicated by the ticker tape, often with minimal capital.
Category
market
Entity Title: trading on tips
Definition
The practice of making trading decisions based on informal tips or advice from others, typically seen as a strategy employed by amateur traders.
Category
strategy
Entity Title: speculative trading
Definition
A method of trading where the focus is on making profit from price fluctuations rather than holding investments based on strong fundamentals or long-term growth prospects.
Category
strategy
Entity Title: arithmetic trading
Definition
A trading approach based on mathematical calculations and patterns observed in market behavior rather than on emotional or opinion-based decisions.
Category
strategy
Entity Title: office-boy
Definition
A term referring to a young individual employed in a brokerage office, in this context representing the narrator's initial role and perspective in the trading environment.
Category
trader