Great post Vyaduka, however some of the definitions are to restrictive. For example, LONG does not only mean buy low and sell high. It can also be buy high and sell at even a higher price. Same with "Bearish" which also can be referred to as "Shorting" or a Sell order.

Above all, great work and insight to the rudimentary info. in terms of trading! Bitcoin post I provided previously can be found here and there will be more to come for sure. Cheers!
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