Big cap Alternate name for big “head”. Positions held by traders who believe size does matter. Small cap Alternate name for small “head”. For traders who believe technique matters more; not size. Elliott waves Technique used by stressed-out insomniac traders to help them get back to sleep – counting waves as opposed to counting sheep. Candle-sticks For traders who have not discovered the wonders of electricity. Moving average When given their trading report card on their “average”performance over 50 or 200 days, traders will either break-out in rapture or sink into despair. MACD A short-form way of ordering Macdonald’s double-cheese burger by traders in a hurry. Blue-chips Companies ran by smurfs. Viewed as safe investment since smurfs are very cuddly and friendly. Suitable for young children and adults who are a bit “clueless”. S-chips Also pronounced as “ass” chips by non-English speakers. These are companies ran by sharks. Suitable for investors who are not afraid of swimming with the sharks, especially shark-fin soup aficionados! Derivatives A kind of laxative. Suitable only for traders with strong stomach. Brokerage Commissioned middle-man who will go broke if their clients don’t trade enough. Sure win one! Sales pitch by ex-durian seller turned dealer. Huat ah! A very unique war cry used by Singaporean traders who have yet to get over Chinese New Year’s “lo hei”. Chong ah! A phenomenon seen at 5:05 pm after the introduction of all day trading by SGX. A grand sight to behold when all traders rush to the loo at the same time! About the Author: "Hi! I'm a Singaporean working in Athens, Greece. I aspire to be like the swan that's here and gone. And if need be, I'll rather be the hammer than the nail. Yes, it's from that song. 123, Away, I rather sail away.... (El Condor Pasa)" Singapore Man of Leisure (welcome to my blog; just google it!) This post was written by a guest contributor. Please see their details in the post above. If you'd like to guest post for TheFinance.sg, feel free to contact me for details about how YOU can share your tips and knowledge with our community.