Insider is a director or senior management officer of a company, as well as any person or entity that owns more than 10% of a company's voting shares. 

 

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Minsky Moment is a market collapse brought on by the reckless speculative actions which define an unclear bullish period. Named after economist Hyman Minsky it defines the point in time where a sudden decline in market sentiment leads to a full-on market crash.

 

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Time in force is an instruction used upon putting down a trade to state how long an order will be active before it is executed or expires. 

 

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Tactical trading is an investment style short term trades based on anticipated market trends. It usually involves taking long or short positions in a broad range of markets. 

 

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Without recourse is a phrase that has several meanings. In general, it refers to the buyer of a promissory note or other negotiable instrument assuming the risk of default. 

 

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