Nearby month is a month close to the delivery or expiration of the futures. The contract for the nearby month is usually the shortest one that investor can buy. Nearby month is also distinguished with the most activity in them.

Gartley pattern is a trading chart pattern that can help traders spot trends and their reversal based onFibonacci numbers. The pattern can also help trader identify highs and lows of the trade.

Failed break occurs when the price is breaking through support or resistance levels but doesn’t have enough momentum in order to maintain the price and the direction of the movement. Since the validity and the price for failed break are compromised, traders tend to pull their money off a trade like that.

Bearish belt is a trading pattern the usually forms on the uptrend. Here are the main traits of bearish belt:

• Following a stretch of bullish trades, a bearish or black candlestick occurs;
• The opening price, which becomes the highest for the day, is higher than the closing price of the previous day;
• The asset price declines through the day, resulting in a long black candlestick with a short lower shadow and no upper shadow.

To have a hot hand means to have several successes in a row. For example, if someone tosses a coin a guesses what the coin is going to land on correct all of the times, they have a hot hand. It is synonymous to a winning streak and can be easily said about traders who win several times in a row.

Shortfall is a difference between a financial obligation and the amount of cash available. It can be both – temporary and constant. Constant shortfall is usually a sign of a poor money management or assets management when we are talking about a company.