Glossary
Every term this guide uses, in one place — what it means and where you'll see it.
Nefarious terms
| Term | What it means |
|---|---|
| VIP | The paid tier, bought on Whop. Unlocks the alerts, indicators, live rooms, classrooms and member pages. |
| Whop | Where VIP is bought and managed. Connect your Discord account there so VIP unlocks. |
| Alert | A trade an analyst posts in the Discord: ticker, entry and, usually, the stop and size. |
| Traders Hub | The website's member area — every tool with its own setup guide. Open it. |
| Classroom | One analyst's lessons on the Education page. Johnny's is VIP-only; Enick's is open. |
| Copy trading | Your broker account mirrors the desk's trades automatically. Forex is live today. |
| Johnny's Watchlist | Johnny's sector board of names he's watching, ranked High, Med and Low. |
Trade terms
| Term | What it means |
|---|---|
| R (1R) | What a position loses if its stop hits. +2R = up twice the risk taken. Johnny's Portfolio is measured in R. |
| Stop | The price where you're wrong and get out. |
| Entry | The price a position was opened at. |
| Trim | Selling part of a position to take some profit. |
| Scaling in / out | Buying or selling a position in pieces instead of all at once. |
| Breakout | Price clearing resistance — Johnny's entry trigger for trades. |
| Support | A level where buyers have stepped in before — where Johnny buys long-term positions. |
| Resistance | A level where sellers have stepped in before — where he takes profit on options. |
| Thesis | The researched reason for owning something. When it dies, the position is sold. |
| Conviction | Confidence earned from research. In Johnny's book, it decides the size. |
| Sector leader | The strongest company in a sector — Johnny's main position in that sector. |
Options terms
| Term | What it means |
|---|---|
| Call / Put | A call gains when the stock rises; a put gains when it falls. |
| Strike | The price written into the contract. |
| Expiry | The date the contract ends. |
| Premium | What the contract costs — quoted per share, ×100 per contract. |
| Theta | The value an option loses every day just from time passing. |
| LEAPS | Options a year or more from expiry. Johnny keeps them to 2–3% of the portfolio. |
| 0DTE | Options that expire the same day they're traded. |
| GEX | Gamma exposure — where options hedging pressure sits. Shown by the Trading GEX Levels indicator. |
Markets
| Term | What it means |
|---|---|
| Futures | Contracts on indices and commodities, traded in sessions — the day-trading desk's market. |
| Forex | Currency pairs, traded around the clock. |
| ETF | A fund that trades like a stock and holds a basket of them. |
| Prop firm | A firm that funds your trading account after you pass its evaluation. |