Market Profile Trading A to Z
Glossary assembled by Andrew Hall, iTradePod. If you have any feedback or would like to see a term added or amended please leave a comment below or contact us.
WOC - Wisodom of the Crowd. Ask enough people to estimate something, and the average of their guesses will be surprisingly close to the right answer.
Weak Holders - traders who are on the wrong side of the Order Flow, and have become influenced by emotion, allowing themselves to become exposed to poor positions. They cannot afford losses so are immediately under pressure (stress) if the market turns against them.
WOW Index - Weiss Order Weighted Index. An Order Flow divergence monitoring indicator by Algo Futures.
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