> ## Documentation Index > Fetch the complete documentation index at: https://docs.quantumvoid.org/llms.txt > Use this file to discover all available pages before exploring further. # Glossary > Trading terms and platform concepts explained # Glossary A comprehensive glossary of trading terms and VoidX-specific concepts. *** ## A ### ATR (Average True Range) A volatility indicator measuring the average range of price movement over a period. Used to set dynamic stop losses and position sizing. ### Auto-Hedging Automatic opening of an opposing position when your main position exceeds a loss threshold. Protects against further losses while waiting for recovery. ### Ask The lowest price at which someone is willing to sell. Also called the "offer" price. *** ## B ### Basis Points (bps) One basis point = 0.01%. Used to express small percentages. * 100 bps = 1% * 10 bps = 0.1% * 1 bp = 0.01% ### Bid The highest price at which someone is willing to buy. ### Breakeven The price at which your position has zero profit or loss after fees. *** ## C ### Cascade A rapid series of liquidations causing accelerated price movement. Often triggers a "domino effect" of forced selling/buying. ### Cluster (Grid Cluster) A group of orders placed at specific price levels in a DCA strategy. ### Counter Position A position opened opposite to your main position, typically to hedge or scalp during adverse moves. ### Cross Margin A margin mode where all available balance is used as collateral for positions. Higher risk of total liquidation but more efficient capital use. *** ## D ### DCA (Dollar-Cost Averaging) An investment strategy of spreading purchases over time/price levels to reduce the impact of volatility. ### Decay Factor In geometric sizing, the multiplier applied to each subsequent level. `0.92` means each level is 92% the size of the previous. ### Donchian Channel A technical indicator showing the highest high and lowest low over a period. Used for breakout detection. ### Drawdown The decline from a peak to a trough in your portfolio value. Usually expressed as a percentage. *** ## E ### EMA (Exponential Moving Average) A moving average that gives more weight to recent prices. Faster to react than SMA. ### Entry Price The average price at which you opened your position. *** ## F ### Funding Rate A periodic payment between long and short position holders in perpetual futures. Positive rate = longs pay shorts; negative = shorts pay longs. ### Fill When your order executes and becomes a position. A "partial fill" means only some of your order executed. *** ## G ### Geometric Grid A grid where spacing between orders increases geometrically (exponentially) as you move away from current price. ### Grid Refresh The process of canceling existing orders and placing new ones as price moves. ### GTFO (Get The F\*\*\* Out) An exit strategy that aggressively closes positions when conditions turn adverse. *** ## H ### Hedge Mode An exchange feature allowing simultaneous long AND short positions on the same symbol. ### HFT (High-Frequency Trading) Trading strategies that execute many trades per second. In VoidX, refers to fast-cycling market making. *** ## I ### Inventory Your current position size. "High inventory" means you're heavily positioned. ### Inventory Skew Adjusting bid/ask prices based on your current position to encourage rebalancing. ### Isolated Margin A margin mode where only the assigned margin is at risk for each position. Limits loss but may cause earlier liquidation. *** ## L ### Leverage Multiplier for your position size relative to margin. 10x leverage = control $10,000 with $1,000 margin. ### Liquidation Forced closure of your position when margin is insufficient. Results in loss of position and possibly additional fees. ### Liquidation Price The price at which your position will be forcibly closed by the exchange. ### Loss Management Tiers Progressive risk reduction based on loss depth: * Tier 1 (100 bps): Widen spreads * Tier 2 (300 bps): Stop new entries * Tier 3 (600 bps): Exit priority only *** ## M ### Maker An order that adds liquidity to the order book (typically limit orders). Usually has lower fees. ### Market Making A strategy of providing liquidity by placing both buy and sell orders, profiting from the spread. ### Margin The collateral required to open and maintain a leveraged position. ### Microprice A refined mid-price calculation weighted by order book depth on each side. *** ## N ### NATR (Normalized ATR) ATR expressed as a percentage of price. Allows comparison across different price levels. ### Net Delta The combined directional exposure of all your positions. *** ## O ### OBI (Order Book Imbalance) The ratio of bid volume to ask volume in the order book. High OBI suggests buying pressure. ### Order Book The list of all open buy and sell orders for a trading pair, organized by price. ### Outer Distance In Vortex DCA, how far from current price to place the furthest order. *** ## P ### Panic Threshold The inventory level at which the bot becomes more aggressive about exiting positions. ### Perpetual Futures (Perps) Futures contracts with no expiration date. Settled via funding rate mechanism. ### Position Size The total value or quantity of your open position. *** ## Q ### Quote A bid/ask price pair offered by a market maker. ### Quote Size The size of each individual order in your trading grid. *** ## R ### Ratio Power In geometric grids, the exponent controlling how quickly spacing increases. ### Reactive Spacing Dynamic order spacing that adjusts based on market conditions (volatility, depth, flow). ### Refresh Threshold The price movement percentage that triggers grid recalculation. *** ## S ### SLAM A high-velocity market making technique that quickly enters and exits during momentum moves. ### Slippage The difference between expected price and actual execution price. ### Spread The difference between bid and ask prices. Market makers profit from this. ### Stop Loss An order to close a position when price reaches a certain level, limiting losses. *** ## T ### Take Profit (TP) An order to close a position when price reaches a profit target. ### Taker An order that removes liquidity from the order book (typically market orders). Usually has higher fees. ### Time Decay (Position) The principle that positions held longer without profit should be closed more aggressively. ### Trap Detector A system that identifies when your position is being "trapped" by adverse price movement. *** ## U ### Underwater A position that is currently at a loss. "5% underwater" = 5% unrealized loss. *** ## V ### Virtual Chunking A position recovery technique that mentally divides a losing position into chunks and recovers each separately. ### Volatility The degree of price movement. Higher volatility = larger price swings. ### Vortex DCA VoidX's intelligent DCA strategy with geometric spacing and recovery features. *** ## W ### Wallet Exposure The percentage of your total wallet allocated to a symbol or strategy. ### Whale A trader with large capital who can significantly move prices. ### Whale Wall A large order visible in the order book, often providing support or resistance. ### Whiplash Rapid back-and-forth price movement that can trigger multiple entries/exits. *** ## X ### XGrid VoidX's momentum-based strategy using EMA crossovers and Donchian channels. ### XGrid Counter Scalp Opening positions opposite to your main position when XGrid signals a trend reversal. *** ## Numbers ### 11/23 EMA The default EMA periods used by XGrid for crossover detection. ### 100 bps One percent (100 basis points). *** ## Need More Help? Frequently asked questions Get help from the community