Downtick

A trade is on a downtick when the last trade occurred at a price lower than the previous one.

Asset Allocation

The process of dividing your funds among different classes of investments such as stock, bond, or real estate. You could further allocate your stock funds into value, growth, foreign, etc.

Anonymous Trading

Permits Participating Organizations to voluntarily withhold their true broker identities when entering orders and trades on TSX trading systems.

Ask or Offer

The lowest price at which someone is willing to sell the security. When combined with the bid price information, it forms the basis of a stock quote.

Dollar Cost Averaging

Investing a fixed amount of dollars in a specific security at regular set intervals over a period of time. Dollar cost averaging results in a lower average cost per share, compared with purchasing a constant number of shares at set intervals. The investor buys more shares when the price is low and buys fewer shares when the price is high.

Analyst

Someone typically working for a brokerage house, who publishes buy/hold/sell recommendations and earnings forecasts for a stock. Buy side analysts work for institutional buyers, and sell side analysts work for brokerages.