Pnoy Scratch

What is Pnoy Scratch?


1.

Term for getting out of a speculative trade at breakeven by doubling down at a better price and then liquidating the position at the average of the two prices.

I was long from 18 so I doubled down at 17 and sold it all out at 17.5 for a pnoy scratch.

2.

While trading futures, the act of "doubling down" to average the spread price to escape financial carnage

"Was it a scrath? No, I bought 500 more and PNOY scratched the trade."


0

Random Words:

1. Stands for We Own the Other Team; an acronym from the world of online shoot 'em up gaming, signifying a victory, or just that your ..
1. your mothers vagina yer moms box was all plugged up with cobwebs last night dude, I had to surf the hershey highway wit da bitch. 2. ..
1. the 845 is a street gang from the pearl riverin rockland county, New York. the 845 consists of eight key members, and several affiliates..