The term 'Pony Gait' refers to the four-beat gait of a pony, which is known as the TROT. The TROT is a two-beat diagonal gait in which the horse's legs move in diagonal pairs, with the front right and hind left legs moving together, followed by the front left and hind right legs. This gait is faster than a walk but slower than a canter or gallop. The TROT is a popular gait for riding horses, as it is comfortable for the rider and allows the horse to cover ground quickly.