◆ Price is what you pay, value is what you get◆ Support is a zone, not a line◆ Volume confirms moves◆ Risk first, reward second◆ Earnings ≠ cash flow◆ Diversify across uncorrelated risks◆ RSI measures momentum, not direction◆ P/E needs context◆ Price is what you pay, value is what you get◆ Support is a zone, not a line◆ Volume confirms moves◆ Risk first, reward second◆ Earnings ≠ cash flow◆ Diversify across uncorrelated risks◆ RSI measures momentum, not direction◆ P/E needs context

Glossary

Terms, defined plainly

Dealing rangeSMC: A chosen swing low-to-high range used to define premium, discount and equilibrium.; Lesson: Premium, discount and the dealing range
Premium / discountSMC: The upper and lower halves of a dealing range. A geometric location, not a valuation.; Lesson: Premium, discount and the dealing range