◆ 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

LeverageFutures: Notional exposure divided by account equity; scales percentage gains and losses.; Lesson: Leverage and liquidation
Operating leverageFundamentals: The amplifying effect of fixed costs, which magnifies profit swings in both directions.; Lesson: Margins: gross, operating, net