◆ 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

Equal highs / equal lowsSMC: Two or more swings within a small tolerance of each other; treated as an obvious liquidity pool.; Lesson: Liquidity pools, equal highs/lows and sweeps
Liquidity poolSMC: A price area where resting stop and breakout orders are presumed to cluster, such as above obvious highs or below obvious lows.; Lesson: Liquidity pools, equal highs/lows and sweeps