Glossary

Discount

The cheap lower half of the dealing range (below 50%) — where professionals buy.

Related terms

  • DistributionA sideways phase where institutions unload positions to the crowd — often at highs.
  • DiversificationSpreading capital across uncorrelated assets so one failure can't sink you.
  • DojiA candle closing where it opened — tiny body, indecision. Meaningful only at key levels.
  • DovishCentral-bank tone favoring LOWER rates / easier money — usually bullish for risk assets.
  • Dow TheoryThe founding framework of trend analysis: trends persist until structure proves otherwise.
  • DrawdownThe distance from your account's peak to its low. The number that ends careers — cap it.

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