Glossary

Exit

The price where your position closes — at target, at stop, or by plan. Never by panic.

Related terms

  • ExpectancyAverage R earned per trade over many trades. Positive expectancy = a real, tradeable edge.
  • ExposureTotal capital at risk across all open positions right now.
  • Economic CalendarThe schedule of market-moving releases (CPI, NFP, FOMC). Checked before EVERY session.
  • Elliott WaveTheory that markets move in repeating 5-wave impulse + 3-wave correction crowd cycles.
  • Engulfing CandleA candle whose body fully swallows the previous one — momentum change signal at key levels.
  • EntryThe price where your position opens. Planned in advance — never improvised.

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