Expectancy

Average R earned per trade over many trades. Positive expectancy = a real, tradeable edge.

Related terms

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.
Equal Highs / LowsTwo+ swings at the same price — a textbook stop cluster and liquidity magnet.

Terms stick when you use them. The Money Circle academy walks you through them step by step.