Glossary
Contract Killaz words to know — in plain language.
Accountability — Owning your trades and your homework — the course's core discipline.
Apex — A funded-trader program name used in the community (evaluation accounts).
Bears — Traders positioned for price to fall.
Broadening Formation — Higher highs and lower lows — price expanding, taking stops both sides.
Bodies — The thick part of a candle between its open and close.
Bulls — Traders positioned for price to rise.
Continuation — A pattern or move that keeps price going in the same direction.
Continuity — Timeframe continuity: higher timeframes agreeing on direction.
Custodial Accounts — Accounts an adult holds for a minor — relevant because the course teaches all ages.
Delta — How much an option's price moves when the stock moves one unit.
Displacement — A strong, fast move away from a level — price leaving with intent.
Demand Zone — An area where buyers previously stepped in hard.
Evals — Evaluation accounts — tryouts for funded trading programs.
EQ — Equilibrium — the 50% level, where price is balanced.
Earnings — A company's quarterly report — a major volatility event.
Emotions — The part of trading the plan exists to control.
Failed 2's — A 2 that broke a level but closed back — the break failed.
Futures — Contracts to buy or sell something at a set price later — including index futures.
FVG — Fair value gap — a 3-candle pattern: a gap between candles where price moved fast and left imbalance.
Gap — Price opening well away from the prior close, leaving empty space.
Gang Gang — Community greeting and identity in the course group.
High Probability Setup — A setup where structure, signal, and continuity line up — never a guarantee.
Inside Bar — A candle that stayed inside the prior candle's range — consolidation.
IRA — Individual retirement account — a tax-advantaged account (see the course's finance notes).
Journal — Your written record of trades — what you did and why.
Key Levels — Prices where the market has repeatedly turned or stalled.
Liquidity — Where the stops and orders sit — what price is drawn toward.
Long — Positioned for price to rise.
Manipulation — Moves designed to trap traders on the wrong side before the real move.
Money on the Sidewalk — A setup so clean it looks like money lying on the sidewalk.
Nvidia — NVDA — a stock frequently used in the course's examples.
News Catalyst — A news event that moves price — earnings, data, headlines.
Outside Bar — A 3 bar — breaks the prior candle's high and low.
Order Block — The last opposing candle before a strong move — a zone to watch.
Open Interest — How many option contracts are open — a measure of participation.
Payout — Money paid out, e.g. from a funded account or a winning trade.
PD Array — Premium/discount array — a framework for reading price position.
Previous Day High — Yesterday's highest price — a key level for today.
Previous Day Low — Yesterday's lowest price — a key level for today.
Questions — Asking them is part of the course — no guessing in silence.
Risk Management — Position size, stops, and allocation — what keeps you in the game.
Retail Trader — An individual trader — not an institution. The course's audience.
Reversal — Price changing direction — often at a level, after a signal.
Sell — Exiting a long, or entering short.
Short — Positioned for price to fall.
Stop Loss — The price where your idea is wrong and you exit.
Supply Zone — An area where sellers previously stepped in hard.
Swing High — A local peak — price rose to it, then fell away.
Swing Low — A local trough — price fell to it, then rose away.
Theta — Time decay — how much an option loses per day as expiry nears.
Take Profit — The price where you bank gains — set it before you enter, and honor it.
Target — A planned exit price for a trade.
Unrealistic Expectation — Expecting every trade to win — the mindset the course corrects.
Volume Imbalance — Buying or selling pressure that leaves gaps — see FVG.
Volatility — How much and how fast price moves.
VIX — The volatility index — the market's fear gauge.
Wall Street — The institutions — the other side of the retail trade.
Whales — Very large traders whose orders move markets.
Wicks — The thin lines on a candle showing the full high-low range.
Wait for set up — The discipline of not trading until the setup actually appears.
YTD — Year to date.
Yolo — Betting it all on one idea — the opposite of this course's allocation.
You vs You — Trading is you against your own discipline, not against other traders.
Zero DTE — Zero days to expiry — options expiring today.
Zero Hesitation — Acting cleanly when the setup appears — after the work, not instead of it.
Zero Fear — Not the absence of fear, but fear not running the trade.
Zero Emotion — Execution by plan, not by feeling.