Semantic dictionary

Prop Firm & SMC Trading Glossary

Understand the terminology of professional, systematic traders. Clear definitions of structure Shift points, imbalances, and risk calculations.

D

Drawdown

The percentage or absolute dollar decline of a trading account's peak value to its lowest subsequent point before recovery.

Risk ManagementLearn More →
F

Fair Value Gap (FVG)

A three-candle pattern representing a market imbalance where the middle candle moves rapidly, leaving a gap between the wicks of the preceding and succeeding candles.

Technical StructureLearn More →