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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Monte Carlo simulation

Risk & psychology
Also called: Monte Carlo

Replaying a set of outcomes in many random orders to see the range of results the same edge could produce.

In plain terms

Your equity curve was one shuffle of the deck. This deals the same cards again a thousand times and shows the hands you might just as easily have got.

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Indian stock market glossary · Market Vidyalaya