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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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Path dependency

Risk & psychology

The property that the order of returns, not just their values, determines the outcome.

In plain terms

Multiplication does not care about order. Drawdown limits, margin calls and your own nerve do — which is why sequence decides whether you were still there for the good part.

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Indian stock market glossary · Market Vidyalaya