Trading Glossary

Market structure

Accumulation

A market-cycle phase in which larger participants build inventory inside a relatively contained area before directional expansion becomes visible.

Governance

Account Mandate

The defined job, time horizon, risk limits, and holding rules assigned to a trading account. An account should not be forced to serve conflicting objectives.

Execution

Authorized Opportunity

A market situation that satisfies the trader’s pre-established regime, location, evidence, timing, and risk requirements before an entry is considered.

Execution

Authorized Trade

A position taken only after every required condition in the operating mandate is present. Profitability does not determine whether the decision was authorized.

Market structure

Balance

A condition in which price rotates within accepted value and neither buyers nor sellers have established durable directional control.

Market structure

Base

A compact area of price acceptance where inventory may be accumulated or distributed before displacement. The base identifies the potential origin of institutional activity.

Capital

Capital Allocation

The deliberate assignment of capital to opportunities according to mandate, expected payoff, correlation, and total portfolio exposure.

Market structure

Capital Completion

The late market-cycle phase in which expansion reaches significant opposing liquidity or inventory objectives and continuation becomes less efficient.

TGI framework

Capital Operator

A trader who prioritizes mandate, exposure, risk governance, and decision quality over prediction, excitement, or individual trade outcomes.

Governance

Cash Flow Desk

The TGI role assigned to a day-trading account: pursue qualified intraday opportunities while respecting same-day closure and tighter operating constraints.

TGI framework

CDZA™

Compression → Displacement → Zone → Authorization. The structural sequence at the foundation of Daily Zone Command™ and the execution standard used to verify compliant behavior under risk.Explore the CDZA™ standard →

Market structure

Compression

A progressive tightening of price movement that can reveal controlled execution, declining opposition, or pressure building near a decision area.

Execution

Control Window

The designated period in which a trader is permitted to evaluate and execute intraday opportunities. TGI commonly focuses on the London–New York overlap.

Risk

Correlation Risk

The danger that multiple positions express the same underlying market exposure, causing portfolio risk to exceed what their separate position sizes imply.

TGI framework

Daily Authority

The principle that the Daily chart governs directional context, major inventory locations, and the permission framework for lower-timeframe execution.

TGI framework

Daily Zone Command

TGI’s risk-first operating framework for reading Daily supply and demand, locating institutional inventory, and authorizing execution with defined invalidation.

Market structure

Daily Zone

A supply or demand area identified on the Daily chart where meaningful inventory previously entered the market and may influence future price behavior.

Market structure

Demand Zone

An area where buying inventory previously overwhelmed available selling and produced upward displacement. It is a location for analysis, not an automatic entry.

Market structure

Displacement

A decisive price movement away from a base or zone that demonstrates an imbalance and suggests inventory has been released into the market.

Risk

Drawdown

The decline in account equity from a prior peak. Drawdown is governed at the account and portfolio levels, not treated as a reason to increase risk impulsively.

Market structure

Expansion

The market-cycle phase in which released inventory drives directional price discovery away from balance, a base, or a liquidity event.

Execution

Expansion Trigger

The evidence sequence used to authorize participation in expansion—typically a compression break, controlled retest, and decisive impulse candle.

TGI framework

Higher-Timeframe Authority

The rule that lower-timeframe price action is interpreted inside the structure and inventory context established by the Monthly, Weekly, and Daily charts.

TGI framework

Institutional Intent

An evidence-based inference that larger participants are actively accumulating, distributing, defending, or releasing inventory. It is read through price behavior, not assumed from a label.

Market structure

Institutional Inventory

Meaningful positions accumulated or distributed by larger market participants, often inferred from bases, zones, displacement, and repeated defense of price.

Risk

Invalidation

The objective price or structural condition that proves a trade thesis no longer deserves capital. It should be defined before entry.

Market structure

Liquidity

The availability of executable orders in the market. Clusters of stops, pending orders, and prior highs or lows can become objectives for price.

Market structure

Liquidity Harvesting

The market-cycle phase in which price reaches beyond an obvious reference point to access orders before the next directional decision is revealed.

Market structure

Liquidity Sweep

A temporary move through a prior high, low, or obvious order cluster that accesses liquidity and then rejects or transitions into a new structure.

TGI framework

Market Regime

The dominant structural environment governing price—such as accumulation, liquidity harvesting, expansion, capital completion, or transition.

Capital

Maximum Allocation

The highest notional account allocation permitted by a proprietary trading provider under its current rules. It is not the same as cash owned or guaranteed payout value.

Governance

Operating Mandate

The complete set of rules defining what may be traded, when capital may be committed, how risk is sized, and when exposure must be reduced or closed.

Execution

Partial Profit

A planned reduction of position size at a predefined objective, often the first meaningful liquidity area, while retaining exposure for further expansion.

Risk

Position Sizing

The calculation that converts the permitted account risk and invalidation distance into an appropriate number of units, contracts, or shares.

Capital

Preservation Decision

A deliberate choice to protect capital by reducing exposure, declining an unauthorized opportunity, or remaining in cash when conditions are unclear.

Execution

Pullback Completion

The point at which a corrective move reaches qualified inventory, shows rejection or renewed displacement, and restores evidence in the direction of authority.

Risk

R-Multiple

A standardized expression of profit or loss relative to the initial risk on a trade. A result of +3R equals three times the amount originally placed at risk.

Risk

Risk Mandate

The non-negotiable limits governing risk per trade, total exposure, correlated positions, drawdown, and conditions that require reduced participation.

Risk

Risk–Reward Engineering

The design of an opportunity so that entry, invalidation, partials, and targets produce an acceptable payoff before capital is committed.

Execution

Runner

The remaining portion of a position kept after partial profit is secured, allowing participation if expansion continues toward a larger objective.

Market structure

Supply Zone

An area where selling inventory previously overwhelmed available buying and produced downward displacement. It is a decision location, not an automatic short.

Governance

Swing Account

The TGI Investor account: a mandate designed to hold qualified positions across multiple sessions when higher-timeframe authority and risk conditions remain intact.

Execution

Trade Authorization

The decision gate that converts a market observation into permitted execution only after context, location, evidence, timing, and risk align.

Governance

Unauthorized Trade

A trade taken without satisfying the operating mandate. A profitable unauthorized trade remains a process violation because it reinforces unreliable behavior.

TGI framework

Weekly Bias

The conditional directional mandate for the coming week, derived from higher-timeframe structure, market regime, inventory, and invalidation—not prediction alone.

Governance

Weekly Capital Review

A structured audit of regime, bias, authorized and unauthorized trades, emotional decisions, risk errors, preservation choices, and lessons learned.Open the interactive review →