2 May 2026
Effort versus result, said without jargon
A reading-circle habit: describe the bar as work done, then ask whether the next bar paid for that work.
‘Effort versus result’ is easy to recite and hard to see. In the reading circle we ban the phrase for the first twenty minutes. A student must say something like: a wide bar closed on its high, the next bar opened inside and failed to leave the range. That is a story about work that was not paid.
Volume, when we have it on the print, is treated as a second witness, not as a trump card. Heavy volume on a bar that goes nowhere is a different sentence from light volume on a drift. Students learn to write both sentences before they reach for a setup name.
This is study, not a method for placing orders. The circle’s only product is a clearer paragraph on the page you already marked.