Course
A course meant to be taken in order. What several theories agree on is the core; where they differ, we mark it as a difference. The first course also explains why risk management comes before technique.
53 lessons in total. The beginner course opens with just by signing in no subscription needed. Your quiz scores stay on your account and feed into Completion check.
Work down from the top. The beginner course opens in full without a subscription.
Subscribing unlocks Practical and advanced course text.
Beginner
13 lessons · Sign inSign in to open all 13 lessons in this course (no subscription needed)
- Build a Structure That Survives FirstExplain with a formula why losses and recoveries are not symmetric.
- Candles, Candle Close and Gaps — The Smallest Unit of a ChartTell apart the four values a candle holds from the information it cannot hold (the order of moves inside it).
- Start With the Big Picture — Top-Down and TimeframesExplain the order in which the large bar governs direction and the small bar gives timing.
- What Is a Trend — Renewing Highs and LowsJudge a trend as one of three states using two questions about renewing highs and lows.
- Contraction and Sideways Ranges — When Updates StopTreat a stretch where updates have stopped as a suspended verdict, not as a trend that is simply continuing.
- What Support and Resistance Really AreExplain support and resistance not as lines but as zones where orders and memory have accumulated.
- Pullbacks — The Healthy Kind and the Ended KindSeparate a pullback from the end of a trend by which bar it shows up on.
- Reading VolumeYou can read price as the result and volume as the effort, and read the two axes together.
- Telling False Breakouts ApartYou can treat a breakout as a question rather than a signal.
- Trendlines and Channels — The Textbook StandardYou can treat a trendline as a tool for seeing slope, not as a definition of direction.
- Contract Structure: Long, Short, Leverage, and LiquidationYou can explain the structural difference between long and short (the cap on losses).
- How to Read Our PostsYou can read the three prices in a post according to their roles.
- The Trade Journal: Without Records, You Do Not ImproveYou can explain why memory does not keep an accurate record of your results.
Practical
18 lessons · Lite and aboveSubscribe to Lite and above to open all 18 lessons in this course
- Stop-Loss Lines — Structure-Based vs Percentage-BasedDistinguish and record the two reasons a stop-loss gets hit.
- Position Sizing — More Important Than Win RateExplain with recovery math why size decides the account before strategy does.
- Reward-to-Risk Ratio and Expected ValueShow by calculation that what decides the account is not the win rate but the size of wins and losses.
- Loss Limits and Risk SwitchesExplain why a layer of limits by period is needed on top of the size of a single trade.
- Scaling Down for VolatilityExplain that risk is size multiplied by volatility.
- Correlation and OverexposureExplain that diversification depends not on the number of holdings but on how much they move together.
- Concentration and Diversification — How Many Positions to HoldExplain that concentration and diversification are tools that do different jobs.
- Trading Costs — How Fees and Funding Erode ResultsName and distinguish the four costs that go out with every trade.
- Psychology (1) — FOMO, Revenge Trading, and OvertradingFind the four typical forms of off-plan trading in your own records and name them.
- Psychology (2) — Winning Streaks, Losing Streaks, and BiasWrite down your target and scaled shares before opening a position, so that when impatience rises while in profit, you realize part as planned and move to breakeven.
- Mindset — Waiting, Re-entry, and Not ComparingDefine mindset as setting the plan in advance, and write your own rule as a single sentence.
- Writing a Scenario Before EntryPick one past trade and tell entry from reaction with the test "was it written before the price arrived?"
- Pullback Entry vs. Breakout EntryYou can compare the trade-offs of the two entry methods by calculating stop distance and ratio.
- The Standard for Scaling InYou can tell scaling in from averaging down by asking whether it was decided in advance.
- Designing a Scale-Out LadderYou can replace the all-or-nothing choice between closing everything and holding everything with partial realization.
- Break-Even Move TimingWrite in two lines how the character of a trade changes before and after the move to breakeven.
- Two-Way and Hedged TradingYou can explain that the essence of two-way positions is a risk cushion, not profit.
- The Daily Routine: Start and ReviewYou can prevent mistakes that come from things left unchecked by using a procedure.
Advanced (common)
11 lessons · Standard and aboveSubscribe to Standard and above to open all 11 lessons in this course
- Wyckoff: The Four Phases of Accumulation and DistributionYou can read a long box as a zone where holdings change hands, without being sure of the direction.
- Liquidity Structure: Where the Market Comes Back ToYou can find the spots where orders pile up by dividing them into four types.
- Fibonacci in Depth: Extension, Projection, and the Confluence ZoneBefore laying a ruler, you can check three things by eye: whether the retraced zone is around half of the original move, whether other marks are already at that spot, and how the bars changed during the return.
- Reversal Patterns and the Heavy-Trading ZoneYou can count by hand how many times price was blocked at the same spot and compare whether the volume bars shrank when it was blocked, and so read shapes with different names as one story.
- Pyramiding: Add Only to Winning PositionsRight before adding, you can check whether you are now above the entry price, whether the stop-loss spot you will raise to can be pointed to on the screen, and how far that spot is from the current price, and skip if even one fails.
- Macro 1: Interest Rates and Risk AssetsYou can check the schedule for major announcements this week, and for days that have one, decide not to enter new positions, reduce your size, or treat it as a rest day.
- Macro 2: The Three Major Indicators and How News Is ReflectedYou can tell which of prices, employment or growth the news you are looking at is about.
- Asset Allocation and RebalancingYou can ask whether you could keep trading if your single largest holding halved in a day, and judge the size to be large if the answer is no.
- Measuring Your Own Skill with StatisticsYou can always look at win rate and reward-to-risk ratio together, and drop a number that touts only one of them from your grounds.
- Putting It Together: Market Eye 7 and an Investing PhilosophyYou can organize what you have learned so far into seven checks.
- Ichimoku Intro: Five Lines Answer the Same QuestionYou can explain in words what the conversion line, base line, leading spans and lagging span each calculate.
Advanced (crypto track)
3 lessons · Standard and aboveSubscribe to Standard and above to open all 3 lessons in this course
- Supply: Halving, Unlocks, and StablecoinsWhen you look at a new symbol, you can check side by side what percentage of the total is circulating and how much remains to be released, and answer "Is this a symbol with a large amount to be released ahead?"
- Flows: ETFs, Exchanges, the Kimchi Premium, Liquidations, and AltseasonOn the fund-flow screen, you can read how many days in a row the flow has gone the same way and which side the recent total sits on, and avoid judging from a single day.
- Practice: Custody, Bridges, Fees, and On-Chain RecordsCompare custody methods by writing out what each one hands over and what each one keeps in your hands.
Advanced (Korea track)
4 lessons · Standard and aboveSubscribe to Standard and above to open all 4 lessons in this course
- Market Rules: Limit-Up, Trading Halts, and Settlement Dates Shape PricesYou can explain what price limits and halt mechanisms prevent.
- Flows: Where Trading by Investor Type and the Exchange Rate IntertwineBecause the foreigner, institution and individual breakdown records who bought but not why, you can write fund flows down as a record only.
- Corporate Events: Capital Increases, Capital Reductions, Record Dates, EarningsYou can tell apart events that increase the number of shares from events that decrease it.
- Taxes, ETFs, Exchange Rates and Interest RatesCalculate results after tax and cost using the amounts you confirmed in your own account.
Advanced (US track)
4 lessons · Standard and aboveSubscribe to Standard and above to open all 4 lessons in this course
- Rules and Derivatives: After-Hours, No Price Limits, Options ExpirationYou can treat the highs and lows of after-hours trading as values made by thin trading, not use them as spots, and use bars that closed in regular hours as the basis.
- Events: Earnings, Index Inclusion, Overlapping WeeksAt the start of each week, you can check whether any of the three kinds of schedule (economic indicators, large-company earnings, and expiries and index changes) fall this week.
- Indexes, Sectors and ETFsYou can set two or three major indexes side by side in the same way and check whether their directions agree or conflict.
- Taxes, Dividends, Currency Hedging and Big TechSubtract the three layers of foreign-asset cost (trading cost, tax, currency exchange cost) from your results using the amounts you confirmed in your own account.
Short reference notes
Short, bite-sized references are collected separately. If an unfamiliar term comes up during the course, look it up there.
See glossary & referencesSupport & Resistance Practice
Draw lines on real past candles, then reveal what came next to see whether price reacted at them.
Go to practiceFrequently asked questions
In what order should I take the regular courses?
The order is introductory, practical, then advanced. The first introductory course starts with risk management, and techniques are built on top of it.
Are any courses free?
The introductory courses are fully open with a login and no subscription. Practical courses open to Light subscribers and above, and advanced courses to Standard subscribers and above.
How are points on which theories disagree handled?
What several theories agree on is the main content, and points where theories differ are only marked as differing. We do not recommend which side to use.