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Seven lessons, in order. Each one has an objective, the main lesson, a worked educational example, the most common mistake, an exercise, a related worksheet, and a risk reminder.
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- 1Think Like a Risk ManagerYou can state the most you are willing to lose on an idea before you look at the upside.
- 2Read the Market Weather FirstYou can classify the session as constructive, caution, or risk-off and say what that changes.
- 3Read Charts From Large to SmallYou can describe a symbol's structure before you ever open a timing chart.
- 4Wait for Confirmation, Not a Cheaper PriceYou can tell the difference between price simply being lower and a decline visibly weakening.
- 5Position Size, Cash Rules, and TargetsYou can size a position from a risk limit and confirm the cash is genuinely available.
- 6Prove It in Paper FirstYou can run a candidate through paper testing and judge it on evidence instead of hope.
- 7Review Honestly, Change One ThingYou can review your own results without flattering them, and change one rule at a time.