Course Outline
The Trading Manual
164 lessons across 12 modules, plus my Mean Reversion playbook and the Monte Carlo simulation that stress-tests it. Every lesson comes with slides, full notes, a short quiz and a task, and a PDF you can keep. It's included with Premium.
🔒 Every lesson on this website is for Premium members. Join Premium to open the full course here and in Discord.
Start Module 1 free in the Discord
- Modules 1 to 4 open from day one for Premium members
- Module 5 opens once every lesson quiz and module quiz in Modules 1 to 4 is passed with 80%
- Modules 6 to 12 then open one at a time, as you pass the module before
- Every lesson has slides, notes, a quiz, a task and a PDF
Foundations of a Daily Process
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Learning How to Improve
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Edge, Expected Value and Sizing
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- 3.0Expected Value
- 3.1Your Average Price Is Irrelevant
- 3.2What Is Edge
- 3.3Types of Edge
- 3.499.9% Is Noise
- 3.5The 0.1% of Stocks and Setups
- 3.6The Broken Slot Machine Analogy
- 3.7Developing Strategies with Edge Comes First
- 3.8How to Develop Trading Edge
- 3.9How to Test for Edge
- 3.10Is It Me or Is It the Market
- 3.11Dissecting Trade Stats
- 3.11.1Case Study: Breaking Down a Trader's Stats
- 3.12Expected Value Is Dynamic
- 3.12.1Case Study 1: Expected Value Is Dynamic
- 3.12.2Case Study 2: Expected Value Dynamics
- 3.13Trading Around a Core Position
- 3.14Adding to Positions the Right Way
- 3.15Exponential Bet Sizing
- 3.16The Math of Bet Sizing
- 3.17The Sizing Notecard
- 3.18Easy Money Trades Make Trading Careers
- 3.19No Man's Land
- 3.19.1Case Study 1: No Man's Land
- 3.20The Confirmation Trap
- 3.21Steady Strong vs. Capitulatory
Rules of Thumb That Hold Up
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- 4.0Trading Heuristics
- 4.1The 20% Heuristic
- 4.2Your Best Trades Go in Your Favor Immediately
- 4.2.1Case Studies: Trades That Work Immediately
- 4.3The Best Trades Don't Look Back
- 4.3.1Case Studies: Trades That Don't Look Back
- 4.4The Key Metric Heuristic
- 4.5The CNBC Heuristic
- 4.5.1Case Studies 1: The CNBC Heuristic
- 4.5.2Case Studies 2: The CNBC Heuristic in Meme Stocks
- 4.6Are You an Analyst or a Trader?
Futures Trading - Beginner to Intermediate
Pass every lesson and module quiz in Modules 1–4 to open Module 5.
- 5.0Futures basics: contracts, exchanges and expiry
- 5.1Ticks, points and contract value
- 5.2Micros versus minis: NQ and MNQ
- 5.3Margin, leverage and position sizing
- 5.4Market, limit, stop and bracket orders
- 5.5Sessions, liquidity, news and rollover
- 5.6Building a trade plan
- 5.7Intermediate execution, review and replay
Reading Price and Charts
Pass every Module 5 lesson quiz and module quiz to open Module 6.
- 6.0What Minute Bars Should I Use?
- 6.1Case Study: What Minute Bars Should I Use?
- 6.2What Is a Trading System?
- 6.3Do You Wait for the Bar to Close?
- 6.4Case Study: Do You Wait for the Bar to Close?
- 6.5Choosing the Right Stop
- 6.6When NOT to Listen to Your System's Stop
- 6.7Fractals
- 6.8Assessing Technical Indicators
- 6.9Defining a Trend
- 6.10Consolidation
- 6.11Case Study 1: Judging Proper Consolidation
- 6.12Case Study 2: Judging Proper Consolidation
- 6.13Avoiding False Breakouts
- 6.14Case Study 1: Avoiding False Breakouts
- 6.15Case Study 2: Avoiding False Breakouts
- 6.16The Right Side of the V
- 6.17Case Study: The Right Side of the V
- 6.18Rate of Change Is Everything
- 6.19Case Study: Rate of Change
- 6.20Moving Averages as Measures of Overextension
- 6.21Case Study 1: MAs as Overextension
- 6.22Case Study 2: MAs as Overextension
- 6.23Systemizing the Best Capitulation Variables
- 6.24Waiting for the Turn vs Buying Intrabar
- 6.25Case Study: Waiting for the Turn vs Intrabar
- 6.26The Pendulum Concept
- 6.27Case Study: The Pendulum Concept
- 6.28Moving Averages Overview
- 6.29Case Study 1: MAs as Profit Targets
- 6.30Case Study 2: MAs as Profit Targets
- 6.31MAs as a Measure of Consolidation
- 6.32Case Study 2: MAs as Measures of Consolidation
- 6.33Case Study 3: MAs as a Measure of Consolidation
- 6.34Moving Averages as Support and Resistance
- 6.35Trendlines
- 6.36How to Use Bollinger Bands
- 6.37Bollinger Bands and Volatility Contraction
- 6.38Volume Overview
- 6.39Case Study: Volume and Breaking News
- 6.40Case Study: Volume Breakouts
- 6.41Case Study: Volume Capitulations
- 6.42Uncovering Symmetry in Stock Charts
- 6.43The Stair Step Pattern
- 6.44Retracements, Not Fibonacci
- 6.45VWAP Overview
- 6.46Aligning Multiple Timeframes
Order Flow and Reading Bookmap
Pass every Module 6 lesson quiz and module quiz to open Module 7.
- 7.0Market orders, limit orders and liquidity
- 7.1Reading the heatmap and volume dots
- 7.2Aggressive buying and selling and CVD
- 7.3Absorption, exhaustion and iceberg limitations
- 7.4Failed breaks and acceptance
- 7.5Recognising mean-reversion opportunities
- 7.6When to avoid fading a move
- 7.7Replay exercise and module quiz
Options Flow
Pass every Module 7 lesson quiz and module quiz to open Module 8.
Protecting Your Capital
Pass every Module 8 lesson quiz and module quiz to open Module 9.
- 9.0Risk Management Overview
- 9.1.1What Risk Management Really Is
- 9.1.2Survival and Drawdown Maths
- 9.1.3Guardrails and If-Then Rules
- 9.1.4Stops: Hard, Mental and Time
- 9.1.5Position Sizing and Shorts
- 9.1.6Wire Out Your Profits
- 9.1.7Playing Offense
- 9.1.8Offense or Defense
- 9.1.9The Biases Behind Blow-Ups
- 9.1.10Build Your Risk Framework
- 9.2The Importance of Loss Limits
- 9.3Losing Money Is an Indicator
- 9.4When to Increase Your Risk
- 9.5The Most You Should Ever Risk
- 9.6Dynamic Loss Limits
Scanners, Filters and Hotkeys
Pass every Module 9 lesson quiz and module quiz to open Module 10.
Order Flow and the Tape
Pass every Module 10 lesson quiz and module quiz to open Module 11.
The Mental Game
Pass every Module 11 lesson quiz and module quiz to open Module 12.
Playbooks
Opens with Reading Price and Charts, Module 6. Existing earned access is retained.