NotABigShortGuy

From zero

Start here

If you're new to trading, or just new here, read these in order. Each page explains one idea from scratch and links to the real trades behind it. It takes about an hour, and afterwards you'll be able to read any trade on this site and know exactly what happened and why.

  1. Step 1Principle
    Show the losses
    What this site is and why every loss is on it.
  2. Step 2Concept
    R: measuring every trade by its risk
    The one unit everything here is measured in. Read this first if nothing else.
  3. Step 3Concept
    The stop: deciding where you're wrong
    How each trade defines, before entry, the point where it's wrong.
  4. Step 4Concept
    Position sizing: size comes from the stop
    Why the stop decides the size, and not the other way round.
  5. Step 5Concept
    Moving averages: the 8, 21, 50, and 200-week
    The four lines on every chart, and what each one is for.
  6. Step 6Rule
    Market regime filter (SPY & QQQ)
    The first question every day: is this a market to be buying in at all?
  7. Step 7Setup
    Pullback in an uptrend
    The most common setup in the book, step by step.
  8. Step 8Concept
    Partial profits and the break-even stop
    How a trade goes from risking 1R to risking nothing.
  9. Step 9Concept
    Trailing stop: the daily close below the 8 EMA
    How winners are allowed to run without guessing the top.
  10. Step 10Rule
    Plan before the fill
    The rule that gets broken the most, and why it matters most.
  11. Step 11Practice
    Read a real trade
    Open any trade and follow it: the plan, the fills, the stop, the result, and what it taught.