Strategies and Styles
22 lessons in this track so far, in the order we suggest reading them.
Trading Styles
BeginnerDay TradingDay trading means opening and closing positions within the same session. Learn how it works, the costs, rules, risks and what a realistic day looks like.BeginnerSwing TradingSwing trading holds positions for days to weeks to capture a single price swing. Learn how it works, popular setups, risk management and who it suits.BeginnerScalpingScalping aims to profit from very small price moves with many quick trades. Learn how scalpers work, why costs dominate and what it takes to succeed.BeginnerPosition TradingPosition trading holds trades for weeks to months to capture major trends. Learn how it differs from investing, the tools used and how to manage risk.BeginnerDay Trading vs Swing TradingCompare day trading and swing trading on time, costs, risk, capital and psychology, with worked numbers, so you can choose the style that fits your life.BeginnerDiscretionary vs Systematic TradingDiscretionary traders decide by judgement; systematic traders follow fixed rules, often automated. Compare their strengths, weaknesses and the hybrid approach.BeginnerQuantitative TradingQuantitative trading uses data, statistics and code to find and trade repeatable patterns. Learn how quant strategies are built, tested and run.
Core Strategies
IntermediateTrend FollowingTrend following buys markets that are rising and sells those that are falling. Learn the rules, the evidence, typical results and why patience pays.IntermediateBreakout TradingBreakout trading enters when price moves out of a range or past a key level. Learn setups, volume and volatility filters, stop placement and how to handle fakeouts.IntermediateRange TradingRange trading buys near support and sells near resistance while price moves sideways. Learn how to identify ranges, time entries and exit when a range breaks.IntermediateMomentum TradingMomentum trading buys assets that are rising fastest and sells those falling fastest. Learn the research, intraday and multi month methods and momentum crashes.IntermediateMean ReversionMean reversion trades bet that prices stretched far from their average will come back. Learn the signals, z scores, examples and the risk of fading strong trends.
Relative Value and Spreads
AdvancedPairs TradingPairs trading buys one asset and shorts a related one when their spread stretches, betting it will converge. Learn pair selection, hedge ratios, z scores and risks.AdvancedStatistical ArbitrageStatistical arbitrage trades many small, mean reverting mispricings across a portfolio of securities. Learn how stat arb works, its models, costs and risks.AdvancedSpread TradingSpread trading buys one contract and sells a related one to profit from changes in the difference between them. Learn the main types, margins and risks.AdvancedArbitrage StrategiesArbitrage strategies try to profit from price gaps between the same or linked assets. Learn the main types, worked examples and why arbitrage is rarely riskless.AdvancedCarry TradingCarry trading holds higher yielding assets funded by lower yielding ones to earn the difference. Learn how carry works across markets and why carry trades crash.AdvancedMarket MakingMarket making quotes both a buy and a sell price to earn the bid ask spread. Learn how market makers manage inventory, adverse selection and risk.
Event and Macro Strategies
IntermediateEvent-Driven TradingEvent driven trading positions around events like mergers, earnings, spin offs and index changes. Learn the main event types, how they are priced and their risks.IntermediateNews TradingNews trading reacts to headlines and economic releases as they hit the market. Learn the approaches, why surprises matter, the speed problem and how to manage risk.IntermediateEarnings TradingEarnings trading positions around quarterly company reports. Learn how expectations, guidance and implied moves drive reactions, and the main strategies.IntermediateMacro TradingMacro trading takes positions in currencies, rates, stocks and commodities based on economic views. Learn how macro traders think, build trades and manage risk.