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Learn to trade, properly.

A complete curriculum in plain English — charts, risk, psychology, options. Every guide teaches an idea, puts it in your hands with interactive figures and graded drills, then makes you prove it on a master test. No mastery is handed out for reading.

Start the pathBrowse by trackTrading wisdom41 guides · ~5 hours of reading, plus the reps
Before you sprint off

Pace yourself. This is training, not scrolling.

Nobody gets strong by visiting the gym once, for nine hours. The traders this path actually works for treat it the same way — short sessions, honest reps, and a day between them. Five habits, from students who made it stick:

1
One guide a day beats seven on Sunday.

This path is a full course — a term's worth of trading education. Spacing is what makes it stick: read one guide, do its reps, and let it settle overnight.

2
Do the reps, even when you could skip them.

Reading feels like learning. It isn't, yet. The inline drills are where an idea becomes something your eyes do on their own.

3
Take the master test cold — then again next week.

Passing on the day you read is memory. Passing seven days later, on fresh charts, is knowledge. Retakes are free and always on new material.

4
Don't trade a lesson the day you learn it.

Let every new idea survive a week of just watching charts before it touches money. The market will still be there — it always is.

5
When a test humbles you, that's the product working.

A failed scorecard points at exactly the sections to reread. Review, retake, move on. Nobody's counting your attempts — only the market grades harshly.

Options: the machine

How an option actually works — the contract, the payoff shapes, what a premium is made of, the Greeks, the chain, and what really happens at expiration.

8 minDrills + test
What is an option?

The right, not the obligation, to buy or sell at a set price — calls, puts, strikes, premiums, and why the buyer can only lose what they paid.

Read guide
8 minDrills + test
Payoff diagrams

The profit-and-loss shape of every option position — long and short calls and puts, breakeven, and why buyers cap risk while sellers cap reward.

Read guide
8 minDrills + test
How options are priced

What a premium is actually made of — real value plus priced hope, the five inputs that set it, and why the famous formula is an opinion, not a law.

Read guide
8 minDrills + test
The Greeks

Delta, theta, vega and gamma — how an option's price moves with direction, time and volatility before it expires, and what a buyer is really up against.

Read guide
8 minDrills + test
Implied volatility

IV is the market's forecast of movement, baked into every premium — why options swell before earnings, how to tell if IV is high or low, and why buyers get crushed.

Read guide
8 minDrills + test
Reading an option chain

The chain is the market's menu — learn the four columns that matter, the skew hiding in the IV column, and the forecast the whole table adds up to.

Read guide
7 minDrills + test
Expiration & assignment

The end of an option's life is a process with rules, not a trap — the three endings, what assignment really means, and why early assignment is rarer than the forums say.

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Options: the playbook

Using the machine well — income, insurance, spreads, volatility bets, and the craft of picking strikes and managing the live trade.

8 minDrills + test
Covered calls & puts

The two entry-level income strategies — sell a call against shares you own, or a put against cash you'd invest — collecting premium in exchange for an obligation.

Read guide
7 minDrills + test
Protective puts & collars

Options as insurance — the married put that floors your downside, the collar that pays for it, and the honest math of what protection costs.

Read guide
8 minDrills + test
Vertical spreads

Combine two options into one defined-risk trade — the bull call and bear put spreads, why they beat a naked option on cost, and the upside you trade away.

Read guide
7 minDrills + test
Straddles & strangles

Buy a call and a put together and direction stops mattering — what you're trading now is the size of the move against the price of the move.

Read guide
8 minDrills + test
Butterflies & iron condors

Neutral, defined-risk strategies that pay off when a stock stays put — the iron condor's wide zone and the butterfly's precise pin.

Read guide
8 minDrills + test
Choosing strikes & expirations

The decision the strategy guides skip — which strike, which date. Delta as your odds column, the expected move as your yardstick, and time bought to outlive the thesis.

Read guide
8 minDrills + test
Managing the options trade

The craft after the click — when to take the win, how to exit a broken thesis, what a legitimate roll looks like, and the three exits every trade needs in advance.

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Then prove it on a paper account

Reading builds the idea and the drills sharpen the eye — paper trading is where it becomes a habit. Take everything you've learned to one paper account, one order ticket, one journal, on real market data: the closest thing to the real thing before the real thing.

More on the way

The curriculum keeps growing — new guides get the full treatment: figures, drills, and a master test.

The gamma squeeze
Wyckoff: the events & phases
Volume profile basics
Calendar & diagonal spreads
Hedging a whole portfolio
Your input
What should we teach next?

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