Master
The master desk
Expectancy, drawdown, one idea at a time, and a weekly review. Mastery here means a repeatable process.
50 minutes • 5 lessons
You can review a month of practice without turning one lucky result into a rule.
- 01ExpectancyA method is a set of results, not the last result. Expectancy is the average of those results. • 12 min
- 02DrawdownDrawdown is how far the practice account fell from its high. It is the bill the method sends you. • 10 min
- 03One ideaA master student has one written idea. A beginner has five, and adds a sixth after a loss. • 9 min
- 04The weekly reviewOnce a week, read the journal against the plan. Do not do this while a trade is open. • 11 min
- 05What mastery meansMastery in this academy is a process you can repeat. It is not a promise that you will make money. • 8 min
AcademyTrade is education. It is not a broker, not investment advice, and not a promise that you will make money. Trading can lose the money you deposit.