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trading/colette/sprints/sprint-01.md
bill d794910697 Initialize trading project — Bill & Colette learning tracks
Two-person trading team setup: Bill (quant/algorithmic) and Colette (market observer).
Includes phase-by-phase curriculum, separate sprint tracks, trade journal templates,
roadmap to prop firm challenge, and agent handoff documentation.

Co-Authored-By: Claude Sonnet 4.6 <noreply@anthropic.com>
2026-05-11 09:54:19 -07:00

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Colette — Sprint 01: Chart Literacy

Track: Market Observer — Phase 1 Duration: 23 weeks (go at your own pace) Goal: Be able to look at any stock chart and describe what the price is doing.

No math. No formulas. Just learning to read the picture the market is drawing.


Setup

  • Log into TradingView (Bill will help with first login)
  • Set chart type to "Candles" and timeframe to "1D" (daily)
  • Add these tickers to a watchlist: SPY, QQQ, NVDA, DXYZ, AAPL

Week 1 — Reading Candlesticks

A candlestick shows 4 things: where price opened, where it closed, the highest point, and the lowest point that day.

Tasks:

  • Watch: look up "how to read a candlestick chart" on Investopedia (read the article, not YouTube)
  • On TradingView, hover over 5 different candles on SPY. Read the open/high/low/close values.
  • Find one green candle with a long wick on top — what does that wick mean?
  • Find one red candle with a long wick on the bottom — what does that mean?

Question to answer: On SPY's daily chart, is the price higher or lower than it was 6 months ago?


A trend is just: is price generally going up, down, or sideways?

Tasks:

  • Look at SPY on a weekly chart (change "1D" to "1W"). Describe the trend in one sentence.
  • Look at DXYZ on a daily chart. When did it spike? What was happening in the news at that time?
  • Look at QQQ. Draw a line (use the Line tool) connecting the recent lows. Is that line going up or down?
  • Compare NVDA and AAPL — which one has been stronger over the last 3 months?

Question to answer: If a stock is making higher highs and higher lows, is that an uptrend or downtrend?


Week 3 — Volume

Volume is how many shares were traded that day. High volume = people care. Low volume = nobody cares.

Tasks:

  • Find a day on SPY where volume was much higher than usual. What was happening?
  • Find a big up day on any ticker with LOW volume. Is that move trustworthy?
  • Look at DXYZ — was volume high when the price spiked? What does that tell you?

Sprint Milestone

By the end of this sprint, you should be able to:

  • Look at any chart and say: uptrend, downtrend, or sideways
  • Identify if a candle had a significant wick and explain what it means
  • Explain why volume matters
  • Describe what DXYZ did and why it's risky

Notes & Questions

(write down anything confusing — Bill can explain or we can look it up together)