bill
d794910697
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>
70 lines
2.5 KiB
Markdown
70 lines
2.5 KiB
Markdown
# Colette — Sprint 01: Chart Literacy
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**Track:** Market Observer — Phase 1
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**Duration:** 2–3 weeks (go at your own pace)
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**Goal:** Be able to look at any stock chart and describe what the price is doing.
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No math. No formulas. Just learning to read the picture the market is drawing.
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---
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## Setup
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- [ ] Log into TradingView (Bill will help with first login)
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- [ ] Set chart type to "Candles" and timeframe to "1D" (daily)
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- [ ] Add these tickers to a watchlist: SPY, QQQ, NVDA, DXYZ, AAPL
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---
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## Week 1 — Reading Candlesticks
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A candlestick shows 4 things: where price **opened**, where it **closed**, the **highest** point, and the **lowest** point that day.
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**Tasks:**
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- [ ] Watch: look up "how to read a candlestick chart" on Investopedia (read the article, not YouTube)
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- [ ] On TradingView, hover over 5 different candles on SPY. Read the open/high/low/close values.
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- [ ] Find one green candle with a long wick on top — what does that wick mean?
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- [ ] Find one red candle with a long wick on the bottom — what does that mean?
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**Question to answer:** On SPY's daily chart, is the price higher or lower than it was 6 months ago?
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---
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## Week 2 — Spotting Trends
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A trend is just: is price generally going up, down, or sideways?
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**Tasks:**
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- [ ] Look at SPY on a weekly chart (change "1D" to "1W"). Describe the trend in one sentence.
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- [ ] Look at DXYZ on a daily chart. When did it spike? What was happening in the news at that time?
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- [ ] Look at QQQ. Draw a line (use the Line tool) connecting the recent lows. Is that line going up or down?
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- [ ] Compare NVDA and AAPL — which one has been stronger over the last 3 months?
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**Question to answer:** If a stock is making higher highs and higher lows, is that an uptrend or downtrend?
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---
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## Week 3 — Volume
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Volume is how many shares were traded that day. High volume = people care. Low volume = nobody cares.
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**Tasks:**
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- [ ] Find a day on SPY where volume was much higher than usual. What was happening?
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- [ ] Find a big up day on any ticker with LOW volume. Is that move trustworthy?
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- [ ] Look at DXYZ — was volume high when the price spiked? What does that tell you?
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---
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## Sprint Milestone
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By the end of this sprint, you should be able to:
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- [ ] Look at any chart and say: uptrend, downtrend, or sideways
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- [ ] Identify if a candle had a significant wick and explain what it means
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- [ ] Explain why volume matters
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- [ ] Describe what DXYZ did and why it's risky
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---
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## Notes & Questions
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_(write down anything confusing — Bill can explain or we can look it up together)_
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