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>
118 lines
5.0 KiB
Markdown
118 lines
5.0 KiB
Markdown
# Colette's Learning Track — Market Observer
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**Background:** News-aware, macro-focused, strong intuition for market narratives
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**Role:** Observe and flag — identify macro themes, news catalysts, sector strength, and trade ideas
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The goal is to build on the market awareness you already have and give it a framework.
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You're not learning to trade from scratch — you're learning to translate what you see into
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structured ideas that can be tested and acted on.
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---
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## Phase 1 — Chart Literacy (TradingView Basics)
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**Goal:** Read a chart and understand what it's showing — no indicators yet
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- [ ] What a candlestick shows (open, high, low, close)
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- [ ] What timeframes mean (daily vs weekly vs monthly)
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- [ ] How to spot a trend (is price making higher highs, or lower lows?)
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- [ ] What volume tells you (is this move significant?)
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- [ ] How to use TradingView: add a ticker, change timeframe, draw a line
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- [ ] What a 52-week high/low means and why people watch it
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**Exercise:** Pull up 3 tickers. For each: is it in an uptrend, downtrend, or sideways? Is volume rising or falling?
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**Milestone:** Can look at a chart and describe what the price is doing
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---
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## Phase 2 — News & Macro Awareness
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**Goal:** Connect the news you're already reading to what it means for price
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- [ ] What the Fed does and why interest rates matter to stocks
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- [ ] What earnings season is and how it affects price
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- [ ] What sector rotation means (money moving from tech → energy, etc.)
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- [ ] Understanding the difference between a news catalyst and a hype cycle
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- [ ] How to cross-reference a news story with the actual chart — was the move already priced in?
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- [ ] The DXYZ case study: what premium-to-NAV means, and what the historical pattern looks like
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**Key habit:** When you see a headline or hear a recommendation, check the chart first:
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1. Did the price already move before this news broke?
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2. What's the proposed exit — where would you get out if wrong?
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3. What does the broader sector look like?
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**Exercise:** Read a financial headline and check the chart of the ticker mentioned. Write one sentence: did the chart confirm the story, or had the move already happened?
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**Milestone:** Can explain why the DXYZ premium exists and what historical precedents look like
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---
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## Phase 3 — Sector & Macro Indicators
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**Goal:** Know the high-level picture before looking at individual stocks
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- [ ] The major S&P 500 sectors (XLK, XLE, XLF, XLV, etc.) and how to track them
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- [ ] What the VIX is and what elevated fear looks like on a chart
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- [ ] How to read a sector heatmap (TradingView has one built in)
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- [ ] What the yield curve is (simplified: are long rates higher than short rates?)
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- [ ] Dollar strength (DXY) and its relationship to commodities and international stocks
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- [ ] How to identify the strongest sector and focus there
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**Exercise:** Every Sunday, look at the sector ETFs for the past week. Which sector was strongest? Which was weakest? Write it down. Do this for 4 weeks in a row.
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**Milestone:** Can give a 2-minute sector summary each week
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---
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## Phase 4 — Generating Trade Ideas
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**Goal:** Turn observations into structured, communicable ideas for Bill to evaluate
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A strong trade idea connects what you're seeing in the news or macro picture to what's happening on the chart.
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**Example:**
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- Weak: "I read that SpaceX is doing something big."
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- Strong: "XLK has been the strongest sector 3 weeks running, NVDA just broke to a new 52-week high on heavy volume, and earnings are in 3 weeks — might be worth a look."
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**Format for flagging an idea:**
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```
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Ticker:
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Why I noticed it: (news, chart, sector strength)
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What the chart looks like: (uptrend / breakout / pullback to support)
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Timeframe: (daily / weekly)
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Questions for Bill: (anything to backtest or dig into)
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```
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- [ ] Submit 2 trade ideas per week using the format above
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- [ ] Review together: did the idea have merit? What happened?
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- [ ] Build a personal watchlist of 10–15 tickers you understand well
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**Milestone:** 8 trade ideas submitted, at least 3 that Bill validated as having a testable edge
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---
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## Phase 5 — Prop Challenge Support
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**Goal:** Be the eyes during the trading day while Bill's system runs
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- [ ] Monitor the watchlist for news that could affect open trades
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- [ ] Flag upcoming macro events (Fed meeting, CPI report, earnings)
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- [ ] Keep a simple daily log: what happened in the market today (2–3 sentences)
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- [ ] Review open positions: is the original thesis still intact?
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**Milestone:** Consistent daily market log for 30 days
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---
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## Recommended Resources
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| Resource | What It's Good For |
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|----------|-------------------|
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| TradingView (free) | Charts, sector heatmap, economic calendar |
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| Finviz.com | Sector/market overview at a glance |
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| FRED (St. Louis Fed) | Real macro data — interest rates, inflation, jobs |
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| Investopedia | Clear definitions for any term |
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**A useful filter for any recommendation you encounter:** Does the person showing you this also show you the data behind it? A good idea holds up to a chart check.
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