WealthWiseGuys Trading Lab · Philadelphia & online

Learn the market. Read the chart. Build the trade.

All six lessons are built and interactive — indicators, price action, building the trade, risk management, options foundations, and paper trading with a journal. Plain language first, professional terms second, accurate either way. Every chart is an original synthetic diagram. This is education, not signals, and never a promise of profit.

Structure before indicators

You learn price behavior first — trend, support, resistance, breakouts — then add math on top.

Indicators used correctly

EMA, SMA, RSI, Volume, VWAP, MACD, Bollinger Bands — defined accurately, used as context.

Process you can grade

SETUP → ENTRY → STOP → TARGET → SIZE, then paper trade and review it weekly.

The course

Six lessons, in order

Work through them top to bottom. Each lesson ends in a scored checkpoint — 80% passes it and opens the next one. Free, no account, no paywall.

0 of 6 lessons passed · 44 concepts in the course

Each lesson ends in a scored checkpoint. 80% passes it and unlocks the next lesson. Progress is stored in this browser only — no account, nothing sent to a server, and passing is a comprehension check, not a certification or a performance claim.

  1. Lesson 1

    Open

    Indicators & Context

    Trading Indicators: What They Mean and How to Use Them

    Ten concepts taught the way we teach them in the room: plain talk first, the professional term second, an original chart to look at, then one question to check you actually got it. Candles, structure, levels, EMA/SMA, RSI, Bollinger Bands, MACD, VWAP, volume and top-down timeframes.

    10 concepts · 10-question checkpoint

  2. Lesson 2

    Pass lesson 1

    Price Action

    Structure, Ranges, Breakouts and the Moves That Fail

    Indicators are math on top of price. This lesson is the price itself: how structure shifts, what a range really is, why breakouts fail, what a retest gives you, and how the timeframes fit together.

    7 concepts · 8-question checkpoint

  3. Lesson 3

    Pass lesson 2

    Build the Trade

    SETUP → ENTRY → STOP → TARGET → SIZE

    Turning a read into a written plan. Setup, context, trigger, entry, invalidation, target, reward-to-risk, catalyst — and the skip conditions that keep you out of the trades that were never yours.

    7 concepts · 8-question checkpoint

  4. Lesson 4

    Pass lesson 3

    Risk Management

    Sizing, R Multiples, Expectancy and the Cost of One Bad Day

    The part that decides whether you're still here in six months. Maximum planned risk, risk per share, position sizing, R multiples, expectancy, drawdown, daily loss limits, and the honest limits of a stop order.

    7 concepts · 8-question checkpoint

  5. Lesson 5

    Pass lesson 4

    Options Foundations

    Contracts, Premium, Greeks and Where the Real Risk Lives

    Calls, puts, strikes, expiration, premium, intrinsic and extrinsic value, moneyness, the Greeks and implied volatility — with a straight answer on what you can lose. Synthetic examples only, no profit claims.

    7 concepts · 8-question checkpoint

  6. Lesson 6

    Pass lesson 5

    Paper Trading & Journal

    Reps, Records and Grading Yourself on Process

    Where the whole thing becomes a habit. Paper-trading workflow, the pre-trade plan, the journal, rule-violation tracking, the process score, a 30-day roadmap and the final Trading Lab Challenge.

    6 concepts · 8-question checkpoint

Guided read

Walk one chart, step by step

An original synthetic chart with numbered steps: read the structure, find the pullback, then watch momentum strengthen again. Labelled illustrative — no live market data.

Guided chart read

Uptrend, pullback to the 20 EMA, momentum returns

Illustrative / Not Market Data
Rising 20 EMAPrice (synthetic)7030RSI ≈ 72 → 52 → 60123

Step 1 of 3

Identify uptrend structure

Price is stair-stepping: each swing high is higher than the last, and each pullback low is higher than the last. Higher highs plus higher lows is uptrend structure — read this before you look at a single indicator.

None of these three observations guarantee a winning trade. Structure can fail on the next candle, momentum can roll over, and a clean-looking setup can still lose. This is a reading exercise, not a signal.

The framework

Order of operations

Two chains to memorise, and one to avoid.

Order of operations

Read it in this order

PRICESTRUCTUREINDICATORSENTRYRISK

Price first, structure second, indicators third. Indicators confirm — they never lead.

Build the trade

SETUPENTRYSTOPTARGETSIZE

Size comes last because it depends on the distance between entry and stop. If you can't write all five, there's no trade.

The anti-pattern

How accounts actually die

BUYHOPEPANIC

It's funny until it's your money. There's no setup, no invalidation and no size — so the only exit left is emotion. Every professional framework exists to replace hope with a number you wrote down before you clicked.

  • No written invalidation means you decide while losing money.
  • No planned risk means position size is set by mood.
  • No plan means nothing to review, so nothing improves.

New · free lesson

The Market Cycle: where money tends to rotate

An interactive animated wheel that teaches sector rotation across the economic cycle in plain language, plus economic signal → market reaction flows, good vs bad rate cuts, and an 8-question quiz. Teaching framework only — never a signal.

Foundations

Five foundation levels

The original 5-level orientation track, kept as a quick reference alongside the six lessons.

Progress: 0 of 5 levels marked complete

Progress is saved in this browser, so your levels stay marked when you refresh or come back later. Free — no payment or account required.

Level 1 · 45 min

Understand the Market

Before charts, understand what you are actually buying and who is on the other side.

Unlocked

What's covered

  • What a share of stock represents
  • Buyers and sellers, supply and demand
  • Bid, ask and the spread
  • Volume: how much actually traded
  • Market, limit and stop orders
  • Trading vs. investing time horizons

Get this right

  • A stock price moves because of buying and selling pressure — more aggressive buyers than sellers pushes price up, the reverse pushes it down.
  • The bid is the highest price a buyer is currently willing to pay. The ask is the lowest price a seller will accept. The gap between them is the spread, and it is a real cost.
  • A market order prioritizes getting filled. A limit order prioritizes price and may never fill. A stop order becomes an order once a trigger price trades — it does not guarantee the fill price.
  • Investing usually holds for years based on the business. Trading works shorter timeframes based on price behavior and defined risk. Different tools, different rules.

Level 2 · 60 min

Read the Chart

The chart is a record of decisions. Learn to read structure before you read anything else.

Locked

Finish Level 1 to open this level. The order matters — structure before indicators, indicators before execution.

Level 3 · 60 min

Use Indicators Correctly

Indicators are math on top of price. They confirm context. Price leads.

Locked

Finish Level 2 to open this level. The order matters — structure before indicators, indicators before execution.

Level 4 · 60 min

Build the Trade

A trade is a written plan with a defined loss, not a feeling.

Locked

Finish Level 3 to open this level. The order matters — structure before indicators, indicators before execution.

Level 5 · ongoing

Practice & Journal

You are graded on process, not on a single outcome.

Locked

Finish Level 4 to open this level. The order matters — structure before indicators, indicators before execution.

Lab tools

Size the trade. Write the plan. Log the review.

Free for members — sign up for a free WealthWiseGuys account to open the tools. Everything here is educational math kept local to your browser — nothing is a recommendation.

Checking your access…

The position-size calculator, reward-to-risk calculator, trade plan worksheet, journal and 30-day practice roadmap are free. Create a free WealthWiseGuys account and they open right away — no payment, no card.

  • Position sizing and reward-to-risk math tools
  • Trade plan worksheet and post-trade journal
  • 30-day guided paper-trading roadmap

Lessons and the guided charts stay free and open to everyone. Education only — no signals, no promise of profit.

Practice

Your first 30 days

Repetition builds skill. Four weeks, one focus each, all on paper — tick them off as you go.

Checking your access…

The position-size calculator, reward-to-risk calculator, trade plan worksheet, journal and 30-day practice roadmap are free. Create a free WealthWiseGuys account and they open right away — no payment, no card.

  • Position sizing and reward-to-risk math tools
  • Trade plan worksheet and post-trade journal
  • 30-day guided paper-trading roadmap

Lessons and the guided charts stay free and open to everyone. Education only — no signals, no promise of profit.

Join the lab

Register your interest

Tell us where you're starting from and what you want to learn. A real person follows up by email — we don't run automated blasts.

Founding Philadelphia Cohort

Date & venue coming soon

We're finalizing the first in-person Philadelphia session. Register interest and you'll be contacted directly when the date and venue are confirmed. No ticket price is set yet.

Join the Trading Lab

Tell us what you want to learn — no account needed for this form. The lessons, charts and tools are all free; the tools just need a free member account to open. Education only; we never place trades or promise returns.

What do you most want to learn?

Risk education — read this

  • Trading involves substantial risk and can cause rapid losses. You can lose money quickly.
  • Options can lose 100% of the premium paid, and can expire worthless.
  • Some short-option and margin strategies can involve losses much larger than the amount you put up.
  • Stop orders reduce uncertainty but do not guarantee an exact execution price. Gaps and fast markets can fill worse than your stop.
  • There is no guaranteed income, no guaranteed return, and no signal service here. This is education, not investment, tax or legal advice.
  • WealthWiseGuys does not manage money, place trades for you, or tell you what to buy or sell.

All charts and examples on this page are original synthetic diagrams created for teaching and are labeled illustrative. They are not live or historical market data.