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The 52-Week Alpha Curriculum

Four terms, fifty-two weeks — every book in the school, assigned. Curriculum & Assessment · Team Alpha Trading

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Welcome to the full Alpha Academy school year. This document turns the library into a schedule: what to read, what to practice, and what evidence proves you are ready to move on. A term is a 13-week block of study. A pass mark is the standard you must meet before the next week counts. It is evidence — a score, a completed calculation, or a clean journal entry — not a feeling that the material seemed familiar.

You will use only the Academy library: Level 1 (AA), the Practice Pack (PP), Level 2 (AA2), Level 3 (AA3), and Worked Examples (EX). Keep Alpha Trading Glossary open whenever a word is new in Term 1, and keep Quick Reference Cheat Sheets beside your practice work. From Term 2 onward, use Glossary — Expanded Edition as the expanded dictionary.

How Each Week Works

Plan on about five to seven hours per week. If your schedule is smaller, split a curriculum week across two calendar weeks; do not skip the pass mark.

  • Three study blocks (45–60 minutes each): Read the assigned material once for the story, then again for the numbers. Write down every term you cannot define out loud and look it up before the block ends. Finish each module's Check Yourself questions without looking at the answers.
  • Two practice blocks (60–90 minutes each): Do the assigned workbook, example, or paper-trading work. Show calculations step by step. For an EX document, cover What Happened and The Lesson until you have calculated the result yourself.
  • One review block (30–45 minutes): Mark every error, write why it happened, and redo the missed item. Record the week's score and unfinished items in Trading Journal Pages. Use the review pages in Weekly Review & Checklists at the end of each week.

A module is not complete when the last page is read. It is complete when you can explain the idea, do its math, and recognize the common mistake without help. If you miss a pass mark, repeat the practice — not necessarily the whole week — and test again.

Your Study Kit and Curriculum Record

Before Week 1, set up four simple records. They can be paper pages, printed Practice Pack pages, or digital copies, but keep them together so your evidence is easy to inspect.

  • Reading log: Write the date, document code, pages or sections finished, and three ideas you can now explain. A check mark alone is not a useful record; the three explanations show whether reading turned into understanding.
  • Calculation sheet: Keep the work for every premium, breakeven, position-size, futures-dollar, payoff, and expectancy problem. Write the formula first, substitute the numbers second, and label the answer in dollars, points, ticks, shares, or contracts. Most “math mistakes” are really unit mistakes.
  • Error log: Record the question or trade, what you did, what should have happened, and the document code that teaches the correction. Review this log at the start of each review block. A repeated error becomes the next week's first assignment.
  • Evidence folder: Save completed workbook pages, challenge logs, score sheets, plan versions, and Board Week journals. At graduation, this folder — not your memory of having read the library — is what demonstrates completion.

Use the same order every time you study: read, close the document, explain, calculate, check, and record the miss. This feels slower than highlighting pages, but it is the difference between recognizing an answer when you see it and producing the answer when a decision depends on it.

When Life Interrupts the Calendar

Missing days does not break the curriculum. Missing evidence does. If you stop for a week, return to the last week whose pass mark was fully met; do not restart the whole term unless your records show that the earlier work was never tested. If you have forgotten vocabulary but still pass the calculations, review Glossary Flashcards & Study Sheets or Alpha Trading Glossary for two short blocks and retest. If you can define the words but cannot do the work, repeat the practice block instead.

Never compress three curriculum weeks into one weekend to “catch up.” The spacing is part of the design: it gives you time to forget a little, retrieve the idea, correct the error, and discover whether the skill stayed with you. A slower year with complete records is worth more than a fast pass through every PDF.

Term 1 — Foundations (Weeks 1–13)

Term 1 builds the language of the whole market. You will move from what a stock is to orders, charts, analysis, options, futures, other markets, risk, psychology, planning, accounts, and safety. The Practice Pack workbooks are not optional extras: they are where reading becomes skill.

WeekReadPracticePass Mark
1Academy Index, Welcome to Alpha Academy, What Is the Stock Market?Workbook 1: Foundations, Welcome to Alpha Academy and What Is the Stock Market? sections; set up a paper-trading section in Trading Journal PagesExplain what a market, exchange, index, and share are without notes; score at least 4/5 on each module's Check Yourself after review
2Stocks A–Z, The Language of the MarketWorkbook 1: Foundations, Stocks A–Z and The Language of the Market sectionsDefine ticker, market cap, dividend, split, bid, ask, and spread out loud; complete the workbook calculations and correct every miss
3How Trading Actually Works, Reading Charts & CandlesticksWorkbook 1: Foundations, How Trading Actually Works and Reading Charts & Candlesticks sections; use Poster: Candlestick Patterns while labeling candle partsChoose the right order type in each workbook scenario; label open, high, low, close, body, and wicks without help
4Technical Analysis A–Z, Chart Patterns & Price ActionWorkbook 2: Analysis, Technical Analysis A–Z and Chart Patterns & Price Action sections; use Poster: Chart Patterns as the pattern referenceIdentify trend, support, resistance, breakout, and failed breakout in the workbook cases; explain why a pattern is not a guarantee
5Fundamental Analysis A–Z, What Moves MarketsWorkbook 2: Analysis, Fundamental Analysis A–Z and What Moves Markets sectionsRead the workbook's company figures, identify what an earnings report can change, and connect an interest-rate, inflation, jobs, or earnings event to a market scenario
6Options Part 1: The Basics, Options Part 2: Pricing & the GreeksWorkbook 3: Options, Options Part 1: The Basics and Options Part 2: Pricing & the Greeks sectionsFor practice contracts, calculate premium cost, breakeven, and maximum loss; state how delta, theta, and implied volatility would help or hurt each position
7Options Part 3: Strategies, Options Part 4: Risk & 0DTEWorkbook 3: Options, Options Part 3: Strategies and Options Part 4: Risk & 0DTE sections; use Poster: The Greeks while checking each structureBuild payoff tables for the assigned strategies; state maximum gain, maximum loss, and breakeven before checking the answers
8Futures A–Z, ETFs, Index Funds & Mutual FundsWorkbook 4: Futures & Markets, Futures A–Z and ETFs, Index Funds & Mutual Funds sectionsConvert points and ticks into dollars for ES, MES, NQ, MNQ, GC, and CL; explain margin and contract rollover; distinguish an ETF from a mutual fund
9Forex & Crypto Basics, Bonds, Rates & CommoditiesWorkbook 4: Futures & Markets, Forex & Crypto Basics and Bonds, Rates & Commodities sectionsComplete the currency, bond-yield, rate, and commodity scenarios; name one specific danger in each market before checking the key
10Risk Management A–Z, Trading Psychology & DisciplineWorkbook 5: Risk, Psychology & Rules, Risk Management A–Z and Trading Psychology & Discipline sections; post Poster: The Risk Rules where you studyUse the position-size formula correctly on every drill; identify the emotion or bias in each psychology scenario and write the planned response
11Trading Plan & Journal, Accounts, Margin, Rules & TaxesWorkbook 5: Risk, Psychology & Rules, Trading Plan & Journal and Accounts, Margin, Rules & Taxes sections; draft your plan in Trading Plan Template and start Trading Journal PagesProduce a one-page paper-trading plan with market, hours, maximum risk, stop rule, and review time; explain margin, settlement, pattern-day-trader, and wash-sale basics in your own words
12Safety: Scams & Protecting Your MoneyWorkbook 5: Risk, Psychology & Rules, Safety: Scams & Protecting Your Money section; finish Trading Plan Template; set daily and weekly checklists from Weekly Review & ChecklistsSpot every planted scam or safety failure in the workbook scenarios; your plan and journal are ready to use, with no blank risk fields
13Alpha Trading Glossary, Quick Reference Cheat SheetsRedo only the missed sections from Workbook 1: Foundations through Workbook 5: Risk, Psychology & Rules; complete a full weekly review in Weekly Review & ChecklistsFind and define 25 assigned glossary terms without a search shortcut; every workbook miss has been corrected and explained; score at least 4/5 on a self-selected Check Yourself set from five different modules

Term 2 — The Market Underneath (Weeks 14–26)

Term 2 asks what is happening behind the price: displayed orders, completed trades, market-wide participation, volatility, advanced structures, account-wide exposure, systems, long-term investing, retirement accounts, taxes, and history. The flashcards in Glossary Flashcards & Study Sheets become a weekly habit. Notice that Glossary Flashcards & Study Sheets has no X section; the schedule follows the sections that exist. The Level 1 Final Exam is deliberately placed at the end of this term, after spaced review has had time to work.

WeekReadPracticePass Mark
14Level 2 Index, Welcome to Level 2, Level 2 Quotes & the TapeGlossary Flashcards & Study Sheets, Part 1 and Part 2, letters A–B; annotate three paper-session charts in Trading Journal PagesExplain the difference between a displayed order and a completed trade; define at least 90% of the A–B terms on the second attempt
15Order Flow Basics, Market InternalsGlossary Flashcards & Study Sheets, letters C–D; build a one-page market dashboard in Trading Journal Pages from the gauges taught this weekInterpret aggressive buying or selling, breadth, TICK, and put/call evidence without treating any one gauge as proof
16Volatility & the VIX A–Z, Trading Earnings & IV CrushGlossary Flashcards & Study Sheets, letters E–F; work Examples: Options Trades, Examples 1–5, calculating each result before reading the lessonCalculate an expected move from implied volatility; explain IV crush and why being right about direction can still lose money
17Calendar & Diagonal Spreads, Butterflies & Advanced StructuresGlossary Flashcards & Study Sheets, letters G–H; make payoff tables for one calendar, one diagonal, and one butterfly from the modulesState each structure's maximum loss from its terms; identify the undefined-risk danger described in Butterflies & Advanced Structures without notes
18Portfolio Greeks & Hedging, The DOM & Footprint ChartsGlossary Flashcards & Study Sheets, letters I–J; work Examples: Futures Trades, Examples 1–4Add a small practice portfolio's directional exposure on paper; convert every futures result in Examples: Futures Trades by both points and ticks, with no dollar errors
19Trading the Open, Swing Trading A–ZGlossary Flashcards & Study Sheets, letters K–L; work Examples: Three 0DTE Days, Examples 1–3Write an opening plan and a swing plan that include invalidation, overnight risk, and a reason to take no trade
20Building & Backtesting a SystemGlossary Flashcards & Study Sheets, letters M–N; create a simple rules log in Trading Journal Pages and test the module's expectancy examples by handCalculate expectancy from a win rate, average win, and average loss; explain overfitting and why a pretty test result is not proof
21Gamma & Dealer Positioning, Trading With GEX LevelsGlossary Flashcards & Study Sheets, letters O–P; mark a practice chart with the environment, flip, and wall concepts from the readingsExplain positive and negative gamma environments in plain English; state what a level cannot tell you and what other evidence you would require
22Long-Term Investing & Portfolio Building, Retirement Accounts Deep DiveGlossary Flashcards & Study Sheets, letters Q–R; add a long-term section to Trading Plan Template that is separate from the trading planBuild a sample allocation, state the job of each holding, and explain account-type and employer-match basics without inventing a current contribution limit
23Trader Taxes Advanced, Case Studies: Crashes & ManiasGlossary Flashcards & Study Sheets, letters S–T; make a timeline of the three case studies and list the risk failure in eachDistinguish the tax topics at the education level taught; name the shared lesson across 2008, 2020, and the GameStop episode without blaming one cause for everything
24Glossary — Expanded Edition; review Level 2 Quotes & the Tape, Order Flow Basics, Market InternalsGlossary Flashcards & Study Sheets, letters U–V; work Examples: Reading Charts, Examples 1–5 before reading each lessonDefine at least 90% of U–V terms on the second attempt; calculate every Examples: Reading Charts position size and loss correctly
25Glossary — Expanded Edition; review Volatility & the VIX A–Z through Trading With GEX Levels weak spotsGlossary Flashcards & Study Sheets, letters W, Y, and Z; work Examples: Risk Disasters & Saves, Examples 1–3; complete a term review in Weekly Review & ChecklistsShow the same trade under the disaster rules and Academy rules; every number matches the answer you calculated before reading the lesson
26Alpha Trading Glossary, Quick Reference Cheat Sheets for final Level 1 reviewTake Alpha Academy Final Exam closed-book; grade only afterward with Final Exam — Answer Key; redo the Level 1 workbook section named for every missScore at least 80% on Alpha Academy Final Exam; write the module to re-study beside every wrong answer; no uncorrected errors remain in Trading Journal Pages

Term 3 — Choose Your Arena (Weeks 27–39)

Choose one Level 3 track and stay with it. Track A is 0DTE options: The 0DTE Arena through The 0DTE Playbook, matched with Examples: Three 0DTE Days. Track B is futures day trading: The Futures Setup through The Futures Routine, matched with Examples: Futures Trades. Track C is swing and position trading: The Swing Framework through The Weekly Swing Routine, matched with Examples: Swing Trades. In the table, “Track Module 1” means The 0DTE Arena, The Futures Setup, or The Swing Framework, according to your track; the same pattern applies to Modules 2–5. Everyone also works Examples: Risk Disasters & Saves, because risk disasters are not arena-specific.

The The 30-Trade Paper Challenge 30-Trade Paper Challenge begins after you study your track's risk module. A trade counts only when it follows the setup and plan you wrote in advance. Never invent a trade just to reach a number. If too few valid chances appear, carry the remaining count forward; a blank or “no trade” journal entry is better practice than a forced trade.

WeekReadPracticePass Mark
27Level 3 Index; Track Module 1: The 0DTE Arena, The Futures Setup, or The Swing FrameworkWork Examples: Risk Disasters & Saves, Example 1; write your arena choice and its main risk in Trading Plan TemplateName one arena only; explain its defining risk and why the other two tracks are parked until this one is finished
28Track Module 2: 0DTE Structures, Futures: Trading the Open, or Position Trading & Trend FollowingWork the first matched example: Examples: Three 0DTE Days Example 1, Examples: Futures Trades Examples 1–2, or Examples: Swing Trades Example 1; begin The 30-Trade Paper Challenge, Step 1Reproduce the structure, opening-range, or position-building math without the document open; your draft challenge setup has entry, exit, invalidation, and maximum risk fields completed
29Track Module 3: 0DTE Timing & the Session Map, Trend Days vs Range Days, or Swinging With OptionsWork Examples: Three 0DTE Days Example 2, Examples: Futures Trades Example 3, or Examples: Swing Trades Example 2; finish The 30-Trade Paper Challenge, Step 1Explain the timing, day-type, or options-structure choice in the example; your challenge plan states when you will not trade
30Track Module 4: 0DTE Risk Commandments, Futures Risk & the Daily Stop, or Managing a Book of SwingsWork Examples: Three 0DTE Days Example 3, Examples: Futures Trades Example 4, or Examples: Swing Trades Example 3; read all of The 30-Trade Paper Challenge's Rules, R, and Plan Grade sectionsCalculate risk before outcome for every assigned example; write a daily or per-trade loss limit and the exact action you will take when it is reached
31Track Module 5: The 0DTE Playbook, The Futures Routine, or The Weekly Swing RoutineStart The 30-Trade Paper Challenge, Trades 1–10; target Trades 1–3 only if valid setups occur; log each trade or no-trade decision in Trading Journal PagesEvery taken trade has a prewritten plan, size calculation, stop or invalidation, exit, and Plan Grade; no trade is justified after the fact
32Re-read Track Modules 1–2Work Examples: Risk Disasters & Saves, Example 2; target The 30-Trade Paper Challenge Trades 4–7; complete The 30-Trade Paper Challenge, Week 1 Check-In if the first log block is under wayYour journal shows the same process on winning and losing trades; identify one repeated execution error and the correction you will test next
33Re-read Track Module 3Work Examples: Risk Disasters & Saves, Example 3; target The 30-Trade Paper Challenge Trades 8–10 and finish the Trades 1–10 log blockRecalculate each futures, options, or share position from entry to exit; no unexplained dollar amount appears in the log
34Re-read Track Module 4Start The 30-Trade Paper Challenge, Trades 11–20; target Trades 11–14; complete The 30-Trade Paper Challenge, Week 2 Check-InRisk stayed inside the written cap on every trade; any rule break is marked as a rule break, even if the trade made simulated money
35Re-read Track Module 5Target The 30-Trade Paper Challenge Trades 15–17; redo the matched EX document's hardest example without reading its lesson firstYour routine can be followed from the page by another student; your recalculated example matches the document's result
36Review your two weakest track modules, chosen from your journal evidenceTarget The 30-Trade Paper Challenge Trades 18–20 and finish the Trades 11–20 log block; complete a weekly review in Weekly Review & ChecklistsName the weakness with journal evidence, not mood; show the re-study questions answered at 4/5 or better
37Review Risk Management A–Z and Trading Psychology & DisciplineStart The 30-Trade Paper Challenge, Trades 21–30; target Trades 21–24; complete The 30-Trade Paper Challenge, Week 3 Check-InYour maximum planned risk, actual simulated loss, and R result agree across Trading Journal Pages and The 30-Trade Paper Challenge; emotional triggers are recorded before they repeat
38Review Building & Backtesting a System and your track's risk moduleTarget The 30-Trade Paper Challenge Trades 25–27; audit a sample of five journal entries against Trading Plan TemplateCompute the challenge expectancy so far from wins, losses, and R; state whether the sample is too small to prove an edge — it is
39Review your track's playbook or routine module: The 0DTE Playbook, The Futures Routine, or The Weekly Swing RoutineTarget The 30-Trade Paper Challenge Trades 28–30; complete The 30-Trade Paper Challenge, Week 4 Check-In and Final Scorecard, or carry the exact remaining count into Week 40Present 30 fully logged trades or an exact carry-forward list; the scorecard grades rule-following separately from simulated profit and loss

Term 4 — Mastery and the Board (Weeks 40–52)

Term 4 gives you two honest choices. Take the Depth Route if you want to master the arena you chose in Term 3. Take the Second-Track Route if your first track is complete and you deliberately want a second arena. Do not drift between them. “Next Track Module” below means the next unfinished module in a track you have not completed: The 0DTE Arena through The 0DTE Playbook, The Futures Setup through The Futures Routine, or The Swing Framework through The Weekly Swing Routine. On the Depth Route, replace it with a closed-book re-study of the same-numbered module from your first track.

The Board is Alpha Academy's final review process. It is not a license, a job qualification, or proof that real-money trading will be profitable. It tests whether your plan, calculations, journal, and behavior agree with one another under review.

WeekReadPracticePass Mark
40Level 3 Index; Next Track Module 1 or Depth Review 1Finish any The 30-Trade Paper Challenge trades carried from Week 39; complete a full plan audit in Weekly Review & ChecklistsChoose Depth or Second Track in writing; every carried trade is completed or formally closed as unfilled in the journal
41Next Track Module 2 or Depth Review 2Work the newly matched EX example set: Examples: Three 0DTE Days, Examples: Futures Trades, or Examples: Swing Trades; finish The 30-Trade Paper Challenge Final Scorecard if it is still openExplain the new or repeated arena's core structure and calculate its example results without notes
42Next Track Module 3 or Depth Review 3Redo the matched EX document from Week 41, this time writing your answer before each lessonAt least 90% of calculations match on the first attempt; every remaining miss is traced to the module that teaches it
43Next Track Module 4 or Depth Review 4Take the five Check Yourself questions from each track module studied so far, closed-book; audit total open risk on a practice portfolioScore at least 90% across the self-test; state the action required when planned risk exceeds your written cap
44Next Track Module 5 or Depth Review 5Produce the final version of your plan in Trading Plan Template; set Trading Journal Pages and Weekly Review & Checklists for Board WeeksAnother student could follow the plan without asking what a term means, when to stop, or how much risk is allowed
45Level 2 Quotes & the Tape, Order Flow Basics, Market InternalsAnswer all Check Yourself questions from Level 2 Quotes & the Tape through Market Internals; work Examples: Reading Charts again, calculations firstScore at least 90%; explain why displayed size, order flow, and breadth can inform a decision but cannot make it for you
46Options Part 2: Pricing & the Greeks, Options Part 3: Strategies, Volatility & the VIX A–Z, Trading Earnings & IV Crush, Calendar & Diagonal Spreads, Butterflies & Advanced Structures, Portfolio Greeks & HedgingAnswer the Check Yourself questions from Volatility & the VIX A–Z through Portfolio Greeks & Hedging; work Examples: Options Trades again, payoff tables firstBuild every assigned payoff table correctly; distinguish a defined-risk structure from an undefined-risk structure at a glance
47Futures A–Z, The DOM & Footprint Charts, Trading the OpenAnswer all Check Yourself questions from The DOM & Footprint Charts and Trading the Open; work Examples: Futures Trades again, points and ticks both shownNo futures dollar conversion errors; explain day margin as a broker-set deposit and why low margin does not mean low risk
48Swing Trading A–Z, Long-Term Investing & Portfolio Building, Retirement Accounts Deep DiveAnswer all Check Yourself questions from Swing Trading A–Z, Long-Term Investing & Portfolio Building, and Retirement Accounts Deep Dive; work Examples: Swing Trades againSeparate trading capital from long-term money in Trading Plan Template; identify gap risk and correlation risk in every swing example
49Building & Backtesting a System, Trader Taxes Advanced, Case Studies: Crashes & ManiasAnswer all Check Yourself questions from Building & Backtesting a System, Trader Taxes Advanced, and Case Studies: Crashes & Manias; work Examples: Risk Disasters & Saves againExplain expectancy, overfitting, and the three case-study lessons; state which tax questions require a qualified professional
50Level 3 Index and your first track's five modulesTake all 25 Check Yourself questions from your first track, closed-book; complete the Board checklist in Weekly Review & ChecklistsScore at least 23/25; correct every miss in writing and name the exact section you re-studied
51Your final Trading Plan Template plan; Quick Reference Cheat Sheets for reference onlyComplete five separate paper sessions on five different days in Trading Journal Pages; a session may end as a documented no-trade decisionAll five sessions have a pre-session plan, risk limit, contemporaneous notes, and post-session review; zero trades are added or edited afterward
52Your first track's risk module and playbook or routine moduleComplete the final review in Weekly Review & Checklists; compare the first and final versions of Trading Plan Template; assemble your scores, challenge record, and journal evidenceMeet the Graduation Standard below in full; any unmet item becomes a written repeat assignment, not a reason to lower the standard

Common Beginner Mistakes

  • Treating the calendar as a race. The 52 weeks are a minimum structure, not a deadline. Repeating a week is part of the curriculum.
  • Reading every document and practicing none of it. If there is no calculation, journal entry, or test score, the week did not happen.
  • Changing the plan after seeing the result. A losing trade can follow the plan; a winning trade can break it. Grade the decision you made with the information you had.
  • Forcing challenge trades. The 30-Trade Paper Challenge measures whether valid setups were handled correctly. It does not reward activity for its own sake.
  • Using profit as the pass mark. Simulated profit in a small sample can come from luck. Accurate math, controlled risk, complete records, and repeatable behavior are the evidence this curriculum trusts.
  • Opening a second arena too early. A second track is a Term 4 choice after the first track is complete — not a way to escape a difficult week.

Chapter Summary

Check Yourself

  1. What are the three kinds of work in every curriculum week?
  2. What should you do if you miss a week's pass mark?
  3. Which Practice Pack documents contain the Level 1 Final Exam and its answer key?
  4. Why does Term 3 allow only one Level 3 track at a time?
  5. Why is simulated profit by itself not the graduation standard?
Show answers

Answers: 1) Study blocks, practice blocks, and a review block. 2) Repeat the missed practice and test again; split the week across more calendar time if needed. 3) Alpha Academy Final Exam is the exam and Final Exam — Answer Key is the key, which you open only after finishing. 4) The track is meant to build depth; splitting attention prevents the student from mastering any arena's structures, risks, and routine. 5) A small simulated sample can be lucky, while the Board is looking for accurate math, controlled risk, complete journals, and behavior that matches a written plan.

The Graduation Standard

You graduate from the 52-Week Alpha Curriculum when all of the following are true:

  • You scored at least 80% on Alpha Academy Final Exam, graded with Final Exam — Answer Key, and corrected every missed question back to its source module.
  • You completed The 30-Trade Paper Challenge with 30 fully logged paper trades, or completed a formally approved carry-forward and then finished all 30 before the Board; every trade has a plan, size, invalidation, exit, result in R, and Plan Grade.
  • You scored at least 90% on the cumulative Level 2 review questions assigned in Weeks 45–49 and at least 23/25 on your first track's Check Yourself questions in Week 50, with all misses corrected.
  • Your final Trading Plan Template plan is complete, specific, and consistent with the trades in Trading Journal Pages. It names the arena, schedule, setup conditions, position-size method, maximum loss rules, no-trade conditions, and review process.
  • Your five Board Week sessions show zero undocumented trades, zero edited-after-the-fact entries, and zero breaches of your own maximum-risk rule.
  • You can explain, without notes, what you still do not know and what you will practice next.

Graduation means you have built a disciplined learning record. It does not mean the market owes you a result, that a strategy has been proven, or that real-money trading is appropriate for your finances. If real-money trading is ever considered, it is a separate personal and financial decision outside this curriculum.