You get a real price chart with the ending cut off. You say which way it goes next, and three prices: where you would buy, where you would bail, and where you would take the money. Then the rest plays out and two scores come back — what you would have made, and whether the decision was any good.
A real chart, played the way you would play it. The three moves that are yours are marked as yours. Everything after that is the market.
The two faint lines are worked out from the chart itself rather than drawn by hand: the highest point of the recent run, and the lowest point of the last twenty-four candles. The bright trail is the path the price actually took, and it stops where the money was taken.
Every chart you play comes back with two scores: whether the trade made money, and a grade for the decision you made while the ending was still hidden.
Both scores come back every time, whether you like them or not.
Reading a chart is a skill you get by doing it, not by reading about it. It comes from repetition. It shows up in what you do before you can explain it. And it learns from results.
That last part is the problem with learning on live trades. A trade can take days to finish, so you see few results. And the market pays out on bad calls often enough that your gut can learn the wrong lesson.
Here the chart stops where your decision starts, and the result comes back in minutes, graded on the decision as well as the money. Ten goes is ten results, and a lucky win still gets a poor grade.
Do ten a day and this is what builds up.
Reading a chart moves from thinking it through to seeing it.
The steps go automatic, which leaves your head free for where the stop goes.
Every time you say you're 65% sure, the record shows how often that holds.
Every go splits the read from the result, so a lucky win teaches you nothing.
None of this makes a market predictable. What it gives you is an honest count of how often your reads hold.
Further reading: L. F. Koziol & D. E. Budding, “Procedural learning,” Encyclopedia of the Sciences of Learning, Springer, 2012. D. Kahneman & G. Klein, “Conditions for intuitive expertise: a failure to disagree,” American Psychologist 64(6), 2009.
Twenty-one thousand charts, cut from crypto and currency history. The prices are scaled and the names are stripped, so there is nothing to recognise and nothing to go and search.
No fees or delays, and nothing riding on the outcome.
It ends 180 candles after your decision, so anything you would hold for six months can't be scored.
Each chart played out once, so a good decision can still lose.
Every chart is scored whether you pay or not. After the first five, a free account gives you two goes a day and keeps your last twenty on the book. Paying lifts that daily limit, opens the whole book, and adds a coach that reads back over your last twenty goes and names the mistake that keeps costing you. It stays quiet until it has those twenty, so on day one it has nothing to tell you. Apple handles the payment and we never see your card.
Nothing to install, and the first five need no account.
Also on iPhone and iPad.