Understand stop-loss and stop-limit orders for risk management
Understand what algorithmic trading is and when it makes sense
Understand cross-exchange and triangular arbitrage mechanics
Understand what backtesting is and why it's critical before live trading
Understand what makes a complete trading strategy
Recognize the most common mistakes that destroy trading accounts
Understand leverage mechanics and margin requirements
Understand what a cryptocurrency exchange is
Explain what a depth chart shows and how it relates to the order book.
Understand candlestick charts and what they represent
Define liquidity and why it matters
Understand what market microstructure reveals about institutional activity
Understand the difference between market and limit orders
Interpret active addresses and transaction volume for network health
Understand crypto derivatives (futures, options, perpetual swaps)
Differentiate market vs limit orders
Calculate proper position size using the 1-2% risk rule
Understand how order books work and how trades are matched
Understand the importance of risk management in trading
Understand how the IRS classifies and taxes cryptocurrency
Understand the difference between technical and fundamental analysis
Understand maker vs taker fees and how they affect profitability
Recognize and control FOMO (Fear of Missing Out) in trading decisions
Evaluate paper trading readiness criteria before going live
Identify the 4 phases of market cycles (Accumulation, Markup, Distribution, Markdown)
Understand what technical indicators are and how they work
Understand volatility and how to measure it (ATR, Bollinger Bands)
Define what an order book is and its purpose.
Understand what cryptocurrency is and how it differs from traditional money
Understand what paper trading is and how it works
Understand what the bid-ask spread represents