STRATEGIES & SYSTEMS • COURSE GUIDE • 4 TOPICS

Turn a market idea into rules that can be tested, sized, and reviewed.

Trend methods, quantitative research, backtesting, execution costs, options, and written risk limits belong in one disciplined trading process.

COURSE TOPICS

Topics in this course

Turn an investment or trading idea into explicit rules, realistic tests, implementation assumptions, risk limits, and a review process. The course emphasizes evidence and failure modes over backtest appearance.

29 MIN

Evaluate strategy evidence without overfitting

Build and test an investment or trading strategy using clear rules, clean data, realistic assumptions, out-of-sample checks, transaction costs, robustness tests, and documented limitations.

Build a systematic process
Fundamental and technical analysis answer different questions
Trend methods: follow evidence, not a forecast
A technical-analysis toolkit starts with price, volume, and timeframe
+ 8 more sections

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3 MIN

Derivatives: map the payoff, leverage, and path risk

Understand options and other derivative exposures through contract terms, payoff diagrams, leverage, time, volatility, liquidity, assignment or settlement, and loss scenarios.

Digital assets
Alternative investments
Margin risk

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7 MIN

Strategy risk and review: know when the process has changed

Monitor strategy risk through exposure limits, drawdowns, execution quality, model drift, market-regime changes, capacity, and a written process for pausing, changing, or retiring the strategy.

Risk controls belong inside the strategy
Use the same review sequence every time
A strategy becomes improvable when every decision leaves a record

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10 MIN

Zero-DTE options: same-day expiration, gamma, and assignment risk

Same-day expiration compresses time and can amplify option sensitivity, execution risk, and assignment consequences.

Expiration-day mechanics
Gamma and theta
Execution & settlement

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12 MIN

Private markets and feeder funds: map access, liquidity, fees, and valuation

Follow the master-feeder structure and evaluate liquidity, valuation, fee layers, cash flows, and offering documents.

Master-feeder structure
Liquidity & valuation
Layered fees

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GUIDE ORDER

Read the guides in order for a complete path.

All 10 guides in this category appear below in the recommended sequence; any guide can also be opened directly from navigation or search.

10 guides

01Trading basics: define the plan before placing the orderBeginner · 10 min 02Technical analysis basics: use charts as evidence, not certaintyBeginner · 10 min 03Active trading tax recordkeeping: preserve basis, wash-sale, and transaction recordsIntermediate · 11 min 04Options basics: calls, puts, strike price, expiration, and assignmentIntermediate · 11 min 05Zero-DTE options: same-day expiration, gamma, and assignment riskAdvanced · 10 min 05Futures basics: understand the contract, margin, leverage, and settlement before tradingIntermediate · 10 min 06Alternative investments: define liquidity, valuation, leverage, and portfolio roleIntermediate · 10 min 08Private markets and feeder funds: map access, liquidity, fees, and valuationIntermediate · 12 min 07Crypto risk basics: custody, volatility, market structure, and loss capacityIntermediate · 9 min 08Evaluate strategy evidence without overfittingAdvanced · 25 min 09Strategy risk and review: know when the process has changedAdvanced · 7 min 10Derivatives: map the payoff, leverage, and path riskAdvanced · 11 min

Research discipline

Backtests and hypothetical results need a separate evidence standard

Check for survivorship bias, look-ahead bias, overfitting, data revisions, transaction costs, liquidity, parameter sensitivity, and the gap between simulated and live execution. Review research and hypothetical-result limitations ›

REVIEW & APPLY

Review the key points

01Is the rule defined before looking at the result?

02Has it been tested after costs, slippage, sizing, and regime changes?

03What condition would reduce or stop the strategy?