Practice lab
Practice on real charts
Four short exercises using free TradingView widgets. Each one practices a skill from the course. Nothing here is a signal, an entry, or a recommendation.
Exercise 1 · Module 1: Risk
Find the invalidation before the entry
- Load the chart. Pick a recent swing low on the daily timeframe. This is analysis: you are deciding where the idea would be wrong.
- Set the invalidation: the price at which the idea no longer holds. Some traders wait for a candle close to confirm an entry or judge structure, but the protective stop is different: it is a price set in advance, a little beyond the invalidation, and it should trigger as soon as that price trades, not at the close.
- Remember a stop is not a guaranteed price. In fast markets or gaps it can fill worse (slippage). See Stops, slippage, and gaps.
- Write the entry, stop, and distance down. Don't trade it. The point is the habit.
BTC/USD advanced chart. Loads third-party content from TradingView (tradingview.com) only when you choose to load it.
Time zone is set to UTC. The chart draws lines; it does not size positions or place trades.
Exercise 2 · Module 2: Position sizing
Turn that stop into a position size
Take the entry and stop you wrote down in exercise 1. Put them into the site's own position size calculator with a made-up practice account size and a small practice risk, for example 1%. That 1% is only an illustration for the exercise, not a tested or recommended amount for you. Then read Position sizing to check the math by hand. The TradingView chart cannot do this for you.
Exercise 3 · Module 3: Technical analysis
See what indicator summaries can't tell you
This widget sums up common indicators into "buy / sell / neutral" labels. Switch between timeframes and notice how often the label flips. These labels are a mechanical average of indicators, not an entry signal, and they say nothing about where your stop goes or how much to risk.
BTC/USD technical analysis summary. Loads third-party content from TradingView (tradingview.com) only when you choose to load it.
Quick context: the mini chart below shows the same market (BTC/USD on Coinbase) over one day. Compare its trend to the summary label.
BTC/USD one-day mini chart. Loads third-party content from TradingView (tradingview.com) only when you choose to load it.
Exercise 4 · Module 1: Risk
Check event risk before a trade
Scheduled data releases (like inflation or jobs reports) can move prices fast and cause slippage past stops. Load the calendar, use its own filters to find the next major US release (for example CPI or the jobs report), and write down whether you would hold a position through it and why. Check the time zone the widget displays before converting times, and confirm the time with the official source (for example the agency that publishes the data).
Economic calendar. Loads third-party content from TradingView (tradingview.com) only when you choose to load it.
Education only, not financial advice. This is a personal record of one trader’s decisions, including the mistakes. Trading crypto carries a real risk of losing money. Full disclaimer.