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Lighter Dex

Learn Trading Step by Step

Demystifying the Markets, One Lesson at a Time

Welcome to a structured, non-commercial learning environment. Our interactive lessons break down complex trading concepts into clear, actionable steps—no sales pitch, just education.

Lesson 1: Your First Trade Plan

Beginner Essential

A trade plan is your recipe for consistency. It removes emotion by defining everything before you enter a trade. Let's build one from scratch.

Step-by-Step Framework:

  1. The Setup (The "Why"): Define the exact market condition or chart pattern you are waiting for. Example: "A pullback to the 50-day moving average in an established uptrend."
  2. The Trigger (The "When"): Identify your specific entry signal. Example: "A bullish engulfing candlestick closing above the moving average."
  3. The Risk (The "Stop"): Determine your stop-loss level. This is based on market structure, not an arbitrary dollar amount. Example: "Place stop 2% below the recent swing low."
  4. The Reward (The "Target"): Set your profit target based on a logical support/resistance level or a risk-reward ratio (e.g., 2:1).
  5. The Size (The "How Much"): Calculate your position size using the formula in the risk management lesson.

Your assignment: Write a mock trade plan for a hypothetical chart. Define all five elements in writing.

~20 min Start This Lesson

Lesson 2: Finding Quality vs. False Signals

Essential

Not every chart pattern leads to a successful trade. Learn to distinguish high-probability setups from market noise.

Key Filters to Apply:

  • Trend Context Filter: A bullish pattern in a downtrend is likely a trap. Only trade patterns that align with the higher timeframe trend.
  • Volume Confirmation: A breakout on low volume is suspect. Look for an increase in volume to confirm institutional participation.
  • Timeframe Alignment: A support level on the daily chart is stronger than one on the 5-minute chart. Check multiple timeframes for confluence.

Practical Drill: Look at three historical charts. For each, identify one genuine signal (that worked) and one false signal (that failed). Analyze why the false signal didn't meet the filters above.

~25 min Start This Lesson

Lesson 3: The Post-Trade Review Process

Essential

Your most powerful learning tool is not a new indicator; it's a structured review of your own decisions—win or lose.

The Review Checklist:

  1. Did I follow my plan? (This is binary: Yes or No). If not, the reason is psychological, not analytical.
  2. Was my analysis correct? Did the market move as I expected? If not, was my read of trend/momentum/structure wrong?
  3. Was my risk management effective? Was my stop placement logical? Was my position size appropriate for the volatility?
  4. What is the one key takeaway? Distill the lesson into one sentence to reinforce for next time.

Keep a trading journal and answer these four questions for every single trading idea, executed or not. This builds self-awareness faster than any other practice.

~15 min per review Start This Lesson

How to Use This Learning Platform

1

Study Sequentially

Go through lessons in order. Each builds on concepts from the previous one, forming a coherent knowledge framework.

2

Do the Exercises

True understanding comes from application. Complete the drills and assignments in each lesson.

3

Apply to Paper Trading

Use a simulator to practice the concepts without risk. Focus on executing your plan, not on making money.

Critical Educational Notice

Lighter Dex is exclusively an educational website. We do not offer, suggest, or endorse any specific broker, signal service, or investment product. All lessons, examples, and hypothetical scenarios are designed solely for learning and skill development. Financial markets involve substantial risk, and you should never trade with money you cannot afford to lose.