The Outer Box tools

Courses

Course · 8 units

First Steps

Eight short, hands-on classes for your very first days: what a market is, the two prices on every screen, how to read a candle, which way a chart is going, the floors and ceilings price keeps returning to, and zooming in and out. Each class has a small game to practise with.

Welcome! This is where everyone starts, whatever you want to trade one day: currencies, stocks, gold or anything else. The basics are the same everywhere.

How it works:

  • Eight classes, about five minutes each. One idea per class, explained with everyday examples.
  • No more than three new words a class. Each new word is explained the moment it appears, and you can tap any trading word on the site to see what it means.
  • A small game in every class. Play as often as you like; it is just for practice and fun.
  • A short quiz at the end of each class. Four questions. You need 3 out of 4 to pass, you can try again as often as you like, and your best score counts.

By the end of class 8 you will read a real chart the way traders start every day: which way is it going, where is the floor under it, and who won the last candle?

This course teaches how markets work. It is not trading advice, and nothing in it tells you to buy or sell anything.

This course is free to read. Sign in to tick off each class, take the quizzes and earn the certificate.

Units

  1. 1
    What a Market Is
    A market is just people agreeing on prices. Why the price on your screen is simply the last deal, and why it moves.
  2. 2
    Two Prices on Every Screen
    Why every trading screen shows two prices, which one you get when you buy or sell, and the small gap between them that you pay on every trade.
  3. 3
    A Candle Tells a Story
    Almost every chart is made of candles. Each one tells a four-part story of one hour, one day or one week: where price started, how high and low it went, and where it finished.
  4. 4
    Who Won? Reading Candles
    Every candle is a tug of war between buyers and sellers. How to tell who won, who tried and failed, and when it was a tie.
  5. 5
    Up, Down or Sideways?
    Every chart is doing one of three things. How to tell which, using nothing more than the peaks and dips you can see.
  6. 6
    Floors and Ceilings
    Prices where the market keeps turning: why they form, how to spot them, and what happens when price finally breaks through.
  7. 7
    Zoom In, Zoom Out
    The same market can look like it's going up and down at the same time. It depends how far you zoom out, and both views are true.
  8. 8
    Your First Chart Read
    Put it all together: three questions that turn any chart into a simple story. This is how traders start every day, and now you can too.