trading-guide¶
from foundations to quantitative strategies, derivatives, risk management, and algorithmic trading systems.
a comprehensive, structured reference for traders at every level — built like a codebase, ordered by prerequisite depth, every page tagged with a difficulty and a recommended next step.
browse by section¶
live markets¶
the broader tape — equities, rates, dollar, gold, volatility. session clocks for the four exchanges most of the world's risk flows through.
market clock¶
| market | local | status | next |
|---|---|---|---|
| loading… | |||
nyse new york stock exchange usd equities · 09:30–16:00 et
lse london stock exchange gbp equities · 08:00–16:30 london
tse tokyo stock exchange jpy equities · 09:00–15:00 jst (1h lunch)
hkex hong kong exchanges hkd equities · 09:30–16:00 hkt (1h lunch)
holidays are not modeled — a "closed" label on a US market holiday is correct only by coincidence. countdown rolls into the next weekday session.
macro pulse¶
| instrument | level | 1d |
|---|---|---|
| loading… | ||
dxy trade-weighted us dollar (synthetic, ice basket). strong dxy pressures everything else.
eur/usd the most-traded fx pair. inverse of dxy by construction.
usd/jpy carry-trade barometer. asia risk sentiment.
gbp/usd cable. fiscal + boe expectations.
gold reserve asset. bid in real-rate-down and tail-risk-up regimes.
ecb publishes fx once daily after european close (~16:00 cet) — the table moves on that schedule, not in real time. gold updates continuously via paxg (paxos gold, a 1:1 xau-backed token used here as a cors-friendly proxy for spot gold).
live crypto¶
free public feeds, refreshed in-browser. the four widgets a new trader should learn to read before looking at any chart.
prices¶
| asset | price (usd) | 24h | 24h vol |
|---|---|---|---|
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what to watch¶
- fear & greed
- —
- btc dominance
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- total mcap
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- 24h vol
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- btc-perp funding
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fear & greed 0 = extreme fear · 100 = extreme greed. extremes mark turning points.
btc dominance btc share of total crypto mcap. rising = risk-off, falling = alt season.
total mcap sum of all crypto market caps. the tide.
24h vol dollar volume traded in last 24h. conviction behind the move.
btc-perp funding positive = longs pay shorts (crowded long). negative = the inverse.
trending¶
| asset | name | 24h | price (usd) |
|---|---|---|---|
| loading… | |||
what coins people are searching for on coingecko right now. high attention ≠ a buy signal — it is signal that something is moving and worth understanding before it shows up on a price chart.
quick-start paths¶
new to markets → cd 01-foundations/what-is-trading
quant-curious → cd 02-mathematics/statistics-basics → ../05-quantitative-strategies
trading options → cd 06-derivatives/options/black-scholes
managing risk → cd 07-risk-management/position-sizing
building systems → cd 10-trading-systems/system-design → ./backtesting-engine
cheat sheet¶
position-sizing
size = account · risk% / (entry − stop)
kelly = (b·p − q) / b b = win/loss, p = win prob
risk
var = pv · z · σ · √t
sharpe = (rp − rf) / σp
sortino = (rp − rf) / σ_down
options
black-scholes C = S·N(d1) − K·e^(−rt)·N(d2)
parity C − P = S − K·e^(−rt)
portfolio
capm E(ri) = rf + βi · (E(rm) − rf)
beta cov(ri, rm) / var(rm)
see 02-mathematics/formulas-reference for the full collection.