Each lesson is tied to a screen in the terminal: read it, then try it on the same screen. For information only, not investment advice.
01
Position size: stop first, then quantity
Beginner · 4 min · In the terminal: Trade › order form (Risk % unit)
What blows up scalpers is not bad entries but oversized positions. The right order: decide where the stop goes, choose how much you accept to lose at that stop, and let the size follow from those two.
R is the risk between entry and stop. With 1,000 $ equity and 1% risk, 1R = 10 $. If the stop is 0.5% away, position value is 10 / 0.005 = 2,000 $. Leverage does not change this; it only sets how much margin is locked.
The order form's Risk (% of equity) unit does this for you: enter the stop, pick the percent.
Quick buttons: 0.25% · 0.5% · 1% · 2%. For beginners, 0.5%–1% is enough.
The line above the buttons shows the risk amount and distance to liquidation; without a stop the button says "no stop" and asks for a second click.
Note: If liquidation comes before your stop, leverage is too high. Alex rejects this as "liquidation before stop".
Beginner · 5 min · In the terminal: Terminal › Analysis › Key levels
Intraday, price slows down or turns at a few levels that many traders watch at the same time. Knowing them in advance lets you place entries and stops in meaningful places instead of random ones.
Previous day high / low and day open: the first references of the day.
Previous week high / low and week open: stronger, tested less often.
London (08:00) and New York (09:30) opens: price at the moments volume picks up.
VWAP: the day's volume-weighted average; above it buyers are considered in control, below it sellers.
POC, VAH, VAL: the most traded price of the last 24 hours and the edges of the area where 70% of volume traded.
Note: A level alone is not a signal. Look at how price arrives (fast? absorption?) in the order flow.
Timeframe alignment: higher timeframe for direction, lower for entry
Beginner · 4 min · In the terminal: Terminal › Analysis (timeframe cards)
The cards on the Analysis screen give each timeframe a score from −100 to +100. Plus is buying pressure, minus is selling; below ±15 counts as neutral.
The rule is simple: take direction from the higher timeframe (1 hour, 4 hours) and look for entries on the lower one (5 min, 15 min). When the higher timeframe is bearish, a short rally on the lower one is usually a selling opportunity, not a reversal.
When timeframes agree, the trade is cleaner.
When they conflict, waiting is also a decision.
The "Alignment" count in the top strip tells how many timeframes point the same way.
Intermediate · 3 min · In the terminal: Terminal › Analysis › CAP; Telegram notifications
CAP is Okaypilot's decision engine. When a setup or signal appears, it weighs trend, structure, levels, flow and risk together and gives one of three decisions: confirm, neutral or conflict.
The real value is not the decision but the reason line: it says which dimension is in favour and which is against. "Conflict" often means "wrong time", not "wrong direction".
"Confirm": the main dimensions agree; still never enter without a stop.
"Neutral": one or two dimensions are against; reduce size or wait for confirmation.
"Conflict": read the reason; there is usually news, a choppy market or an opposing higher timeframe.
Note: CAP is a filter, not an oracle. Its accuracy is measured in the Signal performance section; do not follow it blindly.
Order flow and footprint: who attacks, who absorbs
Advanced · 6 min · In the terminal: Terminal › Flow
A candle chart shows what happened; order flow shows how. A footprint splits each candle into price steps and shows how much was bought and sold with market orders at each step.
Delta = aggressive buys − aggressive sells. If price is not rising while delta is strongly positive, buyers are hitting a wall: absorption. This is one of the earliest signs of a turn at a level.
The Large trades section lists single trades above a threshold.
The Heatmap shows the density of resting orders in the book.
Read a footprint a few candles at a time; zoomed out it loses meaning.
Note: Large resting orders can be fake (pulled). Executed trades are more reliable than resting ones.
Intermediate · 4 min · In the terminal: Terminal › Derivatives
In futures, how positions are built matters as much as price. Funding shows the balance between longs and shorts: high positive funding says the long side is crowded and expensive.
If open interest (OI) rises with price, new money is entering the move. If price rises while OI falls, the rally comes from shorts closing and is often short-lived.
Extreme funding + rising OI: the crowd is on one side, with a risk of a sharp squeeze the other way.
The Hyperliquid whale consensus shows the net direction of large profitable wallets; use it for confirmation, not alone.
Beginner · 3 min · In the terminal: Trade › order form (Checklist)
For every order, the order form counts how many items are met on the long and short side: trend, location, confirmation, stop, reward/risk, news and market regime. The result appears above the buttons as "Long 6/8".
The list also gives a suggested risk: full, half or quarter. With upcoming news, a choppy market or a losing streak, risk shrinks automatically.
Entering with a low count is not forbidden, but it should be deliberate.
A losing trade that followed the list is a "good loss"; one that skipped it is a "bad loss". Improving means fewer of the second kind.
Testing a strategy: when the numbers can be trusted
Intermediate · 6 min · In the terminal: Trade › Strategy builder and Strategy store
A backtest can always look good; the real question is whether the result is luck or rule. Okaypilot tests include costs and show results honestly: losing strategies stay on the list too.
Small sample: results under 30 trades are noise.
Two halves: the data is split in two; if the sign flips between halves, the rule is not consistent.
Forward test: trades after the day a strategy was picked are written to an immutable ledger. That is the real exam.
Tuning parameters until the result improves is overfitting; a rule that memorised the past does not know the future.
Note: Try it on the paper account or in the bot's shadow mode first. Real money is the last step.
Intermediate · 4 min · In the terminal: Trade › Live bot
The live bot has three modes: stopped, shadow and live. In shadow mode it calculates everything as if real (entry, stop, target, size) but sends no orders to the exchange. Results are kept in a separate shadow account.
The bot can run a strategy (from the store with "Attach to bot") or TradingView alerts. With CAP approval on, it asks CAP about every signal first.
Run shadow mode for at least a few weeks and read the decision log.
Set limits such as the daily loss limit and max open positions before going live.
Going live needs a separate confirmation; the strategy cannot be changed while live.
Note: A bot that made money in the past is not guaranteed to make money in the future. Start with an amount you can afford to lose.