Index dip

The Close: Course workbook

Seven lessons on The Close, from the idea behind it to what a bad year looks like, plus a test checklist and journal template.

The Close, lesson 1: The idea and the research behind it

The idea behind the rule, the public research it comes from, and what our own tests found, including where the edge is thin.

The Close, lesson 2: Why the money is made overnight

Where the profit in a dip trade arrives, why the rule holds through the night, and what that costs.

The Close, lesson 3: The exact rules

Every number in the rule: what has to be true to buy, what has to be true to exit, and how the arithmetic works.

The Close, lesson 4: The daily routine

What to read just before the close, what each of the four messages means, and where each order fills.

The Close, lesson 5: The second trade

A second trade with its own entry and exit, and the stretch where it lost money.

The Close, lesson 6: Sizing for the worst drawdown

The rule has no stop, so size is the only brake. How to plan for the worst drawdown instead of the best year.

The Close, lesson 7: What a bad year looks like

What losing years, quiet years and long waits for a new high look like in the backtest.

The Close, worksheet: Test checklist and journal template

A checklist for testing a rule honestly, and a journal layout for logging every signal before you know the outcome.