A great master at the game of GO once wrote that many advanced players begin to trip themselves up when they forget the basics of ladders and nets. Ladders and nets are just simple beginner strategies that are grounded in the basic rules of the game. These simple game formations are much like a stock's price and volume, and its technical chart.
Going back to the basics of understanding candlesticks, prices, volume, and formations associated with an asset can make the difference between success or failure. Basics are important and now is a perfect time to go back and study a few.