When I was there.,it involved watching Bob's recorded tapes. Which in restrospect make sense in regard to "general trading knowledge".
Things like put on your full position and sectioning it into 3rd's in regard to exiting as the trade goes your way.
They like you to make you trading decisions off of the daily chart, which really gives you a view/plan/opinion on what the stock will do intraday (gen'l direction)
At the time I deemed them informative but not to helpful when you're a newbie trying to pieces things altogether.
Really not bad, alot of traders whom left ETG will laugh about the tapes. But I know a few whom now incorp. some of the ideas into their trading.
No real hard fast rules on risk though.
Hope helps