How to Become a Successful Trader

Name: How to Become a Successful Trader
Rating: 4.6 (4 reviews)

Learn the rules, the right behavior and the correct mindset to minimize losses and maximize profits

Created byNinette Denise Uzan-Nemitz

Last updated 7/2022

English

What you'll learn

Learn why risk evaluation is the first step to generate profits
Discover how a breakeven strategy will leverage profits and reduce potential losses
Explore how to use a divergence of indicators to be on the winning side, no matter the market direction
Implement your stop strategy by locking in profitable trades

Course content

3 sections • 16 lectures • 1h 10m total length

Introduction to Success5:29
Learn disciplined habits to minimize losses and maximize profits, avoid overleverage, and calibrate volume point of control with pivot levels to improve entries and exits.
Foreword2:58
Adopt disciplined risk management and emotional control, cultivate key trading habits, learn from mistakes, avoid chasing losses, and focus on one market while applying the 2% rule.

Evaluating Risks4:39
Evaluate risk before profit by identifying entry and stop placement, apply the 2% risk rule to protect capital, and treat trading as a disciplined business rather than gambling.
Risks vs. Rewards3:55
Follow the trend to manage risk and boost rewards. Enter on a break of the lower low in a downtrend, place a stop above last high, use the 2% rule.
The Breakeven Strategy4:05
Learn how a breakeven strategy uses a two-lot trend-following approach, with stops at the last low, to reduce stress and protect capital while letting profits run.
Planning All Trades4:11
Plan every trade by evaluating risk, entry, stops, targets, and position size, while confirming trend, divergences, pivots, and waiting for key economic reports before entering.
The Importance of the Volume Point Of Control (VPOC)4:55
Leverage the volume point of control (VPOC) to identify support or resistance, using weekly and daily volume with pivot points to time entries and exits.
The Wonder Warning of Divergence8:50
Learn to use MACD divergence to gauge momentum and trend continuation, avoid trades on divergence, and apply a trend-following plan with moving averages and clear buy/sell rules.
Patience Pays for Winning Trades3:16
Patience drives winning trades through disciplined homework and a clear strategy, waiting for best setups. Enter fewer trades, move stops only when profitable, and let market guide your direction.
How to Safely Keep Riding Profits3:31
Let profits ride until the trend changes, move the stop under the last low, and stay patient and disciplined to let one to three large trades drive gains.
The Importance of Staying Unbiased2:56
Stay unbiased by following the market's moves, avoid opinions or ego, let price guide decisions, and exit or move on when trades don’t work.
Stay on your Guard - There is No Sure Thing3:47
Stay on guard in trading by prioritizing mindset, risk management, and disciplined use of time-tested strategies; prepare thoroughly, manage leverage, and set progress goals to keep emotions in check.
Keep a Journal - Reporting is Learning4:54
Keep a detailed end-of-day trading journal to report each trade, what happened, and lessons learned, using 2–3 simple strategies to build discipline and view trading as a business.
Don't Gamble - Become an Expert in ONE Instrument4:55
Master a single instrument, stock, index, or commodity, watch it closely, review your weekly journal, buy in uptrends and sell on downtrends, and learn from losses.
Getting Rich Slowly is the Best Way to Success6:37
Get rich slowly by making wealth one trade at a time, starting small, staying disciplined, and preparing knowledgeably to grow capital steadily without letting ego drive losses.

Requirements

Some basic technical analysis is helpful, but not mandatory.

Description

Trading the markets is a challenging job.

Hard-won profits can disappear rapidly and small losses can become major ones very fast.

This course is designed to help you think, plan, and enter your trade like a professional.

Ninette Uzan-Nemitz has traded millions of dollars across practically every market.

Working with over one thousand traders over the past 25 years, she has distilled what works (and what does not work) into rules which will increase your chances for success.

The only condition, it is to have the discipline to follow the rules she teaches here.

Once you have mastered these directives, you will be able to change the way you trade, and adopt the psychological practices you need, to control yourself before trading and while managing your positions.

Building upon your psychological discipline, we will cover core risk management principles so you can protect and build even if you start with the smallest trading account.

By the end of the course you will know what it takes to be a successful trader and appreciate the power of trading technically. You will be able to see and seize more opportunities as well as avoid the tricks and traps of the markets, and your own mind.

These rules are followed by professionals and have been created after hard-won trials and tribulations.

This course assumes that you are using a trading platform, are familiar with basic technical indicators, and have the desire to trade for a living, instead of the ill-will to gamble.

Who this course is for:

Any new trader looking to start on the right foot, or any frustrated trader looking to turn around a losing streak

How to Become a Successful Trader

What you'll learn

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Course content

The basis to become a successful trader2 lectures • 8min

The rules to become a very successful trader13 lectures • 1hr 1min

Review of How to Become a Successful Trader1 lecture • 2min

Requirements

Description

Who this course is for: