Level 5 - Japanese Candlesticks Trading Mastery Program

All the Levels of The Japanese Candlesticks Trading Mastery Program are designed to help you : 

• Learn How to Trade Stocks, Forex & Commodities Using Candlesticks & Technical Analysis to Become a Professional Trader

The Following Topics are Covered in this Course : 

The Business of Trading (5 Videos) 

In this module you will learn

• Why you should consider 'trading activity' as a 'business activity'

• How to approach the process of trading

• What are steps required to become a professional trader

• What exactly is a trading plan & why should you prepare one

• What are the ingredients of a well-defined trading plan

The Case Study of John (23 Videos)

In this module, we will take a hypothetical case study of a person we name as John, who wants to become a professional trader. In this module we will look at :

• Who is John & what is his profile

• What, when, where & how does he want to trade

• Which timeframes does he plan to trade with

• How much capital is he planning to trade with

• Which trading system is he going to use

• How does he go about defining a trend in his trading plan

• How many trading opportunities does he create for himself in a given trading month

• What are the risk management rules he decides to follow

• What factors will he look for, before taking a trade

• How will he monitor his trades

• What will be his exit strategy once he has taken a trade

• How & how often will he track his trading performance

• How will he factor in, trading psychology in his approach

• What kind of system will he use to maintain his trading discipline

• What is the difference between trading capital & risk capital

• What is 'Return on Risk Capital'

• How to calculate the 'Return on Risk Capital'

• How does he maintain his trading journal

• How does he plan to measure his trading skills

• What approach will he use to upgrade his trading skills

• What exactly will be his daily trading schedule

• How does he factor in all the above & prepare a well-defined trading plan

In this module, you will also get a readymade template to prepare your own trading plan. Just like the way John did. You can use the same approach and bring some structure to your trading process.

This module is about bringing a method to the madness. Its more about the approach to trading, rather than trading itself.

Risk Management (7 Videos) 

In this module, we will continue to implement John's case study and define some risk management parameters. In this module we will look at : 

• How to define your required success rate

• How is success rate related to your reward to risk ratio

• What are the 7 levels of traders

• How to calculate the risk you plan to take on a position

• How to calculate your position size based on your pre-defined risk

• How to calculate your reward to risk ratio before you plan to enter a trade

Market Analysis (20 Videos) 

In this module, we will look at how John starts to analyse the markets that he has planned to trade. Before he actually starts trading, he wants to get an overview of his target markets. In this module we will look at : 

• How does John apply the Triple Screen Trading Concept in his plan

• How does he define & identify trend in a market

• How does he analyse his target markets with the below timeframes

  • Monthly

  • Weekly

  • Daily

  • Intraday 

• How does he approach pullback trades

Trading Scenarios (13 Videos) 

In this module, we will look at the actual implementation of John's trading plan. In this module we will look at :

• How John goes about finding trade setups on the following timeframes

  • Intraday

  • Daily

  • Weekly

• How he approaches each trade setup

• How he uses a checklist to maintain his trading discipline

The Case Study of Lisa (14 Videos)

In this module, we will take another hypothetical case study of a person we name as Lisa, who wants to become an intraday stock trader. In this module we will look at :

• Who is Lisa & what is her profile

• What, when, where & how does she want to trade

• Which timeframes does she plan to trade with

• How much capital is she planning to trade with

• Which trading system is she going to use

• How does she go about defining a trend in her trading plan

• How many trading opportunities does she create for herself in a given trading month

• What are the risk management rules she decides to follow

• What factors will she look for, before taking a trade

• How will she monitor her trades

• What will be her exit strategy once she has taken a trade

• How & how often will she track her trading performance

• How will she factor in, trading psychology in her approach

• What kind of system will she use to maintain her trading discipline

• How does she maintain her trading journal

• How does she plan to measure her trading skills

• What approach will she use to upgrade his trading skills

• What exactly will be her daily trading schedule

• How does she factor in all the above & prepares a well-defined trading plan

Intraday Stock Selection & Trading (8 Videos)

In this module, we will continue with Lisa's case study and look at the process she follows. We will look at :

• What is the criteria she uses to shortlist stocks for intraday trading

• What factors she looks for once the stocks are shortlisted

• How does she take an entry

• How does she monitor her trades

• What is her exit strategy

• How does she ensure proper selection in her trades

Trading Plan Comparison (3 Videos)

In this module, we will compare the trading plans of John and Lisa. We will see how they differ from each other and in what ways are they similar.

We will also see which type of plan is suitable for what type of traders out there.

Comparison helps us understand which trading plan suits our personality and trading style. Thats why we must compare the two plans.

The Trader's Diary (5 Videos)

In this module, we will look at the golden rules that every professional trader follows. This consists of certain fundamentals of trading that you just cant ignore if you really aspire to become a true professional trader.

Book Recommendations (5 Videos)

In this module, we will look at which are the 4 best books available out there to help you :

• Prepare Your Trading Plan

• Develop Your Own Entry, Exit & Monitoring Strategy

• Track Your Performance and Measure Your Skill Level

• Journal Your Trades

• Manage Your Trading Psychology

Learn concepts that apply to any type of trading. If you know how to read one chart, you can read them all. This course through its various levels will help you understand this unique and most primitive technique of trading. The Japanese Candlesticks Trading Mastery Program can be applied in any or all of the following areas of work :

• Forex Trading / FX Trading / Currency Trading

• Stock Trading

• Commodity Trading

• Options Trading

• Futures Trading

• Intraday Trading / Day Trading

• Positional Trading 

• Swing Trading

• Technical Analysis of Stocks, Commodities & Currencies

• Price Action Trading

• Chart Pattern Analysis

• Cryptocurrency Trading

Standard Disclaimer : The material presented here is for educational purposes only. Please do your own proper due diligence. There are risks involved in markets. Returns are never guaranteed. The Japanese Candlesticks are a tool, not a trading system. However, they can be used for any timeframe, any asset class (stocks, commodities & currencies) and any financial instrument (spot, futures & options). The principles discussed in this course are applicable to any market in the world, provided the price information is accurate and is coming from a reliable source. This course is not about which broker you should use or how to use your respective broker platform. This course is about educating you on Japanese Candlesticks in detail so that you can apply these principles in your own market and in your own trading style and timeframe. I am not a registered investment advisor with any regulator or institution in the world. I do not provide any buy/sell recommendations. I do not provide any investment tips or trading tips. I do not provide investment advice. All of my content is for educational purposes only. Please do your own due diligence before making any financial decision. Please note: I have completed the basic and advanced candlestick modules, which are video courses offered by Steve Nison on his website. I am in no way officially associated with Steve Nison or his website. I am just a regular student on the portal. I have never taken any in-person training or coaching from Steve Nison. Moreover, any stock or trading instrument that I discuss on this platform should not be considered as a buy or sell recommendation. Trading or Investing is very risky. Hence, please do your own due diligence.