Price Action: Technical and Fundamental Analysis 101

Learn the fundamentals of a company, and how WE as technical traders can use them in conjunction with our analysis techniques.

Go live with me on Think or Swim as I look at a handful of "hot stocks" and discover what fundamentals are driving them and where we can predict they will head in the future. This video will show you how to use fundamental analysis not as a sole means of investing, but in conjunction with technical analysis.

We will learn how a single candle can change the path of a company. After learning the stick types, I will find live examples of each in TD Ameritrade's Think or Swim.

Learn how a group of candle sticks can represent bullish/bearish continuation or reversal indications; and how we could use these as trade entry and exit indicators with no other tools.

Learn how to add and modify indicators/studies in Think or Swim to add another layer of verification to our entries and exits of trades. Learn some of my favorites such as RSI, MAC D, CCI and EMA.

Some set "mental stop losses", I say they are mental. I will show you how to cut bait and protect your buns even if you aren't at your computer.

This is it! Learn the steps I take to find a potential trade, and when I enter the move. Where do I set my stop loss to mitigate my loss if I was wrong, where do I set the ceiling if I was right, and how many shares do I buy.

The trade went well, when do I sell? The trade went south, where do I cut my losses? Once the trade reverses to the upside will I buy in again for a second trade?

Learn how the bulls and bears manipulate price movement, and how emotional trading can get you caught in a net of losses. 

Learn how companies can be over or under valued, and how the market will always put itself back on track...but when.

Log in to your paper trading account and get your hands dirty! Lets find your first few prospects by building a watchlist,  and get all the tools we need to start actively trading.

Use our entry strategy to make your first trade entry, feel the adrenaline as you hold a position in a fast moving security, then exit at the most ideal moment, lock in your profits, and write down the experience in the profit tracker attached to the lesson.

Once you have the system down to a science, and feel comfortable, the time has come to log off of paper trading and sign into your real money account. This is the big leagues. Remember every trader has a red trade every so often, or even a losing streak; but if you use what you have learned thus far in this course you will have a 90% better chance of portfolio growth than the average trader!

So you are starting to accrue some pretty nice profits. Do you put them in savings, go buy something shiny, or let it sit in your portfolio. None of the above, scale it and use it to increase your growth. I give you options ranging from completely safe, to risky business to place your earnings. Learn how to minimize taxation, and keep your hard earned cash safe!

So what you are doing now, what's next? I give you a hand full of techniques to challenge yourself to become a better trader. Focus on new market sectors, try new entry and exit systems (only buy breakouts, only buy the dip, buy reversals), practice new indicators, or go teach a friend or family member how to trade. You will learn more as you teach others, I know I do. I am in development of an advanced trading course that will take you to the next level if that is something that would add value to your trading career/hobby.

I get a chance to personally thank each and every one of you fine traders out there, and give you some motivation to utilize the skills you have EARNED by completing the course. I value each and every one of you as a student and I genuinely hope I was able to create a confident and talented trader within each of you. Thank you for participating in my 101 trading course, and if you did find value in this training please leave a review and share with your friends, family, and companions; and hopefully I will see you in my advanced trading course. Have a great day, and keep on trading!