The Comprehensive Guide To Pro Trading For Beginners

Name: The Comprehensive Guide To Pro Trading For Beginners
Rating: 4.5 (44 reviews)

How to profit from short-term market moves trading Forex, Futures, Stocks and Cryptocurrencies

Created byStanislav Bernukhov

Last updated 5/2022

English

What you'll learn

How to capture price trends with insitutional money involved, cutting off the random price action
How to correctly analyze the news and fundamental information
How to use COT-reports to understand real supply and demand
How to choose the correct trading tactics for the upcoming day: trend-following, momentum, counter-trend
How to find good entry points with little risk and extended profit potential
How to build a holistic trading approach, having all elements of decision making in place

Course content

4 sections • 20 lectures • 3h 41m total length

Introduction7:47
In this introduction, you will get acquainted with the author of the course, get a brief understanding of what you will get in this course and how to learn effectively. I will suggest using several tools (mind maps, trading journal) to better structurize your learning process and get the maximum out of the course. Watch the video and get prepared for the course.
Trading niches and styles7:53
In this lesson, you will learn what are the most popular trading niches and styles for a retail trader. You will discover what niches statistically work better for beginner traders. We will focus on 2 basic trading approaches in this course. I will give you the detailed explanation and show real examples of my trades.

Market sentiment10:38
In this lesson, you will learn how to read the news and what to pay attention to. There are two ways of working with the news: the difficult approach and the simple one. We will stick to the latter.
Commitment Of Traders Report15:15
Before watching the charts, it makes sense to see what the big money is doing. Have there been visible any clues of large speculators for the previous 3-4 weeks or more? Learn how to read "COT" reports and quickly see whether big money is in control of the situation in the market.
What do lines of COT-reports show?
Open interest13:45
In the previous lesson, we focused on the big picture, now we will focus on the most recent market activity. Learn how to read the most relevant and important data from the "Daily Bulletins" of Chicago Mercantile Exchange.
What is Open Interest?
Volatility10:52
The next step is learning how to analyze historical volatility for the market of your choice. Why is understanding volatility so important? The brief explanation is that big money (hedge fund managers, money managers) pays much attention to volatility, so we also need to understand this concept. You need to know how THEY think, to be ahead of the most strong trends in the market.
What does historical volaility show us?
Trade location9:00
The next step in our preparation process is to understand the trade location. Is price located near important levels or areas? Learn how to mark important areas on the chart and estimate whether the current location of a price gives you some profit potential.
Three phases of a trend development11:41
It's been said that trend is your friend. But is this friend a good one? Learn how to identify a current phase of a trend (young, mature, outdated) to pick the right trading tactics.
Three phases of a trend development. Part 2.11:43
Learn how to identify a current phase of a trend with examples of real trades.
Chart analysis: clues and nuances10:03
Learn how to read naked price chart in a simple and effective way. There are 3 key nuances that distinguish average trend from the strong one.
The watchlist: combining everything together15:29
Finally, the preparation is complete. It's time to create a watchlist and define what trading instruments you will monitor for today and what trading tactics would be preferable for each of them.

Trend-following swing trading17:57
In this video you will learn how to apply simple trend-following swing trading tactics with a full explanation of entry points, stop placement and target setting.
Momentum trading: Part 1.7:27
Momentum trading is one the most popular approach yet incorrectly applied in many cases. It's not about going after the price. Momentum trader should be well prepared and act in specific market conditions, which I call "windows of opportunities". Learn more about that in this lesson.
Momentum trading: Part 2.11:14
In this lesson, you will learn specific rules of how and when to enter a momentum trade and place a correct stop-loss.
Momentum trading: Part 3.8:09
In this lesson, you will learn specific rules on how to place an adequate target for the momentum trade.
Counter-trend day trading11:58
In this lesson you will learn simple but powerful technique, which allows me to capture day trade at the very beginning, achieving more than 5 to 1 profit/loss ratio in a successful trade. You will learn how to build intraday levels in a smart and unconventional way and build trades with big potential and very limited risk.
Counter-trend swing trading9:50
In this lesson, you will learn how to capture a mean-reversion trade (counter-trend swing trade), which may be the best option if the price is locked in a trading range and breaks out occasionally.

Risk and Money Management16:24
In this lesson, you will learn practical tips for defining proper risk and money management. There are no universal solutions - you will have to find an optimal risk considering your risk tolerance, your dominating strategy, and other factors.
What market to choose7:42
Finally, you will have to decide - what market to choose to start trading (in case you are just starting out). We will go through the pros and cons of different markets to help you better navigate among different opportunities.
Bonus lecture: how to enhance your education6:55
In this lecture, I will share several tips on how to enhance your trading performance, what resources to monitor, what books to read e t.c.

Requirements

You have to be familiar with the basic concepts of trading and technical analysis: currency pairs, futures, stocks, charts, candlesticks e t.c.

Description

Are you a trader? Maybe, you are inspired by financial markets and want to become one?

Congratulations, you are entering a very interesting and challenging period of your life. But hold on - do you know what type of business you are trying to get into? You will need to beat professional market participants in their own game. There's no amateur league in trading - you will start competing against the Pros from the very beginning. Do you have what it takes?

Let's get acquainted. My name's Stanislav (Stan) and I'm a professional trader with experience in trading different markets since 2004. I was managing either my own capital and other people's money. Thus, I know how to make a living from trading or making it a partial source of income. If you let me mentor you in this process, I will show you the step-by-step plan which I use for my own trading (and which has proven to be effective over the years).

Why would you need this course?

If you are stuck with simplified indicator-based approaches or drifting between different trading setups or strategies, then this course will help you build your own systematic trading plan, which you will be able to follow.

You will learn how different major market forces act, how they think, why they do what they do. Finally, you have to know what stands behind the chart. Practical strategies are also included - I will show you examples of real trades (verified by a third party web resource) and give you the full explanation.

What markets do we cover?

I usually trade the most popular markets like major currency pairs, Crude Oil, Gold, and, occasionally stocks and cryptocurrencies. But the principles from the course are applicable for all markets, which have a free two-sided auction process.

Who will benefit the most from this course?

If you have zero experience, I would recommend you to go through some basic education first. To enroll in this course, you should know what is a candlestick chart, how to make a trade and set a stop-loss. We will not spend time on very basic things. 3-6 months or preliminary experience is recommended.

And remember that trading might be difficult psychologically since it is associated with the financial risk. You will have to learn to tolerate discomfort and emotional pressure. If you are ok with that, I welcome you to join the course.

Who this course is for:

This course is addressed to a wide variety of traders, however, those with experience of at least 3-6 months will take the maximum out of it

The Comprehensive Guide To Pro Trading For Beginners

What you'll learn

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Course content

Introduction2 lectures • 16min

Preparation for the trading day9 lectures • 1hr 48min

Practical trading strategies6 lectures • 1hr 7min

Appendix. Things you need to know.3 lectures • 31min

Requirements

Description

Who this course is for: