Udemy

Trading 102 - Seriously, Is Trading Stocks Right for Me?

Know what is involved before you start trading
Free tutorial
Rating: 4.4 out of 5 (4 ratings)
507 students
1hr 36min of on-demand video
English
English [Auto]

Recognize basic candlestick components and shapes.
Identify the main indicator/study categories.
Exposure to common trading styles
Understand the importance of keeping a trading journal.
Answer the question, "Is trading right for me?"

Requirements

  • No prior experience in trading needed. This is meant to be an exposure and guide to decide for yourself to proceed with trading stocks or not.
  • Completing the "Trading 101 - Is Trading Stocks Right for Me?" would be advantageous.

Description

Everyone gets excited when the topic of stock market trading comes up. Thanks to social media, the perception is usually 1 of 2 extremes - the "Lamborghini & infinity pool" lifestyle or broke & homeless memes. This is far from reality as the truth is that stock trading can be rewarding but it is not as glamorous as most people think.

This course endeavors to debunk some misconceptions about stock trading and covers the many important aspects to consider before having enough clarity to decide to embark in trading stocks. Together with it's earlier counterpart, "Trading 101 - Is Trading Stocks Right for Me?" These courses starts with topics not linked to any stock charts at all covering issues like trading success factors and the difference between trading and investing in stocks.

We then move on to address risks by learning about money management and sizing each position in our portfolio to avoid over trading in a single stock. This is followed by a commonly under-appreciated method to select stocks to trade using the top-down approach to increase the possibility of taking winning trades.

Following up, then we proceed with getting to know about a charting tool and some basic candlestick as well as chart trending concepts. We advance further with charting indicators and also various common trading styles.

Finally, we wrap up this course by introducing keeping a trading journal as a method to track our stock trading journey and progress. Throughout the course there will be simple quizzes, practice exercises and also resources like templates and links to external services for data and charting platforms that participants can easily access and use for free.

Who this course is for:

  • First timers who are curious or interested but not sure whether trading stocks is really suited for you.
  • Beginners who have started to explore trading but is confused and overwhelmed by the barrage of ads all claiming to have the holy grail of trading strategies.
  • Traders who are depending only on "tips" from others to trade, but is interested to explore trading for yourself.

Instructor

Engineer turned Financial Advisor & Trader
Kevin W. Chiu
  • 4.2 Instructor Rating
  • 62 Reviews
  • 2,157 Students
  • 5 Courses

I started my professional career as a Systems Engineer. Over the course of 15 years, I moved up the ranks to head of Engineering in a multi-national company. While all this sounds great, I knew very little about finances let alone investing and trading.

I got a rude awakening when one day I realized that I had been relying fully on agents who were only interested in making commissions from my investment through them but making little to no progress in the investments itself. I paid the price for not taking my finances and investments seriously while focusing on my career.

It was at this time that I made the decision to educate myself on financial matters and get some exposure in investing in the stock market. To my surprise, my technical background helped a lot in picking up technical analysis using charts and so ignited my passion for trading.

I have since gained experience in trading various markets and taken a license to help others in their investments, who are not inclined or able to do it themselves.

It is now my mission to share my knowledge and experience to help others to either get started on the right path or at the very least get the help they need.

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