
Explore common trading styles—pattern price action, swing or reversal, breakout, and trend momentum—and learn to spot turning points using patterns like double bottom and inverted head and shoulders.
Master breakout trading by entering on a price break above resistance or wedges, with ADX above 20 and moving averages, MACD, and Parabolic SAR confirming momentum.
Keep a simple trading journal to track progress and evaluate strategies, using a spreadsheet template to record trades, capital, outcomes, and screenshots.
Reflect on whether trading is right for you, and explore volume spread analysis with a free 30-day indicator trial on TradingView.
Examine averaging down, risks, and when it might help, then apply money management and position sizing to exit losing trades and align with short term trading and long term investing.
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.