
Practice in a simulated environment to build a trading plan and learn basics such as order types, technical analysis, fundamentals, and the caution about risking capital.
This lecture covers the pure basics of supply and demand, trader expectations, bid-ask spreads, and derivatives like futures and CFDs, emphasizing discipline and a trading plan.
Plan your trade and trade your plan with a diary approach; let the market come to you, stay selective and patient, and use technical analysis with stop losses.
Explore trader types from scalpers and day traders to investors and algorithmic traders. Learn how each uses time horizons and signals, including technical, fundamental, intuitive, momentum, event, and arbitrage strategies.
Explore common order types across trading platforms, including limit orders, market orders, day orders, stop loss, stop limit, and good till canceled in futures contexts.
Gain a beginner's overview of trading, including line, bar, candlesticks, heikin-ashi, RSI and Fibonacci indicators, plus the educational path through workshops and accredited master classes, noting risk and professional advice.
A line chart shows daily closing prices with two trend lines, identifying long-term trends and support and resistance for investors, with a daily timeframe.
Discover how bar charts display price and time across any timeframe, show high, low, open, and close, and help draw trend lines to identify support, resistance, and direction.
Learn how candlestick charts show open, high, low, and close with colored bodies to indicate bullish or bearish moves, compare with bar charts, and interpret patterns like doji as indecision.
Explore one, two, and three candle candlestick formations—from hammer to evening stars, including doji, piercing lines, and engulfing patterns—while prioritizing price action.
Compare candlestick and Heikin-ashi charts on the same data to see how Heikin-ashi smooths trends, avoids gaps, and reveals market sentiment and trend direction.
Learn to use point and figure charts as pure price action tools, read market and volume profiles, and identify where buyers and sellers feel most comfortable, keeping analysis simple.
Explore the rsi for overbought and oversold conditions on a 0–100 scale, using 70/30 or 80/20 levels. Use fibonacci retracements with trend lines to gauge support, resistance, retracements, and breakouts.
Explore the fundamentals of equities and fixed income, including stock valuation, index construction, and the risk-return trade-offs between corporate and government bonds with fixed rates and maturities.
Discover how foreign exchange works, including major currencies, the dollar index, and pairs versus cross rates, and compare commodity pricing driven by fundamentals and demand.
Track profit, confidence, risk-reward, and trade outcomes with an excel diary. Record contracts, entry and exit times and prices, targets, stops, and notes on why you traded, plus key levels.
Identify common mistakes new traders make, such as lack of research, poor discipline, improper stop loss use, and rushing to live trades, then learn to trade consistently with risk management.
Keep your broker’s contact, account details, and passwords handy before trading live. Call the broker to confirm your position, review orders, cancel orders, and set stop loss and take profit.
Practice and research the fundamentals of the markets, gain risk management and technical analysis skills, and use a demo account to develop a trading plan with price action and momentum.
Explore technical analysis by identifying support and resistance levels, placing three orders from six lots, and experimenting with candlesticks, heikin-ashi, and timeframes to find what suits you.
Explore the basics of trading with practical courses that cover financial, commodity, and crypto assets, risk management, and funded account opportunities.
•Trading involves the risk of loss of capital and is not suitable for everyone. As many companies provide leverage you should be aware you could lose substantially more than your initial investment.
•Any views, opinions or other information provided is solely for educational purposes and does not constitute investment advice or a solicitation to trade or invest.
•You should carefully consider the risks, your financial situation and level of experience. You should ONLY risk capital you are prepared and more importantly can afford to lose.
•You should seek advice from an independent financial advisor if you have any doubts BEFORE risking your capital.
Its essential BEFORE trading real money you practice in a simulated environment to hone your skills and develop your trading plan. Set some objectives to reach before allowing yourself to risk your capital. Be warned: making money in a simulated environment is so much easier than live trading since there are no consequences.
Before you begin live trading, I suggest you decide on a maximum amount you will invest in yourself to become a trader. Then, do not break this limit.
When you are ready to trade live, remember one essential thing: only invest what you can afford to lose. Ensure you have sufficient funds to absorb early losses, or wait until you do!