About the Course
In How to Beat Wall Street, I walk you through several unique stock trading strategies and offer you the tools and tutorials that will enable you to consistently profit from the stock market.
Whether you are interested in short-term stock trading or long-term investing, this course explains the foundational logic of trading and investing philosophy and further elaborates a set of guiding principles – money management, market psychology, trend following, etc.– that will prove instrumental in paving your way to success on the stock market.
A complete beginner or an advanced trader, this course will undoubtedly offer you a rich variety of tips and advice on how to trade and invest smarter than the competition. The trading ideas discussed in How to Beat Wall Street are unique to this course and will give you an insider's perspective into trading and investing on the stock market.
Even though the course follows a natural progression, some of the most effective trading ideas in How to Beat Wall Street will require your full critical attention in order to completely reap the benefits of this course.
Read what other students have been saying:
“Great for beginners and experienced. I just started learning how to manage my own portfolio and this course really helps set me in the right direction.”
— Felix Thea
“I've been trading for a little while but am always interested in new information. I got a lot of great info from Joe's course.
— Mark Radcliffe
“Concise, easily digestible, easy-to-follow lessons. I was skeptical at first about trading and the risks involved. But now, after going through this course, I'm ready to get serious with trading. Covers the fundamentals up to trading methods. Well worth the time and money invested in taking this course. Highly recommended!”
— Michael Choke
This course covers:
As a bonus for taking the course today, you will also receive:
Who is this course for:
What are the requirements:
Please read the disclaimer.
There is a lot of material to come on this course. So here are five quick steps you can adhere to today to improve your trading chances.
Introduction to two styles of trading: mean reversion and trend following.
A run down of different types of traders and a look at some famous positions traders.
Brief introduction to the course and an introduction to financial trading. Did you know the first futures exchange can be traced back to ancient Greece?
A look at some famous position traders such as George Soros and Jim Rogers.
Central banks and characteristics of the Federal Reserve, Bank of England (BOE) and European Central Bank (ECB).
It is important to understand inflation for trading and to understand what kind of returns to expect.
Keynesian macroeconomics and inflation.
The market cycle and understanding the yield curve.
The quick start, practical guide to trading in stocks, bonds, forex and commodities.
Another look at interest rates and how they affect the forex markets.
Financial ratios, Shiller CAPE, and market cycle
A guide to the financial ratios used in the 11-rule Graham Value System.
It's good to develop your own indicators, technical and fundamental to try and time the markets with precision.
Using moving averages to trade long term trends
Understanding momentum investing.
Using dollar cost averaging to invest each month. A steady and simple method for safe investing.
Setting risk and the Kelly formula
Tips for working on trading psychology
An explanation of leverage. How it can be useful and dangerous.
How to beat the professionals and use diversify your investments.
It can be a good idea to keep tabs on what the big investors and players are doing. As they say in trading, you should follow the money!
Safe places for your money.
Another look at diversification. How different assets can smooth a portfolio.
Taking advantage of compounding to grow wealth.
How to trade news releases like non farm payrolls.
How to use the straddle strategy on major news releases.
It is crucial to understand market sentiment as this will dictate how markets react to upcoming news and events. How to buy the rumour and sell the fact.
Using social networks such as Twitter to spot trends and react to breaking news.
How to stay alive in the markets.
More trading quotes and secrets that most retail traders don't know about. You can only find out these secrets from working as a professional trader.
Let's get into technical analysis and talk about the building blocks of TA: price action trading and trend lines.
An introduction to day trading using naked price action and pivot points.
An introduction to trading using Japanese candlesticks.
An introduction to trading using Bollinger Bands.
An introduction to trend following with moving averages, a look at RSI and the Larry Williams %R Indicator.
How you can identify parabolic moves in stocks and how to use the average true range (ATR) indicator.
Some final tips for technical analysis trading.
The building blocks of trading system design. How to design a successful trading system and perform basic optimisations to come up with the best parameters.
Improbable events occur all the time. Your trading system may be actually random without you knowing it.
Introduction to Monte Carlo analysis for trading systems.
Running Monte Carlo simulations using Amibroker and Equity Monaco.
Equity Monaco can be downloaded from http://equitymonaco.software.informer.com/
Includes extra material and Glossary
Amibroker formulas for the trading systems.
A discretionary trading strategy for small cap stocks using StockTwits and volume.
A unique trend following strategy for stocks that also incorporates fundamental ratios.
A portfolio strategy for equities designed to find bargain-basement companies.
Thanks to GreatPig from the Aussie Stock Forum for this resource and hats off to Keefymonster for the tip.
Test your knowledge with these worksheets for traders.
A study into stop losses on stocks. 6 examples put to the test.
Recommended resources for traders and investors.
Joe B Marwood is a trader and investor specialising in financial trading and mechanical trading systems.
He began his career trading stock and bond futures for a prop trading firm in the UK and now works through his own private company.
How did you get started?
I started my career as a professional day trader for a UK-based prop firm where my principal products were the FTSE 100 future and German Bund.
Today I trade a portfolio of individual stocks and occasionally futures and I have a passion for building automated trading strategies and systems.
What is your trading style?
I use a mechanical strategy to trade on a largely end of day basis. I look at both fundamental and technical analysis and use strategies that are based on historical simulations. I often combine those strategies with my own experience and discretion to come up with trades that I believe are the most attractive on a risk/reward basis.
Mean reversion or trend following?
I have found that traditional trend following methods do not work as well as they once did. My methods are based on my own observations on the market whether they are based on momentum, trends, mean reversion or anything else.
Who taught you how to trade?
My mentor was a former head of trading at a well known German investment bank. I have also read and studied countless books, journals, and articles, and have spent many hours in the market. You can never stop learning.
Why did you make this course?
To educate others so that they don't make the same mistakes I made. Learning to trade can be a very expensive and drawn out process. As a trader, it is also extremely beneficial to have sources of side income as that takes the pressure off your own trading. Putting what I have learnt into a course also solidifies my own learning.
What are the secrets to successful trading?
First of all, you must have the passion to succeed. If you are in it only for the money you will have a very tough time and will be doomed to failure. You must also be comfortable with risk and be able to separate your emotions from the money. Having a system with a profitable expectancy is also crucial and for that you will likely need a strong ability with numbers.
Why do most traders fail?
Most traders start off under-capitalised and then chase unrealistic returns which results in them blowing their account after a couple of big losses. Most beginner traders do not realise the realities of trading which is why they have trouble sticking to trading plans and dealing with their emotions. Trading should be treated as a business.