How to Beat Wall Street: Big Ideas For Traders And Investors
4.5 (63 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
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How to Beat Wall Street: Big Ideas For Traders And Investors

Get up to speed with the stock market and learn how to trade stocks for profit and invest for long term wealth.
4.5 (63 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
2,319 students enrolled
Created by Joe Marwood
Last updated 9/2017
English
Price: $20
30-Day Money-Back Guarantee
Includes:
  • 3.5 hours on-demand video
  • 6 Articles
  • 8 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • HD Video, PDFs and worksheets
  • Lessons on fundamental and technical analysis
  • Lessons on risk, psychology, and trading system design
  • Lessons on technical analysis and price action trading
  • Lessons on market timing and following indicators
  • How to follow the big players, find trends and lots more
  • Full HTBWS eBook (249 pages)
  • Downloadable Amibroker code
View Curriculum
Requirements
  • All you need to take this course is an open-mind and a willingness to go through the material.
Description

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:

  • Lessons on how to trade and how to invest in the stock market
  • Lessons on fundamental analysis and technical analysis
  • Lessons on risk, trading psychology and money management
  • Lessons on timing, macroeconomics and trading styles
  • Learn how to trade the trend and manage a portfolio
  • Learn how to interpret news releases and fundamental data
  • Learn techniques for timing and trading stocks
  • Amibroker system code for 20 system ideas

As a bonus for taking the course today, you will also receive:

  • The full How to Beat Wall Street eBook (249 pages)
  • Extra PDF guides and trading worksheets
  • Advanced lessons on system validation and stress-testing

Who is this course for:

  • Absolute beginners
  • Advanced traders and investors
  • Anybody looking to gain insight into the principles of trading and investing

What are the requirements:

  • All you need to take this course is an open-mind and a willingness to go through the material.
Who is the target audience?
  • Investors and traders of all levels can take this course
  • If you're looking for a 'get rich quick scheme' don't take this course
Compare to Other Finance Courses
Curriculum For This Course
53 Lectures
08:58:14
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Disclaimer
1 Lecture 00:55

Please read the disclaimer.

Disclaimer
00:55
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Quick Wins
2 Lectures 09:17

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.

Preview 03:38

Trading is riskier than investing, which is more passive and focussed on long term wealth. In this video I show you five quick steps you can take to start investing in stocks in the safest way possible.

Preview 05:39
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Fundamentals
9 Lectures 39:18

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.

Preview 04:51

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?

Preview 06:21

A look at some famous position traders such as George Soros and Jim Rogers.

Preview 02:35

Central banks and characteristics of the Federal Reserve, Bank of England (BOE) and European Central Bank (ECB).

Preview 07:23

It is important to understand inflation for trading and to understand what kind of returns to expect.

What Is Inflation?
02:34

Keynesian macroeconomics and inflation.

John Maynard Keynes, Macroeconomics & The Role Of Inflation
04:52

The market cycle and understanding the yield curve.

Timing The Market Cycle & Following The Yield Curve
05:15

The quick start, practical guide to trading in stocks, bonds, forex and commodities.

Currencies, Economics And The Current Account
02:55

Another look at interest rates and how they affect the forex markets.

Interest Rates And Forex
02:32
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Timing
6 Lectures 26:36

Financial ratios, Shiller CAPE, and market cycle

Market Timing With Ratios, Shiller CAPE, Sentiment & Other Tools
15:20

A guide to the financial ratios used in the 11-rule Graham Value System.

Understanding Financial Ratios: A Quick Guide
8 pages

It's good to develop your own indicators, technical and fundamental to try and time the markets with precision.

Develop Your Own Indicators: Technical & Fundamental
02:22

Using moving averages to trade long term trends

Trading Long Term Trends With Simple Trend Following
03:21

Understanding momentum investing.

Momentum Investing For Long Term Profits
02:53

Using dollar cost averaging to invest each month. A steady and simple method for safe investing.

Dollar Cost Averaging (DCA): Steady, Simple Investing
02:40
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Risk & Psychology
3 Lectures 15:33

Setting risk and the Kelly formula

Optimising Risk Levels & Money Management Principles
08:59

Tips for working on trading psychology

Trading Psychology: Tips To Stay Ahead
05:29

An explanation of leverage. How it can be useful and dangerous.

What Is Leverage?
01:05
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Tips & Secrets
11 Lectures 56:05

How to beat the professionals and use diversify your investments.

How To Beat The Professionals
03:23

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!

How To Follow The Big Players
04:27

Safe places for your money.

Safe Havens: Where To Put Your Money During Hard Times
03:21

Another look at diversification. How different assets can smooth a portfolio.

Diversification For Smoother Profits
05:52

Taking advantage of compounding to grow wealth.

Compounding: The Eighth Wonder!
01:38

How to trade news releases like non farm payrolls.

Day Trading News Releases For Profit
06:56

How to use the straddle strategy on major news releases.

The Straddle Strategy
03:00

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.

Must Watch: How To Buy The Rumour Sell The Fact
06:36

Using social networks such as Twitter to spot trends and react to breaking news.

Trading With Social Networks
02:22

How to stay alive in the markets.

How To Avoid Blowing Up In The Stock Market
11:25

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.

More Secrets From Trading Professionals
07:05
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Technical Analysis
7 Lectures 47:33

Let's get into technical analysis and talk about the building blocks of TA: price action trading and trend lines.

Technical Analysis & Price Action Trading
08:16

An introduction to day trading using naked price action and pivot points.

Day Trading With Pivot Points & Naked Price Action
06:01

An introduction to trading using Japanese candlesticks.

Day Trading With Japanese Candlesticks
05:41

An introduction to trading using Bollinger Bands.

Day Trading With Bollinger Bands
05:06

An introduction to trend following with moving averages, a look at RSI and the Larry Williams %R Indicator.

Moving Averages, RSI & Williams % R Indicator
10:37

How you can identify parabolic moves in stocks and how to use the average true range (ATR) indicator.

Parabolic Moves & Average True Range (ATR)
07:14

Some final tips for technical analysis trading.

Final Tips For Technical Traders
04:38
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Trading System Design Pointers
4 Lectures 26:02

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.

Trading System Design & Optimizaton
12:30

Improbable events occur all the time. Your trading system may be actually random without you knowing it.

Selection Bias: Is Your Trading System Random?
03:57

Introduction to Monte Carlo analysis for trading systems.

What Is Monte Carlo Analysis?
03:10

Running Monte Carlo simulations using Amibroker and Equity Monaco.

Equity Monaco can be downloaded from http://equitymonaco.software.informer.com/

Running Monte Carlo simulations
06:25
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Trading Strategies
5 Lectures 05:15

Includes extra material and Glossary

Full HTBWS eBook with 20 trading system ideas
249 pages

Amibroker formulas for the trading systems.

Amibroker System Code
00:03

A discretionary trading strategy for small cap stocks using StockTwits and volume.

Small Cap Discretion
05:12

A unique trend following strategy for stocks that also incorporates fundamental ratios.

Trend Following With A Twist (PDF)
8 pages

A portfolio strategy for equities designed to find bargain-basement companies.

Extreme Discount Investing (PDF)
6 pages
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Resources
4 Lectures 00:08

Thanks to GreatPig from the Aussie Stock Forum for this resource and hats off to Keefymonster for the tip.

Learn Looping in Amibroker
22 pages

Test your knowledge with these worksheets for traders.

Trader Worksheets: Test Your Knowledge
8 pages

A study into stop losses on stocks. 6 examples put to the test.

Ultimate Guide To Stop Losses Part 1
10 pages

Recommended resources for traders and investors.

Recommended Resources
00:08
1 More Section
About the Instructor
Joe Marwood
4.2 Average rating
694 Reviews
21,482 Students
8 Courses
Trader & Investor

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.

FAQ

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.