Day 1 - Introduction
The goal of any trader is to turn profits on a regular basis, yet few people ever really make consistent money as traders. What accounts for the small percentage of traders who are consistently successful?
Day 2 - The Basics of Analusis and Rational Trading
For a number of years, fundamental analysis was considered the only real or proper way to make trading decisions. Today the opposite is true. Almost all experienced traders use some form of technical analysis to help them formulate their trading strategies.
Day 3 - Basic Principles
To operate effectively in any trading environment, you need rules and boundaries to guide your behavior. It’s a simple fact of any trading, no matter what “system” you’ve developed.
Day 4 - Characteristics of Successful Traders
Successful traders have a few things in common. Developing these characteristics and habits will help make you a successful trader.
Day 5 - Playing to Your Strenghts, Overcoming Your Weaknesses
Every individual has different behavior patterns that make them unique. By understanding your own habits and behaviors, you can greatly improve your trading abilities and your ability to accumulate wealth.
Day 6 - Winning Psychology
Most traders who are successfully initially end up losing all their gains – and more. To be successful, you have to acknowledge this pattern… and then break it.
Day 7 - Avoiding Common Pitfalls
Most markets have predictable trends and repeated patterns. Why? Because most things that happen in the markets are a results of the motivations of the people in those markets.
Day 8 - Sound Money Management
If you don't use good money management by locking in profits, taking small losses on the picks you're wrong about, and controlling your use of margin, eventually you'll lose it all, no matter how good a trader you are.
Day 9 - Trading Systems
There are many ways to profit from the markets. There is however, one common element all successful traders have: they approach trading in a systematic way.
Day 10 - Final Words
Trading is a means to an end. Trading is not an end in itself.
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This course is for general information and not prepared for a person's specific investment objectives, financial situation or needs. It is published on the understanding that nothing contained herein is to be construed as a specific advisory recommendation or invitation to trade any securities, contracts or any financial products. It should be noted that trading in securities, futures contracts and any other financial products involves high risks and anyone who buys or sells any securities or contracts are doing so at his or her own risk. Please consult a licensed investment advisor before making any investment decision. Further note that no method of trading is foolproof and past performance is no guarantee of future results. We do not guarantee the accuracy, reliability or completeness of the information in this guide and nothing contained herein should be made the basis by anybody for any claim, demand or cause or action.