Overview

Day trading is an opportunity to independently work from home before or after a regular job and make a nice, supplemental income. But without the proper training it's easy to lose thousands before you figure out day trading. With adequate education you can save thousands and clear your path to a fine second or main stream of income.

Too often beginner traders enter the market without the necessary education, knowledge and practice needed. As a result they take excessive, expensive and unnecessary risks hoping for higher returns. This introductory, basic course will teach you a few very effective methods to successfully trade in the market with confidence.

Imagine waking up every morning with a clear plan in mind, and knowing exactly what to look for when trading stocks. Imagine a future where you're making smart trades and earning profits on your own terms in your home office. With the proper education, this is very possible.

You'll feel confident and excited, knowing that you have the basic education, skills and knowledge to make informed day trading decisions that will yield impressive returns. Unfortunately, many traders struggle to achieve this level of success. They lack the proper education and tools. This can lead to frustration, stress, and large losses.

Day trading can be a difficult and complex process that takes years to master. But I have a way to make it easier to follow and understand. As a successful day trader myself, I know firsthand the challenges and frustrations that come with day trading. It can be overwhelming to understand the basics, navigate the markets, interpret the data, and make quick decisions with confidence.

This is why I created this basic, introductory day trading course to give you the overview you need to start a confident and successful day trading career. You can avoid spending years of your life learning the basics on your own! My background as former college professor and 25+ years of professional training helps me present this material in a crystal-clear, easy-to-understand manner

In this course, you'll learn powerful basic techniques and strategies that can help you avoid losses and generate consistent profits. You'll discover the basics of day trading, how to identify trends or profitable reversals, spot trading opportunities, and execute trades that can generate large profits. You'll also learn how to minimize losses.

You'll be introduced to a few profitable candlestick symbols and chart patterns along with the best-performing indicators to help you easily identify potential, profitable trend reversals or continuations. The markets are constantly changing. If you don't understand the basics of the game, you risk being left behind.

Day trading is a great opportunity for a second income stream. Don't let the fear of the unknown stop you from unleashing the power of day trading. Learn the basics of day trading with this valuable 90-minute introductory course.

Why you should Attend

• Understanding the Numbers - Risk/Reward Calculation and Risk Mitigation
  • Asset Classes to Trade
  • Risk
    • SEC Pattern Day Trader (PDT) Rules and Ways Around Them
    • Day Traders v. Swing Trader 
    • Risk Mitigation via Risk Amount and Total Account Size
    • Number of Shares to Buy, Stop Loss Calculation and Average Trading Range (ATR) 
  • Risk/Reward Ratio and Breakeven
    • Accuracy - Win Ratio
    • Examples Using Excel Data Tables 
  • Understanding Short Selling
  • Potential Revenues 
  • It All Depends on Supply and Demand
    • Float v. Outstanding Stock
    • Smart Money, Market Makers and Retail Traders
    • Bid, Ask and Slippage
• Understanding Japanese Candlestick Charts and Chart Trading Patterns - An Introduction 
  • History of Japanese Candlestick Symbols and Charts
  • Understanding the elements of a Candlestick Symbol
  • Understanding and Using Time Frames for Effective Trading 
  • Understanding Context - Where is the Candlestick Located and What Does That Mean?
  • The most important Candlestick Symbols 
    • Bullish/Bearish Engulfing and Location in Chart
    • Bullish Hammer v. Inverted Hammer and Location in Chart
    • Morningstar v. Bearish Shooting Star or Hanging Man and Location in Chart
    • Bullish and Bearish Harami - Inside Candles
    • Doji/Spinning Top and Location in Chart 
  • Volume Indicators
  • Understanding Context - Where is the Candlestick Located and What Does That Mean?
• Understanding Chart Patterns - An Introduction
  • The Trend is Your Friend - Up, Down and Sideways Ranging
    • Higher Highs and Higher Lows; Lower Highs and Lower Lows
    • Ranges and breakout from ranges
    • Tracing a trendline; breaks in trendlines
  • Understanding Support and Resistance and Supply and Demand
  • Understanding Trends and Reversals
    • Double bottom/W-Pattern
    • Double top/M-Pattern
    • Head and Shoulders; Inverse Head and Shoulders
  • Understanding Support and Resistance and Supply and Demand 
• Understanding Chart Indicators - An Introduction
  • Simple Moving Averages (SMA) v. Exponential Moving Averages (EMA) 
    • Fast and Slow Signal: Example 9 EMA and 21 EMA 
  • The 9, 21, 55 and 200 SMA
  • Understanding the Volume Weighted Average Price (VWAP) and How To Use It
    • Price > VWAP
    • 9 EMA > VWAP
    • 9 EMA > VWAP and 21 and 55 EMA
  • Using Central Pivot Points for Support and Resistance
  • Bollinger Bands
  • Relative Strength Index (RSI) and How To Use It
• Strategies, Scans and Tactical Applications - An Introduction/Example
  • Momentum Strategy
  • Scanning for Strategies
    • Using FinViz for Free for Effective Scans
    • The impact of low float and low price stocks
    • Evaluating daily trend (short or long bias)
    • Evaluating daily performance
    • Scanning the SMA 20, 50 and 200
• The Psychology of Trading - Briefly
  • Avoiding Fear and FOMO (Fear of Missing Out) 
  • The Importance of Patience
  • Courage and Persistence: The 85% Rule When You're Stopped Out

Areas Covered in the Session

• Understand different asset classes that are traded: stocks, futures, more
• Legally avoid the government Pattern Day Trader (PDT) compliance rules
• Mitigate trading risk using effective Stop Loss techniques
• Navigate the trading risk/reward math and breakeven equation
• Understand how short selling works for day traders
• Learn the difference between a stock's float and outstanding shares
• See how to work the Bid price and Ask price of a security
• Understand the different ways Institutional Smart Money, Market Makers and Retail Traders profit
• Read and Understand Japanese Candle Stick patterns and what they mean based on chart location
• Differentiate between bullish and bearish Candle Stick symbols
• Understand what stock charts are telling us
• Use different time frames for effective day trading for a big picture and tactical advantages
• Effectively interpret technical chart patterns
• Recognize the difference between trending and ranging stocks and when to avoid trading
• Use chart indicators to make profitable trades 
• Learn how to use different moving averages to advantageously predict price increases/decreases
• Use key price levels such as support, resistance, and Value Weighted Average Price (VWAP) to enter trades
• Use Bollinger Bands to see stocks trading 95% above/below their normal level
• Learn how to screen stocks for attributes often leading to a daily price increase
• Understand day trading price momentum strategies - trade the breakout strategy
• Examine the psychology of day trading and control your emotions

Who Will Benefit

• Stock Market Personnel
• Bankers
• Accountants
• CPAs
• Financial Professionals
• Securities Brokers
• Securities Analysts
• Commodity Traders
• Computer Programmers
• System Analysts
• Business Analysts
• Data Analysts
• Business Intelligence Analysts
• Research Analysts
• Financial Analysts
• Data Scientists
• Statisticians
• Virtual Reality Developers
• Artificial Intelligence Developers/Engineers
• Video Game Designers
• CAD Operators
• Blockchain Developers
• Machine Learning Engineers
• Software Developers
• Python Developers
• Controllers
• CFOs
• CIOs