I believe that a trading course should only be offered if it will equip the attendees with the ability to trade with success. Whilst this may seem like an obvious statement, I have been astounded, disgusted and amazed at the sheer volume of courses which simply regurgitate methods clearly obtained from the texts of gone eras, without any real understanding for exactly how and why the price of any market may behave in a certain way.
Many of the courses on offer are simply incomplete and will set the unwitting student up for complete wipe out of trading capital. Put another way; I would not teach anyone who wanted to learn to drive, how to start the engine of a car, put it in gear, operate the clutch and the accelerator, and then say that you can now drive! There will come a time when you will need to steer, brake, and understand certain rules and etiquettes of the road. Many so called trading courses are exactly like this. The workshop offered here is complete and I see no value in teaching parts, or modules any more than teaching someone to fly a plane, without then teaching him/her how to land it! The end result is inevitable.
This course is not an up sell for a greater, more advanced course! There is no “advanced course” or “master traders course” nor is there a “super traders course” which can only be accessed once all of the previous modules have been taken at £xxxx’s per course!
This course will equip you with the right tools and mindset to trade in harmony with who you are. It will assist you in the development of your own methodology and teach you to hang on to your trading capital when things get tough.
Furthermore, I will provide lifetime support to all delegates of this course by email, skype and weekly video examples and tutorials, and you may re-take the course for free.
Please register your interest in upcoming workshops here.
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Learn How to Trade workshops are run from our Loughton offices in Essex. The courses take no more than 6 students at a time.
Who is it for?
These courses are for anyone with an interest in Trading/Investing successfully. Whether you have no knowledge or experience of the markets or whether you have been trading with limited success, this course will benefit everyone.
You will be provided with all of the knowledge necessary to be able to trade for a living and to be able to manage long and short term investments. There will be theory modules, at the end of which there will be practical exercises to develop the skill required. Much time will be spent on the mindset and psychology of trading.
At the end of the course each student should be able to:
1) Clearly define their strategy and be able to write it down into a trading plan.
2) Choose a market, analyse its chart and identify if there are any opportunities.
3) Define the risk and the target in clear terms.
4) Remain objective (to be able to change your mind about a trade if the variables have changed).
5) Enter the order into the market and execute the trade without procrastination.
6) Remain disciplined in the face of a string of losers or winners, and keep applying the same workable methodology.
There will be a clear understanding of the correct use of different time frames and chart types including Market Profile.
A selection of technical indicators will be introduced.
There will be a thorough training of the use of Fibonacci ratios.
There will be thorough training and exercises in identifying institutional order flow.
Several traditional chart patterns will be explored.
The student will be armed with enough knowledge to be able to choose a style which suits their personality and incorporate it into a trading method and plan.
After 1 Month, the student should be profitable and be developing his/her pattern recognition skills to increase the numbers of opportunities.
At the end of the “classroom” period of learning there will be immersion into charts to identify trading opportunities in the live markets.
Once this has been thoroughly learned, live trades will be taken. A pass is only when the P&L account is positive after 10 or more trades.
Final day will be examination and evaluation, with constructive criticism to develop and strengthen the student.
Trend Lines, Channels, Triangles. Double tops and bottoms, Head and Shoulders, Ranges, Expanding Triangles, Diamond tops and bottoms, Cup with handle, Flags, Pennants, Island reversals, Scallops, Rising peaks, falling peaks.
PRACTICAL; OPEN CHARTING PROGRAMME AND SET UP CHART WITH TECHNICAL INDICATORS.
IDENTIFY PATTERNS LEARNED IN THIS MODULE.
2) Times frames and cycles.
Correct method of analysis using time frames.
Identification of cycles within cycles through the time frames.
Application of Fibonacci ratios to ascertain market direction.
PRACTICAL; FILL IN THE NEXT MOVE!
3) Pattern recognition.
Introducing Fibonacci analysis to the following patterns:
AB=CD – Bullish & Bearish.
Gartley – Bullish & Bearish.
Butterfly- Bullish & Bearish.
3 Drives to a top.
3 Drives to a bottom.
Head and Shoulders.
Inverted Head and Shoulders.
PRACTICAL: FIND THE ABOVE PATTERNS AND APPLY FIBONACCI ANALYSIS.
4) Fundamental Analysis.
Which information should be monitored for each market.
How to correctly interpret this data.
Where to find data.
5) Institutional order flow;
Explanation of why this works
Identify high probability supply and demand areas.
PRACTICAL: IDENTIFY ALL SUPPLY AND DEMAND AREAS. LABEL THEM IN TERMS OF STRENGTH OF IMPORTANCE.
6) Market Profile.
Explanation of the profile and importance /meaning of volume.
The bell curve.
Single prints/ buying and selling tails.
Double distribution day.
PRACTICAL; IDENTIFY ALL OF THE ABOVE FROM A NORMAL CANDLESTICK CHART.
7) Risk control/Money management/ Trading Psychology.
Risk reward ratios and targets.
PRACTICAL; FIND 10 TRADES ON ANY TIME FRAME. WRITE OUT RISK TO REWARD RATIO.
8) Putting it all together.
Open chart and analyse from the top down. Prepare a bias report, through the use of pattern recognition, explaining the reasoning and logic for the bias in each time frame.
Consider the fundamentals.
Identify an opportunity from the report.
Write out the entry, stop and limit.
9) Futures markets.
The exchanges and products listed in each.
10) Simulated Trading.
Objective is to graduate to live trading by becoming consistently profitable.
Evaluation after every 10 trades.
11) Live Trading.
This will be the final acid test as to the understanding and application of the course.
Student will use real money in the live market to trade under my supervision.