In this course you will learn about: The Principles of Trading
Principles of Trading Handout (pt.1)
Section 1: Understanding Trading
- Why Proper Trading is Not Gambling
- Knowledge is Power
- News Sources
Section 2: Creating a Trading Plan
- Planning the Trade
- Starting Small
- Trading Objectives
- Creating a Set of Rules
- Orders
- Determine Your Time Frames
- Locating Stocks
Section 3: What Makes Day Trading Difficult
- Markets are Eternal
- Trade With a Clear Mind
- Setting Entry Points
- Creating an Exit Strategy
- Using a Stop Loss
Principles of Trading Handout (pt.2)
Section 1: Risk Management
- Overleveraging
- Choosing a Broker for Success
- Due Diligence
Section 2: Studying a Company
- Industry and Competition
- Valuation Multiples
- Management and Ownership
- Balance Sheets
- Avoiding Penny Stock Companies
- History
- Dilution and Expectations
- Be Realistic About Profits
- Long Term and Short Term
