Course Outline

INTRODUCTION TO THE FINANCIAL MARKETS

  • The Opportunity
  • The Bleak Reality 
  • The Mystery
  • The Market Makers
  • Orders
  • The Real Dynamo of the Market: The Business Cycle of the Market Maker
  • Trading & Investing 

TECHNICAL ANALYSIS

  • What is Technical Analysis?
  • Interaction to Market Charts 
  • Dow’s Theory
  • Trends
  • Volume
  • Chart Patterns
  • Moving Averages
  • Support and Resistance 
  • Market Cycles 
  • Indicators and Oscilators

ELLIOT WAVE PRINCIPLE

  • Introduction
  • Why I Use the EW as my preferred strategy for PMD
  • The Problem with Elliot Waves
  • The Idea of a Wave in the Markets
  • Basic Elliot Waves Definitions and their Rules
  • Guidelines of Wave Formation
  • Elliott wave Analyst vs Trader 
  • Anil Mangal’s Elliott wave Trading Unit
  • Counting Elliott waves Made Easy

TRADING STRATEGY

  • Trader vs investor, if trader, what kind of trader?
  • Instruments you will be trading
  • Strategy for entering trades
  • Pre-entry checklist
  • Set up and confirmation and conditions 
  • The Fear of Loosing Money ( FOLM) and the Fear of Missing Out( FOMO)
  • Patience 

TRADE MANAGEMENT 

  • The Ethos of Trade Management
  • Trader’s Psychology 
  • Risk Control 
  • Mastering Self
  • Record Keeping