Learn all aspects of real-world trading from professional traders by using advanced technical analysis, trading tactics and other tools used by the Wall Street pros.
Overview
The objective of the Technical Analysis & Practical Day Trading course is to prepare investors and traders to trade like professionals and make a living from active trading.
Whether you have never traded before, or only trade once in awhile, this course will teach you the secrets and practical aspects of the active trading world, with an emphasis on technical analysis, risk management, psychology, and the use of case studies.
You will learn technical analysis from the basic to the most advanced levels, utilizing techniques and high probability chart patterns used by professional traders and market makers. We will teach you how to identify patterns that stocks exhibit in charts of various time frames, and show you how to capitalize on that data by knowing how to enter, manage, and exit the trade appropriately.
Some of the practical tools our students will enjoy:
Analysis and case studies of current events in the market as they apply to the course a material.
Working with trading platforms & technical analysis tools used by Wall Street professionals.
Learn advanced secret trading techniques used by NASDAQ market makers.
Identify and develop the right trading style for you , while understanding how to adapt to changing market conditions
Brief Curriculum:
Part 1: The Trader´s Environment Learn the basic elements, nuances and lingo of the day-trader environment. Understand the markets in which you will participate – what moves them and who the key players are.
Part 2: Technical Analysis I - Classic Analysis Establish the foundation to your technical analysis knowledge. Learn about the key chart patterns that are the ABC's of technical analysis, and the different technical and systemic approaches used by traders.
Part 3: The Trading Day Get ready for your trading day. Conduct your own research, arrive prepared and equipped with the information necessary to have a successful trading day. Learn how to respond to the different events that regularly occur throughout the day. Learn the secrets of shorting stocks.
Part 4: Know the Marketplace Learn about key indices every trader should follow, their derivatives and how institutions use them to move the markets. Learn how special events can move stocks, and how to make money from it.
Part 5: Technical Analysis II - Swing Trading Patterns Hunting for trend reversals and using profitable & low risk techniques for short term moves.
Part 6: Technical Analysis III - Advanced Technical Indicators Use moving average, stochastic and momentum analysis to confirm the reliability of technical patterns. Learn how to trade as a systemic trader with these powerful indicators.
Part 7: Psychology & Risk Management Identify the risks, how and when to use stops, setting trading rules and developing a disciplined approach for surviving the business of investing in the long run.
Small Groups
We believe that personal attention and tutoring is the most effective way to help you understand the material and succeed. Therefore, each class has a high teacher to student ratio (max. of 10 students per class, guaranteed) to give our students personal attention, training and the depth of knowledge they need to be successful traders.
Learn the basic elements, nuances and lingo of the day-trader environment. Understand the markets in which you will participate – what moves them and who the key players are.
1.1
Trading – Definitions and Skills
1.2
Market Terminology
1.3
Reading Market Data
1.4
Trading Executions
1.5
Order Types
1.6
Using Level II Screen and Data
1.7
Using ECNs
1.8
Risk Management with Level II
1.9
Economic and Market Conditions
1.10
Economic Indicators
1.11
Market Indicators
1.12
Sector Analysis
1.13
Trading Styles Overview
Day Trading
Scalping
Momentum Trading
Swing Trading
Position Trading
What is the Right Style for You?
1.14
The Market Maker
Know Your Market Maker
Wire Houses
Investment Banks
Wholesalers
Regional Firms
Level II – Scenarios
If They Tell You to Buy
For Your Benefit...or Theirs?
1.15
Finding Stocks to Trade
Stock Screening Criteria
10 High Probability Criteria
Adapting Criteria to the Market Conditions
Using the Internet for Stock Screening
Part 2 - Technical Analysis I - Classic Analysis
Establish the foundation to your technical analysis knowledge. Learn about the key chart patterns that are the ABC's of technical analysis, and the different technical and systemic approaches used by traders.
2.1
Technical Analysis Basics
Basic Chart
Drawing Support & Resistance Lines
Support & Resistance
Initial Trend Line
Trust the Trend Line
Moving Averages
Classic Moving Averages
Simple vs. Exponential Moving Averages
Working within Different Time Frames
2.2
Continuation Patterns
2.3
Trend Reversal
Bump & Run
Double top
Double bottom
Head & Shoulders Top
Head & Shoulders Bottom
Falling Wedge
Rising Wedge
Rounding Bottom
Triple Top
Triple Bottom
2.4
Trend Continuation
Ascending Triangles
Descending Triangles
Symmetrical Triangles
Cup with Handle
Flag, Pennant
Rectangles
Price Channels
Measured Move (Bull / Bear)
2.5
Symmetrical Triangle - Bearish
2.6
Ascending Triangle - Bullish
2.7
Descending Triangle - Bearish
2.8
Bullish Flag
2.9
Bearish Flag
2.10
Bull Pennant
2.11
Bear Pennant
2.12
Bearish Wedge –Asymmetrical Triangle
2.13
Multiple Patterns - IntraDay
Cup with Handle
Volume as Pressure
Intraday Volume at Key Times
Volume Pace Required to Break
High Volume on Breakout
Low Volume on Pullback
Volume Drive Price
Climactic Volume
2.14
Gaps - What are they?
Common Gaps
Breakaway Gaps
Breakaway – Intraday Behavior
Runaway Gaps
Exhaustion Gaps
When is a Runaway gap an Exhaustion Gap?
Island Reversal Pattern
Upside Opening Gaps
Trading the Opening Gap Fade
NASDAQ PMI – What Will the Gap Be?
Upside Opening Gaps
2.15
Key Reversal Days
2.16
Reversal Day
Part 3 - The Trading Day
Get ready for your trading day. Conduct your own research, arrive prepared and equipped with the information necessary to have a successful trading day. Learn how to respond to the different events that regularly occur throughout the day. Learn the secrets of shorting stocks.
3.1
Preparing for the Trading Day
Pre-Market Trading Environment
Checking Critical Support/Resistance Levels
The Slightly Bigger Picture
Does the Market Fit into the Picture
Roadmap to Risk Management
Trade Plan
Market Opens
Plan Review
Forming an Initial Viewpoint
3.2
Events During the Trading Day
The Opening
First Reversal
Milder Reversal
The Stagnation
Lunchtime Moody Blues
Break Out or Down
The Closing
3.3
Secrets of Shorting
More Than One Possible Entry
Don’t Be a "Pioneer"
Shorts Can be Wonderful
What Will the Level II Box Look Like?
Let the Platform Help
Short Squeeze
How Would You Get Short, Now?
Golden Nugget Secret for Shorting
Part 4 - Know the Marketplace
Learn about key indices every trader should follow, their derivatives and how institutions use them to move the markets. Learn how special events can move stocks, and how to make money from it.
Index Trading Instruments:
- E-mini
- Pit Traded Futures
- ETFs (QQQQ, SPY, DIA)
- Fair Value
Arbitrage and Buying/Selling Programs
Sector Indexes
4.2
Special Situation Trading
Earnings Season
Analyst Upgrade/Downgrade
Tender Offer/Takeover Bid
FOMC Interest Rate Release
Quadruple Witching Day
Window Dressing Season
Part 5 - Technical Analysis II - Swing Trading Patterns
Hunting for trend reversals and using profitable & low risk techniques for short term moves.
5.1
Current Status of the Market
5.2
Candlestick Patterns
Basic Candlestick Forms
Candle East/West Translation
Harami
Basic Reversal Patterns
Engulfing Pattern
Evening Star
Morning Star
Dark Cloud Cover
Hammer
Shooting Star
3 White Soldiers
3 Black Crows
Hanging Man
5.3
Breakouts
5.4
Hunting Swings
5.5
How to use Volume
Part 6 - Technical Analysis III - Advanced Technical Indicators
Use moving average, stochastic and momentum analysis to confirm the reliability of technical patterns. Learn how to trade as a systemic trader with these powerful indicators.
6.1
Moving Averages Convergence/Divergence (MACD)
The 12 & 26 Period EMAs
MACD With All Four Elements Shown
Positive & Negative Divergences
6.2
Linear Regression Channel
6.3
Relative Strength Indicator (RSI)
RSI Long Term
RSI Short Term
6.4
Stochastics
An Idealized View of Stochastics
Stochastics - %K and %D
Stochastics – "%D slow"
Stochastics – Slow and Fast
6.5
Bollinger Bands
Bollinger Bands on Daily Charts
Intraday Bollinger
6.6
Fibonacci
Fibonacci Retrenchment Levels
More Ratios
3 Major ways of Looking at Fib Retrenchment
Fibonacci Extensions
Clusters or Confluence
Fibonacci Time Zones
Fibonacci Fans
Projections
Fib Profit Objectives
6.7
Elliott Wave Theory
5 Up and 3 Down
10 Survival Skills
6.8
Technical Indicator Traps
Part 7 - Psychology & Risk Management
Identify the risks, how and when to use stops, setting trading rules and developing a disciplined approach for surviving the business of investing in the long run.
Class Material Binder & CD
Each student will receive a binder with all class slides and material printed. The printed slides have room to write notes. Also included are class exercises, handouts and a CD with graphics and charts.
All material is organized in accordance with the curriculum.
Repeating Classes
Missed a class? Want a better understanding of certain subject you learned in class? You may retake the course as many times as you would like for a whole year. Just fill out the online form, indicating the class or classes you would like to attend and when, and we will book your seat (based on availability).
Membership
Graduation from our courses does not mean your relationship with us ends. Our graduates will receive access to our special investor forum, where you can ask questions and exchange ideas with instructors as well as other investors like yourself. We will also invite you to participate in our annual conference, free of charge.
23-Jun-08 -- 16-Jul-08 Mondays & Wednesdays (Twice a Week) Wall Street Campus
5:30pm-9:30pm
07-Jul-08 -- 11-Jul-08 Monday - Friday (5 sessions in a row) Wall Street Campus
9:00am-4:00pm
04-Aug-08 -- 08-Aug-08 Monday - Friday (5 sessions in a row) Wall Street Campus
9:00am-16:00pm
Advanced Courses:
Technical Analysis & Practical Day Trading Course 201 Learn from professional institutional traders all aspects of the real trading world using by using advanced technical analysis, trading tactics and the tools that the Wall Street pros use. »More
Practical Options Trading & Strategies Course 301 Understand the ins and outs of the options and the options markets. You will learn how to use simple and advanced strategies for speculative income, cash flow income and portfolio hedging. »More
Commodities Futures Trading Course 401 In this course you will learn both the fundamentals of the various commodities markets and commodities technical analysis. You will learn how to trade with professional trading platform. »More
Questions? Get quick answers to your Questions. we are here to assist you:
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Course 101
Introduction to the Markets & Practical Investing Establish the foundation to your financial knowledge and learn the principles of investing in the stock market and much more with our hallmark curriculum.
Course 401
Commodities Futures Trading In this course you will learn both the fundamentals of the various commodities markets and commodities technical analysis. You will learn how to trade using a professional trading platform.
Course 201
Technical Analysis & Day Trading Learn all aspects of the trading world from professional institutional traders using advanced technical analysis, trading tactics and the tools that the Wall Street pros use.
Personal Investment Training Private Lessons Take advantage of this one of a kind opportunity to privately study with a professional investor to establish your financial knowledge and learn the facts about investing in the stock market.
Course 301
Options Trading Understand the ins and outs of the options and the options markets. You will learn how to use simple and advanced strategies for speculative income, cash flow income and portfolio hedging.
Day Trader Mentoring A new program for those seeking to earn a living by day trading or short-term trading. The mentoring will be done on a professional trading floor in Manhattan by a high profile professional trader.