How to Day Trade for a Living: From Beginner to Pro
Published 04/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Genre: eLearning | Language: English + srt | Duration: 16 lectures (2h 6m) | Size: 2.28 GB
Published 04/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Genre: eLearning | Language: English + srt | Duration: 16 lectures (2h 6m) | Size: 2.28 GB
How to Profitably Trade Stocks, Forex, Cryptocurrencies, Indices, Futures, Options, Commodities, NFTs, etc
What you'll learn
Learn essential trading fundamentals
Learn the secret of how to trade for a living
Understand the best trading strategies including support and resistance
Learn to develop your own trading edge in any market
Understanding risk management and trading psychology
Get proficiency in how Fundamental, Sentimental and Technical Analyses work in trading
Learn to trade various financial instruments including stocks, cryptos, forex, etc.
Comprehend derivative trading and how to maximize leverage in making profits
Learn the different patterns and skills to become a consistently profitable trader
Learn how to manage emotion and remain discipline in all markets
Requirements
No pre-requisite trading experience is required. You will learn everything that you need to know.
Description
How to Day Trade for a Living: From Beginner to Pro
In this class, Day Trading Fundamentals: How to Profitably Trade Stocks, Indices, Forex, Cryptos, Derivatives, etc., we expanded on the idea of trading to help you become a consistently profitable trader. We studied how to trade financial market instruments including stocks, forex, cryptocurrencies, indices, exchange-traded funds, commodities, Non-Fungible Tokens (NFTs), etc.
As we all know that trading can be hard, we have decided to simplify it in this course to help you kickstart your career in trading financial assets. Also, day trading can be a very lucrative career if it is properly done.
As such, we started the class by elucidating the concept of trading and why you should be a trader. Although day trading (otherwise called intra-day trading) is immensely popular, there are other kinds of trading like swing trading, high-frequency trading, position trading, investing, news trading, trend following and range trading, among others. Most importantly, we elaborated on the distinction between trading and investing to help you decide if you want to play a more active role in the financial market or want to be a passive investor. Furthermore, we expanded on different tradable securities including futures and options that offer high leverage, even to retail investors.
To trade effectively, we recommended that new traders should use The Confluence Strategy that employs optimizing the benefit of fundamental, sentimental, and technical analyses. Fundamental analysis is purely associated with the intrinsic value of an asset and prediction is dependent on the fair, real value of the assets. The sentimental analysis simply deals with the love-hate relationship between traders and tradable financial assets. This method of analyzing the market is mostly applied in the case of cryptocurrencies. An example is when the tweet of Elon Musk alter small the prices of cryptocurrencies. Finally, technical analysis deals with charts and patterns. Here, we are trying to use past performance to predict future results. We discussed the most common technical indicators used by traders.
Finally, we covered several risk management strategies to help you in mitigating risk in your trading journey. As risk is proportional to reward in trading, we explored how we can be asymmetric traders that maximize returns using take-profit while limiting risk using a stop-loss. Equally, we expanded on trading psychology to enable us to remain calm and consistent in trading despite our trading outcomes.
In summary, this class is a comprehensive guide on trading to help you kickstart your trading career and trade for a living.
Who this course is for
Anyone interested in trading the financial markets of stocks, cryptos, forex, derivatives, etc.
Anyone ready to make a living via trading.
Any trader that want's to learn more on how to remain consistently profitable.