Basic Day Trading for Beginners

Overview:

In today's tight economy, it would be smart to have a dependable second skill and a steady second stream of income. Day trading is a skill that can be easily learned and can generate a consistent second stream of income. Understanding day trading gives you an opportunity to independently work from home before or after a regular job and make a nice, supplemental income.

Without the proper training, it's easy to lose thousands before you understand day trading. Too often beginner traders enter the market without the necessary education and knowledge required for consistent profits... Without understanding how to control risk, these newcomers to day trading take excessive, expensive, and unnecessary risks and lose money.

This webinar can save you thousands and help clear your path to a powerful second stream of income. This introductory, basic course will teach beginners two very effective methods to control risk and successfully day trade with confidence. We'll show you exactly what to look for when day trading stocks or other assets like Krypto or Futures. You'll see how to make smart trades and earn profits on your own terms at home during the hours you choose.

We'll clearly cover risk mitigation and safe trading techniques. We'll teach you how to understand both Candlestick Symbols and stock charts (technical analysis). You'll understand chart patterns, what they mean, and how to capitalize on clear opportunities for profit. You'll be introduced to a few profitable candlestick symbols and chart patterns along with the best-performing chart indicators to help you easily identify potential, profitable trend reversals or trend continuations.

This is your opportunity to understand the basics of trading stocks, Futures, Krypto, and other assets. At the conclusion of this webinar, you'll have the basic education, skills, and knowledge to make informed day trading decisions that can yield impressive returns.
 
Day trading is a great opportunity for a second income stream. Don't let the fear of the unknown stop you from unleashing the profits and power of day trading. Learn the basics of day trading with this valuable 90-minute introductory course designed for beginners.

Why you should Attend:

Basic Day Trading for Beginners - Comprehensive Course Outline

• Understanding the Numbers - Risk/Reward Calculation and Risk Mitigation
  
  • Asset Classes to Trade
    
  • Risk
    
    • SEC Pattern Day Trader (PDT) Rules and Ways Around Them
      
    • Day Traders v. Swing Trader
      
    • Risk Mitigation via Risk Amount and Total Account Size
      
    • Number of Shares to Buy, Stop Loss Calculation, and Average Trading Range (ATR) to control risk
      
    • The critical importance of Simulated Trading - And how it works
      
  • Risk/Reward Ratio and Breakeven
    
    • Accuracy - Win Ratio
      
    • Examples Using Excel Data Tables
      
  • Understanding Short Selling
    
  • Potential Revenues 
    
  • It All Depends on Supply and Demand
    
    • Float v. Outstanding Stock
      
    • Smart Money, Market Makers, and Retail Traders
      
    • Bid, Ask, and Slippage
      
• Understanding Japanese Candlestick Charts and Chart Trading Patterns - An Introduction
  
  • History of Japanese Candlestick Symbols and Charts
    
  • Understanding the elements of a Candlestick Symbol
    
  • Understanding and Using Time Frames for Effective Trading
    
  • Understanding Context - Where is the Candlestick Located and What Does That Mean?
    
  • The most important Candlestick Symbols
    
    • Bullish/Bearish Engulfing and Location in Chart
      
    • Bullish Hammer v. Inverted Hammer and Location in Chart
      
    • Morningstar v. Bearish Shooting Star or Hanging Man and Location in Chart
      
    • Bullish and Bearish Harami - Inside Candles
      
    • Doji/Spinning Top and Location in Chart
      
  • Volume Indicators
    
  • Understanding Context - Where is the Candlestick Located and What Does That Mean?
    
• Understanding Chart Patterns - An Introduction
  
  • The Trend is Your Friend - Up, Down, and Sideways Ranging
    
    • Higher Highs and Higher Lows; Lower Highs and Lower Lows
      
    • Ranges and breakout from ranges
      
    • Tracing a trendline; breaks in trendlines
      
  • Understanding Support and Resistance and Supply and Demand
    
  • Understanding Trends and Reversals
    
    • Double bottom/W-Pattern
      
    • Double top/M-Pattern
      
    • Head and Shoulders; Inverse Head and Shoulders
      
• Understanding Chart Indicators - An Introduction
  
  • Simple Moving Averages (SMA) v. Exponential Moving Averages (EMA)
    
    • Fast and Slow Signal: Example 9 EMA and 21 EMA
      
  • The 9, 21, 55, and 200 SMA and how to use this information
    
  • Understanding the Volume Weighted Average Price (VWAP) and How To Use It
    
    • Price > VWAP
      
    • 9 EMA  > VWAP
      
    • 9 EMA > VWAP and 21 and 55 EMA
      
  • Using Central Pivot Points for Support and Resistance
    
  • Bollinger Bands
    
  • Relative Strength Index (RSI) and How To Use It
    
• Strategies, Scans, and Tactical Applications - An Introduction/Example
  
  • Momentum Strategy 
    
  • Scanning for Strategies
    
    • Using FinViz for Free for Effective Scans
      
    • The impact of low float and low-price stocks
      
    • Evaluating daily trends (short or long bias)
      
    • Evaluating daily performance
      
    • Scanning the SMA 20, 50 and 200

Areas Covered in the Session:

Key Benefits of Attending:

• Understand different asset classes that are traded: stocks, futures, and more 
  
• Legally avoid the government Pattern Day Trader (PDT) compliance rules
  
• Mitigate trading risk using effective Stop Loss Techniques
  
• Navigate the trading risk/reward math and breakeven equation
  
• Understand how short selling works for day traders
  
• Learn the difference between a stock’s float and outstanding shares
  
• See how to work the Bid price and Ask price of a security 
  
• Understand the different ways Institutional Smart Money, Market Makers, and Retail Traders trade and profit
  
• Read and Understand Japanese Candle Stick patterns and what they mean based on chart location
  
• Differentiate between bullish and bearish Candle Stick symbols
  
• Understand what stock charts are telling us
  
• Use different time frames for effective day trading for a big picture and tactical advantages
  
• 1Effectively interpret technical chart patterns
  
• 1Recognize the difference between trending and ranging stocks - and when to avoid trading
  
• Use chart indicators to make profitable trades
  
• Learn how to use different moving averages to advantageously predict price increases/decreases
  
• Use key price levels such as support, resistance, and Value Weighted Average Price (VWAP) to enter trades
  
• Use Bollinger Bands to see stocks trading 95% above/below their normal level
  
• Learn how to screen stocks for attributes often leading to a daily price increase
  
• Understand day trading price momentum strategies - trade the breakout strategy
  
• Control risk with effective position size, Stop Loss and Simulated Trading

Who Will Benefit:

• Stock Market Personnel
  
• Bankers
  
• Accountants, CPAs, Financial Professionals
  
• Securities Brokers, Securities Analysts
  
• commodity Traders
  
• Computer Programmers, System Analysts, Business Analysts
  
• Data Analysts
  
• Business Intelligence Analysts
  
• Research analysts
  
• Financial Analysts
  
• Data Scientists, Statisticians
  
• virtual Reality Developers
  
• Artificial Intelligence Developers/Engineers
  
• Video Game Designers
  
• CAD Operators
  
• Blockchain Developers
  
• Machine Learning Engineers
  
• Software Developers
  
• Python Developers
  
• Controllers, CFOs, CIOs, and Anyone who wants to Develop a Second Stream of Income via day Trading