Small Players – Day Trading for Beginners
We are just a couple of small players that learned how to day trade and want to share this knowledge with others looking to develop a new skill.
We provide education – WE DO NOT PROVIDE , CALLOUTS OR ANY OTHER . We are not financial advisors.
We are focused on teaching. If you are looking for shortcuts, this is not for you.
What You’ll Learn In Day Trading for Beginners
Intro
- Course Overview
- What is Day Trading and Why Is It Appealing?
- Trading in Bear and Bull Markets
- How to Find Your Broker
- Margin, PDT Rule and How Much Money You Need to
Understanding the Stock Market
- Economy 101 – Understand How Macroeconomics Affects the Market
Planning Your Studies
- When to Study and How
- How to Use thinkorswim ON DEMAND and Paper Trading
- How to Use Trading View
Platform, Watchlist and Indicators Set Up
- How to set up your platform
- How to set up your scanner
- VWAP indicator
- EMA and SMA
- RSI and MACD indicator
Technical Analysis
- Introduction to technical analysis
- How to read candlestick patterns
- Support and resistance
- Trend, Range, Channel
Common Chart Patterns
- Flag, pennant, wedge
- Head and shoulders and Inverse Head and Shoulder
- Cup and handle
- Double top & double bottom
Profitable Strategies & How to Trade Them
- Bounces – Buying the Dip
- News Moves
- Scalping
- Trading GAP UPS: First 1 min and first 5 min candle to make a new high
- Trading GAP DOWNS and red to green moves
- Short selling and short squeezes
Risk Management
- How to properly manage risk
- Stop losses
- When to take profits
Planning Your Position
- Order Types Part 1
- Order Types Part 2
- What is a trade plan and why is it important?
- Trade Journal
Charting – How to Prepare for the Trading Day
- Premarket Charting 1
- Premarket Charting 2
- Premarket Charting 3
- Premarket Charting 4
Live trading – when you trading real money
- Intro – tips for when you trading with real money
- Why are news important?
- Averaging down
- Averaging up
- Times and sales and level 2
- Morning Charting
- Live Trading Example
Tax Planning
- What to expect and how to prepare
Options
- Introduction to options trading
Bonus Tips
- BONUS: Why 90% of day traders lose money
- BONUS: Beginner mistakes to avoid
- BONUS: Tips for beginners
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