Stock Trading Lessons for Beginners – Module 11 – TRT-POV
Stock Trading
Lessons for Beginners is part of the Continuous Education element of my advocacy, Responsible Trading. In this connection, I am pleased to share these with you. All these lessons are shared without cost to you. All of these are free.
Please be advised that I do not intend to release any TRT-POV on Module 10 – Clooud Charts and the Ichi Moku Technique. Although we have a basic knowledge of the technique and we use it to complement our technical analysis, we do not feel qualified to release a video about it because it does not fall within our area of expertise.
With that said, let’s go to my TRT-POV on Module 11
LEARNING OBJECTIVES:
After viewing this video you should now be able to know the following:
1. How to allocate your trading capital
2. How to use the Responsible Trader’s Seal in your trading
3. The types of trade, corresponding timeframes and risk/reward ratios
4. How to set target price and stop loss
JUST A FEW GENTLE REMINDERS
1. These lessons are not intended to be a substitute for the seminars offered by your broker/s but intended to serve as basic foundation to enable you to better appreciate the seminars offered once you have access to them.
2. I will post the videos and outline the Learning Objectives every Saturday. As a value added, I will post my TRT-POV, (The Responsible Trader’s Point of View) every Friday of the following week, unless I am prevented by circumstances beyond my control, to annotate and explain the trading lessons in a simple and understandable way.
3. After posting this video, you should then try to compare what I am sharing with what you have learned. plus your own personal research. We will repeat the whole process until we finish the whole course.
4. Learning is better when done in short durations with breaks in between. The learning curve looks like this.
Learning curve image source: http://easternseastar21.wordpress.com/2013/05/15/exploring-the-learning-curve/
Rate of learning starts slowly then gradually builds up where it becomes fun and enjoyable. After reaching a certain level it decelerates to the point of boredom.
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If you divide your study periods into shorter durations with breaks in-bteween, you are going to double the point where learning is fun and enjoyable and you will be able to retain more materials in your brain.
Learning curve image source: http://easternseastar21.wordpress.com/2013/05/15/exploring-the-learning-curve/
5. To make it easy for you to refer to the entire course, I will always include this as your guide and underline the topic that we are discussing.
The Video lessons are taken from Cloud9 Media Limited’s Master’s Certificate in Technical Analysis covering the following:
Module 1 – Technical Analysis and Dow Theory
Module 2 – Charting Basics
Module 3 – Trend Concepts
Module 4 – Reversal and Continuation Patterns
Module 5 – Volume and Open Interest
Module 6 – Moving Averages
Module 7 – Oscillators and Sentiment Indicators
Module 8 – Further Charting
Module 9 – Elliott Waves and Cycles of Time
Module 10 – Cloud Charts – Ichimoku Technique
Module 11 – Money Management and Computers
Module 12 – How to Build a Trading System
For your information, in connection with my Advocacy, Responsible Trading, I have established the following in order to reach out to you more effectively and serve you better.
Please visit, like and share:
- My Blog:http://www.theresponsibletrader.com– where I write and share lessons on trading and my thoughts about trading in particular and life in general
- My Facebook Page: https://www.facebook.com/theresponsibletrader– where I share what’s on my mind and make posts to groups where I am a member of
- My YouTube Channel: https://www.youtube.com/theresponsibletrader– where you can view and download my TRT-POV (The Responsible Trader’s Point of View) and other videos I intend to make
- My Slideshare: http://www.slideshare.net/TheResponsibleTrader– where you can view and download copy of the Powerpoint Presentation of my TRT-POV (The Responsible Trader’s Point of View) and other presentations I intend to make
I wish you all the best in your learning journey and good luck on all your trades.