Course overview
Trading Psychology, Day-trading &Swing Trading – Alexander Elder emphasizes on day trading and swing trading. It also includes innovative teachings on how to establish discipline, how to recover from a loss, and how to choose a trading system.
This course is designed for Day Trading and Swing Trading.
Course Outline
Session One:
Personal introduction
Trading psychology
Why intelligent people still lose their money
How to expand your account size
How to focus your attention
Essential record-keeping
Holding a mirror to your trades
Price and value.
Session Two:
Every trade needs a name
False breakout with a divergence
Review of a trading campaign
Day-trading
The Impulse system – The censorship system
Three charts for every trade: entry, exit, and look back
The power word: “Enough”
A record-keeping system for day-trades
Swing trading
Selling short.
Session Three:
Q&A
Swing trading
Position trading
Money management.
Session Four:
Q&A
The Handcuff method for recovering from drawdowns
Current market analysis: DJIA, Japan, stocks, dollar/yen.
Session Five: A conversation with a Japanese money manager.
What will you learn?
How to expand your account size.
How to focus your attention.
How to hold a mirror to your trades.
How to use the three charts for every trade: entry, exit, and look back.
And many more!
Who is this course for?
This course is ideal for those who consider making an investment in their professional growth.