The successful day trader must have a fundamental understanding of capital, philosophy, planning, risk management and technical analysis. Short-Term Trading begins with a brief history of the field stressing the importance of developing a trading style and philosophy, identifying capital requirements, analyzing the market and applying that analysis to the execution of a trade. It concludes with a consideration of appropriate preparatory research and risk management skills.
Who should take this course:
Anyone interested in Short-Term or Day Trading.
Prerequisites:
None
Training Hours/CPE Credits:
8
Modules
Overview and History of Short Term Trading
Module Code
:
trad_2001
Level
:
Basic
Training Hours/ CPE Credits
:
2
Module Description:
This module begins with a brief history and explanation of short term trading. Next you'll learn what is needed to get up and running as a short term trader. You'll learn about the necessary capital required to begin trading. And finally, you'll understand the importance of knowing yourself well, in order to tailor your trading philosophy and style to accommodate your strengths.
Learning Objectives:
After completing this module, you'll be able to:
Identify the definition of a short term trader
Recognize technological contributors to the evolution of short term trading
Identify personality traits of the successful short term trader
Recognize what restraints should be imposed on trading capital
Classify traits of the systems that support short term trading
Contrast trading environments
Market Indicators and Information
Module Code
:
trad_2002
Level
:
Basic
Training Hours/ CPE Credits
:
2
Module Description:
This module begins with an examination of important market indicators and the role they play in short term trading. It then looks at the economic information released into the market daily, and discusses ways this information affects market performance.
Learning Objectives:
After completing this module, you'll be able to:
Classify traits of the S&P 500 Index Futures and the NASDAQ 100 Futures
Recognize characteristics of the Tick Indicator, Trin, and the Dow 30-Day Moving Average and the yield on 10-year U.S. Treasuries
Identify the main economic indicators observed by the Federal Reserve
Describe in what way the Gross Domestic Product predicts future economic conditions
Classify traits of the Consumer Price Index and Producer Price Index
Recall in what ways special trading days affect market performance
Technical Analysis for Day Trading
Module Code
:
trad_2003
Level
:
Basic
Training Hours/ CPE Credits
:
2
Module Description:
This module begins with an introduction to technical analysis. Next you'll learn about the different facets of technical analysis, including charting, creating and utilizing trendlines, volume, analyzing market patterns and constructing and monitoring moving averages.
Learning Objectives:
After completing this module, you'll be able to:
Identify the 7 elements of technical analysis.
Identify key elements of a chart
Distinguish between types of trends.
Recognize the difference between support and resistance trendlines.
Identify how volume, liquidity and breakpoints work as market indicators.
Identify key tools of pattern analysis.
Research, Planning and Executing Day Trades
Module Code
:
trad_2004
Level
:
Basic
Training Hours/ CPE Credits
:
2
Module Description:
This module begins with an explanation of the importance of planning for a trading day. Next you'll learn about correlations and how they affect trading. You'll learn about developing a sound trading philosophy and the dos and don'ts of risk management. And finally, you will experience a mock trading day scenario, and learn when and why to reevaluate your position.
Learning Objectives:
After completing this module, you'll be able to:
Identify the action you need to perform when preparing for a trading day
Define correlation and examine how it affects trading
Identify the dos and don'ts of risk management
Identify when you should reevaluate your position on a stock throughout the trading day
