Gateway 1: PREPARATION |
| The Closing Bell signals the start of preparation for the next trading day. Learn to use this valuable time to measure current market cycles and find new winners. This Gateway shows students how to properly set up and read the price chart. It identifies several methods to maintain watch lists, as well as providing tools to read current market sentiment. |
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| LESSON MODULE |
| 3-D Charting - Successful trading requires accurate prediction of price movement and knowing exactly when it will occur. You need to be in the trade when the market moves, and out before it turns to take away your profit. |
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| Building The Road Map - Markets give away their secrets if you take the time to look carefully. Building a 3 dimensional landscape on each chart reveals trend and pattern powerpoints where important crowd forces converge. |
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| Chart Polarity - Interpreting the endless variety of patterns, indicators, bands and lines can seem overwhelming. Fortunately the market makes this process easier through its native polarity. |
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| Reading Indices - Preparing for the new day requires thorough analysis of current market cycles. Your trading profits depend on the overall strength or weakness of the underlying markets. |
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| Finding Winners - The US markets provide over 10,000 trading choices every day. Unfortunately, most need to be avoided if you're trying to get in and out quickly. |
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| LECTURE MODULE |
| Support and Resistance - Interpret the charting landscape with a few simple observations. Once in hand, converging elements will point to profitable trade setups. |
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| Pattern Vs. Indicators - Technical indicators support your examination of the price pattern, not the other way around. Visual analysis draws together art and science into a powerful understanding of market movement. |
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| Market Cycles - Align your trading and execution strategies with cross-market conditions to maximize profits and reduce risk. |
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| CHARTLAB MODULE |
| Chartlab 1 - Informative chart reading exercises designed to awaken your understanding of market trends. |
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| LIVE MODULE |
| Preparing for the Market Day - Cornerstone Traders Network - Tampa, FL (62 Minutes) |
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Gateway 2: ANALYSIS |
| Finding an edge to beat the competition opens the door to successful trading. You need an original way to see the market that uncovers promising setups, points to exact entries and tells you when you're wrong. This Gateway introduces the basic elements of Pattern Cycles, a powerful method to locate trading opportunities regardless of market conditions. |
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| LESSON MODULE |
| Pattern Cycles - Price charts cycle through a finite number of bull and bear conditions. Understand this simple concept and realize why technical trading is much easier than you ever suspected. |
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| Reversals - Upon reaching a barrier, trend has only two choices: continue forward or reverse. Both outcomes produce rewarding trade setups. |
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| Breakouts/Breakdowns - The king of swing trades is much harder to execute than it first appears. Routinely, novices pour into breakouts just when a market reverses, and get shaken out badly. |
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| Congestion - Markets alternate between trends and ranges. Trends emit positive feedback, where each bar or indicator points in a single direction. Ranges emit negative feedback, in which bars or indicators wobble between defined boundaries. |
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| Signposts - Reading the market tea leaves requires skill and effort. But you can evaluate any trading opportunity by combining elements of trend and time. |
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| LECTURE MODULE |
| Stage Analysis - Predicting price movement is easier than most students realize. Learn to accurately forecast the next move, regardless of current conditions. |
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| Feedback Loops - Markets alternate between directional trend and directionless range. Find out why this concept is so important for your trading success. |
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| Setups - Chart reading does no good if you can't locate good trades. Setups build the bridge between technical analysis and trade execution. |
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| CHARTLAB MODULE |
| Chartlab 2 - Informative chart reading exercises designed to awaken your understanding of market trends. |
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| LIVE MODULE |
| Reading the Price Chart - Cornerstone Traders Network - Tampa, FL (62 Minutes) |
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Gateway 3: STRATEGY |
| Traders face tough choices as they build their personal strategies within the broader markets. This Gateway enlightens students on the broad spectrum of trading methodologies and time frames. It also examines the importance of effective risk management and emotional self-discipline on trader longevity. |
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| LESSON MODULE |
| Swing Vs. Momentum - Trends and ranges require different trading strategies. Be flexible enough to shift from one to the other when market conditions change. |
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| Time Frame - Pay attention to price action in the chart above your holding period. For example, stay focused on daily support and resistance when trading a 60-minute chart. |
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| Risk Management - Novices have an amazing capacity to ignore risk management. Caught in the excitement of the game, controlling risk seems a sure way to miss the big move. |
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| Short Sales - Many swing traders never sell short. But market survival depends on your ability to adapt to all trading conditions. |
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| Inner Trader - Trading provides the perfect mechanism to confirm just how screwed up your life really is. Money represents power in modern culture. |
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| LECTURE MODULE |
| Loading the Gun - Until you identify your personal trading style, you can't make the decisions that generate consistent profits. |
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| Trader vs. The Crowd - Trading is not a buddy club. In order to succeed, you need to stand apart from the crowd and use their behavior for your own personal gain. |
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| Cross-Verification - Identify numerous low-risk, high-reward trades by finding convergence points in price, time and volume. |
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| CHARTLAB MODULE |
| Chartlab 3 - Informative chart reading exercises designed to awaken your understanding of market trends. |
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| LIVE MODULE |
| Building an Effective Trading Strategy - Cornerstone Traders Network - Tampa, FL (68 Minutes) |
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Gateway 4: EXECUTION |
| Preparation doesn't put money into your pockets. Precise trade execution does. This Gateway prepares traders to read the market day, and consistently execute profitable short-term positions. It discusses entry and exit considerations for both swing traders and intraday traders. This module also introduces students to the process of original seeing and personal ownership of the inside market. |
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| LESSON MODULE |
| Timing - Longer-term traders can buy on price when their execution targets are hit, and not worry much about time. But as holding period shortens, time and timing must be considered in every execution. |
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| Seeing The Trade - Successful trading requires the cultivation of original thinking and seeing. If you just read the books and memorize the definitions, you probably won't see the trade right under your nose. |
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| Entry - The moment of truth arrives. Price hits the predefined ET of the swing trader. Or it jumps into the Execution Zone and tells the intraday trader to be ready to act. |
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| Exit - Exit comes for three reasons: you're taking profits, you're booking losses, or the trade is going nowhere. Each reason has a strategy that will increase or decrease the size of your trading account. |
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| Getting The Edge - The odds are against you. Each year, a crop of hopeful newbies sets out on the path to trading success. Most soon realize short-term speculation is the most difficult challenge of their lives. |
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| LECTURE MODULE |
| Order Routing - Direct-access entry may make you a faster trader, not a better one. Find out why you need to align your executions with your execution systems. |
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| Price and Time of Day - Reading the time is as important as reading the chart. Match your intraday trade executions to the tendencies of each hour of the market day. |
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| Trade Management - It all comes down to this: manage your trades wisely from preparation through exit. |
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| CHARTLAB MODULE |
| Chartlab 4 - Informative chart reading exercises designed to awaken your understanding of market trends. |
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| LIVE MODULE |
| Making The Trade - Cornerstone Traders Network - Tampa, FL (68 Minutes) |
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Gateway 5: TOOLS |
| Smart traders apply both art and science to uncover market mysteries. This Gateway explores charting tools to evaluate and filter promising trade setups. It examines techniques to interpret conflicting feedback, and build a trading plan that takes advantage of crowd confusion. This final module also recommends math settings for a variety of tactics, and reveals the limitations of common patterns and indicators. |
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| LESSON MODULE |
| Traders Toolbox - The subjective mind studies chart patterns and looks for common shapes from times past. The practical mind rarely trusts the eyes and seeks truth in the cold, hard numbers. |
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| Vision Management - Use both patterns and indicators to predict price direction. But the indicator must always support the pattern, rather than the other way around. |
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| Applying Indicators - Trade analysis must validate current conditions through forward oscillators and backward indicators. Look straight through the windshield and into the rear-view mirror on each new setup. |
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| Gaps - The gap marks a sudden shift in crowd sentiment through a single price bar. It can print anywhere in the charting landscape, but tends to occur in several distinct patterns. |
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| Fibonacci - Fibonacci numbers reveal hidden support and resistance. Examine these levels by applying grids, simple calculations or physical tools to relative highs and lows on price charts. |
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| LECTURE MODULE |
| Reading Volume - Predict the crowd's next move by paying close attention to its emotional intensity. |
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| Pattern Failure - The best trade could be in the opposite direction. |
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| NYSE TICK - Follow the short-term flow of buying and selling behavior in the intraday markets. |
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| CHARTLAB MODULE |
| Chartlab 5 - Informative chart reading exercises designed to awaken your understanding of market trends. |
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| LIVE MODULE |
| Mastering The Traders Tools - Online Traders World Expo - Dallas, TX (74 Minutes) |
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Gateway 6: EXAMINATION |
| Let's discover what you've learned in Mastering The Trade, and where you can go next. This exam consists of 30 questions that focus on issues highlighted during the course. The first 10 are multiple-choice, the next 15 are fill-in-the-blank and the last 5 challenge the student with essay questions based on major trading concepts. |
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