Copyrights 2023. All Rights reserved by STOCKS BOOT CAMP.
DAY TRADING BOOT CAMP
PRIOR TRADING EXPERIENCE USUALLY MEANS BAD HABITS.
MODULE 1 - SHORT SELLING
Since fear sets in faster than greed, short selling is always preferred for active traders. With that said ever wondered why there is a bull statue on Wall Street instead of a bear? This module will highlight the essentials of becoming a bull bias trader, but also the importance of timing short trades.
MODULE 2 - SCALPING
With commissions being zero, scalping is a method that has blossomed over the last decade. It is the act of making numerous trades by realizing small profits by betting on overbought/oversold conditions on the long and short side.
MODULE 3 - MOMENTUM TRADING
Buy and hold is not dead, but why waste time sitting in a stock that is not moving? Your yield will greatly improve if you trade stocks that are showing momentum and capture those gains at the right time.
MODULE 4 - LOSING YOUR EGO TO SURVIVE
Admitting that you are wrong and switching positions as soon as humanly possible is essential for capital preservation. The problem lies when you admit that you are wrong, but you were actually right. Day trading can be emotionally draining for this reason, as market makers constantly try to manipulate you out of a trade at a loss.
MODULE 5 - MANIPULATIONS
If you trade throughout the entire day versus just the market open and lunch time, then most certainly you are battling computer algorithms. For this reason, you should be aware of all the present manipulations and how to avoid them successfully.
MODULE 6 - STRATEGIES
Examining our live trading videos will make you sharp and aware of everything that could potentially go wrong. Just like chess, there are countless scenarios that could occur, so we picked the best ones that occur frequently
IS DAY-TRADING FOR YOU ?
It takes a unique individual with a strong emotional character to withstand losses on a daily basis and come back to the market with the same confidence. If your monthly disposal income is low and losing money causes you to become depressed or emotionally unstable, we strongly urge you to take less risk and start with the Swing Trading course.
ARE YOU AN EMOTIONAL PERSON?
Day Trading is the most rewarding and emotionally unstable career path. It is NOT suitable for everyone! Some individuals can't tolerate losing money and become too emotional. For this reason, intelligence could be viewed as a secondary factor in becoming a consistently profitable trader, with discipline being the primary driver.
YOU ARE BATTLING AGAINST ROBOTS!
As a day trader, you should analyze and study your primary competitors - ROBOTS. These algo softwares programmed by quantitative analysts or "quants" are designed to push you near your fearful breaking point in terms of risk. Your job is to withstand the pain until reversal occurs with little or no leverage.
ARE YOUR MONTHLY LIVING EXPENSES LOW?
If you don't have any other sources of income to rely on, understand that you will be drawing down your portfolio account to pay bills. This means that even if you don't make any money or lose money, you still lose money in the sense that you have to pay bills every month. This shrinks your portfolio size and forces you to take less risk.
ARE YOU AN INTROVERT OR EXTROVERT?
With the Wall Street Bets reddit group frenzy, daytrading has gained more popularity. To achieve consistency in profits, you have to develop your own skill set and put in the hours. Being in a group is the last thing you want as a professional trader. Our courses will teach you to focus on momentum value plays on higher statistical probability scenarios. By doing so, your risk will be limited and your overall portfolio will be capped by how much you can afford to lose.
Copyrights 2023. All Rights reserved by STOCKS BOOT CAMP.