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Gross Income COurse: Momentum Trading
Course Overview
This course is designed to provide traders, both new and experienced, with the tools and strategies necessary to successfully trade stocks using momentum trading techniques. The course will cover everything from the fundamentals of stocks to advanced strategies for identifying and profiting from market momentum. Practical exercises, live demonstrations, and case studies will supplement the theory to provide real-world trading experience.
Table of contents
1: Introduction to Stocks & Momentum Trading
1.1 What Are Stocks?
- Definition of stocks
- Understanding the risks and rewards
- Liquidity, volatility, and regulation concerns (OTC, NASDAQ)
1.2 Momentum Trading Basics
- What is momentum trading?
- Why stocks are suitable for momentum trading
- Key differences between low and large-cap stocks
1.3 Understanding Market Sentiment
- How news and press releases impact stocks
- The role of social media and forums (e.g., Reddit, Twitter)
- Understanding company's growth data
2: Key Indicators & Technical Analysis for Momentum Trading
2.1 Reading Stock Charts: Candlesticks, Order types, Trends, Level 2, Tape, AT, and Patterns
- Introduction to candlestick patterns
- Recognizing bullish and bearish momentum signals
- Different types of order execution for buying and selling shares
- Level 2
- Time and sales
- TOS platform Active trader
2.2 Volume & Volatility: The Engines of Momentum
- Importance of volume in momentum trading
- How volatility drives stock price movement
2.3 Key Momentum Indicators
- Moving Averages (MA), Relative Strength Index (RSI), and MACD
- Bollinger Bands, VWAP, and ATR (Average True Range)
- Using scanners to identify momentum setups
3: Identifying Potential Momentum Trades
3.1 Stock Screeners & Filtering for Opportunities
- How to use stock screeners effectively
- Setting up custom filters for momentum trading stocks
3.2 Pre-market Analysis & After-hours Movements
- How pre-market and after-hours data affect stocks
- Recognizing signs of a breakout
3.3 Building a Watchlist of High-potential Stocks
- Characteristics of stocks ready to break out
- Fundamental research vs. technical setups in momentum trades
4: Risk Management & Position Sizing
4.1 The Importance of Risk Management in Stocks
- Managing volatility and avoiding common pitfalls
- Setting stop losses and understanding profit-taking strategies
4.2 Position Sizing for Momentum Trading
- How to determine the right position size for your account
- Risk-reward ratios and capital preservation
4.3 Emotional Discipline: Staying Objective in High-Volatility Environments
- The psychology of momentum trading and avoiding FOMO (Fear of Missing Out)
- Managing emotions and sticking to your plan
5: Advanced Strategies for Momentum Trading
5.1 Breakout Strategies
- Identifying and trading breakouts in stocks
- Early entry signals and breakout confirmation
5.2 Gap and Go Strategy
- How to trade large price gaps at market open
- Pre-market scanning and volume confirmation
5.3 Momentum Reversal Strategy
- Identifying overextended moves and potential reversals
- Combining indicators for a high-probability reversal setup
6: Live Trading Simulation & Building a Trading Plan
6.1 Simulated Trading Session
- Engage in a live simulation of a momentum trading session
- Use a demo trading platform to execute trades in real-time
6.2 Developing a Momentum Trading Plan
- Creating a personalized trading strategy based on individual goals and risk tolerance
- Setting up rules for entries, exits, and managing losses
6.3 Tools & Resources for Continued Success
- Recommended trading platforms, scanners, and educational resources
- How to stay updated on market trends and identify new opportunities
Explore Additional content- INCLUDED WITH SUBSCRIPTION
- Getting Started with Day Trading
- How to Choose Stocks for Day Trading
- Different Types of Trading Accounts
- Introduction to Fundamental Analysis
- Understanding Technical Analysis
- A Guide to Trading Platforms
- Navigating the Order Entry Window
- Exploring Level 1 Market Depth & Order Execution
- Understanding Level 2 Market Depth & Using Hot Keys
- Interpreting Time & Sales Data (The Tape)
- What to Know About Stock Halts
- Scanning for Trade Opportunities 101
- The Mental Side of Trading
- Day Trading as a Career: The Learning Journey & Next Steps
Advanced course -INcluded With Subscription
- Introduction to day trading
- Managing Risk in Day Trading
- Selecting Stocks & Building Your Watchlist
- Daily Chart Patterns Overview
- Intraday Chart Patterns
- Level 2, Tape Reading, and Hot Keys/Buttons
- Gap and Go Trading Strategy
- Momentum Trading Techniques
- Reversal Trading Strategies
- Short-Selling Momentum Strategies
- Advanced Breakout Trading (Expert Level)
- Stock Scanning Techniques
- Position Management, Trader Psychology, Discipline, & Recovering from Loss
- Building a Trading Plan
- Knowing When to Trade with Real Money
- The Small Account Challenge
- Troubleshooting Common Trading Issues & Solutions
- Understanding Taxes & Accounting for Day Traders
- Overview of Trading Tools
Learning Outcomes:
By the end of this course, participants will:
- Understand the dynamics of stocks and the risks involved.
- Master momentum trading concepts and indicators.
- Be able to identify and capitalize on high-momentum stock movements.
- Implement solid risk management and emotional discipline strategies.
- Develop a personalized trading plan for stocks