Lex van Dam – Trading Academy – Online Education

Lex van Dam – Trading Academy – Online Education

Archive : Lex van Dam – Trading Academy – Online Education

The purpose of 5-Step-Trading TM is to provide you with a solid foundation so that when I explain more aggressive trading approaches in following courses, you will have a solid foundation to work from. Even if you are solely interested in FX trading, this is a course that will be beneficial to you.

If you buy the course and have questions about it, you may either attend one of the unique Q&A seminars, which will begin in Q1 2011, or browse in the subscriber FAQ area. Of course, you are welcome to contact me any queries that have not been addressed in the FAQ area.

Concept Generation

Before trading, many traders rely on incorrect information or listen to rumors. I’ll explain why this leads to losses and show you how to come up with your own ideas. I’ll talk about a model that can assist anticipate stock market direction, as well as stock market history and economic data to help put ideas into context. I also provide some advice on how to invest in the correct industries at the right time.

Company Evaluation

I’ll go through how to evaluate a stock trading idea to see whether it makes sense from a value standpoint. I’ll show you what’s vital to look at and what’s not. Firm management and research analysts cannot be relied on to provide an unbiased assessment of a company and its operations. You must do this task on your own. I’ll demonstrate how.

Analysis of Graphs

I’ll explain why looking at charts is essential before trading. I will show you how to correctly interpret a chart and which strategies should be utilized and how. To put things into perspective, we’ll look at general market indicators.

Investing Psychology

Trading is one of the most difficult things in the world. When things go well, it’s easy to get greedy, and when things go wrong, it’s simple to worry. I’ll show you how to deal with the discomfort and strengthen your mental fortitude. Good traders maximize their gains while minimizing their losses. I’ll explain why most people do the opposite. I will show you how to do a mental check before every deal.

Management of Risk

I’ll show you how to build a portfolio of stocks that complement each other. Where everything is appropriately scaled, with objectives and stop-losses, fully recorded, and the risk-reward balance is correct. If you do not do this, you will most likely suffer significant losses.

COURSE CONTENT