I'm looking for a trading syllabus

[mikeeg]

Hi,

Just wanted to ask whether anyone knows of or can help me construct a so-called trading syllabus.

So far, I've got things like...

Topic 1: Understanding Price Action & Volume
Topic 2: Technical Analysis
Topic 3: Fundamental Analysis
Topic 4: Psychology and Myself
Topic 5: Macro Economics
Topic 6: Develop a Trading Plan
Topic 7: Broker research

(not necessarily in that order and by no means complete)

I appreciate that alot of syllabus will depend on time frame and eventual market chosen
(e.g. FA will have no place for scalpers) but I believe some kind of learning structure will help beginners and provide a good grounding/platform to work from before jumping full steam ahead.

Any thoughts, observations, feedback most welcome.

Cheers,
Mikey
:smart:

 

[TWI]

1. Know how to read a chart
2. Know yourself - discipline will be your only salvation
3. Know money management it is the most important lesson and the key to being profitable. When you know for sure how much to risk on the next trade and have ticked point 1 and 2 then you have a chance.

 

[tune]

These may help with 1 and 2.

Harriman House : Technical Analysis and Stock Market Profits - by Richard Schabacker

http://www.trade2win.com/boards/pri...upport-resistance-demand-supply-abridged.html

 

[Rhody Trader]

CHAPTER 1 Introduction and Getting Started
CHAPTER 2 Trading Mechanics
CHAPTER 3 Price Action and Its Influences
CHAPTER 4 Building the Trading Plan
CHAPTER 5 Risk and Money Management
CHAPTER 6 Market Analysis
CHAPTER 7 System Design and Testing
CHAPTER 8 System Results and Position Size
CHAPTER 9 Application

That's how I structured my book based on working with college students who mostly had zero trading knowledge at all beyond knowing what the various market institutions are. I develop it with a traditional 13 week semester timeframe in mind and included a lot of hands-on type stuff.

Brett Steenbarger posts a lot of great stuff on trading learning and development. Here's one example from his blog: TraderFeed: From Trader Education to Trader Training: A Trading Curriculum

 

[mikeeg]

Thanks for the replies and input so far Funny how I'd completely missed money management and discipline from my starting list though!

 

[dbphoenix]

If we're doing Show And Tell . . .

My book is an e-book, but it's also a collection of pdfs rather than a page one to page whatever front to back electronic version of a standard book. This was done so that the reader can structure the book however he likes, and even toss whatever he has no interest in (such as stock selection).

This is what's provided in the preview of the book, provided free to those who don't know whether it's up their alley or not:

The following, along with the "Introduction" (What's A Chart?), It's the Journey, and Bases and Rectangles, are, in a sense, chapters in an e-book. However, they are in separate pdfs rather than a single pdf because to order them in some way implies that there is a "best" way to read them, much less study them, and whatever best way there may be is up to the reader.

The Demand/Supply "chapter" is at the core of all of this and, to a very large extent, it can stand alone. However, there is no logical "next step". Perhaps one might want to go right into the topping and bottoming processes addressed in Demand/Supply. Or maybe the /\/\s and \/\/s that form there are of special interest. Perhaps one wants to move right into Trendlines [101 and 102], or has need of The MindGame. It really doesn't matter what routes the reader follows, making the book in a sense inductive, enabling the reader to put the pieces together in whatever way is most beneficial to him.

Demand/Supply: the auction market, and how the law of supply and demand creates cycles of accumulation, markup, distribution, and markdown

The Big W: recognizing and trading the "W" (or double-top/double-bottom) pattern

Tops 'n' Bottoms: market timing

Bottom Fishing: the art and science of buying low

Trendlines: what they are, how to apply them, how to benefit from them

Stalking the Wild Equity: what to buy and when to buy it

The MindGame: finding and maintaining a psychological edge

Price and Volume: Practicum: the relationship between price and volume, the dynamics of buying and selling pressures, determining support and resistance, choosing strategies, developing and implementing tactics

There are 23 files altogether, 14 of which I would call "content", or the meat. The rest are potatoes, leafy greens, and dessert.

Whatever you do, have fun with it, with the writing. If you don't have fun with it, the reader won't, either. And if it isn't fun, what's the point?

Db

 

[darktone]

1. Know how to read a chart
2. Know yourself - discipline will be your only salvation
3. Know money management it is the most important lesson and the key to being profitable. When you know for sure how much to risk on the next trade and have ticked point 1 and 2 then you have a chance.

So much said there with so few words!