Understanding Stage Analysis is one of the of the most important fundamentals to learn - . What stage is the stock you are wanting to trade in currently? Stage Analysis, the life cycle of a stock is discussed and how to identify whether your stock is in a low risk, buying stage or higher risk, distribution stage.

Time constraints, income needs,capital reserves all determine whether you want to be an investor or a trader. Do you want to be in trades for a long or short term? Understand when to take profits dependent upon your time frame.

Your Trading Plan will differ and dependent on what type of trader/investor you want to be.

The understanding and additional use of Moving Averages in your trading plan refines your trading plan even further.

Check Point 1 is a Trading Plan that encompasses all the knowledge you have read about in all the preceding lessons.

It doesn't matter if you are trading full time or part time, you must form good trading work habits if you want to earn consistent cash flow. That means developing a system of gathering information and always having trading opportunities at hand. Trade Mate helps you organise yourself.

Trade Mate was designed to show concepts and systems to use and to assist traders, both beginners and experienced, to become more effective when investing in the market.

The Trade Mate workbook will assist in key areas, such as understanding your capital at work, position sizing, stock selection, stop loss positioning, basic risk management and trade planning.

Trade Mate also serves as a reference to patterns, information and responses so that common price movement characteristics can be identified, and trading opportunities taken effectively and more importantly learned from.

With a good understanding of the Check Point 1 Trading Plan and the use and understanding of Trade Mate. You are now well informed to build your own Trading Plan and strategies.


This completes the Foundation course.

Module 6: COURSE TOPICS

Lesson 43 Stage Analysis € A Key To Successful Trading
Lesson 44 Working with Stage Analysis - Setting up the Trade - Seven
Factors
Lesson 45 Your Trading Under the Microscope
Lesson 46 Low Risk Ideas
Lesson 47 Check Point 1 (CP1)
Lesson 48 Trade Mate Overview
Lesson 49 Trade Mate Part 2
Lesson 50 CP1 Special Lesson

Plus
PDF Trade Mate Workbook