You're one step away from a trove of trading knowledge!
What you'll get in Section 1 of the course:
- Introduction to Market Mechanics: An overview of financial markets, introducing key aspects of market and trading mechanics.
- Introduction to Bid and Ask Prices, Market Variables: Explores bid and ask prices, detailing their differences, significance, and the concept of spread.
- Placing Trades, Understanding Order Types and Strategy Types: Discusses various order types like market, limit, and stop orders, and the strategic application of these in trading.
- Settlement and Trader Considerations: Covers the settlement process in trading, highlighting the two-day settlement rule and its implications for traders.
- Navigating Trading Restrictions: Examines the Pattern Day Trader (PDT) rule, its impact on trading strategies, and tips for navigating these restrictions.
- Understanding Margin: Delves into the concept of margin in trading, discussing Reg T margin and its practical implications for traders.
- The Cost of Holding, Why We’ll Focus on Day Trading: Analyzes overnight costs in trading, margin costs, short borrow fees, and the rationale for focusing on day trading.
- Setting Up Your Trading Journey: Guides on preparing for a trading journey, including setting up tools, understanding market contexts, and risk management strategies.
- Bonus Lessons: Includes additional lessons from later course sections, offering a more comprehensive understanding of trading concepts and practices.
By the end of this course, you'll have a clear understanding of the basic principles of stock trading and investment, equipped with the tools and confidence to navigate the financial markets. Whether you aim to trade for a living or simply enhance your financial literacy, Trading 101 - Section 1 is your gateway to achieving these goals. Join us for 3+ hours of professional instruction, embracing the power of simplicity in trading education and embark on a journey toward financial empowerment.