Starter Pack

WHAT YOU’LL LEARN ABOUT?

• How to manage risk and navigate volatile markets
• Common mistakes novice investors make and how to minimize them
• How to time the market by letting the price come to you
• Our step-by-step rules-based strategy for trading any asset class in any market
• How to self Analyse market trends and utilise strategies, technical or fundamental like financial institutions do

Welcome to trading Course :

There are two types of people investing in the market; investors and speculators.

Investors are in the market for the long haul. This approach places retirement and savings into the market with the simple premise that the market will go up over time.

At PIP101 Trading Academy we teach speculation in the FX and Crypto, CFD Markets, which are electronic assets where speculators can buy and sell contracts based on stock prices. The CFD market has become one of the largest single traded markets for retail traders in the world.

The principle of day trading is to try and make money off the fluctuations of the market. Whether it is rising or falling, we try to capitalize on movement. Typical trading time can range from an hour or two, potentially more for people with more time.

One reason we prefer CFD’s over stocks is it allows us to use margin and leverage. With stocks, $1 is made or lost for every $1 that the market moves. CFD’s have a much higher profit/loss potential than regular stocks, due to margin and leverage.

If we are able to make two points on a given day, that amounts to $100 profit. When we increase our contracts to 10 for example, that turns the same trade into $1,000 profit. The CFD and FX market is what we call a very liquid market meaning it will allow hundreds of contracts to trade at one time.

We don’t care if the market goes up or down

As Day Traders, we are not required to follow the news and continually research a company’s fundamentals like stocks. We focus on technical analysis and momentum of price to base our trade executions. Technical analysis uses patterns, and movements that allow you to identify opportunities in the market. It also allows you to gauge momentum, strength, and potential reversals. An active position for a day trader will last a few minutes to a few hours.

Here are the six things you need to get started day trading

1. Computer/Laptop
2. Internet Connection
3. Charting Platform
4. Broker
5. Trading Strategy
6. Market To Learn

The secret to being successful at day trading is consistency. Traders find consistency by learning to understand the language of price. Reading the market the way it presents itself and not the way you hope to see it. By learning to read momentum and understand price action traders can realize and gain an edge.

You will and can have losing trades but still make money! We know it sounds completely counter-intuitive, but it has to do with a very important element of trading: RISK vs. REWARD. This refers to the amount of money you are risking on a trade (if you lose) compared to the amount of money you set as a profit target (if you win).

By keeping a simple chart, we can immediately assess how the market is performing and what potential opportunities are being given to us. Our strategy uses a few indicators that help with volatility and momentum, but our main objective is to understand the market environment and adapt to its changes by reading live price.

We are sure you may have more questions which we will be happy to answer, please enter your email to receive our free newsletter with exclusive events, such as live trading class invites and exclusive webinars.