Penny Stocks Trading Course Overview
- Learn about support and resistance patterns
- Understand uptrend and downtrend lines
- Know what are head and shoulder patterns
- Details about bull and bear flag patterns
- See charts and patterns in practical environments
- Learn how to analyse and spot charts and patterns
- How to set up a stock trading platform
- How to invest money with minimal risk
In this section, you’ll learn why this course is worth taking from One Education. Our expert instructor will introduce himself to the class and will share his experience of starting teaching penny stocks trading courses online. You’ll get to know about his background and how he’s become one of the best data-driven traders and penny stock trading traders in the UK.
In the first lesson, you’ll learn about support and resistance. Support refers to a price where the stock historically has a difficult time moving below. And resistance refers to a price where the stock historically has a difficult time moving above. This lesson looks at the details of these two simple chart formations in penny stock trading.
Everything about trendlines has been discussed here with the help of graphs and charts. Trendlines are lines drawn on your chart showing the overall trend or direction of the price.
This lesson covers the two types of trendlines: uptrend and downtrend. You can learn the definition of these trendlines and how they indicate the current situation of stocks from this lesson.
You’ll know about bearish reversal patterns and H&S patterns from this lesson. Head and shoulder patterns are very important parts of the stock market chart patterns for day trading. They are indicators to sell your position or even open a short position to profit from the bearish reversal.
After completing this lesson, you’ll know when to buy to profit from the bullish reversal. This is the exact opposite of head and shoulder patterns, as the name suggests. Inverse head and shoulder patterns are a bullish reversal pattern that typically occurs at the end of a downtrend or strong move down.
This lesson covers the intricacies of the bull flag with the effective use of charts, pictures, and graphs. In penny stock trading, the bull flag means a continuation pattern that forms after an upward (bull) move and indicates the stock is likely to continue to rise more.
In this lesson, you’ll know why you need to keep track of the vertex of both bull and bear flags to determine support and resistance pattern in the future. The bear flag is quite the opposite of the bull flag. It refers to the bearish continuation pattern that forms after a downward move and indicates that the stock is likely to fall.
This lesson covers all technical details of the ABCD pattern required for a quality penny stock trading course. ABCD represents a bundle of patterns that indicates the different situations of the stock market. A stands for the initial spike and high of the day, B stands for the pullback and first bounce, C forms a higher low above B, and D refers to the breakout above A and continues going up.
The above lessons have covered several complex charts and pattern formations of penny stock trading. In this section, you’ll learn what these patterns mean from live examples and market analysis. This lesson will help you better understand the technical terms and see how they indicate the nature of the stock market.
Now that you know about the patterns and have learnt how different patterns appear in live examples. This lesson offers a practice module for the learners. You need to analyse each chart and try to spot all chart patterns correctly. Let’s practice and judge how much you’ve learnt from this penny stock trading course.
There are multiple stock trading platforms equipped with several features and specifications. In this lesson, you’ll learn how to set up the Thinkorswim stock trading platform in a few easy steps. This is a free online trading platform available in web, desktop and mobile versions.
Your training is complete. Now it’s time to put your hard-earned money at risk. Before taking the risk, let’s learn how to minimise the risk and make more profit. Here, you’ll learn how to use a live account, analyse the patterns, understand the stock market and stay as risk-free as possible.
|Module 01: Penny Stocks|
|Module 01: Penny Stocks||00:06:00|
|Module 02: Opening a Trading Account|
|Module 02: Opening a Trading Account||00:06:00|
|Module 03: Setting Up Trading Platform|
|Module 03: Setting Up Trading Platform||00:30:00|
|Module 04: Buying vs. Short Selling|
|Module 04: Buying vs. Short Selling||00:05:00|
|Module 05: Short Sale Restrictions: SSR|
|Module 05: Short Sale Restrictions: SSR||00:05:00|
|Module 06: Technical Analysis|
|Module 06: Technical Analysis||00:17:00|
|Module 07: Fundamental Analysis|
|Module 07: Fundamental Analysis||00:12:00|
|Module 08: Scanning for Stocks to Trade|
|Module 08: Scanning for Stocks to Trade||00:14:00|
|Module 09: Trading Psychology|
|Module 09: Trading Psychology||00:06:00|
|Module 10: Understanding the Order Types|
|Module 10: Understanding the Order Types||00:05:00|
|Module 11: Trading Breakouts|
|Module 11: Trading Breakouts||00:09:00|
|Module 12: Stock Market Dictionary|
|Module 12: Stock Market Dictionary||00:10:00|
|Module 13: Risk Free Trading Strategy|
|Module 13: Risk Free Trading Strategy||00:07:00|