- Description
Description
Lex Van Dam – 5-Step-Trading Stocks I and II
Sale Page : lexvandam.com
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In Million Dollar Traders Lex trained a diverse group of eight people with no trading experience for two weeks after which he handed them 1 million of his own money.
They then traded his money for eight weeks and ended up outperforming the professionals. The training program has now been further improved and has been used to create an online course called 5-Step-Trading Stocks. The goal of 5-Step-Trading Stocks is to give you a good grounding so that when it comes to more aggressive trading methods that Lex will discuss in later courses you will have a good basis to work from. Even if you are only interested in FX trading this is still a course that will serve you well.
The 5-Step-Trading Stocks Online Modules consist of:
1. Idea Generation
Here Lex discusses the basics of trading and investing how to find good trading ideas and how to avoid common mistakes. This module also investigates general market direction and stock market history to help put ideas into perspective.
2. Company Analysis
Lex discusses how to take a stock trading idea and decide if the idea makes sense from a valuation perspective; what is important to look at and what is irrelevant. Company management and research analysts cannot be trusted to give an independent view of a company and its business. You need to do this yourself. In this module we aim to show you how.
3. Chart Analysis
Here Lex shows why looking at charts is necessary before trading. He teaches you how to read a chart properly and show you which techniques should be used and how. We will look at general market indicators to put things into perspective.
4. Trading Psychology
Trading is one of the hardest things in the world. It is easy to get greedy when it goes well and panic when things go wrong. Lex shows how to deal with the pain and improve your mental toughness. Good traders run their profits and cut their losses. Lex will show you why most people do the opposite. He will show you how to do a mental check every time before you trade.
5. Risk Management
In this final module Lex teaches how to end up with a portfolio of stocks that work well together where everything is sized properly with targets and stop-losses correctly documented and where the balance between risk and reward is right. If you do not do this you are likely to end up with large losses.
