Details of Technical Analysis program :
1) Philosophy behind Technical Analysis
2) Detailed understanding of Japanese candlesticks and their patterns
3) Dow theory
4) Moving averages
How moving averages can be used to see the trend of any stock
5) Supports and resistances
How simple support and resistance lines can be used to get entry and exit signals
6) Various technical patterns
Flag/pennants
Triangle breakouts/breakdowns
Double and triple top/bottoms
Trendline and channels
Consolidation patterns
Head and shoulders pattern
7) How to calculate stop losses and how to trail profits
After learning basics many charts will be discussed and there will be a session on how to use online and offline charting softwares.
Long term wealth creating using Price-Volume trading :
1) Overview of technical analysis
2) Busting myths related to trading
Trading is not gambling
Trading is not only INTRA DAY as perceived by everyone
Trading is not very risky if done with proper risk management and position sizing
3) What is trend following or momentum?
Evidence of trends in financial markets
Data driven trend following strategies (long and short)
4) Some indicators to identify trends
Moving averages
RSI
Stochastics
MACD
5) System trading
What is system trading
How to build systems
Importance of back testing trading strategies
How to do back testing of strategies
6) Risk management and position sizing
How not to blow up one’s trading account
How much to trade after considering one’s trading capital