Jessey Wesko – Understanding Technicals and Managing Your Emotions to Master the Market
Invest in Your Trading Success
Marketmaster provides essential foundations for anyone interested in learning to trade. While completing the course does not guarantee success, it will provide you with the knowledge and insights needed to read the markets and devise an online investment strategy that aligns with your risk tolerance levels and financial goals.
This path won’t be simple. It demands reflection and a willingness to learn not just about the markets but about yourself. Discovering what strategies resonate with your unique relationship with money and your personal traits is critical to shaping the trader you’ll become.
Upon completing this course, you’ll find strategies for combining emotional control and technical analysis to create a successful trading approach. This isn’t about quick wins but about building a long-term strategy that withstands the market’s ups and downs.
What You’ll Learn In Understanding Technicals and Managing Your Emotions to Master the Market
Technical Analysis
- Understanding trading terminology
- Volume and liquidity
- Chart types
- Candlesticks
- Support and resistance
- When to enter and exit a trade
Stop Losses
- Types of stop-loss orders
- Limit potential losses
- Using stop-loss orders to mitigate impulsive decisions
- Fixed vs. trailing stop-loss orders
- Factors to consider
- Advantages/disadvantages
Order Types
- Market orders
- Limit orders
- Day trading vs. swing trading
- Initial capital
Fundamental Analysis/Stock Valuations
- P/E ratios
- Growth companies
- Earnings report
- Option contracts
- Penny stocks
Emotions and the Psychology of Trading
- Manifestation
- How to manage FOMO
- Assessing market sentiment
- Journaling
- Holding onto your winners and selling your losers
Norbert’s Gambit and Transferring Money
- Minimizing service fees and currency exchange costs
- Cross-border trading strategies
Taxes and Trading Out of a TFSA
- Leveraging your TFSA to trade from
- Setting up your brokerage accounts
- In’s and out’s, do’s and don’ts
- Tax implications
- How to avoid overtrading
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