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Are you new to technical analysis? If so, this course is designed as a basic introduction to understanding chart analysis and will provide a solid foundation for becoming a better trader.
Most chartists do not have the foggiest idea what they are looking at. They look at a price chart and see squiggly lines, vertical boxes and a bunch of numbers ??? and they believe that they can actually predict the future from these pretty pictures. Sadly, that false belief leads to losses..and the inevitable conclusion that technical analysis does not work.
Wrong!
Technical analysis works just fine. The malfunction was not in the chart???it was in the chartist. I call it ???operator error.???
Ask yourself these questions:
Are you new to technical analysis?
Have you been using charts to make your trading decisions but it???s just not as easy as you imagined?
Are you a hard-core fundamentalist that views technical analysis as a bunch of hooey?
Have you been enjoying some success through chart analysis but think you might be missing something?
Are you an experienced ???chartist??? who would like to brush up on the basics?
If you answered ???Yes??? to any of these questions, ???Technical Analysis for Non-Technicians??? is for you! Taught by Dan Fitzpatrick ??? the trader that Jim Cramer calls his ???go to guy??? for understanding charts ??? this course explains the essential elements of chart analysis to get you off on the right foot.
Finding Hidden Supply and Demand. Know where the buyers and sellers are before you buy.
Protective Stops. Do???s and Don???ts.
Risk. Take the risk out of your trading by knowing what it is.
Price Patterns. There is no such thing as a ???broken pattern.???
Moving Averages. Not all moving averages are created equal.
Stock Trends. The trend is not always your friend.
Bottoms and Bases. Avoid catching the falling knives???but don???t miss out on the missile launch.
Bollinger Bands. This is the only ???secondary??? indicator that is actually a ???primary??? indicator.
PLUS: Get your questions answered by Dan during the LIVE Q&A after the course.
"Great job. Particularly valuable clarification of Bollinger Bands, for me. Thanks for generously providing your work. I really enjoyed the presentation of the material and gained insights into information available from just the primary indicators. I am sure you have done this before but the clear development and smooth delivery of your thoughts were first class. Well Done!"
— Mark (SMM Member)
"My feedback on the course Dan developed and presented: it was excellent! I thought he covered some of the most pertinent fundamentals with respect to TA. I am not an expert in TA, but have been learning and using it for several years in my own trading and investing. The course helped me think about some things I hadn't considered, and how to use the techniques presented in a more effective and profitable way. I think you guy's are putting on a really great service that helps a lot of traders and investors. Thanks again"
— Jonathon (SMM Member)
"Great material. Even though I have been with you several years and trading about 10 years seriously, I actually was able to spot a few mistakes I have been making and was not even aware of them. Thanks for caring about us. You are definitely great at what you are doing."
— Jeannine (SMM Member)
"The presentation was excellent. FYI: I'm an old coot... some 88 and still kicking. As a broker
for the past fifty years my track record of selection has been marginal and mostly intuitive. With the steam I have left, I think I am going to have a lot more fun thanks to you. I???m so grateful to you."
— Robert (SMM Member)
I don???t want you to become an expert chart reader... I want to teach you to become a profitable trader!
We focus a lot on reading and understanding technical charts. There???s a place for that knowledge, and it???s a very important part of your skillset. But you can learn about reading technical charts anywhere.
I want us to go the next step further:
There???s a big difference between being able to do standard chart analysis, and being able to look at the charts and get an understanding of what people are thinking.
Who are the people driving the price? What???s their thinking and motivation? When you get a better understanding of what???s driving people???s thinking, you gain an edge on selecting the right stock at the right time.
Turning Patterns Into Profits is all about combining technical chart analysis with other outside sources of information to better understand the market.
BUT... none of that matters if you???re not protecting yourself from costly losses. Risk Management is the most important part of any trading strategy, and we???re going to make sure all of our trades are properly assessed for risk! Don???t worry, we???ll cover stock selection, entries, exits, etc. but you MUST manage risk to be consistently profitable.
In this course we???re going to be covering:
Determining WHO is moving the stock.
Structuring your analysis for more accurate decision making.
Understanding price volatility and movements using standard deviation and Bollinger Bands
Accurate market gauges to understand more about the current state of the market than you'll ever see on CNBC. You???ll learn how Dan was able to appear on CNBC on October 4th and call for a big correction when others were still buying the dips. Dan returned to CNBC on October 25th and called for a short term relief rally...followed by another correction.
Learn the key concepts and tools for finding the best stocks to buy in different market environments.
Identify the difference between stocks that correlate with the market and those that don't.
Learn about the "Top Down" and "Bottom Up" approaches to trading, and when to use each one.
Fractional Trading: you don???t need to call the top or bottom of a stock, you need to know how to find good potential entry and exit points, and know when you should absolutely AVOID buying a stock.
SIDE 1: Losing Money. If you???re not prepared for a trade to go south, you???re risking losing a lot of money on the wrong trade. Learn how to properly size and position your trades to avoid big losses!
SIDE 2: Missed Opportunities. Stop missing out on a big trade because of fear of the unknown. If you???re planning and assessing risk appropriately, you???re already protected from a potential bad trade!
Many "chart technicians" are very adept at reading charts; but they still lose money.
If you want to make money trading, you must understand the nature of risk, and the proper strategies to protect yourself from big losses.
"I loved it, and I can???t say enough good things about what you and Gary put together for us. Even though I???ve been listening and watching everything you say and do for the past twelve years, today???s video was extremely impressive. You???ve exceeded all your previous efforts to help educate your subscribers. In particular, one of the final ???pages??? on risk management really rang a positive bell. When you talked about the person with a $400,000 account who limits himself to only trading as though he had just a $100,000 account, I thought you were talking directly to me; very close to what I started doing this year. So far, so good."
— Ron (SMM Member)
"Wow... Dan really poured his heart and soul into this one, the analogies were great, he really distilled it down to basics / removed the wheat from the chaff, so to speak. Thanks again Dan."
— John (SMM Member)
"Thanks Gary and Dan, of course, really enjoyed the "Turning Patterns into Profits." All I can say is...More please."
— Helene (SMM Member)
"Thank you. The content was excellent! There were more than a few items that hit home: one specific for me is the concept of a repeating process rather than trading under fire etc.
Many thanks to you, Dan, and anyone else that contributed to the presentation."
— Phil M. (SMM Member)
"1st off, Thanks again for this opportunity! The course was absolutely amazing! To take Dan???s phrasing, ???listen up, I???m giving you pearls here" The course was definitely a string of pearls!"
— Michael (SMM Member)
"Thank you all for putting on such a great course. Dan did a first class job putting together and presenting the material. He tied a lot of things together for me. I have watched the webinar three times so far and gain something new each time."
— James (SMM Member)
"Thank you! I know the amount of work that went into putting this webinar together. The program was very good and for me a refresher of many of the fundamentals I've used for years. Risk management is the name of the game, I hope the audience understands preservation of capital. If you got those two points over, then success is evident."
— Charles (SMM Member)
Members receive an extensive ???Strategy Session??? video each evening, which is typically 20-30 minutes long. The Strategy Session is an ongoing analysis of winning sectors, industry groups and stocks that we???re focusing on. It is a constant source of profitable trading ideas and is intended to educate, inform, and challenge you to become a competent and successful trader.
Our Exclusive Community Forum is an active trading room; a community of traders that range from beginning traders with small portfolios to large money managers responsible for multi-million dollar funds. It is an ongoing source of education, trading ideas and market dialogue. I regularly join conversations, give feedback and share my trading ideas and experiences openly with the community.
Our dedicated Education Department comes complete with trading tutorials that will challenge you to learn various aspects of trading to enhance your trading skills. You can quickly find the latest educational content, broken down into Trading Concepts and Technical Analysis all of which give you a ???hands on??? guide to the trading concepts and ideas you need.
Video price alerts are sent to members as stocks covered in our Strategy Sessions and Chart of the Day videos make key technical developments during the trading day. You'll be emailed the chart of the stock along with the video providing the analysis of the setup. This is delivered during the market as the stock is making the move.
Sometimes you just want Dan's input on a chart. No problem, just ask. You can send a request for Dan to cover the chart. Once he covers it, we???ll email you the video that covers your stock.
Each month I host a ???Members Only??? Question and Answer webinar where I get deep and personal in helping individuals solve their problems. It???s great to watch, even if you don???t have any immediate questions since the quality of dialogue we have will help steer you in the right direction.
Members receive a more extensive analysis each weekend, with exclusive video content, including: a market overview, sector spotlight, Stock Watch videos to point you in the right direction to maximize your gains in the coming week.
With options, you can generate income from your current portfolio and hedge against market reversals. You can maximize the potential of a small portfolio by generating big returns on option trades.
Option Market Mentor members have access to trading ideas directly from Dan. You are also a member of a large community of option traders who share trades, ideas and knowledge every day. Dan gives you step-by-step instructions on how to put on the trade and manage it until it???s closed. He also regularly provides tutorials on common mistakes and current events in the market.
As a member you get access to deep discounts ??? up to 50% ??? on all of the Stock Market Mentor educational products. Whether it's our signature The 59 Minute Trader course or our popular Basic Training DVD Set, you'll be able to save hundreds of dollars off our products' regular prices. PLUS, members get early, priority access to purchase tickets to all our live workshops and seminars ??? they sell out fast!
On any given day, we have hundreds of active traders in the Forum. Since it???s a paid forum, everyone is focused on the same outcome and goals: to become better, more profitable traders. There???s a "positive-sum" mentality where everyone helps each other, you will be part of a community of like-minded individuals who want to help you be successful as other have helped them.
Give any of our courses or membership programs a risk-free trial for 30 days, and if you???re not satisfied with it, we'll refund 100% of your money. It???s really that simple. If you???re not 100% satisfied, simply send us an email. NO QUESTIONS ASKED!
Copyright © 2020 Stock Market Mentor All Rights Reserved. Reproduction without permission prohibited.
Investing involves substantial risk. No guarantee or other promise of performance or as to any results may be obtained from use of this information. The information provided herein is for educational purposes only and are only the ideas of the author with no guarantee of the outcome of such ideas. While past performance and/or references to potential future performance may be referenced or analyzed, past performance should not be considered indicative of future performance and references to potential future performance are only the opinion of the author and should not be relied upon without first conducting your own research and due diligence. No subscriber should make any investment decision without first conducting his or her own research and due diligence, including carefully reviewing the charts related to such security as well as the prospectus and any and all other public filings of the issuer of any security. The information provided is based upon and obtained from sources believed to be reliable. However, none of the information obtained or relied upon has been independently verified or otherwise investigated.