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.
About the Course
The Marketmaster course is offered on Teachable.com and begins with a basic introduction to the financial markets and common technical terms. Once you understand the basics, we’ll dive into the foundational elements of technical analysis. This starting point is pivotal; understanding candlesticks, chart patterns, volume, stop-losses, and why they matter is the bedrock to making informed trading decisions.
Following this, we’ll take a deep dive into the psychological aspects of trading. Here, you’ll learn to master your emotions, ensuring that your decisions are driven by strategy rather than instinct or fleeting sentiments.
From there, we'll delve into Norbert's Gambit, a savvy technique for converting between Canadian and U.S. dollars without the hefty currency exchange fees.
Finally, we'll unpack the Tax-Free Savings Account (TFSA) and highlight its role in tax-efficient investing, where most forms of investment income remain untaxed, even upon withdrawal.
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 Will Learn:
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
What’s Next?
Once you have completed the Marketmaster course, you should be well-versed in the fundamentals you’ll need to start trading with confidence. If you have any questions or require clarification, we encourage you to reach out directly via email. While completing this course is neither a guarantee nor an indication of success, we hope it provides the foundations to launch a well-informed trading journey.
Disclaimer
The information provided in this course is for educational and informational purposes only, is only of a general nature, and should not be interpreted as a recommendation for any specific investment, trade, use, or course of action. The information in this course not intended to as investment, financial, legal or tax advice and you are encouraged to speak to a licensed financial advisor prior to making any investment decision. Investing and trading in the stock market is risky and could result in substantial losses and is not suitable for every investor. You should not invest or trade in the stock market unless you can afford to lose all your money. Past performance of a stock or the market is not indicative of future results. You are responsible for completing your own independent investigation and due diligence into any trade, investment, or course of action. Other than these course materials which are general in nature and do not purport to be tailored to your needs, Marketmaster has not provided you with any information specific to any individual stock, investment, trade, or course of action or any tailored advice and without limiting the generality of the forgoing, Marketmaster has not provided you, nor have with any offering memorandum, any prospectus, sales or advertising literature, or any other document describing or purporting to describe the business and affairs of any particular stock or investment, Marketmaster has not recommended any particular stock, trade, investment or course of action.
Without limiting the generality of the forgoing, this course back has not provided you with specific tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. You are encouraged to get advice from a qualified tax advisor prior to making any trade, investment, or taking a course of action.
You are responsible for obtaining your own financial, investment, legal, tax and other advice prior to making any trade or investment decision.
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