1
© 2013 by Adam Grimes. All rights reserved. This material may not be reproduced, modified or distributed express written permission. Week 1 Outline Introduction How to do this course: Commit. Take it seriously. Have an open mind. Plan to work hard. Imitate. Assimilate. Innovate. Participate in the community. (Register for the forum) Keep written records Basic Chart Reading Resources TAAS website http://adamhgrimes.com/TAAS Blog http://adamhgrimes.com/blog The Art and Science of Technical Analysis http://www.amazon.com/author/adamhgrimes The Forums http://adamhgrimes.com/TAAS/forums Waverly Advisors Research www.waverlyadvisors.com Psychology: Learning High-Level Skills Structuring Learning Every day without fail. The right attitude matters. Shorter sessions are more efficient. Multiple sessions are a good idea. Patience. You are growing new connections in your brain and this takes time. Homework 1. Record market prices one of two ways: Pick 4-12 markets and record prices periodically. o End of day. o If a daytrader, every 30 minutes? Charting by hand o Draw bar charts o Draw swing charts Define reversal: Crossing of MA, other trend indicator, price-based reversal 2. Start your journal 3. Work on your self-inventory 4. Register for the forums 5. Do the readings (optional) Readings Preface, 8-30 (basic chart reading), 3-8 (what is an edge?), 49-95 (trends)

Mod1 TAAS Week 1 Outline

Embed Size (px)

DESCRIPTION

m

Citation preview

  • 2013 by Adam Grimes. All rights reserved.

    This material may not be reproduced, modified or distributed express written permission.

    Week 1 Outline

    Introduction

    How to do this course:

    Commit. Take it seriously.

    Have an open mind. Plan to work hard.

    Imitate. Assimilate. Innovate.

    Participate in the community. (Register for the forum)

    Keep written records

    Basic Chart Reading

    Resources

    TAAS website http://adamhgrimes.com/TAAS

    Blog http://adamhgrimes.com/blog

    The Art and Science of Technical Analysis http://www.amazon.com/author/adamhgrimes

    The Forums http://adamhgrimes.com/TAAS/forums

    Waverly Advisors Research www.waverlyadvisors.com

    Psychology: Learning High-Level Skills

    Structuring Learning

    Every day without fail.

    The right attitude matters.

    Shorter sessions are more efficient.

    Multiple sessions are a good idea.

    Patience. You are growing new connections in your brain and this takes time.

    Homework

    1. Record market prices one of two ways:

    Pick 4-12 markets and record prices periodically.

    o End of day.

    o If a daytrader, every 30 minutes?

    Charting by hand

    o Draw bar charts

    o Draw swing charts

    Define reversal: Crossing of MA, other trend indicator, price-based reversal

    2. Start your journal

    3. Work on your self-inventory

    4. Register for the forums

    5. Do the readings (optional)

    Readings

    Preface, 8-30 (basic chart reading), 3-8 (what is an edge?), 49-95 (trends)