THESE 3 CRITERIA ARE A MUST

how to start trading in

THE STOCK MARKET

Real-life lessons from Taylor Price

TAP INTUIT
 A U T H O R ' S N O T E

Hey, it's Taylor! I hope you enjoy this ebook

and use it wisely. The information in this ebook
may change your life if used properly. All that
said, results will vary among individuals. It is
up to you how much you apply this starter-
pack to your life and comprehend it. Once and
only you finish this ebook, there will be a gift.
You have to finish it first and apply your new
knowledge.
step
1
F I G U R E O U T W H E R E Y O U W A N T

T O B E
 B R E A K D O W N

Whenever people want to begin trading, they

are typically under the impression that they
may be able to start off with $100 and turn it
into $100,000 in a matter of a few months.
While this idea of turning $100 into $100,000
may be possible to achieve, it is not realistic.

As a beginner, you need to figure out how much

you are able to start with, how much you are
willing to lose, and what is your ultimate goal
with trading. You also want to consider how
much you want to make percentage wise
annually and monthly on your investments.

C O N S I D E R T H I S A N N U A L F O R M U L A :

FORMULA: EXAMPLE: APPLY:

AMOUNT EXTRA
YOU WANT $5,000 PER
TO MAKE YEAR
ANNUALLY

REALISTIC % 10%
YOU CAN EARN RETURN
= ANNUALLY = ANNUALLY =

HOW MUCH
$50,000 TO
MONEY YOU NEED
START
TO START WITH
 C O N S I D E R T H I S M O N T H L Y F O R M U L A :

FORMULA: EXAMPLE: APPLY:

AMOUNT EXTRA $500
YOU WANT PER MONTH
TO MAKE
MONTHLY

REALISTIC % 10%
YOU CAN EARN RETURN
MONTHLY MONTHLY
= = =

HOW MUCH
$5,000 TO
MONEY YOU NEED
START
TO START WITH

Remember, these are just examples. To make

the examples more realistic, use the 'APPLY'
column tailoring to your specific desires.

If you're thinking that 10% is unattainable for

you, it's not. Using the proper strategies, you
may be able to achieve 10%, 15%, or even 75%
on an annual or monthly basis. Here's a
breakdown what you need daily, weekly, and
monthly, to achieve about 100% annually:

.25% 2% 8.3%
each trading each week each month
day for 253 for 4 weeks for 12
days months
step
2
C O M P R E H E N D S T O C K T R E N D S
 T R E N D S

Once you figure out your goals how much

money you need to fund your account, the next
step is to understand stock trends. Stock
trends, otherwise known as chart setups,
determine when to buy a stock and when to
sell a stock.

Trends vary from chart to chart due to multiple

catalysts: news, psychology, price action, and
support/resistance levels.

If you are able to capitalize on one of these catalysts,

you will be able to readily identify a stock trend in the
making. The earlier you are able to properly identify
one of these 3 trends, the bigger profits you will be
able to make.

After you recognize these 3 stock trends, you can

search any ticker symbol (a company's name
abbreviation for stocks) and see if it's one to invest in
for potential profits.
 C H A R T S E T U P # 1

The first pattern you see here is titled an

'Uptrend.' This is a pattern where one typically
buys and holds a stock. The supporting line of
the zigzag is called a 'support line.' When a
support is diagonal like the one pictured above,
it is a sign of bull sentiment (strong uptrend).

The ticker symbol 'GOOG' is Google's stock

name. This is a real life example of what an
uptrend looks like. There is a supporting line
that the candles bounce up and above support.
A common trade in this example would be to
buy once the candle hits the support (red) line.
 C H A R T S E T U P # 2

The second chart patten is what is known as

the 'Sideways Trend.' This is when a stock
channels in between two lines, a support line
and a resistance line. When a ticker symbol
begins to channel sideways, that means the
stock is consolidating. It is trying to figure out
if it wants to move into an uptrend or a
downtrend.

DRIP is a real-life example of what sideways

trends look like. In this picture, DRIP is
channeling sideways and eventually once it
reaches the resistance line, break resistance
into new support. Sideways trends determine
which direction a ticker symbol is heading.
 C H A R T S E T U P # 3

The third chart setup is a 'Downtrend.' It is the

opposite of an uptrend. In a downtrend, many
traders short and cover. This means that they
are betting that the company's share price will
fall and in return, make a profit if their
predications are correct. This chart is bearish.

In this real life example, NFLX channels downward

between support and resistance lines, thus creating
a downtrend.
 B E A W A R E

As a trader, you must be aware that not all

chart patterns will work out 100% of the time.
However, that is you must control risk and
manage it.

E X A M P L E # 1

8 / 1 0 2 / 1 0

P R O F I T A B L E N E T P O S I T I V E L O S I N G

T R A D E S $ 6 0 0 T R A D E S

+$100 -$100
+$100 -$100
+$100
+$100
+$100
+$100
+$100
+$100

E X A M P L E # 2

2 / 1 0 8 / 1 0

P R O F I T A B L E N E T P O S I T I V E L O S I N G

T R A D E S $ 1 1 0 0 T R A D E S

+$1000 -$100
+$500 -$20
-$80
-$100
-$30
$10
-$40
-$20

Keep your losses small, and your profits large.

step
3
O P E N A B R O K E R A G E A C C O U N T
 T R A D I N G A C C O U N T

Now that you understand how much you need

to start with trading and the 3 top trading
trends, it is time to open up a trading account.
You may do this action with what's known as a
'broker.'

Each broker will vary in what they offer and

what commission fees you have to pay. Here
are some of the most common brokers with
pros and cons:

Robinhood
No commissions/Beginner friendly
Customer Service Issues
No alerts/Delayed Quotes

TD Ameritrade
No commissions for trading
stocks/Free trading software
Advanced Brokerage with Real
Time Quotes

Charles Schwab
No commissions for trading stocks
Quality Customer Service
Advanced Brokerage
Here are some brokerages outside of the U.S
without the PDT rule:

Sure Trader
Varying commissions/paid
platform
Decent Customer Service
Advanced Brokerage

Ustocktrade
Varying commissions/Interactive
platform
Decent Customer Service
Advanced Brokerage

My personal favorite is TD Ameritrade and its

trading software, Thinkorswim (TOS). It's a free
platform that does not take long to learn and
may help you transform your trading
techniques.

If you are looking to extend your knowledge of

trading, you may click the lightbulb below to
my free YouTube Video:
step
X
R E C A P
 W H A T Y O U L E A R N E D

In this ebook you learned about the 3 step

process to get you into trading.

First, you learned how much money you plan to

start trading with, the percentage you would
like to make, and what your goal is for trading.

Secondly, you saw the 3 most common chart

trends and will continue to see them on trading
charts. You will continuously study these
patterns as they are what will make you
profitable or lose money.

Thirdly, you intend to open or have opened

your own trading account and are learning how
to use the trading softwares provided.
 A D D T I O N A L R E S O U R C E S

Free eBook:
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TAP Trading Floor

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