Deep Roadmap to Learning Trading
STAGE 1: Financial Market Fundamentals
1.1 Understand What Trading Is:
- Difference between trading vs investing.
- Asset classes: Stocks, Forex, Crypto, Commodities, Indices.
- Market participants: Retail traders, institutions, market makers.
1.2 Learn Market Mechanics:
- How exchanges work.
- Brokers vs. direct market access.
- Order types: market, limit, stop, etc.
1.3 Financial Instruments:
- Equities, derivatives, ETFs, bonds, REITs.
STAGE 2: Core Trading Concepts
2.1 Price Action Basics:
- Candlesticks, timeframes, trends.
2.2 Support and Resistance:
- Static/dynamic levels, role reversal.
2.3 Volume Analysis:
- Spikes, dry-ups, climaxes.
STAGE 3: Technical Analysis Mastery
3.1 Indicators & Oscillators:
- MAs, RSI, MACD, Bollinger Bands, VWAP.
3.2 Chart Patterns:
- Reversals: Head & Shoulders, Double Tops/Bottoms.
Deep Roadmap to Learning Trading
- Continuations: Flags, Triangles.
3.3 Trend Analysis:
- Trendlines, multi-timeframe study.
STAGE 4: Strategy Building & Backtesting
4.1 Create a Strategy:
- Entry/exit rules, stop-loss, RRR.
4.2 Backtesting:
- Historical data testing using tools.
4.3 Paper Trading:
- Use demo accounts for skill building.
STAGE 5: Risk & Money Management
5.1 Capital Protection:
- Risk 1-2% per trade.
5.2 Position Sizing:
- Fixed risk/lots, Kelly formula.
5.3 Portfolio Management:
- Diversification, correlation.
STAGE 6: Trading Psychology & Discipline
6.1 Emotional Management:
- Control fear, greed, revenge.
6.2 Journaling and Review:
Deep Roadmap to Learning Trading
- Log trades and review.
6.3 Mindset Training:
- Probability thinking, process focus.
STAGE 7: Going Live & Scaling Up
7.1 Start Small:
- Use micro-lots, build consistency.
7.2 Optimize Strategy:
- Refine and remove clutter.
7.3 Scale With Confidence:
- Grow account or join prop firms.
STAGE 8: Advanced Topics & Professional Growth
8.1 Fundamental Analysis:
- Stocks, forex, crypto fundamentals.
8.2 Quantitative & Algorithmic Trading:
- Python, APIs, automation.
8.3 Networking & Mentoring:
- Communities, mentors, seminars.