Precourse
Module 1 – 2010 Step by Step Trade Walkthrough
Module 2 – 2011 Step by Step Trade Walkthrough
Module 3 – 2012 Step by Step Trade Walkthrough
Module 4 – 2013 Step by Step Trade Walkthrough
Postcourse

Introduction – Kumo Breakout Walkthrough

Outline

Module 1 – 2010 Step by Step Trade Walkthrough
Module 2 – 2011 Step by Step Trade Walkthrough
Module 3 – 2012 Step by Step Trade Walkthrough
Module 4 – 2013 Step by Step Trade Walkthrough

In this course, we’ll set some basic trading rules then look for stocks that fit the rules. The trading platform, ThinkorSwim, allows you to go back in time and see how stocks performed in the past. We’ll start in 2010 then work our way forward. Once a stock fits our rules we’ll follow it.

We’ll place “paper trades” by notating our entries, then indicate stops by drawing lines on the charts. We’ll slowly go forward and either move up the stop or split the stop into two orders as if the price rises.

Of course, if the price falls and touches a stop we’ll record it as a profit if the stop is above our entry or as a loss if below.

Course Objectives

By the end of this course, you’ll:

  • be able to recognize Ichimoku Kumo breakouts
  • know one way to place and move up stops
  • recognize examples of possible trading ideas
  • be able to plan your own trades
  • have ideas for your Trading Plan
  • critique trades

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