TechniTrader Student Campus

1-on-1 coaching with Mel was extremely helpful. I wanted to confirm whether my end to end process was correct beginning from doing the Market Condition Analysis -> finding the right candlestick patterns with the right indicators -> creating watchlist -> figuring out the proper Risk/Reward ratio using support & resistance, so that I can begin my first (paper) trade. There are delicate nuances in all of these steps and those nuances are important. For example, days like today when the Momentum Sell scan has more than 400 symbols, I thought the bias was down, but no! The Momentum Buy scan is above average AND even in the Momentum Sell scan there are many "green" symbols, so the bias is actually neutral rather than down. Also, she helped me to think about what patterns I'm likely to see in the current market condition, and where I might find those patterns. Also, she helped me to find the right candle patterns like what's good engulfing vs not, whether wicks / tails should be included when drawing support & resistance, how to think of support & resistance as actually a box, rather than just a line, etc. We also talked about why buying the dip is not a good strategy (because without a strong buy-signal, you can get a lower low!) and what's the market's psychology behind potentially leading to more down side (profit taking or cutting the loss). That's very different from the retail-side saying, so that was super important to intuitively understand that. She even sent me the recording of the my 1-on-1 session afterwards, so I can rewatch later so that I won't forget all these important teachings!