WORKBOOK 1
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WORKBOOK
Table of content
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Module 1: Define Your Life Vision And Goals
Module 2: Introduction To The Market
Module 3: Trading Zones & Price Action
Module 4: Technical Analysis - Using Indicators
Module 5: Managing Your Trades
Module 6: Defining Your Trading Strategy
Module 7: Executing Your Trading Strategy
Module 8: Keys To Trading Success
Module 9: The Confident Trader
Module 10: Advanced Techniques Of Great Traders
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Module 1:Define Your Life Vision And Goals
Answer the following questions:
What does your ideal day look like?
If money wasn’t an issue, what would you do?
What do you want to create in your life?
What would your ideal life look like?
My vision is…
Trading Goals
Goal #1:
Goal #2:
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Goal #3:
I will look at my vision and goals daily at…
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Module 2:Introduction To The Market
Answer the following question:
Why is it important to think in terms of probability?
The Market Phases
Phase 1:
Phase 2:
Phase 3:
Phase 4:
Types Of Trades
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Module 3:Trading Zones & Price Action
4 Examples Of Bullish Price Action
4 Examples Of Bearish Price Action
Example Of Reversal Chart Pattern
Example Of Continuation Chart Pattern
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Module 4:Technical Analysis - Using Indicators
IMPORTANT:Watch the videos about using specific indicators and explaining the types of
trades.
Answer the following questions:
What indicators can I use in Phase 1 & 3?
What indicators can be used in Phase 2 & 4?
What indicator(s) do I understand well?
What types of trades am I most comfortable with?
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Module 5:Managing Your Trades
Answer the following questions:
What is confluence?
What the process of looking for a good trade (step-by-step)?
My Maximum Risk Per Trade
I Will Implement… (T1/T2 Approach, Stop Loss Movement, etc.)
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Module 6:Defining Your Trading Strategy
Complete the One-Page Trading Plan
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Module 7:Executing Your Trading Strategy
Answer the following questions:
Why should I have routines as a successful trader?
How can I be a disciplined trader?
Routine (Steps) To Prepare Myself To Trade
5 Rules To Be In Your Best Trading State
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Module 8:Keys To Trading Success
Answer the following questions:
What are the 4 trade classifications? (describe them)
3 Characteristics Of Successful Traders
I Will Test My Trading Strategy By…
How I Will Progress…
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Module 9:The Confident Trader
Answer the following questions:
What is the Confidence Factor? (describe the process to gain confidence)
What are the 3 Types Of Confidence?
The Beliefs I Need To Adopt Are…
The Actions I Need To Adopt Are…
I Will Manage My Emotions By…
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Module 10:Advanced Techniques Of Great Traders
Answer the following questions:
I Will Implement The Following Rewards To Progress…
I Will Implement The Following Punishments To Progress…
=> Complete Your Trading Plan
=> Add Your 1st Periodic Review To Your Calendar
It’s been a pleasure to have you in Power Trader!
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By now, you have learned the essential skills and techniques that will make you a successful trader. The key now lies in practicing and making sure that you master every part of this course. Make sure you review the course and define a trading methodology that you can follow.
Make it happen!
And, don’t forget to share your successes with me!
Etienne
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