trading skillsfuture course feedback 260721 1

Last weekend, we conducted another online workshop on the basics of trading and investing, and since it is a SkillsFuture Credit-Eligible Course, participants could use their SkillsFuture credits to pay for the course instead of cash.

Thanks for the support! ?

During the 9 hours of training, participants learnt portfolio strategies to build and protect their wealth, as well as trading skills like market-timing, chart-reading and risk management to improve their trading results.

Here is some of the feedback and learning points from participants, after our hands-on market analysis session to find trading opportunities in the market.

If you are keen to learn more using your SkillsFuture credits, you can check out our courses:

P.S. To ensure optimal learning, we have capped the maximum class size.

Register early to avoid disappointment!

SkillsFuture Credit

SkillsFuture Credit 2

How to Build Confidence in Trading 1

Success breeds confidence
Baby steps to giant strides
Confidence in your (i) ability (ii) system
Hesitation to pull the trigger
One more bar syndrome
Burnt finger anxiety
Mental reset – one good trade!

 

complete guide to investing and trading psychology cover

If you would like to learn more about trading psychology, also check out: “The Complete Guide to Investing & Trading Psychology”

What is Your Circle of Control in Trading 1

Focus your energy on what’s important
Letting go of the outcome
You cannot control the outcome, but you can control your actions and emotions
Do not focus on the $ and P&L fluctuations
Sports analogy: Don’t focus on the score!
Big picture: individual trades do not matter

Read more: Is Trading really Risky like Gambling? (How to Trade Like a Casino)

 

complete guide to investing and trading psychology cover

If you would like to learn more about trading psychology, also check out: “The Complete Guide to Investing & Trading Psychology”

How to Manage Winning Trades with the Correct Trading Psychology

Do not take profits until there is a good reason to do so
The Chicken parable
Do not count your profits until they are realised
Accept that you will have to give some profits back to the market
Do not become complacent or greedy after a huge windfall or winning streak

 

complete guide to investing and trading psychology cover

If you would like to learn more about trading psychology, also check out: “The Complete Guide to Investing & Trading Psychology”

How to Develop Mental Agility in Trading

Trade what you see, not what you think
Being objective despite having open positions
Anticipate, but only act when market confirms your opinion
When you see danger, get out first!
Clear all positions to have a neutral frame of mind

 

complete guide to investing and trading psychology cover

If you would like to learn more about trading psychology, also check out: “The Complete Guide to Investing & Trading Psychology”