Trade Booster | Espresso

Trade Booster Program

7 days to kick-start disciplined trading

[provided by our subsidiary company Sharekhan Education (Sharekhan.com India Pvt. Ltd.)]

  • Duration
    7 days (2 hours per day)
  • Delivery
    Online
  • Investment – Retail price
    Rs 15,000 + GST
  • Price for Espresso customers
    Rs 9,990 + GST

Day 1

  • Overview of financial markets
  • Opportunities available in the world of trading
  • Advantages of trading
  • Why a majority of traders fail?
  • What it takes to become a successful trader
  • How to kick-start your trading journey on the right note?
Understanding Technical Analysis
  • What is technical analysis?
  • Advantages and limitations of technical analysis
  • Different forms of technical analysis
  • Important things to consider while using technical analysis
  • Common mistakes while using technical analysis
Getting Started
  • Understanding basic charting and learning how to read price charts
  • Differences between line charts, bar charts and candlestick charts
  • Understanding different time frames (5 mins, 15 mins, 60 mins, daily, weekly and so on)
  • The relationship between time frames and trading styles (which time frames to use as an Intraday trader, Swing trader and Positional trader)
  • Selecting the right trading style
  • Advantages and disadvantages of different trading styles
  • A tour of the Espresso platform that explains the different features available for a trader

Day 2

Advanced Charting – Candlesticks Explained
  • In-depth understanding of Japanese candlestick charts and their advantages
  • Detailed explanation on 15 important candlestick patterns to capture high probability turning points in the markets
  • Live Espresso platform demonstration – Candlestick patterns and their results in real time
  • Common mistakes while using candlestick patterns and how to avoid them

Day 3

Advanced Charting – Support and Resistance Explained
  • Learning how to identify strong levels of support and resistance on price charts using trend lines, horizontal lines and candlestick chart patterns
  • Live Espresso platform demonstration – Quick tour of support and resistance identification in real time
Advanced Charting – Trend Analysis Explained
  • What is a trend?
  • Types of trends
  • How to identify trends using different tools available on Espresso (trend lines, moving averages, line charts and so on)
  • Combining trends with candlestick charts

Day 4

Advanced Charting – Indicators Explained
  • Understanding indicators/oscillators
  • Different types of indicators and oscillators
  • Use cases of indicators and oscillators – What they do and what they don’t do
  • Live Espresso platform demonstration – Understanding RSI and its applications
  • Live Espresso platform demonstration – Understanding MACD and its applications

Day 5

Advanced Trading Strategies – Leveraging Various Tools to Form Powerful Trading Strategies
  • Venturing into the world of trading
  • How analysis and trading are two different things
  • Key ingredients to successful trading
  • How to have the right trading psychology?
Strategy No 1
  • Identifying high-probability reversal signals using a combination of support/resistance, candlesticks and RSI
  • Application and practice on the Espresso platform in real time

Day 6

Strategy No 2
  • Trading the box breakout
  • Application and practice on the Espresso platform in real time
Effective Scanning Techniques for Intraday, Swing and Positional Traders
  • Using the Espresso platform to scan for high-probability Intraday opportunities
  • Using the Espresso platform to scan for high-probability swing and positional trading opportunities
  • Application and practice of techniques in real time

Day 7

Risk Management and Position Sizing
  • What is risk management?
  • What is position sizing?
  • Why having a strategy is only half the battle won?
  • Important insights on managing risk efficiently
  • Minimum capital required for trading efficiently
  • Insights on preparing a simple trading plan