Week 1: Introduction to Intraday Trading
- Overview of Financial Markets
- Introduction to stock markets, exchanges, and trading hours.
- Understanding the role of various market participants.
- Intraday vs. Swing Trading vs. Long-Term Investing
- Different trading styles and their characteristics.
- Pros and cons of intraday trading.
Week 2: Fundamental Concepts
- Bid-Ask Spread, liquidity, and order types.
- Market orders, limit orders, stop orders, and more.
- Introduction to candlestick charts.
- Basic candlestick patterns and their interpretation.
Week 3: Technical Analysis
- Chart Analysis: Introduction to different types of charts (line, bar, candlestick).
- Reading and interpreting charts for intraday trading.
- Indicators and Oscillators
- Moving averages, RSI, MACD, and Stochastic Oscillator.
- Using indicators to identify trends and potential reversals.
Week 4: Risk Management
- Calculating and managing risk.
- Position sizing and money management.
- Setting Stop-Loss and Take-Profit Levels
- Strategies for setting effective stop-loss and take-profit points.
Week 5: Trading Strategies
- Trend Following Strategies
- Moving average crossovers.
- Breakout strategies.
Week 6: Practical Aspects
- Brokerage Platforms and Tools
- Overview of popular trading platforms.
- Using charting tools and technical analysis software.
- Order Execution and Platform Navigation
- Placing orders, modifying orders, and understanding order execution.
Week 7: Psychology of Trading
- Emotional Discipline
- Dealing with fear, greed, and other emotions.
- Developing a disciplined trading mindset.
- Trading Journals and Reviewing Trades
- Importance of maintaining a trading journal.
- Analyzing and learning from past trades.
Week 8: Legal and Regulatory Aspects
- Understanding Regulations
- Overview of securities regulations and compliance.
- Risks associated with trading and investor protection.
- Tax Implications
- Basics of taxation related to intraday trading.
Week 9: Final Project and Simulation
- Simulation Exercise
- Virtual intraday trading exercise with real-time data.
- Applying learned strategies and risk management
- Developing and presenting an intraday trading plan.
- Evaluation based on knowledge and application.