A Quick Word from Louise

Well, due to popular demand, here are a list of topics that we’ll be covering in the Mentor Program during the first 12 weeks.

Frequently Asked Questions

Firstly, for more information about the new program, click here for our FAQs. This page will hopefully give you a broad perspective on how we’re structuring things.

In general terms, I post a summary on a Friday or Saturday of each new week. I also post up the following week’s resources on one of those days too. I suggest that to keep up with the Program, aim to start the new week’s resources by the Tuesday of each new week. Try not to slip behind because this will interrupt your focus.

We’re bursting with excitement about the new program, and we’ve been flooded with enquiries. The competition to get into the course was fierce when we finally flashed the ‘green light’ and opened the program. So, here is exactly what we’ll be covering…

Chat soon!

Louise Bedford

Mentor Program – The First 12 weeks with Louise

*Any item in red signifies a video or a podcast multi-media module.

Each new mentoree will be given an audio recording called ‘Get a Trading Plan’. They’ll also be given course notes with basic info about the course.

Week 1- Introduction, Disaster Recovery, Structure, Role of a Trader

Team building and Introduction – definitions of key terms, how to use forum, etiquette, groups and using past mentorees as a resource, intro into how Louise sees the world of charting.

Video: Introduction to the Trading Game Forum – How to navigate around the the TG Forum.

Video: Welcome to the Mentor Program – Louise gives a quick explanation of what awaits you in the Mentor Program. Also included is a video recording of Louise giving one of her most popular presentations to an audience of several hundred people.

Video: Data Backup and Disaster Recovery – Video interview with Mark Snell.

Podcasts: Role of a Trader – What do you do all day? Trading routines. Audio podcast with Alan Hull.

Week 2 – Objectives, Setups and Triggers, Metastock & Beyond Charts+ Introduction

Video: Advanced Use of the Trading Game Forum – How to use the more advanced features of the TG Forum. Other Beyond Charts+ videos will feature throughout the Foundation section of the Mentor Program, on a periodic basis.

Podcast: – Scott Lowther

Video: Scott Lowther on how to use Metastock, and Daniel Kornaat on how to use Beyond Charts+ – Complete series in one video.

Extracts from The Secret of Candlestick Charting DVD program.

Video: 1-line Candle Patterns – Recognising setups and identifying entry triggers.

Video: 2-line & 3-line Candle Patterns – Recognising setups and identifying entry triggers.

Video: Macro Patterns – Recognising setups and identifying entry triggers.

Video: Trading Strategies – Utilising your setups and triggers.

Disaster Recovery, Role of a trader – Webinar. Stay tuned and register on the Mentor Program Forum to get involved.

Week 3 – Stops and Position Sizing

Video: Getting Started and Setting Stops – Important information on surviving the markets and retaining profits through the use of stop losses. Complete how-to for setting a stop loss.

Video: Volatility Stops – An introduction to Volatility Stops and how they work.

Video: Position Sizing – The importance of position sizing is explained and how to size your positions correctly to maximise your profits and limit your losses.

Videos: Scott Lowther on how to use Metastock and Daniel Kornaat on how to use Beyond Charts+ – These are the first 5 individual tutorials taken from the complete series video presented in Week 2.

Week 4 – Pyramiding & Consolidation of Concepts

Video: Pyramiding – How to effectively add money to a winning trade and how to use a trailing stop loss to protect your profits.

Pdf for downloading – Test Your Skills

Video: Test Your Skills – test your knowledge gained from the videos in weeks 3 and 4 (not including Metastock videos).

Podcasts: Back-Testing and You – Louise interviews Scott Lowther on this topic

Mechanical trading – Louise Bedford and Gary Stone talk about why you should trade mechanically

Videos: Scott Lowther on how to use Metastock and Daniel Kornaat on how to use Beyond Charts+ – Next 5 individual tutorials taken from complete series video.

Stops & Position Sizing – Webinar. Stay tuned and register on the Mentor Program Forum to get involved.

Week 5 – Revision and Opportunity International

Revision of topics covered so far.

Pyramiding & Consolidation of Concepts – Webinar. Stay tuned and register on the Mentor Program Forum to get involved.

Week 6 – Choosing a Platform

Choosing a platform for trading e.g. IG, CBS, CMC, Etrade and start paper trading.

Demo platform download

Video: Interview – with Caroline Semisi – CMC

  • Comsec and Etrade – LB
  • IG – past mentorees

Chris Tate to finish off week’s discussion.

Videos: Scott Lowther on how to use Metastock and Daniel Kornaat on how to use Beyond Charts+ – Next 5 individual tutorials taken from complete series video.

Webinar. Stay tuned and register on the Mentor Program Forum to get involved.

Weeks 7 & 8 – CFDs with Chris Tate

Video: CFDs intro and discussion with Chris Tate

Trading with leverage – pitfalls and advantages

Video: CFD Position Sizing

Week 9 – Trading Psychology

Podcast: Michael Yardney interview – A great podcast where Louise discusses mindset with Michael Yardney, an expert property investor.

Video: Trade for Your Life – Are you ready to trade full-time? Top 10 mistakes traders make.

Podcast: Stefan interview – How to handle losses, a life-shattering experience.

Video: Interview – Video interview with Peter Cook, world champion power-lifter. An athlete’s perspective.

Videos: Scott Lowther on how to use Metastock and Daniel Kornaat on how to use Beyond Charts+

Week 10 – Trading Plan Design

Podcast: Designing a trading plan – Tom Ede’s 1st lesson interview podcast.

Designing your own trading plan.

Video: Mark Bull – Focus and Skill – Video interview with Mark Bull.

Trading Psychology – Webinar. Stay tuned and register on the Mentor Program Forum to get involved.

Week 11 – Intro to Options

Video: Introduction to Options – Louise presents an intro to option trading.

Podcast: Jackie’s Option Trading Plan – Louise dissects Jackie’s option trading plan.

Week 12 – Transition to Chris Tate’s section of the Program

Revision and commentary on trading plans.

Set up for Chris Tate’s 12-week section.

Options and transition to Chris Tate’s Advanced part of the Program Webinar. Stay tuned and register on the Mentor Program Forum to get involved.

What’s Next?

After the first 3 months, Chris Tate will build on the foundation you have established in my part of the Program.

His section of the program is more flexible in nature, and not structured on a week to week basis. His 3 months are based on the needs of the group, and where the discussions lead to. He focuses on money management, and instruments to a greater degree – building on the Foundation section of the Program. Some groups end up spending 3 weeks on FX for example, whereas others just spend a few days and then move on. Here is a list of topics that Chris will cover:

Topics

Brief review of foundation material
Definition of points within a trading system
Revision of Set Up and Trigger concepts
Activity does not equal profitability exercise
Definition of trading time frames
Introduction to Index Trading
Analysing long term moves
Defining mechanical set ups
Defining mechanical triggers
Basic System Composition
Introduction to money management
Basic Macro System Parameters
Basic Automated Buy /Sell Signal Generation
Application of automated signals to non equity markets
Automated explorations
Application of automated signals to differing time frames
Money Management for non equities
Refining the use of leverage
Introduction to shorter term systems
Advanced options
Advanced money management
System integration
Commodities trading
Designing trading logic systems
Application of systems to continuous markets such as FX
Performance measurement systems