 |
Pristine Trading Lab - Part I
Pristine's 3-Day Trading Laboratory Part I (LAB 1)
Daily Schedule
All times
are Eastern Standard Time
| 8:00
- 9:30 |
Individual preparation; pre-market analysis; review Pristine Trading Newsletters; Daily Trading Plan and bias. Administration of watch list; set alarms; review Pristine ESP Pre-Market Scans |
| 9:30
- 11:15 |
Educational Interactive Trading Session: Study and observe Pristine Traders' tools and tactics at the opening bell and through morning reversal periods; learn how to assess market conditions, sector strength and weakness, playing opening gaps, and identifying low-risk swing trades; and live trading |
| 11:15
- 12:45 |
Breakout Educational Lessons on various topics. |
| 12:45
- 1:45 |
Lunch Break (On your own) |
| 1:45 - 4:00 |
Educational Interactive Trading Session: Focus will be on Late-Day Breakout tactics and anticipatory Swing entries. |
| 4:00
- 4:15 |
Individual time to print and analyze charts and trades; complete Individual Trading Journal (mandatory) |
| 4:30
- 5:30 |
Post-market wrap; analysis of after-hours market moving events; group review of individual trades; preparation for following market day, review of Pristine ESP scans and preliminary stock selection |
Pristine
One-week Trading Lab Objectives
| Day
1 |
Objective:
Review of goals and objectives of the LAB and explain how the daily schedule should give you the objective approach and confidence to find, execute and manage wealth and income building trades consistent with your Trading Plan using the principles taught in The Pristine Method® Part 1 (TPM). This Lab will focus on designing a workable Trading Plan and reviewing the principles taught in TPM 1 so they start to become second nature to you.
- Welcome by Instructor
- Self-introductions
- Review of LAB Agenda, approach, and Exhibits for daily routines
- Administrative paperwork and Sign on Codes
- Tour of Pristine.com website
- Free Services
- Newsletters
- Live Trading Rooms and Trading Room Resources
- ESP™
- Bookmark www.pristine.com/Services/EducationalReports/Glossary.aspx
-
Trading software exercises (Reviewed in a pre-lab session)
- Introduction to Pre-Market Preparation Routines
- Review of Pristine Trading Patterns (Part 1)
- Construct your Trading Plan (complete forms and review Exhibit "A")
- Using Pristine ESP™ (Part 1 and 2)
- Test on TPM1 Material
|
|
| Day 2 |
Objective:
Understand the Real Tick™ direct access order entry process, the variables, and the strategy of using different ECNs. Will also introduce the disciplined methodology in finding, entering, managing, and exiting trades consistent with your trade and risk profile.
- Thorough review of order entry properties and system defaults
- Popular Market Makers and ECNs
- Trade execution on listed and Nasdaq exchanges
- Review of Pristine Setups for Lab Part 2 (Guerrilla Setups)
- Trade Evaluation Checklist
- Review of Pristine ESP™ alerts and intra-day scans
- Trading Evaluation
- Pristine's Top Down Approach to Trading the Markets
|
|
| Day
3 |
Objective:
Putting it all together. You will be expected to demonstrate proficiency in locating, entering and managing low risk trades using The Pristine Method® and a reasoned trading plan. The afternoon will be spent on individual sessions which will be used to discuss your "Trading Plan Draft" and any necessary adjustments you need to effect on it. Time will also be allotted for group and individual Q&A.
- Using multiple timeframes for trading
- Using ETF's and Holdrs to diversify and improve trading.
- An introduction to Relative Strength Analysis
- Using Oscillators in The Pristine Method®
|
|
| Call Toll Free |
|
1-800-340-6477 |
|
|
|
