STOCK MARKET TRADING COMMUNITY

If you're like us, your favorite price for anything valuable is FREE! That's why Lake Life Trading gives all of our members access to a 100% Free - no obligation trading education.

What's the catch?  There is no catch. You just need a name and email address, so that you can log in to our free proprietary trading courses. That's it. 

Anyone with a full name and a valid email address can join us for free and capitalize on a no cost and no obligation stock market trading education. 

To read more about why Lake Life Trading offers 100% Free Trading Education, read our ABOUT US page.

OUR FREE TRADING COURSES ARE AS FOLLOWS;

Whether you're trading stocks, etfs, options, futures or crypto, choosing the right broker for your needs is an essential part of being profitable. Ideally, you'll want to use a broker who does not participate in pay for order flow (PFOF). That's not easy to achieve in today's market, but there's a reason many brokers are free. You'll also want to make sure that whichever broker you choose offers good order fills. Beyond that, how easy it is to access your money and communication are critical. 

Psychology and mental acuteness are paramount for traders! Here we'll discuss some common pitfalls that traders experience and show you how to avoid them. 

There are several types of candlestick charts. They offer several options for how to track current and historic price action in real time. Basic candlestick charts are the most commonly used. Some others we'll touch base on include bar charts, line charts, Hiken Ashi charts, Renko charts, and tick charts. For our purposes, we prefer and primarily teach candlestick charts. They give us the most information, in the simplest fashion.

Also called "value areas," or "liquidity areas", one of the most basic parts of technical analysis is being able to determine where support and resistance levels are in multiple time frames. These are the areas on the chart where price action is most likely to reverse or continue based on location and strength.

One of the known support and/or resistance areas is at a significant moving average. For instance, the price may interact differently with a 50, 100, or 200-day moving average, compared to how the price may interact with say the 18-day moving average. We'll also talk about some popular indicators. like RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) Indicators. 

Chart patterns are usually a good indication of what price action will do in the future. You should be familiar with many patterns like double tops, double bottoms, head and shoulder (upright and inverted), channels, tweezers, flags, and others included in this trading lesson. 

Here's where we start to put all of the previous courses together and introduce you to the most important phase of trading. Once you learn these analysis tools and methods, you'll be able to look at charts and make rapid decisions about whether or not a trade fits your style. It shows you where, when, and in which direction (long or short) you might be interested in getting into a trade. This is because Technical Analysis shows you where price action has been, where it is now, and how to predict or estimate where price should go next. In short, Technical Analysis allows you to decipher and evaluate charts to make educated trading decisions.

We're committed to helping you achieve your trading goals. In this lesson, we show you how to set up your trades. Then we show you how to safely calculate trade size, when to take profits, and how to control losses.

Trading real money without a trading plan is just dumb! You might as well throw your money out a window.  You must have a Plan of Engagement or set of parameters, wherein if not met, you don't trade. Once you develop that plan, it must be adhered to in 100% of every trade that you ever take. These are Trading Rules that are set in stone. These are your trading "Rules of Engagement". Think of it as a blueprint for building your trading business, where you cannot succeed without adhering to it.  That's the truth! 

Once you have a firm grasp of all of these trading education lessons, we encourage you to put it all together and start trading fake money. We highly recommend that you start out implementing your newfound trading education and some proven trading strategies in your simulated trading account. Mastering these skills in a simulated trading environment first will not only give you confidence to take your first real trade but protect your bank! Learn what we teach you and you should be well on your way to becoming a consistently profitable trader.