Introductory Labs

The Introductory Labs are designed to cover basic technical analysis, trends, support/resistance, etc. The level of technical analysis shouldn’t go beyond what is discussed in the Master Trader advanced training. Intro Labs will cover order forms, order entry, and stops. These Labs will cover mainly stock trading along with basic directional option trades ONLY (long puts/calls), no spread trades should be covered by the instructor. If students start asking about spread trades, trade management strategies, or more advanced technical analysis, it is suggested for students to advance to an Intermediate Lab.

Monday (Tim Justice)

· 10:00 AM EST

· This lab is for students who may have taken 1 or 2 courses with WIA. It is still for beginners but for the group of beginners who have some knowledge base on the markets. The content will generally include the following:

o Analyzing trades by the participants in the group

o Reviewing weekly market fundamentals

o Learning how to find trading candidates

o Basic options concepts

o Covered calls

o Buying calls

o Buying puts

o Basic vertical spreads

o Risk control in your portfolio

o Order entry

Monday (Tim Justice)

· 1:00 PM EST

· Combo RE/Stock

· Very Basic Students only

o Reading the Market

o Market Guages

o Basic Technical Analysis

o Finding Stocks

o EduTrader

o Basic Option Concepts

o Daily Routine

o Goal Setting

Monday (Troy Cornelison)

· 8:00 PM EST / 10:00 PM EST

“Success is built on a strong foundation”, this lab focus on the foundation of your trading business.

In this starting lab the goal is to practice the concepts taught in the first few class, the Master Trader and Covered Calls, in a virtual trading environment. Several students take a few classes and still don’t quite feel ready to trade with real money. This lab focuses on practicing the strategies and become more comfortable with the process so that they feel better prepared to overcome this. The end goal is to get every student confident enough with their business plan and trading skill set to start trading real money.

· Business plan development

· Risk Parameters

· Order types and uses

· Chart reading

· Broad Market Analysis

· Putting together a playbook

· Pattern recognition practice

· Trade Planning

· Order Entry

· Trade Management

· Portfolio Management

· Trade Review

Tuesdays, (Frank Martin)

· 11:30 AM EST

· In this lab, we focus on the new trader. This lab is for entry level traders. This lab focuses on:

o Basic Technical Analysis

o Daily Routine

o Order Entry

o Stop Loss

o Trends

o Basic Options (Directional Calls and Puts)

o Setting Goals

o Using Edutrader

o Finding Potential Trade Candidates with Trade Seeker

o Discussing Virtual Trades

Tuesdays: (Frank Martin)

· 7:00 pm EST

· This lab is for beginning traders who have taken one or two WIA classes, primarily Master Trader and Advanced Covered Calls. This lab focuses on:

o Basic Technical Analysis

o Daily Routine

o Order Entry

o Directional Options (Calls and Puts)

o Basic Vertical Spreads

o Market setiment

o Discussing Virtual Trades

o Using Edutrader

o Finding Potential Trade Candidates with Trade Seeker

Wednesday Master Trader Lab (Noah Davidson)

· 9:00 PM EST

· Master Trader Lab

o This lab is designed to complement the master trader curriculum. Students that have completed the Master Trader course, or are currently enrolled in the course will benefit from this dynamic course supplement. Master the trading techniques learned in the master trader course as well as enhance and expand your knowledge by learning even more techniques. Master your chart reading skills through group activities and participation. Practice virtual trades in class based on Master Trader technical setups. Learn additional triggering, targeting and stop loss techniques.

· Class content will generally include the following:

o Market Overview

§ Review of weekly market conditions, fundamentals and psychology

o Show and Tell

§ Analysis and review of both virtual trades as well as closed live trades shared by group participants.

o Gauging Market Bias

o Trade Identification

§ Introduction to Advanced Technical Analysis Elliot Wave and Fibonacci

§ Practical application of MachTrader software Tools and skills

o Triggering Techniques

o Targeting Techniques

o Order Types and Bracketing Techniques

o Introduction and discussion of additional tradable instruments.

§ Introduction to Covered Calls

§ Introduction to Protective Call Writes

§ Introduction to Options Basics in Preparation for the Cash Flow Options Course

o Trade Management Techniques and Theory

§ Risk Management

§ Market and Portfolio Risk

§ Trade Adjustments

· Join us as we help nurture and cultivate the bourgeoning trader. Gain insight into the professional mindset and participate in an echo chamber of knowledge that will accelerated growth.

Wednesday (Mike Kleinhenz)

· 7:30 PM EST

o Technical analysis

o Macro-economic analysis

o Stock positions

o Basic option positions

o Basic option spreads

o Order entry

o Trade management

o Virtual trade sharring

o Credit spreads

o Debit spreads

o ...and ANYTHING else that the group collectively agrees upon!!!

Thursday (Sam Miller)

· 1:00 PM Eastern

· The lab focuses on building good habits and experience by applying the Master Trader 7 T’s.

Content generally includes:

· Weekly Market Influences – Reviewing the effects of indexes and sectors.

· Utilizing Edutrader tools and features.

· Chart analysis using the ABC’s of technical tools.

· Organizing you. Building and using routines.

· Trade identification and price patterns, including Trade Seeker.

· Order Entry (mini T’s) Techniques

o Types

o Triggers

o Targets

o Stops

· Introductory Trade management.

· Believing what you see. Market psychology behind chart patterns and other technical signals.

· Introduction to options and basic strategies.

Thursday (Tyler Craig)

· 8:30 PM Eastern

· This Trading Lab is designed for the newest students of the markets.

· This Labs Focus is on the following:

o Market Mechanics (what makes the market go round)

o Basic Market Psychology

o Introduction to Charting and Technical Analysis

§ Trend

§ Candlesticks

o Order Types and Order Entry Techniques

o Trade Identification

o Practical Application of EduTrader Software

o Stop Loss and Basic Trade Management Theory

o Learning to Gauge Your Market Bias

o Basic Options concepts

· The Instructors Goal is to provide the newest student of the market a strong foundation for the continuation of educational pursuit.

Intermediate Labs

Intermediate Labs will cover more advanced option trading. Credit and debit spreads will be discussed along with straddles/strangles, calendar spreads, etc. These Labs are to cover the material discussed at the Covered Calls and Trading P.I.T. advanced trainings. The level of technical analysis should only be a little more advanced then the Master Trader level, reversal patterns and momentum will be introduced. Basic repair and adjustment strategies can be discussed in the Intermediate Labs. If students start asking about more advanced technical setups and hedging techniques, it is suggested for students to advance to an Advanced Lab.

Sunday (Sam Miller)

· 7:00 PM EST

· Participants include those that have just progressed from the ‘Introductory Lab’ level to the experienced intermediate skill set.

· Lab bridges curriculum from primary, Master Trader & Covered Calls, to intermediate classes, Trading PIT & Advanced Technical Analysis.

· During the lab and afterwards, students interact and share ideas. A post lab forum is provided helping you to communicate with lab members during the week.

· Covering what’s important, weekly topics are shaped by lab participants.

· Utilizes Edutrader advanced analysis tools and features.

Lab Agendas are built around the following:

· Market review – weekly index, sector, and economic influences.

· Stock analysis.

· Master Trader 7 T’s.

o Members share completed trades with the lab to help build confidence.

o A virtual strategy is selected by participants and followed each lab. Aides in understanding the Master Trader 7 T’s.

· Expanding your technical analysis skills

o Real world application of primary technical charting.

o Understanding momentum and indicators.

o Trend following techniques using more than one chart.

o Gauging price movement using retracements and extensions (Fibonacci methods).

o Introduction to Elliott wave and advanced technical analysis.

o Participants share their stock pattern identification of the week.

· Options strategies range from basic through intermediate spreads. This includes the following:

o Master Trader 7 T’s applied to options.

o Option Chains (Pricing).

o What the Greeks mean and how to use them.

o Understanding and managing a strategy using an Options Risk Graph.

o Time: An options’ most important variable.

Monday (Tim Justice)

· 8:30 PM EST

· The intermediate lab is for the trader who has a basic grasp on trading concepts but needs to push into the next level. The content will be generally as follows:

o Analyzing trades by the participants in the group.

o Momentum in the charts.

o Using multiple time frames.

o Options strategies.

o Account management.

o Hedging an options spread.

o Theta positive trading.

o Implied Volatility.

o Trade management techniques.

Tuesday (Noah Davidson)

· 10:00 PM EST

· This lab is for students who have taken at a minimum 2 courses with Wealth Intelligence Academy. It is designed to compliment and accompany the curriculum taught in the Master Trader and Covered Calls and will serve as an introduction and preparation for the Advanced Technical Analysis and Trading P.I.T. courses. The bourgeoning trader will continue to expand and enhance their knowledge and skills as we strive for mastery of the curriculum through hands on instruction and group participation.

· The content will generally include the following:

o Market Overview

§ Review of weekly market conditions, fundamentals and psychology

o Show and Tell

§ Analysis and review of completed trades provided by group participants.

o Gauging Market Bias

o Trade Identification

§ Introduction to Advanced Technical Analysis Elliot Wave and Fibonacci

§ Practical application of EduTrader software Tools and skills

o Triggering Techniques

o Targeting Techniques

o Order Types and Bracketing Techniques

o Tradable Instruments

§ Intermediate Options Concepts

§ Covered calls

§ Protective Call Writes

§ Buying/Selling Call Options

§ Buying/Selling Put Options

§ Credit/Debit trades

§ Spread Trades

§ Various Combination Trades

o Trade Management Techniques and Theory

§ Risk Management

§ Market and Portfolio Risk

§ Hedging

§ Trade Adjustments

§ Introduction to Delta Adjustments and Theta Positive Trading

· The Instructors Goal is to provide the bourgeoning trader with insight into the professional mindset and provide them an echo chamber of knowledge that will help facilitate accelerated growth.

Tuesday (Donna Miller)

· 7:00 PM EST

· This is an intermediate to advanced trading lab with a focus is on technical analysis.

· Basic technical analysis-support/resistance, trend lines, channel lines, moving averages, etc.

· Advanced technical analysis-Fibonacci retracements, extensions, projections and Elliott Wave Analysis.

· The overall market is reviewed at each class on Monthly, Weekly, Daily, hourly and 10 minute charts to determine where is at and where it is likely to go based on Elliott Wave Analysis.

· Review of the S&P charts since the previous week’s call to determine what trades took place, along with the potential entries and exits based on the technicals.

· Futures trading with a focus on the S&P

Wednesday (Tyler Craig)

· 9:00 PM EST

· 10 minutes – Market overview and preview of upcoming week

· 15-20 minutes- instruction on specific trading strategies or techniques (technical analysis or options trades)

· 25-30 minutes- Q & A / open forum for students to bring up questions on specific strategies or trades.

o Top Down analysis of Indices and Sectors

o Options Pricing and Theory

o Risk Graphs

o Option Spread trades

o Greeks

o Implied Volatility

o Technical Analysis (Price pattern characteristics and technical indicators)

o Development of Trading Lab Playbook

o Review upcoming significant economic announcements

o Development of Trading Lab Playbook

Wednesday (Mitch Pendleton)

· 9:00pm EST

Each Trading Lab is unique and this one is no exception. While time will be spent each session on current market conditions, news, and fundamental and technical aspects of the broad market, this Trading Lab will focus on the core strategies taught in the Cash Flow Options course. They include:

· Call Options

· Put Options

· Protective Puts

· Covered Calls

· Protected Covered Write

· Naked Put

· Bull Put Spread

· Bear Call Spread

· LEAPS Covered Write

· Collar

· Minimal Risk Collar

· ETF's

Each week after instruction on the above strategies, time will then be allotted to review virtual trades from the previous week. Each participant will be able to share their experiences and together the group will focus on the positive and negative aspects of each trade. Notes will be taken and a Master Playbook will be developed. This class will involve work B it will build confidence and it will help further prepare the participant for the challenges of trading in our times.

Wednesday (Mike Kleinhenz)

· 9:00 PM EST

o Technical analysis

o Macro-economic analysis

o Stock positions that accompany options (such as covered calls)

o Basic option positions

o Basic option spreads

o More advanced option spreads

o Order entry

o Trade management

o Profit taking

o Trade repairs

o Mild hedging

o Virtual trade sharring

o And ANYTHING else!!!

Thursday (Tyler Craig)

· 8:30 PM Eastern

· This Trading Lab is designed for the newest students of the markets.

· This Labs Focus is on the following:

o Market Mechanics (what makes the market go round)

o Basic Market Psychology

o Introduction to Charting and Technical Analysis

§ Trend

§ Candlesticks

o Order Types and Order Entry Techniques

o Trade Identification

o Practical Application of EduTrader Software

o Stop Loss and Basic Trade Management Theory

o Learning to Gauge Your Market Bias

o Basic Options concepts

· The Instructors Goal is to provide the newest student of the market a strong foundation for the continuation of educational pursuit.

Advanced Labs

Advanced Labs will cover all and any types of trades. Usually the focus will be more on advanced options, but any tradable instrument could be discussed. The Advanced Labs will cover the material discussed at the Advanced Technical Analysis and Advanced P.I.T classes, but have no restrictions beyond that. Some Advanced Labs might be specialized towards Forex or futures trading. The level of technical analysis will be very advanced, covering Fibonacci’s, reversal patterns, and will be at the level of Advanced Technical Analysis.

Monday (Tim Justice)

· 7:00 PM EST

· The advanced lab is for those students who have been through most of the courses with WIA. It is designed to cover any topic that the group wants to discuss including the following:

o Portfolio Theory

o Account Greeks

o Theta positive trading

o Market cycles

o Advanced options spreads

o Account hedging with futures or ETF spreads

o Gamma

o Vega

o Theta

o Delta

o Individual hedging techniques

Tuesday (Tyler Craig)

· (9:30 PM EST)

· This lab is for students who have taken at a minimum 2 to 4 courses with Wealth Intelligence Academy. It is designed to compliment and accompany the curriculum taught in the Master Trader, Covered Calls, Trading P.I.T. Advanced Technical Analysis and Advanced P.I.T. courses. The adept trader will continue to expand and enhance their knowledge and skills as we strive for mastery of the curriculum through hands on instruction and group participation.