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Trading Roadmap

The document outlines a comprehensive trading roadmap for beginners to advanced traders, structured in six phases over 3-6 months. It covers foundational concepts, technical and fundamental analysis, trading psychology, risk management, strategy building, and real trading practices. Additionally, it emphasizes the importance of skills like Excel, English reading, and discipline for long-term success in trading.

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thalapathyvenkat4533
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413 views3 pages

Trading Roadmap

The document outlines a comprehensive trading roadmap for beginners to advanced traders, structured in six phases over 3-6 months. It covers foundational concepts, technical and fundamental analysis, trading psychology, risk management, strategy building, and real trading practices. Additionally, it emphasizes the importance of skills like Excel, English reading, and discipline for long-term success in trading.

Uploaded by

thalapathyvenkat4533
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Trading Roadmap (Beginner to Advanced)

Phase 1: Foundation (Week 1-2)

Goal: Understand basics of the stock market and trading types.

- What is trading? (Stock, Forex, Crypto, Commodity)

- Difference: Trading vs. Investing

- Market Participants (retail, institutions)

- Types of Trading:

- Intraday

- Swing

- Scalping

- Positional

Resources:

- YouTube: "Stock Market for Beginners" (channels: Pranjal Kamra, Neeraj Joshi, Groww)

- Book: "The Basics of Stocks" by J.L. Lord

Phase 2: Technical Analysis (Week 3-6)

Goal: Learn to read charts, patterns, indicators.

- Chart types: Line, Bar, Candlestick

- Timeframes: 1min, 5min, Daily, Weekly

- Support & Resistance

- Chart patterns: Head & Shoulders, Triangle, Double Top/Bottom

- Indicators:

- RSI

- MACD

- Moving Averages (SMA, EMA)

- Bollinger Bands

- Volume Analysis

Tools:

- TradingView (free charting tool)


Trading Roadmap (Beginner to Advanced)

- Zerodha/Upstox Demo Account

Phase 3: Fundamental Analysis (Week 7-8)

Goal: Understand how to analyze company fundamentals (for long-term trades).

- Balance Sheet

- Profit & Loss

- PE Ratio, ROE, Debt to Equity

- Earnings Reports

Bonus: Learn about news impact (e.g. RBI announcements, US Fed decisions).

Phase 4: Trading Psychology & Risk Management (Week 9-10)

Goal: Control emotions, manage risks.

- Position Sizing

- Stop Loss & Take Profit

- Risk:Reward Ratio (Ideal 1:2+)

- Avoiding FOMO, Overtrading

- Journaling trades

Book:

- Trading in the Zone - Mark Douglas

Phase 5: Practice & Strategy Building (Week 11-14)

Goal: Apply knowledge using a strategy.

- Backtest strategies

- Try Paper Trading (virtual money)

- Build 1-2 working strategies (Ex: RSI + MACD strategy)

- Track performance weekly


Trading Roadmap (Beginner to Advanced)

Platform for Paper Trading:

- TradingView (paper trade feature)

- Sensibull (for options practice)

Phase 6: Real Trading (Month 4 onwards)

Goal: Start small, learn from real market.

- Open Demat account (Zerodha, Upstox, Angel One)

- Start with Rs.500-Rs.1,000 trades

- Review daily performance

- Stick to your risk rules

Skills to Build Alongside

Skill | Why It's Important

------------------------|--------------------

Excel/Google Sheets | Track trades, create strategy sheets

English Reading | To understand financial news, books

News & Event Reading | Track market-moving events

Patience & Discipline | Crucial for long-term success

Timeline

Total Timeline: 3-6 Months (for strong foundation)

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