UNIT 4—Practice Trading Tapes and Practical Market Experience. Knowledge by itself is valuable, but its greatest value is realized when it can be applied. The six tapes and six months of current market information provided in this unit help the student formulate a regular routine of market study. The tapes are filled with step by step instructions on how to approach actual market operations as well as many tips on what to do and what not to do. No fundsshould be committed to actual trades until the results in this unit justify it. Tuition $265, |. Introduction to Practice Trading 2. Proper trading procedures ‘A. Do you need practice trading? B. The proper approach to practice trading ©. The principle purposes of practice trading Learning to wait for the proper time tice Trading in a Trading Range The pros and cons Timing is everything Knowing when to change sides Working with options UI, Practice Trading in Up & Down Trends A. Trend vs. Position B. Practice trading procedures for up trends 1. The best times to buy V. Practice Trading with Stops & Objectives 2. How to take a position ‘A. Limiting fear and greed C. Practice trading procedures for down trends B. Using stops 1. Reviewing basic ideas, 1. Proper placement 2. Knowing when & how to sell short 2. Bkinful repositioning Ill, Practice Trading at Primary Buying & Selling Opportunities, 3. Making profit/risk ratios work for you ‘A. What every investor should know C. The need for objectives B. Primary buying opportunities 1. Controlling greed > thal ava thopt 2. How much profit is enough 2. How should they be traded? 3. Establishing objectives ©. Primary selling opportunities 1. Identification com>zo VI. Practice Trading Exercises UNIT 5—SMI Advanced Testing Program. The student who has successfully completed the first four units of the course should be read to begin trading There is a way to make sure, however. It is with this fifth and final unit. Contained in this section of the course are 37 advanced tests to be taken following a review of the lessons in Units 2 and 3. Any point overlooked, or not fully understood, could become a serious problem when trading. This review will help catch those problems before they develop. Tuition $35. Coaching & Consultation. Additional help on problem areas is as near as the phone or your mailbox. Ask questions. Seek clarifications Leave no stone unturned in your quest for total understanding. We will help you every step of the way.