1) Fundamental Analysis:

Introduction to Fundamental Analysis:

Definition and Objectives of fundamental analysis
Differentiating between fundamental analysis and technical analysis
Evaluating the intrinsic value of an asset

Valuation Ratios:
Price-Earnings (P/E) Ratio
Price-to-Sales (P/S) Ratio
Price-to-Book (P/B) Ratio

Profitability Ratios:
Gross Profit Margin
Net Profit Margin
Return on Equity (ROE)
Return on Assets (ROA)

Liquidity Ratios
Current Ratio
Quick Ratio
Cash Ratio

Growth Ratios
Revenue Growth
Earnings Per Share (EPS) Growth
Return on Investment (ROI)

Basics of Financial Statements

● Balance Sheet
● Income Statement
● Cash flow Statement
​ Key Financial Ratios and their interpretation
​ Understanding Earnings Reports (EPS, Revenue, Profit, etc.)
​ Role of Annual Reports in Investment Decision-making
​ Frequency of filing reports
​ Importance of Con-calls
2) Technical Analysis:

Introduction to Technical Analysis:

Definition and purpose of technical analysis
Key differences between technical analysis and fundamental analysis
Advantages and limitations of technical analysis

Dow Theory:
Basic principles of Dow Theory
Understanding primary trends, secondary trends, and minor trends

Support and Resistance:

Definition and significance of support and resistance levels
Drawing support and resistance lines on charts
Trading techniques using support and resistance levels

Introduction to Candlestick Charts:

Historical background and significance of candlestick analysis
Understanding the basics of candlestick charts
Components of a candlestick (body, wicks, colors)

Trendlines:
Drawing trendlines to identify and confirm trends
Using trendlines for support and resistance
Trendline breaks and their significance

Volume Analysis:
Importance of volumes in technical analysis
Understanding volume indicators (e.g.: on-balance volume, volume moving average)
Analysing volume patterns to validate price movements
Triple candlestick patterns

3) Advanced Technical Analysis

Candlestick Patterns:
Introduction to candlestick charts
Common candlestick patterns (e.g.: doji, engulfing, hammer)
Interpreting candlestick patterns for trend reversal and continuation signals

Single Candlestick Patterns:

Common single candlestick patterns (e.g.: doji, hammer, shooting star)
Interpretation and analysis of single candlestick patterns
Real-life examples and case studies of single candlestick patterns

Reversal Candlestick Patterns:

Bullish reversal patterns (e.g.: engulfing, piercing line, morning star)
Bearish reversal patterns (e.g.: dark cloud cover, evening star, bearish engulfing)
Trading strategies based on reversal candlestick patterns

Continuation Candlestick Patterns:

Bullish continuation patterns (e.g.: rising three methods, bullish flag, bullish pennant)
Bearish continuation patterns (e.g.: falling three methods, bearish flag, bearish pennant)
Identifying and trading continuation candlestick patterns

Multiple Candlestick Patterns:

Bullish and bearish two-candlestick patterns (e.g.: bullish/bearish harami, bullish/bearish
engulfing)
Three-candlestick patterns (e.g.: morning star, evening star, three black crows)
Advanced multiple candlestick pattern analysis and interpretation

Chart Patterns:
Introduction to chart patterns (e.g.: head and shoulders, double tops/bottoms, triangles)
Identifying and interpreting chart patterns
Trading strategies based on chart patterns

Advanced Chart Patterns:

Complex chart patterns (e.g.: cup and handle, ascending/descending triangles)
Multiple timeframe analysis for pattern confirmation
Trading strategies specific to advanced chart patterns

Moving Averages:
Introduction to moving averages and their types (e.g.: simple, exponential)
Using moving averages for trend identification and confirmation
Trading strategies with moving averages (e.g.: moving average crossovers)
All things indicators: RSI, EMA, VWAP, MACD & more

4) Fundamental Analysis: (recap)

Prashanth Sekhar

Chapter description

Introduction to Fundamental Analysis:

Definition and Objectives of fundamental analysis
Differentiating between fundamental analysis and technical analysis
Evaluating the intrinsic value of an asset

Valuation Ratios:
Price-Earnings (P/E) Ratio
Price-to-Sales (P/S) Ratio
Price-to-Book (P/B) Ratio

Profitability Ratios:
Gross Profit Margin
Net Profit Margin
Return on Equity (ROE)
Return on Assets (ROA)

Liquidity Ratios
Current Ratio
Quick Ratio
Cash Ratio

Growth Ratios
Revenue Growth
Earnings Per Share (EPS) Growth
Return on Investment (ROI)
5) Master Technical Trading Strategies

Recap of technical screeners:

Quick review of the purpose of a technical screener.
Importance of using screeners in trading strategies.
Identifying key technical indicators for screening.
Setting up filters based on price, volume, and other relevant metrics.
Demonstrating how to use a technical screener with live examples.
Analyzing results and adjusting filters based on market conditions.

VWAP & EMA Deep Dive:

Revisiting the concept of Volume Weighted Average Price (VWAP).
Understanding its role in intraday trading.
Exploring the characteristics of Exponential Moving Averages (EMA).
Comparing EMA with other moving averages.

VWAP Based 2 Candle Theory:

Introducing the VWAP-based 2 candle theory.
Understanding the significance of the two candlesticks.
Analyzing charts with real-world examples. Identifying potential trading opportunities using
the 2 candle theory.

EMA Based Short Swing Strategy Strategy:

Outlining the elements of the EMA-based short swing strategy.
Discussing risk mitigation strategies in swing trading.
Determining the ideal timeframes for swing trading.
Setting stop-loss orders and profit targets.

Entry & Exit Rules:

Discussing confirmation factors for entering a trade.
Defining clear entry signals based on technical indicators.
Identifying signals for potential exits. Discussing scenarios for taking profits or cutting losses.

Positional Sizing Using Liquide's Calculator Tool:

Emphasizing the role of proper position sizing in risk management.
Discussing the impact on overall portfolio performance.
Walking through a positional sizing calculator.
Using real examples to illustrate how position size is determined.

Case Studies from Liquide:

Understanding the key thesis behind Liquide's trading and stock picks

6) Basics of derivatives trading

Chapter description

Understanding Derivatives:
Options
Futures
Forward
Swap

Introduction to Options:
Definition and basic characteristics of options
What are call and put options?
Components of options
What is moneyness (in-the-money, out-of-the-money, at-the-money)
What is intrinsic value and time value?

Understanding Open Interest

What is open interest?
Difference between volume and open interest

What is Option Chain?

Basics of option chain
Option chain analysis
How to find support and resistance using option chain

PCR and its relevance

What is PCR and how to calculate it?
PCR vs true PCR
7) Derivative Trading - Advanced
​
​ Option Pricing and Greeks:
​
● Introduction to the option pricing model (e.g.: Black-Scholes model)
● Concept of option premium and intrinsic value
● Explaining option Greeks (Delta, Gamma, Theta, Vega, Rho) and their significance
​
​ Option Strategies:
​
● Basic option strategies (e.g.: long call, long put, covered call, protective put)
● Combining options with underlying assets (e.g.: straddle, strangle, butterfly,
collar)
● Risk-reward profiles and profit/loss calculations for various strategies
​
​ Option Greeks and Sensitivity Analysis:
​
● Advanced analysis of option Greeks and their interrelationships
● Sensitivity analysis and stress testing of option positions
● Dynamic hedging techniques and risk management using Greeks
​
​ Option Spreads:
​
● Introduction to option spreads (e.g.: vertical spreads, horizontal spreads,
diagonal spreads)
● Analysing risk and reward characteristics of different spread strategies
● Trading strategies with option spreads for income generation and risk control
​
​ Option Position Management and Adjustments:
​
● Advanced techniques for managing option positions
● Rolling options and adjusting strike prices and expirations
● Repair strategies for managing losing option positions
●
8) Option Strategies
Long Call, Long Put:
● Understanding Calls and Puts: Basics and Terminology
● When to use a Long Call and Long Put strategy
● Potential Profit and Loss Scenarios, Risk and Reward Considerations
● Calculating Break-Even Point for Long Call and Long Put
● Real-world Examples and Case Studies
​ Covered Call:
● Concept of a Covered Call Strategy
● When to Implement a Covered Call
● Potential Profit and Loss Scenarios
● Calculating Break-Even Point for Covered Call
● Using Covered Calls for Income Generation
● Real-world Examples and Case Studies
​ Bull Call Spread, Bear Call Spread
● Understanding Vertical Spreads
● When to Implement a Bull Call Spread and Bear Call Spread
● Potential Profit and Loss Scenarios
● Calculating Break-Even Points for Bull Call and Bear Call Spreads
● Risk and Reward Considerations
● Real-world Examples and Case Studies
​ Long Straddle:
● Understanding Straddles and Strangles
● When to implement a Long Straddle
● Potential Profit and Loss Scenarios
● Calculating Break-Even Points for Long Straddle
● Using Long Straddles for Volatility
​ Long Strangle:
● When to implement a Long Strangle
● Potential Profit and Loss Scenarios
● Calculating Break-Even Points for Long Strangle
● Using Long Strangles for High Volatility
● Real-world Examples and Case Studies
​ Butterfly/Iron Condor:
● When to implement a Butterfly/Iron Condor
● Potential Profit and Loss Scenarios
● Calculating Break-Even Points for Long Strangle
 ● Using Long Strangles for High Volatility
● Real-world Examples and Case Studies
​ Advanced Risk Management Techniques:
● Portfolio-level risk management using options
● VaR (Value at Risk) analysis and stress testing
● Implementing advanced option strategies for risk mitigation

9) Understanding Company Reports

​ Basics of Financial Statements
● Balance Sheet
● Income Statement
● Cash flow Statement
​ Key Financial Ratios and their interpretation
​ Understanding Earnings Reports (EPS, Revenue, Profit, etc.)
​ Role of Annual Reports in Investment Decision-making
​ Frequency of filing reports
​ Importance of Con-calls

10) Macro analysis and Correlation with

Markets

​ Understanding macro-economic indicators (GDP, GVA, Interest Rates, Inflation.)

​ Impact of Monetary and Fiscal Policy on Stock Markets
​ Index of Industrial Production
​ Currency Movements and their Impact on Markets
​ Role of Geopolitical Events on Global Markets
​ Commodity Price Movements and their interrelation with Stock Market
​ Understanding Business Cycles and their impact on Stock Markets
​ Correlation of macro-economics with Indian Governance
11) Building a Portfolio – Hedging and
Alternate Assets
​ Basics of Portfolio Diversification
​ Understanding Asset Classes
​ Role of Asset Allocation in Wealth Management
​ Risk Management and Hedging Strategies
​ Investing in Alternate Assets
​ Using Derivatives for Hedging (Options, Futures)
​ Benefits and Drawbacks of Exchange-Traded Funds (ETFs) and Mutual Funds
​ Return Expectations

12) Tax Savings with Clear Tax

​ Tax Regimes
​ Residency Rules
​ Tax Implications of Stock Market Investments (Capital Gains Tax, Dividend Tax, etc.)
​ Utilizing Tax-advantaged Investment Accounts
​ Strategies for tax-efficient investing
​ Understanding Tax Harvesting
​ Impact of Tax Laws on Investment Strategy
​ Tax considerations for international investing

13) Advanced Concepts – Indicators that

make money
​ Arbitrage Trading
​ Currency Fluctuations
​ Elliot Wave Trading
​ High Frequency Trades