30-Day Trading Mastery Plan
This is a structured 30-day schedule to build a strong foundation in
trading and the stock market.
Dedicate 2-3 hours daily to maximize learning.
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Week 1: Learning the Basics
Day 1: Introduction to the Stock Market
- Learn how financial markets work (stocks, bonds, indices, etc.).
- Study market participants (retail traders, institutional investors).
- Read about key stock exchanges (NYSE, NASDAQ).
Day 2: Types of Investments
- Explore stocks, ETFs, mutual funds, options, and futures.
- Understand the difference between growth vs. value stocks and
long-term vs. short-term investing.
Day 3: Trading Platforms
- Research popular trading platforms and tools (e.g., Robinhood,
Interactive Brokers, MetaTrader).
- Open a demo account to practice trading without risk.
Day 4: Stock Market Metrics
- Learn to read financial statements (income statement, balance
sheet).
- Study key metrics: P/E ratio, earnings per share (EPS), dividend
yield.
Day 5: Technical Analysis Basics
- Understand candlestick charts and patterns.
- Learn moving averages (SMA, EMA) and support/resistance levels.
Day 6: Fundamental Analysis Basics
- Study macroeconomic indicators (GDP, unemployment, inflation).
- Learn how to analyze a company's fundamentals (revenue, growth
potential).
Day 7: Market Trends and News
- Follow financial news (Bloomberg, CNBC, MarketWatch).
- Study how global events impact markets (interest rates, political
changes).
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Week 2: Building a Strategy
Day 8: Trading Styles
- Research day trading, swing trading, and long-term investing.
- Decide on a style that matches your risk tolerance and time
commitment.
Day 9: Risk Management
- Learn position sizing and the 1% rule.
- Understand stop-loss and take-profit orders.
Day 10: Stock Screening
- Explore stock screeners (Yahoo Finance, Finviz).
- Practice filtering stocks based on criteria like market cap, P/E ratio,
and growth potential.
Day 11: Practice Trading
- Use your demo account to execute basic trades (buy/sell).
- Experiment with different order types (market, limit, stop-loss).
Day 12: Indicators and Tools
- Learn about RSI, MACD, and Bollinger Bands.
- Practice applying these indicators to stock charts.
Day 13: Creating a Trading Plan
- Define goals (short-term profits vs. long-term growth).
- Write down entry/exit criteria, risk management rules, and position
sizes.
Day 14: Review and Adjust
- Analyze your first week of demo trading.
- Identify strengths and areas for improvement.
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Week 3: Advanced Skills
Day 15: Candlestick Patterns
- Study key patterns like doji, engulfing, and hammer.
- Practice identifying patterns on historical charts.
Day 16: Advanced Technical Indicators
- Learn Fibonacci retracements and volume analysis.
- Apply these tools to your demo trading.
Day 17: Sector Analysis
- Focus on specific sectors (tech, healthcare, energy).
- Study how different sectors perform in varying economic
conditions.
Day 18: Trading Psychology
- Read about emotional control and discipline ("Trading in the Zone"
by Mark Douglas).
- Reflect on how emotions affect your decision-making.
Day 19: Options Basics
- Learn how options trading works (calls, puts).
- Understand how leverage and hedging strategies work.
Day 20: Global Markets
- Study international markets (Europe, Asia).
- Understand the impact of forex and commodities on stock markets.
Day 21: Paper Trading Challenge
- Conduct a day of focused paper trading.
- Test your strategies and analyze outcomes.
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Week 4: Real-World Application
Day 22: Refine Your Strategy
- Review your trading plan based on demo performance.
- Identify what works and what doesn't.
Day 23: Portfolio Building
- Learn diversification principles.
- Build a mock portfolio balancing risk and return.
Day 24: Real Trading (Start Small)
- Begin trading with a small amount of real money.
- Apply your learned strategies and monitor emotions.
Day 25: Journaling and Review
- Start a trading journal to log every trade.
- Include reasons for trades, outcomes, and lessons learned.
Day 26: News Analysis
- Track major financial news and its market impact.
- Practice predicting market reactions to announcements.
Day 27: Algorithmic Trading Basics
- Learn the basics of algo trading (if interested).
- Explore tools like TradingView for automated strategies.
Day 28: Advanced Options
- Dive deeper into options strategies like spreads and straddles.
- Practice with options in your demo account.
Day 29: Portfolio Optimization
- Analyze your real and mock portfolios.
- Adjust allocations based on risk tolerance and goals.
Day 30: Final Review and Next Steps
- Reflect on your 30-day journey.
- Set long-term goals for continuous improvement.
- Plan ongoing education (books, courses, or mentorship).
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