--- ## Overview This course aims to equip you with knowledge and skills on trend following trading using MES/MNQ futures contracts. The focus is on developing a strong understanding of risk management techniques and maintaining a solid risk-reward ratio. You will learn about essential concepts and tools for identifying trends, staying on the "right side" of the market, reading price action, and using key market-generated information to make informed trading decisions. The course will also emphasize the importance of treating trading as a business and implementing a disciplined approach to managing one's trading account. ### **Learning Objectives** 1. Understand the fundamental concepts of trend following trading using MES/MNQ futures contracts 2. Use Delta Lingo to understand market trends and identify profitable trading opportunities 3. Implement effective risk management techniques to minimize losses and maintain a positive risk-reward ratio 4. Identify trend and range markets and make appropriate trading decisions based on market conditions 5. Stay on the right side of the market and avoid getting caught on the wrong side 6. Use price action analysis to make informed trading decisions 7. Run their trading account like a business and implement a disciplined approach to trading # **Course Overview** #### **Resources** - [[Trading Plan Worksheet]] - [[Simple MES Stop Loss Calculator]] #### **Course** %% Begin Waypoint %% - **Module 1 - Intro to Futures** - [[1.1 Introduction to Futures]] - [[1.2 The Value of Paper Trading]] - [[1.3 Choosing a Futures Broker]] - [[1.4 Proprietary Trading Firms (”Prop Firms”)]] - **Module 2 - Intro to Delta Trend Following Trading** - [[2.1 Trading MES MNQ Contracts]] - [[2.2 What is Trend Following Trading]] - [[2.3 Delta Lingo and Common Abbreviations]] - **Module 3 - How to Build Long Term Consistency** - [[3.1 Importance of Treating Trading as a Business]] - [[3.2 The Power of a Trading Journal - Your Roadmap to Success]] - [[3.3 Implementing a Disciplined Approach to Trading]] - **Module 4 - Risk Management Techniques** - [[4.1 Importance of Risk Management]] - [[4.2 Position Sizing and Leverage]] - [[4.3 Risk-Reward Ratio]] - [[4.4 Stop Loss & Profit Targets]] - [[4.5 Strategies for Placing Stop Losses and Profit Take]] - **Module 5 - Trend vs Range Days** - [[5.1 Identifying & Trading Trend Days]] - [[5.2 Identifying & Trading Range Days]] - [[5.3 Importance of Staying on the "Right" Side of the Market]] - [[5.4 Harmonic Rotations]] %% End Waypoint %%