Lesson 1 of 167
In Progress

Welcome to Jr High School (04:08)

video
play-rounded-fill

Video Transcript

Hello everybody and welcome to the introduction to Level III Intermediate or what we call Junior High School. So Level III Intermediate is jam packed with a ton of useful information, but really two core pillars, you could say. Pillars of your foundational structure here. We’re gonna focus heavily on two pillars.

That’s gonna be Technical Analysis and Risk Management. Understanding all the concepts in Level III will set you up for a very bright future in trading. All right. We broke this down into three little subtopics here:
Welcome to Junior High School
Who is Level III for?
What will you learn?

“Do not wait until the conditions are perfect to begin. Beginning makes the conditions perfect.”

That is a quote from Alan Cohen. We’ve used it before. We love it, and we will keep using it. Welcome to Junior High School. All right, everybody. Remember Junior High School, everybody? Remember the time when you felt a little bigger, you felt a little stronger, maybe a little wiser?

You are now the role model to every grade below you. So essentially, elementary school looked up to Junior High School just as you did when you were in elementary school. Well, now you are in Junior High School, and there will be new people that know less, they understand less, and they’re brand new.

And you’ll be able to help them. You’ll be able to lend a hand and say, “Hey, I was just there a couple of weeks ago. I was there a month ago. I was there a year ago. I know what it’s like to be in your shoes.” All right. And you know, the unfortunate part of Junior High School is, you know, it’s like the calm before the storm.

You get this peak sense of I’m on top of the world for about two years. And then, you know, you are headed into High School as a freshman. That is just the way the life cycle works. So for you to be successful in High School, you need to lay down the strongest foundation you possibly can in Junior High School, so that when you get over to high school, you are not walking in and you’re the one who’s picked on by everybody. You wanna go in with a sense of accomplishment. You wanna go in there with a foundation that you could build off of, you wanna go in there and just start crushing it from day one. And that is what Level III is designed to do. Level III is designed to get you into that head space, into the Technical Analysis mindset, and into the Risk Management know how so that you can have a bright future and you can have success.

Level III is designed to be an introduction to two of the most important concepts of all traders that we already just talked about. First, we’ll talk about Technical Analysis. Some of this information will be very basic. It’s considered TA 101, but there are some ideas, thoughts, and concepts, the type of thing that is a bit more complex.

So, you know, stay on your toes and don’t take it for granted. It’s gonna be a lot of information to go over first off, but it’s gonna be a lot of stuff to retain. All right. Now, second, we’ll discuss Risk Management. Again, Risk Management, 101. Arguably the most boring yet the most beneficial topic we’ll cover across all six levels.

All right. So strap in tight, boys and girls. It’s going to be a long ride to the top. That will wrap it up for this little part right here. We’ll come back with “Who is Level III, for”?