Trading Theories Explained

Learn the big theories behind how a market develops and the stages it moves through.
Phillip Konchar

If candlestick analysis is the ABCs of technical analysis and price patterns are the sentences, then trading theories are the chapters. No aspiring trend following trader should approach the markets without first understanding how participant psychology drives the big stages all markets move through.

What you'll learn
  • That 70% of price moves happen in only 20% of the time
  • How and why markets move through stages
  • How to use simple technical analysis techniques to identify the stage
  • Dow theory
  • Elliot wave theory
  • The four market stages theory
What students say about our courses:

Who teaches this course

Phillip Konchar authored the course. He is an expert in technical analysis and its application in margin trading. 

He is Head Tutor at My Trading Skills, for over a decade and a half he has provided trading education for major brokerages and prop trading houses in London and Dublin.

We (My Trading Skills) are an award-winning, CPD accredited provider of online education for individuals wanting to learn about the financial markets, private trading, and how to start doing it themselves using their own capital. Our courses have helped 1,000s of people approach trading in a rational, balanced manner.

How to take the course
The course is online and on-demand, available on both desktop and mobile, so you can study at your own pace anytime and anywhere. Process through the video lessons, practice tasks and test how much you have learned with the knowledge check.
Who this course is for
  • New traders
  • Competent traders wanting a refresh
Prerequisites
None.
Time to complete
The course is split into two parts – theory and practical – each part will take about an hour to complete.
Not Enrolled

Course Includes

  • 15 years instructor experience
  • 2 hours to complete
  • 7 on-demand lessons
  • Expert support
  • Full lifetime access
  • Access on mobile & desktop
  • Certificate of completion

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