Putting it together: size, gaps, brokers and your plan

Put a dollar figure on your risk, learn what can go wrong while the market is closed, see how shorting and brokers work in Australia, and read a full Tickfloor trade plan from top to bottom.

Module 23 of 26, in the stage "Your plan". 7 lessons.

Lessons

1. Sizing a trade in Australian dollarsSize a trade for three different account balances using the same risk rule, and compare the results. 13 min.
2. Gaps: what happens while the market sleepsUnderstand what can happen to an open trade while its market is closed. 13 min.
3. How short selling works, and what it costs to holdSee what really happens when you open a short, and why it isn’t free to hold. 14 min.
4. Choosing a broker in Australia (general information)Compare CHESS-sponsored and custodial brokers and what each one trades off. This is general information, not a recommendation of any broker. 14 min.
5. Reading a Tickfloor trade plan from top to bottomGo through every line of a trade plan and link each one back to something this course has taught. 15 min.
6. Buying US shares from AustraliaList what changes when you trade US-listed shares: currency, custody, tax forms, hours, settlement and costs. 16 min.
7. Reading a Tickfloor research archive entryGo through a Tickfloor research archive entry and separate what was tested, and against what, from description. 16 min.

Concepts covered

• Position sizing

Keep going

• Previous module: Reading a chart
• Next module: Your own plan and journal
• All 26 modules and 157 lessons
• Open the first lesson in the course

General information only. It doesn't consider your objectives, finances or needs. Tickfloor holds no financial services licence and never places trades.