WEA Beginner courses
These are topic based short courses. They are stand alone and are complimentary.
The WEA sets the course fee and takes payment for WEA courses. See details on the WEA website www.wea-sa.com.au
You can do a quick search on a key word or two from the course name in the search box.
By clicking enrol and then selecting another course (if you wish) your basket of courses builds. Then you can move on to the WEA checkout.
WEA COURSE DESCRIPTIONS
The courses below are on offer but do not run each year.
Bitcoin And Cryptocurrencies Explained
This course is a beginner’s guide to cryptocurrencies – what are they, what is their history, how do they work, what are their advantages, disadvantages and risks? How can I profit from cryptos? What are the benefits and pitfalls and how can I employ risk management when mining, trading or investing? Links to further quality information will be provided and there are no prerequisite requirements.
Buy and Hold Or Better
The ‘buy and hold’ strategy is often touted for share market investing. Does it work or doesn’t it? If so, when in each case, and is it possible to know ahead of time? By looking at the stock market history there are many lessons to be learned. There are many ways to view the markets and there are many strategies an investor can use. This course takes a look at a range of approaches. No prior experience required.
Crypto, Buy Sell Hold
This course is for beginners who want to learn what to do, how to do it, when to do it – and importantly – what NOT to do with crypto. There are key principles that must be followed when investing or trading crypto (or any market). There is profit potential but not everyone is consistently profitable. This session is designed to help you to make profits - or at least to minimise loses. It involves education, not advice. No prior experience necessary.
Cycle Analysis and Market Timing
Cycles are everywhere in our lives and can be used as very effective predictive tools (sunrise, tides, seasons etc). Cycles exist in financial markets. This course looks at the parameters that define cycles and their behaviour and moves on to study the work of 'master' cycle analysts. We will then investigate how to utilise cycle theory to time market entries and exits. No prior experience required.
Day Trading Stocks and Other Markets
Key market principles need to be understood and heeded to gain consistent profits in the markets. There are many intraday strategies and various of these will be investigated. A proven profitable plan is a sensible and logical requirement. The components of a plan will be explained and the process to develop one will be outlined. Practical requirements will be discussed including a computer, internet connection and broker platform. No prior experience required.
Developing a Financial Market Plan
If you don’t have a proven profitable plan in the financial markets then at best you are guessing and at worst you are gambling. You have to know exactly what you are going to do when to have the probabilities on your side to be consistently profitable. The following questions will be answered in this course: What is an ‘edge’ and why is it so important? What are the key elements of a financial market plan? How do I select a trading vehicle (shares, futures, forex, CFDs, options etc)? How do I select an entity for investment of trading? What are some approaches that could be used to develop an edge? No prior experience required.
Getting Started In Financial Markets
Interested in trading or investing but don’t know where to start? If you don’t know what information or methods are useful and you don’t know who to trust then this course is designed to be a starting point. It has broad scope and will touch on fundamentals, technical analysis, stocks, commodities, CFDs, futures, options, brokers and financial planners. You will learn about some of the traps for the inexperienced and how to avoid them. A range of educational resources will be discussed and your questions will form an important part of what is covered. No prior experience required.
Handling Rising Interest Rates
Do you know how to handle rising interest rates? If you have mortgage repayments, how much might they increase? How can you be prepared? Should you lock in a rate? If you are looking at buying property, what should you know before borrowing? Hedging strategies can bring in money to offset increased mortgage payments. Debt reduction and budgeting strategies can help mitigate the risk of financial pain, or disaster. What things can go wrong and how are you going to handle them? This course involves education, not advice.
How Do I Trade Forex?
The foreign exchange market facilitates the trading of international currencies and is the largest single market with trillions of dollars transacted per day. The following questions will be answered in this course: What is the Forex market and how does it work? How do I set up a Forex broker account? How much money do I need? How do I obtain and use a brokers trading platform? How do I place buy, sell, stop and target orders? What approach, method or ‘edge’ do I use to assist my decision making? What is computer based MT4 trading and how does it work? No prior experience required.
Leverage through Futures, CDFs and Options
Stock trading requires having and committing a lot of money for returns that are relatively low – even when you get it right. There are other markets out there and these days everyone has access to them with very little required capital (less than $500) and potential percentage returns that might surprise. The following questions will be answered in this course: What is Leverage and how does it work in Financial Markets? Is leverage dangerous? How can the risks associated with leverage be effectively managed? What are the futures market, CFD market and options market and how do they work? What is involved in trading or investing in them? No prior experience required.
Mining Bitcoin Crypto and Chia
We will take a look at Bitcoin mining via ASICs (beware the equipment scams) and GPUs as well as Ethereum as an example of mining other Cryptos. Chia plotting and farming is considered the ‘green’ alternative. It involves utilising hard drive space and is less power hungry. Although this can all be a bit technical, the material will be kept simple with road maps for each path: buy the equipment, set it up, run it and make money - possibly. We will also consider the benefits of solar electricity. This session is very much beginner level and should be seen as a starting point only.
The Psychology of Trading and Investing
The psychology of trading and investing is the most difficult aspect to master and yet to ignore it is to almost certainly guarantee your under-achievement or complete failure. The following questions will be answered in this course: Why do so many fail? How do beliefs affect us in the financial markets? How can I overcome the herd mentality? What are fear, greed, hope and regret and how can I overcome them? What do the professionals know and do? How can we minimise and overcome our psychological shortfalls? No prior experience required but please bring your brain.
Timing the Financial Markets
Cycles exist in financial markets. This course looks at cycles and their behaviour and moves on to teach you how to locate longer term cycles. We will then investigate how to utilise cycle knowledge to time investment entries and exits. If your approach is not working for you, the knowledge related to TIME contained in this course may be the KEY you are missing. No prior experience required.
Trading Systems using Technical Analysis
Step through a process to take technical analysis to an effective trading system. Through research and testing, we will develop a system and then quantify its probabilities of profit goal achievement, capital preservation and bankruptcy, as well as determine the capital needed for the system to achieve success. Prerequisite: an elementary knowledge of technical analysis with or without trading experience.
Trend Is Your Friend
The ‘trend is your friend’ is an old trading and investing adage. What exactly is trend? How is it determined? When will it change? We will investigate how to track trend with trend lines, moving averages, ‘time’ and other trend indication tools. It is important to confirm when trend has reversed. Getting in with the trend and getting out when the trend has reversed tends to maximise profits and minimise loss of paper profits. A simple trend-trading plan will be demonstrated. Charting will also be covered because it is key to establishing trend as part of ‘technical analysis’ and charting can be a vital adjunct to ‘fundamental analysis’ in financial markets. No prior experience required.
