Road to Profitable

Below is a revised 60-day syllabus tailored specifically for intraday trading and options
trading, designed to take you from beginner to advanced levels. The syllabus focuses on day
trading strategies, options-specific techniques, and practical application, assuming 1–2 hours of
daily study and practice, with weekends for review and simulated trading in a demo account.
The emphasis is on stocks and options markets, as these are most relevant for intraday trading.

Basic to advance intraday and option trading

Week 1: Foundations of Intraday and Options Trading (Days 1–7)
Objective: Build a solid foundation in intraday trading and options basics.

● Day 1: Introduction to Intraday Trading
○ What is intraday trading? (Buying/selling within the same day)
○ Markets for intraday: Stocks, options
○ Risks and benefits of intraday trading
○ Reading: Investopedia on “Day Trading Basics”

● Day 2: Options Fundamentals
○ Calls and puts: Definitions, intrinsic/extrinsic value
○ Option pricing: Strike price, expiration, premium
○ Task: Study options chain on a broker platform (e.g., Thinkorswim)

● Day 3: Trading Terminology
○ Key terms: Bid/ask spread, implied volatility, delta, theta, open interest
○ Order types: Market, limit, stop-loss
○ Task: Create a glossary of 15 intraday/options terms

● Day 4: Brokers and Platforms
○ Choosing a broker for intraday/options (low fees, fast execution)
○ Platforms: Thinkorswim, Interactive Brokers, TradingView
○ Task: Open a demo account with a broker

● Day 5: Reading Candlestick Charts
○ Candlestick basics: Open, close, high, low
○ Intraday timeframes: 1-minute, 5-minute, 15-minute
○ Task: Identify candlesticks on a 5-minute chart

● Day 6: Risk Management for Intraday
○ Risk-reward ratio (minimum 1:2)
○ Position sizing: Risk 1–2% of account per trade
○ Task: Calculate position size for a $5,000 account

● Day 7: Review and Practice
○ Review Week 1 concepts
○ Practice: Place 5 demo intraday trades (stocks or options)
○ Journal: Record trade setups and outcomes

Week 2: Technical Analysis for Intraday (Days 8–14)
Objective: Master technical analysis tools for intraday trading.

● Day 8: Trend and Momentum
○ Identifying intraday trends: Uptrend, downtrend, range-bound
○ Moving averages: 9-EMA, 20-EMA for intraday
○ Task: Plot EMAs on a 5-minute chart

● Day 9: Candlestick Patterns for Intraday
○ Patterns: Doji, hammer, shooting star, engulfing
○ Task: Identify 3 patterns on a 1-minute or 5-minute chart

● Day 10: Indicators for Intraday
○ RSI (Relative Strength Index): Overbought/oversold
○ VWAP (Volume-Weighted Average Price)
○ Task: Apply RSI and VWAP to a stock chart

● Day 11: Breakout and Reversal Patterns
○ Intraday breakouts: Opening range breakouts
○ Reversals: Double tops/bottoms
○ Task: Find a breakout setup in a demo account

● Day 12: Volume Analysis
○ Importance of volume spikes in intraday trading
○ Volume indicators: Volume bars, VWAP
○ Task: Analyze volume on a 5-minute chart

● Day 13: Building an Intraday Trading Plan
○ Components: Entry/exit rules, time of day, risk management
○ Task: Draft a basic intraday trading plan

● Day 14: Review and Practice
○ Review technical analysis tools
○ Practice: Execute 10 demo intraday trades
○ Journal: Log trade performance and observations

Week 3: Options Trading Basics (Days 15–21)
Objective: Understand options mechanics and basic strategies for intraday.

● Day 15: Options Greeks
○ Delta, theta, gamma, vega: How they impact options
○ Task: Analyze greeks for an option on your demo platform

● Day 16: Buying Options for Intraday
○ Long calls and puts for directional trades
○ Task: Simulate buying a call and put in a demo account

● Day 17: Time Decay and Volatility
○ Impact of theta on intraday options
○ Implied volatility (IV) and its role
○ Task: Compare IV across 3 option contracts

● Day 18: Basic Options Strategies
○ Covered calls, cash-secured puts
○ Task: Simulate a covered call trade

● Day 19: Intraday Options Setups
○ Scalping options: Short-term momentum trades
○ Task: Identify an intraday options setup

● Day 20: News and Catalysts
○ Trading options around earnings, news events
○ Task: Monitor an earnings event’s impact on options

● Day 21: Review and Practice
○ Review options basics
○ Practice: Execute 5 demo options trades
○ Journal: Note how time decay affects trades

Week 4: Intraday Strategies and Risk Management (Days 22–28)
Objective: Develop intraday trading strategies and refine risk management.

● Day 22: Opening Range Breakout (ORB)
○ Strategy: Trading the first 30-minute range breakout
○ Task: Set up an ORB trade in a demo account

● Day 23: Scalping Strategies
○ High-frequency trades using 1-minute charts
○ Task: Practice scalping 5 trades in a demo account

● Day 24: Momentum Trading
○ Identifying momentum stocks/options
○ Strategy: Gap-and-go trades
○ Task: Simulate a momentum trade

● Day 25: Advanced Risk Management
○ Stop-loss placement for intraday volatility
○ Max daily loss limits
○ Task: Set a daily loss limit for your demo account

● Day 26: Options Scalping
○ Scalping options with high delta and low theta
○ Task: Execute an options scalping trade

● Day 27: Combining Indicators
○ Using VWAP, RSI, and moving averages together
○ Task: Backtest an intraday strategy with multiple indicators

● Day 28: Review and Practice
○ Review Week 4 strategies
○ Practice: Execute 10 demo intraday/options trades
○ Journal: Analyze strategy performance

Week 5: Advanced Intraday Technicals (Days 29–35)
Objective: Master advanced technical tools for intraday trading.

● Day 29: Advanced Indicators
○ Bollinger Bands for volatility squeezes
○ Task: Apply Bollinger Bands to a 5-minute chart

● Day 30: Level II and Tape Reading
○ Understanding Level II market data
○ Reading the tape for order flow
○ Task: Observe Level II data on a stock

● Day 31: Fibonacci for Intraday
○ Using Fibonacci retracement for pullbacks
○ Task: Apply Fibonacci to an intraday chart

● Day 32: Relative Volume
○ Identifying high relative volume stocks
○ Task: Screen for high-volume stocks using a scanner

● Day 33: Divergence Trading
○ Spotting RSI/MACD divergences in intraday charts
○ Task: Find a divergence setup in a demo account

● Day 34: Backtesting Intraday Strategies
○ Manual backtesting for intraday setups
○ Task: Backtest an ORB strategy for 20 trades

● Day 35: Review and Practice
○ Review advanced technicals
○ Practice: Execute 10 demo trades with advanced setups
○ Journal: Evaluate trade accuracy

Week 6: Advanced Options Strategies (Days 36–42)
Objective: Learn advanced options strategies for intraday trading.

● Day 36: Spreads for Intraday
○ Vertical spreads: Bull call, bear put
○ Task: Simulate a vertical spread trade

● Day 37: Straddles and Strangles
○ Trading volatility with straddles/strangles
○ Task: Set up a straddle for an earnings event

● Day 38: Iron Condors
○ Neutral options strategy for range-bound markets
○ Task: Simulate an iron condor trade

● Day 39: Hedging with Options
○ Using puts to hedge intraday stock positions
○ Task: Practice a hedging strategy

● Day 40: Trading Psychology
○ Managing fear, greed, and overtrading in intraday
○ Task: Create a psychology checklist

● Day 41: Options Order Flow
○ Reading options flow data for intraday signals
○ Task: Analyze options flow on a platform like Cheddar Flow

● Day 42: Review and Practice
○ Review advanced options strategies
○ Practice: Execute 10 demo options trades
○ Journal: Reflect on emotional discipline

Week 7: Live Trading Prep and Portfolio Management (Days 43–49)
Objective: Prepare for live intraday/options trading and manage risk.

● Day 43: Intraday Portfolio Management
○ Limiting exposure: Max trades per day
○ Task: Design a daily trading limit plan

● Day 44: Performance Metrics
○ Tracking win rate, average gain/loss, max drawdown
○ Task: Calculate metrics for demo trades

● Day 45: Advanced Risk Management
○ Scaling position sizes based on volatility
○ Task: Adjust position sizes for 3 trades

● Day 46: Trading Journal Optimization
○ Detailed journal: Entry/exit, indicators, emotions
○ Task: Update your journal with metrics

● Day 47: Tax and Costs
○ Understanding commissions, slippage, and taxes
○ Task: Research intraday trading tax rules

● Day 48: Preparing for Live Trading
○ Starting small: Micro-options, small share sizes
○ Task: Plan your first live intraday trade

● Day 49: Review and Practice
○ Review portfolio and risk management
○ Practice: Finalize 10 demo trades
○ Journal: Create a live trading checklist

Week 8: Live Trading and Refinement (Days 50–56)
Objective: Begin live trading and refine intraday/options skills.

● Day 50: First Live Trade
○ Execute a small live intraday trade (stock or option)
○ Task: Journal the trade experience

● Day 51: Analyzing Live Trades
○ Review live trade performance
○ Task: Compare live vs. demo outcomes

● Day 52: Scaling Up
○ Gradually increasing position sizes
○ Task: Plan a scaled-up live trade

● Day 53: Adapting to Market Conditions
○ Trading high vs. low volatility sessions
○ Task: Adjust a strategy for current market

● Day 54: Advanced Options Flow
○ Using options flow for intraday edge
○ Task: Execute a trade based on flow data

● Day 55: Continuous Learning
○ Following intraday/options traders on X
○ Task: Engage with a trading post on X

● Day 56: Review and Practice
○ Review live trading performance
○ Practice: Execute 5 live trades
○ Journal: Document lessons learned

Week 9: Mastery and Specialization (Days 57–60)
Objective: Specialize in intraday/options and plan for long-term success.

● Day 57: Choosing a Focus
○ Specialize in stocks or options for intraday
○ Task: Define your trading niche

● Day 58: Building a Master Strategy
○ Combining intraday setups and options strategies
○ Task: Create a master trading plan

● Day 59: Trading Community
○ Joining intraday/options communities on X or Discord
○ Task: Participate in a trading discussion

● Day 60: Final Review and Next Steps
○ Review 60-day progress
○ Set goals for the next 3–6 months
○ Task: Commit to a long-term trading plan

Resources
● Books:
○ “Options as a Strategic Investment” by Lawrence McMillan
○ “Day Trading and Swing Trading the Stock Market” by Kathy Lien
● Websites: Investopedia, Barchart, TradingView
● Tools: Demo accounts (Thinkorswim, Interactive Brokers), options flow tools
Tips for Success
● Use a demo account extensively before live trading.
● Keep a detailed trading journal to track setups and emotions.
● Stick to strict risk management (1–2% risk per trade).
● Monitor X for intraday trading tips, but verify signals

FEE Structure:

Course – Road to Profitable

Duration– 3 Months

Course Fees – Rs– 35,000/- Only