You are on page 1of 5

The Rational Investor's

Level 2 TraderElite Program


Further Visit To The Candy Store

Summary
This course is for those that have completed Program One of RI's School for Bitcoin Trader Development
(RISBTD). Specifically, RITE, is designed for those who already have a trading plan and are looking to add
to their knowledge base. It is a more detailed look at advanced technical analysis tools as well as trader
psychology.

Duration & Structure


The course is twelve weeks in duration (3 months). The course is the completion of our trip to The Candy
Store and is a look at more Advanced Technical Analysis tools. Aside from designated classes, students
are expected to do a fair amount of work on their own. This includes finding time to watch the online tutorial
videos and completing any course assignments. Make no mistake, you are going to work here...

How classes work


Class size will be limited to nine students and one instructor and will be conducted through Google
Hangouts. Class will meet once per week (Saturday) and will be about two hours in duration. During that
time there will be 30 minutes of homework review, 45 minutes of new material covered, 30 minutes of new
assignments and 15 minutes question & answers. Additionally, there will be open 'after-hours' tutorial
sessions throughout the week if there is demand.

Course Materials
Thankfully, all course materials needed are available on the web and free of charge. All materials for the
course have been produced by Brian Beamish and are the property of therationalinvestor.co/

Cost
Since this is a course about Bitcoin trading I thought it only appropriate to charge the fee in bitcoins.
Students have two options regarding payment. You can either use the classic method of payment (Paypal)
or you can use Bitcoins.
How Classes Work
Typical Class
This class is scheduled from 1 to 3pm every Saturday for twelve weeks. I will broadcast the classes
through Google Hangouts and post them to a private Youtube page where class members will only be able
to view.
The class is roughly two hours in duration. Sections are no more than 45 minutes with breaks in between.
Punctuality is important as each section is relevant to your learning. Having said that, because we will post
the videos on a private Youtube page, I highly encourage you to go back and watch the material until you
both understand it and can apply it.

Class format
Recent trades review (15 minutes)
trading plan, daily videos, setups, positions, trades over past week
Homework review (15 minutes)
paper trade performance
previous week's assignment
Course subject of the week (45 minutes)
topic for the week
In class assignment (30 minutes)
group task for the week
Review & homework assignment (15 minutes)

Office Hours
Please feel free to approach me and book time. Its part of the course so take advantage of it.
Day to day interaction
Since I trade and am active in the market, I am available through either Twitter or TradingView most of the
time. You are more than welcome to reach out if you have a question through the day.
One on One Tutorials
I am available for one on one tutorials (to either help you learn previously covered course material or
complete weekly assignments) most afternoons (pst). That availability can be found here: Google Calendar
Future Plans
In the future, the website will have a live room where I will simply run a Google Hangout and stream the
room on Youtube live for our general members. My hunch is, after a few cycles of this course we will have
an army of BTC traders who will all want to congregate in one place. Answering your course questions will
both help you and help new people understand how we go about trading like professionals. Its a win-win-
win all around...
Level 2 TRI's TraderElite

Curriculum

Month 1
week 1 Introduction & Material Review

week 2 Trend Lines / Horizontal S/R

week 3 Moving Averages

week 4 Gap Theory

Month 2

week 5 Volume Profile

week 6 Gann Part 1. The 50% rule & Angles

week 7 Gann Part 2. Squares/ Arcs

week 8 Point & Figure Charting

Month 3
week 9 Futures Market Structure

week 10 Commitment of Traders (CoT) Reports

week 11 The DeIacour Index

Final Exam

week 12 Program Review & Final Exam


Sample Trading Plan

Bitcoin Trading Plan


Brian Beamish
July, 2014

Strategic plan
Personal profile: Early 40's, 1 dependent, current income level meets needs
Want to take advantage of 'fear cycle' apex anticipated over next 5 years
Crypto-currencies represent growth proxy within tech and commodity space.
Growth potential into 'fear' peak appears exponential
This portfolio is also being used for demonstration purposes (Please refer to PAMM/Bittirex
trading models)

Tactical plan
Market: I am trading Bitcoins and using BTCe for my exchange
Capital outlay: My initial capital outlay is $500.00 USD & I will be fully invested on each
setup taken
Risk parameter: I can risk up to $25 (1/20th of $500) on any one given setup.
Commission considerations: I will adjust cost basis to accommodate for very high
commissions.
Risk adherence: I will reduce the size of position taken to accommodate risk parameters.
Only trades where at least 2:1 reward to risk* ratio will be considered.
Time frame reference: I trade off the 1hr & 4hr chart setups
Setups used: I trade RI's 3 day trade setups model
1. Double bottom within a double bottom 'dead-cat-bounce'
2. The BoT 'trending market'
3. OTE 'range market'
I will have open orders working at appropriate risk / profit levels once any position is
initiated.
I will commit to the plan for the next 20 trades
Once trade period is completed I will review in detail portfolio performance,
trading/execution errors made and personal adherence to my trading plan.

*risk is adjusted to take commissions into consideration


Past/Current Student Feedback

'Brian is no ordinary market mentor; his teachings are relevant and intelligent;
inspirational and transformational, and he will turn you into a confident trader. I
left the program with a much better understanding of the financial markets and a
strong foundation for the key components of a successful trading system. Thanks
to Brian, I now have a solid trading plan with risk management in place, and I
approach the market in a whole new way. But most of all, Brian cares about each
and every one of his students and worked with me every step of the way to
transform me into a confident and capable trader. I can honestly say that the
Rational Investor's trading program has helped me tremendously and has been a
fantastic experience; I highly recommend the Rational Investor School and Site
for new and even advanced traders. It was the best trading decision I've ever
made.'
Shane S.
Canada
'Before this course I was basically gambling. With Brian youre not only going to
learn how to read and chart Technical Analysis, also youll... understand how the
markets work, common mistakes and a lot of tested setups.
Another incredible tool is the 1-on-1 tutorials he offers, because you can always
ask any [questions about areas you may be in] doubt and he [will] with patience
try to help you. This is priceless. Right now Im comfortable making my own
decisions without fear, playing with custom indicators, setups and all thanks [to]
the tools I got from the course and other students. Basically this is my best
investment [I have made] since I started trading.'

Oscar C.
Venezuela
'The course taught me not only technical analysis but also lifelong lessons on how
all markets work. It paid for itself even before I completed it.'
Tim B.
United States
'To say the SBT was a brilliant experience is an understatement. Brian went above
and beyond to empower us all with the knowledge & discipline we all desperately
needed. I now have good overview of the markets; I can decipher charts & apply
sound judgment before entering a trade. I went in naive member of the herd, and I
came out an empowered battle ready professional. Thank you Brian for being a
great mentor & friend.'
Mo D.
United Kingdom

You might also like