Legacy Training

Legacy Training Courses

4 Modules 25 Chapters 104 Lessons

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Course Structure

8 Chapters

Legacy - Swing Trading 2018

While this is the older of the two legacy swing trading - this is, in my humble opinion, the better of the two. Includes - Option Trading Soup to Nuts

Swing - Module 8 1 Lesson

Chapter 8 Session 2 v1 - Conditional Order Triggers

On this video you will learn how to add conditional triggers to your order. This is especially useful as it means that the stock typically needs to move favourably first before an order goes live in the market.

Most brokers allow setting this type of order outside of regular market hours making this a valuable tool that can be used any time that is convenient for you to trade any time during a regular day.

8 Chapters

Legacy - Gap & Day Trading 2019

A excellent begininers guide to day trading stocks

Gap Profits - Module 1 - Be the Master of the Universe 3 Lessons


Welcome to the AntVestor Day Trading Program

Lesson 1 - Master Of The Universe

  • Creating a stock universe
    • Not all stocks are created equally 
    • Penny stocks junk
      • Often Illiquid
      • Prone to halts
    • Looking for something that moves regularly
      • Or at least has the potential to move
    • Liquid.
      • Can get in and out at prices I want without slippage or stock halts
    • Easy to find something every day.
    • Filter out the worst stocks before you get started.
    • Do the stocks have options?
      • Get a list from Options exchange.
    • Are the stocks liquid?
      • >1 million shares traded on average.
    • Do the stocks move proportionally greater than the main S&P500 index?
      • The best kept secret that comes as standard
      • Beta weighting >1.5
    • Visually - clean chart / messy chart
      • Manually running through them all one time is beneficial if you have time.
      • Pull them off your list as you spot a donkey.

Lesson 2 - Download List

    • This is now the Universe of stocks you are interested in.
    • This should be approximately 500 stocks 
      • You’ll not need to make it larger.
    • If you want to make it smaller.
      • Increase volume average

Gap Profits - Module 2 - Find Stocks To Trade Every Day 5 Lessons

Lesson 1 - Intro to Gaps & Gaps conditions

    • Now that you have your universe of stocks. This is the well striping you will draw from daily.
    • Next we look at a list of daily conditions which can be mechanically scanned for to find the best stocks.
  • The 3 times of day to find jumping jack stocks.
    • Pre market scan 
      • Gapping stocks
      • Filter with premarket volume >500k
    • Post market scan
      • After market activity in the same way finds tomorrows jumpers
    • Market open scan
      • Find the actual stocks gapping
  • Why look for gaps?
    • There has been a significant shift in supply and demand
    • Use trading pits analogy 
      • Find stock footage

Lesson 2 - Finding Gaps - step-by-step

  • The 3 times of day to find jumping jack stocks.
    • Pre market scan 
      • Gapping stocks
      • Filter with premarket volume >500k
    • Post market scan
      • After market activity in the same way finds tomorrows jumpers
    • Market open scan
      • Find the actual stocks gapping
  • Why look for gaps?
    • There has been a significant shift in supply and demand
    • Use trading pits analogy 
      • Find stock footage

Lesson 3 - Filtering The Gapping Stocks

Scanning the Gapping stocks for even more higher probability opportunities.

Lesson 4 - Pre-Market Scan

Scanning pre-market for fast moving stocks

  • Pre market scan 
    • Gapping stocks
    • Filter with premarket volume >500k
    • jumping past S/R levels

Lesson 5 – Tools to use for scanning

A list of tools that can be used to scan for stock from the low end online to the high end all singing and dancing software

Gap Profits - Module 3 - The entry Pattern set Ups 4 Lessons

Lesson 1 - The Process

    • Lets get into the nitty gritty
    • This module covers the set up criteria.
  • Criteria
    • Gap Stock found from the previous scan.
    • Gap. >1.5% / 2%
      • Visual Inspection
      • Gap past previous days highs/lows
      • Gap past support/resistance.

Lesson 2 - Entry Patterns

  • The 3R’s which keeps you selecting the right set ups at the right time, every time.
    • 3R’s has nothing to do with pirates, although it will lead you to stock market treasures as if X did mark the spot.
    • Run - Retrace - Retest
      • Big spike. IB.
      • Big spike. Retrace (partially/fully into the gap). Continuation spike (retest)
      • Run. IB.
  • Times Frames
    • 10 min - 30 min - 60 min set ups.

Lesson 3 – Trade Examples

This lesson shows trade examples of before and after shorts for the trade so you can see exactly what I'm looking for on a daily basis.

I plan for this to be a trade repository and will be adding to these examples regularly.

Lesson 4 - Using pre-market price action

On this lesson, we will look at using pre-market trading to help evaluate good trading opportunities and gaps to potentially avoid.

Gap Profits - Module 4 - Additional Skills & Swings 3 Lessons

Lesson 1 - The Trend Is Your Friend

  • The Trend Is Your Friend
    • Trade the gap or fade the gap?
  • The secrets of Trade it, Fade it, Evade it.
    • Gaps in trends - tend to run
    • Gaps in ranges - tend to reverse
    • Exceptions to every rule

Lesson 2 - Leg Into Multi-day Moves

  • Potential bag big multi day moves in trends
    • Determine trending conditions 
    • Gap ‘n Run opportunity to hold overnight and turn into a short term swing trade
    • Gap trades closing on or near their respective highs/low of the day are likely to continue onwards.
      • eg - gap down - trade on - close near low - potential to continue tomorrow.
      • eg - gap up - trade on - close near high - potential to continue tomorrow.

Lesson 3 - Shhh It's A Secret

  • A quick way to speed up or slow down 
    • Increase time frames
    • Decease time frames
    • Think of this like changing gears. 
      • The higher the time frame the slower the set ups develop.
      • The lower the time frame the faster the set ups develop.
    • It sounds obvious because it is obvious but most people do not realise this.
      • Especially when you are new
    • Which one is best?
      • Determine which is best for you and your circumstances.
      • If you continually miss set ups on a 10 minute chart, move up to a 30 min chart as your lowest entry  time frame
      • Shhhh Its a secret
        • If intraday trading is just not at all possible due to your current circumstances
        • The patterns here also work on daily charts.
        • This suit of patterns are also used in the swing trade stocks course and alert service.
        • The point here is to find a time frame that makes most sense for you based on your circumstances.

Gap Profits - Module 5 - In Trade Management 3 Lessons

Lesson 1 – Intro & Best practices

    • Never enter a trade half cocked.
      • Just like the origins of the saying it was to protect against a misfire. In trading, you will only ever pull the trigger when everything is primed and ready.
      • This is why there is a production line setup in place. It is only when you have everything in order checked off that the trade then goes on.
    • Kill your market order additiction.
      • Discover why a market order is the worst thing you can do practically and emotionally.
      • Place the trade the right way every time with stop entry orders.
      • Don’t worry about the extra penny you could have gotten with a market order.
      • This way price needs to move favourably BEFORE your position goes live.
      • It means you can set the order and go do something else.
    • Basically NEVER USE market orders to open a position.
      • Exception to the rule is IF and only IF price is at your entry trigger now.
        • This will be a rare occurrence.

Lesson 2 – Stocks – Options – Spreadbetting – CFD’s?

  • Stocks - Spreadbetting - CFD’s
    • The entry process is exactly the same for each of these “vehicles” which is the fancy way of say “way to place the trade”
    • Determine the entry price (explained during the pattern set ups. Phase)
    • Use a stop entry order type
      • Buy stop entry for long positions. This is a trade that will benefit if the stock rises in value.
      • Sell stop entry for short positions. This is a trade that will benefit from a downward movement in the stock price.
    • You can and should also attach a conditional order to the entry for risk management.
      • To confuse things this is commonly referred to as a stop loss order. Which also uses the stop order type.
      • This will allow the position to be closed if the trade idea doesn’t work out and exit the position when the stop loss level is reached.
      • Obviously, this means you don’t need to screen watch and simply “check in” on your positions.
      • I want to be managing profits and certainly not baby sitting underperforming positions. They will take care of themselves.

Lesson 3 – Stock Options

  • Stock Options
    • If they are new to you the best way to think of stock options is like a deposit. 
    • You are not buying or selling short stock. But reserve the right to buy or sell.
      • Just like a deposit in the real world.
    • My default options set up is to buy 1 strike out the money (OTM)
      • Whether you are bullish or bearish on your trade idea the way to place the trade will ALWAYS be to buy an option.
        • Buying call = bullish and benefits if the stock rises in price.
        • Buying puts = bearish and benefits if the stock falls in price.
    • Commonly I use a limit entry order and use the current mid price.
      • The spreads can be a lot wider than stock so this is important to do to ensure the best possible prices.
    • Advanced
      • Conditional if then orders can be used in the way as described with trading stocks although it does require a few more steps and it is not always a choice depending on the broker you use.
      • Using a condition of the stock price needs to trigger the option order.
      • Eg. Stock price to go through the entry price. THEN send option order.
      • If this is way too much for you then a simpler solution would require you to set an alert and then manually go back to the stock to place the option order.
        • As such this would require a little more available time to have the flexibility to use this more manual process.

Gap Profits - Module 6 - In trade management 4 Lessons

Lesson 1 – Managing The Losses AND The Profits

    • Finally we can look what to do now that a position has been place and is open.
    • Stop loss management is quite simple and often dealt with along side the entry order.
    • A stop loss typically goes past the event that got me in the position.
    • It is dictated by the entry pattern described previously.
  • Entry Trade management on loss (reminder)
    • Stock entry past the trigger bars
    • Options entry 1 strike ITM or OTM (personal preference)
  • Exit trade management on loss
    • Stock entry past the other side of the trigger bar
    • Options exit same
      • Options have the luxury of waiting.
      • Try to scratch same day or following day.
      • Often a scratch can be had
      • Or the dead sideways move can be turned into a winner as price puts in the expected movement the following day.

Lesson 2 – Stop to Profit

  • Stop to profit.
  • There are two types or trade management I like to use.
    • Trailing stops
    • Timed exits
    • Both have their places and uses and as always there is no single strategy that is perfect to milk the markets to perfection.
    • As I like to capture the main move of the morning. A timed exit is what I prefer 99% of the time
    • You can often find me in a coffee shop reading or dining out with family. I’m in the UK so the time difference helps for lunch being my dinner.
    • I would use a trailing stop loss if I were to pop the trade on and then walk away knowing that I could not likely check in after that. I’d like to say meetings. But I have few of those these days.
  • Trailing stop loss management.
  • Why Trailer Trash is full of Gold.
    • This method allows you to lock on profits on moves.
    • Best of all, you can automate this on entry.
    • Great for if you cant check in on your trades due to other commitments.
    • In simple terms I use ATR on the time frame of preference.
      • 10 min - 30 min - 60 min
    • 2x the average true range (ATR) your entr time frame.
      • 1x if you want tight trade management.
      • 3x if you want to losen it up.
      •  There is no single best setting. It always comes to preferences.
      • I prefer 2x when I use this.
    • Set the trailing stop loss to this amount
    • The order will auto adjust
    • Alternatively, trailing manually behind the 30 or 60 min bar highs/lows will achieve a similar result
      • similar to 1x auto trailing ATR
  • Timed Exits - higher time frames especially
  • The Traders “Naughty Step” Time Out.
    • Know when to exit your trades to maximise day trading profits.
    • Exit After 90-minutes - upto 3-hours
      • As I am only looking for the main move of the morning
      • The move is often done for the day at this time.
      • Helps around those pesky turn arounds which often come with big gaps.
      • Obviously missing out on further movements is a possibility but 95% of the time you will be out at the optimal time.
        • Combining the Trailing stop at the 90 minute exit is one way to attempt to get the best of both.
  • Portion Control - lower time frame especially
  • Aiming for smaller targets gives you higher rewards
    • Setting a target to aim for is often wise because it is easy to get greedy
    • 1:2 or 1:3 targets makes the most sense.
    • risking $1 to return $2 (or $3)
    • Adjusting stop loss to BE or better after a 1:1 move keeps the risk management aggressive but tight.
    • Most commonly I often end up with a $1 target or a $2 target

Lesson 3 – Swing When you’re Winning

  • Turn your daily winnings in to weekly profits.
  • WARNING - requires patience
  • Using stock options for stress free swings.
    • Another way to legally sidestep the PDT rule and potentially bag more profits.
    • This is a simple way to bag a runner which could last days or weeks.
    • Converting the day trade to jump start a swing trade.
    • How do you tell when...?
      • Looking for similar patterns on the daily chart.
      • Seeing price has broken a consolidation pattern and “broken out”.
      • Trading the gap in the direction of a well established trend.
      • Price closes on or near the high/low of the day can suggest further follow through movement
        • Especially when associated with exceptionally high daily volume.
    • Turn a loser into winner.
      • This can also turn a dead duck into a break even trade because you manage your non starters more effectively.
      • It does require patience but you will find out tomorrow if your dead duck can be turned into a goose that lays a golden egg.
      • Less stress than holding overnight with stock as things can go wrong quickly.
        • An option has a defined risk built in so no matter how wrong things get your risk is always limited to the price you paid for the option.
        • As such this helps “manage positions more effectively” holding over night.
        • Not for the freight hearted.

Lesson 4 – Trade Management Summary

  • Exit Trade Management on profit
    • Close after 90 mins - 3hrs
    • Close at end of day.
    • Close the following morning (avoids PDT rule)
    • Trail stops behind 30 min or 60 min highs
  • Close on target
  • Step Trail after 1:1 

Gap Profits - Module 7 - Money Management & Account Management 1 Lesson

Lesson 1 – Account Management & per trade risks

    • Next we focus on one of the single most important subject of all, money management...
    • ...avoid a catastrophic melt down in your trading account.
    • In an ironic twist it is also one of the subjects that if overlooked. Not this time. Here you are going to learn my unique approach to getting the best of both;
  1. Capital Growth
  2. Capital Preservation.
  • This simple money management technique will help you minimise your risk and preserve capital while balance that with the optimal way to maximise growth.
  • Avoid account churn like the plague.
    • This is when your equity growth looks like a sloppy ranging stock pattern.
  • NEVER reduce your position size
    • Why you should never reduce your position size.
      • Only ever increase position size. 
      • Never again should you have to reduce position size even when you have a drawdown period in your trading.
  • Accelerate out of a drawdown period 2x 3x or 5x time faster than you got into it.
    • Using this method is like driving in reverse during a drawdown phase. There is only one gear and a max speed to protect your capital.
    • During winning phases you will have 5 gears to accelerate your capital growth.
  • What everyone should know about “text book” position sizing and why it's killing your trading results.
  • Describe principal Growth & Preservation method
    • When to increase position size
  • A practical guide to position size
    • What’s your number?
    • Practical equity management
    • Emotional equity management 
      • position size is like a volume dial on the emotions
      • Reduce position size = minimise the emotions of trading
  • After this AND you have enough capital
    • Apply a percentage of account
    • I prefer 0.5% of risk per trade.

Gap Profits - Module 8 - Putting It All Together 1 Lesson

Lesson 1 – Daily routine strategy guide

In this lesson you will have access to w working document which outlines my daily steps to finding stocks to trade daily.

The entire process 

1 Chapter

Legacy - Day Trading Opening Gaps - 2020/21

Day trading the opening 30-90 mins. Fast paced for more advanced traders

VWAP - Recorded Live Quick Start Training 10 Lessons