online trading academy 23 - course curriculum
DESCRIPTION
Online Trading Academy 23 - Course CurriculumTRANSCRIPT
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4/10/2015 OnlineTradingAcademyCourseCurriculum
http://www.tradingacademy.com/education/professionaltrader.aspx 1/6
ProfessionalTraderCourse
CourseType:OnLocation,Online(bothwithLifetimeRetakeOption)
Duration:OnLocationPart1:2days,Part2:5days,Daysareapproximately6.5hoursOnlinePart1:4,3hoursessions,Part2:10,3hoursessions
Overview
OnlineTradingAcademysunique,proprietary,awardwinningmarkettimingstrategyistaughtintheProfessionalTradercourse.Tobesuccessfulintradingyoumusthaveanedge,andthecorestrategyyouwilllearninthiscoursewillgiveyouthatedgethroughdynamicskillbuildinglessonsandhandsonlivemarkettradingsessionswithrealmoneyOURmoney.Weabsorballlossesandcommissions,leavingyoutofocusonproperrulebasedstrategy.
WhytradetheStockMarket?
LiquidityStrongliquidityallowsforimmediateexecutionwithminimalslippage
PriceRangeManystockswithdifferentpricepointsallowsyoutotradeastockinacomfortablepricerange
CommissionsWithcommissionsaslowas$0.05pershare,thetransactioncostforexecutionisminimal
MarketInformationPopularwiththemedia,anabundanceofinformationisavailableonmostequities
FlexibilityBroadmarketsandmajorsectorsallowflexibilitytotradeindividualcompaniesormajorindexes
DiversificationAbilitytotradeExchangeTradedFunds(ETF)offersdiversification(GLD)
RiskAbilitytotradeverysmallpositionsize(10shares)whilelearningtogainrealtradingexperience
Audience
Thiscourseisdesignedforstudentsofallexperiencelevelswhoareseriousaboutbecomingaprofessionaltrader.
Prerequisites
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4/10/2015 OnlineTradingAcademyCourseCurriculum
http://www.tradingacademy.com/education/professionaltrader.aspx 2/6
OnlineStudentOrientationandthePlatformOrientationarerecommendedprerequisitesforthiscourse.Notradingexperienceisrequired.
Format
Eachday'sagendacontains23powerfulandfullyinteractivelecturesledbyaprofessionaltradercombinedwith12livetradingandanalysissessionsfocusingonmarketanalysisandtradeexecution.
Maximum22personcapacityprovidingindividualattentionfromyourinstructor
Eachstudentisprovidedaclassroomcomputerwheretheylearninahandsonenvironmentforoptimallearning
Studentsareprovidedtradingaccountsfundedwithrealmoneywheretheytradewithlivedataineithersimulationorlivemode.OnlineTradingAcademyabsorbsallofthelosingtradesandcommissions,providingthestudentwitharealtolifeenvironmentforexecutingtrades.
CourseObjective
ToclearlyunderstandandproperlyexecuteOnlineTradingAcademysrulebasedCoreStrategyinordertoattainshorttermincomeandlongtermwealth.
DetailedCourseOutline
PART1,DAY1
TradingFoundationThezerosumgameTradingisatransferofmoneyfromthosewhodontknowhowthemarketswork,tothosewhodo.Unlockthetruthasyoulearntoidentifytwotypesoftradersandrecognizetheiractivityonapricechart.
BasicConceptsandTerminologyGainaclearunderstandingofkeytradingconcepts(includingS.E.T.ingatrade,understandingthetwoprimaryaccounttypesandmore)andfamiliarizeyourselfwithstandardindustrytermsandspecificOnlineTradingAcademyterms.
NewsandEconomicReportsAsatrader,yourworldishighlydependentontheeconomiccalendar.Thissegmentwillteachyouhowtomanageandleveragetheimpactofkeymarketandeconomicreportsonyourtrading.
TheFlowofTradingLearnhowinformationandmoneyflowintradingbyunderstandingtheroleofspecificpeople
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4/10/2015 OnlineTradingAcademyCourseCurriculum
http://www.tradingacademy.com/education/professionaltrader.aspx 3/6
andentities.Variousproductsassociatedwithtradingaswellastheimportanceofdirectaccesstradingplatformswillalsobecovered.
Charts,TheWindowIntotheMarketThePowerofPriceAnyandallinfluencesonpricearereflectedinpriceanddisplayedonpricecharts.Gainasolidfoundationonhowtonavigateandmanipulatecharts,timeframes,andrecognizeOnlineTradingAcademyspecificpriceactionpatterns.
CoreStrategyFoundationDayoneslearningobjectiveiscenteredonthisintroductiontoOnlineTradingAcademyscorestrategy,whichisthebasisfortherestofthecourse.Learntheapproachtoidentifyingmarketturningpoints,identifyingwheretheinstitutionsandbanksarebuyingandselling,andhowtorecognizeopportunityonapricechart.
CoreStrategySetupsandZones(TheWHERE)IntroductiontoBuySetupandSellSetupandthefocusedactiontotakewheneachspecificsetupisidentified.Setupsaredocumentedusingzonesthatestablishthefoundationforasimplerulebasedstrategybasedona3StepZoneingmethod.
CoreStrategyTrends(TheWHEN)ExplorethetwoattributesofaTrend,DirectionandMomentum,andhowtheseareusedtodeterminewhentobuyandwhentosell.Lookatthefourstagesofatrendandlearntrendanalysisbasicsusingthreedifferentapproachestohelpinstrategicdecisionmakingforenteringandexitingtrades.
PART1,DAY2
CoreStrategyEntryTypesandProperExitThethreecomponentsofatradearecontainedinthesimpleacronymS.E.T.(Stop,Entry,Target).OurcorestrategycontainsthreeentrytypesLimit,ZoneandConfirmationEntry.Gainasolidunderstandingoftheseentries,aswellastwoimportantwaystoexitatradewithStopsandTargets.
OddsEnhancersOddsEnhancersareOnlineTradingAcademysproprietaryscoringsystemforobjectivelymeasuringthequalityoftradingopportunities.ThreepowerfulOddsEnhancersthatwillprovideyouwiththeedgeoverthetradingcompetitionarecovered.
TradeManagementThissegmentfocusesonhavingaplanbeforeyouenteratradeandwillprovideyouwithtwopresenttrademanagementplansthatyoucanbuildupon.Howyoumanageatradewillaffectthedynamicbetweenwinningpercentageandprofitability.
OrderTypesLearnthepurposeoffourdifferentordertypesandtheprosandconsforeachordertype.Ordertypesinclude:MarketOrder,LimitOrder,StopMarketOrder,StopLimitOrder
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4/10/2015 OnlineTradingAcademyCourseCurriculum
http://www.tradingacademy.com/education/professionaltrader.aspx 4/6
BracketOrdersThisportionofthecoursefocusesonproperlysettingupaBracketOrder,whichoffersthetraderthebenefitsofnothavingtositinfrontoftheircomputerandminimizationoftraderemotion.
RiskManagementTherearefiveoutcomeswhentradingandthissegmentwillgiveyouaclearunderstandingofeachoutcomeandhowtoeliminateriskforthebestchanceofbecomingasuccessfultrader.
MultipleTimeFrameAnalysisMultipleTimeFrameanalysisisessentialinidentifyinghighprobability,lowrisk,andhighrewardtradingopportunities.Nomatterwhatstyleoftraderyouare,youwillutilizethreespecificcharttimeframeswithpurposeandfocus.
PuttingItAllTogetherAllofthedetailcoveredinthefirsttwodaysofthisclasswillbeputtogetherinasimple,organized,strategicstepbystepactionplanthatallowstradingwithasimple,yetpowerfulrulebasedstrategy!
PART2,DAY1
CoreStrategyReviewProfessionalTraderPart1isTHEeducationfoundationforyourtradingregardlessoftheassetclassesyoutradeorthetimeframesandstyleyoutradeorinvest.LearnimportantbuildingblocksthatwillstaywithyouthroughoutyoureducationalexperiencewithOnlineTradingAcademy.
MoreTerminologyIntheearlystagesofyoureducationyouwillbroadenyourpersonalglossaryofimportantterms.InthissectionyouwillgainadditionaltermssuchasLevel1,Level2,NASDAQTotalView,MarketMakersandECN.
OrderTypeReviewThisfivedaycoursewilllaunchyouintoactionandallowyoutostarttrading.ThissectionwillprovidelearningreinforcementonLimitOrders,MarketOrders,StopMarketOrders,StopLimitOrdersandBracketOrders.
LiveTradingLabSessionsFourLiveTradingLabsessions,plusdailyaccessfortheremainderofthiscourse,willenableyoutoapplytheknowledgeyouvegained.UsingaclassroomstudentcomputeryouwillaccesslivedatawhiletradingrealmoneyOURmoney.Weabsorballlossesandcommissions,leavingyoutofocusontradingexecutioninaverystructuredlabsession.
PART2,DAY2
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4/10/2015 OnlineTradingAcademyCourseCurriculum
http://www.tradingacademy.com/education/professionaltrader.aspx 5/6
PositionSizingIntroductiontotermssuchasPositionandSize.Youwilllearnhowtoobjectivelydeterminethesizeofyourpositionsusingasimplemathematicalcalculation,aswellasgainanunderstandingofthevalueofObjectiveRiskManagement.
StockSelectionProcessYouwilllearnhowtonavigatethroughthousandsofindividualequitymarketpossibilitiestocreateawatchlist,andthenimplementaverystructuredtopdownanalysisthathelpsyoutofocusontherightmarketswiththelowestrisk,highestreward,andhighestprobabilitytradingopportunities.
TaxStrategiesGainanunderstandingoftheimportanceandpowerofvarioustaxstrategiesforTradersandtheconsiderationsyouneedtomakethatwillhelpyoumanageandoptimizeyourtradingeffortsandmaximizeyourprofitpotential.
PART2,DAY3
XLTLiveTradingXLTstandsfortheExtendedLearningTrackgraduateprogramatOnlineTradingAcademy.Thisonlineprogramextendsthetimeourgraduateshavewiththeirinstructorsandtheirfellowstudents.Byprovidinga90minuteXLTsessionspecificallyforthestudentsintheProfessionalTraderCourse,itallowsstudentstoexperienceourgraduateprogramfirsthand.
TechnicalIndicatorsImproperuseoftechnicalindicatorsisoneofthebiggestreasonstradersfail!AlthoughindicatorsarenottheprimarytoolusedinOnlineTradingAcademysCoreStrategy,whenusedproperly,theycanserveasasecondarysupporttoolforconfirmationintakingatrade.
TradingGapsGapsarethemostobviouswaytoidentifywherethenextbigmarketmovewillbeginandproducesomeofthelowestrisk,highestrewardandhighestprobabilitytradingforourstudents.YouwillgainanunderstandingofthedifferencebetweenanOTANoviceGapvs.anOTAProGap,akeycomponentofourrulebased,markettimingstrategy.
TenLawsofTradingTheTenLawsofTradingareabsolutesthatshouldbeapartofeverytraderstradingplan.Theyprovidethefoundationforbecomingafocused,wellrounded,disciplinedprofessionaltrader.
OddsEnhancers#4OddsEnhancers#4measuringFreshLevels
PART2,DAY4
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4/10/2015 OnlineTradingAcademyCourseCurriculum
http://www.tradingacademy.com/education/professionaltrader.aspx 6/6
TraderTimeZonesKnowingthethreekeypricereversaltimesinthemarketeverydayandcombiningthemwithOTAsCoreStrategywillhelpstacktheoddsinyourfavor.
MomentumTradingTacticsMomentumtradingallowsyoutoparticipateinastrongmarketmoveafteritisunderway.Youwilllearntherulesandskillstotakeadvantageofmomentummoveswhilestillproperlymanagingriskandreward.
MarketTrapsYouareconstantlyexposedtobuyandsellsignalsfromavarietyofsourcesthatinviteyoutotakeactioninthemarketplace.Manyoftheseinvitationsaretraps,riskdisguisedasopportunity.Youwilllearnhowtorecognizeandsteerclearofthetrapsandtakeadvantageoftheopportunity.
MasteringtheMentalGameThehumanmindisconditionedfrombirthtonaturallygravitatetowardthatwhichmakesusfeelgoodandstayawayfromthatwhichmakesusfeelbad.Takingthisactioninthemarketsisarecipeforconsistentlosses.Thiscourseprovidesyouwiththepropertoolstohandlethosenaturalemotionsandtheactionsthatstemfromthem.
PART2,DAY5
LiveTradingSkillTestTradingismorethanknowledgeitisanacquiredskill.Thistestprovidestheinstructorwithconfirmationthathis/herstudentscomprehendedtheconceptsandexecutedtheskillstaughtthroughoutthecourse.
FinalExamAcomprehensiveexamcoveringall7daysofbothPart1and2oftheProfessionalTraderCourse
TenSurvivalSkillsThese10survivalskillsgohandinhandwiththe10LawsofTradingandshouldalsoberepresentedinyourtradingplanandserveasareminderandafocuspoint.
ClassSurveyandGraduationEachstudentcompletesasurveyoftheirentireeducationexperience,providingOnlineTradingAcademywithvaluablefeedbackineveryareaoftheeducationalexperience.Agraduationceremonywillcelebrateyourcompletionofthiscourse!