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Professional Trader Part 2 - London
 Course Description
The objective of this 4-day class is to cover advanced trading strategies, techniques and tactics. Each day will cover several advanced concepts which the student will then execute "live" with our accounts. With the 7-day combined courses, you will be well on your way in your trading education!
Course Times
Time Zone |
Weekend |
Weekday |
United Kingdom |
9 am - 5 pm
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Monday - Friday 11 am - 7 pm
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Class Materials
Each student will receive a binder with all class slides printed in color, with room to write notes. Also included are class handouts and any additional material the instructor provides for the course, so student can easily refer to all class material after the class.
Course Curriculum
Day 1 |
Day 2 |
Day 3 |
Day 4 |
Start Each Day with an Outlook
Pre-Market Trading Environment
Where are the Closest S/R Levels
The Slightly Bigger Picture
Does the Market Fit into the Picture
Roadmap to Risk Management
Trade Plan
Market Opens
Plan Review
Use All Available Information to Form an Initial Viewpoint
The Market Day -8 Key Times
First Reversal
2nd Reversal
The Doldrums
Cinderella Hour
Short Covering Rally
Closing and its Parts
Who's the "Hammer"
The "Hammer Spread"
Where to Start...
Gate Keepers – Axes & Hammers
The Hammer….Price Between Blows
Secrets of Shorting
More Than One Possible Entry
Going Short
Don’t Be a “Pioneer”
Shorts Can be Wonderful
What Will the Level II Box Look Like?
Let the Platform Help
How Would You Get Short, Now?
Golden Nugget Secret for Shorting
Stock Analysis -Fundamental vs. Technical
Fundamental Analysis
Fundamental Stock Price Estimate – P/E
Fundamental Stock Price Volatility - Beta
Competitive Analysis
Technical Analysis
Basic Chart
Drawing Support & Resistance Lines
Support & Resistance
Initial Trend Line
Trust the Trend Line
Moving Averages
Classic Moving Averages
A Nest of Moving Averages
Works the Same in Different Timeframes
Simple vs. Exponential Moving Averages
THE ROLE OF THE MARKET MAKER
Know Your Market Maker
Wire Houses
Investment Banks
Wholesalers
Regional Firms
Level II – Scenarios
If They Tell You to Buy
For Your Benefit...or Theirs?
Morgan Stanley Downgrades KMPG...
Prudential Downgrades Oak Tech... |
Continuation Patterns
Types of Patterns
Trend Reversal
Bump & Run
Double top
Double bottom
Head & Shoulders Top
Head & Shoulders Bottom
Falling Wedge
Rising Wedge
Rounding Bottom
Triple Top
Triple Bottom
Trend Continuation
Ascending Triangle
Descending Triangle
Symmetrical Triangle
Cup with Handle
Flag, Pennant
Price Channel
Rectangle
Measured Move (Bull)
Measured Move (Bear)
Symmetrical Triangle - Bearish
Ascending Triangle - Bullish
Descending Triangle - Bearish
Bullish Flag
Bearish Flag
Bull Pennant
Bear Pennant
Bearish Wedge -Asymmetrical Triangle
Multiple Patterns - IntraDay
Cup with Handle
Volume as Pressure
Intraday Volume at Key Times
Volume Pace Required to Break
High Volume on Breakout
Low Volume on Pullback
Volume Drive Price
Climactic Volume
NASDAQ PMI - What Will the Gap Be?
Gaps - What are they?
Common Gaps
Breakaway Gaps
Breakaway – Intraday Behavior
Runaway Gaps
Exhaustion Gaps
When is a Runaway gap an Exhaustion Gap?
Island Reversal Pattern
Upside Opening Gaps
Trading the Opening Gap Fade
Sheldon’s Gap Reaction Barometer
Opening Gap Fade
Trading the Gap
Key Reversal Days
Reversal Day
TECHNICAL INDICATORS
MACD
Linear Regression
RSI
Stochastics
Bollinger Bands
TECHNICAL INDICATOR TRAPS
Moving Averages - Convergence/Divergence (MACD)
The 12 & 26 Period EMAs
MACD With All Four Elements Shown
Positive & Negative Divergences
Linear Regression Channel
Relative Strength Indicator (RSI)
RSI...Long Term
RSI...Short Term
Stochastics
An Idealized View of Stochastics
Stochastics - %K and %D
Stochastics – “%D slow”
Stochastics – Slow and Fast
Bollinger Bands
Bollinger Bands on Daily Chart
Intraday Bollinger |
Current Status of the Market
Candlestick Patterns
Basic Candlestick Forms
Candle East/West Translation
Harami
Basic Reversal Patterns
Engulfing Pattern
Evening Star
Morning Star
Dark Cloud Cover
Hammer
Shooting Star
3 White Soldiers
3 Black Crows
Hanging Man
Leonardo Pisano Bonaccio - Fibonacci
Fibonacci Retracement Levels
More Ratios
3 Major ways of Looking at Fib
Retracements
Fibonacci Extensions
Clusters or Confluence
Fibonacci Time Zones
Fibonacci Fans
Projections
Fib Profit Objectives
Elliott Wave Theory
5 Up and 3 Down
10 Survival Skills |
Breakouts
Breakouts – Breakdowns Criteria
Hunting Swings
Stress Management
Treat Your Trading as a Business
Business Plan – Tax Laws/ Legal entities
Who Should Do Your Taxes?
Trading as an investor
Disadvantages of being treated as an investor
Trader in Securities definition
Trader in Securities Advantage
Publication 550
Sole Proprietorship Limitations
What is a Legal Entity
Entity Combinations
The Basic Combo Model
Mark-to-Market Accounting
Tax Treatment of 1256 Contracts
401(k)’s
12 Reasons to Trade as a Business
Psychological Warfare
Trader Psychology
Putting It All Together |
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Testimonials
"This class is all about incorporating risk management into your investment strategy. I wish I had taken this class long time ago, would have saved tons. The instructor (Brandon) is world class and recommend this to anyone who is into Stock market. "
Premchand K., June 2006
"This wasn't a class on theory, this was a class on theory put to use in a real world situation with a professional, knowledgeable, experienced instructor that had been there, done that, and shared it with all of us."
Daryl D., June 2006
"A challenging but rewarding class…a better learning experience than all other professional development trainings I've had previously."
Larry F., June 2006
"There is no substitute for actual trading and the pressure is moderated based on the fact that you are using someone else's account. The actual first day of trading is a joyful experience--it is like suddenly the blinders come off and applying what you have learned and making your share of mistakes is excellent. It is revelational! An 'Ah-ha' moment of the highest order."
Adrienne P., June 2006
"I would recommend to anybody. This is the greatest learning tool for anyone wanting to trade in stocks."
MJ A., September 2005
"This was a very well run course. The instructors were very knowledgeable, and conveyed their personal experiences as well as what we are to expect in our trading lives. I learned much more than I had expected."
August 2005
"A must-take course if you want to have a fair chance to succeed in trading."
Edgar S., March 2005
"This class was great! I got to do actual trading on a live platform. I lost money the first days, but made money as each day went along. With the technical skills that were provided, I was able to make money."
Pat M., October 2005
"Awesome. Best of the best. I would never consider trading without such advanced and professional training."
David W., April 2005
"I was very impressed with the content and the professionalism of the instruction."
Chuck T., March 2005
"I would recommend to anybody. This is the greatest learning tool for anyone wanting to trade in stocks."
MJ A., Sept 2005, Pro Trader Advanced, Irvine, CA.
"This course has given me the tools and confidence to be a successful trader."
Bill M., March 2005
"The class really brought it all together for me, especially the opportunity we were given in class to do live trading in the actual market with real money, the first time I have ever experienced this."
Terry W., La Jolla, CA
"I was so afraid that when arriving here after flying for 9 hours and paying for the course, I would find an empty store front. Believe me the store is not empty. I will be coming back and retake the class within 2 months just to remember some key things that didn't stay stuck in my head."
Steve F., July 2004
"Online Trading Academy has given me the tools that I know will advance my own trading skills. The instructors are excellent and offer you tremendous ongoing support to help you succeed in your trading. I was very impressed with the quality of this program overall."
R.T., July 2004
"Exposure to the realities of trading and importance of planning with the right mental attitude."
Art Y., July 2004
"This class teaches the reality surrounding the trading business. You can't beat the tuition reimbursement, live trading, and knowledge given by the experts in the business. They will "smack" you with real information and train you to be successful in trading. If you want it real, take this course otherwise take other too-good-to-be-true seminars that "will" make you rich next week."
Pandito R., July 2004
"The class was very informative. I highly recommend it to anyone who has not had any formal instruction on how to trade in the stock market. The instructors are excellent and know how to communicate it effectively."
John S., Pro Trader Advanced, July 2004
"Thanks for the help in getting my trading plan started. Before I took the training course, it never dawned on me to get plans down in black and white. You know, before I became acquainted with Online Trading Academy, I thought that this is just another organization out to make big bucks. (of course every business has to make money). I know different now. It's good to know that Online Trading Academy gives service after the sale."
Gary H., April 2004
"I have been applying all the skills you taught us in the advanced class and so far I have done pretty well. In September I made a little over $4,000 trading. It looks like I will beat that in October in spite of the generally volatile market."
Jess W., October 2003 |
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