Professional Training


Learning to trade is traditionally only available to those who can beat out hundreds of other applicants to get hired at a trading firm. This training removes the barrier to institutional knowledge while also providing true personal one-on-one guidance.


Legitimacy and authenticity

 

Each day, the live trading room authenticates the concepts on which the training is based.

Why one-on-one mentoring? 

 

Fact: there is a high failure rate in this industry

However the constant among the best traders is they have learned from mentors who monitor their development and subsequently guide them on what changes are required to improve. By contrast, developing traders left to their own devices rely on trial and error and a high degree of luck to work out what they need to do differently, all at great cost in time and trading account balance.

Recommend reading: Why Mentoring Matters by Dr Brett Steenbarger

How it works...

 

One-on-one training is limited to two vacancies per quarter with the training delivered over a three-month period as follows:

For the first three weeks, we break down how the markets operate and how as liquidity providers we identify opportunities to take the other side of traders forced to exit in their attempts to minimise losses. (See Role of the Trader for further explanation). The training programme continues to build on this, providing reference materials and questionnaires to ensure thorough comprehension of the material.

The real learning, however, starts when you transition into trading and after receiving feedback, return to trading. Then it is a case of rinse and repeat. This process is key to making the skillset transferrable.
Accessing the live trading room will reinforce what you are learning and developing. You don’t need to be present every session, just when you can.

The importance of experience

 

To develop into a competent trader, accumulated active screen time is required. This is best achieved by ensuring you are trading at least four times a week. It's more about continuity than overall hours achieved. With each completed 20 to 40 trades, you send screenshots of your trading to me (the software marks up the trades on the charts) as well the evidence points qualifying each entry and exit as covered in the first three weeks of the programme. In turn, I go over your trades looking for the one or two most significant areas that require modification. We catch up over the phone and remote viewing software to go over these aspects of your trading while also addressing all your questions.

Training sessions are conducted each week on the weekend and last for approximately ninety minutes. Each session is recorded and uploaded to the cloud so you can download and retain for future revision.

In addition to weekly sessions, you will email your daily market prep (see prep example) which I will review and respond to daily. This is a twenty-minute exercise required prior to every trading session.

Expectations

 

"We overestimate what we can do in the short term, and underestimate what we can accomplish in the long term"

While you will experience profitable days during the programme, it’s not realistic to think three months of training will transform you into a finely-tuned, consistently profitable trader. I like to be upfront about this. Rather in three months, you will have developed:


  1. An intimate understanding of how a directional trader repeatedly takes money out of the market.
  2. Competence in creating a trading blueprint (prep) to work from prior to each trading session.
  3. The expertise to comprehend the interaction between buyers and sellers, therefore knowing when to execute entering, scratching, flipping your view, removing risk, taking partial profits, taking all profits and lastly when to stand aside.
  4.  Robust defensive skills to avoid harsh drawdowns.
  5. Sufficient insight into the trade-review process so you can continue to develop and improve as a trader autonomously.


For further details please enquire via the contact page.