8/8/2019 3 Month Trader Programme

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8/8/2019 3 Month Trader Programme

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Foundation

Market Analysis Methods

The Business of Trading

Finance and Economics for Dealers

Theory and Markets

Financial Mathematics Introduction

Part 1

Foundation

Part 2Simulator School

Part 3Supervised Development

Week 1

DERIVATIVE

CAREER - TRADER 

Trading Psychology

Use of News and Data for Trading

Part 4Career in

Proprietary Trading

The Foundation section of the programme equipscandidates with the knowledge and understanding for

 journey ahead.

▪ Candidates come face to face with the key Financial

and Economic concepts relevant to trading, andcharacteristics of the main markets and productsincluding: the futures markets, exchanges, products,uses, pricing and valuation. As well as this wealth of theoretical background candidates will also beintroduced to the skills of cross markets analysisspecifically Bond market interaction with interest rates,

equities, FX and commodities.

▪ Candidates will experience how to successfully use

news and economic data for trading as well as chart

interpretation for the purposes of historical analysis.▪ Candidates examine the tools of the trader, Order

entry systems and other software.▪ Candidates explore the business of running a trading

book. Our expert trading psychologist then helps uscreate the correct mindset and behavior in preparationfor the journey.▪ Candidates are introduced to the 3D trading

software and the principles behind order flow andmarket pscychology.

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Part 2Simulator School

Part 1

Foundation

Part 2Simulator School

Part 3Supervised Development

Month 1

DERIVATIVE

CAREER - TRADER 

Tape Reading Skills

Stop Loss Skills

Objective Profit Running Skills

High Probability Selectiveness Skills

 

Part 4Career in

Proprietary Trading

Simulator school is an intensive and rewardingexperiential stage of the journey. By the end of the 2nd

month candidates will have explored, identified,practiced and applied the range of skills andtechniques required for survival by a new trader.

These skills include but are not limited to:how to read price action independent of anyindicators, systems or algorithms.how to watch price and volume action and

pinpoint trades objectively.

The basic time proven strategies will be learnt andapplied over and over again.

Candidates are given the opportunity to practice theseskills in a safe learning environment vital forconfidence building and to progress to their strategicskills.

 

Decision Making Skills

Holistic Pattern Recognition Skills

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Part 3Supervised Development

Part 1

Foundation

Part 2Simulator School

Part 3Supervised Development

DERIVATIVE

CAREER - TRADER 

Month 2

Technical Analysis.

Trading as a team.

Advanced Strategies.

 

Part 4Career in

Proprietary Trading

▪Candidates are introduced to special software that

allows the activities of 100s of experienced traders tobe viewed in real time.▪ Candidates apply skills learnt so far and practice

under different market conditions.▪ Candidates develop their own style and approach

under supervision.▪ We learn specialist and advanced topics such as

Technical Analysis and System design.▪ We learn and practice the trading techniques needed

to successfully trade and compete.

By the end of this 2nd month candidates will havepracticed trading under the supervision of seniortraders and will have viewed the trading activities of many different profitable traders. Confidence will be ata very high level and real consistency will have beendemonstrated.

  .

High Frequency Trading Techniques

Money Management Techniques

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Part 4Career in Proprietary Trading

Part 1

Foundation

Part 2Simulator School

Part 3Supervised Development

DERIVATIVE

CAREER - TRADER 

Prop book trading

House account

 

Part 4Career in

Proprietary Trading

▪ Candidates are awarded a house account. Asconfidence and profitability grow, transactional sizes areincreased allowing larger sums to be made.▪ Financial backing available to help with Fixed costs andsoftware charges.▪ The final stage provides candidates with a route

designed to take their Career forward to becoming aCTA regulated to manage funds for others.

Month 3

 

Financial backing

Trading for Investors

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What you will learn

Successful trading is based on patternrecognition and the development of mentalmaps that help us translate our perceptions of patterns into concrete trading behaviors.Without such mental maps, traders becomelost in complexity.

Our Simulator trading exercises are designedto impart such mental maps and techniquesto instill self-discipline and composure. As aresult our methodology is both fun andengaging.

Special Quantitative software or Algorithmicindicators will not provide any significant edgeon a consistent basis. Traders must learn to

decipher the language of the markets tosucceed, and through this ability they willgain the self-trust necessary to win over time.

This course is specifically aimed at thosewanting to learn how to trade liquid futuresmarkets for a living. A clear distinction isdrawn between the retail and the pro trader.

The techniques and concepts acquired herecan be applied to any electronic exchangemarket and assumes fast connectivity, lowtransactional fee model and direct accessmembership. This course is therefore suitablefor those committed to becoming professionaltraders or those required to have detailedunderstanding of the traders perspective of 

global markets.

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 About us

In 1984 First Continental Trading Group wasfounded in Chicago to train and fundexchange derivatives traders and marketmakers. In 1999 a lot of this trading activitymoved from open outcry to screen basedmarkets.

With the advent of the electronic tradingsystems a new type of trader training andsupport was required. What is now GlobalTrading community was created in 2003 totrain and support First Continental’s globaltraders. Unique software was created toenhance the ambient awareness factors and

In this current economic climate many areseizing the opportunity to re-skill by turningtheir potential into tangible professionalcompetencies. We will support candidatesthrough this transformation by taking themon a learning journey that will be asrewarding as it is fulfilling.

With every performance field such assports, music, acting—and you will find thatpractice builds skills. Trading, in some ways,is harder than other performance fieldsbecause there are no school teams orplayfields for early development. From day

or er ow scovery preva en n e o

trading pits.

With today’s software we are able to equiptraders with the knowledge, skills andunderstanding required to read market flowand identify patterns, whilst preparingtraders with the mindset needed to tacklethe day to day challenges of their

profession.

The demand for our institutional level ‘graduate trainee trader’ courses has grownas opportunities to land genuine entry leveltrading jobs have shrunk. It was with this inmind that The Global Trading Communitydemerged from First in 2007 to become a

specialist trading incubator.

one, you are up aga ns e pros. ou

learning by doing, you will lack the skills tosurvive such competition.We are dedicated to providing Professionallevel training and support at reasonablecost.