Introduction to Professional Stock Trading
4.3 (13 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
900 students enrolled
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Introduction to Professional Stock Trading

Learn how to become a profitable investor from a Wall Street expert with 25 years of experience.
4.3 (13 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
900 students enrolled
Created by Keith Kline
Last updated 2/2016
English
Current price: $10 Original price: $20 Discount: 50% off
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Includes:
  • 2 hours on-demand video
  • 6 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Understand how professionals view the stock market and skills needed in order to become a profitable trader.
View Curriculum
Requirements
  • No prior knowledge necessary.
Description

The course is designed to help people understand how to view the stock market like the Wall Street professionals, and teaches the same skills/techniques that professional assistant traders receive during their training at some of the top Wall Street firms. The information is considered proprietary and is not commonly known by anyone outside of the experts.

The course will provide a deeper level of understanding regarding common strategies (that don't work) and what strategies you need to know in order to become a profitable investor. It teaches game theory, probabilistic thinking, and fair value - as well as, how to make positive expectancy trades to increase your success. This is the first of several courses and there is no requirement to take or understand the material in this course.**This course includes the first set of lessons from the Wall Street Preparatory Academy's Introduction to Stock Trading course. The remaining two sections will be added over the next few weeks. Students will be able to receive weekly updates and announcements by turning on the "New Lecture Emails" setting. **

Who is the target audience?
  • This course is designed for anyone, at all levels, who is interested in understanding how Wall Street professionals view the stock market. It teaches the skills/techniques that the experts use, which will help you become a profitable investor. Good for everyone from beginners to those looking to pursue a career in finance/economics.
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Curriculum For This Course
Expand All 24 Lectures Collapse All 24 Lectures 02:15:41
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Introduction to the course and key things to know about the Stock Market
3 Lectures 22:22

The introduction provides an overview of the course, including what students will learn and instructor background information.

Preview 05:53

Students will learn the top 5 mistakes that investors make and the reasons why these common practices don't work.

Preview 08:37

The number one best thing that you need to know and understand in order to become a profitable and successful Stock Trader.

The ONE thing you do need to know to make money in the Stock Market
07:52
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The Stock Market is a Game
3 Lectures 17:29

Students will learn how to think about the Stock Market and understand how the different aspects of trading work like a game.

Why is the Stock Market a Game?
07:48

Who are your opponents in the 'game.' Understanding the different opponenets will allow you to determine which strategy to use in order to win.

Who are your opponents in the Game?
06:34

Section 2 summary: Key points from 'Section 2'.

Section 2 - Summary
03:07
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How to Value a Game
6 Lectures 31:55

Learn how to determine fair value of a game, as well as, probability.

Understanding Probability and How to Determine Fair Value of a Game
08:00

How to apply probabilistic thinking when making trades.

Applying Probabilistic Thinking to the Stock Market
09:00

Students will learn what trading 'expectancy' is and how to calculate your expectancy with fair value.

Trading with Positive Expectancy
05:47

Understanding the Efficient Market Hypothesis and what you need to look for and determine in order to make money trading.

Efficient Market Hypothesis and Finding Positive Expectancy Trades
07:17

Section 3 Summary
01:51

Review/answer questions on Pages 1 and 2; Answer sheet is on Page 3.

Quiz I
3 pages
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Beating the Market
6 Lectures 31:34

Lecture outlines key points from the course that you need to know and focus on in order to beat the market.

How to Beat the Market
06:10

Students will learn about the different type of players in the market, including "smart" and " dumb" money. Also, tips for which type of players that beginners should avoid trading with.

Players In The Market
08:26

Describes a "Long Only Guy" market player.

What is a "Long Only Guy?"
04:06

Describes a "Hedge Fund" market player.

What is a "Hedge Fund" guy?
04:34

Describes a "Program Trader" market player.

What is a "Program Trader?"
05:30

Section 4 Summary
02:48
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Trading Mentality
6 Lectures 25:21

Students will learn about the over confidence, hindsight, and small sample biases - and how they can negatively impact your trading results.

Biases
05:18

Students will learn what emotions and attitudes will affect their trading results. Also, understanding how second order knowledge will be beneficial while trading in the stock market.

How can your emotions affect your trading results?
07:51

Students will learn when to close losing trades, while also avoid closing out winners too early.

Closing Your Losing Trades
05:23

Students will learn the first steps that they need to take in order to start trading.

Starting to Trade
02:35

Section 5 Summary, Course Wrap-Up and Glossary
04:14

Quiz II
4 pages
About the Instructor
Keith Kline
4.3 Average rating
20 Reviews
917 Students
2 Courses
Wall Street Expert and Mathematician

A highly accomplished and respected senior trading executive with ties to Wall Street, Keith Kline has over 25 years of trading experience across a broad range of asset classes including equities, fixed income, futures, options, and commodities.

Having worked at elite derivatives trading firms both in Philadelphia and NYC, Keith has a diverse background that includes serving as an equity options market maker and equity index specialist on the Philadelphia Options Exchange, establishing one of the largest global interest rate derivative desks with The Bank of New York and trading a multi-hundred million dollar long/short portfolio at Susquehanna Investment Group (SIG).

When tasked to head the International Derivatives Desk for SIG early in his career, he was one of the first to trade index arbitrage on the South African exchange, helping the country design and create the new index futures contract. Moving to the U.S. Equity Index desk, one of the largest in the world, he served as senior Index Arbitrage Trader with responsibilities for trading and risk managing dozens of indexes including S&P, XMI, Russell, Value Line, XAU, and all of the tech sector indices.

Making his first move to NYC in 1997, he served as part of a team that started a fixed income trading desk as a joint venture with The Bank of New York. He helped build the start-up operation into one of the largest global interest rate derivatives desks. He was responsible for making markets in a wide array of products including interest rate swaps, caps, and floors, Bermuda Swaptions, and a variety of exotic options.

After being hand-picked by SIG to join the fundamental equity pairs trading desk in 2001, he returned to Philadelphia to manage trading for a multi-hundred million dollar long/short portfolio, specializing in the energy, brokerage, auto, and defense sectors. Five years later, he returned to New York to join a commodity hedge fund, heading the derivatives trading and, ultimately, serving as one of six partners for the firm that was subsequently acquired by The Carlyle Group in 2012.

In 2013, Keith retired from Wall St. to pursue his love of mathematics in which he has both a Bachelor of Science degree from Drexel University and a Master of Science degree in Applied Mathematics from the University of Washington. Combining his love of mathematics and experience in the world of finance, Keith opened the Wall Street Preparatory Academy to teach High School and College students the secrets of trading on Wall Street. The institution is dedicated to bringing the amazing world of mathematics and financial mathematics to young people around the world.