Proprietary and Retail Trading for Beginners
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Proprietary and Retail Trading for Beginners

A Professional Trader's Manual to achieving conservative consistent profits.
5.0 (1 rating)
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.
14 students enrolled
Created by Collins Bunjira
Last updated 11/2016
English
Current price: $10 Original price: $30 Discount: 67% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 5.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • You will become a more knowledgeable/survey trader and have a basic understanding of trading.
  • You will be able to design your own trading strategies around your mental trading zones, and improve your timing on entry and exit rules.
  • You will understand trading techniques used in the industry and be aware of who your competition is and how to manage that knowledge to your advantage.
  • You will get access to a trading platform and you will become a trader of FX, CFDs or Futures.
  • You will statistically have consistent and conservative profits because of this course if you master our course content and participate in our student support programmes.
  • You will become a member of our Alumni were you can exchange trading ideas and strategies with other past students.
View Curriculum
Requirements
  • For students wishing to do this course, we strongly suggest they read the following book for trading psychology ethos: Trading in the Zone by Mark Douglas ( Disclaimer: We are not in anyway affiliated to the late writer of this book nor its publisher nor do we benefit financially from this recommendation. We recommend the book as we strongly believe it teaches you the mindset to trading and advises you of the sort of emotional challenges you will need to overcome in order to become a successful trader.)
Description

Get to grip with the fundamentals and technicals to trading: be able to define and group trading instruments into their several classes; be able to identify what news or economical data affects those groupings; understand the basics to executing trades; be able to chart and make useful meaning of oscillators and trading studies; be able to identify entry and exit levels; understanding risk and how to manage it; stand a better chance at making consistent and conservative profits.

  1. This course is designed for beginners to the FX, CFD and Futures markets. It does not cover Options trading.

  2. This course only covers outright trading and therefore, anyone wishing to trade strategies (calendar spreads): butterflies, condors, arbitrages etc should only take this course only to build on their knowledge of trading and not necessarily to trade using strategies.

  3. This course is not suitable for advanced traders, as information covered should be common everyday trading practice.

  4. This course doesn’t guarantee you will be successful at trading, but it gives you a better statistical chance of having conservative consistent profits.

  5. You don’t require a degree but we strongly recommend a strong numeracy command at O’ Level (or equivalent) or higher.

  6. This course is perfect for anyone considering applying for a Career Program with a Proprietary Trading Firm or Hedge Fund dependent on their entry requirements.

  7. At the end of this course, you will be able to trade CFDs, FX  and Futures from home competently. 

  8. Lastly, an interest in politics, current events, and business news as well as economic is mandatory in order to be successful.

  9. This course comes prepared with a trading game that will go live after the course has been published. You will also need to write a summary of Trading In The Zone Chapter 1 through to 11, chapter by chapter each with it's own summary on it's correspondent lesson number, i.e Lesson 1 will require Chapter 1 summary on top of your homework before proceeding with the next lecture.




Who is the target audience?
  • This course is for BEGINNERS to Forex (FX), Contract for Difference (CFDs), and Futures.
  • This course is not suited for options traders although trading strategies covered on this course can be of benefit to an options trader.
  • This course is for people with a strong numeracy command at O' Level (or equivalent) or higher.
  • This course is perfect for anyone considering applying for a career as a Synthetic Trader or Proprietary Trader with Proprietary Trading Firms, Hedge Funds, or Investment Banks, dependant on their entry requirements for those career programs in addition to this course.
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Curriculum For This Course
22 Lectures
05:15:11
+
Introduction To the Course
2 Lectures 36:47

In this lecture we will prepare the student to master the confidence he/she needs, assess what sort of discipline is required in trading and how a winning attitude can be developed to be an efficient and effective trader. We will be using principles set in the book Trading in The Zone by Mark Douglas.

We will also be covering:

  • Background of the lecturer’s relevant trading experience and mindset

  • Introduction to behaviour analysis as applicable to trading

  • Defining the rules we use that we believe will make you a statistically profitable trader.

  • Introduction to concepts of back testing, and the psychological help it provides in boosting your confidence

  • Your capital risk awareness talk.

  • All videos have music in the background but power point slides are presented without music and with audio.
Preview 18:00

In this lecture we will prepare the student to master the confidence he/she needs, assess what sort of discipline is required in trading and how a winning attitude can be developed to be an efficient and effective trader. We will be using principles set in the book Trading in The Zone by Mark Douglas.


We will also be covering:

Background of the lecturer’s relevant trading experience and mindset

  • Background of the lecturer’s relevant trading experience and mindset

  • Introduction to behaviour analysis as applicable to trading

  • Defining the rules we use that we believe will make you a statistically profitable trader.

  • Introduction to concepts of back testing, and the psychological help it provides in boosting your confidence

  • Your capital risk awareness talk.

  • All videos have music in the background but power point slides are presented without music and with audio.
Setting Expectations Lecture 1 Part 2
18:47
+
The trader’s toolbox
10 Lectures 02:40:31

In this lecture we will introduce you to the trader's toolbox and also introduce you to markets. What we cover will be as follows:

  1. Understanding Financial Markets

  • Definitions

  • Understanding Instrument Types

  • Terminology

2.  How to choose an instrument and know what to trade.

  • Supply and Demand

  • Contracts, Exchanges and Volume

  • Definitions

  • Bonds

  • Commodities

  • Currencies

  • Equities and Indices

  • Knowing what to trade

3. Market Behaviour and why you should care.

  • What you up against: the other market players. Who are they?

  • How do they trade: using what you learn to your advantage for consistent profits.

  • How to make money with today’s lecture:a trading game.

  • Your capital risk awareness talk.

What you need to know about the markets Lecture 2 Part 1
17:44

In this lecture we will introduce you to the trader's toolbox and also introduce you to markets. What we cover will be as follows:

  1. Understanding Financial Markets

  • Definitions

  • Understanding Instrument Types

  • Terminology

2.  How to choose an instrument and know what to trade.

  • Supply and Demand

  • Contracts, Exchanges and Volume

  • Definitions

  • Bonds

  • Commodities

  • Currencies

  • Equities and Indices

  • Knowing what to trade

3. Market Behaviour and why you should care.

  • What you up against: the other market players. Who are they?

  • How do they trade: using what you learn to your advantage for consistent profits.

  • How to make money with today’s lecture:a trading game.

  • Your capital risk awareness talk.

What you need to know about the markets Lecture 2 Part 2
19:46

In this lecture we will introduce you to the trader's toolbox and also introduce you to markets. What we cover will be as follows:

  1. Understanding Financial Markets

  • Definitions

  • Understanding Instrument Types

  • Terminology

2.  How to choose an instrument and know what to trade.

  • Supply and Demand

  • Contracts, Exchanges and Volume

  • Definitions

  • Bonds

  • Commodities

  • Currencies

  • Equities and Indices

  • Knowing what to trade

3. Market Behaviour and why you should care.

  • What you up against: the other market players. Who are they?

  • How do they trade: using what you learn to your advantage for consistent profits.

  • How to make money with today’s lecture:a trading game.

  • Your capital risk awareness talk.

What you need to know about the markets Lecture 2 Part 3
10:36

In this lecture we open the trader’s toolbox and introduce you to the basic components you need to grasp before you move onto more advanced and complex components at your disposal.

What we cover will be as follows:

  1. A review of the several asset classes

  2. Early access: Point and Figure charts, a component of your toolbox.

  3. Japanese Candlesticks and their interpretation.

  4. Pivot Points and their importance.

  5. Ticks and Pips

  6. Shorting and Longing the market

  7. Lots

  8. Leverage

  9. Margin

  10. Spread

  11. Stops, Stop Losses and Limit Orders

  12. Today’s Summary

  13. Application: mechanics to trading, how to make money with today’s lecture (a trading game).

  14. Your capital risk awareness talk.
The mechanics to trading Lecture 3 Part 1
19:13

In this lecture we open the trader’s toolbox and introduce you to the basic components you need to grasp before you move onto more advanced and complex components at your disposal.

What we cover will be as follows:

  1. A review of the several asset classes

  2. Early access: Point and Figure charts, a component of your toolbox.

  3. Japanese Candlesticks and their interpretation.

  4. Pivot Points and their importance.

  5. Ticks and Pips

  6. Shorting and Longing the market

  7. Lots

  8. Leverage

  9. Margin

  10. Spread

  11. Stops, Stop Losses and Limit Orders

  12. Today’s Summary

  13. Application: mechanics to trading, how to make money with today’s lecture (a trading game).

  14. Your capital risk awareness talk.
The mechanics to trading Lecture 3 Part 3
13:50

In this lecture, we will be reviewing Fundamental analysis and providing a condensed summary plus application to trading. We will focus on instilling an aptitude for research in you, the student, and explain how this leads to statistically and easily predictable profits.

What we cover will be as follows:

  1. Fundamental Analysis: a condensed summary.

  2. Market Sentiment and the economic calendar

  3. Central Banks and other key economic indicators.

  4. Your capital risk awareness talk.

  5. Application: market analysis and its methods, how to make money from this lecture (a trading game).

  6. Useful websites you need to know to become an astute trader and a great real time researcher.

Market Analysis and its methods Lecture 4 Part 1
18:14

In this lecture, we will be reviewing Fundamental analysis and providing a condensed summary plus application to trading. We will focus on instilling an aptitude for research in you, the student, and explain how this leads to statistically and easily predictable profits.

What we cover will be as follows:

  1. Fundamental Analysis: a condensed summary.

  2. Market Sentiment and the economic calendar

  3. Central Banks and other key economic indicators.

  4. Your capital risk awareness talk.

  5. Application: market analysis and its methods, how to make money from this lecture (a trading game).

  6. Useful websites you need to know to become an astute trader and a great real time researcher.

Market Analysis and its methods Lecture 4 Part 2
16:02

In this lecture, we will be reviewing Fundamental analysis and providing a condensed summary plus application to trading. We will focus on instilling an aptitude for research in you, the student, and explain how this leads to statistically and easily predictable profits.

What we cover will be as follows:

  1. Fundamental Analysis: a condensed summary.

  2. Market Sentiment and the economic calendar

  3. Central Banks and other key economic indicators.

  4. Your capital risk awareness talk.

  5. Application: market analysis and its methods, how to make money from this lecture (a trading game).

  6. Useful websites you need to know to become an astute trader and a great real time researcher.

Market Analysis and its methods Lecture 4 Part 3
18:53

In this lecture we focus on technical analysis, compare it, and build on it from lecture four with Fundamental analysis. We argue how using a mixture of the two improves your Risk of Ruin ratio and gives you better odds or chance at improving your timing, identifying levels and build on your confidence.

What we cover will be as follows:

  1. Technical Analysis

  2. Fundamental vs Technical analysis

  3. Analysis toolbox: new components to add to your arsenal

  4. Importance of price actions

  5. Japanese Candlesticks

  6. Engulfing Patterns: helping you to have a better feel of the market

  7. Application: Candlesticks, shedding light on opportunities and how to make money from today’s lecture (trading game).

  8. Your capital risk awareness talk.

Putting our primary focus on candlesticks, Lecture 5 Part 1
12:31

In this lecture we focus on technical analysis, compare it, and build on it from lecture four with Fundamental analysis. We argue how using a mixture of the two improves your Risk of Ruin ratio and gives you better odds or chance at improving your timing, identifying levels and build on your confidence.

What we cover will be as follows:

  1. Technical Analysis

  2. Fundamental vs Technical analysis

  3. Analysis toolbox: new components to add to your arsenal

  4. Importance of price actions

  5. Japanese Candlesticks

  6. Engulfing Patterns: helping you to have a better feel of the market

  7. Application: Candlesticks, shedding light on opportunities and how to make money from today’s lecture (trading game).

  8. Your capital risk awareness talk.

Putting our primary focus on candlesticks, Lecture 5 Part 3
13:42
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Technical Analysis simplified.
4 Lectures 40:48

In this lecture we focus on building your trader toolbox. We highlight some techniques but won’t go in detail with all studies and oscillators. We focus on support and resistance techniques, breakout analysis and probabilities.

What we cover will be as follows:

  1. Building onto your toolbox

  2. Support and Resistance Technique

  3. Identifying Breakouts and Possible Breakouts

  4. Applying price action techniques to this lecture

  5. Summary Points

  6. Application: technical charting how to make money from this lecture (a trading game).

  7. Your capital risk awareness talk.
Technical Charting and How it can Transform your odds: Lecture 6 Part 1
11:13

In this lecture we focus on building your trader toolbox. We highlight some techniques but won’t go in detail with all studies and oscillators. We focus on support and resistance techniques, breakout analysis and probabilities.

What we cover will be as follows:

  1. Building onto your toolbox

  2. Support and Resistance Technique

  3. Identifying Breakouts and Possible Breakouts

  4. Applying price action techniques to this lecture

  5. Summary Points

  6. Application: technical charting how to make money from this lecture (a trading game).

  7. Your capital risk awareness talk.
Technical Charting and How it can Transform your odds: Lecture 6 Part 3
10:51

In this lecture we will cover retracements, when we are likely to see them and how a trader can use them to make profits. We will also expand and layer on Support and Resistance techniques: make meaning of descending triangles; and, make meaning of ascending triangles. Will also touch on Fibonacci Fans and Fibonacci Retracements.

What we cover will be as follows:

  1. Retracements, Fibonacci Fans, Fibonacci Retracements: what you need to know.

  2. Ascending Triangles

  3. Descending Triangles

  4. ADR - Average Daily Range

  5. A condensed summary of this lecture.

  6. Application: building on your toolbox, how to make money from today’s lecture (a trading game).

  7. Your capital risk awareness talk.
Building your toolbox: Lecture 7 Part 1
08:59

In this lecture we will cover retracements, when we are likely to see them and how a trader can use them to make profits. We will also expand and layer on Support and Resistance techniques: make meaning of descending triangles; and, make meaning of ascending triangles. Will also touch on Fibonacci Fans and Fibonacci Retracements.

What we cover will be as follows:

  1. Retracements, Fibonacci Fans, Fibonacci Retracements: what you need to know.

  2. Ascending Triangles

  3. Descending Triangles

  4. ADR - Average Daily Range

  5. A condensed summary of this lecture.

  6. Application: building on your toolbox, how to make money from today’s lecture (a trading game).

  7. Your capital risk awareness talk.
Building your toolbox: Lecture 7 Part 3
09:45
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Using Technical Analysis holistically
3 Lectures 44:56

In this lecture we look at the various platforms one can use. Depending on whether you are going to be an FX trader, CFDs or Futures trader we recommend a platform we feel will be the best objectively suited for you. However, every student is more than welcome to pick and choose a platform that is best suited to their needs.

What we cover will be as follows:

  1. Introduction to trading platforms.

  2. Determining the right platform for yourself.

  3. Our recommended platforms and our reasons for recommending them.

  4. Reviewing features of our recommended platforms

  5. Start Paper Trading

  6. Helping you apply what you have learnt so far in a simulated environment.

  7. Importance of back testing and training your trading mindset

  8. Application: simulated trading: making the most of your lectures,how to make money from today’s lecture (a trading game).

  9. Your capital risk awareness talk.

Simulated Trading: making the most of your lectures - Lecture 8 Part 1
10:22

In this lecture we look at the various platforms one can use. Depending on whether you are going to be an FX trader, CFDs or Futures trader we recommend a platform we feel will be the best objectively suited for you. However, every student is more than welcome to pick and choose a platform that is best suited to their needs.

What we cover will be as follows:

  1. Introduction to trading platforms.

  2. Determining the right platform for yourself.

  3. Our recommended platforms and our reasons for recommending them.

  4. Reviewing features of our recommended platforms

  5. Start Paper Trading

  6. Helping you apply what you have learnt so far in a simulated environment.

  7. Importance of back testing and training your trading mindset

  8. Application: simulated trading: making the most of your lectures,how to make money from today’s lecture (a trading game).

  9. Your capital risk awareness talk.

Simulated Trading: making the most of your lectures - Lecture 8 Part 2
19:59

In this lecture we continue to build on your trading toolbox. 

What we cover will be as follows:

  1. Moving Averages

  2. Retail Trading

  3. Counter Retail Trading

  4. The Proprietary Trading Profession: your gateway to potentially high returns

  5. A condensed summary

  6. Application: Retail Trading, how you can use this lecture to make money (a trading game).

  7. Your capital risk awareness talk
Retail Trading and Counter Retail Strategy - Lecture 9
14:35
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Managing Risk to Maximising your profits.
3 Lectures 32:09

In this lecture we will discuss risk in detail. We will introduce probabilities and how to mentally remove emotional tendencies out of your trading: helping you distinguish between winning and losing trades quickly.

What we cover will be as follows:

  1. Risk

  2. Working out your exposure

  3. Probabilities and Risk & Reward

  4. The need for portfolio diversification

  5. A condensed Summary

  6. Application:  Risk Assessment, how you can make money from today’s lecture (a trading game).

  7. Your capital risk awareness talk.
Risk Assessment - Lecture 10 Part 1
12:51

In this lecture we will discuss risk in detail. We will introduce probabilities and how to mentally remove emotional tendencies out of your trading: helping you distinguish between winning and losing trades quickly.

What we cover will be as follows:

  1. Risk

  2. Working out your exposure

  3. Probabilities and Risk & Reward

  4. The need for portfolio diversification

  5. A condensed Summary

  6. Application:  Risk Assessment, how you can make money from today’s lecture (a trading game).

  7. Your capital risk awareness talk.
Risk Assessment - Lecture 10 Part 2
13:11

In this lecture we teach you to apply what we have taught you in a professional way. We introduce you to journaling and why reports are essential to winning traders. We revisit the psychology of trading, and give guidance to common tips and tricks that Professional Traders like to use.

What we cover will be as follows:

  1. Introduction to daily morning reports and how to write them

  2. Introduction to weekly outlook reports and how to write them.

  3. Introduction to end of week reports and how to write them.

  4. A revisit to the Trader’s Psychology

  5. How to setup your charts

  6. Knowing your own rules and limitations, and identifying the most suitable winning strategies for your circumstances.

  7. Tips and Tricks of the trade.

  8. Commencement of your two week assessment, with active feedback on request, plus evaluation.

  9. Your capital risk awareness talk.

Application - Lecture 11 explained
06:07
About the Instructor
Collins Bunjira
5.0 Average rating
1 Review
14 Students
1 Course
Professional Proprietary Trading Tutor

In the last ten years, Collins Bunjira has been a professional Energy Commodities and Stocks, as well as Indices and Bonds trader, as a Retailer, Counter Retailer and a Proprietary Trader. 

The part everyone wants to know is this: he has managed to do so profitably and at a professional level.  With his experience, he aims to share with students: practical knowledge on how to become a professional trader and in a structured way. 

The courses he makes are not only user friendly, but are made with beginners in mind. Try some of these courses today and leave your feedback and testimonials for the benefit of the next future students!