Once you graduate from this course, you can take it over and over again for FREE! Tuition rebates are also available from our affiliated broker/dealers!
Course Description
This 2-day introductory course is for the trader who has some trading background in equities and technical analysis but wants to understand Commodity Futures.
We will concentrate on both the fundamental and technical peculiarities of trading these highly leveraged instruments. The course runs 2 days.
You will learn:
• Effects of supply and demand
• Introduction to Commodity Futures
• How to Trade Electronically with Direct Access
• Obtain Great Leverage of as much as 10 : 1 or higher
• Limit and Lock Limit Moves
• Introduction to Spread Trading
• What to ask before Opening a Brokerage Account
• Psychology for Futures Trading
• Risk & Money Management Skills
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
Morning Session 9:00 -10:30 (7am start on Weekdays)
I. Introduction (student & instructor) and student experience
II. Overview of 2 day course.
III. Introducing Commodity Futures
IV. Why Trade Futures?
V. Taxes
VI. Why Commodities are good to trade now.
Break 10:30 – 10:40
2nd Morning Session 10:40 – 12:00
I. What is a Futures contract and Delivery Months?
II. Margin / Leverage
III. Selling Short in the Futures Markets
IV. Limit Moves
V. Volume and Open Interest (Unique to Futures Markets)
Lunch Break 12:00 – 1:00
Afternoon Session 1:00 – 2:30
I. Largest Exchanges and their products offered
II. Functions of Clearing Firms, Exchanges and Brokers
III. Roles of the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC)
IV. Brokers (Electronic / Pit): Questions to ask your Broker when opening an account
V. Participants of the Futures Markets (Small/Large Speculators and Commercials)
Break 2:30 – 2:40
2nd Afternoon Session 2:40 – 4:00
I. Risk & Money Management Skills for Futures
II. Psychology for Futures Trading
III. Review Day’s Material
Morning Session 9:00 - 10:30 (7am start on Weekdays)
I. Trading Plans / Journals for Futures
II. Hedging (Basic example of a Commodity Hedge)
III. Spreads (Using Spreads to control Risk)
IV. Options Primer (Using Options to control Risk and Establish Positions)
Break 10:30 – 10:40
I. CFTC Commitment of Traders Report
II. Normal & Inverted Markets
III. Relative Strength to Pick a Contract to Trade
IV. Seasonal Patterns
V. Putting a Commodity in your “Sights” with Fundamental Analysis
VI. Where to find Fundamental Statistics for your Commodity (USDA, DOE,etc)
2nd Morning Session 10:40 – 12:00
I. Technical Analysis (Futures are more Technically Driven than Equities)
II. Identifying Support / Resistance Levels
Lunch Break 12:00 – 1:00
Afternoon Session 1:00 – 2:30
I. Tools to Identify Trends
II. How to use Oscillators to Trade Futures
III. Using Multi Time Frame Analysis to Increase your Profits
IV. Steps to Pulling it all together
V. Review Day’s Materials
Class Locations and Dates
Locations
Dates
Irvine, CA 18004 Sky Park Circle Suite 140 Irvine, CA 92614 888-841-8418 949-475-5652
July 30 - 31 December 1 - 2
Atlanta, GA 1351 Dividend Drive, SE Suite G Marietta, GA 30067 866-955-1905 770-955-1900
October 8 - 9
New York City, NY 42 Broadway 2nd Floor New York, NY 10004 888-682-2580
"That’s just what I was looking for … Kris is a gifted teacher. He has a great room presence. The fact that he is a seasoned, highly skilled professional commodity trader transforms this class into a special treat. Learning from such an experienced expert is a unique opportunity."
Mario C., May 2007
“Each time I attend a class at Online Trading Academy, I leave feeling more confident about trading. I have a greater understanding of what I am doing wrong, and feel better at correcting those mistakes.”
Robert M., May 2006
"If you want to learn Economics, go to college. If you want to learn how to trade, by all means attend Online Trading Academy!"