On-Location Trading Course Description: Mastering the Online Trading Platform

Course Description

This is an intense 3-day Platform Immersion Course. It has been designed to give graduates of any of our Professional Trader courses a deeper insight into the utilization of state-of-the-art Trading Platforms. This is a “hands-on” learning experience. You will work on your own work station – creating your own layouts, tool combinations and getting deeper answers as you practice.  This course does not cover trading techniques but will provide students a better understanding of how to execute the strategies and tactics learned in our other classes. You will learn to execute your trade “setup” automatically and set alerts to tell you “when” and “where.”   This course will cover everything from organizing your desktop to the use of advanced charting and analysis tools.  This course features Best of Breed, award winning platform. Please check with your local Center for which version is being offered. This course is a “must” to truly understand the deeper functions of any electronic trading interface.

We “tell” you how to do it. We will “show” you how to do it – then You Will Do It!

At the end of the course, we will show you how to email your new layouts to your home (webmail access required) so you have a working edition waiting for you to launch.

(Depending on scheduling, this program features live streaming data for trade scenarios.)

Course Outline

DAY 1

• Class Introduction
• Features and Benefits of High Level Trading Access
• Class Goals
• Introduction and Description of the Online Trading Academy Stock Setup
• The Electronic Working Environment
• Preferences (“Global”)
• Desktops (Menus, “Bars”)
• Workspaces (Collections of Windows)
• Windows (With Toolbars)
• Windows and their toolbars
• Toolbars are window-specific
• Toolbars can be customized or created
• Charts
• Account Managers
• Depth of Market
• Time & Sales
• Market Monitoring Screens

• Charting
• Charting Basics
• Pointers – hold down button on or off the bars
• Pointer Tracking
• Chart Preferences                          
• Multiple ways to get access to drawing resources
• Drawing Menu
• Chart Analysis Toolbar
• Drawing Toolbar              
• Support and Resistance – many choices
• Horizontal S/R – the line tool (Format, labels, alerts)
• Fibonacci Retracements (other tools later)
• Trend Lines – formatting, labels, data tip with angle indicator
• Use New Parallel to make a channel
• Use Format Calculation to make a Linear Regression line
• Use New Parallel to make a linear regression channel
• Linear Regression Tool (one-step LR channel)
• Andrews Pitchfork
• Time-Based Drawing Tools
• Gann fans – make the 1X1 line 45 degrees
• Fibonacci Cycles
• Fibonacci Speed/Resistance lines                            
• Other Charting Tools/Settings
• Text Tools
• Rectangles and Ellipses
• Sub-graph Margin setting
• Space to the Right Setting
• Analysis Techniques
• Types - Indicator, Scan specifics, Graphic enhancers, Activity Bar, Standard Deviation Mapping
• Indicators
• The Standards – MA’s, MACD, RSI, CCI, Stochastics
• Additional Indicators – Money Flow, Trin
• Create your own indicator – Moving Average 8-50-200
• Getting and using 3rd-party indicators
• ELD Files
• Scan specifics – [example – PivotLow]
• Graphic enhancers – [example MACD Gradient]
• Activity Bars - [example – Up vs. Down Strength]
• Standard Deviation - [example – Normal Range]

DAY 2

• Symbol Lists
• Groups of symbols to work with simultaneously
• Ways to create and use existing lists
• Market Monitoring
• Watchlist on steroids
• Unique capabilities – “Tabular charting”
• Saving and using Analysis Groups (groups of indicators)
• Alerts
• Scanner
• Scan the whole market or user-defined subsets
• Use many pre-defined scan criteria, or create your own
• Results can be put into a Symbol List
• User Defined Scans
• Fast, predefined lists of biggest gainers, gaps, etc.
• Update in real time
• Faster than a Scanner, quicker to set up than a Market Monitoring List
• Strategy Trading
• Introduction – More on day 3

DAY 3

• Order Entry and Management
• Order Bar
• Account Manager
• Position Graph Bar
• Matrix
• OCO/OSO Orders

• Strategy Trading
• The strategy development process
• Using preloaded strategies
• Changing strategy parameters (Inputs)
• Optimizing strategies
• Back-testing strategies

• Macros, Hotkeys and Toolbars
• Standard macros and hotkeys
• Help – Command Line Reference for macro commands
• Creating a new Macro – Panic Button
• Assigning a macro to a Hotkey
• Adding a Macro to a Toolbar

• Other Features
• Backup/Restore
• Account Manager Analysis report
• Downloading Transaction Details (tax info)
• Window templates

Class Locations and Dates