Last Updated

May 5, 2022

Students Enrolled

43

Total Video Time

2 hours, 17 minutes

Course Curriculum

    • 011 Why do I need a trading plan? 00:06:00
    • 012 The five Ws and the how 00:08:00
    • 01 Quiz 00:10:00
    • 021 Business Opportunity Analysis 00:12:00
    • 022 Capital Inputs 00:08:00
    • 02 Quiz 00:10:00
    • 031 Personal Awareness 00:15:00
    • 032 Emotional Reactivity 00:13:00
    • 03 Quiz 00:10:00
    • 041 Risk Management Basics 00:18:00
    • 042 Money Management Basics 00:17:00
    • 04 Quiz 00:10:00

Overview

This course module covers the fundamentals every trader should be familiar with and act as the foundation for developing your comprehensive trading plan.    

Learning outcomes

At the successful completion of this course, you should be able to:  

01

 
  • describe the 3 key pillars of the plan,
  • answer the 5 Ws of What, Why, Who, When, Where and the How of your trading,
  • differentiate between monetary, human and intellectual capital, and
  • complete the corresponding sections in the trading plan template.
   

02

 
  • explain the various costs of your trading business,
  • evaluate the probabilities of win and loss trades,
  • objectively assess the viability of active day trading,
  • describe the critical input factors for successful trading,
  • weigh the advantages and disadvantages of trading your own or other people's money, and
  • set both general and specific SMART goals in your trading.
   

03

 
  • explain how cognitive biases may influence your trading decisions,
  • evaluate your own strengths and weaknesses related to your trading,
  • apply methods to recognize your cognitive biases and mitigate and/or eliminate them,
  • understand how emotions may impact your trading decisions,
  • differentiate between temporary and permanent stress reactions, and
  • use regulation techniques to control emotions and remove unfavorable emotions from your everyday trading.
 

04

 
  • describe how changes in various input variable impact probability distributions,
  • use trade- and time-based risk limits to avoid catastrophic loss of your trading account,
  • perform simple Monte-Carlo simulations and interpret corresponding probability distributions,
  • calculate the expectancy value and risk-over-reward ratio of a trading strategy,
  • use the Kelly Criterion to define optimal position size and loss limits, and
  • select corresponding trading vehicles that match your risk profile.

About us

CEED.trading’s mission is to feed trader intuition based on understanding market microstructure and exploiting the constraints of order execution algorithms.

Our office is located in the heart of Central Europe in Budapest, Hungary.

Affiliate Area

CFTC RULE 4.41

Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Testimonials appearing may not be representative of other clients or customers and are not a guarantee of future performance or success.

RISK DISCLAIMER

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. This is neither a solicitation nor an offer to buy or sell futures, options, foreign currencies or any other securities. Past performance is not necessarily indicative of future results.

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