Trading Research – Market Knowledge

Trading Research – Market Knowledge

This course is aimed both at the trader who has just approached the markets but who wants to immediately embark on a professional path, and at the trader who already has experience but who wishes to “clean” information and understand well where to direct your research and identify what is really needed to increase your chances of success in this profession.

We start from the fundamental concepts up to a medium-advanced level; Complete treatment of the first dimension of the market: price action , risk management , money management and much more.

VIDEO COURSE OF OVER 6 HOURS on the following topics:

• Technical elements of the Future contract
• Pit Trading and Screen Trading
• Buying and selling decisions in futures markets
• Mechanical or discretionary approach?
• The methodical-discretionary approach
• Analysis of participants and various operations
• Graphic representations of the price (bar, candlestick, renko)
• What is important to know about candlesticks
• Renko charts – Candlestick vs Renko
• Graphic representations of the volume: vertically, horizontally (market and volume profile)
• Time & Sales and the Footprint Chart (briefs)
• Price action analysis
• Basic concepts
• The fractal characteristic of markets
• The ideal Trades
• What are the indicators calculated on the price with some practical usefulness
• Trading methods
• The Bias
• The context: the Top Down Approach
• Intraday operations
• Intraday reference levels
• Stop Loss and Target
• The true reading of Price Action: Typical Rotations
• Typical Rotations: meaning, calculation and practical use
• The two questions to be continually lost
• What actually makes a methodology profitable
• Risk management
• Money management
• Expectancy
• Record keeping – how to develop the methodology
• The mental-psychological aspect in trading
• Trading like any business and something more
• Connection, Hardware, Software, Datafeed, Newsfeed and Backup
• Put everything together and start the adventure!

EXTRAS INCLUDED

Video tutorial: data extrapolation from the charting software: Calculation of Typical Rotations

How to extrapolate data from the charting software (example with Sierra Charts) to carry out your study of the typical rotations in your financial instrument, in your specific time frame.

Excel Sheet

Prepared for the calculation of expectancy; how to modulate stops and targets in your methodology

Market Knowledge-2 is an advanced course aimed at those who already have experience in the markets and who already have a clear understanding of the concepts covered in Market Knowledge-1.

The other 2 dimensions of the market, Volume and Order-Flow , are addressed in depth , as well as Advanced Money Management and much more.

This is the most advanced operational approach to market reality currently available; fortunately there are now various quality software and datafeeds that allow this type of analysis to be carried out effectively.

THESE ARE SOME OF THE TOPICS COVERED

AMT – Auction Market Theory :

• understand the reality of the market
• price, time, volume, order flow
• balance, unbalance
• Traditional Market Profile
• The normal or Gaussian distribution
• Theory and elements of the Traditional Market Profile
• TPOs vs. Volume Profile

ELEMENTS OF VOLUME PROFILE THEORY (Complete Analysis)

• The Volume Profile (IB, VA, VPOC, COMPOSITE, HVN, LVN, etc…) 
• Market participants – Timeframe control
• Initiative and responsive activity
• Balance, Unbalance and higher time horizons
• Trending Vs. Braking Markets
• Types of days and Initial Balance
• The profile and its completion
• Profiles unbalanced upwards or downwards
• Excesses
• Strong/Weak Highs/Lows
• The force needed to move the value
• Diffusion Model
• Traps and incorrect clichés

VOLUME PROFILE: practical daily operational application

• 1) DEFINITION OF THE MULTIDAY CONTEXT

  – Price action, levels, volatility cycle etc. –
  Daily chart with composite
  – Daily profiles

• 2) IDENTIFICATION OF THE INTRADAY LEVELS WHERE IT MAY BE INTERESTING TO DO BUSINESS

  -O. Inventory, opening in relation to the previous day, previous VPOCs, hypothesis formulation, etc…

• 3) REAL TIME USE DURING THE DAY – opening type, OTF presence, profile development, WH and WL, SH, SL etc..

ORDER FLOW: medium advanced concepts

• Benefits of using Order Flow
• Types of orders
• Supply and demand
• Understanding Liquidity
• Liquidity and Volatility
• How to confirm reversals using the OF
• The use of Order Flow in Prop Trading Firms

TOOLS AND PRACTICAL USE OF THE ORDER FLOW

• Delta Volume and CVD
• Footprint Charts
• Historical DOM and enriched graph DOM
• Heatmaps and graphical representations of the OF
• The order flow to optimize trade management 
• Important Points to Remember About Order Flow

ADVANCED RISK AND MONEY MANAGEMENT

• The 3 psychological limits for correct risk & money management
• The Random effect
• Position sizing
• Entry and exit modes
• R-Multiples
• Expectancy
• MID
• When to press on the accelerator and when not to
• Is it right to define rules and respect them?

TRADING IN A PROP TRADING FIRM

• Our. benchmark
• Advantages and disadvantages

EXTRAS INCLUDED

Video tutorial 1: IB data extrapolation on ES (duration 22min)
Step by step guide on data extrapolation for the typical Initial Balance study of your financial instrument

Video tutorial 2: update and integration of IB studio with range and volume on ES (duration 20 min)

Video tutorial 3: how to create a Footprint Chart on Sierra Charts (duration 10min)

Expectancy Calculation Worksheet MARKET KNOWLEDGE-2
Advanced Money Management