- Overview
- Syllabus
- What we offer
- Requirements
Overview
Course Start Date
October 2013
Course Timetable
One evening per week from 6:30pm-9:00pm for 10 weeks.
Key Benefits
*This course is ideal for individuals who wish to explore the development of an additional income or who might be considering working at day trading on a part/full time basis.
*The course aims to benefit the individuals who have invested with 3rd parties such as brokers and financial advisors and have suffered poor returns and now want to trade independently.
*This course is suitable for beginners and those who have some experience trading independently but are looking to develop and increase their knowledge and improve performance.
Who should attend this course?
* Those interested in learning techniques to make money in both up and down markets
*Beginners interested in the financial markets and want to develop a low risk strategy
*Existing part time traders who want to improve their knowledge and provide an income
*Property Investors who want to diversify and form an active trading plan
*Persons already trading financial instruments such as Spread Betting, CFDs or other leveraged items, where their capital is at risk
Contact Details
enquiries@independentcolleges.ie
T: 01 635 5826
M: 086 043 6247
Overview
This course has been exclusively designed and developed by professional traders to provide a unique approach and insight into the world of financial trading. The program is specifically designed for participants both new to the world of financial trading as well as those who want to improve their trading skills. You will learn techniques of how to make money in both up and down markets directly from financial trader professionals with strong attention to risk control.
At the start of the course participants are allocated ¢10,000 of risk free money on a demonstration trading account. The course will then provide you with a comprehensive plan of critical time sensitive information necessary to trade profitably in the financial markets.
This learning combined with a unique, insightful and active approach to financial trading is carried out under the supervision of professional traders.
To ensure key learning's are met, the course has been designed to provide for Continuous Assessment on a weekly basis. This helps to ensure that you gain and retain a unique and practical view of the world of trading, as seen through the eyes of financial trader professionals.
A key objective of the course is the development of a trading plan for you. The trading plan is introduced from the start of the course and is developed each week. The trading plan is a complete set of rules that covers every aspect of your trading. It will provide the user with the skills necessary to ensure strong risk and money market management to ensure a disciplined approach to trading.
The use of a robust trading plan is key to the success of a trader. It removes a lot of the stress and emotion associated with trading, which helps traders improve and focus on their performance. The plan provides a roadmap which will enable the trader to get from where they are at in the beginning to where they want to be in the future.
Ultimately a good trading plan will enable a trader to react positively to changes in the markets, which increases the trader's success.
Approval
This course has been approved by the LIA ( Life Assurance Association). The LIA is an educational and professional association for individuals working in the financial services industry. For more information on the association click here.
Course Duration
10 Weeks
Course Fees
Full Time: n/a
Part Time: €795 (Payment plan options available- Please call 01 672 5058 for details)
Syllabus
FINANCIAL TRADING SYLLABUS
Introduction to Trading
Learning Goals:
- Differences between trading and investing
-Key Success Factors for professional traders
- Introduction to trading instruments
- Trading concepts and terms
Psychology/Trading Plan
Learning Goals:
- Psychological makeup of top traders
- Key elements of a trading plan
- Developing your trading plan & maximising the psychological benefit
Risk Management
Learning Goals:
- Keys to effective risk management for traders
- Pitfalls to avoid
- Templates and examples of good risk management strategies
- Review of the previous week's trading plan & Continuous Assessment
Product Analysis
Learning Goals:
- Overview of the main types of markets (Equity, Bonds, Commodities)
- Basic analysis that needs to be looked at before trading?
- Introduction of a product factsheet
- Review of the previous week's trading plan & Continuous Assessment
Macro Fundamentals
Learning Goals:
- Basic Macroeconomic figures and their impact
- Inflation/ Interest rates and their impact
-Examples of how to trade using Macroeconomic analysis
- Review of the previous week's trading plan & Continuous Assessment
Technical Analysis (Day 1)
Learning Goals:
- Introduction to Technical Analysis
- Basic chart patterns
- Examples of trading using basic chart patterns
-Review of the previous week's trading plan & Continuous assessment
Technical Analysis (Day 2)
Learning Goals:
- Leading vs. Lagging indicators and how to combine
- Advanced technical indicators
- Examples of trading using advanced technical analysis
- Review of the previous week's trading plan & Continuous assessment
Performance Analysis
Learning Goals:
- Personal performance metrics
- Performance analysis templates/tools
- Using performance analysis to build an effective trading plan
- Review of the previous week's trading plan & Continuous Assessment
Advanced Trading Strategies
Learning Goals:
- Introduction to Spread Trading
- Spread Strategies: Commodity, Stock pairs, Relative value
- Using correlation analysis as part of your trading preparation
- Review of the previous week's trading plan & Continuous Assessment
Course Review
Learning Goals:
- Presentation of the trading plan
- Preparation for the Diploma exam
What We Offer
Our service was developed and launched in 2010 as a direct response to a period of almost unprecedented and sustained financial market turmoil. This has resulted in a major decrease in asset values since 2007 and the destruction of private individual's wealth.
In the marketplace for financial services that existed in Ireland over the past 10 years, financial and property advisers had a vested interest inflating asset prices, through the benefit to them of higher commissions. In many cases the customer was the loser in this arrangement, who after taking all the investment risk did not realise a return. Indeed in many investments clients suffered partial or complete loss of their invested capital.
Therefore there is now real demand for individuals to take ownership of their own investment portfolios and financial decision making.
In this new trading environment where the rules of engagement have become unclear, and advice dubious, it is incumbent on the private investor to back themselves and develop their own financial knowledge and skills.
To address this market requirement our lecturers have designed a professional market leading course which will give clients the know how they need to do their own financial trading.
Meet the Lecturers
Charles Ellis
Charles has been trading derivative products for the past 9 years, focusing mainly on the equity, fixed income and energy markets. He is currently General Manager of Dublin based trading firm Novus Futures, and prior to that was a trainer and senior trader with Geneva Trading in their Dublin office. He has designed and lectured in the Diploma in Financial Trading course since its inception, as well as training professional traders in Ireland, the UK and China. Overall he has taught over 200 traders to date on the diploma course including some who have subsequently secured full time positions as traders. Charles holds a Masters in Economic Science from UCD.
Barry McCarthy
Barry holds a BComm. and M.Econ.Sc. from UCD. Since 2001 he has made his living working independently as an active day trader in the financial markets. He has worked previously in Dublin with Geneva Trading, a proprietary trading firm, as well as spending three years working in Gibraltar and two years in Singapore. During this time, he successfully recruited, trained, and financially backed over twenty profitable traders. When teaching, Barry brings his experience as an independent trader to the students by focusing on practical trading strategies and illustrates the theory with practical examples from the markets.
Michael McCarthy
Michael has 11 years experience as a professional derivatives trader both in Dublin and London. He qualified with a Bachelor of Business Studies degree from DCU and also holds a Post Graduate Diploma in Education. He has successfully traded equity indices, fixed interest and commodity products through direct market access for many years. His lectures have a strong emphasis on risk management and he holds the Financial Risk Manager (FRM) designation from the Global Association of Risk Professionals (GARP). He also holds a professional licence from Eurex derivatives exchange and still actively trades his own account. He focuses on challenging students to critically question their trading methodologies as they progress through the course to eventually arrive at a clear and robust trading plan that will serve as a base for successful trading.
David Flynn
David has nearly 20 years of experience trading major Equity, Fixed Income, FX, Energy, Precious Metals, Grains, Soft Commodities & Livestock markets. He started out as an entry level clerk in the U.S. 30 Year Treasury Bond Pit at the Chicago Board of Trade in 1993. He has worked in the Proprietary Trading and Hedge Fund Industry for the past 12 years. He traded at the famed Brevan Howard, Global Macro hedge fund from 2006 until 2010. Currently, he runs a hedge fund consultancy business and is also the founder and owner of the radar trader website. David holds a CTA (Commodity Trading Advisor) license. He teaches on the subjects of Technical Analysis as well as Leading Data.
In addition to the above, Charles and Barry have created and successfully delivered the Diploma in Financial Trading course for Independent Colleges.
To date, Charles and Barry have together taught and trained over 150 traders.
Requirements
This course is ideal for individuals who wish to explore the development of an additional income or who might be considering working at day trading on a part/full time basis.
The course aims to benefit the individuals who have invested with 3rd parties such as brokers and financial advisors and have suffered poor returns and now want to trade independently.
This course is suitable for beginners and those who have some experience trading independently but are looking to develop and increase their knowledge and improve performance.
