- After registration, you will receive an email from The Chicago School of Trading so you and your mentor (Dan Keegan or another experienced professional trader) can schedule an online introductory session. This introductory session is not included in the 12 mentoring sessions you will receive. The purpose of this introductory session is to discuss your securities and/or options background and previous trading experience, if any. This will give us a broader understanding of your educational needs and help us to personalize your learning experience.
- You will immediate access to our course Trading Options in both PDF text and online video formats. You can then take the options course at your own pace. You will have continued access to the online video course for review for the period of one year. The online options course is designed to provide both an overview of the options marketplace as well as basic and advanced trading techniques. Each section of the course will include a review of the subject matter. The course will include:
Option Basics
· What are Options?
· Fundamentals of Options
· Value of Options
· Using Options in Trading Strategies
Intermediate Strategies
· Vertical Spreads
· Time Spreads
· Straddles and Strangles
The Greeks
· Delta
· Gamma
· Theta, Vega, and Rho
Advanced Trading Strategies
· Synthetic Puts and Calls, Conversions, Reversals, and Jelly Rolls
· Boxes
· Butterflies
· Front and Back Spreads
Getting Started
· Bid/Ask
· Types of Orders
· Opening an Account
· Choosing a Platform
· Choosing Stocks to Trade
- When you are ready you will notify The Chicago School of Trading to schedule your 12 recorded one-on-one, online mentoring sessions with your personal mentor. You will be able to review these recorded sessions for the period of one year.
- You and your mentor will discuss how to establish and activate the 6 week online virtual trading platform through Options House, an online brokerage. The Options House trading platform was given 4 stars and rated #1 for usability in the 2008 Barron’s Rating of Online Brokers.1 When you feel ready, you will activate your 6 week simulated trading account with real tools and virtual money.
The Chicago School of Trading LLC recommends that you schedule one-on-one mentoring sessions at least once a week during the the 6 week period to discuss and review your virtual trading decisions.
- You may schedule the remaining recorded one-on-one online mentoring sessions, if any, during a period of one year after registration.
- Upon completion of the online options course and your 12 mentoring sessions, you will receive a Certificate of Completion from The Chicago School Trading.
- The price of the Options Course is $5,000.00 US
1Barron's, March 17, 2008, 13th annual survey, "The Best Online Brokers." Overall ratings based on Usability, Trade Experience, Trading Technology, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service, Costs. Usability rating based on overall site design, ease of use and navigation, ability to customize and constant ticket availability. Barron's is a trademark of Dow Jones, L.P.
- After registration, you will receive an email from The Chicago School of Trading, so you can schedule an online introductory session between you and your mentor (Bill Gruzynski, or another experienced professional trader) This introductory session is separate from the 12 hour-long mentoring sessions you will receive. The purpose of this introductory session is to discuss your background in commodities and futures as well as any previous trading experience. This will give us a broader understanding of your educational needs and help us to personalize your learning experience.
- You will immediate access to our course, Trading Futures, in both PDF text and online video formats. Then take the course at your own pace. You will have continued access to the online video course for review for the period of one year. The online futures course is designed to provide both an overview of futures and trading strategies. Each section of the course will include a review of the subject matter. The course will include:
Introduction to Futures
· Development and Evolution
· Futures basics
· Futures Clearing Houses, Exchanges and Over The Counter
· Chicago Mercantile Exchange Group
· Clearing House Mechanism
Regulations
· National Futures Association
· Commodity Futures Trading Commission
· Exchanges
The Competition
· Hedgers
· Speculators
· Independents
· Floor Traders
· Funds
· Fund of Funds/Manager of Managers/Multi-Manager Pools
· CTA/CPO
The Building Blocks
· Exchanges
· Clearing Houses
· Futures Commission Merchant’s
· Introducing Brokers’s
Futures Contracts/Options on Futures
· Currencies, Indices, Interest Rates
· Agricultural
· Metals
· Energies
Pricing
· Contract size
· Premium to cash market
Entering into Trading Positions
· Long and Short
· Spread; Inter and Intra
· Arbitrage
Trading
· Entries and Exits
· Fundamental and technical Analysis
· Worksheets
· Diary
· Trader DNA
Getting Started
· Money management
· Trade sizing
· Risk Management
· Selecting a broker
- When you are ready, you will notify The Chicago School of Trading to schedule your 12 recorded one-on-one, online mentoring sessions with your personal mentor. You will be able to review these recorded sessions for the period of one year.
- You and your mentor will discuss how to establish and activate your virtual trading platform. When you feel ready, you will activate your 6 week simulated trading account with real tools and virtual money.
The Chicago School of Trading recommends that you schedule one-on-one recorded mentoring sessions at least once a week to discuss and review your virtual trading decisions during the 6 week period.
- You may schedule the remaining recorded one-on-one online mentoring sessions, if any, during a period of one year after registration.
- Upon completion of the online options course and your 12 mentoring sessions, you will receive a Certificate of Completion from The Chicago School of Futures and Options Trading.
- The price of the Futures Course is $5,000.00 US