Futures Trading Education

The futures trading education from The Private Banker is a four steps needs based written as well as video documented program on helping traders establish a solid base of understanding the markets and identifying trade opportunities while effectively managing risk through the use of various analytical tools and structural references. This is an advanced institutional level approach to trading which is centered around the Auction Market Theory process, and other closely related concepts so, it is not a paint by numbers/buy green, sell red type of trading. Anyway, the methodology is simplified for the sake of comprehension.

With that being said, here is an overview of the topics covered in this educational program:

Step 1: Top Down Technical Analysis
In this important first section you can learning how to look at the markets from a larger scale into a smaller scale. We employ the top down (macro to micro) technical analysis to understand the overall market structure and the path of least resistance. It is a filter procss to not only understand the path of least reistance but to understand what the market is telling us, and bring that into an intra-day and swing trade thesis. To listen and read the market "story" we utilize various chart time periods to look at the market first from a zoomed out perspective and bring this in to an intra-day level with several tools like Price Channels, VWAPs and Moving Averages to help in understanding this accurately. It is essential to achieve the abillity to be aware of a balanced or imbalanced market conditions on various time frames.

Step 2: Risk Management
In this educational section there will be a discussion around risk management and ways to appropriately handle risk. The goal of this section is to remind you of the common pitfalls in trading and ways to overcome them, as well as show you how to approach risk from a professional perspective. Traders face a variety of risks well beyond the thought of taking a stop loss. This would include for example Financial Risk, Technology Risk, Opportunity Risk, Event Risk, Psychological Risk and some more. A trading method should really be centered around risk management over anything else because it is perhabs the most important element in our day-to-day trading. Subsequently we then move into risk management while executing trades including reasonable stop placements.

Step 3: Trade Methodology
In this section you will actually learn how we trade with various tools like the TPO profile, Footprints and other nuances. We cover some general filters we apply on each session that are then paired with our game plan and overall market context. This includes topics about the diffrent TPO shapes, initial balance, layering, measuring the success or failure of a trade and other significant elements in our trading. Additionally to all this covered written topics we provide an in-depth volume at price presentation to get familiar with the footprint chart. By the way at this point we declare that it is crucial to read and understand the previous two sections before you move into this piece of educational content.

Step 4: Performance Tracking and Planning
In our last piece of educational content you will learn how to measure your trading performance in a professional non-emotional way with ready to download Performance Tracking Spreadsheets.

In summary we teaching our community members to view the market as an institutional trader as opposed to a retail trader. Also furthermore we provide you with our chart templates and various indicators we use in our daily trading. Take what works best for you and apply it to your own unique way of trading because we think trading needs to be unique to the individual. Reason being, people will inherently process information differently.

This four step educational program is available with a membership on our bespoke trading community specifically for professional and aspiring to be professional traders that utillize or are interested in learning The Private Banker concepts as a foundation to their trading and investment management.

Thank you for reading this post. We looking forward to see you on our trading community.

The Private Banker

The Private Banker Blog - Advanced Futures Trading

The Private Banker Blog will be a place to share some of our trading analysis on various futures markets like Crude Oil or the E-Mini S&P 500 contract. We employ a Top Down Technical Analysis (macro to micro) to find the path of least resistance and to understand the overall market structure. We use this filter process to not only understand the path of least resistance but to understand what the market is telling us, bring that into an intra-day and swing trade thesis and combine this with a advanced risk management approach. Additionally, there are several tools like the Volume Weighted Average Price (VWAP), Footprints, Volume Profile / TPO Profile and Cumulative Delta we use to help in understanding this accurately.

Our Trade Methodology identifies logical trade locations with reasonable stop and target placements. This is not a paint by numbers/buy green, sell red type of trading. Its very discretionary and advanced but it is simplified for the sake of comprehension.

Also, The Private Banker providing an opportunity for traders to learn at their own pace through an online trading community with professional like minded traders and a trading education section. With the trading education section you learn how we use the several tools and trade. You can take what works best for you and apply it to your own unique way of trading because we think trading needs to be unique to the individual. Reason being, people will inherently process information differently.

With that being said, we look forward to see you in our trading community. Thank you for reading and enjoy our blog!

Cheers,

The Private Banker