PHASE-2 LEARNING

Applying Methodology to Sim Account

Prerequisites

  • Completion of AOMTrading methodology test 
  • Having a Sim account at the platform of your choice. (Note: Preference is to have a Sim account at NinjaTrader since Software was developed for this platform)
  • Computer requirements will be driven by the trading platform being used
  • Only two platforms will be used in class: NinjaTrader 8 and Think Or Swim(TOS)

Join the Class:   Click Here

Class Content

The purpose of this course is to reinforce the knowledge obtained in the AOMTrading methodology class. Mainly focused on identifying trading opportunities, placing orders, and trade management.

Master your trade.

  1. Introduction to AOMTrading trading Software suite
    1. aomBBWaves
    2. aomManualStrategy
    3. aomSDZones
  2. Trade Setups
  3. Trade Management nuances defined by Market Conditions
  4. Advanced Analysis  (Hidden Supply/Demand, Volume profile (P, D, b), Gap, Qualifying Demand/Supply )
  5. Configuring chart time frame aligned with specific market and tolerance to loss
  6. Mechanics of placing order
  7. Archive required P&L in SIM account

Skills Gained

  • Focus on each trade execution rather than gain
  • How to validate your expectancy model
  • Confidence in placing an order
  • Trade Execution (3 options of entering trade)
  • Trade management
  • Aligning indicators to specific market volatility (MNQ, MGC, M2K, MYM,CL,6E,etc)
  • How to avoid Bull/Bear traps

Trading in SIM account

  • 1. Markets to trade: MNQ or CL. Other markets allowed upon agreement with instructor.
  • 2. Test Conditions: Starting Capital MNQ - $5000, CL - $20000; Account allowed to be reset after Starting Capital reduced by 20 % For MNQ - $1000 For CL - $4000 Account must be reset after drawdown reached Max Limit of 20%. Drawdown calculated from the peak value of the account.
  • 3. Test Completion: Achieved Profitability is >= 20% of Starting Capital (No time Limit)

Notes

After passing the test, students are ready to trade their own money or other people’s money.  

You may try your skill sets to Earn a Funding Trading Account at Top Step Trader.

Here is the link: www.topstep.com

Pricing

The price for the Intermediate Class is $80.00 per month until cancelled.