Equities Trading - Evening

Students learn the basics of trading in over-the-counter and listed equity markets. This course is not only an invaluable introduction to the equities business, but also serves as a first step to becoming a successful and disciplined trader.

22-Oct-2008 -- 17-Dec-2008New YorkUSD$1975
NY Institute of Finance - Midtown5:45pm - 8:15pm Instructional Method:
Group-Live
Instructor(s): [ Adam Shrager; ] Wed Level: Basic
CPE Credits: 20

Market makers, position traders, day traders, analysts, sales/trading professionals.
No advance preparation required.
Fundamentals of the Securities Industry or equivalent knowledge
  • Technical Analysis - Day
  • Fusion Analysis Suite
  • Equity Derivatives - Day
  • Equity Derivatives - Evening
    • Scheduling Note
    There will be no class session on Wednesday, November 26, 2008 due to the Thanksgiving holiday.
    Session 1

    What is a Nasdaq/Small Cap/ OTCBB/Pink Sheet Equity Security?

    • How do they differ from listed securities?
    • What kinds of stocks trade on the NYSE? The Amex?
    • Order Types: Market, Limit, Stop

    Session 2

    Buy Low, Sell High.

    • Strategies for making money and hedging your risk
    • Options and other vehicles
    • Picking stocks: where do I begin?

    Session 3

    Market Structure

    • Nasdaq: The Montage
    • OTC: The Montage and other display facilities.
    • The ''primary''market
    • The ''third market''

    Session 4

    The Players

    • Market Makers
    • ECNs
    • Specialists and other exchange floor participants.

    Trading Rules and Regulations, including:

    • Limit Order Display
    • Limit Order Protection (''Manning'')
    • Trade-or-Move, Trade-or-Fade, Locked/Crossed markets

    Session 5

    More Trading Rules and Regulations, including:

    • Short Selling, mechanics and rules
    • Margin, equity rules and options rules
    • SOES & SuperSOES

    Session 6

    The Basics of Equity Trading

    • Picking stocks - what have we learned?
    • Taking your shots
    • Setting your stops
    • Trading against large orders
    • ''Gaming'' the marketplace

    Session 7

    Tools of the Trade

    • An introduction to technical analysis
    • Fundamental analysis
    • Money management
    • Portfolio management

    Session 8

    Market Psychology

    • Can we EVER understand behavior?
    • Is ANYTHING predictable?

    Clients who register for this course will receive a complimentary 6 month subscription to the Financial Times and FT.com. The Financial Times is the world's most respected financial newspaper providing a broad assessment on finance, business and the industrial sector. Subscriptions will start within 6-8 weeks of the application process, and are limited to one per client. For questions about your subscriptions call 800-628-8088 or email uscirculation@ft.com. US and Canada enrollees only.

    Lunch included for all students taking day classes.