Proprietary Trading Course

Lesson 1 • What Proprietary Trading Is

Defines prop trading versus agency trading and asset management. Establishes the core distinction that underpins every subsequent chapter.

Lesson 2 • Regulatory and Compliance Basics

Introduces trader registration, conduct rules, and reporting obligations without jurisdiction-specific codes. Grounds traders in compliance awareness from day one.

Lesson 3 • Market Structure and Participants

Explains how exchanges, dark pools, and OTC venues function. Connects venue mechanics to execution quality and opportunity identification.

Lesson 4 • Prop Firm Business Models

Compares funded-account programmes, in-house desks, and remote trading setups. Helps traders choose the right firm structure for their goals.

Lesson 1 • Volatility and Market Regimes

Quantifies volatility using ATR and historical ranges to classify market regimes. Prepares traders to adapt strategy selection to current conditions.

Lesson 2 • Candlestick and Bar Chart Reading

Teaches interpretation of individual candles and multi-bar sequences as supply-demand signals. Forms the visual language for all technical analysis ahead.

Lesson 3 • Order Flow and Tape Reading

Reads the live order book, time-and-sales feed, and footprint charts to gauge real-time buying and selling pressure.

Lesson 4 • Trend Analysis and Market Phases

Defines uptrend, downtrend, and range phases using swing structure. Enables traders to align strategy bias with prevailing market conditions.

Lesson 1 • Volume Analysis and Market Profile

Uses volume-at-price and market profile to locate value areas and high-volume nodes. Adds structural context that pure price charts cannot provide.

Lesson 2 • Chart Patterns and Breakouts

Identifies flags, wedges, triangles, and head-and-shoulders formations with measured targets. Links pattern completion to entry triggers and profit objectives.

Lesson 3 • Moving Averages and Trend Indicators

Covers SMA, EMA, and VWAP as dynamic support and bias filters. Connects moving average crossovers and slopes to directional trade decisions.

Lesson 4 • Multi-Timeframe Analysis

Aligns signals across daily, hourly, and intraday charts to filter low-probability setups. Establishes the top-down analysis workflow used throughout the course.

Lesson 1 • Defining and Measuring Edge

Quantifies edge using win rate, average reward-to-risk, and expectancy formulas. Establishes the mathematical standard every strategy must meet before live deployment.

Lesson 2 • Scalping and Intraday Strategies

Applies tight-timeframe entries for small, frequent gains using order flow and level-based triggers. Addresses the unique execution demands of high-frequency intraday trading.

Lesson 3 • Momentum and Breakout Strategies

Designs rules-based entries on range breakouts and intraday momentum surges. Covers catalyst identification, entry triggers, and stop placement for each setup.

Lesson 4 • Swing and Multi-Day Strategies

Holds positions overnight using daily chart setups and catalyst-driven thesis. Extends the trader's toolkit beyond intraday to capture larger price moves.

Lesson 1 • Trade Management During Live Sessions

Adjusts stops, adds to winners, and exits losers in real time using predefined rules. Bridges the gap between planning and disciplined in-session execution.

Lesson 2 • Slippage, Spread, and Execution Costs

Quantifies the cost of slippage, bid-ask spread, and commissions on strategy profitability. Teaches traders to factor execution costs into edge calculations.

Lesson 3 • Direct Access and Order Routing

Routes orders to specific venues using direct-access platforms for speed and price improvement. Connects routing decisions to execution cost and fill probability.

Lesson 4 • Order Types and Their Applications

Distinguishes market, limit, stop, and conditional orders and their appropriate use cases. Prevents costly execution errors caused by wrong order type selection.

Lesson 1 • Position Sizing Fundamentals

Calculates share or contract size from account risk percentage and stop distance. Prevents oversizing, the most common cause of account blowup.

Lesson 2 • Stop-Loss and Exit Discipline

Places technically justified stops and enforces hard exits without discretionary override. Builds the mechanical discipline that separates professionals from amateurs.

Lesson 3 • Drawdown Recovery and Sizing Adjustments

Reduces position size during drawdowns and rebuilds systematically after losses. Provides a structured recovery protocol that avoids revenge trading.

Lesson 4 • Daily and Weekly Loss Limits

Sets maximum daily drawdown and weekly loss thresholds aligned with prop firm rules. Teaches traders to step away before small losses become catastrophic ones.

Lesson 1 • Key Performance Metrics

Calculates win rate, profit factor, Sharpe ratio, and max drawdown from journal data. Translates raw trade logs into actionable performance intelligence.

Lesson 2 • Weekly and Monthly Review Process

Structures a recurring review ritual covering metrics, mistakes, and goals for the next period. Institutionalises continuous improvement as a professional habit.

Lesson 3 • Identifying Behavioural Patterns

Segments performance by time of day, session, setup type, and emotional state. Reveals hidden biases and recurring mistakes invisible in aggregate statistics.

Lesson 4 • Strategy Refinement from Data

Uses journal analytics to adjust entry rules, stop placement, and position sizing. Closes the feedback loop between live trading and strategy improvement.

Lesson 1 • Adapting to Changing Market Conditions

Detects regime shifts and adjusts strategy selection, sizing, and frequency accordingly. Prevents the common failure of applying a bull-market strategy in a bear market.

Lesson 2 • Long-Term Career and Growth Planning

Maps the trajectory from junior trader to senior desk roles or independent fund management. Provides a structured career development framework for sustained professional growth.

Lesson 3 • Scaling Up Capital and Responsibility

Manages the psychological and mechanical challenges of trading larger account sizes. Prepares traders for prop firm capital increases and expanded risk limits.

Lesson 4 • Building a Complete Trading Plan

Codifies strategy rules, risk parameters, session schedules, and review processes into one document. Transforms discretionary habits into a repeatable professional system.