25 Hours Trading Course @ BlackSwan

BlackSwan  has scheduled a 3-Day, 25 Hrs Trading Course during August 13-15, 2011.

1. The details of the Course is given here.
2. This is a full time course from 9.30 am - 5.30 pm. Includes Tea, Snacks & Lunch
3. It covers Technical Analysis & Derivative Strategies.
4. The inspiration is from  SMB Training, Dr Brett, Afraid to Trade.

The Independent Trader

Trading the markets is one of the most challenging endeavors. This is a field where only the best can survive unlike other professions where average can also make a reasonable livelihood.

1. SMB Training elaborates on the daily life of an Independent Trader.
2. Some psychological aspects of Trading
3. Difference between professional and amateur traders by Dr Brett
4. How to become an independent stock trader
5. One of the most tough tasks in becoming a profitable day trader is overcoming Transaction Costs.

MBA/BBA in Financial Markets

A welcome trend is developing in Financial Markets Education. Super specialization and focused curriculum,industry tie-ups are becoming important  for good business education.

1. NSE has tied up with Punjabi University, MDU for BBA/ MBA in Financial Markets.
2. BSE Training Institute is offering MBA- Financial Markets in association with IGNOU
3. FTKMC an associate of MCX is also offering PGD in Financial Markets Practice
4. DMC institute of Capital Markets is also in the process of starting MBA & BBA in Financial Markets
5. ITM institute of financial Markets has a PGDM - Financial Markets course
6. NISM has  a well regarded  1-Yr course called PGPSM
7. BLB Institute of Financial Markets has MBA/BBA in Financial Markets in association with MS University
8. Business India Institute of Finance has a 1-Yr course in Financial Markets
9. IFMR has a highly reputed PGDM- Financial Engineering
10. NMIMS has an MBA in capital markets program in association with BSE

This is only a partial list. Financial Market education is on the rise on the back of NSE's Ravi Narain's comments.

What PRICE should we use?

There are four prices observed in the market. Financial press reports OPEN,HIGH,LOW,CLOSE.

1. There is a difference between Closing Price and Last Traded Price(LTP). NSE provides Closing price as last half an hour VWAP(Volume Weighted Average Price).

2.If Corporate actions(Bonus,Stock Split,Rights) happen how to adjust the price so that when we caluculate returns it does not give a wrong picture ?

3. CMIE-PROWESS gives ACP( Adjusted Closing Price). Yahoo Finance also gives Adj Close data.

World Class education on Trading - for Free

For a motivated student of markets  , Web offers a feast of trading education resources.

1. Understanding Technical Analysis to the core from  Corey Rosenbloom.
2. Concepts and techniques of Intraday Trading  by  SMB Capital
3. You have to drink and eat every post of the God of Trading Psychology.
4. Scholarly education for a speculator from the Giant in the field of Speculation.
5. Plenty of trading ideas and model templates from Stocktwits

Important Readings

Some of the must readings from the resources I follow

1. Brett on Trader Education, Training, Mentoring
2. Victor on Checklist for Traders
3. Nice Humour from Newton Linchen