BlackBox Sellers of Trading Education

Today I have attended a Seminar ( rather a sales pitch !) by a person in Hyderabad who wants to sell his 3-Day workshop and Trading Software.

1. The company's 3-Day workshop is priced at approx  Rs 40000/-.
2. All techniques of influencing the audience were used by the Trading system seller. Like anchoring the seminar  benefits to Rs 200000/- worth.
3. I personally could not identify with the speaker's motivational seminar with rather using flowery analogies, exaggerated claims, quoting outliers as if they are normal!
4. You can check the company's website  here
5. I would rather refer all my friends to Dr Brett  at www.traderfeed.blogspot.com
6. You have a life time of learning resources here by Dr Brett
7. I take the liberty to recommend you the book TRADING & EXCHANGES by Larry Harris for Rs 400 at 1 % of the company's workshop.

Reflections on F&O Training Program

We have succesfully completed F&O Training program during Nov 28 - 29. Some of my learnings from this workshop

1. The group of 14 participants are very involved. Experienced traders from brokerages, Technical analyst also attended.
2. Innovations in the program included walking through many Derivatives articles by Devangshu Datta in Business Standard, Using Options caluculator in NOW Software.
3. As a team we are able to crack the Option Greeks.
4. Our course pack is compiled from NCFM modules on Derivatives Market dealers module, Option Trading strategies Module, Derivatives & Riskmanagement by J R Verma and Options Trading by Jeff Augen.
5. Need for actionable techniques and immediately useful trading ideas were stressed by some of the participants.

TECHNICAL ANALYSIS MADE EASY ( TAME) 2010

BlackSwan Financial Markets School is offering intensive,detailed, practical training program in Technical Analysis from Oct 2-3,2010 at Hyderabad.

1. The program curriculum is exhaustive, well-structured.
2. Having seen many TA programs lacking the context and becoming mere powerpoint presentations, BlackSwan aims to concentrate on CONCEPT-ORIENTED TA.
3. Dr Brett on Introduction to TRADING
4. TA is but one piece of Learning how to trade.
5. Creating a learning culture for your trading effort.Trading is a mindset and a way of thinking, it is more than entry, exit, stop loss and target.
6. New and developing traders need to have a holistic understanding of market environment and context.
7. Inspiration for this training efforts derived from Dr Brett's thinking.
8. Sharing curriculum of the Trading program is important to asses the quality of the program.

STOCKMARKET APTITUDE TEST ( SMAT) 2010

BlackSwan is proposing to conduct SMAT 2010 a stockmarket aptitude test for all learners interested in Trading & Exchanges.

1. Possible partners for this initiative are Stockbrokers, Exchanges, B-Schools, Media partners like economic news papers and business channels, trading software providers etc.
2. The possible dates for the launch is Nov 2010.
3. The participants will be awarded discounts ranging from 25-100% on a 3- month NCMP Level 4 course.
4. SMAT can be benchmarked to industry needs (for ex StockBroking and financial services employee requirements)

Finance Education in Hyderabad

As I ventured into financial markets education space in Hyderabad, I happened  to meet many interesting people.

1. My  deepest regard for Dr KG Ray of VJIM for his emphasis on Empirical Research and grooming students on research methodology.I learnt a lot from him  academically even though there are minor differences with style of admin. I can vouch for the superiority of VJIM's PGDM program, its pedagogy, curriculum, student culture and Vibrant atmosphere with top class infrastructure.
2. Mr Vishnu Mohan of Firstmove Advisors for his clarity and confidence of his techno-Fundamental approach.
3. Damodar Sai for his Intraday  and Technical analysis skills.
4. Harsha for his expertise in Commodities Trading and advisory.

Financial markets School

Presently my intentions to develop a stockbroking & research office complete with training facilities is taking shape.

1. My intention is to setup an office which offers quality trading facilities , atmosphere and culture from the lessons I learned in typical Brokerage Trading rooms.


2. Can I replicate the atmosphere of University Research Lab with the precision and quality which Brett often describes. It reminds me of Victor's Comments.


3. SMB Training is a pointer in this direction with their daily rigorous structure for preparation, execution and review.


4. The advantage of training operation gives a feedback mechanism and I feel it a natural extension for my academic background


5. Presently youth interested to learn about Financial Markets need more quality training facilities which are accesible, practical oriented, free of anecdotal nonsense,ability to validate with data,Scientific appraoch of viewing the markets.


6. These are available at big cities and reputed institutes like NISM, IICM, IITs etc which are out of reach for Graduates and Other persons interested to make a career in stockmarket or trying to become Professional Traders.


7. Another aspect of developing a professional approach to trading and speculation by retail investors with the help of good information and ways to approach this data can be an area which needs intervention and offers scope for value creation.


8. Is there a positive feedback to Market Training and related activities like Broking, PMS and Research. Since Market is a truly a knowledge and information business, I would hypothesise there are increasing returns to investment in Knowledge creation and dissemination.