Train on direct market access system under supervision
12
Approval: Direct Market Access System Training
13
Set personal risk limits
14
Approval: Personal Risk Limits
15
Discuss and establish trading strategy with senior trader
16
Approval: Trading Strategy
17
Begin simulated trading
18
Evaluation of simulated trading performance
19
Approval: Simulated Trading Performance
20
Begin live trading under supervision
Sign confidentiality and non-disclosure agreement
Please sign the confidentiality and non-disclosure agreement. This task is crucial to ensure that sensitive information is protected and not shared with unauthorized individuals. By signing this agreement, you acknowledge your commitment to confidentiality and the consequences of violating it. It also serves as an essential step in the onboarding process, allowing you access to confidential information and trade secrets. If you have any questions regarding the agreement, please reach out to the HR department.
Provide personal banking information for compensation purposes
To ensure timely and accurate compensation, please provide your personal banking information. We need this information to set up direct deposits for your earnings. Rest assured that your banking details will be treated with the utmost confidentiality and will only be used for compensation purposes. If you have any concerns or need assistance with this task, don't hesitate to reach out to the HR department.
Completion of HR documentation
Congratulations on reaching this step! In order to proceed with your onboarding process, please complete the necessary HR documentation. These documents include tax forms, personal information forms, and any other required paperwork. The completion of HR documentation is crucial for legal and compliance purposes. Make sure to review each form carefully and provide accurate information. If you have any questions or need further assistance, please contact the HR department.
Enroll in proprietary trading certification course
Welcome to the proprietary trading certification course! This course is designed to equip you with the necessary knowledge and skills to excel in proprietary trading. During this course, you will learn about market analysis, risk management strategies, trading tools, and more. To enroll, please provide your details below. If you have any questions or encounter any issues, please reach out to the training department.
Congratulations on completing the proprietary trading certification course! To proceed further, you need to pass the certification examination. This examination evaluates your understanding and application of the concepts covered in the course. Good luck! If you have any questions regarding the examination or need any assistance, please contact the training department.
Risk management plays a vital role in proprietary trading. To enhance your risk management skills, please attend the risk management training session. This training will cover various risk assessment techniques, position sizing strategies, and risk mitigation methods. It is important to understand and manage risk effectively to ensure successful trading outcomes. If you have any questions or need further information, please reach out to the training department.
Complete product-specific training
Each product has its own unique characteristics and trading strategies. To become well-versed in the products you'll be trading, please complete the product-specific training. This training will provide you with insights into the product's fundamentals, market dynamics, and trading techniques. Make sure to pay attention to the details and ask questions to deepen your understanding. If you need any assistance or have concerns, please contact the training department.
Approval: Product-Specific Training
Will be submitted for approval:
Complete product-specific training
Will be submitted
Set up direct market access system
To start trading efficiently, you need to set up the direct market access system. This system allows for real-time access to market data, execution of trades, and monitoring positions. The direct market access system is an integral part of the trading process and requires proper configuration. If you encounter any difficulties during the setup or have questions, please contact the IT department.
Train on direct market access system under supervision
To ensure a smooth transition to live trading, you will be trained on the direct market access system under supervision. During this training, you will learn how to navigate the trading platform, execute trades, manage positions, and utilize various features. Make the most of this training opportunity, ask questions, and practice until you feel comfortable. If you have any issues or need assistance, please reach out to your assigned supervisor.
Approval: Direct Market Access System Training
Will be submitted for approval:
Train on direct market access system under supervision
Will be submitted
Set personal risk limits
Managing risk is crucial in trading. It is important to establish and adhere to personal risk limits to protect your trading capital. Please set your personal risk limits based on your risk tolerance, trading strategy, and financial goals. It is recommended to consult with your senior trader or supervisor for guidance on setting appropriate risk limits. If you have any questions or need assistance, please reach out to your senior trader.
1
Evaluate market conditions
2
Define maximum loss per trade
3
Set daily/weekly loss limits
4
Determine maximum position size
5
Establish stop-loss levels
Approval: Personal Risk Limits
Will be submitted for approval:
Set personal risk limits
Will be submitted
Discuss and establish trading strategy with senior trader
Collaboration with your senior trader is essential to develop an effective trading strategy. Please schedule a meeting with your senior trader to discuss and establish your trading strategy. During this meeting, consider factors such as market analysis, risk tolerance, timeframes, and trading techniques. Your senior trader will provide valuable insights and guidance to help you create a well-defined trading strategy. If you have any questions or need further instructions, please contact your senior trader.
Approval: Trading Strategy
Will be submitted for approval:
Discuss and establish trading strategy with senior trader
Will be submitted
Begin simulated trading
Congratulations on reaching this stage! It's time to put your trading skills to the test through simulated trading. Simulated trading allows you to practice executing trades, managing positions, and implementing your trading strategy in a risk-free environment. Start trading and closely monitor your performance. Don't hesitate to reach out to your senior trader or supervisor if you have any questions or require assistance during this phase.
Evaluation of simulated trading performance
Now that you have completed the simulated trading phase, it's time to evaluate your performance. Analyze your trading activities, review your positions, assess risk management techniques implemented, and identify areas for improvement. Reflect on your results and consider adjustments to your trading strategy. It's important to learn from your simulated trading experience and make necessary modifications before proceeding to live trading. If you have any questions or need guidance, please contact your senior trader.
1
Performance consistency
2
Risk-reward ratio
3
Trade execution accuracy
4
Adherence to risk limits
5
Emotional control during trading
Approval: Simulated Trading Performance
Will be submitted for approval:
Evaluation of simulated trading performance
Will be submitted
Begin live trading under supervision
Congratulations on completing the simulated trading phase! You are now ready to begin live trading under the supervision of your senior trader. Put your knowledge, skills, and trading strategy to work in real-market conditions. Ensure that you follow risk management practices, monitor positions closely, and execute trades according to your trading plan. Your senior trader will provide guidance and support during this crucial phase. Good luck! If you have any questions or face any challenges, reach out to your senior trader immediately.