What Trader Training Is Right For Proprietary Trading in London?

Best Trader Training to Become a London Trader

There are many avenues you can go if you want to become a trader in London. If you want to become the best, you need to learn from the best. Therefore, this article will break it down for you and explain what you should be looking for when choosing the best trader training courses in London, UK.

What you will quickly notice when you do a simple Google search for trader training or trading courses in and around London, is that there a variety of so called “experts” claim to be able to teach you how to trade like a professional. The challenge is in figuring who is real and who is just selling the “dream”.

The thing to realise about the world of trading is that it requires very little qualifications to open a trading account and call yourself a trader. That’s the beautiful thing about a free market economy – the barriers to enter financial markets are low. Sure, some of these educators will say they can give you a certificate and what else, but when it comes down it, what you really need to know, if you seriously want to become a successful trader, is who actually trades real capital and consistently extracts a profit from financial markets.

Try asking any of these educators if they can show you their trading statements or even let you watch over their shoulder, and I can gaurantee you that almost zero will agree. I say almost, because there is only one that I’ve actually seen demonstrate how they trade in live markets by posting in-depth, 60+ minute videos on YouTube for free of how their top traders enter in and out of large futures positions.

Meet Axia Futures, a London based firm with a trading floor that you can actually visit in the heart of UK or tune in to see their daily streamed videos.

What you’ll notice about the traders at Axia Futures is that they lead by demonstrating that they practice what they preach. And there’s no sale pitch about how you’ll be able to escape the 9-5 and trade for a living from home in your underpants. These are futures traders who treat their jobs like professional athletes.

When you contrast this to other “educators” on the Google results page, you’ll notice that they all have lovely looking website, a number of great reviews from honest, well-meaning individuals. But unfortunately, none of them can actually show you any performance results.

What’s that I hear you say? They have images of their top trainer teaching rooms full of people how to trade? Know this: trading is a zero sum game. For every winner, there is a loser. Therefore, by definition, there cannot be a majority of winners. And given that major financial instutions also compete in the markets and rake in the lion’s share of profits, we can safely assume that the winnings are at a minimum 80% skewed in their favour. That means that only 20% of retail professional traders have a shot at being profitable, if not just breaking even. Again, what that means, is that if you’re learning the same thing being taught to a room full of hopeful novice traders, then you’re probably going to be learning the wrong stuff.

“But they’re going to to give me a cerficiate!” At the end of the day, what matters is brass tax and numbers. A certificate isn’t going to make you money and no one is in the business of hiring traders these days. If you want to make money trading, you need to learn from traders who can actually prove that they do it.

Even if you so-called prospective trainer is wearing a fancy suit, claims to have an MBA, CFA, Masters in Finance and seven computer screens, it means nothing if they themselves don’t generate income primarly from their own trading activities – and not merely selling trading coaching and seminars.

What you’ll also notice with most of these trading educators when you look at the outlines of their training programmes is that the content is usually based around what you can find on a number of trading related books on Amazon. Contrast that with what you’ll learn at a real prop trading desk like Axia Futures and you’ll the content of focus radically changes.

In the world of real life trading where hundreds of thousands of dollars, euros and pounds are on the line in a single trade, and you’ll see that no one is looking at candlestick patterns, but at something called order flow. And even when it comes to the real traders who use order flow, very few can actually put into words and articulate their strategies.

If you’re hoping to make it in the world of proprietary futures trading then I strongly suggest looking for a training provider who will teach you about the following tools: order flow or price ladder trading, footprint charts, market profiles and central bank policies. You’ll also need to learn how to use Bloomberg and/or Reuters. At the very least, take check out this trader training site: https://axiafutures.com/

Best Online Trading Courses London For Serious Futures Trader Training

Futures trading course workshops

The best online trading courses that I’ve ever come across are created by a prop trading firm called Axia Futures. They are the only trading educator that I am aware of that actually teaches real trading strategies that are based on the performance of top performing, elite futures traders.

What Does The Typical Trading Course Aim To Teach?

There are many so called “trading educators” out there. All of them promise to teach you the same old rehashed content that you can find in a range of trading books – candle patterns, moving averages, indicators, etc. But very few can actually say “here is a room full of 6 and 7 figure traders using these techniques”. When it comes to Axia Futures, you can actually watch a variety of their elite trader videos and see these guys execute massive positions in a variety of futures markets

Now, I know what your first thought might be: “Oh yeah, sure, they’re just trading demo accounts and pretending it’s live”. Well that’s clearly not the case here, because they execute trades on software called Trading Technologies, and if you’ve ever used their systems in live market environments versus demo account, all of their demo price ladders are coded to display the words DEMO above the ladders. So there’s nothing fake about the 100+ lot positions these guys are swinging around here:

Market Profile Trading Course

When you go through the trading courses on offer, you’ll notice their volume profiling course which is a charting technique that was first written about by J. Peter Steidlmayer – a trader at the Chicago Board of Trade between 1959-1985. Very few know the secrets behind how to use market profiles and even fewer can actually teach you specific trading techniques. If you’re looking to up your game with professional trading tools, this is definitely a course worth checking out.

Order Flow Trading Course on The Price Ladder

When it comes to getting best price execution, you need to be reading order flow and executing your trades on the price ladder. What is order flow? It’s the actual auctioning activity that goes on inside the market. You can almost think of this like the old school trading pits, except neatly displayed for you on ladder which shows the prices and the number of bids and offers at each price. When you trade using the price ladder, you can see how much volume is traded at each price and real time feedback when buyers and sellers are adding or removing their orders. Most “trader” only look at candlestick charts, which are based off of the opening, highest, lowest and last trade within a given timeframe. It tells you nothing about what occured during that time. Even if you were to look at at 1 minute or 1 second candlestick, you’ll never actually know what was going on. On the other hand, trading order flow gives you the ability to see inside the candlestick chart.

Other Trading Courses For Beginners

There are a number of other trading courses on offer at Axia Futures, such as their footprint chart trading course, their futures trading course (geared towards beginners), an 8-week career training programme, and even central bank trading course. There are all very deep topics, but they each address highly specialised, professional trading skills that any aspiring trader should ideally develop.

For more trading course information please visit: https://axiafutures.com/