Gary Norden – The Norden Method Red Jacket Course

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Gary Norden – The Norden Method Red Jacket Course

Gary Norden - The Norden Method Red Jacket Course

Gary Norden – The Norden Method Red Jacket Course

$59.00

In stock

$59.00

The Norden Method has been designed to reintroduce the development roadmap followed by former Locals…

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Description

Gary Norden – The Norden Method Red Jacket Course

Gary Norden - The Norden Method Red Jacket Course

Back in the day, coveted Red Jackets were worn only by Locals. The Norden Method has been designed to reintroduce the development roadmap followed by former Locals on the London International Financial Futures Exchange, but adapted for modern electronic futures markets.

The Red Jacket Course ($2795 USD) adds extensive narrated video content to the Silver Badge content to reinforce Norden Method foundations.  You are also given the opportunity to pass the more rigorous Red Jacket Certification, and award those who pass on their first attempt with an authentic PECO est. 1919 red trading jacket with embroidered Norden Method insignia.

01. Introduction

Disclaimer
Welcome from Gary
Why Market Making

02. Our Approach

Our First Principles
Professional Standards
Win Rates
OODA Loop
Continuous Improvement

03. Our Tools

No Charts or Technical Analysis
Only DOM & Tape
Watchlists and Newsfeed
Every Trade Counts

04. Our Edge

Due Diligence First
The Edge of the Spread
Precision Order Entry
Precision Entry
The Trades You Wouldn’t Have Seen Previously
How Frequency Compounds
Importance of Queue Position
Effective Queue Position
Avoiding Larger Traders
Importance of a Quick Fill
Liquidity and Order Flow

05. Value

How We Determine Value
Value in Slow Market
Value in Faster Markets
Waiting Until Everything Lines Up
Value Change When Price Doesn’t In Slow Market
Anticipating Value Change in a Slower Market
Debunking Highs, Lows, and Levels
Buying the High, Selling the High
Buying the Low, Selling the Low
Supplemental Correlations Video

06. Application

Trade Setups & Scratching
Faster & Thinner Markets
Getting Filled First Time
Pulling Orders
Pulling and Fill
Trading the Chop vs. Moves
Chop vs. Move
Transition
Two-way Order Flow
Two-Way Business, Two-Way RTH
One Way Business
DOM Tips & Unusual Activity
DOM Tips
Trading During Extreme Volatility
Post Fill Checklist
Norden Method Exit Rules
Scratch
Missing The Scratch
How Many Ticks
Faster Market Unwanted Trade
Increasing Size & Automating Exits
Bringing It All Together: Three Trades
Bringing It All Together: NQ

07. Improvement

Premarket Preparation
Purposeful Practice
Performance Assessment
Trader Review Video

08. Transitioning to Professional Trading

Frequency
Commissions vs Pathway to Seat Lease
Staying Out
Professional Standard Tools
Variability of Income
Taking Profits out of your Trading Account
Dealing with Bad Days
Continual Learning and Improvement
When to move from SIM to Live
Don’t ignore the warning signs
Red Flags

09. Free Preview of The Exchange

The Exchange – A Message from Gary
Monthly Meet-Up – Feb ’22
(NQ) New Trader Struggles with Manually Exiting
(NQ) Trader CAR#1: Some Room for Improvement
Atomic Habits – Book Reviews
The Real Story – Transition of Floor Traders
Why We Should Avoid Online Forums

10. Summary

Closing Thoughts

11. Red Jacket Certification

Exam Procedures
Norden Method Certification Exam

 

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