Recorded video lectures | Modrika

Forex Trading for Beginners

modrika — Fri, 20 Sep 2019 10:46:51 +0000

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where the entire world’s currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. All the world’s combined stock markets don’t even come close to this. But what does that mean to you? Take a closer look at Forex trading and you may find some exciting trading opportunities unavailable with other investments.

After completion of this course you will learn:

What is currency trading and have a full understanding of how Forex market works
Benefits of Forex Trading.
To identify and analyze the global market and choose the currency pairs for your trading objectives.
Learn to track and capitalize on market moves even if you don’t have access to complete research on underlying market conditions.
Understand the difference between Forex and equities trading and how to use both in harmony.
Learn how to trade Forex using the latest tools and software, and make predictions based on careful training from the pros.
Use the Meta trader 4 platform
Manage the risk to protect your money.

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Options Trading

modrika — Tue, 22 Mar 2016 12:05:56 +0000

Options Trading was designed by Dan Keegan, a 38 year veteran of options trading. It is composed of seven separate modules. It begins with the market fundamentals and then options fundamentals. The next module shows how options can be used in conjunction with an equity or futures position. The third module deals with the most basic of options spreading techniques, vertical spreads. The fourth module once again deals with vertical spreads of a more complex manner. The fifth module deals with time value spreads where hedging takes place amongst different expiration cycles. The sixth module deals with the risk control tools that every options trader should have a thorough knowledge of, the “Greeks.” The seventh and final module deals with complex ratio spreads and the difference in pricing between out of the money put and call options. If a trader feels that they need help in only one area then they can choose the module that fits their needs. The overall course, however, is designed to take in all of the modules in an orderly manner. Each module has a quiz at the end of it. It is suggested that you only advance to the next module after you have scored at least 80% in the quiz that you have taken. If you purchase the entire seven modules together, not only do you receive a significant discount but you will also receive a 209 page text written by me. Every module has a power point and webinar produced by me. It also has many articles and webinars created by the top experts in the field of options trading.

The post Options Trading first appeared on Modrika.

Ratio Spreads, Skewness & Kurtosis

modrika — Sat, 19 Mar 2016 15:05:41 +0000

In this module you will progress to the most sophisticated level for an options trader. You will learn about ratio spreads, collars, skewness and kurtosis. This is the nuanced world that professional traders inhabit.

Ratio spreads indicate that the number of contracts bought and sold in a particular spread is uneven. The defined risk that exists in a straight vertical spread does not apply to ratio spreads where there are more options bought than sold. This has to do with the velocity with which a particular underlying moves in a certain direction. You’ll be taught how to take advantage of that relationship and how to profit from it. That also applies to spreads where there are more contracts bought than sold.

Collars refer to the strategy where an underlying such as a stock has its value collared by the purchase of a below market put along with the sale of an above market call. You’ll see how this strategy converts a stock shareholder into the owner of a vertical bull call spread or put spread. In the commodities world they are also referred to as “fences.”

Skewness might be the most important concept in the options trading world. I know that I look at two factors when I plan on trading a certain underlying, skewness and liquidity. Skewness reveals how fast it moves in one direction versus the other. Kurtosis refers to the pricing of out of the money options and their relationship to at the money options.

The post Ratio Spreads, Skewness & Kurtosis first appeared on Modrika.

The Greeks

modrika — Sat, 19 Mar 2016 14:59:05 +0000

When I was a market maker at the CBOE I would have an inventory of at least a thousand options in twelve different series in one stock. There is no way that I could figure out the risk in my position by remembering what spreads I established and what adjustments that I made. I needed a firm understanding of the options “Greeks” in order to properly monitor my risk. I don’t expect that many people will have inventories that approach those kind of numbers. Regardless of the size of your position the most important aspect of options trading is risk control.

When you trade futures or stock the variable that you have to worry about is price direction. If you are a buyer you want it to go up and if you are a seller you want it to go down. Options traders also need to look at the absolute movement in the underlying, the amount of time value that is embedded in the option premium as a result and the erosion of time value in an option premium. Remember, options are a wasting asset.

You need to know the delta, gamma, theta and vega for the options you are specifically trading and the other options that are listed as well. There’s an opportunity cost if you don’t know all of them. It’s not quite as daunting as it sounds. There is a big inter relationship amongst the Greeks and once you get used to using them they become much easier to understand.

The post The Greeks first appeared on Modrika.

Microsoft EXCEL and VBA Programming

modrika — Wed, 23 Dec 2015 13:02:49 +0000

Excel Programming Practice delivers state-of-the-art programming precepts by manipulating objects constituting the Excel application and by using custom-designed user-forms to develop solutions that are fully attuned to a situation. Excel exposes two access points to the functionality of the product: The first access point is via the familiar Graphical User Interface (GUI) – the access point for 95% of Excel users. The second access point is via manipulation of objects constituting the Excel application – Microsoft exposes underlying objects for programmatic manipulation.

For sophisticated applications, there is no alternative but to work with Excel Objects which are manipulated using Visual Basic for Applications, the language for programming Excel. While some users program Excel using Macros, the true power of Excel can be accessed only with visual basic code. Many enterprises are unaware that the database in which they have invested millions of dollars is good only for storing and retrieving data but ill-suited for numerical analysis for which Excel is the appropriate tool. Thus, databases and numerical analysis tools (such as Excel) have distinct roles to play and an Excel based solution often requires the data component of the application to be supplied from an external source such as the Internet or the back-end server.

This course comprises of slide presentations, problem solving, and discussions on

Conceptual topics,
The architecture of the Excel User Interface,
The Excel Programming Architecture,
Important features of Excel,
Excel objects and object hierarchy,
The structure of the visual basic language for programming Excel.

Participants will be divided into groups of two to four and each group will work on situations using Excel; participants will receive a CD with topics for problem solving and will be encouraged to discuss and question.

Who Should Attend:- Candidates who are having any graduate degree.

Topics:-

Components of Financial Modeling
Definition of Financial Modeling
Introduction to Financial Modeling
What is not a Financial Model
Advantages of Financial Modeling
IPO Framework
Layout Issues
Examples of Models
Databases and Spreadsheets
Excel Overview
Accessing Excel
Code Modules
Objects
Collections
Manipulating Objects
Identifying Objects
Worksheet as a Platform
Form as a Platform
Requirements for Modeling
- Arrays
- Functions
- Built-In
- Analysis Tool Pak
- User-Defined
- Names
- Formatting Values
- Excel Controls
- Add-Ins
- Data Validation
- Data Management
- Lists
- Data Filters
- D Functions
- Pivot Tables
- What-If Analysis
- One Variable Data Tables
- Two Variable Data Tables
- Goal Seek
- Solver
Scenario Manager
Entry Points into Excel
GUI Vs Code
Visual Basic Code
Parts of a VB Procedure
Executing Code
Manipulating Excel with Objects, Properties and methods
Object Hierarchy
Object Collections
Excel Object Model
Macro Recorder
Control Structures
Types of Control Structures
Excel Events
User Forms
VB Controls
Alternatives to Forms
VB Functions
Object Browser
Range Object
Worksheet Object, Properties, Methods and Events
Range Properties and Methods
VB Variables and Constants
Arrays
VB Operators
Examples of Code
Hands-On Programming

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modrika — Fri, 13 Nov 2015 08:04:45 +0000