Hi PBoyle. Thanks any Idea on the Courses Offered from Futex, Amplify Trading and Schneider Trading.
Hey,
I lasted 2 weeks at Schnieder's STA Grad Scheme (as it was called in early 2010 when I did it). It seems to be a genuine setup, but as some of the guys have said on here - The success rate is very small indeed. I would recommend doing the course if you're selected though, as you may learn a lot - I did! (The course was free then, I don't know if it is now) Admittedly, I didn't know anything about scalping STIR spreads, butterflys and condors, and I certainly don't care about them now. However, I took a lot away from this course with respect to grasping fundamentals - It was definite eye opener, going through the FT with the old-time LIFFE floor traders and learning how they interpret the news.
I failed the course because my maths is a bit sh1t! Scalping spreads using calendar ladders, you need to be mentally agile on the mathematics otherwise its not for you, and it wasn't for me! To be honest though, why they don't program an algorithm to do this is beyond me. It wouldn't be difficult at all!
Hope that helps. Hit me back with any questions.