Available as: Online
Categories: Professional Development
Member $1,683 | Nonmember $2,023
Please enter your NYSSA membership number, if applicable, when registering.
Students can register online and purchase a single course at a time. Purchasing the series of four courses provides students with a 15% discount.
Complete all online courses of study to attain the NYSSA Certificate in Commodities. NYSSA will award the Certificate once you have successfully completed the four courses of study online. The courses must be taken consecutively as they are progressive in nature.
Course 1: Introduction to Commodities & Technical Analysis
After a brief historical overview, you will be introduced to the wide range of commodities and the exchanges on which they trade. You’ll learn the fundamentals: how to draw trend lines, recognize changes in trend, and the differences between commodities and equities. To help you better grasp the material, this course includes quizzes and assessments, key insights in embedded mp3 files, and videos that illustrate how market activity unfolds in real time.
- History of commodities
- Basic fundamentals of physical commodities
- Technical Analysis basics
- Quizzes & Assessments
Course 2: Directional Trades and Trend Following
You will be introduced to trend following methodologies that traders and managers use to create trading systems. Much of this course builds upon course 1 and you need to these courses consecutively. The technical indicators we will cover include Keltner Channels, ADX, RSI, Donchian Channels, and Average True Range (ATR). These will be introduced again in course 4.
- Full discussion on Trend Following
- Moving Average Crossover Systems
- Breakout Trading Systems
- Full discussion on Technical Indicators
Course 3: Commodity Spreads & Seasonal Trades
Spreads are a natural extension for commodity traders as they capture how the hedger sees the world of commodities. You will be introduced to intra-commodity spreads in most of the agriculture and softs sectors of commodities. Many of these evolve around weather and driving patterns and some are expressed as “old crop / new crop” spreads. Spread price data tells us if the commodity has abundant supply or if it is high in demand.
- Intra-commodity Spreads (grains, softs)
- Inter-commodity spreads (metals, grains, financials)
- Reading What Spreads can teach Traders
- Old Crop / New Crop Spreads
- Product Spreads (crush, crack)
Course 4: Building a Complete Risk Management Trading System
Trading systems have 3 distinct components: entry prices, exit prices, and position sizes. This course will evolve from the Moving Average and Breakout lectures and will include the inclusion of certain technical indicators to eliminate what is known as “noise” – false trading signals that yield only poor results. They act as a filter. We will cover position sizing, risk per trade, what sectors of the commodity world are typically traded, when to add to winners, how to cut losers quickly, and how to avoid having positions that are highly correlated to one another.
- Entering trades – establishing a position
- Exiting losing trades
- Exiting winning trades
- Adding to winning trades
- Calculating position sizes
- Moving Average Risk Management systems
- Breakout Trading Risk Management systems
- Correlation Risk between commodities
Who should attend?
- CFA Charter holders and CFA candidates
- Professional development students
- Current college students and recent graduates who want to learn how to trade
- Future CTAs (Commodity Trading Advisors)
- Those pursuing a career in Prop Trading or at a hedge fund