Trading Floor

ASW Trader Institute

So you want to become a Trader?

Very few day traders can be successful without the mentorship of someone who’s ‘been in the trenches’.  This is why the vast majority of day trading courses fall short.  They teach the ‘book stuff’ but don’t follow through with real-life training.  That’s like learning how to ride a bike without actually getting your knees scraped up a little.

Now, here’s the good news.  ASW is unique.  Not only will we give you the best start by professionally trading your funds to ensure you can enter the market with a solid level of funding (day-trading your own account requires a minimum balance of £25,000.00 at all times) We will educate you along the way as to how we trade the markets and why we pick certain entry and exit points. We have found that by following our professional traders for at least 6 months sets you up well to take in to serious consideration our Trader Training Programme.

Without specialized training, profiting in day trading is virtually impossible.  But, with specialized training, a smart day trader is able to pick out these profit opportunities.  There are dozens of profitable day trading opportunities every day.

The ASW Training Programme provides you with an edge for today's markets. The ASW Training Programme is a demanding, comprehensive, and thoughtful trading course. You will develop valuable trading skills that will enable you to profit in any market, from any location, and for your entire trading career. The ASW Training Programme teaches you the a craft: the craft of trading!

Part one of the process is to apply for our Online Training Program. It is a one-month guided program that covers the simple definitions to the advanced concepts. It also involves trader assessment by way of simulated trading and research projects. To move on to Stage 2 you need to submit a months worth of trading in a paper account.

Those that do well and meet our criteria online are invited to join our in-house program. Here we look at advanced trading concepts such as specific spread trades and trades that we have seen work well with our seasoned traders. For those that are successful this in house training is free

Full Trader Funding. Do well in our training program and you will be offered a contract to join us as a fully funded trader. We fund 100% of your trading account and cover any losses. You’ll sit in our dealing room alongside other traders. Game on!

So you have successfully completed our online, in house programme and proven you trading capabilities trading firm funds, what's the next step for you? How can you earn more with your newly learned skill set?

At this stage, we offer our Traders a chair with our Managed Programme Trading Account Desk, giving you the opportunity to trade funds for clients and earn commissions of each profitable trade for your client book.

This is a performance based and client facing position meaning we only accept the highest qualified traders with a proven track record of trading the markets successfully regardless of market conditions.

If accepted, you will receive intense one on one training with our Head of Trading David Sterling.

Online Training Programme

Our online program starts with the basics and assumes you have never traded before. We move on to strategy, analysis styles and trading styles. We use a simulator extensively to learn new things. You are not left alone here. The program is a guided one where you have a real person to speak with and request feedback.

 

Topics Covered

What is propiretary trading?


The definition of proprietary trading is very simple but often misunderstood or confused with other financial market participants.
Proprietary Trading activities are financial transactions undertaken by an organisation using and risking its own capital. The proprietary or ‘prop’ firm, will generate profits by way of assuming risk rather than by generating commission fees from customers. Proprietary Trading firms operate and prosper through a thorough understanding of risk and money management. As a consequence of their activities, proprietary traders generally provide liquidity to the market and a risk transfer mechanism for other market participants. There are myriad trading styles under the ‘prop’ umbrella, using many different asset types. At ASW we focus primarily on global capital markets.




What does the training involve


The program is split into two parts; online and in-house Part 1 – Online
This initial part of the program runs online for four weeks and begins with the basics of trading, progressing quickly to more advanced concepts. The training involves a mixture of simulated trading, online seminars, research projects and assessments. You will have access to a training specialist to guide and advise you along the way. The program will be hard work from day one. To get to an acceptable standard with which to progress to Part 2 we expect you will need to put in several hours per day. Obviously, the more you put in, the more you will get out of this stage of the program and the more likely you are to reach the required standard. To move on to stage two you will be required to show us a months worth of day trading so we can analyse your trading style, weaknesses and produce an effective programme to suit your style Part 2 – In-house
Trainees who successfully complete the online stage may then be invited to progress to join our in-house program in NYC. This stage runs for six weeks and full time attendance is required. Trainees will be under the expert guidance of our training & mentoring team. This stage of the program is designed to immerse you in a real trading environment with like-minded individuals. You will continue to develop and hone the skills learned on the online program in an open and collegiate atmosphere. Here you will begin to specialise and delve deeper into more advanced trades and concentrate on specific strategies.




Who teaches the training programme


We have a dedicated Training Team comprising traders and trading development professionals with global market experience spanning the decades, from the days of open outcry trading pits to up-to-the-minute technology focussed trading.
Trainees are guided, supported and encouraged every step of the way – your success is our success.




Will I be paid as a trainee?


The program is free, which also means it’s unpaid. You will need to have the means to support yourself for the duration of the training program and beyond. Our traders are entrepreneurs, they run their own trading business, with our infrastructure, backing and support.




How much will I earn as I trade


Traders who successfully complete our full trader training program and become a ASW Trader will essentially be starting their own business. We provide traders with the capital and infrastructure to trade with ongoing mentorship and guidance. Remuneration arrangements are straightforward –profits are split between the trader and the house. You eat what you kill, it’s as simple as that.




I'm based overseas, can I take part?


Although part 1 is online, the aim of the program is to develop traders for ASW. Therefore, to complete the programme you will be required to spend time in our NYC offices. Please note that we are unable to sponsor visas.





Show me the money.


Yep, we saw that movie too. Getting paid as a Prop Trader or as a Managed Account Trader is by way of performance and profit share. As a Prop Trader, when you make money, we make money. As a Managed Account Trader, when you make your client money, you make money, as a company we also take a small slice on the bid/spread. There is no salary as this is not really a ‘job’, just profit share. Remember the role of ASW is to train and fund you.




What about losses?


As your backer and mentor, ASW will absorb net trading losses. This means that, to begin with, our novice traders will have certain parameters within which to trade. Every trader is different and naturally we want our traders to be successful and progress quickly. Our mentors will grow each trader at an appropriate pace.




Will I be stacked if I lose money day one?


No. Our role is to support you and help you grow. Losing money is part of the learning process. We have all been there and get it.





Building Spreads

Spreading is one of the key tools for the proprietary trader. We assume you know nothing and start with the basics.

 

General TI FAQs

What is propiretary trading?


The definition of proprietary trading is very simple but often misunderstood or confused with other financial market participants.
Proprietary Trading activities are financial transactions undertaken by an organisation using and risking its own capital. The proprietary or ‘prop’ firm, will generate profits by way of assuming risk rather than by generating commission fees from customers. Proprietary Trading firms operate and prosper through a thorough understanding of risk and money management. As a consequence of their activities, proprietary traders generally provide liquidity to the market and a risk transfer mechanism for other market participants. There are myriad trading styles under the ‘prop’ umbrella, using many different asset types. At ASW we focus primarily on global capital markets.




What does the training involve


The program is split into two parts; online and in-house Part 1 – Online
This initial part of the program runs online for four weeks and begins with the basics of trading, progressing quickly to more advanced concepts. The training involves a mixture of simulated trading, online seminars, research projects and assessments. You will have access to a training specialist to guide and advise you along the way. The program will be hard work from day one. To get to an acceptable standard with which to progress to Part 2 we expect you will need to put in several hours per day. Obviously, the more you put in, the more you will get out of this stage of the program and the more likely you are to reach the required standard. To move on to stage two you will be required to show us a months worth of day trading so we can analyse your trading style, weaknesses and produce an effective programme to suit your style Part 2 – In-house
Trainees who successfully complete the online stage may then be invited to progress to join our in-house program in NYC. This stage runs for six weeks and full time attendance is required. Trainees will be under the expert guidance of our training & mentoring team. This stage of the program is designed to immerse you in a real trading environment with like-minded individuals. You will continue to develop and hone the skills learned on the online program in an open and collegiate atmosphere. Here you will begin to specialise and delve deeper into more advanced trades and concentrate on specific strategies.




Who teaches the training programme


We have a dedicated Training Team comprising traders and trading development professionals with global market experience spanning the decades, from the days of open outcry trading pits to up-to-the-minute technology focussed trading.
Trainees are guided, supported and encouraged every step of the way – your success is our success.




Will I be paid as a trainee?


The program is free, which also means it’s unpaid. You will need to have the means to support yourself for the duration of the training program and beyond. Our traders are entrepreneurs, they run their own trading business, with our infrastructure, backing and support.




How much will I earn as I trade


Traders who successfully complete our full trader training program and become a ASW Trader will essentially be starting their own business. We provide traders with the capital and infrastructure to trade with ongoing mentorship and guidance. Remuneration arrangements are straightforward –profits are split between the trader and the house. You eat what you kill, it’s as simple as that.




I'm based overseas, can I take part?


Although part 1 is online, the aim of the program is to develop traders for ASW. Therefore, to complete the programme you will be required to spend time in our NYC offices. Please note that we are unable to sponsor visas.





Show me the money.


Yep, we saw that movie too. Getting paid as a Prop Trader or as a Managed Account Trader is by way of performance and profit share. As a Prop Trader, when you make money, we make money. As a Managed Account Trader, when you make your client money, you make money, as a company we also take a small slice on the bid/spread. There is no salary as this is not really a ‘job’, just profit share. Remember the role of ASW is to train and fund you.




What about losses?


As your backer and mentor, ASW will absorb net trading losses. This means that, to begin with, our novice traders will have certain parameters within which to trade. Every trader is different and naturally we want our traders to be successful and progress quickly. Our mentors will grow each trader at an appropriate pace.




Will I be stacked if I lose money day one?


No. Our role is to support you and help you grow. Losing money is part of the learning process. We have all been there and get it.





 

Before Applying

Do you reveal the secrets to trading?


The secret is hard work. Doing well here requires you to take on what we show you and figure out a few things for yourself.
There are no secret trading formulas or indicators. That stuff is created just to sell books and confuse the general public.




Is this hard work?


It sure is, but anything easy is not going to give you much reward. The online program requires you to study, research and trade on a simulator. It’s a few hours per day minimum, but the more time you put in, the better.




Can I do this at my own place?


No. The reason is the online training involves active trading on a simulator. We use this to assess you for the next stage (in-house).




Am I guaranteed to pass?


There is no guarantee but the beauty of this program is that you are the master of your own destiny. You truly get out what you put in. There are no easy shortcuts to trading. Practical experience and hard work are key to success in trading. The ASW Trader Institute program is an industry leading training program, designed by some of the best trading minds in New York to give every trainee a solid foundation with which they can potentially build a trading career.




How do I apply?


Simply, Click Here to Apply for our ASW Trader Institute





Do you reveal the secrets to trading?


The secret is hard work. Doing well here requires you to take on what we show you and figure out a few things for yourself.
There are no secret trading formulas or indicators. That stuff is created just to sell books and confuse the general public.




Is this hard work?


It sure is, but anything easy is not going to give you much reward. The online program requires you to study, research and trade on a simulator. It’s a few hours per day minimum, but the more time you put in, the better.




Can I do this at my own place?


No. The reason is the online training involves active trading on a simulator. We use this to assess you for the next stage (in-house).




Am I guaranteed to pass?


There is no guarantee but the beauty of this program is that you are the master of your own destiny. You truly get out what you put in. There are no easy shortcuts to trading. Practical experience and hard work are key to success in trading. The ASW Trader Institute program is an industry leading training program, designed by some of the best trading minds in New York to give every trainee a solid foundation with which they can potentially build a trading career.




How do I apply?


Simply, Click Here to Apply for our ASW Trader Institute





 

When In-House

Show me the money.


Yep, we saw that movie too. Getting paid as a Prop Trader or as a Managed Account Trader is by way of performance and profit share. As a Prop Trader, when you make money, we make money. As a Managed Account Trader, when you make your client money, you make money, as a company we also take a small slice on the bid/spread. There is no salary as this is not really a ‘job’, just profit share. Remember the role of ASW is to train and fund you.




What about losses?


As your backer and mentor, ASW will absorb net trading losses. This means that, to begin with, our novice traders will have certain parameters within which to trade. Every trader is different and naturally we want our traders to be successful and progress quickly. Our mentors will grow each trader at an appropriate pace.




Will I be stacked if I lose money day one?


No. Our role is to support you and help you grow. Losing money is part of the learning process. We have all been there and get it.





Show me the money.


Yep, we saw that movie too. Getting paid as a Prop Trader or as a Managed Account Trader is by way of performance and profit share. As a Prop Trader, when you make money, we make money. As a Managed Account Trader, when you make your client money, you make money, as a company we also take a small slice on the bid/spread. There is no salary as this is not really a ‘job’, just profit share. Remember the role of ASW is to train and fund you.




What about losses?


As your backer and mentor, ASW will absorb net trading losses. This means that, to begin with, our novice traders will have certain parameters within which to trade. Every trader is different and naturally we want our traders to be successful and progress quickly. Our mentors will grow each trader at an appropriate pace.




Will I be stacked if I lose money day one?


No. Our role is to support you and help you grow. Losing money is part of the learning process. We have all been there and get it.