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In academic affiliation with Carnegie Mellon University
Institute of Algorithmic Tradingand Applied Computational Finance

Credential program on the trader path

Foundation Certificate in Trading

The first semester of the trader path: a trading course for beginners in eight parts, from how markets and orders work to costs, charts, risk, edge, psychology and the trading journal, with a simulated-account capstone. No previous knowledge and no programming.

Most people who try trading start in the wrong place, and the typical trading course for beginners lets them. They begin with a strategy from a video, place real orders before they understand what each one costs, and judge themselves on a handful of trades. The Foundation Certificate in Trading starts where professional training starts: with how markets work, what trading costs, how to size a position so that one mistake cannot end the account, and how to keep a record honest enough to learn from.

What does the Foundation Certificate cover?

How stock markets, brokers and orders work. The full cost of a trade, from the bid-ask spread to slippage. Reading charts: candles, volume and levels. What day trading really demands. Stop losses and position sizing. Edge, expectancy and the part luck plays in short records. The psychology of decisions under risk, including the habits that turn trading into gambling. And the trading journal that every later course in the path builds on.

How is it assessed?

Each course has its own quizzes, problem sets and a proctored exam with a 60% pass mark. The certificate is awarded when all eight courses and the capstone are passed. The capstone is an eight-week simulated trading record under a written plan, assessed in writing by the faculty.

Who should take it?

Complete beginners who want a serious start, discretionary traders who never had formal training, and anyone planning the full three-semester Diploma in Professional Trading. No programming is needed at any point.

The courses in this program

What is the foundation trading capstone?

You trade a simulated account for eight weeks under a written plan: two setups, a risk rule and daily loss limits set before the first trade. Every trade goes into your journal. The submission is the journal and a report of about 2,000 words on your costs, your expectancy and how closely you followed the plan. The faculty assess it against published criteria and return written feedback: whether the plan was followed, whether risk stayed within its limits, and whether the conclusions match the record.

What does the credential record?

It records that you passed the proctored exam of every course listed on this page and the capstone, assessed by the Institute's faculty. The credential is issued by the Institute. Each one carries a verification code that an employer can check with [email protected].

Questions applicants ask

Can I start with no trading knowledge at all?

Yes. The certificate assumes nothing beyond school arithmetic and the use of a spreadsheet. The free courses How to Start Trading and Is Day Trading Gambling? are a good first look before you enrol.

Will I trade real money?

No. All graded trading uses a simulated account, so the course costs you nothing in losses. Whether you trade real money afterwards is your decision, and the capstone report is designed to inform it.

How long does the certificate take?

680 hours of study: one semester of 640 hours of courses and a 40-hour capstone. At 160 hours a month, four months of courses and then the exams and capstone.

$1,950 680 hours