NexGen Software Education Syllabus

John Novak- Live Market Education - Mark Novak– 101 Education

Connect to the classroom from Education page on site https://nexgent3.com/education/

Nexgen Educational Class – Live market analysis, instruction, and real-time feedback for all simulated trade executions. Participation and trade annotation are vital.

Nexgen 101 Class – Beginner lessons, building blocks of trades and terminology.

� Education page https://nexgent3.com/education/

� YouTube Video Library https://www.youtube.com/user/nexgent3

� Screen Capture Tools https://www.techsmith.com/jing-tool.html (free) https://www.techsmith.com/screen-capture.html (paid) https://www.screencast.com/ (must set up free account to broadcast pictures)

� Ninja Trader Platform or DEMO DATA sign up https://ninjatrader.com/ Traders may sign up for multiple demo’s requires different email addresses

� Complete list of Educational Resources

Trust is the goal for all Nexgen traders. Trusting that the net result of all trades over time will result in profit. Trust begins with mastering the patterns of the indicators. Traders will learn to generate an expectation of a particular outcome based on the indicator’s current patterns. Trading consistent application of patterns and rules is learned by using a simulator in class building trust in a winning plan. Traders will learn to execute the plan effortlessly, without emotional bias. Traders will progress each week towards the goal of profitable trading. Months 1-2 are spent learning patterns and rules.

Months 2-6 are spent solidifying a plan through real time execution on simulator and market replay. Traders will finalize their plan to trade live money after entry, exit, management mastery is achieved. Ultimately trading live money controlling emotions to achieve the goal unique to each traders’ plan.

Nexgen’s T-3 Fibs ProTrader software. (free demo) Ninja Trader charting data platform (free demo) PC Windows 10 or with a Mac with (Vmware + windows).

Traders are taught entry, exit and management patterns. Learning trust and accuracy while executing trades using Nexgen Software Services T3 Fibs ProTrader® software.

Practice & participation is paramount. During this educational course traders are taught to capture pictures and annotate rules. Traders will give rationale for each trade taken on a trading simulator. Instructive interactive feedback to analyze the trader’s trading actions given by Nexgen staff. This is essential to shorten the trader’s learning curve.

Nexgen Software Services Trader Education Syllabus

Instructors Classroom Location

Online 9-12 ET M-F

Online 2-3 p ET M-Th

ResourcesTrusting Results

PC Requirement

Objective

Keys to Success

TRADER EDUCATION SYLLABUS

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NEXGEN TRAINING SCHEDULE

Start Here

Demo 10 days

Step1

Step 2

Step 3

Step 4

Key Objectives

Learn how Nexgen teaches the method. Understanding the educational plan.

High Probability Patterns

Termination Conditions

Divergence Fine Tuning

Building Your Own Plan

Focal points

Spend time watching videos, loading demo software, doing some practice trades attending online classes, learning to capture pictures, and asking questions. Create expectations

Initially traders must learn the best 14-2 chart Fibonacci and Trigger Line patterns for high probability trades. Recognizing when 2 charts are in a high probability trigger line & Fibonacci pattern increases odds. Market Replay introduction. Attend chat room sessions, listen, and post a few chart pictures into the chat room for feedback on the understanding of the patterns. Gain confidence with posting and receiving feedback in class. Attend 101 class M- Th attend educational room M-F 9-12

Knowing when to stop trading with the trend trades is vital. Nexgen will teach patterns that causes the market to terminate trend. Termination conditions determine tops and bottoms. Termination patterns on two charts create the first opportunity to trade with a new trend direction. Market Replay will be added on here. Traders will learn how to download, run replay and how to study historical charts in real time.

Step 3 is generally when most traders become confident that they understand the best entry patterns. Focus shifts to learning the divergence and management concepts. When to use or ignore divergence. Applying the meaning of situational divergences. Divergences with Fibonacci and Trigger Line patterns are the core elements used in trade management.

Plan creation using Nexgen’s trading setups. Treat this as if starting a business. It is imperative that a trader assembles their own version of a plan in written format. Start with desired financial goals and objectives. Outline hours of the day needed to commit to trading. Market(s) to be traded. How much time is committed to study of past trades and use market replay? Disassemble and reassemble the trading rules in a trader’s own words. Include pictures of the trades in the plan and have 5-10 examples of each type of trade long and short. If two trades are used, then a plan should also include 20-40 pictures. 5-10 longs / 5-10 shorts of trade #1 and 5-10 longs and 5-10 shorts of trade #2. Include any variations of a trade under all circumstances. Do not skip this especially important step. Only trades defined in a written plan should be executed live.

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NEXGEN TRAINING SCHEDULE

Step 5

Step 6

Step 7

Step 8

Key Objectives

Trading on Simulator / small group or private sessions available after plan writing.

Full Participation in live simulated trading and market replay trading daily. Small group or private sessions.

Continued Simulation and building unshakable trust in the plan’s patterns.

Finalize your trading plan for real money trading. Establish financial boundaries.

Focus points and Expectations

Traders must focus on trading as if they are going to trade live money. Simulator trading should be an exact match for how traders will trade with live money. It is imperative that traders practice exactly as if they are trading live money. If one is to start on Micro ES contracts, then practice with Micro ES contract. Trade the # of contracts that will be traded when a trader switches to live money. It is imperative that a trader’s emotions are “trained” to expect a particular result. If too much money is traded on simulator, emotions are strained when trading live. This creates conflicting emotions with unintended negative consequences. Private or small group sessions are available to review trades a trader has taken and get feedback.

Step 6 is generally the week traders feel they could win with live money. DO NOT TRY IT YET! Traders gains in trust and understanding of the rules, plan and expected outcomes of the indicators are growing exponentially. Market Replay should now be used daily. Live daily market simulation + daily market replay and fine tuning becomes the prime focus. Trading live as if trading real money + replay builds strong trust in the plan. Confidence will grow exponentially over the next several weeks. If needed this is the time that private or small group sessions are available to “fine-tune” a trader’s understanding.

Daily simulation, market replay and trade tracking on spreadsheets are now second nature. All lessons should be complete. Traders generally attend classes for feedback on simulated trades. If needed private or small group sessions are available to “fine-tune” or answer any final questions.

It is IMPERATIVE to plan appropriately! Trader’s aspirations of winning are usually absent the possibility of financial loss by now. Trading on simulator teaches rules however, only live money trading will teach a trader to control their emotions! EMOTIONS will be raw and exposed when going live and learning to control emotions is the key to success. This is where the real work beings. Establish daily weekly and live vs simulator limits. If you hit a daily limit stop. If live money trading does not mimic your simulated trading stop! Return to simulator and gain more trust. 100% adherence to financial limits is the MOST IMPORTANT element going forward. Make sure you plan for both winning and losing scenarios.

TRADER EDUCATION SYLLABUS

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NEXGEN TRAINING SCHEDULE

Steps 9 and beyond

Conclusion

Key Objectives

Emotionally challenging yourself. Live Simulation with the understanding that when ready you will be able to trade live money. Understanding it is ok to return to simulator.

Please Speak Up-Nexgen is here to help.

Focus points and Expectations

Daily simulation, market replay and trade tracking are going to be imperative for the next several months/years. There is no finish line. Historically, traders continue to improve using Nexgen’s trading software for the first 1-5 years. While this may sound like a long time, the good news is that traders should be able to make money once they mimic the simulated results.

Live money trading should mimic simulation results. If not, stop immediately! Traders may need to return to the simulator several times before they learn to control their emotions. Once a trader proves on simulator that the patterns win, synching the emotional control is what makes a Nexgen trader successful. The rules SHOULD/ MUST be practiced enough times so the decision-making process is devoid of emotion. Confidently trading high probability patterns is the goal.

IT IS IMPERATIVE NOT TO BLOW OUT YOUR ACCOUNT while learning to control your emotions! Only a traders’ live results should determine the right time to trade live or return to the simulator. Make sure you are always aware and in sync with the financial limits of your plan.

Nexgen is committed to helping you through the process of learning the correct high probability Fibonacci and Trigger Line patterns that generate a positive outcome. Traders must be an active participant in the process. Traders will be able to take full responsibility for their trading results. We ask that a trader does not suffer silently. Please ask questions sooner than later if you have any issues. Have the humility to quickly ask for help. Always protect the trading account balance. Do not allow yourself to trade based on emotion. Only pattern-based trades that have been proven winners should be taken. Traders need to be vocal with questions and active with chat room participation. We are here to help. We wish all traders good fortune and great results using Nexgen Software

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