City Index Trading Academy
“tHERE HaS nEvER bEEn a MoRE ExCiting tiME to tRy to MaKE MonEy FRoM tRading. ” Over the course of six weeks, experts at spread betting firm City Index propose to demonstrate that with the right education and facilities, anyone can learn to trade the financial markets. There has never been a more exciting time to try to make money from trading. New opportunities can be found in every region and indices. A new competition, City Index Trading Academy, features eight competitors from a wide range of backgrounds and with little-to-no experience of speculating the financial markets. City Index experts, and Trading Academy Mentors, Ashraf Laidi and James Chen, intend to turn them into star traders in under two months. Each week the competition will get tougher and the stakes will literally become higher as the contestants are forced to demonstrate their flexibility, confronting live trading challenges in different markets. Using City Index platforms for mobile and iPad, or more traditional desktop dealing, the competitors are able to trade on some of the industry’s most powerful platforms wherever and whenever they want to. Those who find themselves in the bottom three of the profit-and-loss table at the end of each week will be held to account by the Trading Academy Mentors who, in a boardroom showdown, make the final decision on the individual to be eliminated from the competition. In the final week of the contest, the remaining traders will battle each other and the markets for the £100,000 cash prize.
In an innovative first, the City Index Trading Academy contest is being broadcast online in an interactive environment, which allows the audience to trade along with contestants. The series has been syndicated on YouTube and across the internet with the first episode being viewed almost 200,000 times within 10 days. From a former marine to the managing director of a waste disposal company; from a humanist celebrant to a former super-yacht captain; the central theme of the competition is that whatever the contestant’s background, through the education provided by City Index over the six weeks of competition, they will learn the ability to successfully trade the market; a skill which will stay with them for the rest of their lives. It is the role of the Trading Academy Mentors to provide the contestants with the tips and techniques they need to trade effectively. In Ashraf Laidi and James Chen, they have two of the most experienced and well regarded experts in the world. Ashraf Laidi, who describes his training method as being swift, thorough and unforgiving, has served as a strategist in the retail and institutional broking industry for over a decade. His reputable insight on currencies and commodities has won him several number one rankings with FXWeek and Reuters. As Chief Global Strategist at City Index, Ashraf is well positioned to provide the Trading Academy candidates with the ingredients they need to successfully speculate on the markets.
December 2012
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