14.11.2018 Views

The 3Dimensional Trading Breakthrough

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>The</strong> 3 Dimensional <strong>Trading</strong> <strong>Breakthrough</strong><br />

Background on Brian Schad<br />

Schad Commodity Futures & Options <strong>Trading</strong> Corporation [<strong>The</strong> name changed<br />

in 2000 from PTA Consultation Services] was a real-time personal consultation<br />

service which provided personal assistance and guidance similar to that of a fullservice<br />

broker for clients involved in commodity futures and options trading. PTA<br />

was founded with a mission to provide innovative, practical, and expert quality<br />

service. It was designed to save traders money while enhancing their trading<br />

knowledge and strategies. I started the company in January of 1997 and it expanded<br />

exponentially due to the niche it services – that is professional, unbiased<br />

advice and position-monitoring for a reasonable flat fee and deep-discount<br />

commissions from a variety of independent discount brokerage firms. PTA had no<br />

connection with brokerage firm commissions either. PTA was designed to provide<br />

off-floor traders with two key benefits:<br />

1. PTA’s experience in trading and brokerage combined with personalized<br />

training.<br />

2. Substantial savings of commissions and fees versus full-service brokerages. I<br />

provided unbiased knowledge and advice without the threat of commissiongenerating<br />

“nonsense” trades which plague most novice traders in support of<br />

their $100 “full-service” brokers’ salaries.<br />

PTA catered to a wide variety of clients: spread traders, delta neutral traders,<br />

position traders, seasonal traders, and day traders. During the course of my many<br />

discussions with clients, I discovered a huge void of knowledge and understanding<br />

in this area.<br />

“Nobody can be so amazingly arrogant as a young man<br />

who has just discovered an old idea and thinks it is his own.”<br />

- Sidney J. Harris<br />

What I will present in this text is certainly not an idea or a creation spawned solely<br />

by myself. Rather, it is an original plan for trading, derived from years of trial and<br />

error, which incorporates all of the instruments that are available to us traders by<br />

the exchanges. I do not wish to be classified or labeled as an arrogant person for<br />

thinking that this is an idea that no one else has ever thought of. I am sure there<br />

are many successful traders aware of this knowledge. However, it has never been<br />

- 14 -

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!