Master Level

1. Why Learn Institutional Investors’ Strategies?

Through the Standard Level “SMC & ICT Complete Guide,” you acquired a powerful “blueprint” to decipher the market’s deep structure. You understand that prices are driven by algorithms and the simple principle of seeking liquidity. Yet have you ever wondered:

• “Why do results differ so drastically even with the same blueprint (SMC/ICT)?”
• “Why, even after finding a high‐probability entry, do traders mismanage risk and get wiped out by a single large drawdown?”
• “Why do professionals remain calm amidst market noise? What is the secret of their ‘instinct’?”
  The answer lies in understanding the “physical laws” that move the blueprint and the “pilot’s psychology” that operates it. If the blueprint is SMC/ICT, then the precise “mathematics” behind it and the trader’s own “psychology” are the final keys to unlocking 100% performance and maximizing profit.

2. Strategy Becomes Theory. Theory Becomes Confidence.

Welcome to the culmination of the Fundora Education Program, Volume Six: “Complete Guide to Financial Engineering.”
In this Master Level, you will integrate all your accumulated knowledge and evolve into the realm of professional traders.
Many shy away from “financial engineering,” thinking “I’m bad at math, so I can’t do it.” But rest assured—the goal of this guide is not to solve complex equations. At its core, it’s about “understanding the logic behind market movements and finding the predictable elements that emotion cannot sway.”
This Master Level material breaks down seemingly daunting financial engineering theories into intuitive explanations you can grasp without advanced math. Every calculation is simplified to the level you can reproduce in Excel or a calculator.
Having learned to read institutional investors’ intentions via SMC/ICT, this guide equips you to stand on their intellectual playing field. You will flee instinct‐driven trading and gain unwavering “mathematical rationale” and “psychological control” for every decision.
This marks the final and most crucial revolution of your trader’s journey.

3. What You Will Learn in This Content

Eliminate subjectivity—quantify everything. The professional’s entire “decision framework.”
This guide systematically and comprehensively covers the financial engineering theories and practical techniques central to professional traders’ decision‐making.

Part 1: The Science of Pricing — The power to determine “Is the current price fair?”

• The essence of Pricing
• Cost‐of‐Carry Model
• The essence of Black–Scholes Theory

Part 2: Complete Quantification of Risk — The skill to know exactly “How far can losses go?”

• VaR (Value at Risk) and CVaR
• Stress Testing and Scenario Analysis
• Strategic use of Volatility (σ)

Part 3: Optimization of Money Management — Mathematical strategies to grow assets the fastest

• The true power of compounding and the “compound drag” trap
• Kelly Criterion & Fractional Kelly
• Bankruptcy probability calculation

Part 4: Professional Techniques — Turning theory into profit

• The truth of FX carry trades
• Gamma Scalping
• Volatility Trading

Part 5: Complete Control of Psychology — Hacking your own mind

• System 1/2 Theory
• Overcoming the 7 Major Behavioral Biases
• Designing pre-commitment devices
• Psychological Capital (PsyCap)

4. The “Integration” of Techniques Changes Your Judgement

You evolve from someone swayed by market “events” to someone who “controls probabilities.”

• Permanent Shift in Decision Criteria: Every entry, stop, target, and position size is backed by mathematical rationale
• Complete Liberation from Emotion: Market spikes and crashes are processed calmly as numbers
• Paradigm Shift in Risk Management: Accepting stops as “necessary costs” rather than “losses”
• Dramatic Improvement in Compound Efficiency: Maximizing compounding through stable returns
• True Understanding of SMC/ICT: Seeing through to the physical laws behind liquidity pools and FVGs

6. Finally: The Challenge Continues. But You Are Different Now.

Become a “system” that masters the market.

“Picture yourself, not only with upgraded knowledge and techniques but with an entirely upgraded mindset.” In the morning, instead of diving straight into charts, you first glance at your custom dashboard showing VIX, real interest rates, and fund flows to calmly determine “risk-on” or “risk-off.”