Course reviews
Choosing an ITPM course
IPLT establishes the numerical foundation. PTM is the core course. POTM and PFTM add options and FX specialisms. The right starting point depends on your experience and what you want to study.
Richard Sarsfield
25+ years in institutional asset management · I've taken all four ITPM courses
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IPLT currently has 50% off. PTM, POTM and PFTM currently have 30% off. Enrol through the marked link on any review and ITPM applies it at checkout.
What each course puts on your screen
Position Sizer. Example data.
IPLT
Anyone who wants a firm grounding in risk, volatility and position sizing.
Core Workbench →
Stock Snapshot. Example data.
PTM
People ready for ITPM's full macro and portfolio framework.
Stocks Toolkit →
Options Structure Lab. Example data.
POTM
Traders focused on options.
Options Toolkit →
FX Carry & Positioning. Example data.
PFTM
Traders specialising in currencies.
FX Toolkit →
Choose between the four courses
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Comparison of the four ITPM courses
- Richard's view
- ITPM's introductory course and the natural place to begin if you want the foundations in place before moving into the broader PTM framework.
- Best for
- Anyone who wants a firm grounding in risk, volatility and position sizing
- What it covers
- Build the quantitative foundations for measuring volatility and portfolio risk.Online video · 12-month access
- Current price
Standard price
$1,299discounted price $649.50 with code ipltrich50pct, save 50%12-month course access
- Tools included
- Core Workbench12 months with a verified referred enrolment
- My review
- Read the IPLT review →
- Richard's view
- ITPM's flagship course, covering macro analysis, long/short portfolio construction and risk management.
- Best for
- People ready for ITPM's full macro and portfolio framework
- What it covers
- Learn the macro-first, long/short portfolio process at the centre of ITPM's approach.43 videos · ~64 hours · 12-month access
- Current price
Standard price
$3,499discounted price $2,449.30 with code ptmrich30pct, save 30%12-month course access
- Tools included
- Core Workbench + Stocks Toolkit12 months with a verified referred enrolment
- My review
- Read the PTM review →
- Richard's view
- A professional options course that ITPM positions as the specialist follow-on to IPLT and PTM; the structures make more sense once the portfolio material is already familiar.
- Best for
- Traders focused on options
- What it covers
- Use options to express a macro or sector view with defined and modelled risk.Online video · 12-month access
- Current price
Standard price
$3,499discounted price $2,449.30 with code potmrich30pct, save 30%12-month course access
- Tools included
- Core Workbench + Options Toolkit12 months with a verified referred enrolment
- My review
- Read the POTM review →
- Richard's view
- The most specialised course; strongest for traders who want a fundamentals-led approach to currencies instead of chart-led forex tactics.
- Best for
- Traders specialising in currencies
- What it covers
- Apply central-bank, capital-flow, carry and positioning analysis to FX markets.29 videos · 12-month access
- Current price
Standard price
$2,999discounted price $2,099.30 with code pftmrich30pct, save 30%12-month course access
- Tools included
- Core Workbench + FX Toolkit12 months with a verified referred enrolment
- My review
- Read the PFTM review →
Prices, discounts and course terms are set by ITPM and may change at any time. Last checked 17 August 2026. Please verify the final price and terms at ITPM checkout.
Where you enrol
You pay ITPM directly and ITPM applies the discount at checkout. A verified referred enrolment through this site also adds the Workbench tools that match your course.
ITPM's recommended order is IPLT, then PTM, then POTM, then PFTM. PTM is the flagship and the one ITPM requires for Institute Trader status. POTM and PFTM can be purchased separately, though ITPM positions both as specialist follow-ons to PTM. ITPM sets the sequence out in its own course FAQ.
Ask Richard which course fits
Course questions come directly to me. Tell me what you already trade and what you want to learn, and I'll tell you which of the four I'd start with.
How I approach these reviews
These reviews are based on taking the courses myself. I focus on the content, the type of student each course suits and the best way to use it. I don't give courses a score, because a single number implies a precision these decisions don't have.
Where I state a fact about a course, it comes from ITPM's own published material. Where I give a view, it's mine and I say so.