| What
knowledge of the markets do I need to start trading? |
 |
|
In-depth knowledge of stocks, options, futures and FOREX markets, is not
essential. Our course teaches methods of technical analysis, which involves
the charting and interpretation of price data independent of fundamental
considerations. |
| |
| Are
you going to give me trading systems? |
|
| No... Our
goal is to help you learn to read (ie. chart) and analyze the price action
so that ultimately you can develop your own trading methods and apply them
to the patterns and trends identified by you in the data. Our view is that
you will never really be able to implement a trading system or method until
you know how to read and analyze the data. |
| |
| How
much money does it take to open an account? |
|
| Although
we recommend starting capital of at least $10,000 ($U.S.), you can get started
with as little as $2,000 ($U.S.). Keeping in mind that you will need
to confidently withstand a learning curve. The funds used should be risk
capital. |
| |
| What
does it take to be a successful trader? |
|
| Traders
come from all walks of life. The most important traits of a successful trader
are flexibility, consistency, patience, discipline and self-control. |
| |
| How
computer literate do I need to be? |
|
|
Computer literacy has nothing to do with successful trading. You will only
need to know how to use the right trading software and this will be taught
to you in our course. |
| |
| What
about the financial risk? |
|
| Using the
right software and a sound risk management strategy, you can limit your
financial risk in any trade to a pre-determined amount, which is comfortable
for you. We will teach you how to place"stop loss" orders so you exit
trades at the appropriate time. You will need to risk money in this business
and you will occasionally lose money. However, if you follow the risk
management techniques taught by us, you may limit your financial risk and
keep your losses to clearly defined amounts. |
| |
| Can
I trade from my own office or home? |
|
| Yes, we
can provide you with all the equipment and services you will need to trade
from your own office or home, including data feed and software. |
| |
| Can
I trade part-time? |
|
| You
can trade part-time from the comfort of your own home or office using the
internet effectively. |
