If you have any further questions please contact us at
Info@Trading4Traders.com
• How can I follow you?
To be able to follow us during the real market time you will have to be fast and concentrated. We highly recommend that you trade with a simulator (without using actual cash) until you have during this time we will give you important information on when to enter and exit the market. As soon as you feel confident you can start to trade with real money. During this time we will give you signals on when to enter and exit in the market.
To be able to follow us during the real market time you will have to be fast and concentrated. We highly recommend that you trade with a simulator (without using actual cash) until you have during this time we will give you important information on when to enter and exit the market. As soon as you feel confident you can start to trade with real money. During this time we will give you signals on when to enter and exit in the market.
• What is different about your trading room?
This room is for day traders to make money for a living/ consistently We do not try to copy other trading rooms. We want all members to feel confident about their trading. We do not want you to trade alone.
This room is for day traders to make money for a living/ consistently We do not try to copy other trading rooms. We want all members to feel confident about their trading. We do not want you to trade alone.
• During the Live Market do you give education or explanations?
I’m sure after 1stweek; you will follow my style of trading.
I’m sure after 1stweek; you will follow my style of trading.
• How many trades do you do per day?
Depending on the market condition.
• What is your daily goal?
There are no goals, if the market gives you an opportunity to make 10 or 20 pts. Why not take it. It is a big mistake to make goals, you will be rushed, make mistakes, lose control leading to loses. The GOAL is to make money constantly everyday. You have to be flexible.
There are no goals, if the market gives you an opportunity to make 10 or 20 pts. Why not take it. It is a big mistake to make goals, you will be rushed, make mistakes, lose control leading to loses. The GOAL is to make money constantly everyday. You have to be flexible.
• How much money can I risk during a trading session?
Maximum 2-3% of your total account
Maximum 2-3% of your total account
• How many contracts do I have to trade?
If trading 1 contract, first target is 1 pt., you have to decide if you want to take the profit or wait until 2nd point. Only after 2nd point you have to move stop lose to break even. This is a conservative trading rule. If trading multiple contracts (for example 2 contracts) sell ½ position and keep profit running. We will give signals when you have to EXIT all positions. Don’t forget everything depends on the current market condition.
Money Management is one of the most important rules to be a successful day trader.
If trading 1 contract, first target is 1 pt., you have to decide if you want to take the profit or wait until 2nd point. Only after 2nd point you have to move stop lose to break even. This is a conservative trading rule. If trading multiple contracts (for example 2 contracts) sell ½ position and keep profit running. We will give signals when you have to EXIT all positions. Don’t forget everything depends on the current market condition.
Money Management is one of the most important rules to be a successful day trader.
• Why is this trading room so cheap? Other trading rooms may cost up to $300 or more a month.
With the help of other traders I have been able to build this website as a tool for traders just like you, to learn, share and exchange ideas. For this reason I do not feel the need to over charge you. We only want to be able to maintain this website.
With the help of other traders I have been able to build this website as a tool for traders just like you, to learn, share and exchange ideas. For this reason I do not feel the need to over charge you. We only want to be able to maintain this website.
• What Trading platform do you use?
As there are many on the market, you have to find the one that gives you fast price execution and that you are comfortable with before you start trading.
As there are many on the market, you have to find the one that gives you fast price execution and that you are comfortable with before you start trading.
• Do you recommend a certain Trading Platform?
I usually recommend Trade Station, e Signal, and Ninja Trader.
I usually recommend Trade Station, e Signal, and Ninja Trader.
• What are a few common mistakes made by amateur day traders?
One of the most common mistakes is when a trader wants to enter into the market with limited capital money. You would need at least 10,000 for 1 contract. Do not even think about trading with less than that amount. Another common mistake is when traders don’t stick with their plan. A bad trade is not when you are wrong about the market direction; a bad trade is when you don’t stick to your plan.
One of the most common mistakes is when a trader wants to enter into the market with limited capital money. You would need at least 10,000 for 1 contract. Do not even think about trading with less than that amount. Another common mistake is when traders don’t stick with their plan. A bad trade is not when you are wrong about the market direction; a bad trade is when you don’t stick to your plan.
• Can I use The Library during the Free Trial?
No, this feature is for Members only. How can I benefit from The Library? Once you have become a member you will have access to hundreds of the most popular Books, DVDs and seminars. This material was put together by our group of traders that have wanted to share these valuable trading tools with you, so that you may educate yourself without all the added expense. We would greatly appreciate any material that you might like to share our on website.
No, this feature is for Members only. How can I benefit from The Library? Once you have become a member you will have access to hundreds of the most popular Books, DVDs and seminars. This material was put together by our group of traders that have wanted to share these valuable trading tools with you, so that you may educate yourself without all the added expense. We would greatly appreciate any material that you might like to share our on website.
