Frequently Asked Questions
Answer all of your questions
Yes. We do not require any previous experience to enroll in the course. The lessons inside the basics section are specifically designed for people with absolutely no previous experience. The lessons will guide you step by step at your own pace.
This is without a doubt the most popular question that gets asked, its also the wrong question to be asking. The real question should be; “Can forex generate me a long term side income?” The answer is yes. However, like anything you will need to stay strict with yourself and stay persistant until you eventually learn how to trade. Lucky for you, you have found this course which will cut the unstructured learning curve and get your knowledge up to scratch very quick.
Everyone learns at a different pace, so it is hard to give an exact time period. However, i'd say roughly 40-60 hours to cover the writen content within the course.
Once you have bought the course, it is yours for good. You do not have a fixed time frame to get through it.
Absolutely, your success is directly related to how soon you start. Start with a small realistic objective and practice, practice, practice.
Yes. You have to crawl before you walk. It takes time and discipline. It is just like starting any other business. Apply the right rules, attitude, and diligence and many folks then begin trading full-time.
No, with your margin account you are buying the right to trade one “lot” of a currency. Each lot equals a different amount of currency, depending on the currency being traded verses the US dollar.
25% make money, and 75% lose money! Why? The 75% who enter the market are driven by emotions such as greed and fear. They lack risk management and know very little about the techniques of trading. The fact is they are lacking adequate and proper education for the task at hand.
Absolutely! Trading is a skillset that almost anyone can learn. However, it does not happen over night or in a few weeks. You must go through the same processes of education and mentoring that all professionals go through. Generally, we are becoming conditioned by numerous national ads into believing that trading is simple. If it is that easy why do we hear the horror stories about day traders? Why do 75% of people lose money trading forex?
I enjoy the contact and interaction with other traders. Trading can be a lonely business and I have met and been in contact with some amazing people through my coaching business. I also find that to coach someone I have to know my own course and strategy inside out. Teaching others also helps keep my own trading disciplined.