Saturday, January 23, 2016

I heard The Trading Coach has a 3 step approach to becoming a successful trader. What is it?

1. First you sit with the Trading Coach and watch him trade his own account.  See the kinds of trades he makes, the reasons why,  and the results as they happen.

2. Then you apply the techniques you have just learned to "live" situations but with play money.

3. When you are comfortable with your own results (with play money), you start to trade your own account.

Wednesday, January 20, 2016

Why do people hang on to losses and how do they get into that position?

Markets car be diabolical. They love you to take a position, move quickly against you and then, because your losses are too big, have you hold it indefinitely as your losses mount. Students of the The Trading Coach learn how to not only avoid this pitfall but to take advantage of the phenomenon.

Tuesday, January 19, 2016

What is The Trading Coach's fee structure? What results can I expect?

We feel you should only pay for results, not promises.  Consequently, the fee structure is $950 for 4 one and one half hours sessions. And if your trading account is not positive after two months, $700 is refunded.

Monday, January 18, 2016

The market has recently dropped 2,000 points with many stocks down 20-50%. What to do?

Best to watch technical indicators and chart patterns.  Ignore opinions from the media or others.  Be patient, be disciplined, watch for the signals and make the trade.

Tuesday, January 5, 2016

Is there a particular time of day that is best to trade currencies in the US central time zone?

It is generally best to trade between 7:30AM and 11:30 AM Central time since both European and American banks are open during that period.

Monday, January 4, 2016

Why do I have to understand charting and the technical underpinnings of the market?

Well, the Dow was down almost 300 points today.  They didn't announce it yesterday on TV or the internet.  But the charts and the technical studies provided you with a warning,