LIVE TRADE ROOM - PRIMER COURSE
Learn how we trade in the Live Trade Room
VIDEO 1
UNDERSTANDING RISK
Understanding and managing trading risk is the key to trading profitability. If you seriously want to earn money trading then we urge you to get a grip on risk. There are a number of wider global risks when you start trading: have you picked a regulated broker; is your money safe; do you have negative balance protection, et cetera.
We’re not going to discuss these types of risks now. If you are unsure of what these risks are, we urge you not to trade until you have educated yourself. Please feel feel to ask.
VIDEO 2
THE MARKETS WE TRADE
In the live trade room. We trade index and Forex markets.
In the morning European session, we primarily trade the Dax and the FTSE, we then trade cable: pound/dollar, euro/dollar, euro/pound and gold. The primary index markets the Dax and the FTSE may give us trade setups on daily, hourly and short intraday time-frames. Whilst the 4X markets are considered for trade set-ups on daily and hourly timeframes.
VIDEO 3
TRADE STRATEGIES
In the live trade room. We do not get hung up on labels for trades, we're not particularly interested if the trade is a trade "with the trend", "swinging", "momentum", et cetera. These and labels like these are subjective labels that don't generally help us.
The majority of the trades that we take are taken at key support and resistance levels on the markets we trade and our entries are supported by price action at these key support and resistance levels. These levels enable us to take reversal trade and breakout trades.
VIDEO 4
COMMUNICATING TRADES
All our live trade room trades are clearly marked up on a chart in advance of the trade being taken and published in the live trade room and on the members' telegram group. We use colour coding on charts based on the traffic light system: amber for entry price; red for the stop price; green for take-profit.
VIDEO 5
INDICATORS
VIDEO 6
TRADE PANEL EA
DISCLAIMER
Any investment is at your own risk. WARNING: Trading carries a high level of risk & are not suitable for all investors. The leverage associated with trading can result in losses which may exceed your initial investment. Consider your objectives & level of experience carefully before trading & if necessary seek advice from a financial advisor.
NO EARNINGS PROJECTIONS, PROMISES OR RESULTS OR REPRESENTATIONS
You recognize and agree that we have made no implications, warranties, promises, suggestions, projections, representations or guarantees whatsoever to you about future relationship prospects, or that you will earn any money, with respect to your purchase or subscription to Online Training or Copy Trading Services, and that we have not authorized any such projection, promise, or representation by others.
Any earnings or income statements, or any results or income examples, are only estimates of what we think your results could be. There is no assurance you will do as well as stated in any examples. If you rely upon any figures provided, you must accept the entire risk of not doing as well as the information provided. This applies whether the earnings or income examples are monetary in nature or pertain to personal growth and development (whether such development can result in cash rewards or not).
There is no assurance that any prior successes or past results as to earnings or results (whether monetary or emotional and career wise, whether convertible to cash or not) will apply, nor can any prior successes be used, as an indication of your future success or results from any of the information, content, or strategies. Any and all claims or representations as to results are not to be considered as “average results”.
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