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Frequently Asked Questions
What markets can I trade?
You can trade any actively trader market. Our focus is This trading system will work in any exchange traded market. We've used it to trade all the stock indexes, energy complex, grains and interest rates. However, we focus on the eMini S&P (ES) because of its inherent volume. All of the updates on the website focus only on the ES.
What timeframe can I trade?
You could apply this method to any timeframe, but we focus mainly on short term day trading setups. Our main chart is the 1-minute, though we also use the 10-minute chart occasionally. These concepts could be applied on a longer term basis for swing or positional trading, but that doesn't happen to be our focus.
How many trades are taken per day?
That's market dependent obviously, as we try to take what the market gives. However, on average we get between 5 and 8 trade signals per day.
How much risk is taken per trade?
We have a very small risk per trade. Our maximum risk is only 6 ticks (1.5 points) in the ES. We can do this because the EMDT method takes advantage of very precise entries that provide great trade location.
Is the trading plan complete?
Yes. So many traders just focus on the trade entry. There is so much more to successful trading, however. Entry strategy is critical. Exit strategy and money management are just as critical though. It's essential to minimize the amount lost on losing trades and maximize the amount earned on winning trades. That's the key.
Are the results real? Can I get these same results?
This question refers to our
trade-by-trade results. The answer is yes. As you can learn from the how it works page, the method has three parts. The first part is the trade setups, which are precise, rule-based, and systematic. Some traders take every signal in this systematic fashion, which will produce essentially the same results that you see on the results page. The exciting thing is that you can take it a step further and achieve a higher level of success. You can filter some of these system trades that don't make sense with the market logic we teach.
How long does it take to get profitable? How do I know your results aren't just due to your experience?
We'll answer that question from the perspective of the less experienced, more "novice" trader. If you have more experience, obviously, your time frame will be much more accelerated.
Expect to spend a few days to a week learning the trade setups. They're really quite simple, but it's better to estimate on the high side. Next, expect to spend a week or two in simulated trading. You should be profitable in simulation for at least a week before going live. We can also show you some techniques that can speed your learning curve, but there's no need to get into that now.
Is it really possible to trade for a living?
Absolutely, and then some. You need burning desire and you need a proven plan. We can supply the plan. The desire is something you'll have to ask yourself.
How do we manage trades?
We get all in and then scale out as our targets are hit. We also leave a portion open to catch the occasional runner. Here's a
video explaining our trade management technique. Here's a chart with a quick description of trade management.
Do you have to trade 4 or more contracts for the system to work?
No. You can start with just 1 or 2 contracts if you like. In fact, here's a
live trade example Justin did with 2 contracts to illustrate this point.
How will I know if I'm identifying trades properly?
The great advantage of our program is that you can compare you trades to ours daily. We post numerous charts and post a 15-20 minute recap video each night. You really can't overstate how valuable this ongoing reinforcement is to your learning curve. You're not left to fend for yourself. You can quickly correct any errors and you gain confidence by seeing how it's done. You can learn more about the recap videos, and much more, in the what you get section.
How does the EMDT Software work?
This question is addressed in the
how it works section, but the proprietary, copyrighted software is able to define the market's dual-auction process in real time, letting you know key continuation, reversal, and deceleration points. The software creates what we call "Balance Areas", "Paint Bars" and "Deceleration Points" to make exact trade entry and expected market direction quite simple. The software also helps you manage trades for maximum profit. Click here for an
example chart of the software.
Why don't we use technical indicators?
Short answer - you don't need it if you understand what really makes the market move. The eMiniDayTrader (EMDT) software is unique. You've likely never seen anything like it. That's because we don't use any technical analysis or lagging indicators like you're probably used to. We use only
true market generated data, which is price, volume, and time. Technical indicators are "once removed" from the market.
What charting software do I need?
The eMiniDayTrader software (explained in the
how it works section) is compatible with NinjaTrader, eSignal, TradeStation and MultiCharts.
Do we have relationships with brokers that allow for free charting and low commissions?
Yes, that's one of the many benefits of purchasing the EMDT course. There is a way to get totally free charting with low commissions.
Do I need a Market Profile?
No, you don't need a profile. We give you all the key levels for each day. However, if you're really serious about trading for a living, it's worth doing eventually.
What do you get when you order?
View the what you get section for complete details.
What is the price?
There are two pricing options.
1) $1497 for the course and then $197/month for ongoing support, member center access, and software usage. (Order Now)
2) $4997 for the course and then lifetime support, member center access, and software usage. (Order Now)
Is there a guarantee?
Yes, and it's quite simple. If, after 60 days of trading, the system hasn't made at least double what you paid, we'll refund your money. There are very few "no risk" situations in life, but this is one of them. Best case, you have a profitable future of trading ahead of you. Worst case, if the system doesn't work as advertised, you get your money back.
How do I order?
Click here to order. We accept Visa, MasterCard, American Express, Discover, and PayPal. We process our transactions through PayPal. However, you DO NOT need a PayPal account to place an order.
Click here to
Order Now.
What happens after I order?
You will choose a username and password. After ordering you will be directed to the Member Center where you can begin the learning process, get your software, watch videos, etc. (more detail at the
what you get section).
How is the customer service?
Excellent. We pride ourselves on taking great care of our clients. You're not just a number and we don't leave you to fend for yourself. Of course we ask that you try to find the answer within the thorough course content, but any questions you may have we are happy to answer.
Any other questions?
Please don't hesitate to contact us.
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