1. How many trades per month will I receive?
We do not force trades on, we wait for our trend trading algorithm to tell us when and where to enter a position. Some months we get a lot of signals, other months we might only get one. Market condition has a lot to do with that.
2.How much money do I need to start trading your signals?
Great question, we recommend never risking more then 2% of your account on a single trade. If your account size is small, we also will recommend the mini size contracts (if available). I truly don’t think there is a perfect dollar amount to have in an account to trade our signals. You need to determine your risk appetite and never trade with money you can’t afford to lose.
3.What are the most traded futures?
We trade them all. If they are trending we are trading!
4.What brokerage should I use?
This is not a solicitation by any means, but I love ThinkorSwim. But you need a brokerage where you can trade all futures contracts.
5.When will I receive the trend trade signals?
We will email you the entry/stop a day before we take the trade. Sometime sooner! A lot of the entry and even stop adjustment emails will come in the evening time.
6.Do you trade stocks or Forex?
No. We only trade futures.
7. Can I cancel my membership at anytime?
Of course you can. All you need to do is send us an email and we will cancel your membership.
8.When do you post your weekly videos?
Typically we will update them on Saturdays and send them out Sunday.
9.How big are your stops?
In the first few days stops are normally a lot bigger, thats when you have the highest amount of risk. Over time as we are riding the trend our stop will move and we will start locking in profits. Now the dollar amount a stop could be on a signal contract will vary, the more volatility the larger the stop.
10.Should I take all the trades you send out or should I pick and choose with ones to take?
Diversification. To use this strategy correctly you need to take all signals, but and this is a big but…YOU need to trade with no more then 2% risk per trade. Period!