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FAQ page
Q: "I'm a total beginner, and I'd like to take plenty of time
to absorb your course - for how long will you support my learning?"
A: I provide unlimited access to
my email Mentoring Service for every month you remain a subscriber,
and of course access to my online WICS
newsletter, together with regular video updates of what I'm currently
analysing.
Within the Mentoring Service, I'll happily help you analyse any
particular chart that you might be interested in, as well as answering
ANY question connected with trading. I believe that current students
would agree it's a more than satisfactory service- check out the
'Client Comments' page.
Q:"I know you recommend the Sharescope charting package to support
your course. Why that particular one?"
A: For UK based traders, I believe
it provides by far the best value.You can get a free demonstration
CD at www.sharescope.co.uk,
or by phoning 0800 052 15 15 and mentioning 'TTEW'. Doing so will
entitle you to TWO MONTHS' FREE subscription to Sharesope Gold.
Alternatively, you can start things off for free by using charts
provided by the Financial Times on www.ft.com,
but if you are serious about financial trading, you will need
a charting package in due course.
Q: "I want to trade the USA market - can you suggest a charting
package to cover American stocks?"
Q: "How about Australia?"
Q:"In your course, you make frequent reference to 'Market Makers'.
Can you tell me exactly who they are? They appear to be very influential."
Q:"In the course, you go into a lot of detail about 'Money Management'.
Why is that so important? - Surely, if you see a 'winner' you
should jump on board! You seem overly cautious to me."
A:How do you know in advance that
it's going to be a winner? Please re-read that section of the
course, and email me if you are still uncertain, because otherwise,
you may not be around long as a trader!
Q: "I'm already a trader, and I find that I always tend to take
a small profit when one is available. Then inevitably the market
keeps going in my favour and I kick myself for not having had
the conviction to remain in the trade. Can your course help with
this?"
A: Absolutely. It's a major challenge
for many traders, and I have an EASY way to overcome it. (Though
you'll probably need to use the Mentoring Service a few times
till you become comfortable with MY way of dealing with this.)
Q: "Do you email students when you see a great trading opportunity?"
A: No, this is NOT a 'Tipster' service.
The Trading the Easy Way course is about guiding YOU towards YOUR
trading decisions, with my ongoing assistance. As you become familiar
with my methodology, you'll more and more be able to accurately
interpret the WICS charts for yourself. (And all the others that
you'll find from your OWN research.) MY 'Mission Statement', if
you like, is to help YOU become a self confident, self reliant
trader, so that if I get run down by a crazy snowboarder, you
won't miss me!
Q:"I've been surfing the Net and I see there are ebooks that
seem to offer courses in financial trading. They cost much less
than what you are charging - how do I know you offer value for
money?"
A:Check out my answer to the first
question, and then go to the ' Client Comments'
page. I think it would be fair to suggest that Trading the Easy
Way delivers on its promises. Ultimately of course it's for YOU
to decide whether or not to enrol - I wish you well, whatever
decision you arrive at.
Q: "I'm not too good at absorbing stuff from books. Should I
attend one of your seminars instead?"
A: I could say 'Yes' and grab your cash! In truth, however,
the answer is somewhat more complex. For example, if you are
planning to commit, let's say £2500 to your trading venture,
then DON'T spend the majority of it on a seminar! However much
the seminar might benefit your knowledge and confidence, you
wouldn't be left with enough capital to very rapidly recoup
your costs, and psychologically, you'd be very prone to 'overtrade'.
Trust me - I know!
If your budget is larger and you genuinely believe that the
written material will help YOU less well than 'face to face',
then fine - a seminar place might be the answer - but since
any purchase of the course is refundable against the seminar
cost, why not start with that? You might be pleasantly surprised
by how EASY it is to take in! If you want to discuss one on
one tutoring, don't hesitate to email
me. Please note however that no more seminars are meantime planned
- I have produced a 6 CD ROM set to
replace these.
Q "Am I correct in thinking you suggest a need to see high
volume before entering a trade?"
No, if you re-read that section of the course, you'll find
that I am suggesting that changes in volume are merely one of
the several indications I am looking for, to validate a trade.
Volume on its own is not the issue. For example, you might see
a big increase in volume, but hardly any price movement. All
that probably signifies, is that lots of people decided to sell,
perhaps to take profits, but an equal number believed the price
being asked was cheap enough for them to be willing to buy,
hence the buyers absorbed the sellers' orders. Clearly, in such
a case, it may well be that the price itself will subsequently
rise, but the 'volume' part of that story has little meaning.
Conversely, you might see a big price move on very little volume,
which could mean a bit of chicanery by the marketmakers, trying
to tempt people either to buy or sell, depending on what other
factors might be present. So don't get too 'hung up' on volume
issues per se- they are just part of the overall picture.
Q "What about Directors' Dealings?"
The same comment applies as for
'Volume'. They are only a part of the story, and their role is
to validate certain positions I might be considering. Recent Director
sales/purchases do NOT need to be present for me to order a trade
if the other indicators that I use warrant doing so. This is covered
in more detail (as are most of these questions) in the 'WICS
Archive'
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