Frequently Asked Questions

Is this training only for newbies, or will experienced traders also benefit from it?

While new traders will be taught everything they need from A to Z, this program is definitely not built to be only for newbies. We teach everything we know, and dive into all the strategies and tactics that we use in our own trading. We go from the very basics to the most advanced, in a very structured and methodical manner. Experienced but struggling traders will likely find their trading finally transformed, as the gaps in their knowledge are filled, and the wrong methods they currently use corrected. Even profitable traders will likely find numerous unique insights that can have enough of a benefit on their bottom line to easily pay for this program many times over.

Which markets and trading instruments does the training cover?

The market that we use to explain all of the principles, strategies, and setups in the training is the E-mini S&P 500 Futures. If you trade this market (or any of the stock Index Futures like the Nasdaq, Dow, or Russell), the program is a perfect fit for you. However, even if you trade stocks, forex, or other types of futures contracts, most of the concepts and techniques are applicable, and you can still gain a tremendous amount from the training. We suggest that you go through the tour of our program and read about everything you’ll be learning before you decide to purchase it.

What are the benefits of trading the E-mini S&P Futures?

The E-mini S&P, which is the market we personally trade, is in our opinion the best day trading instrument you can find. It is one of the most liquid markets in the world, allowing you not only to trade with less slippage, but also to really scale your trading once you become profitable. There are very few markets that can handle huge position sizes easily, and the E-mini S&P is one of those. Given the intraday leverage it provides, a trader who uses it wisely with a relatively small account can make much more money than he or she could make trading stocks. However, please be aware of the high degree of leverage available in futures trading, which can work against you as well as for you. The use of leverage can lead to large losses as well as gains. It is also exchange traded, making it a much more fair market to trade than Forex. Altogether, we believe it is hands down the best trading instrument available to the independent day trader.

I’m a swing trader, is this the right program for me?

The training is heavily geared towards day traders, with our strategies and tactics specifically built for day trading. However, the first section “Your market framework” goes deep into how to read the markets contextually on any timeframe, and many of the practice drills look at the market from a big picture perspective covering days and weeks. All of the risk management and psychology is also applicable to all types of trading. So while the training wasn’t specifically built for swing traders, it will likely still prove to be more powerful than most swing trading courses you will find out there.

What kind of trading do you teach? Are you highly active scalpers?

No, we’re not scalpers. Our methodology average about 3 trades a day, with some days only producing one trade and others producing 5 or 6 trades. We look for the bigger market swings intraday instead of trying to capture only a few ticks. The method focuses on capturing good reward-to-risk setups rather than trading for accuracy.

Do you use any automated software to provide trade signals?

No. We’re completely discretionary traders. We read the market contextually and don’t even use any indicators. It’s all about reading the context to understand who is control of the market and what their directional conviction is. No computer can fully achieve this kind of insight and awareness.

I have a full-time job. Can I still follow your trading style?

Yes. The style and methodology we teach is not a hyper active trading style that requires you to be glued to your trading screen all day long. You can trade it part-time and pick your times and spots for trading.

If you have any questions that aren’t answered here, please feel free to email us at support@opentrader.com with any inquiry you may have.