FAQ

If you are such a good trader why even run a trading service?

This is a question that we here at Day Trading Forex Live get quite often, and is something that I as the head trader take to heart. When I first began my trading career, I like many others found that most often day trading courses, education packages, and proriotairy software that is often sold in the forex market is nothing more than a way to make a non-trader rich, and thus we offer this service. In the beginning I lost everything by trading “magic systems” and “100% accurate indicators“, something many if not all forex traders have experienced. This is why we offer a live forex trading room where we call our personal live trades in real time. In addition to that we provide a through explination for every trades entry, exit, and trade managment. Doing so live cuts threw the BS, there is no way to fake education when it is done live. In addition to that we feel a personal obligation to provide a quality service to educate forex traders new and old alike. To sum it up we run a live trading service because we enjoy the satisfaction of giving something back, not only that, but giving something back thats truly educational.

What can I expect from your service?

Above all we are a forex education service. The main reason we strive to provide education is because we know this is the greatest benifit to our clients. We stive to make you a professional trader and that is our entire goal and purpose. Unlike other trading services we are not here to keep you in the room forever, rather to provide a quality forex education that will enable you to trade on your own. That being said our live short term day trades, scalping setups, swing trades, and position trades are called out in real time and are easy to follow should you choose to do so. By calling out our personal trades we enable you to see the education in action and thus we feel this is essential to teaching you to become a full time forex trader.

Im new to the forex, will I be able to follow along?

In short YES! That being said there will no doubt be termonology that at first you do not understand. To use an analogy when you are studying for a profession, any profession, there is always a learning curve and the same is true with the forex market. After joining I recommend you watch the “Orentation Video”. This video will guide you threw the service and will give you the basics required to follow along. In the live trading room you will be able to ask questions and in fact, we welcome all questions! This is YOUR live trading room, our clients are why we exist! Therefore for us to fufill our obligation to give the best forex eduacation possable we emplore you to ask any and all questions no matter how simple you feel they might be.

How many trades do you call per day?

As discussed before we are primarily a live forex educational service that calls live trades to show the power of the live education. Having said that there are anywhere from 1-3 trades placed per trading session. During economic news releases there is usually only 1 trade called if any, as news trades are very dependant on the economic release itself. On rare occasions a trade may not be called during any session, but to reiterate this is very rare. Its is very important to remember one thing, forex trading requires patience and as professional traders we know this is an absolutely essential part of trading. If there are no trading opportunities we refuse to call a trade just to make a trade, after all why make the brokers money when you don’t have to? One thing that you can be assured of is that day in day out we will strive to teach those in the live forex room how to do this for a living through live trade examples, or if no trades are called standard “textbook” educational format.

As “FAQ’s” are sent to us through email, or by your suggestion, we will add to or subtract from the FAQ section as needed.