Frequently Asked Questions

All traders that qualify to trade a prop account will have a specific statistical breakdown done based upon their results from the training. The statistics will help guide decisions to understand when a trader is outside the normal boundaries for his/her trading. There will be no fixed dollar loss boundaries, but instead you know in advance all the details of our analysis regarding equity drawdown parameters. All traders will maintain low levels of overall portfolio risk by focusing on high quality trade set ups utilizing our trade selection process.

Yes of course. Risk control is pivotal to trading success no matter your skill level. You will learn a new way to view the markets but the foundation is based upon controlling the risk within the limits of each individual trader while minimizing overall portfolio heat. Your Trade Run Probabilities TM will guide you to a deep understanding of your trade sequences and edge. You will be taught a very specific position sizing algorithm, and how to manipulate this algorithm so you can increase/decrease returns and drawdown.

Absolutely. You will be able to trade any liquid market in any timeframe you desire utilizing the same trade set ups. Trading multiple markets is an excellent way to move through markets to locate the set up with the most favorable ratios. We will be focusing on a small portfolio of futures markets in the Protégé Class covering the Indicies, Treasuries, Energies and Currencies. Be careful when using a system or method that specializes in certain markets and/or has arbitrary fixed values such as 1 point stops. Your method must be robust to succeed year in and year out. You will not learn to be dependent on a software program here. You will learn to trade the markets period.

No. The only software you will need is a charting platform such as Tradestation, Esignal, Ensign or we can arrange a free simulation with a recommended broker utilizing a front-end that provides charting. You will learn to read price action and structure your trades on the techniques and methodology taught in the class. Technical indicators are not inherently flawed, but the trader utilizing such tools must be able to understand price action if he is to succeed utilizing such tools. Popular oscillators such as the MACD, Stochastics and RSI will not make up for technical weaknesses in your trading ability.

This is a very important question. Experience has taught that those who are currently in highly volatile situations will have a lower probability of successful trading. Some examples could be poor health, financial peril or a divorce. You must commit the time and effort necessary to learn the behavioral and technical skills of a successful trader.

All traders enrolled in the Protege Class will be taught an objective methodology that quantifies an edge in any market, condition and time frame. First you will be taught how to quantify market structure so that you many objectively understand what trade set up to employ. Trade set-ups complete with specific trade selection rules, entry techniques and a complete exit methodology. Every trader in the Protégé Class will complete the course with a clear understanding of the methodology. Each trader will also be provided ongoing support to assist the transition to professional trading after the class completes.