What can we help you with?
Q: Is this theory or practical knowledge?
A: This course is based on deep theory, practical and repetitive patterns that occur in all markets. We explain the theory but show you how the theory can be profitably executed from our personal trading experience. We use this systematic approach ourselves. Nothing is held back.
Q: If this trading method is so good, why are you selling it and giving away your secrets?
A: The course was developed when we needed to put our trading principles into a personal Trading Plan. Everything necessary to set up a complete trading business is included. We make it available at a reasonable cost for those who want to save time and money to develop a potentially profitable trading business with a minimum investment of time and money. We also try to put to rest all the “lobelia” hawked on the internet about making big bucks trading with no effort. This takes work!
Q: How long does it take to learn?
A: That depends on you. We give you all the settings and tools, even our templates for software. We suggest you practice trading with a SimBroker until you reach at least a 80% confidence level. That can take a few weeks to a month.
Q: How many monitors do I need?
A: The system is designed to be used even on a laptop. Optimal use is with two monitors; one for charting and one for order execution and news.
Q: Will I be able to trade using the WLT course?
A: Yes. The goal of the WLT course is simplify your trading into a few specific rules that gives you high probability trading opportunities.
The WLT course gives you a complete trading plan including entry and exit criteria. It also includes a complete set of money management rules and psychological guidelines for trading successfully.
Q: How much technical analysis is used in your course?
A: We explain everything in simple English. While technical analysis is the basis of our trading signals, The rules are simple, but for those who want explanations we provide them. The best analogy is that you do not need to know how to build or fix your car in order to drive it.
Q: Can a Beginner use this course?
A: Yes. We provide all the necessary tools to trade successfully. We also provide references and tools for those who want to do additional study. We offer help to those who have already been trading, but not too successfully. Bad habits or trying to trade every single bar is one of the greatest reasons for failure. Our approach is one of discipline and patience. Instead of literally hundreds of set-ups, we focus on only two chart formations that have an 85% probability of success.
Q: What size trading account do I need?
A: We learned a great deal from a few traders and not much from a lot of others. We did figure it out that both small and large accounts works for all trading account sizes. We set our stops at 1.0 -1.5 points and our goal is 2.5 – 5 points per trade. You can make money with this approach if you trade it consistently.
Q: Will these rules work in all markets and all time frames?
A: The markets are basically fractal in nature. This means that the patterns repeat on all time frames as do the indicator signals. While some markets are more volatile and others are sleepy and trending, you can use our signals for day trading as well as for swing trading. We do not trades stocks any more due to our desire for better tax breaks and more leverage, not to mention the up tick rule, we do have students using our approach on stocks.
Q: What is special about your course?
A: Three things that are not found in other courses:
Mental Tips on “How to Pull the Trigger”, overcome negative action patterns and how to anchor proper trading behaviors before you trade with real money.
Money Management Rules on how to maximize profits and minimize risks on each and every trade. You know the potential risks and rewards before you trade.
Trade signals are clearly called out with ALL the indicators we use.
Q: How many trades per day will the approach yield?
A: You should expect an average of two to four trades a day. There is always at least one great trade set-up a day. There are many profitable trading opportunities a day in the S&P market, as many as forty points per day available if you wish to trade everything. Only a few days will be difficult and we tell you how to spot them and avoid them.
Q: What type of market works best with your methodology?
A: The trading strategies are designed for both trending markets and non-trending markets. You can trade in all market conditions. We tell you how to identify and trade trending markets, how to identify the end of a trend and how to trade a trading range market. You will use the same indicators but look for different patterns in those indicators. We have students who trade the DAX, all E-Mini markets, FOREX and the Chinese Hang Seng Index.
Q: Do you provide a Free Trail?
A: Yes, We provide Free Trail for 30 Days to make sure, that you will have all the tools necessary to become a successful trader and that you can contact us at any time for clarification or assistance with any part of the course. We provide this support by a Trading Room chart of trades that illustrate our ideal set-ups, by email, and by telephone with desktop sharing if you really get stuck.
We provide no refunds without proof you actually used all the resources provided and practiced on a Sim Broker at the very least. Trading is part science and part art.
Q: Do you have a Live Trading Room?
A: We do. Details of the Live Room our included after your order has been processed. Outages do occur!
Q: I am considering other courses. How do I choose the right one for me?
A: There are many courses being sold today. It is confusing and the sales messages all promise riches with little risk. we have offers on our desk for courses that range from $1,500 up to $5,000 and software packages that promise to automate everything and remove your risk. If you believe them, buy from them.
After spending a lot on courses and books and losing a lot of money, we decided to figure this out ourselves or quit. The WLT course is the result. we reviewed an entire bookshelf of notes, charts and systems. we tested everything, every rule, every system looking for the secret to high probability opportunities. Our friends asked us to help them, so we shared the course and they are sharing in the benefits. You can too!
Q: I’m not ready to start trading just yet, should I go ahead and purchase your course if I’m not quite ready to start trading?
A: Of course, it’s never too early to start studying and preparing yourself for that one day you are finally ready to start trading. You can never study and prepare enough – the more you study and prepare – the better you will do when you actually start trading. Even if you’re ready to start trading, we would suggest SimBroker trading real-time while you thoroughly study and learn our course. Ask yourself this question: Does a doctor operate first or study and learn the procedures first? Of course the answer is they study and prepare long before they start operating. Why should trading be any different? our course will not only prepare you to start trading, but it will teach you the procedures to trade profitably.
Q: Where can I learn about futures or commodity trading?
A: You should look at both the links to Future Trading Risks and review on www.cme.com. For an excellent summary of technical analysis you may want to purchase “Trading for a Living” and the companion workbook. This is where we started seven years ago and it is still appropriate to review today. Because there are so many books on trading you can really get lost. Review our learning experience to see our path. None of these books will give you the signals or trading methods we use however.
Q: Can I trade more than 30 to 90 minutes a day?
A: Yes. You can break it up into two sessions if you like. Perhaps a morning session and afternoon session-make 1 point each session.
Q: Can I trade for more than two point a day?
A: Our e-mini trading course has advanced material for those who WANT to trade all day and earn more than two points a day. That’s fine to do.
Q: Can I use this with E-minis other than the S&P?
A: Yes! our method works great with the E-Russell and The Dow Minis and E- Nasdaq.
Q: How much money do I need to start?
A: Most brokers require a $2000 to $5000 starting balance to begin.
Q: Can you recommend a good broker?
A: Yes, NinjaTrader as the preferred trading platform and brokerage for our clients.
Q: How much are commissions?
A: Personally I would not pay more than $3 to $4.50 per contract, round turn.
Q: You mention discipline quite a bit. Why?
A: It’s that important. Whether you purchase our trading course or some one else’s, you need to be disciplined to follow the rules to the letter.
Q: Can I skip trading a few days here and there and still make money?
A: Absolutely. You will be making money every day you decide to trade! Of course you will not make money when you take a day off.
Q: Can I pay for my course in installments?
A: No. A simple one time payment is required. You should be well capitalized to trade futures and should not be trading with money you can not afford to lose. If you can not make a one time payment, you may not be ready for trading!
Q: Do I need a brokerage account to trade using your methods?
A: Yes you do. There are a lot of brokers out there. We recommend that you do not pay more than $3 to $4.50 per contract round turn. Anything more is highway robbery.
Q: What if I lose my internet connection while I am in a trade?
A: You need to CALL YOUR BROKER IMMEDIATELY. Personally, we always have a back up computer with a Rogers Internet Card ready to go in case our cable modem goes out. Its very prudent to have a backup and have your broker’s number on speed dial. I have not had this happen to me, but I am certain it could!
Q: I know I can make money when the markets go up. Will I lose when they go down?
A: The WLT method allows you to profit from up and down markets! Go to the beginners page and read about shorting the market!
Q: You state the WLT Course makes money every day, what about draw-downs? Do you have them?
A: OF COURSE! We never claim to win every trade. That’s impossible. A lot of new traders make the mistake of over leveraging their trading accounts!! we personally use a 5000:1 margin. Meaning we trade 1 contract for every $5000 in the trading account. A beginner should use a higher amount too. Most days are quick for us. We make our money and leave the table. Other days are tough! We have to work at it! The WLT Methods have had intra day drawdowns of 10 points or more – The WLT Methods recovered and still made a profit. Trading is not easy. This is why The WLT Course have very strict rules.