Trading Questions

What is Foreign Exchange?

Foreign Exchange, also known as Forex or FX, is the exchange of money from one currency to another.

And the FX market?

The FX market is made up of banks and brokers all exchanging money in one currency for money in another. There is approximately $3.98 trillion traded on the FX market every day – more than all the stock exchanges in the world put together! Because of that, there is huge liquidity, and the inability for anyone to control the market – high volumes and high liquidity mean trading opportunities to buy and sell.

So how can I make money from FX?

Have you ever changed money for a holiday and then back only to find you’ve lost/gained money? This is the essence of an FX transactions. We buy and sell currency based on an expectation and probability of where the exchange rate is heading.

Do I have to get up early when trading?

I guess that depends on your definition of early! Certainly the strategies that you will learn are designed to be operated between 06:30am and 09:00am UK time. This may mean you being up a bit earlier than normal but believe me, once you see how you can make your money in such a short amount of time you will leap out of bed and be ready to trade!

Besides, if you need more sleep you can either implement the one set and forget trade (10 minutes!) or simply go back to bed at 9am! Your time is yours to do with as you wish! And isn’t it great to have that choice?

Isn’t trading risky?

That’s a risky view to take in our opinion as it’s all subjective and dependent on your level of risk. There is risk associated with trading without a doubt – wherever there is a return to be made, there is a risk, not just in trading.

 The view of trading FX being “risky” is one held by those who don’t know how to do it, once you have completed the event and learned the powerful strategies and how to apply yourself psychologically your view will change.

It sounds like I’m going to need a degree to understand this, am I clever enough to learn this?

Yes, we believe we can teach anyone to trade regardless of their intellect. Trading isn’t about intellect, there are no qualifications required for this job! In fact, having less qualifications would probably be an advantage! Trading is a skill, skills can be taught and learned. We will teach you this skill and how to apply it to create your incredible lifestyle.

Will I be able to give up my job / business after this event?

Possibly, but there’s no guarantees. We will guarantee to teach you all you need to know to be successful, you have our promise on that. How you apply that knowledge is critical. Giving up your job or business would be a massive decision to take and generating income from trading is possible, for most people though it’s about account growth first to get to a level where their account can still grow but be big enough to pay a salary. It’s all possible, Dave and Trevor have achieved this and will show you how. Different people require different levels of income and start from different places, so whilst it’s all possible, not many can do it immediately.

The beauty of what you will learn from Dave and Trevor is that because it takes so little time, you can actually do this alongside your job or business until such a time as your account and returns are high enough to pay you the salary you need. It can be done, but please don’t expect to be making your salary back within a month of the event, like anything else that is spectacular, it takes hard work and no one knows this more so than Dave and Trevor having spent years getting there. You can learn from their experience though and put together a plan that you will work at comfortable in the knowledge that each day you are getting closer to being able to give up your job or business.

If trading is so profitable, why sell courses on how to do it?

Great question and we’re glad you asked! Dave and Trevor are both abundant individuals and they will give whatever they can, in the past they have considered creating a course and even started to do so, but because trading is such a profitable activity, and takes so little time they both decided against it as it would be too much effort for too little reward. That was until they came up with the “Done By 9” concept, and this, I’m sure you’ll agree, is MASSIVE fun!

Dave and Trevor love trading, they love to share and they love to have fun! What better way to do that than teaching serious individuals to trade successfully whilst experiencing top hotels and cruise ships. The money from courses compared to trading is actually very small, but for Dave and Trevor, it’s the fun aspect of actually doing it all that makes it worth doing.

You mention about how I can make money even when I have losing trades – this doesn’t make sense, how does that work?

It’s too complex to go in to here and is content reserved exclusively for the course. Trust us though, you will be amazed at how you can do this. Both Dave and Trevor, even on a losing week will still make money, the course will show you how to do this so that you really do accelerate your income enough to allow you the time you want to have.

Do I need a trading account?

Yes, absolutely. You will need to have opened a trading account and funded it with trading funds prior to the course if you wish to trade live with Dave and Trevor. If you prefer a demo/virtual account then that’s fine – Dave and Trevor don’t advocate the use of these as it doesn’t teach any kind of trading psychology or emotion (the largest element that dictates the success of a trader!) – however, if you prefer to do that or are unable to open the live trading account in time, a demo account will be fine. Your email with the pre-course information will contain links to our recommended brokers.

How much money do I need to put into a trading account before the course?

As much as you can afford to! Dave and Trevor’s systems are designed to be traded with smaller accounts but we would suggest you consider a minimum of £1,000, ideally £5,000 or more.

How much can I make from this?

That really depends on your account size, the strategies you opt to trade and how well you trade them. All we can say is that, over time the strategies are profitable, Dave and Trevor will share their statistics with you on the course. Because there is no guarantee of any kind of return, they will happily show you both their returns and their losses too.

Dave and Trevor have losses? Surely successful traders don’t incur losses?!

I’m afraid they do. Every trader does and it’s something that every trader has to deal with – the ability to deal with losses psychologically is covered in the course, it’s very likely you may even see Dave and Trevor experience some losses throughout the week, but that’s real – Dave and Trevor are open and honest about their trading unlike most others – they don’t have huge ego’s and would rather tell you as it is.

I don’t want to lose though, how can I stop that?!

You’ll need to be prepared for losses, it’s an integral part of being profitable at trading so you have to go through it, now and forever – however, Dave and Trevor will teach you the psychology behind it all, how to handle losses and more importantly risk management so that when you do have some losing trades your account will survive and you’ll live to profit another day.

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