Our method is applicable to any market, in any timeframe. We have heard from a number of students who are applying our methods to a variety of markets (equities, equity options, index options, currencies, bonds and other commodities) in timeframes varying from 2 minutes to weekly charts to monthly charts. Our course material, however, focuses on daytrading S&P futures on 5 minute charts.

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Question # 3 - I don't want to "day trade". how does this work for more intermediate and long term trades ?

Our method is applicable on longer timeframes and other markets than the S&P 500. We have had numerous reports from students applying our approach to other timeframes and markets than those covered in the course materials. The only differences are that one may need to adjust the volatility filters and stop parameters. When trading the daily chart one can expect a holding period of an average of 2-4 days.

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Question # 4 - I trade stocks, not futures. Is this only for futures trading?

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No, it can be applied to stocks as well. We have a number of students who trade stocks in timeframes ranging from 2 min. to daily charts and they have been satisfied with our approach. Our materials, however, are geared to stock index futures.

The fact is that futures are simpler than options and offer more profit potential than stocks.  With the emergence of the S&P mini futures, trading has become faster, simpler, and safer. 

Here are five reasons why futures are far superior trading vehicles to options and stocks:

Reason # 1 - Futures are much simpler than options.

Options are very complex.  You have to worry about expiration dates, strike prices, delta values, and a bunch of other hard-to-understand terms.  You also have to figure out how to choose just the right stocks to trade out of thousands of potential stocks.  It takes way too much time and it gets very complex.  With futures, you just trade the S&P index every day.  Simple.

Reason # 2 - You don't have to pay big premiums with futures.

Because there are a bunch of complex rules that restrict you from selling options when you want to there is less liquidity, the spreads are wider and you have to pay higher premiums.  On the other hand, you can buy and sell futures anytime you want, which lowers the risk of holding them.  This means that you don't have to pay the same big premiums you do with options.

Also, you get more bang for the buck with futures because margin deposit requirements are lower. 

Reason # 3 - You don't have to pay high interest charges with futures.

In order to leverage your money with stocks you have to borrow "on margin" from your brokerage firm.  To borrow this money you have to pay a big interest charge.  Not so with futures. 

Reason # 4 - Futures are easier to sell short.

I've already mentioned that you don't have all the complex rules to hinder you from selling futures.  To sell stocks short you have to first ensure that there is stock available to borrow for that purpose before it can be sold. If it isn´t available you can´t sell short, regardless of how good a short sell candidate the stock is or how good the opportunity is.  With futures there are no such worries, if you want to open a short position you simply sell when you want, without delay, and cover the short positions when you´re good and ready.

Reason # 5 - You can trade 24 hours-a-day.

Many futures on major indices and forex pairs can be traded 24 hours-a-day.  The S&P, for example, can be traded from 5:30 p.m. Sunday to 3:15 p.m. on Friday.  You can trade pretty much anytime you want.

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Question # 5 - What kind of expenses are involved in getting started trading ?

Real-time quotes will run from $50-$300 pr. month or so depending on data vendor (Quote.com, eSignal, CQG, DTNIQ etc.) and number of exchanges bought (CME, CBOT, ICE, NYMEX etc.). This and the software lease for your charting and trade execution platform is your primary on-going expense. Charting software ranges from free (Quote.com's QCharts) to $2,500 for TradeStation by Omega Research. Basic trade execution software or online order-entry interface will usually be provided free of charge by your broker but some of the more advanced order-entry/trade execution platforms carry a monthly lease fee.

Finally, if you don't own a computer you will need to get one. The cost of a suitable 'off the shelf' system from a reputable vendor starts at approx. $500.

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Question # 6 - Is your course set up for a beginner who has no understanding at all ?

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The Trading Success Toolkit is designed to be an intermediate course about online trading.  It assumes you already possess an understanding of the basics of online trading. 

You can and should invest in beginner and basic trading books, which are offered at your local bookstore such as Borders or Barnes&Noble.  We will be happy to suggest a couple of books for you to read to get a basic understanding of trading.

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Question # 7 - As a novice, what amount of time would it take me to really master the program ?

It varies how long it takes students to gain the confidence necessary to start applying the approach in the markets. We have had students who have started trading within a week of receiving the workshop, and we have heard from a couple who paper-traded for 6 months prior to starting. Realistically, expect to spend several hours with the materials for the full course and 4-6 weeks paper-trading before you are ready to start trading. Since there is less material to review and fewer patterns to master with the Trading Toolkit one can expect to need less time with that to get started than with the full course.

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Question # 8 - Is the Trading Success Toolkit just a sales pitch for your full Breakthrough Day Trading Workshop?

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The Trading Success Toolkit is not a sales pitch.  It provides real value to the our students.  Many students have taken the Trend Change Pattern taught in the seminar and immediately begin to use it successfully in their trading. 

However, the Trading Success Toolkit is not Breakthrough Trader's primary educational offering.  We offer a 3-day "Breakthrough Day Trading Workshop" and a comprehensive day trading home-study course that you can learn more about at www.breakthroughtrader.com.  In addition, Breakthrough Trader offers a Continuing Education and Coaching Program that is available to students after they have purchased the full workshop and home-study course.

We do provide literature in our mail outs that provide more information on our full workshop and home-study course.  Many of our students who have found value in the Trading Success Toolkit, have continued on with their investment in the full 3-day workshop and home-study course.

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Question # 9 - Do you offer a money back guarantee ?

Yes, we are so confident that you'll find value in the Trading Success Toolkit that we offer a full 60 day unconditional money back guarantee.  To receive your full refund simply send an email to info@TradingToolkit.com to request your refund and send the materials back that you've received and we'll credit you the entire amount of your purchase, less shipping costs.

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