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1. What is Day Trading?   This is where a trader buys and sells his stocks the same day.  He is in and out of the market the same day.   He does not hold his position overnight, or for a week, etc., as is the case with position and swing traders.

 

2. What percent of traders really earn money trading?  10 % make money, and 90% lose it all!  Why?  The 90% who enter the market are driven by the emotions of greed and fear.  They do not have a sound money management plan, and know very little about the proper techniques of trading.  The fact is, they do not have the proper training to succeed in this endeavor.

 

3. Why do professional traders earn so much money?  Professional Traders make up the 10% earning money.  This group of winners actually rakes in the 90% that is lost by the speculators – or the “dumb money”, as the pros are wont to call them.  If the 90% are paying the 10%, you can easily see why the 10% are paid so well.  After all, they know the rules and play by them.  You can too!

 

4. Can I become a successful professional trader?   Certainly! Trading is a profession that most anyone can learn.  However, it doesn't come easy and doesn’t happen quickly, unless you have access to  tutoring offered by us.   We provide the same foundation that all professionals acquire. 

 

5. How much money do I need to get started?  You can get up and trading with $5,000. in your trading account.

 

6. Is trading a form of gambling?  Yes, trading is gambling if you don’t know what you are doing – in which case, you would be far better off buying lottery tickets.  Traders are after price fluctuations, and investors seek return on investment.  Both require that you accept a certain amount of risk, which is minimized through the acquisition of knowledge.  Trading is no place for “hot tips”, and your emotions are best kept in your hip pocket.  When you trade, not knowing what you are doing, or off a tip, you are gambling for sure.  When you trade, after you have been trained and coached by a successful program such as we offer.

 

 

7. What is technical analysis?  Technical analysts use charts to help them assess what’s likely to happen next - to examine past price movements to forecast future price movements.  Technical analysts are trend followers who interpret price movement and trading volume via charts to determine tradable up or down trends. 


They use momentum statistics such as moving averages and trading volumes to predict the direction of the market.  Historical patterns can provide clues about so-called "resistance" and "support" levels where rising prices will stall and falling ones will hit bottom.  
To the extent that technical analysis works, it is because human psychology plays a big role in investors’ and traders’ decisions to buy or sell, and that doesn’t change much over the years.  Convinced devotees don’t really give a tinker's damn about the company’s business fortunes or outlook.  All they care about is sheer momentum.  They believe that everything that is known about the business fundamentals is already reflected in the stock price and could care less about valuation or business fundamentals. 
Momentum traders believe that price will move in the path of least resistance, and that path is defined by the trend in the price.

 

We welcome all questions. Call us at 312-730-3673

 

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