I’m new to trading. Is this above my head?
Maybe, maybe not. The core courses are advanced, but we also have primer courses for getting started.
If you sign up to a course, but feel you also need some additional info, just ask. We’ll point you in the right direction and help you get going.
This site is about making you a better trader.
Are we anti-prop firm?
No not at all. If you want to trade for a prop firm, just don’t go in empty-handed. Go in armed with as much knowledge as you can. MasterClass training will help you with this.
The more training you have beforehand, the better perspective you will have.
If they are teaching you one style of trading, you will have a better appreciation of when to apply it. You’ll also know when to knock on the manager’s door to ask for more limits and a wider range of markets. You will be better equipped.
The guys that do well in prop firms are the ones that forge their own path.
Personally, I learnt a lot at prop firms, but it didn’t bring out the best in me as a trader.
Why is the MasterClass training better than that at a prop firm?
When trading privately, you have far more freedom to trade how you want.
When learning independently of a prop firm, you can form proper opinions rather than be brain washed into one strategy that might not be the right thing.
Prop firms tend to push you into one style of trading even if it’s not for you or in the best interest if your account balance.
This is partly to do with covering their backside and partly to do with them earning more commission.
So many times, I have heard a prop traders say “my account is down, but would be up if it wasn’t for commissions”.
Are prop traders taught spreading as their main method?
In futures, as far as I know, yes. At the least I can say most are. This has changed only in recent years as old school scalping has disappeared thanks a little overcrowding and algo activity.
That said, there are still plenty of scalping trades out there.
If you plan to scalp one market, you still need to know how spreading works. Why? Because spreads and market correlations drive pretty much every market.
Every FX market, every crypto, every commodity market, all indices, all interest rates – these are all correlated to other markets. To know one market, means you must know several.
How do I pay?
You can pay via PayPal or use your credit card (still processed via Paypal).
Advanced encryption, fraud protection and it’s simply easy to use. We use PayPal to provide our customers with peace of mind.
What About Security of My Info?
The site records your name, username and email. We can see what pages you access and your IP. If you want your detailed deleted, just ask. No hard feelings.
It’s a secure site, but even if the naughty people broke in, there is nothing to take. That’s why we use PayPal. PayPal are the ones that process payments and maintain pretty hardcore security.
What is Your Refund Policy?
It’s a case by case basis, but, the fairest approach is ‘if you use it, you own it’.