- Trading Expert’s primary goal is to teach you how to trade the way professional traders do!
- We are Licensed with our Series 56,66 and 7
- We are located on Wall St in New York City
- Between our founders, we have over 10+ years of trading history!
- For any general inquires email us at TradingExperts1@gmail.com
- Check us out on Instagram @TradingExperts
- Check us out on Snap Chat @TradingExperts
- Check us out on Twitter @TradingExperts1
What brokerage account do I need?
If you're brand new and have an account of $10,000 or less then RobinHood is probably your best bet as there are no commissions or trade fees. You get what you pay for though and it is the simplest of all platforms.
If you have more than $10,000 and are looking for a more professional platform contact us and we will point you in the right direction.
Will I be successful?
We are asked this question quite frequently and in the simplest sense, that question is very much dependent on YOU. Your success will be dependant on the work that you are willing put in. We'll give you the tools to get there, but the rest is up to you.
When presented with a task or opportunity are you the type of person who will accomplish it immediately or do you say I'll do it tomorrow, next week, during the next full moon? If you're the former you have a shot, if you're the latter it's going be a tougher road. When my partner and I started trading professionally for a firm on Wall Street, our starting class of around 20 traders dwindled down to 10 in the first couple months. Then down to 5 over the next 6 months. Now, it's just the two of us that are still trading today. It's not an easy game and there are no guarantees.
Trading has the highest failure rate in ANY industry and is only for those who are thick skinned. In this game you’ll likely be wrong more than you're right, if you can’t admit or I accept this then you don't stand a chance. But, if you do put in the work and make the necessary adjustments to your strategy, you'll never work a day in your life.
Will I be financially independent/make good money?
Money is all relative to the eye of the beholder. $100k might be the dream to one person, while the same $100k might be a night at LIV in Miami to the next. Will you be chasing a $17,000 check month 1 or even month 12? Probably not. Trading is not an overnight, get rich quick scheme.
The trader who wants fast money, ends up with faster losses. The patient trader makes real money. As a new trader starting off on your own, trying to teach yourself usually results in losses. I was in this bracket when I started at age 16. I can learn on my own, I'll teach myself, etc. But like most new traders, frankly, I didn’t know shit. The real learning came from my first trading mentor and without him I wouldn't be where I am today.
In the simplest sense we risk about $1 to make $5 in each trade. For example if we buy 100 shares of a $50 stock, this is a $5,000 investment, if we're wrong and get stopped out for a $1 loss per share that's $100. If the trade works we aim to make $500+. With this type of risk/reward, we can be wrong 80% of the time and STILL make money.
How much do your services cost?
Our most popular membership is the All Access which includes full access to our 7 trading programs, our legendary Alpha chat as well as two weekly newsletters The Shake Down and The Big Picture. To find out more click here
How much do I need to invest?
The answer is different for everyone, but to properly trade, you cannot have the money you invest affect your day to day living. For example if you have $1,000 to invest and if tomorrow it were to be gone, would you still be able to pay your rent, buy food, make your car payment? What if it was $10,000 or $100,000? Every one situation is different so it all depends on your financial situation.
Do we trade penny stocks?
Absolutely not! We rarely trade cheap stocks (stocks under $20), 75% of the time the stock is at least $50 a share. We understand that not everyone has the capital for owning expensive stocks, but they are very accessible within the option market. We offer a systematic approach to the stock market, while penny stocks offer a lotto ticket. If you want read up on why penny stocks are worse than gambling at a casino after 12 vodka clubs click here
Do we trade 3X ETF's?
If it's not penny stocks, new traders love them some NUGT and JNUG and we are sent DMs about them all the time.
Think of them as twin dime sorority girls who are always down, yet have herpes. Do you get in bed with them? Those that do will later regret those few minutes of fun.
In the past 4 years Gold itself is down a few %, yet due to the daily rebalancing of 3X ETFs and the window dressing of constant reverse splits to prop their prices up, these two are actually both down over 90% in value. See the monthly charts of all 3 above. The main candles are GLD, while the orange and red lines are overlays of JNUG & NUGT respectively.
If 2 years ago you had invested $10,000 in either of these two toxic vehicles, then you would have less than $1,000 of that money left today.
Now most will say "but TE I'm just going trade them not hold them...." These names can fluctuate some 50% in value over just a few weeks. If you KNOW how to trade then sure you can make some quick gains, but most new novice traders are "Reactive" traders, they see the now obvious trend and are late to the move and will typically buy near the top as the trade turns or shorts low as it reverses.
The main question to ask yourself is "Do you want to trade something that has lost virtually 90%+ of it’s value in 2 years?”
We know it's tough to turn down twins, but when they have herpes, sometimes you just have to.
Do we trade affordable stocks (under $10 a share)?
No. Sure having 1,000 shares of a $1 stock sounds a lot cooler than having only 10 shares of a $100 stock, but there is a reason why higher priced stocks can yield lower risk and higher returns Click Here to find out more!
What kind of return can you guarantee?
There are no guarantees in investing, but our trading philosophy yields our risk to be around 1% to 5% of our capital per trade. For example, if we have $1,000 invested in a stock, our risk can be anywhere from $10 to $50 per trade, sometimes more sometimes less. Our sweet spot for locking in profit is at least 5% to 15% on a day to week time frame. This figure can sometimes be higher as every trade is different.
What do you usually scan to find your stocks?
We focus on 2 main patterns. For longs we look for bull flags in the upper right corner of the stock’s daily chart (near highs). For shorts we look for bear flags in the lower right corner of the stock’s daily chart (near lows). We look over every stock in the S&P 500, NASDAQ, and the Russel 2000 stocks (trading above $30 and up) every morning and every evening. From there we find the best set ups and execute them.
Do I give you my money to manage?
We can do this if you have over $10,000 and if you have less it would be best to focus on learning how to do it yourself.
How do we find the stocks to possibly invest in?
Everyone's risk tolerance and goals are different, we offer trade alerts but these are only available to our members once they complete our Beginner Program. Most new investors want to jump into the market as soon as their cash clears and they are quickly confronted with losses because they are uneducated- for this reason we want to ensure that you know the fundamentals of trading first. We have a test that if you pass you can skip the Beginner Program, but with trading comes patience; the markets will be here today, tomorrow and the next 100 years. We want you to learn first then profit later.