1. What is the difference between a trading system and a trading methodology?

Systems are software programs that rely on back tested hypothetical situations that are then applied to live markets. Most systems promote their track record. That track record is typically not from real time trading. Systems work well for position trading. Systems identify unique opportunities that occur on occasion in different markets. Systems do not perform well for short term intraday trading. A methodology is a set of rules that you follow. A methodology follows a set of principles based on technical analysis that can be applied to any market condition or time frame. Back to FAQ main menu

2. How long does it take to learn the Thinslice Trading methodology?

Trading is just like learning any other discipline. It’s based on a number of factors: previous experience, your willingness to change. It typically takes a person 6 weeks to learn a new habit. Normally the people with zero experience can begin trading real capital in 6-8 weeks. People with investing/trading experience are the most difficult and take the longest. It’s hard to break bad habits. It's hard to discard unnecessary information that is hindering trading abilities. Experienced people feel they can take shortcuts.

Simply ask yourself how long does it normally take you to learn a new skill based on your own experiences. Trading is no different. The value of unlimited training is you can take the necessary time to learn with our support. Back to FAQ main menu

3. Why do people fail?

Lack of patience. Unrealistic expectations. Unfortunately people approach trading with unrealistic expectations. In other areas of their lives it may have taken a year or years for someone to grow a business or achieve accolades in a profession. People approach trading with the idea they can view some information and then a week or two later they will be making large sums of money. They are unrealistic and impatient.

First you need to be exposed to a number of different market conditions so you can start to identify those conditions and then understand how to perform correctly in each condition. Markets trade in cycles. The conditions change in each cycle. Back to FAQ main menu

4.What is the track record of “Thinslice Trading”?

If you are investing in a fund where someone else is going to be trading your money, then you would need to review their track record since that person's performance is what you are investing in. Systems use track records based on hypothetical market data (back testing). A methodology can identify a performance target. However it is all dependent on you. If a person was to stick to the rules, over 70% of the trades should achieve a profit. Back to FAQ main menu

Bad habits. Losing weight is a simple process. Here are the rules-1. Eat less. 2. Exercise more. Two simple rules that millions have difficulty applying. Trading is no different. The concept of rule application seems simple. That actual application can be difficult. Back to FAQ main menu

6. Is there a guarantee?

Yes (only in continental North America, restictions apply). Attend the online class on a regular basis. Participate in the weekly live trading sessions on a regular basis. Utilize the 1-on-1 tutoring and attend the 2 day onsite class. If you diligently attend all areas of the training on a weekly basis and after 6 months you just cannot learn the program we will refund your money. Remember, failure 90 % of the time is due to lack of patience and unrealistic expectations. Guarantee only applicable to Platinum package. Back to FAQ main menu

7.What is scalping?

There are two types of trading: position trading and day trading. Position trading is when you establish a position in the market for days, weeks or months. Scalping is a day trading strategy. You are literally scalping a piece of the price movement. Your trades last from 1-3 hours.

Often individuals who get involved in trading are applying strategies and indicator packages that should only be applied to position trading. Its important to not co-mingle strategies. Thinslice Trading is a pure scalping technique developed to day trade the FOREX market. Inconsistency in trading is typically a result of using position based strategies and indicators to day trade. Back to FAQ main menu

8. Can I make a living trading full time?

Trading can be very lucrative. Remember you will not make a profit everyday. There are days when you cannot find a trade due to market conditions. If you take a realistic approach you can be successful. There is a growing number of individuals who trade for a living. The reason people fail at trading full time is due to over trading They equate trading to a job and feel they should be making multiple trades and trading everyday. Back to FAQ main menu

9.What is unlimited training?

Unlimited means no limitations. You can take refresher training forever. That is where the real value comes in. If you approach the training process as a one stop event then you will not be successful and you will not realize the value. Learning is a marathon, not a race. Unlimited ongoing training insures your success and keeps your skillset at its sharpest. Trading is a discipline and routine developed over time through a repetitive process. Back to FAQ main menu

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