FREQUENTLY ASKED QUESTIONS
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What is thedaytradegroup.com, and how is the website useful?
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What is the
Mirc page? And is it free?
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I'm new, where can
I get educated?
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I need to excel my learning curve, where can I do this?
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Do I need
level 2 platform to daytrade?
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How does The Day Trade Group differ from other chat rooms?
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Is there a free trial
period?
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Why the subscription
fee now?
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What is the
The Day Trade Group "Bot"?
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What is the best way to understand the moderator's alerts?
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Should I
trade the alerts in the channel?
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What do you get with the
first 3 day Trial of the text and voice room?
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What do I receive once I
pay for the text/voice session?
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Is there any cheaper fee?
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I was a paid member and I
cancelled, I want to re-join again is this okay?
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What do I get with a four month package and is it right for
me?
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Once I sign
up, what is the next step?
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I signed up how
does billing work?
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I have experience day trading, but have no time doing the
research in the market, will this room serve me well?
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Do you trade $1.00
stocks?
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I see so many sites like this, how do I know this is right for
me?
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I feel like I will never make it in this business, should I go
on?
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I lost my confidence in this market, is there hope?
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I really do not like anyone having my credit card information,
what can I do?
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What is thedaytradegroup.com, and how is the website useful?
The
thedaytradegroup.com website offers great educational resources
to traders of all levels. There are free and subscription based
voice & text chat areas within the site, designed to give the
trader a heads up in the market.
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What is the Mirc
page? And is it free?
The
Mirc page is a text only chat area that you can access for free
from the Day Trade Group website. In this room you have access
to a wide range of market information such as news, earnings
numbers, real-time stock and futures quotes, plus much more. You
will also find answers to general questions , help from
administrators, and more information about the Day Trade Group
site in general. This is a great place to familiarize yourself
with the Day Trade Group site in general.
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I'm new, where can I
get educated?
The Day Trade Group now offers different subscription based
packages. One being the fee based voice/text chat room. You can
"listen" to live market commentary throughout the day and get
stock alerts/triggers. This is the only area that will feature
swing trade alerts. Also have access to interactive charting
forums, and regularly scheduled special guests. This is a great
place to get guidance and a great heads up on the market
environment.
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I need to excel my learning curve, where can I do this?
Another package The Day Trade Group offers is the Private Tutoring
sessions. Here, along with a small group of other traders you
will learn effective methods and strategies to apply to your
trading. Individualized attention, specialized interactive
charting sessions, and the psychological aspects of trading are
all available here. This is the best place to learn, build
confidence and achieve consistent trading. Space is limited and
registration is on a first come first serve basis. This package
requires serious time and financial commitment, only certain
people will be accepted.
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Do I need level
2 platform to day trade?
Depends on the seriousness, day trading takes a certain timeframe
and patience to achieve success. Utilizing your tools are key. A
quality level-2 platform should be used. You may want to ask the
lead traders what platform is best for you. Many traders using a
level 2 platform have different styles and use different tools
within the platform.
Need help with a level 2 platform?
Send an E-mail
Trade@thedaytradegroup.com
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How does The Day Trade Group differ from other chat rooms?
The Day Trade Group is all about education and making traders
independent, consistent and successful. Alerts and triggers are
carefully selected and well defined to protect traders from
getting into any kind of trouble. Moderators are directly
approachable and offer a great deal of guidance and help. Also
the group environment is very positive and encouraging. There is
no noise, no pumping stocks, no cheerleading or bragging, and no
unsolicited opinions floating around the room, just focused
trading. Most people involved enjoy being able to help others
who might be having trouble or who are confused. That is what
The Day Trade Group built itself upon and will only grow to offer
more. Can you name a chat room that cares this much?
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Is there a free trial
period?
Yes
there is. The free trial is for 2 weeks only and it gives you
access to the voice/text room with the live commentary,
alerts/triggers and swing trades. If there happens to be a
class that day, you get to take advantage of that also. Your credit card
is required to register for the free trial and is automatically
charged if you do not actively cancel your trial membership
after the 2 weeks.
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Why the subscription fee
now?
The Day Trade Group has been available free for a significant
amount of time. It has succeeded in helping many people and
still helps more everyday. The cost of keeping this site has
also risen now that more features have been added and more are
still to come. So a subscription model is being put into place
in order to grow the organization. Now people have a choice, the
free Mirc room will always be open for discussions and help but
will now be limited in terms of certain information. The premium
information will be available in the pay areas.
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What is the Day Trade Group "Bot"?
There are a few bots actually. The main one in the Mirc room is
Belle. You can use Belle to get all kinds of market information
like real time stock quotes, news, stock pivots, earnings
numbers and great deal more. There is a help page available that
lists all the input commands. (Click
Here). Take advantage of
this resource, because at full potential Belle can be a great
addition to your trading arsenal.
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What is the best way to understand the moderator's alerts?
Question them and study there outcome. This requires discipline
and only dedicated traders will be capable of doing this. You
will l find over time that there is a method and consistency to
these calls. It will take at least a month or two to really get
comfortable with the way they work. Don't jump in and expect to
trade them consistently. You must give it time.
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Should I
trade the alerts in the channel?
Absolutely not. That is, until you've done your homework and understand
the different types of alerts, risk involved in each
one, and the strategy behind the alert. Is it a scalp only? A
momentum grind? What's the difference? If you can't answer that,
then you need to sit back and learn. Here is a great page that
has explanations of the alerts and the strategies behind them.
(Trigger
Alerts).
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What do you
get with the first 3 day Trial of the text and voice room?
Our Newsletter the night before for Trade Setups (click
here for SAMPLE)
Entry to our Private Text Alert / Classroom all day everyday.
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What do I
receive once I pay for the text/voice session?
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Our Newsletter the night before for Trade Setups
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Entry to our Private Text Alert / Classroom all day everyday.
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Entry into our site, stored data base information of previous
classes.
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Access to our Charting Classes and sessions. Theses sessions are
in a 'live' market environment also after market.
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Access to any text class we have.
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Access to any weekend sessions we may hold.
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Is there any
cheaper fee's?
Did you mean for not taking a stop in a stock or a future trade
or for the education we supply?
We focus on not losing money in this market, and that is
primary. Our fee's cannot be compared to what so many have lost.
We want you to be profitable, build confidence and trade this
market!
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I was a paid
member and I cancelled, I want to re-join again is this okay?
You bet it is, This time lets focus and really see what is going
on. We understand this market is tough and it may get tough on
you as well. Welcome to the world of professionals! Lets kick
Wall Streets butt!
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What do I get with a three month package and is it right for me?
We feel this is the best for anyone looking to take it slow and
really see what the market is all about without losing money.
Understanding and giving yourself plenty of time is the best
way. A real way of becoming a professional and a day to day
basis. This package includes all of the above and more. You get
a package in the mail that sets you up for this market. This package is for the serious who do not want to
start this business losing. Education step by step.
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Once I sign up,
what is the next step?
You receive an email with instructions. Our moderators are in
the main forum should you ever have any problem.
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I signed up how does
billing work?
Once you signed up your trial will start the next day. Note your
sign up day because billing will commence on second week. You
will be billed for the next 30 days then be billed again. It
does not matter what day you started we set it from your day of
arrival. We do not pro-rate any charges unless a moderator gives
the ok. That is usually done if a member decides they want to
upgrade their package.
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I have experience day trading, but have no time doing the
research in the market, will this room serve me well?
You bet it will. Our due diligence we pride our self on. We hit
key alerts and our swing trades are our step ladder to our
success!
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Do you trade $1.00 stocks?
We sure do. Risk % is carefully considered.
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I see so many sites like this, how do I know this is right for
me?
Great question. First of all our moderators started off and
continue as successful day traders. They took the lumps and
bumps and put this all in a format so you do not have to. We
want you to succeed unlike so many who do not really care. We
want you to stick around and be a Team once your complete. Try
us out and see the difference.
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I feel like I will never make it in this business, should I go
on?
Call us and do not trade anymore. Talk to one of our staff on
the phone. They will ask you a few questions and let you know
what it takes, you will have the answer once your done. If you
like just ask a moderator in the room. We never charge for phone
consultation. Do others?
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I
lost my confidence in this market, is there hope?
You bet there is! We refine and teach you how to gain that back
and more!
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I really do not like anyone having my credit card information,
what can I do?
The Day Trade Group does not hold or have access to that
information. You have the choice to do what you please. We do
that for your protection and convenience. The Day Trade Group has
gone through the certification of being a secure server. Our
authentication is checked by the Veri-sign seal of approval for
authenticity.
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