FREQUENTLY ASKED QUESTIONS
Can I become
a millionaire after attending trading JWT Mastery and
BPT Mastery?
No
professional minded people should claim that you could
become a millionaire overnight through FOREX trading. No
one should even tell you that you could turn $1000 into
$200,000 in a year or less unless you are willing to
trade with large contracts and undertake big financial
risks. Part of your learning involves knowing how to
control your losses and not just about profit making.
Trading results of each trader differs due to the
differences in the level of knowledge about the market,
trading styles, trading experience, psychology, level of
discipline and the ability to manage risks effectively.
Students are advised to apply what they learn in the
course in order to see results. We STRONGLY advise
students to practice the strategies taught in the course
and trade on demo account until they can profit
consistently before trading on a LIVE account.
Do
the
strategies guarantee 100% winning trades?
There are
no strategies that give 100% winning trades. Do not be
taken in by anyone who claims to have a FOREX trading
strategy that guarantees you profits in all trades. Our
systems are developed based on whether a particular
strategy has a higher probability of bringing you
profits instead of which particular strategy is 100%
accurate. One important rule of trading is that if it is
a proven strategy that works more than 60% accuracy of
the time, you need to stick to it. Don’t give up when it
didn’t work once or twice. Accept the fact that there
will be times when the markets do not go the way as
planned. If every trade is to work out profitably, then
there are no risks in FOREX trading.
What
should I do if my trades are not making profits after
attending JWT Mastery and BPT Mastery?
JFL's courses feature powerful strategies which
are copyrighted
and proven effective. We strongly advise our students to
return with your trading report and attend our review sessions. Our
appointed trainers would be glad to review on your
application of our strategy. This is to ensure that you
are applying the strategies in the correct manner.
Our team of consultants is committed to provide you with
quality on-going support to ensure your success.
How
long do you envision a new student to become a good
trader?
In general, a typical student would require at least 3
months of consistent trading in his/her demo account in
order to develop a reasonably sound trading experience.
Thereafter, in order to be recognized as a good trader,
you would generally need to weather through at least 1-3
years of trading experiences on live accounts (with
consistent and profit rates )and not forgetting a strong
Emotional Quotient to earn the credit of being good
trader. There are people who have been in trading
industry for years and yet unable to maintain a
consistent trading record with sound money management.
However, there are also some outstanding students that
outperformed the general amateurs and emerged as
resilient FOREX traders within the 6-18 months period
matching those of institutional traders.
How
can I be kept informed of new developments in the FOREX
Industry?
There are many resources in the market. These resources
will be shared and discussed during our classes. As part
of our Traders’ Network, we welcome our students to be a
lifetime friend or team member of our active trading
community. Attend our specially organized activities and
stay engaged! Visit our website regularly and check on
any updates from our Traders' Resource segment.
In
addition, we strongly encourage our students to
participate in our advance and supplementary classes to
further your knowledge and sharpen your trading skills.
It is also important to note that JF Lennon is 100%
committed to our continuous R&D efforts in developing
more efficient trading methodologies as well as fine
tuning existing strategies so as to help our students
gain better profits. Although the strategies taught are
robust and effective in all market conditions, the
organization will also update all of our
students/traders upon any changes made on existing
strategies (if any, to cater to major shift in market
conditions.).
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