Dynamic Trading Academy in Chicago - S&P e-mini day trading course

Dynamic Trading Academy in Chicago - S&P e-mini day trading course

S&P e-mini day trading course offered by Dynamic Trading Academy in Chicago

I am posting this message for those who are planning to learn S&P e-mini intraday trading and looking for a trading course. The information provided here is based on the enrollment in the course offered by the Dynamic Trading Academy located on West Jackson Boulevard in Chicago. This instructor owned academy offers a course consists of a 30 page manual and three months of his live paper trading performed during market hours. Each student can see and listen to his trading on a computer in real time via HotCam internet connection. A student can also paper trade or trade

with real money by mimicking his live trades. After 10 weeks of trading, his result turned out to be not profitable enough to pay for the commission. During the 10 weeks he averaged 7 trades per day. Assuming that a typical commission rate is $6 for the round turn, the average daily commission comes out to be $42. His trading results based on

one contract for 49 days are a gross gain of $1155 and net loss of $973.5 after the commission. Mathematically, the commission has to be $3.37 per round turn to just break even. It should be pointed out that his course does not train a student to be an independent trader because he does not disclose some of his proprietary technique. A student needs to subscribe to his trading room to fully utilize his methodology after 3 months is over.

There is a quarterly charge for the subscription. You should also be aware that his guarantee is based on a gross profit and applies only on the difference between the highest gross profit achieved and the amount of tuition. He does not publish daily results every day, so a student would never know the actual result of his trading. In my opinion the owner/instructor of Dynamic Trading Academy is a prime example of a trader who tries to make money from selling a course because he can not make money from trading for himself. If you are planning to learn e-mini intraday trading and looking for a course, avoid Dynamic Trading

Academy and save your hard earned money and precious learning time.

George F

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