Frequently Asked Questions (FAQ)
❓ Who is this program for?
This program is for serious traders who want one-on-one coaching in real-time market conditions. It is not for casual learners—traders must be prepared to execute trades live with Monday every day.
❓ How much time do I need to commit?
📌 Traders must be available for daily live market sessions during trading hours. If you cannot commit to this schedule, this program may not be the right fit.
❓ What if I miss a live session?
- If a trader misses a session, they must review the trade journal and market notes to catch up.
- No refunds or rescheduling will be provided for missed sessions.
❓ Do I need trading experience to apply?
📌 Beginner traders are welcome, but they must complete the pre-course materials and demonstrate commitment during the interview process.
❓ Will I be trading with real money?
Yes. This is a real-market, real-trading experience. Traders should have at least $5,000 – $25,000 in trading capital.
❓ Is there a refund policy?
📌 No refunds. This is a high-level mentorship, and traders are expected to be fully committed before enrolling.
❓ Can I extend the training beyond 2 months?
Yes. Traders can enroll in the Ongoing Mentorship Group ($1,500/month) or request private coaching sessions ($5,000 for 4 sessions).
❓ How do I apply?
1️⃣ Fill out the Application Form (link to be provided).
2️⃣ Complete the Trader Assessment Call with Monday.
3️⃣ If accepted, complete the Pre-Course Preparation.
4️⃣ Begin Live Trading Sessions!
❓ What Are Trading Ruleset?
1️⃣ Pre-Market Position Adjustment (4:30 AM – 9:30 AM)
- Exit positions that are green to lock in profits.
- Reduce or close positions you’re uncertain about.
- Hold only those with high conviction and strong upside potential.
2️⃣ Avoid Early Market Noise — Trade After 10:30 AM
- Wait until after 10:30 AM to enter new trades, allowing the market to stabilize and trends to emerge.
3️⃣ Exit Some Positions by 11:00 AM
- Lock in gains or reduce exposure before the lunch lull when volume typically drops and price action becomes choppy.
4️⃣ Afternoon Re-Entry (1:00 PM)
- Scan for renewed opportunities with volume confirmation.
- Never force a trade—wait for your setup.
5️⃣ Final Exit Window (Around 2:30 PM)
- Start closing positions for the day before the late-afternoon volatility spike.
6️⃣ Volatility & Price Awareness
- Constantly monitor price action and intraday volatility. Only trade stocks with strong, clean moves.
7️⃣ Outstanding Shares & Liquidity
- Only trade stocks with sufficient float and liquidity to ensure smooth entries and exits.
8️⃣ Track the VIX
- Use the Volatility Index to gauge overall market risk sentiment. High VIX = higher risk/reward setups.
9️⃣ Use Key Technical Indicators
- RSI: Look for overbought/oversold signals.
- Moving Averages (EMA/MAs): Use as dynamic support/resistance. Respect trends.
🔟 Risk Management is Paramount
- Use hard stop-losses on every trade.
- Risk no more than X% of your account per position (set your limit and stick to it).
- Never average down.
1️⃣1️⃣ Trade the Trend, Not the Noise
- Adapt your strategy to the broader market trend (bullish, bearish, or range-bound). The trend is your friend.
1️⃣2️⃣ Journal Every Trade
- Track entries, exits, setups, emotions, and outcomes. Review regularly to refine strategy.
1️⃣3️⃣ Control Your Emotions
- Stay disciplined. Trade your plan—not your fear or greed.
1️⃣4️⃣ Never Stop Learning
- Read, study, watch the tape, and backtest. Stay sharp with market news, earnings calendars, and new strategies.
1️⃣5️⃣ Reduce or Exit Before High-Impact Events
- Exit or trim positions before major economic reports (CPI, FOMC, Jobs Data, etc.).
1️⃣6️⃣ Take Profits Ahead of Earnings Reports
- Avoid holding into earnings unless it’s part of your strategy. Lock gains before the risk window.
1️⃣7️⃣ Set a Max Allocation Per Trade
- Define a strict dollar or share limit per trade to maintain consistency and avoid overexposure.
❓ What trading platform do you recommend?
1️⃣ Download and Install Webull
- Visit the Webull website or download the mobile app.
- Create your account and complete identity verification.
2️⃣ Setting Up for Day Trading
- Log in and download the Webull desktop platform for an enhanced experience.
- The desktop version allows multiple windows to monitor various stocks and charts simultaneously.
3️⃣ Customizing Your Dashboard
- Use the Widgets feature to add and organize elements like watchlists, charts, and order books.
- Arrange widgets for clear and efficient tracking of your trades and market activity.
4️⃣ Placing Trades
- Click on a stock in your watchlist to open the order entry window.
- Select your order type, input share quantity, and confirm your trade.
5️⃣ Utilizing Advanced Tools
- Explore Webull’s technical indicators and charting tools to refine your strategy.
- Set alerts for price movements, breaking news, and other key updates.