Benefits of Learning How to Trade With IDTA

Support For Success
We focus strongly on supporting traders along their journey to consistency

Extensive course library

Strong support channels

Live trading rooms

Online workshops

Incredible trading community

Carmel D – QLD 2019

International Day Trading Academy Member and Trader
“It’s really helped me focus in on trading as a transition to lifestyle […] as I moved from my past 12 hour workdays to the financial freedom that trading gives me.”

What are the benefits of learning how to trade?

There’s a good reason why more and more people want to learn day trading right now

Learning how to trade can open a lot of doors. Day Trading and scalping trading provide the potential to leverage your time and money in order to live your own lifestyle. What we are able to do as Traders, is seek to make profit from the markets, we can do this virtually when we want and where we want. There are only a few tools required in order to do this, just a trading platform, laptop, internet connection, and a live market.
It develops technical and mental skills needed for Day Trading. Learning how to trade is not easy, you need to learn the technical and mental skills required. It’s important that you have a strong understanding of fundamentals, and that you practise trading on a simulated account before you trade real money.
Learning to Day Trade with an academy can give you necessary support in your trading journey. It takes time to learn to day trade, and a solid support structure is crucial. At the International Day Trading Academy, we offer a day trading mentoring program, as well as local “Trading Hubs” where our members get together and learn from each other. We are proud of our support system and believe that we are one of the most hands-on trading educators in the country.

What Does a Day Trader Do?

A Trader connects to a market via an “Exchange” using their trading platform software; From here they can view graphs and charts that provide information. A Trader uses this information in predicting high probability outcomes. A Trader will make money if they successfully predict which direction the market has moved (price has gone up or down).

As Day Traders we are able to seek opportunities in markets that allow a lot of this movement. This means that we are able to get in and out of a trade very quickly, sometimes in a matter of minutes. That being the case, a typical trading day for us is about 60 to 120 minutes. This means our members have the ability to work 10 hours or fewer per week.

We cover this in our Free introductory trading web classes.

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The Traders Lifestyle

Trading can be a great way to leverage your time and money. There are many markets available to trade meaning that there are many options available for when you can trade. This is particularly true for those living in Australia and New Zealand as the time zone allows you to trade outside of 9am-5pm.

Trading also provides great flexibility when it comes to how and where you can do it. Because all that is required in order to trade is a computer, trading platform, and internet connection. Trading is highly portable, as long as you have those 3 things, along with a trading account with enough funds available, you can trade anywhere.

Trading also has its downsides, it does need to be respected and taken seriously. Not all traders are able to be profitable. We concentrate much of our time in ensuring that our members have the competency and support structure in place before they start trading live.

Unlock the best way to learn day trading, register for a free class now.

What you need before you
start learning how to trade

A Proven Strategy

At the International Day Trading Academy we believe that the best way to learn day trading isn’t just teach you the theory of trading, but also to teach you how to navigate around an actual working trading strategy.

This strategy is the same strategy that we use each day we trade in the Live Trading Room.

We also use custom build day trading indicators that compliment our strategy

A Trading Plan

A trading plan is essential to your success as a trader. Learn to trade effectively with the support of a curated plan, which will help you understand what your goals are and how much risk you are willing to apply in order to achieve those goals. It is difficult to remain consistent if you are not measuring your progress.

A Method For Staying on Track

You need to measure your performance and whether you are following your trading plan.

The best way to do this is to use a trading journal. This is where you will keep record of your trades as well as your notes and lessons learnt.

A Support Channel

At the International Day Trading Academy we offer several support channels. We provide mentoring/coaching, trading hubs, live trading rooms, and hands-on support.

Mindset Skills

When you learn how to trade it’s not all about trading chart patterns, and other technical skills. Mindset and trading psychology play a major role in your success. Trading is 80% mindset and 20% technical skill, so it would make sense that you concentrate a good amount of time into understanding how to control your mindset and improve your chances of being a successful trader.

Simulation Platform

It is absolutely crucial for a new trader to practice their skills and knowledge in a simulated environment. This ensures that you learn to trade comfortably by trading virtual funds rather than risking your own funds. Once (and only once) you are able to prove yourself capable of trading real money do you open a live trading account.

FAQ About Learning How To Trade

Is learning to trade worth it?

To a degree this depends on the person. That said, there are many people who would tell you that learning to trade is worth it.

The lifestyle benefits of trading are vast and unique.

There is an opportunity to find more flexible working hours, and spend less time working.

You can choose where you want to work, so long as you have a computer and internet connection.

You can seek a full-time or part time income from your own home.

There are many reasons why we believe trading is well worth learning.

Why learn how to trade?

Learning how to trade can open up the door to a lot of opportunities. It can provide a job or business that is flexible on where and when you work, as well as how long you choose to work.

Trading can afford you the ability to spend more time with your family, friends, or just have more time for yourself.

It can be a less physical job that can be done in more comfortable settings, such as your own home.

It’s a way of working where you control the decisions and drive your own successes or failures.

What is the best way to learn day trading?

Everyone learns differently. Most educators will provide video course work, or live events. But, they lack the support channel to be effective educators.

The International Day Trading Academy has a very strong focus on supporting all members. Our mission statement is “trading better together” and we strive to achieve this.

We provide video coursework and live events along with practical coaching and mentoring.

We believe that all of these channels help target all people suited to different styles of learning.

How to learn how to day trade

Is learning to trade hard?

If you’re learning how to trade on your own, it can be hard.

It’s important to have a support channel and consistent education.

Some may not find trading the easiest skill to pick up. At IDTA we guide each and every one of our members to ensure they become the best traders they can be.

What is the best way to learn day trading?

The number 1 rule of learning how to trade is to only learn one trading strategy.

This strategy can contain multiple setups and signals, but the methods should be consistent.

Most people learning online pull their education from various places which leaves an inconsistent strategy.

The best way to learn day trading is to have a consistent source for your learning.

It also helps to learn through various mediums and teaching methods.

One of the most valuable things that you can look for when learning to trade is a support channel. This is our main focus when teaching, we strive to “trade better together”.