Benefits of Learning to Trade With IDTA

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

Extensive course library

Trading support network

Strong support channels

Live trading room

Live trading rooms

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Online workshops

Highly recommended day trading educatror

Incredible trading community

Carmel D – QLD 2019

International Day Trading Academy Member and Trader
“International Day Trading Academy Member and Trader lorem ipsum dolar sit amet”

What are the benefits of learning how to trade?

There is good reason why more and more people are taking up trading right now

Learning how to trade can open a lot of doors. Day Trading provides 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 few tools required in order to do this, just a trading platform, laptop, internet connection, and a live market.

Learning how to trade is not easy, you need to learn the technical and mental skills required. It is important that you have a strong understanding of fundamentals, and that you practice trading on a simulated account before you trade real money.

It takes time to learn, and a solid support structure is crucial. At the International Day Trading Academy, we offer coaching and mentorship 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 web classes.

What does a day trader do?

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Traders lifestyle

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.

What you need before you get started

At the International Day Trading Academy we don’t just teach you the theory of trading, we teach an actual working trading strategy. This strategy is the same strategy that we use each day we trade in the Live Trading Room.

A trading plan is essential to your success as a trader. A plan 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.

At the International Day Trading Academy we offer several support channels. We provide mentoring/coaching, trading hubs, live trading rooms, and hands-on support.
When you learn how to trade it’s not all about charts, 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.

It is absolutely crucial for a new trader to practice their skills and knowledge in a simulated environment. What this allows you to is trade 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.

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Get Started with Day Trading

07 5551 4050

Looking for help? Get in touch with us

Cameron Buchanan and Lachlan Elsworth Day Trading Educators

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