How To Identify Trading Scams

How To Identify Trading Scams

OFFICIAL WEBSITE: IncomeMentorBox.com

Yes, the main mission of our Income Mentor Box Day Trading Academy is to help you become professional and profitable day traders. However, there are lots of trading scams out there that you need to be weary of. Being able to identify trading scams for what they really are is what we want to teach you today!

Trading Scams – What Does The Leadership Look Like?

One way to identify trading scams is by taking a look at the leadership. Something that we here at the Income Mentor Box Day Trading Academy know all too well is that you must be able to trust the leadership of a trading application.

You can quickly tell if a trading application is a scam if the leaders are nowhere to be found. If you are on the website of some kind of autotrader, and the owners are nowhere to be found, you should turn around and head home right away.

You always have to think about why these trading scams do not disclose ownership or leadership information. It is because they are doing something shady and illegal, and they don’t want to end up in prison for stealing your money! The bottom line is that you always need to be able to confirm who the leaders and owners of any application are before you can rule out the possibility of it being another one of many trading scams out there!

Trading Scams – What Is The State Of The Company?

Another way to identify trading scams is by looking at the company itself. One of the main things to look out for here is the company address and registration details. When you look at various auto trading applications, you will notice that they have a listed address for the company.

Go look up the address on Google Maps and see if it is real and if it matches. If the address is bogus or belongs to another person or company, you can rest assured that the trading application in question is bogus.

You should also look up to see whether or not the company in question is registered as an official business where it claims to be registered. You should also check with both the FCA and the FTC to see whether or not the company is licensed to engage in such financially related matters. If you cannot find an address, registration info, and licensing details, you can rest assured that it is just another trading scam.

Trading Scams – What Does The Website Look Like?

Another way identify trading scams is by simply looking at the website. If you are looking to use some kind of automated trader, the website itself is usually a fairly good indication of what you can expect. What is the writing like? Is the writing professionally done? Does it have errors? Does the writing actually add value to the page, or is it just senseless rhetoric?

You should also look at the images and graphics on the site. Does the website bombard you with random images and videos, or does the site only feature images and graphics which help you to understand what is going on. If a website looks like it was thrown together over night, is very low budget, and just does not look good, it is safe to assume that it is another one of those trading scams you need to stay away from!

Trading Scams – What Do Others Have To Say About It?

these scams are usually not very quiet in nature. Ok, so they will always have really positive user testimonials featured on the website. However, it is easy to tell when these are fake. Often, trading scams will feature testimonials that look as though they have professionally written. Often they are also anonymous or use fake names. You should never rely on the user testimonials on the website itself.

However, what you should do is to do some research online and see what the general consensus is. General consensus is usually a pretty good way to determine whether or not an automated trading program is the real deal. If everybody is complaining about losing or being ripped off, it’s another one of those trading scams that you need to stay away from at all costs!

Trading Scams – What Does The Business Model Look Like?

Trading scams are often very vague in terms of how they plan to generate money on your behalf. Whenever you go to use any automated trader, you need to know exactly how it works. There are many scams out there which make really vague claims or just never really tell you how the software in question works. Folks, if the autotrader or trading platform refuses to tell you exactly what it is and how it works, it is probably a trading scam. You never want to use programs that are very vague in nature.

Trading Scams – What Are The Advertised Profits?

A big telltale sign of a scam is what they advertise in terms of profits. What you need to know is that there is never any guarantee in trading. Risk, specifically the risk of loss, is inherent in the market and there is just no way to get around it. Trading scams will promise you huge returns without a shadow of a doubt. So, when it comes to identifying trading scams, they will always advertise ridiculous returns and they will guarantee them too.

Trading Scams – Is There Some Kind Of Shady Referral System In Pace?

Generally speaking, referral systems are an indication of trading scams. Now, this is not always the case, as some systems do have legit referral systems. However, you do want to do your research. Do they actually pay out the referral bonuses as promised?

Identifying Trading Scams – Final Thoughts

The bottom line is that identifying trading scams is extremely important if you plan on using any autotrader. Here at the Income Mentor Box Day Trading Academy, our goal is to help you be the best traders you can be, and a part of this is preventing you being ripped off by trading scams!

Ask Us Anything You Want!

March 28, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Ask Us Anything You Want!

OFFICIAL WEBSITE: IncomeMentorBox.com

Do you have questions about day trading? If so, you should always feel free to ask us, the Income Mentor Box Day Trading Academy. Yes, we have a comprehensive course for day traders, but people still always have questions to ask. Please folks, always feel free to ask us anything about day trading, and we will always do our best to help you in any way we can!

Income Mentor Box, Ask Us

Ask Us About Trading Strategies!

One thing that we want you guys to ask us about is about trading strategies. Yes, here at the Income Mentor Box Day trading academy, we provide tons of lessons in regards to trading strategies. We have a lot of good course material focused around trading strategies. We also have lots of daily trading strategy updates. However, we do know that these concepts and strategies can be a bit hard to grasp. We do not expect you to understand everything the first time around.

After all, that would not be natural, and day trading is something which takes some practice to get the hang of. Therefore, if you are having troubles grasping the fundamentals, especially in regards to trading strategies, please ask us. If you ask us, we will do our very best to explain trading strategies to you in such a way that will make everything easy to understand. This is what we here at the Income Mentor Box Day Trading Academy are all about, explaining and teaching you how to be the best day trader you can be!

Ask Us About The Differences Between Types Of Trading!

Something that you might want to ask us about is in regards to the different types of trading. Here at the Income Mentor Box Day Trading Academy, we teach all kinds of trading. You can learn how to trade stocks, Forex, indices, commodities, CFD, and so much more. Of course, there are some big fundamental differences between these kinds of trading. Just because we taught you how to trade Forex does not mean that you are automatically ready to start trading stocks.

Something that we here at the Income Mentor Box Day Trading Academy can teach you is the difference between one type of trading and another. This is vital if you want to become a diverse and successful trader. So, if you have questions in regards to the different types of trading which you can engage in, please feel free to ask us and we will do our very best to answer your questions to the fullest of our abilities.

Ask Us About Trading Tips!

Yet another thing which you should feel free to ask us about is in terms of trading tips. After all, the main goal of our Income Mentor Box Day Trading Academy is to provide you with accurate and up to date trading tips. There are always new updates to be done, and we might not always be able to keep up with them all. This is why we want you to ask us about trading tips. This could be in regards to anything and everything to do with trading. If you need tips on how to be a better trader, we will do everything in our power to make it so.

Ask Us How To Use Trading Platforms!

Something else which you should definitely ask us about has to do with brokers and trading platforms. Yes, if you want to be a top notch trader, you need to know how to use various brokers and trading platforms. You cannot possibly be a good trader if you are not familiar with how brokers work and how various trading platforms work.

These can be a little tricky to understand and to get the hang of. However, once you are intimately familiar with these things, you should be able to trade like a pro no problem. Of course, you may have varying questions about brokers and trading platforms, and you should always feel free to ask us anything. Remember folks, there is no such thing as a stupid question!

Ask Us About Our Own Trading Mistakes!

Something else that we would like you to ask us about is our own trading mistakes. Yes, here at the Income Mentor Box Day Trading Academy, we have also made trading mistakes. We are not one of those trading academies which claims that our mentors are 100% perfect and that they have never made mistakes when trading. This would be a stupid claim to make, as everybody makes mistakes when day trading.

However, the important part here is to learn from those mistakes and to improve upon them. We want you to ask us about our own trading mistakes, because this way we can share our own experiences with you. We want to tell you about our own trading mistakes, because this way we can help you avoid making those some mistakes. If you have any questions in regards to this, always feel free to ask us, because we don’t want you to make easy to avoid mistakes when you do not have to!

Ask Us About Hot Stocks

Another thing that you can always ask about are stocks. Here at the Income Mentor Box Day Trading Academy, we do provide stock and Forex signals for you to trade with. However, for whatever reason, you might not be happy with them and are looking for new stocks to invest in. If this is the case, always feel free to ask us about new and upcoming stocks that you might want to invest in.

Ask Us MORE! – Final Thoughts

The bottom line is that you should always feel welcome to ask us questions in regards to trading. This is what we are here for! The main purpose of this Income Mentor Box Day Trading Academy is to turn you from newbies into self-sustaining and profitable day traders. Whatever questions you have, there are no questions too big or too small. Just ask us anything you like, and we will always do our best to answer in such a way that makes the most sense to you!

What Does Income Mentor Box Offer?

March 27, 2019March 27, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

What Does Income Mentor Box Offer?

OFFICIAL WEBSITE: IncomeMentorBox.com

Many people wonder why they would ever join a trading school like the Income Mentor Box Day Trading Academy. Well, what many do not realize is that learning to day trade, whether Forex or otherwise, is not as easy as some of those self-proclaimed YouTube gurus make it out to be. Here, we make it our number one goal to help teach you to become the best day trader you can be!

Income Mentor Box, Support and Resistance lessons

Income Mentor Box – Ask Us Anything!

One of the things that we here at the Income Mentor Box Day Trading Academy offer is a personal question service with none other than Andrew himself. One of the big problems with many other day trading schools out there is that you never actually get to talk to the mentor. This is a big problem because when it comes to trading, sometimes you might have questions that you need answered in person. It’s a big issue when it comes to many trading school out there.

They claim to provide personal and one on one assistance, but more often than not, they simply do not follow through on these promises. Well, here at the Income Mentor Box Day Trading Academy, you can ask us anything you want, and Andrew, our number one mentor, will get back to you ASAP. There is no such thing as a stupid question, and no question is too big or too small. When you are a member of our Income Mentor Box Day Trading Academy, you will get the one on one help that you need and you deserve, in order to become the best day trader you can be.

Income Mentor Box – Over 50 Specialized Trading Tutorials

The main part of what we offer here at the Income Mentor Box Day Trading Academy is our library of trading tutorials. Once you become a member with us, you will gain access to over 51 specialized and in depth trading tutorials. All of these are hosted personally by Andrew himself. The benefit you get here is that you will learn both the basics and the complex aspects of day trading.

First Andrew is going to start off easy and take you through the basics, and then he will progress to the more difficult materials. However, fear not, because Andrew knows that this stuff can be a bit hard to get, which is why he explains it in such a way that literally everybody and anybody can understand it. It will take you between 2 and 8 weeks to work your way through the course, depending on how fast you go. By the end of the 51+ Income Mentor Box Day Trading Academy tutorials, you should be a professional day trader that can make good money on your own.

Income Mentor Box Academy – Daily Lesson Updates

What is really nice about our Income Mentor Box Day Trading Academy is that we do not only have those 51 lessons which we discussed above. Andrew goes above and beyond his calling here by utilizing his YouTube channel to provide you with daily trading updates.

Here, Andrew from Income Mentor Box, uploads up to 10 videos per week, all of which focus around trading stocks, Forex, indices, and more. Here you get access to the latest stock tips, trading strategies, and all sorts of vital trading updates, all directly from our mentor Andrew himself. For a low price, you get the base course plus so much more, and it is a gift that just keeps on giving!

Our Free Income Mentor Box Signals Service

Something which you will have the liberty of being able to take advantage of as a member of the Income Mentor Box Day Trading Academy is our free signals service. Yes, our goal here is to teach you how to become a sustainable and profitable day trader. However, sometimes you might just not have time to learn, or time to trade properly on a daily basis. This is why we offer our Income Mentor Box signals service. When you become a member of our prestigious day trading academy, you will gain access to our signals service.

This is our Facebook page, where we post up to 12 trading signals per day, usually all Forex signals. When you are a member of our academy, you will be able to copy these Forex and stock trading signals right into your trading platform or broker of choice. These trading signals come complete with price entry levels, take profit levels, and stop loss levels too. You really do not have to know anything about trading to use these signals. You can simply copy and paste them into your trading platform and watch as the profits roll in. It really does not get any easier than that!

Income Mentor Box Trading Academy – A Free EBook & More

Just to get you started, before you dive right into our Income Mentor Box course materials, you can get started with some light reading. We provide our Income Mentor Box EBook for anybody who might be interested in joining our trading school. Here, in the EBook, we do not go too in depth into anything in particular, but the aim of it is to introduce you to the world of day trading, so once you join the course, you are ready to go.

The bottom line is that here at the Income Mentor Box Day Trading Academy, our goal is to make this learning process as easy as possible for you. We provide you with daily trading lessons and one on one mentorship. You also get access to our group chat area, so you can talk to other people who are also learning how to do day trade!

Join The Income Mentor Box Day Trading Academy!

The bottom line is that there is really no better place for you to learn to be a professional and profitable day trader than right here. The mission of the Income Mentor Box Day Trading Academy is to help you make money and lots of it!

Support & Resistance – PROBLEMS & RULES!

March 25, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Support & Resistance – PROBLEMS & RULES!

OFFICIAL WEBSITE: IncomeMentorBox.com

Many traders out there assume that support and resistance trading is totally foolproof and will always lead to profits, which is of course not always the case. There are some support and resistance problems, issues, rules, and tips that you always need to keep in mind. Let’s go over these right now!

Price Does Not Always Bounce For Support & Resistance Lines As Expected

Perhaps one of the biggest problems, and one of the most important things that you need to keep in mind about support and resistance trading is that prices do not always react as you would expect. Sure, support and resistance can be a great indicator tool for placing Forex and other trades. However, it is not totally fool proof, and sometimes the price does not react the way we would like, or would expect in terms of the lines on your charts.

Prices Can Bounce A Couple Ticks Before The S&R Level

One thing that can happen here is that the market can bounce with a counter rotation of quite a sufficient size. The market can continue up with a reasonable bounce or it can continue moving lower, but can also continue to move back and forth by a certain number of ticks when it does. There is a lot that is possible at this point and making premature assumptions with support and resistance can quickly lead to your downfall. You should always wait for a full market rotation when you see this occurring.

A Price Can Slice Straight Through The Support and Resistance Level

If a price happens to slice through a support or resistance level, there is really no telling what it can do. For instance, if the value of an asset goes right through a resistance level, instead of bouncing back from it as we would expect, there is really no telling where the next bounce will be. You need to be able to identify the common size of the rotation.

A Price May Breach a Support and Resistance Level And Bounce In The Original Direction

The normal way of trading support and resistance, while it does often work just fine, is not always 100% accurate. A price of an asset can often slice right through an area without the level of interest being invalidated. In other words, the prices can suffer from very random movements, and this can be a problem when using this trading method. For this, you need to set your stop loss levels to account for a certain degree of price movement randomness.

Historical Or Recent Support And Resistance?

Something else that you need to keep in mind is that your trading results will differ depending on if you are using historical averages or recent averages. Often, you will see S&R levels based on history, often several months or years, that worked fine for a very long time. However, then all of a sudden, the price stopped respecting these historical S&R lines, and just starts doing its own thing.

For this reason, it is very important to always update your support and resistance lines with recent information. You need to update your S&R levels each week in order to get the most accurate readings possible. You cannot just keep using the same historical averages over and over again. If the market stops respecting historical support and resistance levels, you have a big problem, and therefore updates need to be done. At the same time, remove older support and resistance levels so you do not get confused when conducting your analysis.

Body & Wicks

When it comes down to it, most traders out there use wicks and the extremes of candlesticks in order to draw support and resistance levels. However, what you also need to keep in mind here is that candle bodies themselves represent closing times on daily, weekly, and a monthly basis, and using these to draw support and resistance lines can help you better understand price movements.

When you are engaging in top-down market analysis, it is a good idea to start on a higher time frame and then slowly work your way down to the narrower time frames. When you are on the higher time frames, draw your levels using the bodies of the candles which indicate major swing points. Once you start moving down to lower time frames, you can adjust and fine tune your levels, which allows you to explain price action in the past with highly optimised levels. Always remain consistent in this approach.

One Or Multiple Touches For Support & Resistance?

Something else that you have to keep in mind when support and resistance trading is how many touches to your levels indicate price strength. More often than not, when trading with this method, traders will assume that the more touches a price has on a certain level, the stronger it is. However, this is not always the case and by all means, it can be a very false assumption to make. This is known as conventional wisdom, which can often be wrong when making generalized assumptions.

When trading support and resistance, all you really usually need is one previous swing low or high. When you have meaningful swing highs or lows, they will often turn into future support and resistance levels. Yet, when a price comes back to the same level a third time, it usually doesn’t hold too well anymore and it can become difficult to gauge price action. It goes against common sense, but a rule of thumb here is that the more obvious something seems on your chart, the harder it actually is to profit from it.

Support & Resistance – Final Thoughts

As you can see, S&R trading is not quite as straightforward as you might have thought at first. However, if you keep these rules, problems, and tips in mind, it should help make your life quite a bit easier. Of course, here at the Income Mentor Box Day Trading Academy, we have many support and resistance trading lessons so you can perfect this method. Join our academy today if you want to learn to trade using support and resistance the right way.

Why Take Day Trading Lessons?

March 20, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Why Take Day Trading Lessons?

OFFICIAL WEBSITE: IncomeMentorBox.com

Have you tried trading Forex, stocks, or anything else, but have not seen success and have been hampered down with countless losses? Well ,have you ever considered taking day trading lessons to help you hone your skills and perfect your trading strategies? The fact of the matter is that many people think they can just start winning trades and banking cash, just like that, but of course, this is not so. Day trading lessons are a must for anybody who wants to join the trader’s world! So, why should you consider taking trading lessons?

Day Trading Lessons Provide You With Mentorship

One of the biggest reasons why we would recommend taking trading lessons is because they provide you with real mentorship. Sure, you could go read some blog or watch some YouTube videos, but the information found online is mostly incomplete, if not just really bad. There is also the fact that there are tons of self-proclaimed trading gurus out there that know about as much about trading as monkeys know about rocket science.

When it comes down to it, you can’t learn to day trade on your own. It is more or less impossible to learn day trading, whether Forex or stocks, on your own. Here at the Income Mentor Box Academy, we provide the most comprehensive and in depth set of trading lessons out there right now. Our mentor, Andrew, has been trading for close to a decade and he knows what he is doing. It’s much easier to learn trading when you have an expert who can explain things to you in an easy to understand manner, something Andrew is adept at.

Trading Lessons Give You Trading Experience

Another reason why trading lessons are so important is because they provide you with much needed experience. By following along with all of the trading lessons at Income Mentor Box, you will gain the experience you need to trade confidently on your own. The fact of the matter is that if you start day trading without any experience at all, chances are you will suffer from some really big losses.

The whole aim here is to turn you into a self-sustaining and independent day trader that can survive on your own. All of the trading lessons which our Income Mentor Box Day Trading Academy provides are designed to provide you with real life experience that will turn you from a newbie into a confident day trader that can survive without any help at all.

Day Trading Lessons Teach You How To Use Brokers & Trading Platforms

Something which many newbies and beginners do not realize is that placing trades is not as easy as just copying signals. You have to be using a trading platform in combination with a broker. If you don’t know what you are doing, navigating a broker or trader platform can be very difficult, nearly impossible depending on which ones they are.

It can take days or even weeks to get the hang of, and that is time that is being wasted, time you could be using to make money. When you take trading lessons, such as from Income Mentor Box, you will quickly and efficiently learn how to navigate brokers and platforms alike, and it won’t take very long either. It will take our mentor, Andrew, about 30 minutes to get you comfortable with brokers and all kinds of platforms. When it comes to trading lessons, this might not be the most important one of all, but it is certainly a valuable skill to have in your arsenal.

They Are Much Cheaper Than Losing Trades

One thing that you also need to keep in mind about taking good trading lessons is that they end up saving you money in the long run. For instance, joining our Income Mentor Box Day Trading Academy is going to cost you a flat $299. There are no hidden costs, upgrade fees, or anything else of the sort. This is absolutely a onetime payment. For one, this is actually much cheaper than any other trading lessons out there. Second, for the price, you actually get a whole lot of value with Income Mentor Box, with over 50 separate trading lessons, a free EBook, and much more.

The fact of the matter is that you could easily lose $299 in a single trade. What we are saying is that spending $299 on trading lessons is going to help you save money. By gaining the knowledge, experience, and tools you need to become a successful trader, you will win way more stock or Forex trades than you ever would. The bottom line is that you do have to spend money to make money, and spending $299 a single time on some trading lessons is much less costly than losing trade after trade, time and time again.

Trading Lessons Will Teach You Various Strategies & Tips

One of the biggest mistakes which people make when they have never taken trading lessons is to trade blindly. You might not realize it, but day trading involves various indicators, oscillators, strategies, rules, and other tips which you need to be familiar with. There are literally hundreds of different trading strategies out there. Some might be good for one person, while some might be better for others.

However, if you have never taken trading lessons, you will never know about any of the most important strategies and tips. Simply put, here at the Income Mentor Box Day Trading Academy, you will learn the ins and outs of trading, both the basics and the more complex aspects too, and this includes strategies, tips, and winning secrets. The bottom line is that you need to learn how to trade, and you need to learn everything about trading, before you can expect to become a profitable day trader. The only way to really do this is by taking day trading lessons, such as with Income Mentor Box for instance.

Day Trading Lessons Will Teach You About Risk Management

Yet another things which newbie day traders are really not good at is managing risk and money. Yes, if you are going to be a pro day trader, you need to know all about risk. The fact here is that the market always involves risk. It does not matter if you are trading stocks, commodities, Forex, indices, or anything in between. There is always risk involved in the market, risk of losing trades and losing capital.

A smart trader knows how to gauge the level of risk involved with each trade, and knows how much cash is worth risking per position. If you don’t know how to engage in effective risk management and money management, not only will you lose trades, but you will run out of trading capital sooner rather than later. Taking trading lessons from an esteemed academy such as Income Mentor Box will teach you how to manage risk and investment capital.

You Get To Talk To People In The Same Boat As You

Yet another benefit that you get from taking trading lessons such as ours, is that you get to talk to other people who have limited experience with trading. You might think it useless to talk to other people who don’t really know much about day trading, but it is actually very useful. There is always a learning curve involved with this kind of thing, and being able to hash through problems with people in the same boat as you can be extremely beneficial.

Being able to communicate with other traders, and people who are taking the same trading lessons as you, can provide you with valuable insights. It’s not only your own experience that counts. If you did not know, here at the Income Mentor Box Academy, we provide a free members chat room exactly for this very purpose.

Some Courses Provide Free Trading Signals

Ok, so this is not the case with all trading lessons or day trading schools out there, but it definitely is when it comes to our own Income Mentor Box Academy. Sure, learning how to trade, getting experience, and having a great mentor are all big benefits no doubt. However, sometimes you just don’t have time to learn, or at least not as fast as you would like. Moreover, sometimes concepts take time to grasp, or you might just not have time to be a full blown professional day trading.

However, when you pay a low fee for our trading lessons from Income Mentor Box, you will also get free and unlimited access to our signals service. Yes, that is right, we provide trading signals, usually Forex, about 12 per day. You can take these signals as they come, copy them directly into your broker or platform of choice, and watch as the money rolls in. There is no other work needed and the positions come complete with everything you need to place the trades. It’s a pretty easy way to make money and a great bonus along with our comprehensive trading lessons.

The Value Of Day Trading Lessons – Final Thoughts

Day trading lessons are a truly invaluable commodity, one that as an aspiring day trader, you definitely need to take part in. Sure, you have to spend a few bucks, but the knowledge, skills, and confidence you will gain from trading lessons just cannot be beat. Spending a few bucks now to learn how to trade with Income Mentor Box will save you countless thousands of dollar in losses in the long run.

Tools To Day Trade Successfully

March 19, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Tools To Day Trade Successfully

OFFICIAL WEBSITE: IncomeMentorBox.com

Are you tired of losing trade after trade? It might be because you don’t have the tools to day trade successfully. Here at Income Mentor Box, we’re all about teaching you to be the best traders you can be and this involves letting you know about the necessary tools to day trade successfully! So what are the most important tools you will need to become a profitable trader?

Income Mentor Box Tools To Day Trade

Substantial Investment Capital

Ok, when it comes to one of the most important tools to day trade, something you obviously need to have is ample cash. Simply put, if you are living hand to mouth and are waiting on your next paycheque to pay your electricity bill, day trading might not be the best choice. You always want to gauge what your current financial situation is.

Simply put, you should never trade with any money that you are not 100% prepared to lose in full. Yes, here at the Income Mentor Box Day Trading Academy, our goal is to teach you how to be the best day trader you can be. However, we simply cannot guarantee that you will always win all of your trades. The risk of loss is inherent whether you are trading stocks, Forex, or anything else, and it is something you have to be prepared for.

When it comes to something like the stock market, did you know that the SEC dictates that if you make more than 4 trades per day on the NYSE or NASDAQ, that you always need to have at least $25,000 in your account? Yeah, the bottom line is that to start trading, you need to have some money set aside. It might not be a tool to day trade per say, but it is still needed none the less. Although we do really hate clichés, it is very true that to make money you have to spend money.

Decent Infrastructure

Another tool to day trade successfully you will need is decent infrastructure. Now, yes, there are some automated trading platforms out there which work on all computers and mobile devices. And yes, there are ways to win at day trading with just an autotrader and a single screen, as well as a shoddy internet connection. However, something that we here at the Income Mentor Box Day Trading Academy can tell you is that good infrastructure can make a really big difference.

For instance, if you want to have several trades open at once, say maybe a couple Forex and stock trades, you need to be able to keep track of them all at once. For this reason, most professional day traders will have multiple monitors or screens so they can have many windows open at once. It’s all about having the right number of screens, a lightning fast internet connection, various pieces of software, and more.

When it comes to tools to day trade successfully, the level and quality of your setup can make a huge difference. It might not be necessary as a newbie trader, but as you advance in the trading world and want to do more at once, you will definitely need to upgrade your setup. A fast internet connection and 2 monitors at the very least are tools to day trade that you should invest in, at least if you are serious about it. Once again, the cliché still holds true here, to make money, you have to be willing to spend money first, which in this case means a legit trading setup with all of the bells and whistles.

Knowledge & Mentorship

Another one of the tools to day trade successful you will need is mentorship. There is no getting around the fact that no matter how much investment capital you have, and no matter how good your trading setup is, if you don’t know how to day trade right, you will lose everything. Folks, nobody just throws money into a trading platform and makes money right off the get go.

Sure being able to do this would be really nice, but life just does not work that way. This is something we here at the Income Mentor Box Day Trading Academy know all too well. This is why we are here, to teach you the ins and outs of day trading. We’re here to teach you absolutely everything there is to know about trading Forex, stocks, and more.

It takes time, mentorship, and a whole lot of knowledge to day trade right. Yes, our course does cost money to take, but only $299, which is relatively inexpensive considering how much money you stand to gain once you have all of the necessary knowledge under your belt. Not to sound like a broken record, but yes, to make money you have to spend money, and that’s the bottom line!

Experience & Discipline

Moreover, there is no denying the fact that you won’t be all that successful placing your first trades. Day trading is not something for the weak of will or for people who throw in the towel at the first sign of trouble. It takes a lot of discipline to become a day trader, discipline that you can learn right here at the Income Mentor Box Day Trading Academy.

Once you have become more disciplined, you follow the right rules and strategies, all of which we teach here, you will gain the necessary experience to become a professional day trader. In terms of tools to day trade successfully, you need to be patient, disciplined, and yes, building experience helps a whole lot as well!

Ample Time

Folks, if are not willing to put in the time needed to learn how to day trade, and to trade, this might not be right for you. One of the biggest tools to day trade successfully is time. You have to be willing to invest not only money, but also time into trading. It takes time to learn and to gain experience.

If you can dedicate 1 or 2 hours per day, a few days per week, you are already off to a good start. You won’t become a professional day trader overnight, but if you are willing to put in the time, you can indeed become very profitable. If you have some time to spare and finally want to start making cash trading, becoming a member of our Income Mentor Box Day Trading Academy is a very good start.

Tools To Day Trade Profitably – Final Thoughts

There you have it folks, the 5 tools to day trade successfully that you absolutely need. If you are tired of losing trades and want to stack up some wins, you have come to the right place because we will teach you everything you need to know and a whole lot more!

Your Portfolio & Stock Diversification

March 15, 2019March 15, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Your Portfolio & Stock Diversification

OFFICIAL WEBSITE: IncomeMentorBox.com

Here at the Income Mentor Box Day Trading Academy, we are all about teaching you how to day trade and invest like a professional. A part of investing and trading is of course in relation to the stock market. Yes, there are tons of stocks out there that you can invest in, but how to invest, how many stocks to invest in, and what kind of stocks to invest in are all things you need to know. If there is one thing that our Income Mentor Box Academy knows all too well, it is that stock diversification is very important.

Now, you have probably heard the term “stock diversification” before, but do you know what it really means? The practice of investing in a diverse array of stocks is an oldie, but it also proven and time tested. This is something that can go a long way in maximizing your stock market profits, and does a great job at mitigating the risk of loss as well. Today we want to teach you all about stock diversification, or having a diverse stock portfolio, so you can get great returns.

What Is Stock Diversification?

Stock diversification is the act of investing in multiple different stocks, stock types, and across different classes. This is a technique that reduces your risk of big time losses in the stock market by allocating your investments across multiple industries, categories, classes, and asset types. It’s all about having a diverse stock portfolio that features investments in a variety of assets and categories.

For example, instead of just investing in 1 or 2 big oil stocks, it means investing in oil, gold, tech companies, various commodities, and everything in between. It’s all about having multiple assets. The aim of stock diversification is also to maximize your returns by investing in various areas that can react differently to the same events. Now, you do need to know that stock diversification does not totally do away with the risk of losing investment capital. However, it can go a long way in mitigating risk, minimizing losses, and maximizing profits.

The Benefits Of Stock Diversification

There are quite a few benefits associated with stock diversification and having a diverse stock portfolio, so let’s go over these right now.

The biggest benefit of having a diverse stock portfolio is that it helps to mitigate risk. By ensuring that you have multiple asset types in your portfolio, in case one goes down the tubes, you have the others to fall back on.

Stock diversification is not only about accumulating large returns, but also about preserving capital. In other words, having a diversified portfolio can help preserve your life savings and ensure that you have money to live comfortable well into your old age.

The bottom line is that with stock diversification, you can rely on multiple revenue streams, you have many revenue streams, all with good potential. ON A SIDE NOTE, AT THIS TIME, CANNABIS STOCKS ARE SOMETHING TO KEEP AN EYE ON. TAKE A LOOK AT OUR ARTICLE ABOUT THE BEST CANNABIS STOCKS FOR BIG TIME GROWTH RIGHT HERE!

The Risks Of Only Having Few or The Same Stock Types

There is one big risk associated with having only a couple of stocks, and all in the same class or field. This is that if one stock plummets, if you only have the same type or stocks, ones that are in the same field, they will all plummet. If you put all of your marbles in the same basket, yes, you might win big, but chances are big that you will lose even worse.

For example, if you have all of your money invested in oil company stocks, if the price of oil takes a hit, all of your stocks are going to plummet in value. However, if you have oil, gold, solar energy, hydro energy, and other types of investments, if oil plummets, at least you have other stocks to fall back on and make up for that difference.

How Many Stocks Should I have For Optimal Stock Diversification?

Now that you know what stock diversification is, and why it is a good thing, you might be wondering what actually qualifies as a diverse stock portfolio. Most professional investors, including us here at the Income Mentor Box, would recommend having between 15 and 20 different stocks in your portfolio. Moreover, you want to ensure that they are not all the same type of class of stock as well. Let’s now talk about how you can create a diverse stock portfolio that will help mitigate risk and maximize your revenue stream.

How To Create A Diversified Stock Portfolio

In order to engage in the best version of stock diversification possible, there are some main points and big tips that you will need to follow, so let’s go over these right now.

You want to try and split your investments up between growth assets and defensive asset types. In other words, having some high, medium, and low risk investments is what you want to do. So, on one hand, investing in things like popular shares and property tend to provide good long term profits, but can be quite risky. And on the other hand, having defensive assets like cash or fixed interest are much lower risk, but also provide smaller returns. You want to have both.

Also, remember that you want to invest in different asset classes. Shares, bonds, futures, and more, are all a good way to go. Just be sure that if you are investing in shares, that you spread it out across various market sectors. Moreover, you could invest in natural resources, technology, aviation, and other diverse market sectors. If one takes a hit, chances are that you have the others to fall back on.

Investing In Diverse Stocks – Final Thoughts

The bottom line is that this practice of stock diversification can go a long way in mitigating the risk of lost capital. At the same time, it helps improve your chances of getting big, or at least moderate returns, across a variety of stock classes and types. The fact of the matter is that having a diverse stock portfolio is a big time goal of any and every investor.

It might be an old practice, but it is also time tested and proven. For more information on stock market investments, you might want to consider becoming a member of our Income Mentor Box Day Trading Academy. We provide some awesome stock market investing and trading lessons which will turn you into a professional and profitable investor.

Profiting With The Economic Calendar

March 14, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Profiting With The Economic Calendar

OFFICIAL WEBSITE: IncomeMentorBox.com

Something we always stress when trading, whether Forex, CFD, or stocks, is that you always need to check the economic calendar. For those of you who don’t know, the economic calendar is one of the most crucial and useful resources in your day trading tool kit. Today we are going to talk about how you can profit through trading with the economic calendar. There is more to it than you might think, something that you will learn here at the Income Mentor Box Day Trading Academy.

What Is The Economic Calendar?

The economic calendar is a schedule of sorts, one which informs stock and currency traders of important developments in the market. Technically speaking, the economic calendar shows scheduled press events, news releases, and data releases which may affect the market. There are very many of these data releases that happen every single day, usually multiple ones per day. Each of these events is graded, usually on a scale of 1 to 3.

Each event has a grade in terms of how big its effect is expected to be for the market, especially in terms of the values of stocks and currencies. This is a very important thing to keep your eye on. Each day, before you start trading, you need to check the economic calendar for these data releases, as they all have significant influences on how you will trade that day.

The Economic Calendar – Risk, Volatility, & 3 Bull News

As we mentioned before, all of these press, event, and data releases are graded using numerical or color codes. This can be green, yellow, and red, 1, 2, or 3, or as investing.com displays it, their news releases are graded as 1, 2, or 3 Bull news. You might have heard us here at Income Mentor Box talking about 3 bull news before. Well, green and yellow, or 1 and 2, are OK. You can still trade with these news releases, but 3 Bull News is what you really want to look out for.

When there are 3 Bull News releases scheduled, it means that they will affect the market in a really big way. These news releases, which you can find on the economic calendar, can cause major swings in currency and stock market values. Therefore, you need to keep a close eye on this. We would recommend using the economic calendar on investing.com.

Investing.com - Economic Calendar — Image Courtesy of Investing.com

Make sure to set it to your own time zone, as looking at the wrong time zone can be disastrous. You need to look out for 3 Bull News. Generally speaking, most traders will close all Forex and stock positions about 5 minutes before 3 Bull News is set to be released. When these releases happen, you don’t know how the market will react, what degree of risk it creates, and in which value direction assets will go.

Therefore, it is recommended that day traders do not open any trading positions, Forex, stock, or otherwise, until a few minutes have passed since the last release of 3 Bull News. This will help you avoid very risky trading situations and high levels of volatility. 3 Bull News releases are highly unpredictable, and you should stave off of trading until they have passed.

Your Checklist – How To Use The Economic Calendar

When you are looking at your economic calendar, there are a few important things you need to look for. If you use the economic calendar to keep an eye on these various factors, your chances of making profits through Forex and stock trading greatly increase. Just in case you want to trade stocks, check out these big time cannabis stocks that have huge profit potential right now.

What time is the economic news being released? Remember, close your trading positions at least 5 minutes before an important news release (3 Bull News), and wait for a few minutes to open a position after the news has passed.

What is the standard interpretation of the economic news? Is the value of a certain asset set to go up or down? While this is a good way to gauge what kind of trading positions you should open, you should still wait until well after the 3 Bull News has been released.

How important is the economic news release coming out? On the scale of 1 to 3, where is it ranked? The higher it is ranked in importance, with 3 Bull News being the most important, the greater its overall effect will be on the market.

Which Indicators Influence The Economic Calendar?

What you should also know is what kind of indicators are used and which ones are utilized to determine the news releases and their degree of importance. The following are all factors taken into account when it comes to the economic calendar.

GDP reports
Housing starts
Industrial production
Producer price index
PMI
Consumer confidence index
Consumer credit report
CPI inflation rate
Durable goods
Employment reports
Existing home sales
Factory orders
Jobless claims
Trade balance
Retail data

Our Live Economic Calendar Trading Session

If you have already watched the video which we have included here, courtesy of our own Andrew from Income Mentor Box, you know that trading using nothing else other than the economic calendar can indeed be very profitable. As Andrew notes in the live trading sessions, if you use the economic calendar right, you can use it to place trades without any other strategies being used.

As you can see from the live trading video, Andrew from Income Mentor Box used it to place a total of 4 Forex trades, all 4 of which turned out to be winners, generating around 1,300 Euros in profits. Guys, Andrew used nothing else but the Economic Calendar to win 4 trades and 1,300 Euros in just about 1 hour of trading. If you follow our tips and use this resource to its fullest, there is no reason why you cannot do the same.

Trading With The Economic Calendar – Final Thoughts

The bottom line is that you never want to trade without first consulting the economic calendar. It is a resource that you should never ever forget to use. Remember folks, our Income Mentor Box Day Trading Academy is all about turning you into a day trading professional. For one very low fee, you get access to a multitude of course materials. This includes over 50 day trading lessons hosted by none other than Andrew himself, a free EBook, a group chat, and more. We even have a free Income Mentor Box signals service which you can use to copy trading signals to make quick and easy profits!

Cannabis Stocks To Keep Your Eyes On

March 13, 2019March 15, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Cannabis Stocks To Keep Your Eyes On

OFFICIAL WEBSITE: IncomeMentorBox.com

People have always loved pot, marijuana, weed, or whatever else you want to call it, and now is the time to look at cannabis stocks. Canada just legalized recreational weed, and the USA is doing so for the most part as well. This means that cannabis stocks are currently a big time investment opportunity for anybody interested in stock market investing.

There are dozens of existing and new companies, all of which are investing countless millions into the legal marijuana market. This is a brand new market with ample opportunities for anybody and everybody to make huge profits. Cannabis stocks are undoubtedly going to explode in value, especially as the market continues to grow and more countries around the world legalize it.

Here at the Income Mentor Box Day Trading Academy, we know that you guys are always on the hunt for new money making opportunities. This is why we are here today, to talk about some of the biggest Cannabis stocks that you need to keep your eyes on. Whatever you want to call them, whether weed stocks, cannabis stocks, or pot stocks, the fact of the matter is that there are piles of cash to be made here! Income Mentor Box - Cannabis Stocks

Cronos Group INC.

TSX:CRON: Share Value – Approx. $28

The Cronos Group is a large Canadian cannabis company and it is at this time one of the very biggest cannabis stocks to keep your eyes on. This company is investing in establishments which produce and retail legalized marijuana. Cronos Group INC. focuses its investments in Canadian companies and operates through subsidiaries. The company also has a wide variety of international production and distribution platforms.

Some of their holdings include Peace Naturals, Original BC, and Whistler Medical Marijuana Company. Cronos Group INC. is estimated to be able to product roughly 42,000 KG of retail ready marijuana, with an expansion underway that will increase their yearly production capacity to nearly 80,000 KG. Just recently, the Altria Group (NYSE:MO) has invested $2.4 billion into Cronos. At this time, with the exploding legalized marijuana market in Canada, Cronos is undoubtedly a fantastic investment opportunity out there. When it comes to cannabis stocks, it absolutely has great potential with awesome growth predicted.

Market Cap: $5.0 Billion

Revenue: $3.8 Million (Q3 – 2018)

1 Month Return: +55.3%

1 Year Return: +203.5%

Canopy Growth Corp

TSX:WEED: Share Value – Approx. $63

The Canopy Growth Corp is an absolutely massive multi-brand cannabis company with a number of sub-brands under their belt. When it comes to cannabis stocks, this one is another massive one to keep your eyes on. Yes, the shares are currently worth quite a bit, but there is big time growth in the forecast for these guys. With over 600,000 square feet of production space, the Canopy Growth Corp currently pumps out 67,500 KG of cannabis and cannabis related products.

https://www.canopygrowth.com/

Within the next couple years, the plan is to increase production space to a whopping 5,000,000 square feet, thus increasing production capacity by nearly 10 times. The company is also licensed in the state of New York to produce hemp, with over $150 million set to be invested into the New York production line. Yes, the buy in for Canopy Growth Corp shares is already quite high, but growth is set to exponential over the next years. There is no arguing that cannabis stocks like these present investors with massive opportunities for big time ROI.

Market Cap: $21.6 Billion

Revenue: $23.3 Million (Q2 2019)

1 Month Return: +10.1%

1 Year Return: +131.3%

Aurora Cannabis INC.

TSX: ACB: Share Value – Approx. $9.30

Aurora Cannabis is at this time one of the largest producers and retailers of medicinal cannabis in Canada. ACB is set to have roughly 1,000,000 square feet of production space by the end of 2019, and the goal is to produce 270,000 KG of cannabis per year. Aurora Cannabis INC also owns 20% of Liquor Stores N.A, many of which it plans to convert or partially convert into cannabis retail space, thus increasing their reach even more. ACB has also signed deals and supply agreements with 12 Canadian Provinces which will account for a whopping 98% of the population.

This another one of those massive cannabis stocks that is going to see massive growth in the next few years. What is crazy here is that ACB is currently in talks with none other than Coca Cola. The plan is to work together to make cannabis infused sodas and drinks, something which is sure to sell like hotcakes. In early February, ACB released its Q2 results, with revenue of over $54 million, up a massive 83% from the previous quarter. As you might notice, the returns do not look good, but with the increase in production space and a deal with Coca Cola in the works, when it comes to cannabis stocks, ACB is definitely quite promising.

Market Cap: $9.3 Billion

Revenue: $54.3 Million (Q2 – 2019)

1 Month Return: -3%

1 Year Return: -6.9%

Other Cannabis Stocks To Look Out For

There are so many cannabis stocks out there that we cannot possibly list them all. However, here are some other really promising cannabis stocks to look out for, all of which have massive potential for serious and lighting quick growth.

FSD Pharma: (CSE:HUGE): $0.27: Market Cap – $364 Million
Supreme Cannabis Company INC: (TSXV:FIRE): $1.85: Market Cap – $536 Million
Liberty Health Sciences: (CSE:LHS): $1.10: Market Cap – $312 Million
Cannex Capital Holdings INC: (CSE:CNNX): $1.17: Market Cap – $215 Million
Aphria INC: (TSX:APHA): $12.68: Market Cap – $3.2 Billion

Cannabis Stocks & Profit Potential

Here at Income Mentor Box, we want you to be a profitable trader, which is why these cannabis stocks are ones you should look at. As the stigma disappears, it becomes legalized around the world, and as these companies continue to sprout of the snow, the potential to make massive profits through cannabis stocks is becoming ever more realistic!

Income Mentor Box – #1 Trading School!

March 12, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Income Mentor Box – #1 Trading School!

OFFICIAL WEBSITE: IncomeMentorBox.com

If you want to learn to day trade like a pro, in just a few weeks, and for a very limited cost, Income Mentor Box is the right place to be. Income Mentor Box Day Trading Academy is dedicated to turning you into a profitable and self-sustaining day trader. It’s all about putting money in your pockets!

Income Mentor Box - Trading Mistakes

Income Mentor Box – What’s Our Mission?

Ok, so what’s our mission? Here at the Income Mentor Box Day Trading Academy, our mission is to help you become the best trader you can be. If you want to get into day trading, you have come to the right place. The fact of the matter is that day trading, whether Forex, or otherwise, is not as easy as some make it out to be. Yes, there are little tips and tricks to help make life much easier, and to make trading more profitable.

However, there is nothing out there that can beat good old training and schooling. Here, our Income Mentor Box Day Trading Academy has the goal of turning your from a newbie into a professional day trader in just a couple of months. The ultimate goal is for you to hone your skills to the point where you can quit your 9 to 5 day job and start trading with real results. Whether you want to trade stocks, Forex, indices, or commodities, we can help you accomplish your goals. It’s all about making healthy and consistent profits on a daily basis so you can stop flipping burgers or frying fish for a living.

Income Mentor Box Day Trading Academy – Over 51 Trading Tutorials

When it comes down to it, there is really no better place to learn than with Income Mentor Box. The main bulk of our educational day trading content comes in the form of trading tutorials. We have over 51 separate full length day trading lessons and tutorials. All of these are videos that come in varying lengths.

The aim here is to start off easy and to teach you the basics of day trading. After you have learned the basics, we move on to some of the harder and more complex materials. Income Mentor Box covers things like how to trade, trading strategies, indicators, the stock market, risk management, Forex trading, and so much more. Combined, we have well over 51 day trading tutorials that will turn you into a professional trader.

Depending on how fast you move through our Income Mentor Box Day Trading Academy lessons, it should take between 2 and 8 weeks for you to complete the course. Think about it folks, within 2 months at the most, you can learn everything you need to know to be a profitable, consistent, and professional day trader. All of our tutorials are hosted by none other than Andrew.

Andrew is a long time day trader with many years and even more dollars of successful trading under his belt. He doesn’t claim to be a guru or some kind of day trading god, but he definitely knows what he is doing. A big advantage of Income Mentor Box is that Andrew has the ability to explain things in a way that makes sense, even to people who have never heard of Forex or stock trading before.

Income Mentor Box – Use Our Free Signals Service!

Without a doubt, one of the best services which we offer here at Income Mentor Box, is our free signals provision service. Yes, finding stock and Forex signals can be really hard, especially if you want reliable ones that will generate profits. When you become a member of our prestigious academy, our Income Mentor Box signals service is totally free to use for life. Here we have a Facebook page where we post all of our signals.

Income Mentor Box provides up to 12 trading signals daily, all 5 days of the week. These trading signals can come in the form of stock signals, commodities signals, indices, and more. However, the vast majority of the Income Mentor Box signals provided focus on Forex trading.

Making money really does not get much easier than this. All you have to do is keep the Facebook signals page open and wait for us to post them. Then, once we post the trading signals, you simply have to copy them into your trading platform or broker of choice. We provide the entry prices, the take profit levels, and the stop loss levels too. All you have to do is copy the signals, place the trades, and wait as they generate profits for you!

Income Mentor Box – A Low Onetime Fee!

Something that we have been getting some questions about is how much we charge to join our Income Mentor Box Day Trading Academy. Well, we charge a grand total of $299, which is really not very much. Keep in mind that this is a onetime payment, with no upgrades and no hidden fees. We are certainly not like those pay to win games out there. Once you pay the onetime fee of $299, you will never have to pay another penny.

For that low onetime fee, you gain full and unlimited access to all of our course materials and other services. This includes the Income Mentor Box video tutorials, the free EBook, the members chat, and our Income Mentor Box signals service as well. The fact of the matter is that you really won’t find any other trading school out there with such great materials, so much educational content, all for such a low price.

Income Mentor Box Day Trading Academy – Final Thoughts

The bottom line is that we would love to have you onboard at our Income Mentor Box Day Trading Academy. For a low onetime fee, you will gain full access to all of our top quality course materials. You will learn everything there is to know about day trading through our plethora of educational materials. Even if all else fails and you still cannot fully grasp the concepts, you can still use our free signals service to place profitable trades with ease!