1.What are the goal and the mission of the project?
The mission of this project is:
– provide traders with the new tools and methods for making profits in all major segments of the global financial market;
– provide investors with the ability to use multi-factor diversification: asset classes (Forex / stocks / futures / options), investment horizons (long-term/medium-term/short-term/scalping), trading strategies (Weekly Envelope Strategy / MTFS / Double Barrel Gun / Shuriken), trading tactics (single strategy, simple portfolio of strategies, portfolio of strategies with the possibility of hedging), investment models (public PAMM accounts/non-public PAMM accounts/Individual agreement).
2.What is the target audience of the project?
The target audience of the project is comprised of traders who have some basic knowledge about the structure and operating principles of the financial markets, familiar with the software used for the analysis of price dynamics and execution of trades and have enough free time to engage in trading via Internet, as well as investors who wish to obtain yields higher than bank deposits by diversifying their investments.
3.What is included in the cost of training?
The cost of training (125-500 USD) consists of a set of educational materials (in electronic form) and individual online consultations within all five modules of the course, the provision of additional services is paid separately.
4.Is it possible to get free training?
Currently, access to the materials of the training course is provided on a paid basis.
Participants of the GMT Partner project who have successfully passed the tests on the topics of modules 1 and 2 of the training course can get free access to the materials of other modules after opening a real trading account at the recommended broker and depositing it with not less than 2000 USD.
5.Who is behind the project?
The professional instructor with extensive experience in the field of the group and individual training. The duration of working experience as an instructor / analyst at the major brokerage company is more than 10 years. Has been trading in the global financial markets since March 1998. The holder of 1.0 FFMS (Russian Federation), Series 3 (US) and Series 34 (US) broker’s licenses.
6.What is the main feature of the study course offered by GMT Partner project? What is included in the curriculum?
The course is designed for self-study of video materials (6 videos per 1 strategy), it is followed by testing and consolidating the acquired knowledge into practice. Trading on a live trading account which is not a part of the package is also provided. Upon the client’s request at each stage of the training, oral and/or written advice is provided to the client.
7.How would you describe the trading methodology, which is used for educational purposes?
The proposed trading methodology has successfully passed through a long-term test of suitability and reliability. The trading strategies included in the portfolio are based solely on the technical analysis tools (moving averages and their combinations, the parameter of the average daily volatility of the financial instrument, some elements of the graphical analysis, as well as indicators of market sentiment).
At the first stage, the general sentiment of market players within a selected segment of the market is determined based on the technical signals of the trading strategies included in the portfolio. Then, traders identify those financial instruments where the expected scenario of price behavior (directional price movement of sufficient amplitude within a certain time frame, i.e. setup) has a high probability of realization. This is just one of the approaches we use to trade in the markets with the help of the portfolio of strategies.
Another approach suggests using the signals of one of the trading strategies in the portfolio, provided that it is confirmed by the signals of other strategies in the portfolio. In this case, depending on the trader/investor’s limit of risk an appropriate trading strategy and tactic are applied.
The third approach is to find and trade the financial instruments, which according to several non-technical factors, including the ones of the fundamental nature have entered the phase of a long-term bullish/bearish trend or have been forming the beginning of such trend. In such cases, the new position is opened according to the rules of the short/medium-term strategy, but the process of position management is made according to the rules of the medium/long-term strategy.
8.What is the recommended duration of the training?
The recommended duration of training is 4 months, but the training period may be reduced if the candidate has sufficient working experience as a trader. It all depends on the level of training of the candidate.
9.Are there any restrictions for those wishing to take part in the project as a trader?
The main obstacles for the candidate’s participation in the project as a trader are the absence of free time during the day needed for monitoring of price dynamics of financial instruments, as well as the absence of the necessary experience and basic skills needed to start training and work as a trader.
10.Who manages the funds of investors?
The funds of investors are managed by the individual traders who have completed the course and showed the best results in terms of reliability and stability in the public type PAMM-accounts.
11.What is the minimum amount for participation in the project as an investor? What is the profit-sharing scheme?
The minimum amount for participation in the project as an investor is $ 10000 or appropriate equivalent in another currency. The profit-sharing scheme is negotiated on an individual basis.
12.What documents regulate the relationship between a trader and an investor?
The relationship between the trader and the investor is regulated by the Rules of PAMM accounts investing offered by the broker or by a written agreement for the management of investors’ funds. A sample of the agreement can be found here.
13.Are there any restrictions for those who wish to take part in the project as an investor?
The main obstacle to participation in the project as an investor is the inability of the latter to assume the financial risk which is an integral part of trading. Without risk, there is no way to make profits greater than the rate of inflation.
14.Are there any guarantees for the protection and preservation of the trading capital of the investor in the broker’s account?
The client has a few options to choose from when opening a trading and/or investment account (brokerage firms, registered in various jurisdictions), but all brokers offered to the client are the active members of the Financial Commission (Financialcommission.org) or regulated by other well-known financial markets regulators.
15.What rate of return can an investor expect?
As a reference, you can use the statistics on the back-testing results of individual trading strategies posted on the GMT Partner project’s website. However under no circumstances please do not forget that past performance does not guarantee success in the future. The nature of financial markets is that they are constantly changing. Trading strategies that used to make a profit in the past will not necessarily work effectively today. That is why the traders participating in the project utilize the proprietary methodology of trading a portfolio of strategies, allowing them to trade several different strategies simultaneously.