Skip to content

frequently asked questions

FAQ

That depends on your ambition, there is no limit to how much money you can make. Some of our most successful traders earn tens and hundreds of thousands of dollars a month, sometimes even more.

As long as you are interested in profiting from trading and have the ambition and tenacity, you are our type and welcome!

The answer is 0. In fact, you only need to focus on the trade itselft, because we provide all the capital needed for trading.

Instead of days, Eagloo™ encourage traders to train on the basis of number of trades. For a person to train to be a successful day trader, it takes 10,000 trades before they can achieve a high level of competence.

On average, a beginner can trade 50-150 trades per day, so the conversion into days is about 60-200 trading days, which is 3-10 months.

Of course, the sooner they could achieve consistently profitable. If you can trade more than 250 trades a day and still remain profitable, you’ll most likely be successful in less than 2 months.

All the training/Advise/strategies provided are only for the day trading on the platform provided by Eagloo LTD.

Yes. We offer not only trading platform, resources, coaching, and guidance to our traders, but also we make necessary recommendations about how or what to trade. Traders should also develop their own strategies based on their own research and understanding of the markets.

Our team has always actively studied the market and stocks to improve our trading methods to obtain more profits,

It is common for new traders to experience a loss in the first few weeks or months of live trading. To address this issue, we will coach you through problem areas, provide advice on how to become profitable, or potentially suggest you move back to sim trading to get more practice.

In extreme cases, if you continue to lose money and give up this job, you don’t have to pay us anything, we will take the loss.

 

You can keep a position open as long as you wish, provided that you close it out by the end of the trading day. We do not allow holding of overnight positions.

 

The payout structure, and the resulting cut amount, depends on your trading performance and which grade you are in. Your grade will be based on your accumulated net profit and trading years for Eagloo™.

 

WHAT IS THE GOLDEN CROSS AND HOW TO USE IT IN DAY TRADING

WHAT IS GOLDEN CROSS IN TRADING? This is a bullish signal that emerges when two moving averages make a crossover. The most common periods of the two moving averages are 50-day and 200-day moving averages. Also, the strategy mostly uses the simple moving average indicator but some traders focus…

HOW TO USE MOMENTUM TRADING STRATEGIES PROFITABLY

WHAT IS MOMENTUM IN FINANCE? The term momentum refers to a force that keeps an object moving after the trend has already started. In finance, it refers to a situation where the price of an asset continues moving in a certain direction. In most…

HOW TO IDENTIFY FALSE BREAKOUTS IN DAY TRADING

WHAT IS A FALSE BREAKOUT? At times, a financial asset like currency pair, commodity, exchange-traded fund (ETF), and stocks trade within a narrow range. During this period, they form a parallel support and resistance level. In this case, a trader can make money by buying at the support and shorting at the resistance.…