"The 7% of people that are included in the 10% are people that are actually breaking even, not people are successful making money day trading. So the real number of people that are actually successful day traders is really 3%"
Barcelona, Spain (PRWEB) October 15, 2012
The Day Trading Academy, one of the leaders in the Emini and futures trading education programs, announces the expansion of the learning how to day trade project. Plans for the original learning how to day trade project only had one person in mind which later grew to three people. Now with the opportunity to train more advanced level traders, The Day Trading Academy has decided to expand the program in order to increase its access to traders that are actively making money in the markets.
The Learning How to Day Trade Project Project was originally designed to have Marcello Arrambide, founder and president of The Day Trading Academy, personally train a few traders in order to trade for the company and also help with the training of new students.
"The Day Trading Academy has been taking on more and more students as time goes on and we refuse to allow anyone that doesn't actually day trade live do any teaching for us. We've heard horror stories of kids that are paid minimum salaries to run day trading rooms," says Arrambide. "When you have the kind of opportunity to connect with traders that are already making money and have an advanced level of knowledge about the market that is simply an opportunity that the company cannot pass by, it's a no brainer. The original idea was to only train one or two people but now we will expand the learning how to day trade project in order to accommodate the new talent."
It is well known that only 10% of people that try to learn how to day trade are actually successful. The Day Trading Academy puts his number closer to well under 10% at 3%. "The 7% of people that are included in the 10% are people that are actually breaking even, not people are successful making money day trading. So the real number of people that are actually successful day traders is really 3%" states a rep for the company.
The expansion comes at a time when the global economic landscape is resulting in more jobs being lost. The Day Trading Academy is allowing a select group of people to take control of their own destiny and help the company achieve its goal of making traders profitable.
"I was very adamant about only coaching one or two people because I'm already short on time since I day trade and travel so much. I always have to make sure that the people that the company is training are serious because since only 3% of people actually are successful, we want to make sure that the ones that we are personally training are in this 100%" says Marcello Arrambide.
The company is still in the beginning of the selection process but one of the original members of the learning how to day trade project is actively recruiting former coworkers. The company wanted to try and train people that were already actively trading in the markets in order to train them on a more effective strategy with the MIND Congressive Trading System.
The stock market has seen record low volume in the month of August and September and the MIND Congressive Trading System has survived the low volume with exceptional results. With an average of two points per day, the beginner results that are shown on the company's website have can continued to impress the industry.
About The Day Trading Academy
The Day Trading Academy is a day trading education company led by its founder, Marcello Arrambide. With the core value and motto, day trading is a lifestyle not a profession, the company frequently moved his headquarters as they continue to day trade and travel around the world sharing their stories via their d ay trading blog on WanderingTrader.com. They frequently get together with other day traders around the world and also are actively training over 100 traders in over 20 countries.