What are the top two products in I Mastery Academy ?
Goldcup and harmonic scanner
Where do you find your entry price?
underneath the currency pair
If Frank had $200 in his trading account what is his 10 % ( in decimal form)?
.20
How many people do you need in your business to become a P600?
12
What should you do when your trade is in profit?
Move SL into profit or BREAKEVEN
How many products does I Mastery Academy have (not including HFX and DCX)?
8
What is the spread?
The spread is the Brokers fee or is what the broker takes out of each trade.
What is rule 4 of the trading plan ?
Don’t get into trades more than 2-4 times
$20-$50 =.01-.02. $50-$100= .02-.04
$100-$150 = .03-.05. $ 500-$1000= .05 -.10
What is the meaning of Pv, Gv, and PRSV ?
Personal value, group value and personal retail sales value
What should you do when you’re 20 + pips negative?
POP a second entry
Who are the top 5 educators in I Mastery Academy ?
Kim, milly, de’el Lano, manny Q
What is a buy stop and a sell stop ?
A buy stop is an Order placed above price and you think the price will keep going.
A sell stop is an order placed below price and you think price will keep going.
When is the best time to add a POP?
When you are in a pull back
What is the difference between a direct and a personal ?
A direct is when you send out your direct link to a new customer.
A placement is when you have received 3 directs and you place the next customer under your first 3 or your up line places someone under one of your 3 legs
What is the benefit of twin trading?
Twin trading is beneficial bc you have 2 trades that if it potential hits tp you will have the same payout.
Who is the creator of Goldcup ?
Longmoney Luc aka Luc Longmire
What is the meaning of a buy limit and sell limit ?
A buy limit is an order placed below price and you think the price will go up afterwards.
A sell limit is an order placed above price and you think the price will go down afterwards.
Who created the Trading Plan ?
Nathan Samuel
What is the difference between an IBO and customer?
customer- no residual income, if you are 2 and free you have the monthly fee waived, paying to use the products
IBO - you are a business owner, receive residual income, getting paid to use the products
What is the best way to maximize your profits each week?
Internal transfer your profits
What is the cash trap record for the year so far ?
Wins 876- 98 losses
Why is the foundation important ?
It sets the tone for your weekly success.
When was the trading plan created?
May 2019
How many people do you need to hit chairman and what is the weekly payout?
500 and $2,500
What are the 7 ways you can maximize your profits?
1. Stop lose to breakeven 2. Stop lose in profit
3. Partial profits 4. Twin Trading
5. Internal Transfer. 6. Risk Management
7. Compound