I'll post some more over the next few days as I'm about to do battle with these people, but for the meantime, whatever you do, DONT even consider working with this organisation..
Hi Josels,
I've been a remote trader with TCA for over a year now so can give you first hand advice.
I'd agree with others that day trading (or any trade that goes against you often enough) isn't an easy option and going with TCA or any other company/mentor isn't a guarantee of success.
I can say that, from my own experience, I'm very happy with TCA, the trading and charting platform's are excellent, as is the mentoring. There is constant vocal and visual update process during the trading day on what you should be looking at and what to base your trading on. There is so much to stay aware of I personally couldn't day trade without it, but that's just me.
People are skeptical around the costs and the 'trade someone elses money', but I'm sure you could blow your money very quickly on learning live yourself or from a book and leave yourself traumatised. Secondly, TCA will start you on a realtime simulator until you have proved yourself capable with real money, at which point you'll trade with one lot. Keep proving yourself and you'll get more lots to trade, go through bad patches and you'll be back to the SIM in no time.
If you want to day trade, I'd recommend mentoring from any professional daytrader (just like I'd suggest learning to drive from someone who can do the same!)
Good luck!
Good evening everybody
I am a Structural Engineer that recently has been made redundant, I am 44 and Spanish (my mother language is not English and quite often struggle with it). There are not structural engineering jobs in London and I wish to stay here for family reasons. I have an interview with TCA for their remote trading training course with the idea of making eventually a living out of this, or working some extra hours at night if finally I found a new job as structural engineer.
I have been told by TCA than only 50% of their trainees are successful. There is one week notice each way to finalized the contract.
Course cost £ 4000, I would play with TCA money. I will be trading (if successful) on the S&P futures from home.
I am full of doubts about the worthiness of this movement in my life, and feel this could cost me £4000 and not get much out of it. In the other hand I like the stock market and I have an MBA and solid background in maths. I can afford the £4000 and the training time.
Any comment will be very much appreciated. Is this wise to do, is there money to be made with TCA.
Many thanks for your time, I appreciate you prompt commets, I have the interview next monday.