TRADING FAQS
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There are numerous brokerage firms and trading software programs available for use. The following are a few of the popular platforms:
The trading software is Metatrader 4
Proprietary applications are available for trading exclusively used by brokerage firms
Any Regulated U.S. or local brokers (such as IG Global US (also known as TastyFx), Oanda, Forex.com etc.) for Metatrader compatibility, Tradingview connectivity, & Proprietary software/Apps
*Unregulated brokers: Are no longer compatible with the MT4 platform as of 2024. Due to industry regulations and changes, we do not offer recommendations for unregulated brokers. Please do your own research and take your broker for a test drive. They offer there own proprietary software.
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Every student is required by DDKK Academy policy to learn in a demo-practice account. We oppose the use of real money without the necessary training and experience. The learner is shielded from all financial risk during this process. Strict risk management techniques are taught at the DDKK academy! It is mandatory for students to constantly apply these practices in a demo-practice account.
Before a student is allowed to begin trading with real money, they must demonstrate that they can adhere to risk management procedures, compounding, and trading rules.
Due to our ability to program the software to absorb any risk in the unlikely event that the trade doesn't move in our favor, currency trading is a very conservative profession. Prior to making any investments, we have the ability to establish our risk terms. Currency trading has the benefit of allowing for profit-making in both up - and - down markets. It is not market deprecation that causes losses, but rather unfavorable currency value forecasting. Unlike other investments like stocks, bonds, mutual funds, and exchange-traded funds, we can premeditate our losses. If those market conditions drop, they lose value, potentially all of their value.
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Trading is a type of investment vehicle; it does not require earned income or the exchange of labor or physical effort for money. Trading doesn't take time for an investor. You are not following an effective approach, if you spend hours upon hours every day staring at charts. By using the software, you can invest your money and let it work for you. The software settings allow currency traders to program their target risk and reward so the trades can close automatically.
While each trader approaches the markets differently, students at the DDKK Academy learn to set, forget, protect, and collect their trade positions. Once you've mastered the art of trading, you can identify a potential setup in the markets in as little as five minutes. It is recommended to spend no more than an hour a day scanning for market opportunities. Observing charts all day is not what we teach. Once your trade has been placed, there is nothing further for you to do. The movement of the market is beyond your control. This cannot be accomplished without first receiving the proper education, mentoring, and application in a demo-practice account.
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It would be more appropriate to ask, "Why would you keep it to yourself if you make money trading?" God has given each of us the ability to serve others with our gifts and talents so that his glory may prevail. BBURRELL finally obeyed the call to construct the DDKK Academy after three years of contemplating what God had revealed for her to accomplish. She is passionate about assisting others in realizing their full potential and accumulating wealth. Sowing into others' lives is the best feeling in the world.
1 Peter 4:10 (NIV)
“Each of you should use whatever gift you have received to serve others, as faithful stewards of God’s grace in its various forms.”
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Because of the low volatility of the market, all students start with the currency exchange markets. Additionally, students will be able to broaden their knowledge to include other financial markets.
The DDKK technique can be applied to the cryptocurrency, metals, and indices markets. These market accessibility are influenced by federal regulations. Only currency exchange trading is allowed by U.S. law for regulated brokerage firms.
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Note: By understanding the relationship between risk and reward, currency traders can increase their percentage of returns and realize significant gains. More capital available to oneself also results in a higher return. The DDKK academy instructs students in this.
BBURRELL's employs a strategic compound plan, as do her students. The objective is to grow each position by at least 1%. A plan known as the 586 compound plan is provided to the students. The state of the market conditions vary from week to week. The value of the returns are less of importance, it is the percentage of growth. BBURRELL's degree of professionalism and experience has allowed her to consistently produce the most conservative returns, which are at least 20% over the course of a 30-day trading period and will not trade if the market is not favorable. The focus of DDKK education is to prepare students to succeed to the same or even higher degree and to avoid trading when uncertain.