Here are some frequently asked questions about Drummond Geometry and our professional trading course:
Q.How long will it take me to finish the various courses?
Q.How long will it take for me to be able to trade this methodology?
Q.Do I have to finish the whole course before I can trade this methodology?
Q.The methodology seems complex. Will I be able to understand this and trade it?
Q.What kind of results can I expect trading Drummond Geometry?
Q.Is there a track record?
Q.Does it tell me when to buy and sell? Does it contain clear signals?
Q.What kinds of experiences are other students having with Drummond Geometry?
Q.Do I have to have your indicator software to use this methodology?
Q.Is it suitable for intraday trading? How about longer term trading?
Q.Is there some way for me to get a feeling for Drummond Geometry without purchasing the complete first module of the course?
Q.I am a beginning trader and do not have an extensive background in the markets. Will Drummond Geometry give me a suitable trading style for my level of experience?
Have a question that's not answered here? Just ask...
How long will it take me to finish the various courses?
The "Quick-Start" course called "Drummond Geometry in One Lesson" takes about two-and-a-half hours to view, but the material is quite condensed and we think that most traders will want to view it several times, in order to make good notes and solidify their understanding of the material. The full set of the Classic Drummond Geometry "Thirty Lessons" is a different kettle of fish. This is a substantial course and students commonly take three or four months to complete the course. A few have done it in six weeks, but most take considerably longer. It becomes a valued reference work for most of our students and they consult it again and again many times over the course of their trading career.
How long will it take for me to be able to trade this methodology?
This is hard to answer definitively because traders come to us with many different backgrounds. We suppose that starting from scratch a few months is a reasonable answer. On the other hand an experienced trader will likely find immediate improvements to his or her bottom line. There are tradable ideas in each course and in each session, but if you are a new trader it will take some time to assimilate the material and incorporate it into your own trading style.
Do I have to finish the whole series of courses before I can trade this methodology?
No. Each course and each of the full lessons include valuable trading ideas and you should be able to make good use of the information immediately. That said, we should add that in the full course, sections 1-15 provide the roadmap and sections 16-30 focus more on actual driving.
Naturally, things get better the more you know, and you will likely be more successful after twenty Lessons than after studying only five of them. But you do not have to complete the full course before you can start taking advantage of the insights and the methodology.
The methodology seems complex. Will I be able to understand this and trade it?
P&L or Drummond Geometry may seem complex at first because there are some unfamiliar terms and tools to learn. However, once the methodology becomes familiar to you, it will be seen as a simple and straightforward set of tools for trading. It is very logical, objective, and consistent. The Quick-Start Course is a great help in getting oriented to this new landscape.
What kind of results can I expect by trading Drummond Geometry?
Results differ with different traders, as might be expected. Some have done and are continuing to do very well. Some are still learning. And some are not able to master the psychological and money-management aspects of trading, and hence are not doing particularly well, and remain as break-even traders. However, the Drummond Geometry tools do permit extraordinary financial returns far beyond what is conventionally regarded as attainable. We give you these remarkable tools and will teach you to the best of your ability, but the results you attain with them will be up to you.
Is there a track record?
Yes, we have included some track-record research on this site. Drummond has always been research-oriented when developing trading methods. There are also many research reports and track records presented in the book "Charles Drummond on Advanced P&L." We think you will find them quite impressive. However, the methodology lends itself to many different trading styles and, for that reason, we do not hold out a single track record as a model for other traders to emulate. We prefer that traders conduct their own research with P&L (and we teach how to do that),because research that is carried out personally is always the most credible.
Does Drummond Geometry tell me when to buy and sell? Does it contain clear signals?
The course will give you clear indications of when to buy and sell. We stress that there are many ways to trade this methodology and the user will want to tailor the approach to fit his or her own trading style and risk parameters. But the tools give clear, objective signals and the course provides ample trading guidelines.
What kinds of experiences are other students having with Drummond Geometry?
Here are a few comments from recent students.
Our question to them was: How has Drummond's work affected your trading, i.e., compared to how you traded prior to using these concepts?
"One can now accurately anticipate pauses, reversals, congestion entrances and exits. And even more importantly, one can often determine when the expected is not happening - well before stop losses are hit, sometimes even while the "bad" position is still profitable. So reverse and go with the opposite."
"Most trading methods are like driving a car while looking in the rear view mirror. Conversely, P&L is one that actually looks forward to the potential market turns up ahead. Then it is simply a matter of seeing whether the car starts to turn."
"Another thought: the AWARENESS Psychology taught by Charlie and Ted is quite good, as well, and is equally important to success. Think on Good Things."
"Having a great time with the course...my ability to anticipate probable price movements improves daily. I keep looking for something to criticize, but can't find it."
Do I have to have your software to use this methodology?
We recommend it. While it is not excessively difficult to program some of the simpler tools for the platforms that we use (TradeStation, MultiCharts 64 and NinjaTrader 8), it is far from simple to program the more complex tools and especially the time period overlays which permit you to visualize one, two or three timeframes on top of another. We believe that the software we have made available is a very worthwhile investment. Thus, we tie software purchase to our membership levels.
Are your methods suitable for intraday trading? How about longer term trading?
Yes, both the software and the overall Drummond Geometry methodology work very well for short-term intraday trading, and work equally well for weekly swing-trading and for monthly, quarterly or multi-year trades.
Is there some way for me to get a feeling for Drummond Geometry without purchasing the complete first module of the full "30-Lesson" course?
There are several steps you can take. First, spend time reviewing the no-cost materials on this website. There is quite a lot of information here, including some downloadable articles, book chapters, and white papers. Second, we highly recommend the low-cost "Quick-Start" Short Course in the Silver membership, which contains a complete overview and some initial trade plans. Third, you can review the first Lesson, which is available on the website in full without charge.
I am a beginning trader and do not have an extensive background in the markets. Will Drummond Geometry give me a suitable trading style for my level of experience?
Traders come to Drummond's work from many different backgrounds. Some have had many years of experience and came upon Drummond only after they have been disappointed elsewhere. Others have virtually no trading experience and start from scratch with Drummond Geometry. The methodology is effective for both experienced and novice traders. The course does not assume that the student has years of experience before studying this material, and one can learn how to trade from the course with very little additional information from other sources. Obviously, the learning curve will be a bit longer for those who have never traded before. We recommend the "Quick-Start" Course as your first step.
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Important Notice : Trading Risks Investment and trading on a margin account involves a high level of risk and may not be suitable for all investors . The high degree of leverage can work in your favor as well as against you. It is desirable before you engage in trading operations, taking into account your investment objectives, level of experience and risk appetite. We insist on the fact that the trading of stocks, futures, cfd's, options and other instruments is not suitable for all investors. There is a risk of losing some, all, or in the case of futures and cfd's, more than all of your initial capital. Each investor must make their own judgments about the appropriateness of investing in any financial product, taking into account the merits and risks associated with it, its own investment strategy and their legal status, tax and financial . You should therefore avoid invest money that you cannot afford to lose. You must be aware of all the risks associated with transactions in financial products and it is recommended, in case of doubt, consult an independent financial adviser. The risk of loss in trading can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. If you purchase or sell Equities, Futures, Currencies, CFDs or Options you may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain your position. If the market moves against your position, you may be called upon by your broker to deposit a substantial amount of additional margin funds, on short notice in order to maintain your position. If you do not provide the required funds within the prescribed time, your position may be liquidated at a loss, and you may be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. This can occur, for example, when the market makes a "limit move". The placement of contingent orders by you, such as a "stop-loss" or "stop-limit" order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.
RISK DISCLOSURE : Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE DISCLAIMER : TRADES SHOWN ON THIS PAGE ARE HYPOTHETICAL AND WERE NOT EXECUTED IN A REAL ACCOUNT. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.
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