FAQs
Do I need to be an experienced trader to benefit from Market Mentor Edge?
No. Both the beginner and advanced trader should be able to integrate the tool within their overall strategy.
I have seen many retail trading packages for sale - how does your program differ?
Market Mentor Edge is not a pre-canned retail package or mechanical "Black Box" trading system. Specifically, Market Mentor Edge is a selection of indicators that Richard Diamond uses for his background work on the market.
How difficult is it to use Market Mentor Edge - do I need to be a mathematician to operate the tool?
No. You don't need to have an advanced understanding of mathematics to use Market Mentor Edge. Market Mentor Edge utilizes an easy to operate web based interface. Many of the indicators change color to indicate over-bought or over-sold thresholds. Further, subscribers have access to web-based tutorials that highlight how to navigate the software and how Richard Diamond applies many of the indicators to his personal trading.
Do I need to be a day-trader to benefit from Market Mentor Edge?
No. Some of the indicators are longer-term in nature and could benefit the swing-trader and position-trader.
If Diamond is such a good trader why is he teaching and offering Market Mentor Edge for that matter?
Diamond has been trading full-time for over 40 years. Over the course of his trading career he taught for approximately 18 months in the 80s. Although he greatly enjoyed the rewards of teaching, he didn't like the fact that teaching kept him from trading on a full-time basis. Therefore, when he chose to form Market Mentor in 2003, he did so conditionally. Specifically, he would limit the number of courses to ensure that he could still trade on a full-time basis. He will likely limit the enrollment to Market Mentor Edge for that same reason. With that said, he does enjoy meeting traders and aspiring traders from all over the world and teaching them how he conducts his trading business. He views Market Mentor Edge as a natural extension to his mentoring business.
Are there any success guarantees from using Market Mentor Edge?
No. There are no success guarantees from using Market Mentor Edge. Trading can be a very challenging business. However, Diamond believes that students that are disciplined in their approach and closely follow sound money management principles can increase their probability of success.
Can I get a refund if I determine this tool isn't for me?
Yes. Richard offers a 30-day no questions asked money back guarantee. After the initial 30 days you can cancel your subscription and pay only for the current month in use.
How do I pay for the service?
Your credit card will be billed on a monthly basis for using the service.
As a special benefit for Charter Members, we are offering a 3 month option for the price of 2 (a 33% discount). After the 3rd month, your credit card will be billed on a monthly basis.
How do I access Market Mentor Edge?
Once you enroll, you will immediately be able to create your login information and start using Market Mentor Edge. Your login information will also be emailed to you within minutes of your order confirmation.
If many people use Market Mentor Edge will it loose its effectiveness?
This is extremely unlikely. Market Mentor Edge is primarily used for background work. Clearly, Day-Traders and Position-Traders may apply the indicators differently. This is not a system that is giving trade entry points to a specific instrument. As a result, there's an extremely low risk of the tool being diluted by too many users.
Can I use Market Mentor Edge to trade stocks?
The tool is best applied to trading US stock indices or Futures indices such as the S&P 500 e-mini. Richard Diamond specifically trades the S&P 500 e-mini.
Can I use Market Mentor Edge to trade Foreign Stock indices or currencies?
No. Market Mentor Edge is specific to the US Stock Market. The data pulled each day is from the New York Stock Exchange (NYSE).