The most important question asked! Schneider, money, success

abc trader said:

Hi,

Hi,

I have a place on the Schneider course starting in November. The questions i'm asking below have all been asked before but they always get smart **** answers. It would be great if the experienced among you could answer these honestly and it will then be a reference point for newcomers rather than everyone searching for and asking the same questions over and over again.

1. Joining the schneider course as a young graduate, relatively clever, determined and prepared to work hard, what will i earn over 6/12/24 months. Its been asked many times but the hilarious answer always comes back "depends how good you are". Seriously, there must be an expectation on the cashflow.

Probably take 6 month to break even
If they give you more products after 6 months you will be able to make some money
If you stay in spreads on a single product, I guarantee you it will be difficult to survive.

2. If you've been turned away from many of the other similar companies, what are your chances of making it through the course.

It doesn’t matter, you should believe in yourself.
Read some books like enhancing trading performance and also the ft every morning using a highlighter
Do preparation on a **** of paper and go for it.
You can do it, I know a lot who passed the course

3. How should i be preparing over the next 4 weeks.

Sleep well, take notes, network with other colleges, read the ft and always but always do preparation, write in template the news of the day and the actions you will take. Plus eat healthy and exercise will add value in your ability to cope.
4. Do any of you work at schneiders? would be great to hear a bit about what its actually like, rather than what is said by others and the company themselves. how long before you were earning, whats the atmosphere like, how long do you work?

I cannot verify that LoL…. In the end of the day everyone in for themselves. When you lose money someone from the room makes money  its sad I know. Try to be low profile and socialize with people. You are there to learn. Your time table will depend entirely on the head trader and competitions from colleges trying to get place.

Thanks to all who answer these questions

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