Frequently asked Questions

Convergent mainly focuses our effort at launch on providing what traders need to be career professionals in futures markets. The key products that are in focus are the E-mini S&P 500 (ES), E-mini Nasdaq-100 (NQ) and WTI Crude Oil (CL). However, we also have extensive experience trading Gold (GC), 10-Year T-Note (ZN), German DAX (FDAX), Euro Stoxx 50 (FESX), German Bund (FGBL), Euro FX (6E) and British Pound (6B).

What must I be prepared for in order to get the maximum benefit from your service?

• Slow down your trading while you learn. It is key to give yourself time to learn.
• When trading live, do the best you can to use full exchange margin per contract.
• Make mistakes but don’t let a single mistake take away a large portion of your account. You won’t learn if you can’t trade.
• Commit to approaching trading from now on as a business. Nothing is done on impulse…nothing!
• If you don’t have a clearly set out trading approach, trade management plan and risk plan, then simulate temporarily.
• Share your homework in the appropriate chat channel. This gives others a chance to learn from and critique your assumptions.
• Get the work and exercises done that we propose to you. There is no magic bullet or shortcut. Your trading approach has to be highly personalized and must be yours alone.
• Attend all of our sessions and webinars. Even though it is something you may have studied already, invest in attending because it may click a little more clearly this time.
• Turn off all other gurus, educators, chat rooms and groups. It is time for you to think in a focused and deliberate way. You are here now, so give this a chance by being deliberately focused on this opportunity.
• Don’t lurk. Lurking (the act of just reading and absorbing without interacting) is fine for a day or two, but you will only get out of the community what you put into it. Ask questions, challenge assumptions and share your findings.

You benefit most by being active. The key items you will want to bring with you: –

• Good capitalization: Your trading errors will be your tuition. It is ok to lose and we welcome the help that losses provide in terms of timing or strategy.
• A Growth Mindset: Leave your limiting beliefs at the door. There is not going to be room for the idea that there is such a thing as innate talent or curse. You can learn anything at any age. It is a function of approach and that’s what we are here for.
• Strong Discipline: Follow your plan. This will be hard if you trade emotionally or give too much credence to your “gut” or “feeling” while you trade. Follow the plan you set out and then grade yourself. Adjust and repeat.
• A Good Amount of Grit: You will fall. You will be disappointed. You will be frustrated. Things will seem hopeless. It may be so. But until you decide you are done, you have to have grit. You have to push through and keep improving. In our experience, when the turn comes, the mindset shift and process is quick. You won’t remember what it took.
• A Clear Understanding of What we Provide and What we Don’t: We are not magicians. We are proprietary trading trainers. We know what it takes and know the process. What we can’t deliver are results that are guaranteed. We do our best to provide you with the most up to date and professional tools we use.

The Convergent Trading Community is designed to help traders think and perform at a professional level. It is not designed as a signal or trade calling service and FuturesTrader71 does not share his screen live. FuturesTrader71 & CT Head Traders have demonstrated live trading during Execution Labs in the live week phase of the Accelerator Program in the past, although we are not currently running this program. We may from time-to-time run live events and the best way to stay informed is by subscribing to our newsletter here.

We do not currently provide private mentoring. However, in 2023 we launched the Accelerator Program, which is designed to pull all the pieces together to give you a highly actionable approach to day trading. During the Live Week Phase, it builds upon the key trading principles taught in the Course Phase, with daily Execution Labs to demostrate these in live market conditions, in addition to Skills Workshops to help you internalize key concepts. 

Participants have the opportunity to interact with and ask questions to FuturesTrader71, other Head Traders and fellow cohort members, via the chatroom.

For more information on the program and next cohort dates, please click here.

Trading Software

Whilst our recommended software can be found here, we have members who use EdgeProX/MotiveWave, Investor/RT, CT Bookmap, Sierra Chart, NinjaTrader, Jigsaw Trading and many more.

StalkZone™ and Master Levels are supported directly via EdgeProX/MotiveWave, Investor/RT, CT Bookmap, Sierra Chart and NinjaTrader indicators, but can also be downloaded as files in order to be used with other platforms.

Any focus on charting software is only relevant when attempting to match similar indicators with the software packages that other traders are using. The most important thing to consider is that the charting software can accurately reproduce intraday volume profile charts. This will allow you to follow along with FuturesTrader71 and other traders during webinars, the chat room or forums.

Brokerage Accounts

Convergent Trading is 100% agnostic in relation to brokerage firms and our members can and do have accounts from a wide variety of brokerage institutions.

Yes! We now offer the Accelerator Course, which is a self-study version of the Accelerator Program course phase. For more information, please click here.

If you wish to be notified of future big announcements on new courses, please click here to sign up to our newsletter.

Whilst a prop component is under consideration for a future phase, Convergent Trading does not currently fund traders. At present, we are focused on building a foundation for traders who want to trade professionally, by providing a high quality professional trading community.