Frequently Asked Questions

Frequently Asked Questions:

What is the trading record of the group, or how many points do you make a week?

The answer to this questions is more complex than simple. Delta Trading Group is in a professional arena, where mentors and money managers do not measure success in points. Underestimating this, Delta requires his traders to build a track record of making between 5 and 10 points a week before they start trading live money. Members keep such a record going to continue to advance in their trading. Industry predators have spent decades conditioning the general public into thinking that a published track record in points is a quantitative measure of success. These people prey on the ignorance of the public to guide them into purchasing “holy grail” trading systems, books, and software that do not work.Any time a company focuses on the supposed track record, one must be very concerned with their next statements.Any true professional will downplay the magical trade signals and misleading point track record, as there is no way to honestly record points and such when several common risk management techniques, such as dollar cost averaging are used. A professional does not prey on the ignorance of rookie traders – a true professional educates in risk management, money management, and in transparency. There are many things Delta does that promote successful trading. The mentor trades with a trading platform in front of hundreds of clients every day using his own live money. He hides nothing and leaves nothing the imagination. The Delta family chats freely as they trade alongside the mentor.  No other mentor in the world is as transparent, open, and successful with a large group of traders, both new and professional

 What about our credibility?

Obviously, anyone starting a business should do a lot of due diligence, but we get these questions so much, let us help you out a bit. Like all business propositions, you need to look for the negative and the positive, but mostly the risk.

* Delta advertises on major broadcasting networks that only allow credible advertisers for long-format radio shows
* Delta is a mentor with Ensign Software. Ensign would not allow any substandard businesses to be affiliated with them.
* You can look to the Arizona Secretary of State and find Delta Trading Group, Inc. is is good standing with the corporation commission.
* You can search for Delta Trading Group, Inc. with the Securities Exchange Commission (sec.gov and EGDGAR) to find there is a publicly listed Reg D private offering. Companies trying to stay under the Federal Governments radar would probably not list an offering with the largest securities regulatory agency in the world.
* A company as large as Delta in this business would normally have dozens of negative articles. We have very few negative complaints.
{Please note that “Delta” is a common name used in hundreds of companies in the US. We are not affiliated with a Delta Trade Financial or Delta Trade (a food distributor). These companies negative reports somewhere, but we don’t even know what they do, who they are, or anything about them.}

How much does it cost to get into trading?

That is an individual thing, depending on your circumstances. That is why we invite you into live trading sessions and assign you a personal representative to help determine if trading is affordable for you. Once you visit us online and understand what we do, we will be happy to discuss value with you.

 I work, so how can I learn to day trade if I can’t visit the live trading sessions every day (10am-12pm Eastern)?

This is the reason Delta created the Trading Academy. You can learn the Delta 123 Trades on your own time, and even play back the recordings of past live trading sessions. Our Trading Academy combined with world-class trading tools such as Ensign Software, you can:

1. Learn to trade with real data feeds from any day from any of the past couple years.
2. Learn to trade with actual recordings of live trading sessions with our trading room expert.
3. Build a track record before trading live money.
4. Successfully trade the S&P E-mini market live approximately 23 hours a day, 6 days a week. (Market is closed on Saturday and some Holidays).

Can I use my own broker (different than TransAct)

You can use any Futures Brokerage firm you wish; however, you need to understand that if you trade outside our Live Trading hours (or the hours we provide the charts on line), you will need to have a data-feed that is comparable with Ensign charting software. You will need to make sure your brokerage account has such a data-feed, or you will have to take one of the other options available to you.We use three major components to trade as group:

1. Adobe Connect. We use Adobe Connect as our web-broadcasting system. If you only watch our broadcast to view the Price Charts, then you don’t need a data-feed.

2. Ensign Software. We use Ensign Software as our Charting Software. The charts you see in our Live Action Trading sessions are Ensign Charts. You can either just view the charts when they are broadcasted, or you can have your own. If you want to use Ensign Charting Software on your own, you will need to sign up with Ensign (generally 49.00 a month), and you will need to have a data-feed (See TransAct Below). Consult with Ensign for a list of brokers comparable with Ensign Software.

3. TransAct. We use TransAct as our preferred Broker because they provide several important elements in one place:

1. Brokerage Account: at a good inclusive, round-trip, rate.
2. 30-Day Free: Simulated (Demo) platform.
3. Free Data-feed with a funded account: The data feed is needed to provide Ensign Charts with data. If you don’t want to fund an account or have a brokerage somewhere else, TransAct is a good alternative to rent the data-feed.
4. Subscription Data-feed and Practice Trading Platform: If you need a simulated platform longer than 30-days, TransAct has a special package that is EXCLUSIVE to Delta Traders, where you can rent the data-feed for $25.00 a month with a $100.00 Deposit. You must, however, talk with a specific persona at TransAct and specifically refer to Delta Trading Group, Inc. As your referring broker (we are not technically a ‘broker’, but that is there is not a spot in the application process for referrals other than that.)

What are the tax considerations for day-traders?

That depends on your investor status. You should consult with your personal tax accountant or attorney for details concerning your unique situation.  Here are some resources to get you started: TradersAccounting.com and  Market Watch tax Strategy

What are the mentor’s Credentials?

All of the Delta mentors are educated, active traders who apply deep knowledge in Risk Management to trading financial markets.

Do I need to be an ENSIGN Subscriber?

In most cases, Yes. If you are not an ENSIGN Subscriber, you cannot access the Delta Charting Objects, 24/7 Chat, ENSIGN backtesting, or the Automated Delta Backtest Training Program Software. You will be limited to Live Trading Session chart broadcasts.

Where do I get Delta 24/7 Chat?

You must be a subscriber to ENSIGN Charting and be a current Delta Member to use Delta Chat.

  1. Download Delta Chat at http://deltatradinggroup.com/DeltaChat/deltachat.exe .
  2. Install the deltachat.exe
  3. Call Delta Trading Group Ext, 501 to give them your CID Number and ENSIGN ID.
  4. Always check the Setup screen to look for an upgrade version.

Where are my ENSIGN ID and my ENSIGN CID Numbers?

The CID can also be obtained from the ‘Ensign 10’  security screen.

ensign-cid