FAQ
How much money can I make in trading or using your strategies?
Trading results vary significantly between individuals and depend on many factors, including market conditions, trading approach, risk management and individual decision-making. There are no guaranteed results, and the educational material provided by Nikos Trading Academy should not be understood as a promise or expectation of financial returns.
Our focus is on helping traders develop their knowledge, skills, risk-management practices and a structured approach to analysing the markets.
Our focus is on helping traders develop their knowledge, skills, risk-management practices and a structured approach to analysing the markets.
Do the EA'S only work only in MT4?
Our EAs currently work with MT4. MT4 provides the charting and trading environment required for the tools included with our programs. Some of EAs are also available for MT5.
How many trades does your system trigger weekly?
This is one of those questions I can't just answer with a few words. That all depends on the market volatility, amount of pairs on your watch list, time frames, trading style (day trading, swing trading, scalping) and the strategy you choose to trade. The lower the time frames, the more setups you will find, which isn't always a good thing. Spending too much time in front of your PC can result into "overtrading". I would advise; use a strategy which suites you best and trade according to your plan. This way you will enjoy trading without worrying about how many trades you have to take. Important is that you are happy with your results in the end.
How many EA licenses do I have?
For each EA you have 3 licenses available. You can activate those on a demo or a live account. It's also no problem to replace license number in case you change a broker or open a new trading account.
On how many computers can I use the EA?
Our license is based on your MT4 account numbers and you have 3 licenses. Your 3 licenses are stored on our save members database and you can use those three licenses on any PC.
Are there any hidden fees or additional monthly payments?
That's a big NO. We want our members to be happy, so we only offer only one-time payments and you have unlimited access to everything that's included in our programs, like the live trading room, EA's, updates, FB private group, special live focused sessions, Video material and replays.
What is the difference between Renko and classic charts?
Classic charts are time related charts and they shows the price movement over a period of time
Renko charts are independent of time. There must be a particular size of movement to create the candle. Renko charts are created by setting a "box size." For example when you set 10 pips per box, new candle will be created only when price moves 10 pips in on of direction. Renko charts are helping to filter out noise on charts and it's easier for traders to focus on trends and read the charts.
Renko charts are independent of time. There must be a particular size of movement to create the candle. Renko charts are created by setting a "box size." For example when you set 10 pips per box, new candle will be created only when price moves 10 pips in on of direction. Renko charts are helping to filter out noise on charts and it's easier for traders to focus on trends and read the charts.
Do you provide Signals?
We do not provide personalised trading signals or instructions to buy or sell financial instruments. Our educational sessions may include examples of market analysis, trading setups and strategies to help students develop their own skills and decision-making process.
I can't watch the charts all day long. Do you have solution for me?
Our programs include different approaches that can be adapted to different schedules and trading styles. Depending on the program, students may learn about discretionary and semi-automated trading tools, including the use of Expert Advisors (EAs). These tools are educational resources and do not guarantee trading results or profitability. Users remain responsible for their own trading decisions and risk management.
What & how do you actually teach your strategies?
Our focus is on helping students understand market structure, trading concepts, risk management and the practical application of different strategies. The goal is to develop a structured and disciplined approach to analysing and planning trades.
What if I do not have technical skills and I struggle to set up the charts?
No worries you can always email us and our professional team will help you out. If we can't resolve your issues via email we will use remote software to connect with you and check the issues directly on your PC.
How does the Live Trading Room work?
It is a place to learn, analyse market conditions, improve your skills and develop a more structured approach to trading.
I am not sure which program is suited for me?
If you are not sure about where to start, or if you feel confused, no worries; just send us an email to schedule a 1-on-1 chat with me or members of my team. We are happy to listen to you and guide you. No strings attached!
Can I upgrade from the Advanced Trader to the 1-on-1 mentorship?
Yes, of course you can upgrade from the Advanced Trader to the 1-on-1 mentorship and as our member you will have special discount. Just make sure you contact us at least 4-8 weeks before to ensure a spot for you.