Simplify Simplify Simplify

I'd like to say a few thing for you to ponder upon this weekend. Just at the back of you mind while you're having fun with lots of things in your life.

Markets are simple. Their movements are simple. But our minds are not simple. However it is our duty, our job to make it simple.

Simplify Simplify Simplify.......... Thoreau 

Elliott Wave is Simple

The wave function is simple. Market does not move in a straight line. It goes up and down a bit and up again. There are up waves and down wave and side ways.  When the market makes a series of new highs and higher lows its believe to be going up. When the market makes a series of new lows and lower highs its believed to be going down. It makes sense to be able to know that with a single glance. And that is possible. But we have indicators that makes it even easier to find out if its up down or sideways trend.

We don't do complicated analysis of Elliott wave when applying our strategies. We have a simple indicator that does the count for us. We don't need to know where is a b c e d or f waves neither do we bother with where is wave 1 or 2. We know where is 3 and we know how to get into 5 and we know where wave 4 and wave 5 ends. And we don't do complex calculations for that. That's the beautyof it. Its all done by one simple indicator. Thanks to Snorm of www.For-exe.com

If The Market is a Wave what is the most logical place to make entries? 

The most logical spots of entering markets would be pull-backs when its trending. And if you want to trade within a range bound market then it makes sense to go short when market touches the high of the range and go long when it touches the low of the range.

What Time Frame To Trade?

Now some of us get stuck with this simplicity and can't seem to decide what Zoom Level they need. No matter what time frame you've chosen to trade you have to stick to that. Once you understand this concept it really is very simple. The market creates the same waves on any time frame so there really is no point switching from time frame to time frame.

I work Full Time What Time Frame should I trade?
Daily or Weekly time frame. Total work per week 2.5Hrs.

I work Part Time What Time Frame should I trade?
Daily or Weekly time frame. Total work per week 2.5Hrs.
or
Choose anything between hourly, 30 minutes, 15 , 10 , 5 or even one minute chart.
However if you trade the five or one minute chart your choice of instrument is limited to only a few in the market. The lower the time frame you chose then you must trade the faster moving market with lowest spread. The higher the time frame you chose the more instruments you can have at your disposal.  Follow the following table as a guide.

Time Frame                        Total Instruments to trade
M1                                       1
M5                                        1 or 2
M15                                      1- 4 (2 is the best)
H1                                        1-8 (4 is the best)

H4                                        1- 12 (6 is the best) 

D1                                        8 - 20 ( Create a mix of Indices, Currencies and Commodities) 

Don't complicate entry mechanism. 

Just select an entry method or two and every time you see it just take the trade. Work on developing on having the "lets find out what happens next..." attitude if you don't already have one. Either stop predicting or if you do try to predict you must have flexible expectations. So take the setups and manage the trades according to a planned set of rules that gives you an edge. Always take trade setups that offer at least twice as much as your initial risk. 

Winning is a combination of trades that make or lose money. 

In trading winning is not simply putting a winning trade. Anyone can catch a winning trade. Its all about following your edge and trading according to your plan. Wins and losses are randomly distributed. You can know the probability of the outcome of a set of trades yet you can never know the outcome of the next trade for sure. Are you 100% certain what's going to be the outcome of the next toss of coins. Call it heads or tails?

What skill do you need to win the next Toss of Coin?

If you said. nothing. You're right. You don't need any skill. Its the same in trading. A trader does not need any special skills to find a winner. Because wins and losses are randomly distributed.

Simplify your trading. 

AIMS Stress Free Trading is the name given to a concept, an idea, a group of individuals, who are constantly working on simplifying the methods of trading. Our recent trading strategy that we call Apples Seeds and Cherries is another attempt to further simplify things. We don't make you do math or statistical analysis here. Well, we do stats but we don't need them for our day to day trading.

Edge in the Market. 

We don't need to perform those mathematical calculations or statistical analysis on a daily basis. Those have already been done. We know what entry mechanism together with trade management plan gives us an  edge in the market. An edge is nothing but a statistical advantage based on a set of tried and tested variables. So now we have a "set-in-stone" type entry, exit and trade management plan that gives us an edge in the market  and constitute our trading strategy.

Have a Great Weekend

JOIN US - SKYPE Live Trading Room

Skype AIMS Live Trading Chatroom 

Join AIMS Skype Chatroom and 
Trade Live with Confidence

Trade Live with Master Traders

Live Commentary on Live Charts, Step-by-step explanation of the Setup from

1. How to take a trade?
2. How to manage it? and
3. How to Take Profit?

What do you Get in Skype Trading Room:

You get two kinds of benefits from the trading room, Technical and Psychological/Mental.

1. Technical Benefits

The first kind of benefit you get from being an active member of AIMS Skype Live Trading Chatroom is Technical Analysis. Technical analysis involves,
1. Where to Enter the Market with Entry Signals. Learn What is the Entry Setup? (whenever possible)
2. Trade Management: Learn how to Manage your trades, the crucial bit of successful trading.
3. Risk Management Guidelines, How much to risk per trade and why?

We share all that we know without any bias or prejudice. We love sharing. So we are absolutely sure from past experience with dozens of members who joined our Skype Live Trading Room that being part of this group should do the following:

1. Enhance your Technical Knowledge,
2. Increase your Understanding of the Structure of the Markets,
3. Enhance your grasp of AIMS Technical Trading Strategies.

2. Mental and Psychological Benefits

The second one is more powerful, its Mental and Psychological. As far as I am aware no one helps you with this side of trading out there.  Trading is 80% mental. No matter how many times I repeat this phrase it does not get old. Because the meaning of this are so vital, so important yet subtle that I have to keep repeating it.  No matter how good you get with your technical side of trading as long as your mental side is weak the chances of major success are low not just in trading but in any endeavor in your life.

We know the power of this concept. Although other people know this concept and its truth and validity as applied in general in life yet how to manage your trading mind correctly is a whole different ball game. Having the "right mind-set"  as applied to ordinary life just don't work the same way when it comes to trading.

We believe that your time spent time with us in our Skype Live Trading Room,should

1. Enhance your Understanding of your Mind,
2. Increase your Knowledge about how the mind works
3. and enhance your grasp of AIMS Mental Trading Strategies and
4. Understand the Structure of your Mind.


I love trading with others it keeps us all disciplined and there is always a great learning environment as well as some humbling moments that we all experience from time to time.

Session 1. London Open 
From 8am  to 10am

Session 2. New York Open
From 2.30pm to 4.30pm
All Times GMT (London, UK)

Subscriptions Requirements: Only AIMS Premium Members Can Purchase Monthly Subscriptions

If you'd like to Join us in our Skype Live Trading Room, you must first Become a Premium Member.

Monthly Subscription: £19.99/Month
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Note that Session may go over sometimes or conclude earlier depending on how it goes on that day. e.g. if there are major news at 8.30am UK for the currency/instrument we are trading we will start from 8.30am and lets suppose we made good pips during, lets say first 15 min of the session we would happily conclude the session. We will say a Big THANK YOU to the universe, God, market or  ourselves (depending on your belief system) and we shall conclude it. Less is definitely more.

Terms and Conditions, Disclaimer and Policies apply. 

No Refunds for monthly subscription. You can cancel any time, simply by going into your paypal account cancelling the subscription.  If you cancel your subscription you will be taken out of the Skype Group Immediately. 

[HOT NEWS] AIMS Skype Room makes Thousand Pips in 30 Minutes

AIMS Skype Traders Collected 2,010 pips, YES, that's two thousand and ten pips from this mornings trade signal shared in our AIMS Live Skype Trading Room. 

So I ask AGAIN! 

Its is a great feeling to make pips and points in trading. Success is addictive and it should be, good for us. But its even more rewarding when you see that your friends and colleagues are doing well as well. Especially when you are their friend-teacher-mentor type.

That is what it is, inside AIMSForum.com (Secret Den for AIMS Members Only)

Here are some Pictures AIMS Members shared during and after the trades were taken.

Huge Congratulations to All the AIMSters and Well Done on staying disciplined and getting rewarded as a result. 

No Kidding, AIMS Traders Made over 3000 pips this week. 

Darren made 255 pips on monday and over a 100 again today.

Below I share with you pictures of trades that AIMS Traders took themselves on their respective computers and send over to me via #Skype and #forum. I share with you so you can see how Pipsarious AIMSters Community is on a daily basis. 

Hurray! Well done Dave :) 

Yes Master GMan, mighty impressed I am. thank you for sharing. Great Trading  200+ pips 

Well Done, nicely managed all the way to the top.. Great Trade #Hill that's over 125 pips there mate... 

Another Fantastic Trade by JZB, well done mate... keep doing ,it rinse and repeat 

The Tasmanian Devil had Gordon Dam full of pips 169 pips to you Sir! Enjoy the Cricket World Cup 

Post by Kyle Stewart.

Paul the funny Aussie made some good pips and handsome pot of cash... well done sir... over 150 pips... 

Well done Peter, you've worked hard for this, and well deserved 60 pips 

What do we talk about in our Skye Live Trading Group

Hi,

I thought I'll share some examples of discussions from our Skype Live Trading Group. While it is possible you may get some nice trading signals during your presence we think that it is not important. Because as they say,

"Feed a man a Fish and you've fed him for a day, Teach him how to Fish  and you've fed him for life"

So you get more than just a fish inside the room. We share what we have learned about the fish and the pond. We know which fish taste good, where to catch them and what are the perfect times for catching one. We also know the different tasty recipes of cooking the fish in several different ways. So how do you like your fish? 

Frank asks a Question which basically meant this, 

"Is there a way that we can find more accurate information about the instrument we trade, so we can make more informed decisions than we already have so that we can increase the chances of hitting more winning trades". 

So I thought I'll share my answer here with you. 

[16:03:16] Immy AIMS: why would I need that?
[16:04:11] Immy AIMS: I'm not sure how that will help me in trading when I only need to know, whether there is a signal to buy or sell.
[16:11:18] Immy AIMS: more knowledge means more fear
[16:11:26] Immy AIMS: in trading, knowing less is MORE.
[16:11:40] Immy AIMS: in life knowing less, more specific knowledge is better for life overall.
[16:13:25] Immy AIMS: e.g. if you are an engineer, know about your stuff, do it perfectly and elegantly in most efficient manner, helps you achieve more than trying to learn everything about all engineering world. you'd lose focus. If trading dax on m1, knowing when there is a signal and major economic events is better than knowing when will BMW release its data, i'll have to keep a track of 30 companies. on m1. bloody hell.
[16:14:17] Immy AIMS: I'd rather join NASA as an astronaut :)
[16:14:31] Immy AIMS: ok out of the shorts and done.
[16:15:11] fran87wonneberger: maybe you are right,man
[16:15:22] Immy AIMS: The Fruit Strategy does not even get you in trouble within choppy markets. A few tries and you know its chop so you stop. if not a chop just take fruit and SAR and you'll be ALWAYS in line with the trend.
[16:15:54] fran87wonneberger: 15:54 y took short fruit gmt
[16:16:24] Immy AIMS: The first thing that a typical trader does, addressing "the Problem of losing trades" is to "gather more information about the market".
[16:16:39] Immy AIMS: it makes perfect sense in common life. you want to solve a problem, gather n trading, though, it is the worst mistake. because Losing is not a problem
[16:16:59] hthang140873: I wish I can thing and do like you but I cant at the current
[16:17:24 | Edited 16:17:38] Immy AIMS: I repeat, problem in trading, if you're not making money is NOT, I repeat NOT losing trades. 
[16:18:04] Immy AIMS: let me rephrase, your problem is not the face that your are making losing trades.
[16:18:20] fran87wonneberger: i carry big fx baggage
[16:18:45] Immy AIMS: let me rephrase, the problem that stops you from becoming a consistently successful trader is not that you gather losing trades.
[16:18:56] fran87wonneberger: the good thing is that i am doing well since i trade the dax now i see  fx mkt differently as well
[16:19:54] Immy AIMS: but the mind thinks losing is a problem and it needs to be fixed. so you go out in search of more information, better information and more "accurate" information.
Sadly though you'll be Greeted by all too clever marketers who KNOW that you're in search of holy grail so they sell you dreams and you want to believe them.
>  because you're frustrated,
> you are too tired of losing,
> you so eagerly want to win.
> you want to make millions out of trading just like the hundreds of city boys whizzing around in their brand new ferraris.
> You want to have that life of luxury and carefree, "all-bills-paid-no-worries" "money-no-problem" Life.
The marketers present these "Carrots" to you or presents to you known and common trading "problems"  and then gives you the carrot. You are ready to fall for it.
[deleted irrelevant message here ]
[16:21:45] Immy AIMS: The result once again you fail and you're disturbed, even more frustrated, even more eager to find the "solution. At this stage most of the traders give up. But some are not like that, some are like you, constantly learning and improving.  So you continue the search.
[16:23:36] Immy AIMS: Sadly for most, it could be years later that you find out, that even a system with a very small edge could make you money. Or may be you were lucky and you found a really good place where you learned the real answer. Such as iTradeAIMS.com such AIMS Stress Free Trading. (hehe)
but the problem is not "how to stop losing money" the problem is not, "how to stop making losing trades". the problem is not even how to make winning trades, neither it is how to find perfect entry, exit and money management plan.
[16:23:47] Immy AIMS: The problem is = How to be a consistently successful trader. And the answer to that is, Patience and Discipline. You then ask a question, "How to be disciplined". "How to make consistency part of your trading personality".
[16:23:59] Immy AIMS: and the answer to that is INSIDE YOUR MIND.
[16:24:12] Immy AIMS: The mind is the problem as much as it is the solution.
[16:24:22] fran87wonneberger: i agree on that 100%Immy

So this is what we discuss in our Skype Live Trading Group. 

By the way, if you're eager to know what is the answer to the above Question. You're lucky because we have written an eBook specifically to answer this question. Previously only available to AIMS Premium Members.

Get Your Hands on This Special eBook that will change your trading forever

Product Description

AIMS Stress Free Trading – Activating The Mind 
How to Trade Using The State of Mind “Knowing without Knowing How You Know”

After Reading this material you should be able to do the following:

• Objective 1. Understand How The Mind Works. Breakthrough the barriers of your mind.
• Objective 2. Understand the concept of Peak Performance and Trading in The Zone
• Objective 3. Practical Ways to apply to get you in The Zone. How to Perform at Peak Levels

How to Trade Like Neo from The Matrix

How to Trade Like Neo? Well, to trade like Neo you have to See the Market for What IT IS. You have to see the "Reality" of it and break through the "Illusion". To find out What Creates the illusion, where is the illusion and what is the Illusion read on. 

There are so many opportunities to make money in the market. Why are we not all making loads of money and going crazy? 

(This article is created from Chat Messages from our Live Skype Trading Room Today)

I know why, because most of us are afraid. We are scared of trading. And on the flip side of the coin there are traders who are completely reckless. You cannot see trading success, consistent trading success until you achieve a certain state of mind that allows you to hit your "Peak Performance".

The next time you take a trade try this.
As soon as you've entered a trade watch yourself, observer if you are stressed, observe if there is any feeling in your tummy, or if you're tense and there is tension in your muscles, are you crunching your tummy, are your shoulders relaxed or tight. The moment you bring your attention to your body you will feel it. Now take a deep breath and allow your muscles to relax. and say this aloud

" I don't care if its a winner or loser I just want to follow my rules."