3 Forex Pairs For Beginner Forex Traders

As you start your Forex career, or even if you are just testing the waters, you will want to focus
on pairs that can provide you with the highest amount of profit without being as risky as some others are.

The key is to know what your options are and to know which pairs of currencies are the best to focus on. With many different pairs out there in currency, it is easy to get overwhelmed and confused, long before you actually find yourself making a profit.

For this reason, it is best to stick with the following three pairs because they provide the best results for most people.

EUR/USD - The Euro Dollar 

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."

AIMS Member Doubled Live Account in 3 Months

Congratulations to SILAS for Doubling Live Trading Account.

Silas from Germany started trading AIMS Strategy in October 2014 and he managed to double it by the start of January this year. It took roughly 3 Months to Double Live Trading Account

I just wanted to Share this good news, certainly not the first one who used #AIMS Stress Free Trading to double their account but it surely is something worth sharing, celebrating and rejoicing.  woohooo!!!! Silas ... You're Fab!

Congratulations to SILAS for Doubling his Account.

Consistency is Everything

I just want to say, Consistency is everything. 

Trading is ALL about Consistency. If you find a system, you do reasonable backtesting and some forward testing and you find that it gives you a statistical advantage (an edge) then the next step to take is simple. Just trade it. 

One must stay consistent. IF you keep adding or deleting indicators to your chart day in a day out you probably are not consistent. And how can you be consistent if you keep changing the environment for your mind and your eyes. Your eyes must see the same picture over and over and must not expect changed picture everyday. Meaning, if you keep using different templates on a weekly or daily basis, consistency will be hard to achieve. 

Beware The Template Syndrome: So I urge everyone to select a template and then forget about other templates. If you're like many of us, you probably have over a dozen templates in your mt4. I've seen some people when they click on their templates button two or 3 columns appear, yes hundreds of templates. But that leads to nothing. Our first indicator is price, you can add 2-3 more derived indicators anything more than that would just complicate things. Trading is ALL about consistency. and "Consistency = Patience + Discipline. "

If you want success in trading you must treat it as a business. You must be thorough. You must keep a journal and record everything. Accurate recording leads to better faster learning and helps with consistency. In a phrase successful trading is nothing but acquiring a personality trait. Being Consistent.

Let this be your new years resolution. To remain consistent so that you may find success and remain consistently profitable. 

Do you feel betrayed or angry at the market when it goes against you?

If you do, and I know most of us experience those feelings, let me ask you a question. Do You feel the same way when you toss a coin? You called heads but its tails,do you feel betrayed by the coin? If you are playing a slot machine and time and time again you don't get what you want do you feel betrayed by the machine? I'm sure your answer is absolutely not.

When the pattern shows up, e.g. S1 Setup, you have to take it just like you're willing to flip a coin. "trading a technical pattern like ours has nothing to do with being right and wrong, this is not a right or wrong game" its just an odds game. Trading a technical pattern is exactly that. It gives you odds in your favour but not per "attempt" or "trade".

Odds in your favour, what does it mean?

And the odds in your favour are not per trade. You have to understand this, that you have odds in your favour over a series of trades not per trade.

A Setup is a Setup is a Setup

Traders often mistakenly think that when the "pattern" e.g. The Setup 1 presents itself that they get odds in their favour which means "I will win the next trade because its a GOOD Setup". The reality is that Setup 1 or any other pattern, The Fruit or Seed, Trend lines or whatever repetitive pattern you've found in the market is just that, a pattern that repeats itself. A pattern is a pattern. It does not give you an edge in terms of your ability to win this particular trade or your next one. However it does give you a edge , it gives you odds in your favour in terms of your total winnings be more than your total losses. It means that at the end of a series of trades your overall balance will be positive. But this largely depends on your ability to stick to the plan. You cannot count trading mistakes, which means not following your rules, in this series of trades.

How sure am I if I will win my next trade?

Traders often mistakenly believe that their method is telling them that the next trade will be a winner that their method is telling them what's going to happen next? I cannot guarantee that, i cannot even have any idea so that I could tell at all, whether my next trade will be a winner or a loser. I can say with certainty that if you follow this pattern at the end of 20 or 50 trades your overall winnings will be more than you've lost. This is Trading. Trading is a pattern recognition numbers game.

Its Easy to Trade, Its easy even to find a good winner, everyone finds a winner every now and then, however its not easy to make consistent gains unless you've addressed the mind issue which is "Fear of Trading". Unless you've understood the fundamental fact about trading. Trading is an odds game and you have to play by the rules. Unfortunately our fears in our minds always block our way towards consistent success.

AIMS Stress Free Trading - Activating The Zone
If you're scared, if you're not making money, you've got to get this eBook. Previously only available to Premium Members inside AIMS Forum now available to download right now.

2 Ways to Deal with Fear and Greed

We follow a statistically proven edge. It really does not matter how many trades you lose. What matters is how many winning trades you let run. Any system that relies on higher %age win will eventually fail. That is because the probability of any Technical Study, Setup in the "long run" is only 50%. When we trade any setup we have 50% chance of Success. So how do we make money?

We make money by minimising our negative trades and milking the winning trades. But unfortunately the human nature of "Survival Mechanism" back fires in trading environment. It is responsible for keeping us safe and alive on this planet or the universe but sadly in trading it does the opposite.

Thoughts/Feelings of Hope Mechanism: 
When we trade a setup and market moves the opposite way, our mind starts using a Feeling that is very useful and vital to our "Psychological and Emotional Health". The "Hoping  Mechanism" activates thoughts of Staying Positive, Expect the Best, Its all going to be fine, Its going to turn around,". These thoughts and feelings are not required at this stage.

The Fear Mechanism: 

This is mechanism is in our left brain. We undergo this phase just before getting in to a trade. It activates when we sense there is an opportunity. The mind interprets this as a danger. It does so by retrieving information from its database matching it with similar "past occurrences".

It activates thoughts of,  "What if its a loser?, I don't want to have another loser, I've had too many losers, Is it going to work? The system is not working and don't know what to do? The last time I traded around 3pm it went the other way? I don't know what's going to happen?

The left brain is the concious part of our brain. Unfortunately it hates "unpredictability". It cannot deal with situations where the outcome is uncertain or low probability. Since 50% is not a high probability occurrence we feel this uneasy, unpleasant situation.

When in Profit it activates, " Protect your gains before they vanish" , "What if it turns around and you end up losing  and give back all this profit", "best to take the most out of it" " have enough profit now lets bail".
This list is just the beginning. it comes in many forms and manifestations.

If we let the human survival mechanism take charge and let it run on Auto we are going to end up where the rest of the 95% traders end up. This is counter productive in trading.

What do we do? How do we get rid or at least press the "Pause" button for our Survival Mechanism while we trade. 

We certainly cannot afford to get rid of this system entirely. Because our ordinary life depends on this but  not so much in this modern world. This discussion is beyond the scope of this post.

The answer is to do exactly the opposite. 

When in a trade that goes the other way, we exit quick and when in a  trade that makes profit let it run.

How to achieve this: 
We would use our minds internal mechanism by learning to activate responses manually. Dont let your mind;/brain run on Auto. Take charge. This is what Stephen R Covey calls  Habit 1"Be Proactive.".

Choose your response. He also puts it nicely like this,

"Between Stimulus and Response is your Freedom to Choose" ....Stephen R Covey.

How do we do that? 

When in a trade and price does not breakout properly and is approaching your exit point, reject the hoping and pampering thoughts. You cannot reject a feeling without replacing it with another. Remember you must have at least one feeling/thought at a given moment. So we accept Fear. Use fear to your advantage. Get scared and exit according to your exit signal. The predefined exit point you chose before entry or if it has changed during the progression of the trade then follow that exit spot.

Brave people do not have fear? Absolutely wrong. They know how to deal with Fear. Its like saying that a black smith is not scared of Fire. Or a soldier is not scared of death or a bullet. Oh yes he is. He is, more than we are. Because he knows alot more about it than us. But he knows how to deal with it.

So learn to deal with your fear. and then use it to your advantage. So DO NOT BE BRAVE when price says EXIT HERE with LOSS. Be Brave to Accept Fear and get out.

On the contrary when price goes your way Reject the Fear and in place of Fear Activate/Accept the Hope Mechanism. Let it run and hope for the best. and when the system generates an exit signal that means  Exit with Profit then Exit immediately.

Here is another treat for you.

As soon as you are about to exit with profit the left brain does its final "what it thinks is a favour to you" Trick. It does that by presenting to you the "Hope Mechanism" one more time. It says stay in a bit longer its going fine. Remember last time, you exited to soon. What if it continues. Reject that and accept the system generated exit signal.  By not following this profit taking exit signal your actions are motivated with "Greed".

It is evident that we cannot get rid of  feelings of "Fear, Greed, Fearlessness or Bravado, and Hope". These are parts of our structure. These things are a Fact and they will not cease to exist as long as the human mind  exist.  Our job is to learn to use them appropriately, not to get rid of them.

The best way to achieve the following is to exercise the power of "Staying in the Now".  More on this in the book below...

Trade what you See not what you Think.

Want What the Market Wants 

Get Our Unique and Updated Book on How to Get into The Zone

AIMS Stress Free Trading - Activating The Zone

6 Practical Ways to Be More Peaceful this New Year 2015

Why not find inner peace this new year 2015? – 6 Practical Ways to Be More Peaceful

1. Let go of the need to interpret the actions of others. 

This is my favorite tip for finding inner peace: stop trying to decipher what others meant when they did this or said that! This need to figure out what people really meant by their words or actions will drive you to distraction — and not to mention the effect it has on others. I need to take this tip a step further, and let go of my habit of ruminating on what I said to others and what they think of me. Finding inner peace is about accepting yourself and others for who you and they are.

2. Replace worry with freedom.

Worrying about the future and things we can’t control (or even things we can control) isn’t any way to be more peaceful. Worry may be natural to us as human beings, but it’s unnatural to us as spiritual beings. Whether or not you have faith in God, find ways to release worry, anxiety, fear, and doubt. Prayer and meditation helps you find inner peace by reminding you that life is more than the things you worry about.

3. Accept – and even enjoy - every moment in life. 

A key to finding inner peace is to learn to flow with events and people instead of fighting them. Flowing with even the most difficult moments in life involves not taking things so seriously, letting go of critical or negative thoughts, accepting that there is no one right way for life to unfold, and believing in yourself.

4. Avoid toxic or negative energy. 

Do you know someone who likes to pick fights, or who sees flaws and weaknesses everywhere? Are you that person — perhaps an emotional vampire? Instead of finding fault or being critical of who and what you see, practice seeing things and people without judging them. Be child-like, and see things as they are.

5. Connect to the hearts and souls of other people. 

The more love you give and receive, the more connected you feel…and the more inner peace you’ll find. To connect with others, initiate heart-to-heart conversations. Ask people what they think and how they feel – and listen to their answers. Spend time in nature, even if it’s in the arboretum in your office building at lunch!

6. Act spontaneously – and don’t be paralyzed by fears from the past. 

I love this tip for finding inner peace: don’t let the past stop you from being authentic and real right now. Dr Wayne Dyer calls your past “the wake”, and says it can’t pull you forward…it can only hold you back. Of course you need to deal with problems from your past, but you can’t let those problems paralyze you. Instead, follow your intuition and act spontaneously in the moment.

And, one last way to be more peaceful in this world…

We wish you a Happy, Prosperous and Peaceful Year