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Wednesday, 31 December 2014

How To Get Motivated and STAY Motivated

The internet and tech boom today has created unlimited money making opportunities for all sorts of people who can now enjoy trading like the professional, some starting with zero or limited knowledge soaring to success in making money from trading. There is a good number of retail brokers today offering genuine pro like trading opportunities. 

But why does only a handful succeed while the majority jump from system to system without success?


The missing link according to some of the pro and semi pro traders is in personal development, the motivation to identify, set and to systemically follow up your goals.

It's said that everyday we choose what to do with our time. And that every little action that we are involved in, will produce results, whether desirable or otherwise. However, this is not news for most of the people who have been and are still trying to get out of the rat race by investing their time and money in businesses.

Most of us have been to seminars, have taken notes and have books and audios by the 'gurus' of self-improvement, all this without any long lasting favored outcomes. And we keep stacking up more ad more of the personal development materials as we continue to 'buy hope' that one day we will find the right program for us. 

We also look for that trading strategy, a forex robot, or a black box system which promises us all the right ingredients, the right tools, support and a chance to make a quick buck without lifting a finger. And then it all happens again. Nothing works and we jump to another 'ground floor' system or den of a new guru. 

So what is missing here, what happens to the inspirational buzz we get when we attend a motivational seminar? The possibilities, the vision we attain when we listen to that goal setting CD. Why procrastinating again?

Well, I will tell you what is missing. 

The one ingredient, the catalyst that you must have if you are to succeed is a daily dose of continuous motivation to enable you to consistently replenish your inspiration and vision.

For beginners it is important that you get this daily dose until you become disciplined or habituated enough to go on an autopilot. The only challenge is; this continuous kick on the back side does not come cheap.

However, there are ways to achieve this daily dose without coasting you an arm and a leg. You can have a coach who will give you a weekly coaching session and get a friend to do the daily butt kicking. The 'best' friend to do this for you is the loud mouthed one, who can embarrass you in front of everyone if you haven't done what you said you would do. If you join AIMS Forum as a premium member you might experience some light butt kicking from time to time but only if you're a naughty boy/gal. 

Another way is to have a personal improvement program which is monitored by a group of people who have one goal in common. This way everybody mentors and inspire everybody else.  This 'co-mentoring' can became unbelievably effective if there is an appropriate platform for this co-mentoring to happen. This is Exactly why we put so much emphasis on Joining our Members only Friendly, Loving and Caring Trading Community residing inside the walls of AIMSForum.com. Our forum is our haven, our den, our personal development centre and a cyber pub. 

So Hurry and Join this group of loving traders who share a common goal. 
We welcome you whole heartedly and we wish you a Merry Christmas and a Happy New Year




Saturday, 27 December 2014

Change Future Events

To Change Future Events, the following steps are required


1. Be happy and grateful about the current.

(The Power of Gratitude - Make a Daily Routine of Gratitude Process e.g. A Gratitude Diary)

2. Forgive and Love yourself for the mistakes of the past.

(Use the Power of EFT, Affirmations and Meditations - Give yourself a tribute of Silence everyday. e.g. Close your eyes, and take 3 deep breaths, inhale as much as you can and release slowly and accept and love yourself mentally)

3. See yourself happy and successful in your mind's eye in the future.

(Benefit from the power of Visualisation, Mediations and Affirmations)

.More on this inside The Mind Section of our Forum [Premium Membership]

Wednesday, 24 December 2014

The Benefits of Achieving Happiness

The Benefits of Achieving Happiness



All fairy tales usually end with the words “And they lived happily ever after”. Everybody is constantly striving to achieve their expectation of happiness. So what is it about happiness that is so perfect? Here are a few benefits that being happy can give you.

You're Healthy and if you get sick you get better Quick!
Happy people are more likely to have a stronger immune system. They are also shown to endure pain better. Did you also know that happy people are less likely to suffer from depression and there are also fewer suicides because happy people just have better coping skills?


Happier People live longer and of course healthier 
People who are always looking on the bright side of life, tend to live longer than pessimists. So what are you waiting for? Have a new positive outlook today.

Happier people find more Success at work
Happier people are more productive at work. When you are happy, not only you feel better, you also have more energy and are able to focus. This increases productivity and creativity. They tend to be more satisfied with their jobs and more happiness shows higher income! Unhappy people are more sluggish, distracted and they are also less productive at work. When working with clients, clients are also attracted to one who emits a positive emotion. A happy person exudes confidence and this confidence will attract more clients.


Happy people have better relationships
People are always drawn to happy people. They would want to be around a happy person. Like attracts like. Your whole life becomes happier because you have established a warm and loving character. Your family and friends also become happier. Furthermore, your children respond well to positive thoughts and positive emotions. You will get your children laughing around and growing to happy adults too. In addition, your spouse will also be more loving in your response to your happiness.

So what are you waiting for? Happiness has many benefits and there are no downsides to being happy. So make a choice to be happy today!

So I wish you You, Your Friends and Family
A Very Happy Joyful Christmas
and a Fun Holiday Period   
Be Happy Spread Happiness
Love and Be Loved 
May You Achieve What You Seek! 

Monday, 22 December 2014

Chart Density - Did you Know?

What is Density and What is a Low Density Chart? 

If you day trade or trade the lower time frames you should know about this concept. It will save you a lot of lost pips.

Density is Defined as following in general terms
noun
1. the degree of compactness of a substance.
"a reduction in bone density"
synonyms: solidity, solidness, denseness, thickness, substance, bulk, weight, mass; More

IN COMPUTING it means:
a measure of the amount of information on a storage medium.
noun: packing density; plural noun: packing densities
"a low-density floppy disk"

In PHYSICS it means:
the quantity of mass per unit volume of a substance.
the opacity of a photographic image.
2.
the quantity of people or things in a given area or space.
"areas of low population density"

In Trading it means:
Density means the quantity of pips within a candle or a given chart space. In general the higher the time frame the higher the density.





Saturday, 20 December 2014

2 Spots in the Market Create High Probability Setups

Below is a excerpt from one of the topics inside AIMS Forum where we share with our fellow AIMSters (AIMS Members) ideas and concept that can change their trading dramatically for good.


Continued from Inside the forum
.... Point No. 5.

When the market stops moving stop trading.

Understand the differences between Volatility, Momentum and Density of the market. 


The AIMS Stress Free Trading - The Setup  Strategy is designed for Faster Moving Markets. The faster time frames have the potential for bigger gains within shorter time periods but there is a problem. That problem is the presence of enough trading volume to keep the chart moving nicely creating waves up and down. It is your job to establish if the markets are volatile or not.

If the average Range (difference between high and low for that period of time) is less than your average winner it might be a good idea to wait until markets starts moving.

It would not be appropriate to say that we "need" volatile markets for M5/M1 strategy to succeed. I should rather say, "In order to take advantage of fast moving markets i.e. moderately and highly volatile markets, we drop to lower time frames such as M5 or M1 or the M5/M1 combination, in doing so we are able to trade some best looking charts.

When the Markets are DENSE (Market Density is a term coined by AIMS Stress Free Trading. The concept is explained inside AIMS Forum.) and Volatile, when there are more ticks per candle the better is the picture, the better and more reliable is Elliott Wave count. We would need at least 20 ticks per candle for a chart to be worth trading. But 100 ticks per candle is a very healthy chart. In order to make sure you get this right we suggest that we trade during times of expected higher market activity. Those times obviously are:


High Probability Spot Number One:

Session Open Times is the highest probability spots in the market where there is higher probability of the market making a dash in some direction.  Markets usually have greater activity during open times. Such as London Open, New York Open, (New York Banks usually open an hour before Equity Open) Asian Open is another Session time and more appropriate for yen, aussie and kiwi based combinations.

High Probability Spot Number Two: 

2. Just After News. Yes, thats right, a few seconds or a minute after major news are released. You can check these news very easily using a free website. www.ForexFactory.com is the worlds largest forex related website and very reliable. They have the news rated as red, amber and yellow. We are interested in the Red News. As data hits the market so does the orders and it creates an environment called high volatility period. The more the activity the higher the chances of price moving in direction or the other. We have a special, very simple but effective technique for trading the news. Premium members of AIMS Stress Free Trading can access it any time they like.




Thursday, 18 December 2014

Trading and Intuition

I Share with you a very good article written by Adam Milton, About.com Guide

Trading and Intuition 

I was once asked by a trader how they could determine if a market was moving decisively (i.e. was moving in a single direction), and my answer was that if they were not sure, then the market was not moving decisively. In other words, if they looked at a chart and they didn't immediately know which direction the market is moving, then it was not moving in a single direction.

Intuition and Instincts
I was suggesting to the trader that they use their intuition and instincts in deciding if the market was moving as they required, rather than a fixed measurement (e.g. an indicator being above or below a particular level). Intuition and instincts either play an important role in trading, or they play no role at all. This is because they apply differently to discretionary and system trading.


Discretionary Trading
Discretionary traders can (and very often do) use their intuition to confirm (or negate) their trading decisions. For example, a trader might decide not to make a trade because the trade would require a slightly larger stop loss than usual, even though all of their entry requirements had been met.

While discretionary traders are able to use their intuition and instincts in their trading, they need to make sure that they do not confuse them with fear and greed. (Immy: This is a Very Important Point)

For example, whenever a trader decides not to enter a trade based upon their intuition or instincts, they need to know why they are doing do, otherwise it is possible that the decision is based upon fear of a losing trade. Similary, if a trader decides to hold a trade longer than usual, they need to make sure that it is their intuition rather than greed that is making the decision.

Knowing the Difference b/w Intuition and Emotion 
Knowing the difference between intuition and emotions is something that will come with experience. (Immy: Here is an Easy Way to Find Out whether you are trading with Intuition or Emotions? The newbie might find him/her self mostly in the later category.) In the meantime, if you are making a trading decision and you find that your heart is racing or that you are starting to sweat, you are probably making an emotional rather than an intuitive decision.
 
System Trading
System traders on the other hand, cannot use their intuition in their decision making process. System traders make their trading decisions during their testing and analysis of their trading system, rather than during live trading. If a system trader starts using their intuition and instincts to modify their trading decisions, they are no longer a system trader, and they may need to modify other aspects of their trading accordingly (i.e. there is no such thing as a part discretionary and part system trader).

Monday, 15 December 2014

The Best of All Trading Places is a Trending Market

It should be the easiest place to trade in a trending market but most people find it very difficult to follow a trend.

Definition of Trending Market
1. It stays out of the alligator's mouth.
2. Its pullbacks are less than its thrusts
3. It will contain more green candles in an up trend and more red candles in a down trend.

What is a Trend?
Price on the Correct side of Alligator
Up Trend = Price Above All three Lines
Down Trend = Price Below All Three Lines.


When is it too late or too early to buy a pullback? 

In order to answer this question first ….  Let’s quickly do some repetition. Let’s quickly do some repetition.  Let’s throw in some trading ...