NFP Trading - 100 Pips on USD/JPY

More than 100+ Pips on NFP Day

Today was a Good NFP Day. We traded the Dollar Yen (USD/JPY) using our Favourite Strategy for trading news events. It went really well.

Skype Live Trading Room Session:

We called a nice trade on our Favourite M1 Chart Dax30. It was a trend reversal entry.
Some lovely campaigns on Dax30. Using the Fruit Strategy.
Resulted in  +9 + 12 + 23  = 44 pips. 

Also took a quick Fruity trade on Kiwi thanks to  AIMS Member Hill in the Skype Live Trading Room. He caught some good pips at post NFP Spike pullback. I went on and took a trade using fruit in the direction of the NFP Spike. 

800 Pips in first month of live trading

AIMS Tradres have been doubling their accounts within 3 months. Earlier this month, right at the start of this Fantastic New Year 2015 we had the pleasure to share the great news from Silas from Germany who managed to double his account within 3 months of trading. That was after Sam from Australia had shared the great news of doubling his account earlier last year and then later we shared how Michael Zlabinger from Austria  successfully managed to double his account in three months.

Michael started trading his live account in 2nd week of January 2015. I am so excited to know and share that Michael has successfully made 800 pips this month of January 2015 on his LIVE ACCOUNT. Let me re reiterate how big a job this is. 150 pips a month is more than enough for a very handsome return. But 800 pips, I don't have words to describe the immensity of this achievement. So I'll simply Well done to Michael and wish him the best of trading in the months and years to come.

Forex Peace Army Review 

Michael has left a review on the independent review website Forex Peace Army. Please have a look.

Michael from Vienna doubled his demo account and then made 800 pips in his first month of Live Trading

Joining AIMS Forum means Consistent Success. 

When you join AIMS we ask you to become an active member of our ever growing members only forum. We ask you to start a Journal. Then you set your self a target. You start trading either demo account or a live account but trading only small lots. This is your training time. We ask you to trade demo for at least 1 month but 3 months is the best. during these three months your goal is not necessarily to double or triple your account. Your goal is to learn to trade the system by remaining disciplined 100% of the time. A trader needs to think in probabilities and this exercise helps to instill professional trading into your mindset. Once its there, you'll become a professional trader for life. And enjoy the benefits of trading correctly.


Michael's Success is not a minor event. Its profound. And the biggest secret of his success is his ability to remain disciplined not only with managing his entries and exits correctly but also how he manages his trading time and most importantly how he records his journal on a daily basis. Journal and recording is the key to success and this is what we are proud to provide you inside AIMS community of friendly and lovingly successful traders.

Michael shared in his JOURNAL all of his trades at the end of sessional on a daily basis. This is how he learns about himself and at the same time we all get to benefit from his work. A successful formula. His latest post at the end of January 2015 was of particular interest to me personally. He shared the following post.
800 pips in his first month of live trading. 

If he continues in this fashion soon he will have double his LIVE Account faster than 13 weeks. Its a HUGE Success. 

Notice that he's added number of hours to the result as well. He trade a total of 34 hours during the whole month still he managed to make 800 pips. Now this is powerful stuff. If he was to risk only $10 per pip he'd be making $230 per hr working only 2 hrs a day Monday to Friday.

Michael is an active member of our Live Trading Group that we run on SKYPE. Learn to trade correctly and profitably in the company of new, experienced and consistently successful traders. 

2 Very Beautiful Things to Say

I got two things to Share today. Beautiful Quotes. Extremely Powerful Simple and Beautiful Ideas by two amazingly intelligent and beautiful people. 

-

We believe AIMS Stress Free Trading System is SIMPLE, BEAUTIFUL AND ELEGANT. 

[MUST READ] 13 Weeks to Double my account by - Michael Z

Another AIMS Trader [Doubled] his Account within 13 Weeks!!! 

Congratulations  Michael Z

Huge Congrats and thanks to Michael on his success. Long may it continue. He's recently left us a review on Forex Peace Army (read more). Its worth a read and well done to Michael.

"Hello everybody,
Since I've been using the "I Trade AIMS Stress Free Trading"system since October 2013 and my trading has enhanced a lot in that time. I've come to the decision to drop a review about AIMS system here. It's funny because I've stumbled over AIMS right here in the FPA-review section. 

I was trying to trade for 2011 and as most beginners, I jumped from one strategy and system to another on the quest of the holy grail of trading. I learned many things, joined a "Price Action" program but didn't get my feet on the ground. Then, in October 2013 everything has changed as I purchased a lifetime AIMS premium membership for a very, very reasonable price. It's less than you have to pay for most 1 or 2 days trading seminars and it's worth 10, 20, 100 times of them.

Beside the robust and dynamically evolving trading-system with different entry and exit strategies, the most important fact is the extremely committed support from Immy (the founder and owner of AIMS) and other senior AIMS traders (AIMSters) who are offering free-of-charge mentoring in the AIMS live trading room and the AIMS forum which are inexhaustible sources of knowledge and support. They are the core of mastering the strategies.

In September 2014 I stopped trading anything else and devoted my whole trading time to AIMS system. This has really paid off as

I was able to more than double (2.36x) my demo account in just 13 weeks.

In this period I was able to bank 1.368 Pips with an average risk of only 15 Pips per trade and just a little more than 2 hrs trading per day.
Watch the stats here: Results_09-12_2014

Since 5th of January 2015 I'm trading a live account and already have made more than 350 Pips until today with the same risk as mentioned above.

As conclusion I can say that AIMS changed my trading completely in a way that it has supplied me with a solid set of trading rules and with Immy's and the AIMSter's knowledge of handling trader's behavioral and psychological phenomena. These two aspects make AIMS so powerful.

Cheers,
Michael"

Double Confirmation - How to Make Winning Trades - The Final Part 3

This is part 3 and final part of Double Confirming Your Trades.

... continued

Its very important to understand that Every Moment in the Universe, and so in the market as well, is UNIQUE.

Every moment in the market is unique

As a result of Understanding this information you will know that as long as you continue trading the same pattern using correct money management and following your exit plan accordingly every time, your account would grow more than it is drawn down at the end of 20 trades . That my friend is Trading.

Woohooo I hit a Winner

Notice that I did not put emphasis on your ability of hitting a single individual trade. Anyone can hit a winning trade once in a while. What makes you consistently successful is not your ability to hit a winning trade but it is your ability to consistently follow your trading plan.

The Ultimate Goal

The ultimate goal of a trade is not to hit a winning trade, or avoid the losing ones, but its is a psychologically challenging thing to achieve called Consistency. And consistency is not show in one day or two weeks. Consistency is shown for longer periods such as 3 to 6 months to start with. And consistency is an equation.

Consistency = Patience + Discipline. 

When you see a pattern you might think ok here we go again, the pattern is there the next trade is going to be a winner. But what follows the pattern, the entry pattern lets say, is a unique outcome. everytime. The outcome of a trade that was preceded by a certain pattern we call the Entry Setup is a unique event. The entry setup and the outcome of the trade are unique events. You've got to understand this.

A Very Important Fact to Understand and Fully Apply 

The probability of success is very high if you follow the system, but the probability of success per trade is never 100% it might be from 60% to 40% depending on what type of system you use.

What happens if you jump of Eiffel Tower?

You gotta understand this "Concept of Probability" as good as you understand that if you jump off Eiffel tower or Empire state building without a parachute two things will happen to you 100% guaranteed.

1. you know you will hit the ground.
2. you know that when you hit the ground there are 99.99% chances that you will die.

Trading can be stress free but not without understanding this concept

Without understanding this concept trading can be very stressful and a hard work because you will be "trying hard" to make money on each trade. You will be pushing "yourself" and trying very hard to make this next trade profitable. However the fact remains,  no matter how strong you crunch your tummy muscles, no matter how hard you bang your desk, no matter how closely you watch the chart, you cannot turn your next trade into a winner with 100% surety.

Be a Casino and let the players play their game. 

Enjoy your trading by "Believing in the system and that successful trading is a game of probabilities".

If You're like to learn about this concept and 3 Simple Rules about 3 Simple Indicators 
 Please JOIN TODAY
20% Discount on Premium Membership is Still On. 

Double Confirmation - How to make winning trades - Part 2

Yesterday I shared with you a discussion we had inside our AIMS Skype Live Trading Room. This is the second part of  that story.

Correct Mindset of a Trader:  

A trader with correct mindset will make a mediocre trading strategy look awesome but a trader with wrong mind set, will destroy a strategy with a very powerful edge.

In my previous post I said that Trading is 80% mental, 10% goes towards money management skills and strategies and the rest is divided as 5% for entries and 5% for exits.

However sadly, 95% of traders put 80% of their efforts towards the 5% of the equation in trading and that is The Entries.

The Perfect Entry:

They want to make perfect entries. They want to nail those entries that bring winners 100% of the time, double confirmation, quadruple confirmation. Something to put their mind at ease before entering the trade, something that say "this trade is going to be a winner". 

Being Wrong or Right

However I have bad news for those traders. Sadly that is not gonna happen. Because trading is not a game of perfection. It is certainly not a game of being wrong or right. Oh no.

You cannot manipulate things into your favour in the market. You cannot change the market not even a tiny bit. Trading is a game of probability.

The Self Similar Repetitive Pattern

You might have found a pattern in the markets and this might be a great thing for you. You'll be excited that now you will be able to better "predict" the market. But the reality is that all patterns have a certain "probability of success" attached to it. A certain pattern might give you an edge in the r form of 50% winners and 50% losers.

You may win lets say 60%  of the time or less using the same pattern, but the very same pattern that looked beautiful and produced 100 pips this time, that exact same pattern might appear again the next time still it may bring 15 pips loser.

A new trader is baffled, surprised and even shocked. S/He does not understand as to why this pattern did not work this time? The pattern might look exactly identical but its unique its never happened before.

What you see is an an identical patterns yet unique at the same time. Its not the same patterns they are are similar but at the same time unique. You might think you woke this morning with the same person that you went to bed with last night but not only did the person next to you change over night you have changed as well.

"Everything flows and nothing stays" 

"You Cannot Step in the Same River Twice" .... Heraclitus

... to be continued tomorrow  Final Part (Click Here)

Double Confirmation - How to make winning trades Part 1

Part 1. 

A good trading buddy commented about Double Confirmation or Additional Confirmation of a Trade Setup. It happened inside our Skype Live Trading Room.

Our friend said, "I found a new confirmation to get in Fruit, I shall trade it for a few weeks and let you know of the outcome"

 

My response was "What! What "New confirmation"?
He replied, "additional confirmation" and he said "it seems to be 70% in the right direction"

A Typical Trader's Mind Set

This is what a typical trader is after. "double confirmation" A way to predict the future. The question is, how can you confirm something that is just there in front you. And how can you find clue in the now that will confirm the future? When a new trader looks for confirmation he's actually looking for a confirmation that the trade will be a winner.

Lets e.g. you take a trade entry setup, e.g. A Fruit signal or an AIMS Stress Free Trading The Setup 1 entry signal, with all 3 rules checked and ticked off. How can you then tell that future will bring exactly what you want. That is the confirmation. The trade setup itself is the confirmation. What else can you add to it so that you can improve the rate of success? The more important question is do we really need to be right more time than we are wrong?

Is it going to be a winning trade?

So I said that if we look for additional Confirmations this would suggest that we have the mind set of novice traders who wants to "make sure that the next trade is a sure shot winner". Most traders don't possess what Mark Douglas calls Probabilistic Mind Set. And a big portion thinks they possess that mind set but in reality they don't yet fully understand it and so they are unable to apply it.

A beginner is always trying to hit that next winning trade. And this "need to know the future" is the biggest problem.

Keep it Simple - If it Ain't Broker Don't Fix it

I'd like to tell you one thing though no matter what anyone says, with whatever they can throw at me, I will NOT Add anything to my chart or change my technique. do you know why? Because it works. I don't need to change it, IT WORKS

What is Additional Confirmation?

What is additional "confirmation"? I don't like the concept behind confirmation because Nothing can confirm "the future" and tell you the outcome of a trade entry signal. Be it AIMS The Fruit Signal or any other signal or entry mechanism. Is there a way to know the future? If these concepts are new to you prepare yourself for a complete turn around of your thought process. This is what we teach and share with you inside AIMS Forum. Successful traders "Think Differently".

so I said, "You know that I don't give a s**t about how perfect the entry is? I place only 5% importance on entries?

The Mind 

Because Trading is 80% in the mind. 10% is MM (Money management and position sizing strategies) and 5% exit, that leaves 5% for entries. So its 20% science. (the strategy i.e. a system rules pertaining to making entries, managing trades and exiting the trades) and 80% Art.

AIMS is The Art of Trading Chaos!

.... to be continued tomorrow (Click here to Read the Next Part)