Skip to main content

Posts

Showing posts from February, 2015

3 Power Points of Choosing a Trading Strategy

When it comes to getting yourself into Forex trading, one thing you may be wondering about is
the Forex trading systems that are out there.



There are plenty of options to select from and even more opinions on if you should use them, how you should use them and which ones to use.

Before you can make a decision about this, you should consider what the trading system can actually offer to you and why it may or may not be the best option for your particular needs. Some systems are no doubt better than others.

There are many systems out there and some of them are definitely going to be a better option than others are. The key here is not to buy a system or use a free one, based solely on that factor but to know what to look for.

3 Things you need to consider before Buying a Forex Trading System
Before you give the thumbs up to a system please check if it gives you the following 3 things.


Match The System with Your Style of Play1. The first thing you need to consider is that the trading syste…

Self Sabotage - Traders often face this problem

A problem that might haunt you at some stage of your trading
There is a certain human mental pattern of behaviour that might occur to you when you start live trading or in some stage of your trading. It may even happen to some people while demo trading.

When you are having a losing day you will be more prone to take more trades and suddenly you will find that taking a trade would become so easy. This is because you want to either recover your losses by trading more or you are engaging in "Revenge trading".

But on the day you have your first few trades as winners you will, all of a sudden find it hard to take more trades. This is because you are protecting your profits for the day

The former case would usually be a choppy day and the later usually a moving trending day.

When you find yourself doing this your losing days will often be double or even more of your usual winning days. In some peoples case that losing day often wipes the profit of the entire week if not month.

Th…

[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 …

How to FIX Mistakes?

·At the end of the day ask yourself, “Did I make a mistake?”  -- Where a mistake means you didn’t follow your rules.   And if you don’t have any rules, then everything is a mistake.
·If you didn’t make any mistakes, then pat yourself on the back.  And if you lost money, but didn’t make a mistake, then do it twice.
·If you made a mistake,then determine the conditions that lead up to the mistake.  How might that happen again?
·Now determine several effective responses to those conditions.   And rehearse yourself performing them because this will make it automatic for you.

Use this procedure on a daily basis because it works.
Procedure by Van K Tharp

Is it Possible to Double Your Account in 13 weeks?

Michael from Austria already Did it He Doubled his Account in 13 Weeks and then made 800 pips this January 2015 Trading his Live Account Silas from Germany Doubled his Accountin 3 Months Are you Fed-Upof Checking Dozens of Indicators?
Do You Want a 
Trading Strategy that requires
only 1 hour a day? No You Don't have to do that! Do You Want a Simple
Trading Strategy that makes you Money with less Effort? I'm Sure You Do! We All Do! Because Does the sound of making hundreds of thousands of dollars every month sound attractive? Would you like to make800 pips in one monthlike Michael Did this month? Would you like to learn to double your account in 3 months like Michael, Silas, Sam, Moty, Ray and various other AIMSters?AIMS Traders have been 
Doubling Accounts within 3 months 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 …

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 …

You Can Do it Too - 350 Points Today

Hi

Today we made over 300 pips within the first session of the trading day. London Open brought lots of volatility and we were short The DAX in a matter of seconds. That traded lasted for a good time 30 minutes and brought 100+ pips depending on where you got out but most of the AIMSters (AIMS Traders all called AIMSters) Trading Live in Our Skype Live Trading Room took over 100 points from the short. It was not long before we long again that got us 190 pips. Would you like to learn to trade like this as well? Would you like to make 300 pips in 2hrs too?


12 Steps to Mind Power of a Master Trader

The 12 steps to acquire the mind power of a Master Trader is intended to acquire mind power of a master trader. It can help you achieve your goals of  improving your trading performance, hitting your trading goals effectively, getting more out of your trading time, increasing your wealth through consistently successful winning trading. You can also apply it to other parts of your life as well.




Step One:  Choose a quiet place, which is free from all distraction, interruption or disturbance. This may even be inside a bus or in your own room. The idea is to be able to concentrate in any environment that you find is suitable. The ideal is to be able to concentrate in any environment that you find is suitable. The ideal time, however, I have found to be is, early in the morning or before going to bed. The ideal place however, may be anywhere as long as you can concentrate.

Step Two:  Feel comfortable. Wear loose clothes or else loosen your belt and tie.

Step Three:  Be comfortable. Keep y…