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Showing posts from February, 2017

Do I need to worry about Leverage or Margin?

Well, before we talk about leverage or margin and whether to use margin or not.

Let me address a rather more v.important aspect to this concept of trading, all of course, in my humble opinion.

None of the traders are ready for trading. That is why there are protections. I would consider myself lucky that I can find brokers who'd allow me trade a demo account with nearly the same prices and executions (executions really does not matter on the higher time frame though a pip above or below my po or SL is no issue there) Again, I'd like to stress on the fact that LEARNING TO TRADE CORRECTLY is a necessary requirement  before you decide to  trade a live account. Going for live account without first completing for instance 5 batches of T20 principle  would be, in my humble opinion, a very stupid and reckless thing to do. You'd rather give me your money.  :p

Trading is a skill that requires a lot of practice. Its a VERY lucrative skill but it requires practice. You must first mak…

Good Calls Today - AIMS The Hunt Skype Group

Today we had a few signals on different pairs. We shared it in our Skype Group and some of us enjoyed the profits/trades. First up is USD/JPY where we had a Hunt Buy Signal.

USD/JPY Hunt - The PC Cherry Signal. 

It was rather a simple setup. I saw it, shared it in Skype group. Everyone knows how to trade a certain signal. But some times you make a little adjustment in terms of target/take point area. In this case I only wanted to target the high of the box for slightly under 2R (3%) trade.

The fun part is that I saw the signal at 2pm UK time, had the orders in, then went for a late lunch, picked children form school and when I returned around 4pm it had already hit its take profit level. #LetTheMoneyWork4U   Let the money work for you, don't work too hard. The best form of trading is when you can simply leave your chart because you have a plan that has 3 possible outcomes.

AIMS Trading Plan teaches you this technique of trade management. We always have 3 possible outcomes out of a…

The Power of TZ1

When we take a trade we already have a fair idea where it might end up. Usually there is 1-3% profit available risking only 1% per trade. Look at this EUR/USD H1 chart. A lovely hit of TZ1 ... If you went short yesterday and had your Take Profit just above TZ1 , as in the picture below, you made 2% easily.