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( Exclusively For Valuable Subscribers Only !

Brought To You -By Aaron Tan

8 Top Secret Rules


That SUPERCHARGE
M Y F o r e x Tr a d i n g
S u c c e ss
Tr e m e n d o u s l y !
( Special Report..)
We Can Bent The Rules.
BUT We Dont Ever Break Them !
Or Else - It Would Only Means FAILURE.

www. ForexTradingEmpire.com

Risk Disclosure Statement


The contents of this e-book are for informational purposes only. No part of this
publication is a solicitation or an offer to buy or sell any financial market.
Examples are provided for illustration purposes only and should not be
constructed as investment advice or strategy. All trade examples are
hypothetical. No representation is made that any account or trader will or likely
to achieve profits or loses similar to those discussed in this e-book. The
information found in this e-book is not intended for distribution to, or use by
any person or entity in any jurisdiction or country where such distribution or use
would be contrary to the law or regulation of which would subject us to any
registration requirement within such jurisdiction or country.
CFTC RULE 4.41 HYPOTHETICAL OR SIMULATED PERFORMANCE
RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL
PERFORMANCE RECORD, IMULATED RESULTS DO NOT
REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE
NOT BEEN EXECUTED, THE RESULTS MAYBE HAVE UNDER-OROVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN
MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED
TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE
FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF
HINGSIGHT. NO REPRESENTAION IS BEING MADE THAT ANY
ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES
SIMILAR TO THOSE SHOWN. EARNINGS, STORY & PHOTOS
ILLUSTRATED IN THIS REPORT MIGHT NOT BE ACCURATE. READ
AT YOUR OWN RISK.

Dear Valued Subscribers,

Aaron here. and today in this exclusive report, I will be sharing with You
the Top 8 Trading Rules That I Have Self-Formulated & Constantly
Optimized - Through my past ( 5 Years+ ) Of Trading In The Forex Market.

It is also by adhering closely and NEVER Deviating from these IMPORTANT


Rules that have successfully transformed me into a Winning Trader
that I truly want till today.

I am very sure it is already NOT new for me to tell You this fact that Statistic has already proven( time and time again ) that ONLY 3 5 % of
traders Survive this brutal trading game for long term.

The other 95 % - 97 % either give up ultimately after struggling for a


certain ( Short ) period of time..OR simply CANNOT withstand the
volatility and risks involve with the forex trading game.

Forex trading is after all - A ZERO-SUM game.

When Youre winning on one side.there bound to be a LOSER on the


other side.

That explains why the TOP 3 5 % winning traders are truly achieving the
Financial Freedom and commanding an insane 5 figures.6
figuresor even 7 figures income each and every month Simply
by trading the forex market.

And the Insane Amount of Profits that they are gettingwhere did it
come from ?

Not hard to guess at all right ?

YES..it is from the MAJORITY of the traders that struggle and eventually
FAILED. ( After losing 5k, 10k.50k.100k or more ! )

Nowwhat is the Forex Trading Game all about then ?

Do YOU even have any idea on that ..when You choose to start venturing
into this game ?

Heres the TRUTH for You :


- It is just a game of a battle between the Buyers and the Sellers.
- It is merely a game of Probability .
- It is a trading game whereby as long as You can Enter at Point A
..& Exit At POINT B With Profits then Youre a WINNER !
Thats about it.

HOWEVER.just like anything in life that we do, we need to have some


RULES or guidelines to show us the Proper Way to achieve certain goals /
objectives..

Lets take Driving as an example here :

After You start Your engine, You would have to CLUTCH IN, CHANGE To
1st GEAR, Release Hand-Brake

.Only then can You move off smoothlyright ?

Without fulfilling any of the elements, You would have difficulty moving
offand even if You DID Forcefully move off

There bound to be some Damages done to Your car.

Well.these RULES also apply to forex trading as well indeed..

This is especially MANDATORY IF - You are really serious about Succeeding


with forex trading and making a good income out of it . Consistently
each and every month.

In order to trade the forex market and get some profits ( pips ) out of it

It is WITHOUT-A-DOUBT that..You would need to know these few


parameters :
1)
2)
3)
4)

Whether to Sell / Buy


What Price You would like to ENTER
Where is Your Stop-Loss ..in the event Youre WRONG
At what price You would like to EXIT..( Your Take Profit Point )

Only when these parameters are properly planned and executed, then You
would secure high winning probability and end up with profits end of the
day

Why ?

Because trading is just a game of Probability remember ?

When You DO NOT have a set of Rules to guide You on

OR rather.a set of PROVEN RULES to guide You on..

Then there would be NO Consistency in Your tradings at alland


everything would be based on Feelings & Wild Guesses

When that happens - It is NOT giving You an advantage at all but would
only DRAIN Your trading account deeperand deeper as You trade more..

Simply because You are most likely to end up losingand losing..and keep
losing Without You knowing WHY too ! ( which would lead to a very
serious problem in the days to come )

You see.

Whenever You choose to BUY / SELL a certain currency pair.

There must be a Logical Reason of WHY You choose to do that

.Likewise whenever You choose Your Stop-Loss & Take-Profit Points too
There MUST be a WHY as well

Failing to provide the adequate ( Proven ) Reasons for Yourself and IF


You still choose to go ahead, jump into the market and trade ..

That is simply being Ignorant and trading based on WILD


GUESSESor what most known as the YOU THINK attitude..

YES.I was once an Ignorant trader as well whom like to jump into the
market purely relying on wild guesses and gut feelings..

Sometimes I am right though

BUT most of the timeI am Dead Wrong !!

And when that happens..I would see my account being DRAINED with a
really huge Deficit normally because a Stop Loss point is always being
ignored as well !!!

Why am I ignoring my Stop- Loss point then ?

WellI am HOPING that the trade would ( one fine day ) eventually
turn back to my break-even point so I can exit with minimum damage then.

But that kind of HOPE would only lead to one disaster most of the time..&
You and Me know that outcome very well too right !

The Drawn-Downs or Deficit would simply get bigger and bigger instead of
turning back ( like I Hope ).until it hit a MARGIN CALL !

YES..that was the Ignorant ME 5 years back when I am still struggling


to even achieve a Break-even record each month back then..

That was also the time when I LOST 2 of my trading accounts with a few
thousands dollars $$$ of trading capital in it.and in a really short period
of time.

What were the main causes then ?

Being Ignorant is one thing..BUT it is mainly because I DO NOT have a


set of Proven Trading Rules to guide me into the market.

So everything and every single trading decision I made back then would
NOT get me a More Predictable Outcome OR Consistency at all

I am truly NOT putting the odds of WINNING on my side at all.

The only verdict for me back then is Losing & Losing ..thats it.

Fortunately......I did NOT stuck that ignorant way for too long though.

I started to study into some trading rules that other successful traders set
out for themselves.. learning through some of the popular forex forums
online

By doing that, my trading got slightly better indeed.

Subsequently, I started keeping a trading journal which chronicles all my


trading decisions - Which include both the successful trades and the failing
ones.

For all the Successful trades that I executed.I would develop a certain
RULES which can help me achieve the same success in future again.

Likewise for the FAILING trades that happened, I would develop a


certain RULES which serve to help me AVOID making those Mistakes
again..

Hence, over the past 5 years as a full time trader, I have formulated the Top
8 Trading Rules which I would NEVER DEVIATE from as long as
forex trading is concerned.

These are the results from countless Trial & Error from my own tradings as
well as studying into the way other successful traders execute their trades..

These trading rules would not guarantee that You would be 100% winning
all the time

BUT..they could literally SUPERCHARGE Your trading success too Just


like how they have guided me & ultimately achieved the kind of BREAKTHROUGHs .I want out of my forex tradings..

As well as enable me to become a very Consistent ( winning )


trader..month after month

So as my valuable subscriber, You will get to learn each of them And


explain in clear, concise details for You below ! * smile *

Enjoy reading ya.

------------------------------------------------------------------------------------------

My Top 8 Secret Trading Rules


That SUPERCHARGE My Forex Trading
Success Tremendously !
(Once Deviate.It would Only Means FAILURE )
------------------------------------------------------------------------------------------

Winning Rule #1 :
Trade Only The STRONGEST Trend !

The Trend Is Your Friend..Follow The Trend ! - This is a conventional


believe that most traders would adhere by regardless of what market they
are trading.

Thats because it is True .

Whenever there is a prevailing trend in the market, there bound to have


tonnes of traders all over the world watching it and jumping in as and when
appropriate to grab some valuable pips out of it.

Indeed, lets say if the EURUSD is in an obvious Down-Trend, we would


most likely want to SHORT it rather than buying counter-trend.

.Thats because the risk is higher if we choose to play counter-trend in an


obvious Down-Trend.and of course, the rewards from a counter-trend is
much lesser as compared to following the Prevailing TREND.

For myself, I love a currency pair that is Obviously Trending ( whether


using a Moving Averages or Just Channels Strategies to derive ).because
there are a lot of Pips that I can grab out of it.

HOWEVER..

If given a choice between an Obvious Trend ..VS..An EXTREMELY


STRONG Trend.

I would choose the latter anytime because the Winning Probability is much
( MUCH ) higher. * smile *

I Am the kind of trader ..whom like to trade a set-up or scenario where the
odds of winning are extremely high definitely.

Let me give You an example here on what do I mean by a Extremely


STRONG Trend :

Say the EUR/USD is in an obvious Down-Trend.. ( as seen on the bigger


time-frames such as the 4 hourly or daily )

WHILEthe GBP/USD is in an obvious Up-Trend..( also also as seen on


the bigger time frames such as 4 hourly or daily )

Since both are having the USD as the common denominator

Then when You combined the WEAK ( EUR ) .and STRONG ( GBP )
together.

What would be the kind of trend be like ?

Pretty obvious here right ? * smile *

YES !.....The EUR ( Weak ) / GBP ( Strong )..would be in a


Extremely Strong DOWN-TREND then..

So instead of trading other pairs which are Not So Obviously CLEAR


..I would definitely focus on the EUR/GBP instead.

Try this technique too and I am very sure You would not scan for TREND
like before then.

Of course by doing this, Your trading confidence would be much ( much )


higher too when You spotted one such Extremely STRONG Trend in the
forex market* smile *

That would be the Winning Rule #1.. That I Never Deviate from for
all my trades..

Winning Rule #2 :
.Dont Trade Just Any Set- Ups, Trade ONLY
The Obvious & Nicely Formed Ones In The Market !

Too many traders struggled and eventually failed in their forex trading
because they are making too many unnecessary mistakes that they can
actually Avoid in the first place.

Most of these traders often like to spend a lot of time perhaps even every
single minute looking at the charts trying to find set-ups that they can
profit from.

Doing this alone, it doesnt really lead to any nasty outcome


thoughmaybe at most straining their eyes* frown *

It is when they analyze the charts and then Presume that the set-up
popping right in front of them is actually that profitable set-up they thought
it is. Thats where all the unnecessary problems set in

Occasionally in their heart, they knew they are actually Presuming that
set-up but because they would rather TRY THEIR LUCK at it.and
hopefully see profits after that which make them decide to jump in no
matter what.

The end result would most likely be a nasty & disappointing one indeed
Because in the first place, that is NOT the Proper Set-Up that he/she
thinks it is

When they lose the first time roundeither getting Stop-Loss hit or they
manually Cut-Loss ( because they are Wrong )- That would slightly drain
their account.

If they stop at that point..they could still Salvage actually.

It is when they FAILED or Choose NOT to stop this Presuming Attitude


that eventually lead to the undesirable consequence of draining more and
more of their capital due to the many losses.

..Even to the extend of losing the entire account.

So what is the solution for this problem then ?

Well.simple actually Just trade the Obvious & Nicely Formed set-up.

Lets say Your bias is to SHORT/SELL the GBPJPY

What could be one Obvious and Nicely Formed set-up which could
increase Your winning probability then ?

Heres one :

How about trying to spot for a DOUBLE-TOP FORMATION on one of the


major resistance level ?

OR.how about trying to spot for a DOUBLE-TOP FORMATION on one


of the significant FIBONACCI Retracement Level ( 61.8% ) ?

These 2 are definitely reliable set-ups for SHORT/SELLING where technical


analysis is concerned.

And I am sure a DOUBLE-TOP is not hard to identify isnt it ? * smile *

I can maintain my winning accuracy relatively high each and every month
consistently simply because I choose to trade the Simple, Obvious &
Proven set-ups without much guessing work on my part.

In fact, all my trading strategies are just based on the more **Powerful Price
Actions - Which combined just Simple Resistance/ Support levels, Proven
Patterns Formation or Just Breakout With Long Candles..& such.

They are very reliable and very easy to spot once You are familiar with
them.( If not nowover time You would )

Winning and profiting from the forex market is indeed very simple if You
choose to make the entire trading process Simple for Yourself.* smile *

Alright, heres the Winning Rule #2 .

Lets go for #3 next

Winning Rule #3 :
Achieve Minimum Risk & Maximum Rewards By Taking
Advantage of The Price Pullback / Retracement !

Just like what George Soros.. ( Whom made his mark as an enormously
successful trader ..wise enough to largely withdrawn while still way ahead
of the trading game ) .said so :
It is NOT how much You made When You WinBUT rather How
Much You Would LOSE When Youre WRONG that matters !

In any trading game, as long as You WIN more than You lose by the end of
the month..then Youre a winner.

Simple logic.

That is why it is very important that the position I choose to trade MUST
give me Maximum Rewards .and MINIMUM Risks.

Maximum Rewards in this case is of course the Take Profits I can aim
for

Minimum Risk .on the other hand - Is the Stop-Loss point ( or any losses )
I would have to bear when I am WRONG.
( And of course, we would want the RISK to be as small as possible for any
position we wish to trade. )

Hence, that explains why knowing the Price Pull-Back / Retracement is


very important to achieve this objective.

This is due to the fact that with a Price Retracement - The Risk is often
the most minimal.

And on the other hand, by taking advantage of such Price Retracement


The Rewards is often the Maximum one can realistically aim for ! !
( Especially when spotted such Price Pull-Backs / Retracements in a
TRENDING market. )

Knowing how to spot Price Retracement in the market is HOWEVER..Not


Enough to make You a profitable trader yet..

You still need to know another Important Essential Rule when You take
advantage of such Price Retracements in the market.

If You have been following my forex tips and strategies newsletter so far.

Then it is already NOT new for You to know that I place A LOT of Emphasis
on the Reward/ Risk ratio for every trade I am taking.

I do not have a fix rule for deciding Reward/Risk ratio but I would go for at
least a 1.5x Reward / 1x Risk.

In fact, I normally play within the 1.5x 2 x range for my Reward/Risk


Ratio mostly and this range has been doing ( very ) well for the trading
strategies I am using. ( Trend Riding, Breakouts, Major Reversal& such )

Heres an illustration to show what I mean by a Good Reward/Risk


ratio.

But of course, if Youre relative NEW to forex trading and not competent
enough to trade with a reward/risk ratio of 1.5x or more

Then it is definitely wiser to lower the ratio to 1.3, 1.2 or even 1x for your
trades. No point aiming for the unrealistic and doing things that would
make You feel anxiety right .

As You gets better with trading the Price Pullback / Retracement , then
increase the reward/risk ratio progressively. That should be the way to
learn and gets better at trading. * smile *

Alright. So much for my Winning Rule #3 by taking advantage of Price PullBack / Retracement in the market..

If there is one Must Know Winning Rule You should master by crook or
by hook.then this Winning Rule #3 would be the One. * smile * indeed.

Why so ?

Well.like I mentioned earlier on ..as long as You WIN More Than You
Lose by the end of the month.then Youre A WINNER !

Simple logic right !

Lets get into the next Winning Rule #4.

Winning Rule #4 :
..ONLY Enter The Trade When The PRICE ACTIONS
In The Market Confirm Your Bias !
I am purely a Price Action Strategies Forex Trader.( perhaps You are well
aware about this fact if You have been following my tips all these while )

I choose to trade solely with Price Action Strategies because they are ( no
doubt ) More Powerful , Accurate and Much More Reliable than any others.

For any traders out there whom like to based their trading decisions on the
so called textbook technical indicators .BUT if they are not using Price
Action in the market to get better entry for their trades

Then it is highly unlikely that he/she would be achieving the kind of success
they truly want out of their forex trades.

I can make it as a full time trader and make a nice ( 5 figures income ) out of
my forex trades each and every month .that is not due to Sheer LUCK or
Gambling the market.

Instead..one of the leading factor is definitely because I choose to explore


and MASTER Price Action strategies 5 years back !

As a Price Action trader, I can simply trade with just a CLEAN chart or
perhaps just a few lines indicating the major resistance/ support level or
channels.

Thats about it.

I dont need any fanciful ( BUT Always LAGGING ) technical indicators for
my trading decision making at all !

With Price Action, I am getting the Most Reliable & Closest Hint from the
market for my trading opinion.

Since it is the most accurate form of RAW data extracted directly from the
market.it is logical that the trading decision I made with these data would
be highly accurate too. * smile *

So with this Winning Rule #4it simply means whenever I try to BUY /
SELL a position, I will allow the Price Action in the market to confirm my
bias first.before committing.

The market MUST show the hint first .....only upon spotted such HINTS
that it could allow me to achieve a high winning accuracy for my bias.

Let me explain an example for You below for this Winning Rule #4 :

Presuming I intend to SHORT/ SELL the GBPUSD at a certain price level.

And since I DO NOT rely on any Lagging Technical Indicators for my


trade.how do I do it then ?

Simpleheres how :

I would spot for a series of Strong Resistance Points Where the price
tested it 2 or even 3 times and FAILED to break through to the Up-Side.

This is a good 1st hint that the BUYERS are not keen on buying higher
anymore at that price level.

That is already good enough to help me confirm my bias to SHORT/SELL.

But just like I explained in Winning Rule #3 earlier about taking advantage
of the Price Pullback/ Retracement to achieve a Good Reward/Risk
Ratio.

Of course the next thing I would have to wait for a Price Pullback to occur (
preferably at the significant 50% or 61.8% Fibonacci Level )..this is a very
natural step I would wait for.

.It is already in ME ! * smile *

And thats it.just 2 simple hints from the Price Actions of the market
to confirm my bias.

They are Proven, Reliable & Accurate once master.

Perhaps it would sound too simple to be true..perhaps You might not


believe that trading ( or winning ) at the forex trading game can be made
such simple..but it is that SIMPLE my friend.* smile *

Dont need to make it anymore complicated for Yourselfthat would only


cloud Your judgement and confuse You big time ! Arghhhhhh

Alright. That is my Winning Rule #4 Allow the Price Action in the market
to confirm Your bias first before entering into a trade.
Next , let me talk about the Winning Rule #5.

Winning Rule #5:


Add More Positions Into A Winning Trade To Multiply
Your Rewards !

There is one saying that goes like this : DO NOT add on further to any
LOSING Positions. Cut Loss Early Would be A Wiser Choice.

And I also agree that the above old saying is a wise one. Cut loss earlier to
minimize further draining of Your capital is essential.

HOWEVER. How about doing the Opposite instead ?

Like this => Add MORE Positions into a WINNING Trade ( especially
which has a high probability of TRENDING Strongly ) to Maximize Your
Rewards.

This is also one Compounding Strategy I am using to grow my trading


account at an exponential rate.

Heres how to do it :

Lets say the price has actually BREAK-OUT from a Range now

If You have been trading for awhile now, You would also agree that a
RANGE BREAKOUT is very prone very high probability for the price to
trend for a significant distance.

So in order to profit MAX out of such Range BREAK-OUT, we can add in


more positions at the Price Pull-Back. ( just like the illustrations I included
above to show You )

Provided Youre already in profits right from the start !

If You see the SELL HERE point from my illustrations above, then You
would be in PROFIT by the time the price arrived at the next Price Pullback.

So since Youre already in Profits previously, so adding more positions


would not increase Your risk further Thats provided You secure some
profits You accumulated earlier.

I would normally add at most 2 -3 positions when I using this rule.

I DO NOT like to aim for the unrealistic as that would normally BACK-FIRE
most of the time.

Adding 2 -3 times have been proven very effectively especially with a


explosive pattern such as the Range Breakout .

Do note that NOT all the patterns are good for adding more positions

Breakouts Pattern Formation such as in a TREND Continuation is one good


situation to use this add more positions technique.

One important point I have to emphasize here though..its that :

.You have to know right from the start whether do You want to use this
ADD MORE POSITIONS technique Because You would be using much
smaller lots size to allow for SMALLER RISK .

Lets say normally You would risk 4% each time..

So if You intend or prepare to add at least 2 -3 times ..then You would only
RISK 1% at the entry point this time.

Then Increase to 2% for the 2nd add-on position

And increase to 3 % for the 3rd add-on position

Eventually to 4% for the 4th add-on position

Because Youre accumulating profits right from the start, You are in fact
collecting MORE profits by doing this adding-on .

You definitely DO NOT want to use 4% for 1st position


Then 8% for 2nd
12% for 3rd.
16% for 4th..
That is too much risk to take.

It is nice to compound and maximize our rewards in a strong trending


market.

BUTwe would do it wisely and NOT TOO GREEDILY

In this way..the FEAR / ANXIETY would not be of much concern.

Agree ? * smile *

So for myself, if I see a RANGE BREAKOUT on at least the daily time


frame.I will use the 4 hourly time frames to look for Add-On
opportunities.

It is very effectively & I am doing it at least once every week, sometimes up


to 4 different currency pairs at one go if they are having such BREAKOUTS

Try it on a demo account first..( if this is something new to You.)

Only if You are confident with such Add-Ons.then consider trying out
small MICRO lots on a LIVE account .

Dont waste Your Money for Nothing.

But trust me.once Youre also confident with this Winning Rule #5..
The rewards would be increase many folds - Spending very little time
each time*smile *

Winning Rule #6:


Trade
Trade Only With
With The Money You Can Afford To Lose !
Any trading is just a game of probability after all...

And I hope You know this by now...

You can WIN......and You can LOSE too...

Moreover, it has been **Statistically Proven that at least for the first 6 - 12
months....most traders would keep on Losing !

Well. for those that choose to risk more money....of course they would lose
more ( suffer more ) during that period..

That is why it is a common practice that before we go LIVE.....at least prove to


ourselves that we can actually make " consistent " profits for at least 2 -3 months
before doing so.

Even after 2 -3 months of " consistent winnings " from a DEMO account, it DOES
NOT mean he/she is ready to trade in the LIVE forex market though.

This is because when REAL money is concerned, it has a direct & significant
IMPACT on our emotion. ( We are still Humansafter all ! )

When You know You would lose A Lot Of Money ( maybe $10k ).....The MORE
these emotions would affect You.

On the other hand, if You know that even if You lose....it is at most $500 and You
can afford to lose that amount..

It is NOT so impacting on Your emotions. ( and I mean in a negative way )

That is why whenever some fellow readers told me that .. they are ready to go
LIVE for their forex trades.

I will advise them to start SMALL .....as little as $300 - $500...


And then build up the account from there..

In this way, IF they are competent enough to build up this account size to maybe
$1k ...then subsequently to $3k...or more..

That kind of achievements would be VERY ( VERY ) Beneficial to his/her trading


confidence as time goes by...

And this is exactly how we nurtured into a more " Mature & Confident "
trader as we trade more and more...

We are human beings after all....and no human beings would like to LOSE in
anyway. ( be it their money or in any competitions )

That is why when You trade with money that You CANNOT AFFORD to LOSE...

You would be very " Emotionally Attached " to all Your trades...

And that is when You start to make " Illogical " decision which sabotage Your
trades Big time.

Maybe You're in a profits now.....but because You're trading with money You "
CANNOT Afford to lose " and it is a BIG amount...

You are feeling FEARFUL/ ANXIOUS..... that if You keep holding onto this
winning position, maybe You would lose them all by tomorrow ( if the market
reversed. )

And so, instead of riding for 100 pips which You intended to initially....

.....You choose to EXIT EARLIER and with a measly Profits of just 35 Pips.

When this happens, You are NOT achieving a good Risk/Reward ratio for
Your future trade because there is NO consistency anymore.

Because initially You're aiming for 100 Pips Take-Profits and intend to use 60
Pips Stop-Loss...

But You exit earlier because of FEAR at 35 pip instead.

So the next time You lose...You would be losing 60 Pips or more.....not getting a
good risk/reward ratio anymore.

Moreover, BECAUSE You're so " EMOTIONALLY Attached " to Your trades..

When You're LOSING....You will be very ( VERY ) Reluctant to Cut-Loss too !

That is already a proven " deadly " mistake committed by most traders.

That also explains why traders would resort to the extreme and totally
REMOVING their Stop-Loss for that losing trade...

And in the process making the losses from a 60 Pips to a 250 Pips now and going
against them further and further each day.

When this nasty scenario happens.most of the time, these struggling traders
would even choose NOT to CUT - LOSS though......

Instead....they are " HOPING " that the market would turn back again so that
they can exit with minimum or no loss at all.

Hmmm.......unfortunately, the only outcome is that .. the deficit grows bigger


and BIGGER until they hit a MARGIN CALL from the broker.

Simply put it.. HOPING for the best outcome is definitely NOT the correct
way to ace any trading game !

Very common & " brutally deadly " mistake most traders face and this is also the
main reason for their account to encounter the undesirable MARGIN CALL !

So please, only trade with money that You can afford to lose.

Start small...and slow build up from there...

Your confidence and emotion would benefit tremendously from it. * smile *

Winning Rule #7:


Forget About The So Called Magic Or HOLY-GRAIL
Systems.. Trade With The Simplest Strategy Instead !
Many Aspiring forex traders who are new to this game would normally
completely overlook the simplest of trading strategies.

Thats because they erroneously assume that to make a lot of money in the
market you must be super smart or spend few thousand dollars on some
complex trading strategies or even the so called HOLY-Grail systems.

The fact of the matter is that simple forex strategies are usually what
professional ( & winning ) traders use, and the reason for this is because
success in the markets is mainly a combination of Self-discipline and
sticking to a few proven strategies ( the simpler the better ! )

The reason why so many newbie traders focus on complicated strategies is


simply because they have not yet figured out or accepted the fact that to
succeed in the markets you need to simply master your own emotional
impulses and strictly following trading rules set out.

Yes , while still in my newbie days, I was also engulf in such a confused state
..frantically searching high and low for the magic formula or Holy-Grail
system Thats was when I learn about this truth.

In fact, most ( 99.9% ) of aspiring newbies would have to go through this


state of confusion before they finally decide to believe that there is NO
such thing as a Holy-Grail system after all. ( after much effort & money
wasted mostly )

I was definitely one of them but what sets me apart from others. is that I
am willing to forgo the idea of seeking for a magic formula or Holy-grail
system but just trade with Simple & the more Powerful Price Actions
in the market

For Example :
Learning to trade off a simple Price Action in the market based on Japanese
candlestick patterns or perhaps by simple pullbacks to support and
resistance levels are both strategies that can get You a lot of trading success
( and lots of Profits ).

Once you learn a few basic trading strategies ( either based on Price Actions
or Price Patterns Formation ), it is then time to really get down to business
and work on your trading mindset if you really want to profit massively in
the forex market.

So, with this Winning Rule #7, You simply need to accept that you DO NOT
need to learn about a thousand different indicators or spend a thousand
dollars on some fancy sounding Magic Formula / Holy-Grail or Forex
Robots at all !!

If You have the time and money to spend on all these Overly-Hyped forex
products..then I would strongly advise You why not use the time and
energy to master trading with the plain old Support/ Resistance & Fibonacci
Ratios instead .

That alone.would be far better than seeking for those useless


trading products or software anytime. * smile *

End of the day, trading Successfully shouldnt be confusing or


complicated at all

If You are using a cluster of the so called technical indicators now


combined with other complicated strategiesAND You still barely
struggling to Break-Even each month

Then why not try trading with a strategy which is much simpler instead ?
At least when there is a Set-Up.You would not get too much
CONFLICTING signals at the same time.!

Winning Rule #8:


Dont Let A Winning Trade Turns Into A LOSING One
You MUST Protect Your Earlier Profits !!

After You entered into a trade and seeing that same trade in Profits after
a while.how do You feel ?

I would say most likely feeling happy isnt it ? - Because Youre earning
money from Your trading and making Your trading account fatter.

On the other hand.

How would You feel if You see the Pips ( Profits ) You had earlier slowly
becoming 3 pips.2 pips..1 pips.and down to NEGATIVE 30 Pips now ?

Just 5 pips more and Your Stop-Loss would be HIT ( again )!

That is certainly NOT a happy moment..I am sure.

In fact, most traders would become very frustrated, angry .basically


feeling some kind of DETRIMENTAL effects from seeing a winning trade
turning into a LOSING one.

How about You ?

Ever experience that before ? If so..can You recall How You feel then ( or
just now ) ?

For myself, I really dont like that feeling of seeing a winning trade turning
into a LOSING one

The feeling is really Shitty upon seeing the Profits I had earlier being
given back to the market

Perhaps I am seeing a nice $500- $1,000 profits from the trade earlier
on.BUT NOW..it is showing a NEGATIVE $500

I am very certain that NO humans would love to see that right !

But it is part of trading the forex market ( or any market actually )..

What can be done to avoid this UNDESIRABLE scenario then ?

Simple

Just Protect those profits ( Pips ) You have won earlier..

Lets say Youre trading the AUDUSD and already 35 pips in Profits now

You set Your Take Profit as 60 Pips for this trade..

With a Stop Loss of 40 Pips Allowing You to achieve a Reward/Risk ratio


of 1.5 /1. ( quite good )

So in order to avoid seeing Your Already Winning Position & Profits


being given back to the market..You Should :
.Protect or Lock-In some of those Pips definitely ! .

Since You already have 35 pips profits, maybe lock in 10 pips ?

Or if You need more room to allow the trade to progress, just shift the StopLoss to the Break-Even point ?

At least if the market reversed abruptly.You would lose all the


Profits..BUT At Least You WONT LOSE !

Agree ?

For my own trades, I would normally place my Stop-Loss above / below a


Price Pullback / Retracement.

Lets say the my Stop-Loss is set at 60 pips..


. and I am aiming for a 90 Pips Take Profit

And if the trade progress 50% of the Take-Profits target ( 45 pips for this
case ).I will shift my Stop Loss to the Break-Even point.

I would normally prefer to allow more room for the trade to Breathe and
let it arrive at my Take- Profit target.

I am rather confident with my market analysis by now and I am sticking to


the trading rules I set out for myself too..

So each time I commit into a position, the winning probability is normally


very high .

And I only aim for very conservative Take-Profit targets.so the winning
rate is not hard to achieve.

Hence, I would prefer to allow more room for the trade to progress instead
of getting stop-out much too early because I choose to lock in 10 more pips
or so..which in the process make Lesser Room for the trade to breathe.

But of course before You are truly confident about Your analysis, it is
definitely good to lock in some pips once Your trade is in profits.

Although You will be making little each time..but at least You are NOT
LOSING with that. * smile *

Over time as You get more confident, You can learn what is a better strategy
to Protect & Lock-In Your previous profits too.

And that is the main objective of this Winning Rule #8 I follow closely on Never Let a Wining Trade Turn Into A LOSING ONE Protect &
Secure Your Earlier Pips !

Up till this point, I have already shared the 8 Winning Trading Rules
that I would NEVER Deviate from as far as my trading is concerned.

By sharing with You these Important & Proven Trading Rules that I
formulated & tweaked over my past 5 years of trading.I hope You can
succeed with Your forex trading too.

It might be a little challenging to expect You to master all 8 at one go..I


know..

Because previously for myself, I also cannot master them all at one go
toohence I choose to master One at a time

Once master, it would become so Natural in you by then Such that You
would not even need to think or recall intensively while executing these
rules.

Just like driving while learning.we might have to recall all the
procedures executed in a proper sequences..checking the blind spots and
co-ordinating the parking angle and such..

But once we passed the driving test and have been driving for awhile
..everything would become so natural that it would not take more than 1
SEC to execute the actions & checks needed..right !

AgainI have to emphasize this :


These 8 Trading Rules would NOT Guaranteed You 100% Success.

BUT one thing for sure - When You can confidently execute these 8 Trading
Rules naturally .Your trading confident & Skills would Improved
Tremendously too.
Which also means - Taking Your Trading Success to a whole new level as
well then !
( just like how they SUPERCHARGED my trading success 5 years back and
still improving progressively as I trade more and more while being guided
by these 8 IMPORTANT Trading Rules till now ! )

Perhaps Soon ..Profiting These Kind Of Earnings From Your


Forex Trades ( every single month ) Would Be A BREEZE Too :
.And I am pretty sure You CAN too.if You Really Want !

( Nailing 100 Pips trading the GBPJPY Profits of Usd$3,618.80 )

( Nailing 80 Pips trading the NZDUSD Profits of Usd$2,400.00 )

( Nailing 70 Pips trading the EURUSD Profits of Usd$2,100.00 )

( Nailing 100 Pips trading the GBPCHF Profits of Usd$3,173.00 )

( AgainNailing 120 Pips trading the GBPCHF from the


2nd BREAKOUT this time Profits of Usd$3,807.70 )

Franklywhether You just want to add another income source to Your


monthly earnings by trading forex.

OR.

You are also one serious person whom like to trade FX full time in future
too.( just like me )

Then I am very sure upon mastering the 8 Important Trading Rules


I self-formulated & constantly improving over the past 5 years which I
shared above

Your forex trading ( & learning ) journey would be a much ( much )


smoother and easier one then Effectively eliminating unnecessary
frustrations & confusions to a MINIMUM too.

I knew that would happen because it is with these 8 Important Trading


Rules that enable me to achieve my first $2,000 trading profits per
month

.which progressively grow to $4,000 trading profits per month..

And then subsequently increasing to $8,000 trading profits per


month

Eventually hitting ( & exceeding ) the $10,000 mark per month.and still
growing till now.

However.On A Personal Note :


It is no doubt that with a 5 figures income from trading the forex market,
I have gained freedom both Financially & More Free Time to do things I
like & enjoy.

However, it is NOT a form of passive income thoughbecause if I did not


trade, there would be NO Profits for me.

Hence, the best form of Passive Income is still in the Properties market I
think..

And am I investing in the Properties now too ?

Yesdefinitely. It is a perfectly form of Passive Income indeed !

And by leveraging on the Forex Market to grab those Pips ( Profits which
can be turned into hard cold CASH )..I can have the cash flow to Flip a
few properties at one go Without having to get a loan from bank.

This is really one BIG plus point I must share about being able to ace the
forex market consistently.

So for those that are on the verge of giving up this forex trading game
..give it a 2nd thought ya

Forex is indeed a very powerful financial tool when mastered..can really


help one enjoy the kind of FREEDOM that no others can give. ( at least
for those people who are not born with a silver spoon.and I am one of
them ! * smile * )

Press on..fight on..and the Success You truly want would definitely
come to You one day too !

With this , I shall pen off now.

Wow40 pages now already !

Initially I only thought of writing for 20 pages or at most 25 pages.but as


usual.once I start flowing my thoughts Especially when forex trading
is concernedit is HARD to stop sometimes ! * laughing out loud *

Thank You for reading this far .

To Your FOREX SUCCESS,


- Aaron Tan ( your trading friend )
http://www.ForexTradingEmpire.com

The End..

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