It is time for me to update you guys the performance of my Break The Bands Strategy which is a module within my Forex Course.
The main purpose of this report is to show you guys that it is really possible to make a decent income from trading if you have a good strategy on hand.
In addition, this is to let students of my Forex Course see if they had taken the exact trade as me so that they know whether they have missed out any trades or not PLUS they can check if I am lying in the performance report or not.
If you have taken a look at the Forex course, you should know that I have given a 130% refund policy for anyone who pinpoint a fake winning trade on my performance report. This is to show you how confident I am about my strategy as well as how real this report is.
There are a lot of lousy forex courses in the market that are created by marketers and not real traders and I used to be a victim of such courses when I am new to trading a few years back.
In order to take the risk off all students, I have added this 130% refund policy into the course. However please take sometime to go through this report.
Information about Break The Bands Strategy
The Break The Bands strategy is formulated by me for my own trading and you will not be able to learn it elsewhere. Do note that personally I used this strategy only on the 15 minutes chart but feedback from students tell me that it works pretty well on other time frames as well.
Do note that this strategy does not have 100% winning percentage. In fact, all my strategies do not have 100% winning percentage as there are no such strategy on earth. If you want to become a profitable trader like me, you will first have to realize the fact that there is no way you can win 100% of the time.
What we traders look for is a strategy with at least 70% winning percentage and risk reward ratio of 1:2. With such a specification, you will find that you will be profitable every single month in trading like me.
Some readers thought that break the bands strategy is just as simple as waiting for the price to break the bands and they are absolutely wrong. There is a process where you need to use to verify if the trade is valid or not. This is to prevent you from getting into more losing trades and this is a techniques that I have derived over the years to allow me a lot more winning trades than losing trades in this strategy.
Below are the details of each trade
- 3rd June 2015 : -25 pips
- 4th June 2015 : +50 pips
- 2nd June 2015 : -25 pips
- 4th June 2015 : +50 pips
- 5th June 2015 : +50 pips
3rd June 2015 : Breakeven
As a whole, there are not much trading opportunity so far for this month. I have taken 6 trades with this strategy and out of them, there are 3 winning trades, 1 breakeven trade and 2 losing trades.
Below is the profit and loss so far this month for the break the bands strategy
Profits = 3 x 50 pips = 150 pips
Loss = 1 x 25 pips = 25 pips
Total profits for this strategy = 150 – 25 pips = 125 pips
The break the bands strategy made me 125 pips profits so far (equivalent to $1,250 based on trading 1 standard lot).
For those of you who are my students, I hope that you have made the same amount of profits as me.
For those of you who are still struggling in your trading, you can take a look at my Forex Course where you will learn the exact strategies that I am using to trade everyday.
To take the risk off all my students, I am offering a 130% refund policy for the course. If you find a single fake winning trade that I have posted, I will refund you 130% of the course fee.