It is the beginning of July and it is time for me to consolidate the overall performance for the Break The Bands Strategy for the month of June 2015.
I have been receiving emails from students telling me how happy they are after taking the course and most importantly making money from trading forex. The whole purpose of creating this blog and my trademark course (Forex Course) is to help new traders make money from trading forex and stop believing in those so called forex robot in the market that were created by marketers who are out to profit from us real traders.
Below is an email from one of my students
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
- 16th June 2015 : -25 pips
- 19th June 2015 : +50 pips
- 2nd June 2015 : -25 pips
- 4th June 2015 : +50 pips
- 17th June 2015 04:15 : +50 pips
- 19th June 2015 01:15 : Breakeven
- 22nd June 2015 21:00 : +50 pips
- 24th June 2015 21:30 : -25 pips
- 26th June 2015 04:30 : -25 pips
- 5th June 2015 : +50 pips
- 19th June 2015 00:15 : -25 pips
- 24th June 2015 22:30 : +50 pips
- 3rd June 2015 : Breakeven
- 17th June 2015 00:45 : +50 pips
- 24th June 2015 20:30 : +50 pips
For the first half of the month of June, there are not many trades. But when it comes to the second half of June, there are more trades available.
In total, I have taken 17 trades with this strategy and out of them, there are 9 winning trades, 2 breakeven trade and 6 losing trades.
The market last month is more uncertain and therefore decrease the winning percentage of this strategy. Even so, I still manage to grab 300 pips profits from the market due to the good risk reward ratio of this strategy which is how I manage to make profits in trading every single month without fail since 2009.
Below is the profit and loss so far this month for the break the bands strategy
Profits = 9 x 50 pips = 450 pips
Loss = 6 x 25 pips = 150 pips
Total profits for this strategy = 450 – 150 pips = 300 pips
The break the bands strategy made me 300 pips profits so far (equivalent to $3,000 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.