It is the start of June and it means that it is time for me to update you guys the performance of my Break The Bands Strategy for the entire month of May 2015
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.
Before I get to show you the details of each trade, I will like to share with you several emails that I had received from my students.
In fact, I am going to share with you an email from my student and another email from her husband.
Below are the details of each trade
EURUSD
- 1st May 2015 : +50 pips
- 4th May 2015 : Breakeven
- 5th May 2015 : +50 pips
Click Here to watch the live trade video of this trade
- 8th May 2015 : +50 pips
Click here to watch the live trade video of this trade
- 13th May 2015 : +50 pips
Click here to watch the live trade video of this trade
- 20th May 2015 : +50 pips
Click Here For The Live Trade Video
- 25th May 2015 : +50 pips
GBPUSD
- 1st May 2015 : -25 pips
- 4th May 2015 : +50 pips
- 5th May 2015 : +50 pips
- 7th May 2015 : -25 pips
- 12th May 2015 : -25 pips
- 13th May 2015 : +50 pips
- 20th May 2015 : -25 pips
- 22nd May 2015 : -25 pips
- 25th May 2015 : +50 pips
- 29th May 2015 02:45 : +50 pips
USDJPY
- 6th May 2015 : +50 pips
- 13th May 2015 : Breakeven
- 19th May 2015 : +50 pips
- 24th May 2015 20:00 : +50 pips
GBPJPY
- 11th May 2015 : -25 pips
- 20th May 2015 23:15 : -25 pips
In total, there are 22 break the bands strategy trades taken for the month of May 2015 so far and out of them, there are 14 winning trades, 1 breakeven trades and 7 losing trades.
Profits = 14 x 50 pips = 700 pips
Loss = 7 x 25 pips = 175 pips
Total Profits So Far For This Strategy = 700 – 175 = 525 pips
The break the bands strategy made me 525 pips profits so far (equivalent to $5,250 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.
I want to let you know how much I am grateful to you as you have totally changed my life.
I am a stay at home mom and now with what you have taught me, I am able to make extra income for my family.
I had tried various way to make extra income before but I have never really managed to make a consistent income until I met you.
Thank you for sharing your strategies with me.
I did not achieve 525 pips as I hold a day job and is only able to trade at night after work.
However I still manage to make 250 pips for last month and I am glad to have taken your course. In fact I am glad thatI took up your course at the moment where I was about to give up in trading after losing $50k in trading.
You are a great mentor.
Hi Joe
Keep up the good work and I hope to hear more good news from you.
Nice results. I’ve been trading off and on since 2009 and still no consistency!!.
Is it really possible to make a “consistent” income from trading currencies?.
I’m finding it harder to believe all the time.
Take Care,
Patrick
Hi Patrick
I can totally understand your concern as I once have the same question as you when I am new to trading. It was especially so after losing $20K of my hard earned money.
There are really a lot of lousy courses that are created by marketers in the market which is also one of the reason why most new traders never made it in trading.
So maybe you can stick around in my blog to read more and watch more videos tutorials to see if you can improve your trading.
However I just want to tell you that it is really possible to make money from trading as a lot of my students are now profitable traders.