Introduction

The Ultimate Forex Trading Course for Beginners Introduction

You have at your hands an opportunity to learn a simple yet powerful trading strategy.

An Objective Entry System

AIMS gives you a crystal-clear entry mechanism with a simple and easily understandable entry setup. AIMS Stress-Free Trading takes the anxiety out of trading by applying three simple rules to create two clear entry setups. We know our entry-level within a second.

A Clear Exit Mechanism

AIMS Stress-Free Trading exit setup offers two options for exiting with profit. One exit technique is for normal moving markets; the other is for fast-moving markets.

Effective Risk Management Techniques

The success of the AIMS strategy is based on its sound money management techniques. Our money management and risk control help us increase our return on investment. AIMS money management and risk control take into account the market conditions. The AIMS strategy allows you to increase profitability when you have winning trades and give little away when you have a negative trade. AIMS techniques allow you to control your risk to a bare minimum and provide a potentially higher risk-reward ratio.

What will you learn?

In this section of the course, you will learn How to Day or Swing Trade Forex and apply the strategy we call The Setup. The Setup forex trading strategy has been tried and tested by thousands around the world with great success in all kinds of markets, including stocks, futures, commodities and currency markets. The Markets keep changing constantly but the underlying structure of the market remains almost the same. This forex trading strategy is based on the structure of the market. More on this in the 10 Seconds Elliott Wave Book/Course. In this course, you will learn how to apply the concepts of Trading Chaos to Forex on shorter time frames such as the one minute chart, and the 5 or 10 minutes chart. Many people immediately have their “aha” moments. They grasp the idea relatively quickly, yet others take longer, but eventually, they all get it. One thing that everyone agrees on, whether it’s trading the financial markets or any other business: trading success requires consistency.

Patience + Discipline = Consistency The Equation of Consistency

This is the Equation of Consistency. To become a consistently successful forex trader we need to learn to be patient and exercise discipline. Easier said than done, indeed.

“I have found that we humans have two innate tendencies: 1 – We tend to overcomplicate everything we touch and, because of that, 2 – We cannot see the obvious”. Bill Williams

Believe in Your System

The only way to be consistently successful in trading is to establish a firm belief in your trading system. A strong belief system paves the path towards the state of “knowing”. A firm belief will help you trade with confidence. You will know exactly what is going on and you won’t blame the gods for it. But how can you develop a “belief” in your system?. This is not a religion, this is not a leap of faith. The way to build your belief is to do proper backtesting and application of the trading strategy over a longer period of time. that’s it. If you know that your trading system has a proven edge, then you can rest assured and simply trade. A firm belief in the system can be created by trading your system religiously, repeating the same process over and over, day in and day out. We have devised a very effective plan to achieve this. We call this process the T20 Principle or T20 Challenge.

The Setup Strategy eBook

This strategy was first shared in the format of an eBook. If you like you may follow the link below to download the Setup eBook but it’s not necessary because the content of the book has been fully updated and converted into this course.

Trading is an ever-evolving process and as such static books get outdated relatively quickly. This course will remain fresh and will be regularly updated.

History of the Book

Today, we are into the 11th edition of the Setup Strategy. However, the first book that everyone liked was the 2nd Edition. You can download it below if you have not already. People really liked the trading plan and they always asked to share the trading plan, trading rules and the indicators. We then compiled it into a book and here we are. Note 1: The Book talks about only red/blue dots. The green and pink dots were introduced later. The 3 Rules Flowchart Video Series will clarify all of this. Note 2: The book focuses on EUR/USD M1/M5 but this can be replaced by any other pair that moves, on average, 80 pips or more and the spread is less than 2. (ADR 10=80+) Note 3: The book is a bit obsolete now, you can read it for reference but all the material has been converted into this trading course. So, if you’re not a big fan of reading eBooks, then you can ignore the book and focus on completing this course instead. By completing this course you will have automatically covered all the content of the book and more.