A Different Strategy

It’s as simple as this: I don't try to make a ton of money on each trade, and I

never try to get revenge. I’m not a scalper (someone who sits and makes 20-second

trades for a few pips at a time).

Instead, I set up good trades, that have a lot of potential, and then I shoot for 10

pips. Just 10 pips. That’s it. I don’t let myself lose a lot of money. I only try to get

10 pips, and if that’s all I get, then I’m out for the day. It's easy enough to get 10 pips

that once that threshold is met, it's okay to get out. When you know that you can

turn turn $10,000 into $130,000 in one year on 10 pips a day, it's no longer important

to strike back at the market or get greedy on one day of trading.

And you can learn to turn $10,000 into $130,000 in one year on just 10 pips a day.

Why is this innovative, different, or revolutionary? Because you are going to not

only take money from novices with this strategy, you’re going to take money from

other advanced traders. Advanced traders want big money. They didn’t spend years

learning to trade so that they could make $200 a day. They want big, big returns.

They go for 40 pips at a minimum. They are conservative with their trading capital

because the market can take BIG swings against them when they’re waiting for 40

pips. Advanced traders think I’m nuts for getting out of a trade at 10 pips. What if it

goes to 40 pips? Won’t I be upset that I missed out?

Not at all. I’ll show you later how I can still make those 40 pips. But I’m never

displeased with 10. First, though, I’ll explain stops and limits.