Learning Aims

Here you can ask questions about All the Indicators that we Use.

- AIMS Box Indicator previously AIMS Levels
- AIMS Gator previousl AIMSiGator
- AIMS Entry Alert
- AIMS Wave - aka AIMS AO
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immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

a few more thoughts

Unread post by immy »

Well Said, Pete and Jerzy,
Remember
Our AIM is to stop losing first. then stay break even, then start making small and then will come to the spot of Trance-ending experience. The stage of a competent trader. That is When we only focus on "Creating Risk in order to Create Profits. and then we learn to increase our Return on Investments". Then comes the pinnacle of trading. The Master Trader where you "know without knowing how you know" You just know. Its what the athletes and players call "The Zone". so we start with the "science of entering and exiting" and then we achieve something that is beyond science. Its the Science of Chaos, the higher form of organisation. That is when we learn to be "in tune" with the market. We learn to "Want What The Market Wants"
Its not just affirmations or positive statements. It involves being connected to the source of the Matrix of the Field of the Universe! ..... I can go on! but lets keep it simple.

When markets are choppy "NOTHING" works. No indicators no lines nothing. So we learn to stay away from it. When the markets are trending "everything works". so we learn to take maximum advantage of it. Play small lots as long as trend is NOT confirmed. Which means keep an eye on trend of 5x higher time frame. Now the purple does that job, but you get a better sense of the trend if you look at the 5x higher time frame. Now I know I did suggest in the revised ebook that there would be no need to look at 5x higher time frame chart but from my observation of how many of us been trading using 1 time frame alone, it is evident that looking at the 5x higher chart simultaneously to majority of people would be more beneficial. this is because when m5 is going sideways you will know not to take setups of m1. and when m5 comes towards the edges of its range, and m1 sets up you might consider taking it. or to stay safer you would take setups only when m5 trend is confirmed. to know what is the trend just look at m5 alligator and AO. that's all.

I just wrote random thoughts and am not going to read them twice so I hope It all makes sense. (off for a walk)

cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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