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© 2013 ForexTrading-Pips.com, Inc | www.ForexTrading-Pips.com 1 “THE FOREX TRADING MANIFESTO 2.1” FOREX TRADING-PIPS.COM By ForexTrading-Pips.com ForexTrading-Pips.com © 2013 ForexTrading-Pips.com, Inc It is Recommended That You Print This Document for more enjoyable reading and learning experience. It is 14 pages in total with two graphics. Legal Notice While attempts have been made to verify information provided in this publication, neither the author nor the publisher assumes any responsibilities for errors, omissions, or contradictory information contained in this book. This Manifesto is not intended as legal, investment, or accounting advice. The purchaser or reader of this book assumes all responsibility for the use of these materials and information. Forex Trading - Pips. Assumes no responsibility or liability whatsoever on behalf of any purchaser or reader of these materials. Please see our full disclaimer at http://www.forextrading-pips.com/disclaimer/

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Page 1: The Forex Trading Manifesto · “THE FOREX TRADING MANIFESTO 2.1” FOREX TRADING-PIPS.COM . By ForexTrading-Pips.com . ... have read this report, for the opportunities in the Forex

© 2013 ForexTrading-Pips.com, Inc | www.ForexTrading-Pips.com

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“THE FOREX TRADING MANIFESTO 2.1”

FOREX TRADING-PIPS.COM

By ForexTrading-Pips.com ForexTrading-Pips.com

© 2013 ForexTrading-Pips.com, Inc

It is Recommended That You Print This Document for more enjoyable reading and learning experience. It is 14 pages in total with two

graphics.

Legal Notice

While attempts have been made to verify information provided in this publication, neither the author nor the publisher assumes any responsibilities for errors, omissions, or contradictory

information contained in this book. This Manifesto is not intended as legal, investment, or accounting advice. The purchaser or reader of this book assumes all responsibility for the use of these

materials and information. Forex Trading - Pips. Assumes no responsibility or liability whatsoever on behalf of any purchaser or reader of these materials.

Please see our full disclaimer at http://www.forextrading-pips.com/disclaimer/

Page 2: The Forex Trading Manifesto · “THE FOREX TRADING MANIFESTO 2.1” FOREX TRADING-PIPS.COM . By ForexTrading-Pips.com . ... have read this report, for the opportunities in the Forex

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THE “SECRETS’’ TO MAKING IT BIG IN FOREX You are holding in your hands the chance to learn the most closely kept secrets of some of the worlds most top performing traders. We truly love the Forex markets, and we believe you will too once you have read this report, for the opportunities in the Forex markets today are incredible and unprecedented. What we are about to share with you is something less than 5% of the world’s Forex traders know about We know some of you reading this may have already been trading Forex for years, whilst some of you may just be getting started, or perhaps have been trading Currency futures, or other financial markets. If you are just getting started, the good news is you have no bad habits to unlearn. Up until now the information contained in the Forex Trading Manifesto has only been available to a select few of the world’s most successful traders…. names like Tudor Jones, Bruce Kovner and James Simons… What we are presenting to you is an unprecedented trading advantage which is the result of 40 years research and experience involving our developers, strategists and traders. A lot of work has gone into this project and you will see as you read through this report… we have left no stone unturned! We strongly recommend that you print this Manifesto out right now, and read it immediately. Also, there’s an important chart on page 10 that we suggest you print out and hang near your workspace. There’s a very big idea here and many people have made a fortune once they grasped the concepts you are about to receive right here for free.

WHO ARE FOREXTRADING-PIPS Forex Trading-Pips is a Global Investment Advisor and Asset Management firm with a long rich history specialising in quantitative futures and foreign currency trading (FX). We strive to provide a proven solution that allows smart but struggling traders to gain a competitive advantage in their trading through the implementation of robust, statistical and mathematical methods.

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You may know about us from our research and white paper reports we have released to the public over the past 10 years. If you are already managing funds chances are you have already heard of us and the incredible results we are getting for our clients… Bottom line… we know what it takes to generate truly superior risk adjusted returns in the markets and we are here to help you achieve this in your trading in the shortest amount of time possible.

THE REASON WHY MOST FOREX TRADERS FAIL Most Forex traders are approaching their trading in totally the wrong way. They lack a clear trading plan, lack a fundamental understanding of how the markets operate, they practice unsound risk management, overtrade and fall victim to the perils of emotional trading… The reason that the majority of Forex traders lose are the precise same reasons that a select few are able to make such an incredible living from their trading. ‘The Forex Trading Manifesto’ addresses these issues, one by one… you will gain confidence about your relationship in the markets, and how to improve your performance in ways that may be hard to imagine before you read this. To start off we are going to show you how our clients recently made over 659 pips on the EUR.USD using the exact concepts that we show you here. PUTTING THE FOREX MARKETS INTO PERSPECTIVE

The Forex markets are the ‘hottest’ market to trade right now, with $4 trillion + estimated daily volume. Thanks to recent and rapid improvements in technology, FX can be traded by traders anywhere in the world: from a laptop, desktop pc, even an iPad or smart phone. There’s a huge number of traders trading from home everyday and some are making an INCREDIBLE living from their trading. With the increased number of traders, more and more brokers are getting serious about providing the best solutions: spreads have narrowed, trading technology has improved dramatically… brokers such as Markets.com, easy-forex and Plus500 now include Premium news, platforms and research completely for FREE!

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However even with all these technological improvements… many traders still lose money… Our research shows as many as 90% of FX traders lose money. That’s one huge amount of failure. Why? BARRIERS TO ACHEVING FOREX TRADING SUCCESS Successful traders: traders who profit month after month, year after year, are using proven strategies and systems which literally ‘devour’ accounts of other traders in the markets. There are huge technological barriers to entry and we are not talking about trading technology: we refer to cutting edge research and systems development. James Simons is one of the best known quantitative traders in the markets today. Every year his Medallion Fund produces enormous profits for employees. You may wonder why we say ‘employees’ not clients, the reason… their fund made so much money they couldn’t handle all of it, so they returned it and now trade their own funds. Over the past 13 years we have seen many traders get blown out: lose everything… their homes and for some the story is much worse. The markets are capable of inflicting so much psychological pain on unprepared traders: this is an incredibly sad situation that nobody should ever put themselves in.

FINDING A SOLUTION… Once you understand how the Forex markets function, it is time to focus on building a real plan. The biggest obstacles:

Unscrupulous vendors selling ‘magic’ that will never work Emotional and greedy trading Lack of a proven strategy

Just Google the word ‘Forex’ and you will find 73 million + pages devoted to this term alone… in our Estimation over 90% of this information is worthless at best and downright misleading and financially destructive at worst.

Greed kills traders: Warren Buffet says it best: learn to be greedy when others are fearful, fearful when others are greedy.

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Amateur traders focus on making money, professional traders focus on following a proven plan: first and foremost by protecting the money they have: ‘capital preservation’…. and only then gunning for ‘capital appreciation’. Professional traders think completely differently to 95% of the other traders out there…. They are able to play to their strengths and exploit their components weakness at precisely the right time. The biggest opportunity for you right now is in following a proven strategy… not chasing after the latest hot fad in the market, but trading with a proven system that works.

Scam Warning! The majority of Forex system and strategy vendors are boiler room operations providing nothing more than self serving opportunity seeking scams. They make false promises seducing traders into buying their ‘magic’, yet in reality their advice if followed will lose all your money. It seems reasonable to assume that with so many hustlers trying to sell their scams to the public that there’s no real hope for a Forex trader getting started in this business… however this would also be incorrect: some of the best risk/reward opportunities on the planet right now are available in the Forex markets, for those who understand how…

FRUSTRATION, ENDLESS HOURS OF SCREEN WATCHING AND VERY POOR RESULTS

Poor planning will leave you frustrated and financially suffering. Even those who do try to trade with a plan are often left with doubts the plan is complete. The issue is that to develop a proven plan there’s literally hundreds upon hundreds of tasks and decisions to be made, including…

Market selection: which markets to trade Price history: Validating data integrity, implementation of

historic interest rates, cost of carry. Compiling historic data into format compatible with back-

testing platform Arriving at a ‘valid premise’ to test.

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Back testing of data Optimization of System Parameters. Walk forward testing: do real time results hold up? Stress testing data: What effect do exogenous shocks have on

performance… market intervention, HFT, structural changes. Stress testing equity correlations and underwater correlations. Research and optimization of risk management Profit targets / no profit targets? Stops / no stops… if stops how to avoid stop running algos? Optimization of Time Frame Optimization of Portfolio Adaptation to changes in Optimization.

… and that’s just the surface… As you can see, and some of you well know, the number of necessary activities that you must undertake to achieve your trading goals is quite simply staggering, and it doesn’t end there… The result for most traders who try this is Frustration, endless hours of work, and marginal performance. Even if you chose to outsource all these functions to a programmer and system developer, the work will take many years to complete and entail huge costs in time, money and missed opportunities. This is the model that many ‘aspiring to be professional’ traders take: endless research, endless screen watching, and after all that lacking a real proven edge that can produce meaningful results.

More Stress is not the solution to greater trading Performance. If you want different results, you need to try a different approach. If you don’t have a strategy and keep failing in the markets, trying harder is not going to help.

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Many traders flock to chat boards… connecting with other traders in their attempt to find a workable tactic or strategy. These board members are trying the same things that don’t work, and never will… there is a perceived safety in numbers… having the same losing ideas validated by others… this is not a winning trader’s strategy: this is the way sheep are led to the slaughter house. So the big question is: what strategy are you applying? Are you one of the many traders getting advice from forums, CNBC, or Bloomberg, or what the latest guru says? If you are… WARNING! This is wasted time and will not make you rich! The recent changes in the markets have left many unsure which strategies to trade and insecure which news to follow. It is normal to start questioning yourself when things go wrong, afraid of disappointment: embarrassed by trading losses and the impact this has on your business, friends and family. It’s not you… it’s your approach, and don’t get us wrong… this problem effects just about everyone, it’s just that not many people talk about the problem this frankly. We have spent over 40 years figuring out answers to these problems. Most people fail to understand the psychology, the huge amount of dissonance that traders succumb to in their trading. It is normal to feel frustrated, stressed and overwhelmed. WHY SUCCESSFUL TRADERS LISTEN CAREFULLY TO

WHAT WE TEACH Streamline, strategise and systemize your trading. In just 7 months we took a losing trader, someone who had lost 40% of his equity in just one month, up 1600 pips! His trading is now back on track and closing in on new equity highs. The huge increase in income for this trader is only one part of the story, his account volatility has been radically reduced, the stress from discretionary trading was eliminated and the time he spent monitoring the markets was cut significantly. Even though the results of our program are staggering, and clients have been achieving amazing levels of success, we started limiting the number of clients that we take on 12 months ago due to significant capacity issues on our Program. (But we are getting ahead of ourselves) We still want to share with you the purpose of this Manifesto, Your Forex Trading.

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THE DIFFERENCE BETWEEN SUCCESSFUL AND UNSUCCESSFUL TRADING

Productive use of time is imperative if you want to be successful at anything: reading more books, performing more research on the latest indicator, learning code, attending seminars, collecting data, back testing data: this is not productive use of your time. Time is the one resource in your life that you have ‘finite’ supply of. Time not spent trading and improving your financial position is time and money that you are losing. Productive time is spent: sizing orders, executing orders, and managing risk. This is productive use of time, this is time spent that gives you RESULTS. Research in and of itself will never make you rich… just pay a visit to your local university or library if you doubt this. How can you boost your productive use of time? You need to implement a scalable trading solution which is fully systematic, leaves no room for doubt or error, that provides you the Professional Trader with the maximum amount of leverage over your financial success.

THE EASIEST MOST CERTAIN WAY TO IMPROVE YOUR PERFORMANCE

We have spent considerable time focused on structuring the strategies and system layout in our Forex Signals Program to achieve truly extraordinary results. Unfortunately we don’t have the space and time to go fully into each component here, but we can get you started. The first points are these:

1. Clear and Precise Trade Entry 2. Clear and Precise Trade Exit 3. Clear and Precise Money Management.

Those are the three keys to your trading success: When to enter, when to exit and how to control risk.

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Once you have a statistically proven mathematical system, your trading becomes simple, and successful trading can be reduced to the following components:

You’re an untrained system developer developing systems!

Implementing a Proven Strategy into your Trading Program is an important skill for the trader, yet most traders are not skilled in this. Think how crazy this sounds! If you’re still spending time developing systems, then you have many more frustrated hours and disappointments ahead of you. It’s impossible to achieve trading consistency with flawed processes. Breakdowns in traders and trading losses are the result of faulty processes.

TRADING LESS MAKING MORE We are frequently asked how can we create such incredible risk adjusted returns in the financial markets… and our answer is by taking advantage of unprepared and highly vulnerable groups of traders in the markets. You see most traders are trading for a predetermined number of pips day in day out… They treat trading like a day job… ‘I only need to make 20 pips every day just to make a living from this.’ This way of thinking lines the pockets of traders following proven trading plans.

AN EXAMPLE OF SUPERIOR TIMING FOR OUTSTANDING TRADING PROFITS

Whilst most traders are trading for ‘daily return’, we are looking at the big picture. Scalping for 5 pips on a 1 pip spread is the fastest way to the poor house. Our Signals clients recently paid under a pip for 659 pips profit on one of our euro positions.

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Remember this if you want to be rich: The big money is made in the BIG move. You will never ever get rich pinching for pennies when you could be trading for millions. Trade entry and exit transmitted live to our Forex Signals subscribers in real time is marked on the chart below. Bottom line: we lined our clients pockets while others who believed ‘this thing just can’t go any lower’ were sent straight to the poor house. The BIG MONEY is in the BIG MOVE: Euro Shorts recently Earned our clients +659 Pips in Profit

A RECAP ON WHAT IT TAKES TO BE A SUCCESSFUL FOREX TRADER

What we’ve attempted to do in this Manuscript is to get you thinking differently about your trading. Here’s a recap;

1. In order to be successful at trading you must have a strategy which gives you an edge over other traders in the markets.

2. There is still time to gain an edge over other traders, but the opportunity won’t last for ever.

3. Stop buying tactics from unscrupulous vendors, only buy into proven systematic concepts that work.

4. Remember, to build a successful trading business you need to be better than 95% of all other traders, or you will fail.

5. Implement robust risk management so that you can control risk and risk doesn’t control you.

6. Reduce your trading down to the three core components

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which make incredible performance possible: Clear and precise Trade Entry, Clear and Precise Trade Exit, Meticulous Sizing of Positions.

SKYROCKET THE RESULTS OF YOUR TRADING

Our Forex Signals Program is certainly not for everyone. If you serious about making big money in your Forex trading, building a real trading business that will grow and serve you in the future, though.. this program is for you. Below is our most recent Program Performance Update.

Due to constraints mentioned above there is a very real limit on the number of people we accept in our trading program at any one time. As mentioned earlier, we are cutting back on our consulting work due to over capacity constraints on our time and resources.

A RISK FREE WAY TO DISCOVER OUR PROVEN TRADING STRATEGIES

For a limited time there is one more option for you to get a peek at the same trading systems and strategies utilized by the worlds top performing traders, the same strategies utilized by billionaire traders, the best… strategies that you can put to use in your situation immediately.. and will bring improvements in as little as one week.

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Risk Free Access to Accelerated Trading Performance

In our Forex Signals Program introductory offer we will share with you some of the same strategies used by the worlds greatest traders. We promise you they are not strategies that you have used before, but they have one thing in common, they are so powerful they will give you an edge that 95% of other traders would lie awake worrying about at night if they only knew about them. When you visit this web page, you’ll see we’ve made it easy for you to discover these secrets that you can use in your trading, starting immediately, to increase your performance, boost your trading confidence and battle in this, any or other down economy. There are some traders out there who prefer that we don’t reveal these trading secrets to others, we have even had some traders attempt to block us from providing our program to others. We don’t want this to happen because it will mean many struggling traders will continue in their losing ways simply because they are not aware of an alternative. If you have benefited from reading this report, you can help us in the following 2 ways:

1. Visit us on FaceBook and like our FanPage and tell all your friends about it

2. Follow us on Twitter

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Client Feedback

Fund Management Success!

“We are an asset manager who specializes in fundamental long term investing. Because of the volatility and structural change in the market towards high frequency trading we decided to allocate funds to trading more short term moves using algorithmic trading strategies. Rather than build a proprietary system in house which would have taken 3-4 years to complete we chose to outsource the development of this project to ForexTrading-Pips. We commenced trading in August 2011 and have outperformed our long term holdings by a wide margin.”

J. Lewis Fund Manager

Individual trader makes +1600 pips profit in 7 months!

“I began trading without a plan and like a typical beginner lost 40% of my equity in a month. I was shell shocked though determined not to quit. I signed up to Forex Pips signals for the last seven months and I am happy to say I have made more than 1600 pips of profit since I started!”

S. Roberts Individual Trader

+850 Pips profit on one trade!

“I decided to take advantage of the risk free trial and monitor the signals before committing any money. I was impressed to find that the majority of signals generated profitable trades in real time and I recently closed a live trade on the euro with gains of 850 pips!”

M. Connors Individual Trader

Solid Scientific Research, Results are Impressive!

“Forex Trading Pips systems are based on solid scientific research and the results are impressive. You can’t afford not to follow these signals”

G. Wu Private Equity

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FOREX TRADING & COMMODITY TRADING involves high risks and you can lose a substantial amount of money. Commodity trading is not suitable for many investors. Any performance results listed in all marketing materials represents simulated computer results over past historical data, and not the results of an actual account. All opinions expressed are only opinions of the author. The information contained here was gathered from sources deemed reliable, however, no claim is made as to its accuracy or content. Different testing platforms can produce slightly different results. Our systems are only recommended for well capitalized and experienced futures traders.

___________________________________________________________ CFTC REQUIRED RISK DISCLOSURE HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOMEOF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.