Friday, December 6, 2019

100 Pip Loss-- NOT TP4 or TP4+

Today is for my traders... 100 Pip Loss--
Sooooooooo, I took a 100 pip loss this week. I have mentioned several times that a trader must commit to a trading plan.  Your trading plan is simply your goals and the rules by which they have committed themselves. 

My Goal has been plainly stated right here on this blog.  I am taking a lonely $20 bill and adding 6 zeros to be his friend. ;)   My plan has been updated, so I will share what my commitment to myself is at this current time.


1.  My mentor is the one and only; David Hoyte.  I use his Impulse Scalper Strategy.  To this, I add only things that compliment it. Precisely, my strategy; Gasolina, and Lyndon McIntosh's Squeeze

2.  TP4 and TP4+ were based off-- you guessed it!-- David Hoyte.  
3.  You are going to see a pattern here.  Paul Okelo and David Hoyte added the Nimbus Breakout.
4.  My minimum leverage is 400 pips, and I prefer 800 pips.  
5.  Depending on the leverage of any trade; I take only 1-2 trades at a time.
6.  I respect using a Stop Loss.  I do not always use it.  If I do add a Stop Loss to any trade, it is a "set in stone" commitment that can not be changed.  

Let's get to this loss on GBPAUD.  You could hear me screaming... NOOOOOO, not multiple trades in this account.... not this account.... the $20 account can not handle it. Ever box yourself?  I beat me up in ways I have not been beat before.


I will establish some truths upfront.  This trade broke my rules.  Rules are plural. Sweet, short, simple, and it cost me 100 pips.  Every loss I can recount has been for breaking one of the above rules. Now I am not making excuses, and I can not disclose ALL the dirty deets, but it was not INTENTIONAL.  


If you have not taken time to write out a trading plan for yourself; I recommend you do so before you take one more trade.  Tell yourself that if you deviate from it; you put your future in jeopardy.  One thing that many of you all express is how much trading is really like life.  I could not agree more.  Here are a few things I am working on to be true to myself. 


1.  Take responsibility/own it.

2.  Where the heart is, the mind will follow.  Our thoughts are full of useless negative self-talk.  When we allow our heart to decide, we prioritize what is essential.  It is one step on your way to mindfulness. 
3.  Cut off all toxic or unsupportive people. 
4.  Stop avoiding yourself.  Part of this journey is getting to know you.  This should include your why.  Why am I doing this?  Why did I go outside my own parameters?  Why can I help everyone else and not help myself? 
5.  Accept yourself 100% for who you are now.  
6.  It is empowering when you learn when it is time to say "NO" and stick to it. 
7.  Pay attention to your own feelings as much as you do others. 
8.  Forgive yourself. 
9.  Give yourself an honest assessment.  What are you in control of?  Where do you need help?
10.  DARE to dream.  

READY... here is the trading week. Leave a comment below to tell me how you think I did? With that massive loss and all! ~HIZRIB












Friday, November 29, 2019

Gratitude-Happy Thanksgiving.

Good morning all, I am up working on TP4 and TP4+ and just wanted to say I am SO THANKFUL FOR YOU ALL. 

Posting will resume next Friday.  Happy Thanksgiving!
Enjoy your family. I know I am--especially my non-sleeping Grandson!
~~HIZRIB


Trading wise, I was under the impression the week was slow.  Not really.  TP4 had 13 trades this week that took profit.  I have a few orders open.  The ONLY trade that TP4 is (USDCAD). Luckily, I have the duplicate trades from last week fixed.  






Friday, November 22, 2019

Testimonial Time-TP4/TP4+ Changing Lives and How We View Trading in Forex.


Testimonial Time-TP4/TP4+ Changing Lives


This post runs a bit longer than usual.  So if you are here for results, skip to the bottom of the page!

It's no secret that I am partial to the individuals who have stepped up and are taking part in their own rescue.  (WHEW that can preach ALL DAY)  I absolutely adore you and will do anything I can to help you succeed.  This week I am sharing testimonials that have come in from those of you who I have worked personally with.  

I recently read an article where a licensed broker said that you should beware of anyone saying they are profitable in trading Forex.  His reasoning is that money is a very personal matter for most.  He claimed that a genuinely profitable trader will not share actuals with you.   My take on this is kinda~sorta.

People do go hush-hush when it comes to the actual money they are making.  They really grow quiet when they are losing.  For that reason, when I have not heard from someone I work with, I reach out.  I refuse to leave anyone who is making progress behind.  We talk candidly and adjust our goals as necessary.  This community of sharing, caring, and insights are invaluable. 

It’s also why the stories I am sharing are so beneficial. These stories were either:

  • shared publicly,
  • with permission,
  • anonymously.

After all, money is one of the significant causes of strife in the home and a leading cause of divorce.  So respect and privacy are mandated. You also can be assured that if you share your story with me, your privacy will be protected. 

Thank you to all who have reached out and let us know we are making a difference!

So glad to know we are helping people!



Seeing people making actual withdrawals from Forex and improving their quality of life.
A student from the Double My Account Challenge.  I really love to see others duplicating the process!
Most just show a screenshot of their profits.  I refrain from showing these because I do not want anyone to be misled.  There is a lot that goes into being able to trade like this successfully.  But this one.  This one right here…. If you knew how proud I was to help them! Trading just 1 penny and 3 pennies… making over 4 figures.  In only 2 trades, 37% account growth.  It reminds me of my younger years.  “If it doesn’t make DOLLARS… then it doesn’t make cents!!” 
Proof that it does not matter who's strategy you use.  This student participated in my Double My Account Challenge and used an OUTSIDE STRATEGY.  Quality leadership can handle any vehicle and produce success with it.

Just flat out exhilarating!


I always appreciate public reviews!  Thanks, ladies. 
This one brought tears to our eyes.  This individual is taking his earnings from Forex and sponsoring youth.  I am so happy and stirred to know that we are helping many generations to come all over the world!  
Thank you for letting us know we are walking in our purpose!

This little sugar here is very special to me.  Her personal success warms my soul. Especially that she can trade on her own.  #ReallyWinning


We are not afraid to spend time with those who need it.  Sometimes, that is precisely what makes a difference. 


#PowerCouple  So you'll know I am crazy about the Mister.  When I saw this, I was like-- That is precisely what I am talking about.  There is nothing like creating lifetime memories with those that mean the most to us!

Teaching traders to trust themselves.  When they display confidence in what they see!

Most of us with an investment are whooping and hollering at a 10% increase on an annual basis.  Here a student enjoys that success in just one day.


XAU/USD trades are from my mentor's strategy; the Nimbus Breakout!

TP4/TP4+
had an ah-mazing trading week, and I have started to close the gap on the dates this account has fallen behind.  One thing I really want you all to never forget is life is happening for everyone.  In the goal to see this account reach 7 figures, there is extra time built-in.  The timeline is 3 years.  When you open the daily target goal sheet, you will clearly see that if there are no hiccups, it can be achieved in 25 months or less.

Understand that while your goals must be your life, they cannot be so stringent, you can no longer see yourself succeeding.  Don't allow so much cushion that you do not have to be active in your pursuitDo allow just enough room that you do not view yourself as unsuccessful or the goal unattainable.  Do allow for life.

This is Forex.  I pray every day that I will not be arrogant enough to approach with a “you’re going to do what I want you to,” attitude.  Instead, I approach it with a ready to react viewpoint.  Stick to my trading rules/plan and don’t deviate. 

Success is NOT created in this market.  It is repeated over and over again.

Be sure to come next week!  I will share an interview with one of my colleagues.  He's pretty darn ah-mazing!    ~~HizRib
((Mentor-Ship Application here.))
*The information here is for educational purposes only. Risk Disclaimer for Forex Trading
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors.  Past performance is not indicative of future results.  The high degree of leverage can work against you as well as for you.  Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.  The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money you cannot afford to lose.  You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts

Thursday, November 14, 2019

There Goes the Neighborhood-Meet the Creators of TP4

Point to Ponder.  The leader of any company will never pay his workers enough to move into his neighborhood.  In fact, if you move in your supervisor's community, see if they don't develop a "There Goes the Neighborhood" attitude.....Jobs pay us just enough to keep coming back. Benefits are icing on the cake.  I personally am glad that I am open to additional income streams to build wealth.  Sure I work. Nineteen years with the same company to be exact. Yet, just one paycheck will never be enough to move me where my dreams are going.

This week I would like to introduce you all to my business partners.  I have mentioned them several times as the co-creators of the TP4 and TP4+ strategies.  TP4 is currently in testing mode, working on exciting things to come.  It's only fair we talk about the brains and brawn behind the entire operation.  They are both pretty ahhhhh-mazing, and I am so ecstatic to work with them.  

Introducing 
Shanika Barnes
Trading Style:  Scalper
Trading Strategies:  Impulse, Gasolina, and TP4
Goal:  To help people learn/understand how to trade successfully in the Forex market.

Introducing 
Andre Pilate-English
Trading Style:  Scalper
Trading Strategies:  Impulse, Gasolina, and TP4
Goal:  To empower communities worldwide, one family at a time. 



This weeks' trading finds us moving forward.  -- It is true I see a slowdown in the average volatility of the market.  Despite that, TP4 trades do still present themselves.  As of the time of this writing, I have one trade open.  That makes TP4 87-1 open.  Still no losses.  I did grab a couple of my mentors trades; The Nimbus Breakout.  It is definitely lovely having options when it comes to trading.  (mrgjpipwalking.com) 

With that trade subtracted, I am sitting at 229.7% growth.  We are just going to have to call this account, "The Little Engine That Could." (Goal Sheet) Account wise, the balance has me on October 24th.  Still slightly behind schedule, but pressing forward. 


*The information here is for educational purposes only. Risk Disclaimer for Forex Trading

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors.  Past performance is not indicative of future results.  The high degree of leverage can work against you as well as for you.  Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.  The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money you cannot afford to lose.  You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. 




Friday, November 8, 2019

$20 to 7 Figures in 26 Months--Why I Started just $20

Before we get started if you are here for this week's training video, you will find it here!  TP4+ was developed as a strategy within a strategy.  If you are new, my business partners Andre Pilate-English and Shanika Barnes are the authors of this strategy, and you can learn in its entirety right here on my blog! (Step 1 Stronger Buys and Stronger Sells  Step 2 Trade TP4 Step 3 is this week's video TP4+)

Why Start With $20?

This is the number one question I am asked. The answer is simple.  Everyone has to start somewhere, and when you really want to help someone, you have to meet a person where they are at.  NOW if you had the opportunity to invest $5.00 with Bill Gates when he started Microsoft in his garage, we all think we would not have missed that opportunity!  I make no apologies for my assertiveness; that is precisely the kind of investment I am offering you. A journey we can take together to go from $20 to 7 figures in less than 26 months.

The best part?  I am not doing this for you.  YOU are learning to create your own wealth.  What you learn, you can repeat over and over again.  The most rewarding part is those who have decided to join me!  You guys are the wind beneath my wings! 

Let me show why I started with $20 and exactly where I am going with it.   The backstory here is that I am aiming for a 2% daily growth.  

First Year $20 to $3,447 (2 Figures to 4 Figures)
Summary:
I started with an investment of $20 on 08/20/2019.
My principal will grow to $3447.09 by 08/17/2020.
My total NET profit for the 260 business days is $3427.09.

Second Year $3,447 to $590,143 (4 Figures to 6 Figures)
Summary:
I will re-invest $3447 on 8/18/2020.
My principal will grow to $593,590.90 by 8/14/2021.
My total NET profit for the 260 business days is $590,143.90.

NOW I followed this out for the full 3rd year--BUT I am sure I will stop blogging the account at Seven Figures. Because by then, we all should have a thorough understanding of exactly how I got there and how I can do it again and again.  The best part of all?  Is you all who decided to join me!-- You are really the wind beneath my wings!
Third Year $590,143 to $ it’s ridiculous (6 Figures and beyond)
Summary:
I will re-invest of $593,590 on 08/16/2021.
My principal will grow to $102,218,911.43 by 08/12/2021.
My total NET profit for the 260 business days is $101,625,321.43.

This is not a misprint!  Be sure to open the document yourself and see what compound interest goals look like. (DropBox Document) 
Trading during this time of year last year began to slow, and I am noticing a repeat of the same.  Several things keep me smiling.  First, my mentors David Hoyte and Paul Okelo (www.mrgjpipwalking.com) announced The Nimbus Breakout, and it has a lot to offer even during quiet times.  Second, our own homegrown strategy TP4 continues to be reliable.  As of this week, we are 81-0. This week had 15-0.  **Third, any progress, any profit in Forex is something to be celebrated.**


*The information here is for educational purposes only. Risk Disclaimer for Forex Trading
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors.  Past performance is not indicative of future results.  The high degree of leverage can work against you as well as for you.  Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.  The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money you cannot afford to lose.  You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. 





Friday, November 1, 2019

TP4 to Trade or Not to Trade.... That is the ONLY Question



Keeping it short this week as promised.  This post will focus on the 1st part of the strategy created by myself and my business partners, Shanika Barnes and Andre Pilate-English.  (TP4 Training Link on YouTube)  Just like we are compounding our money in our trading accounts... so must we compound our trading knowledge.  This training assumes you know how to find your stronger buys and sells covered in last week's post. (Found HERE.)  Be sure to come back next week and hear about TP4+.  It is basically a trading strategy within a trading strategy.  Double your opportunity. 

Here is a BONUS I found in a market analysis article I was reading today.  Click here for the full article.  Please focus your attention on the first two sentences of the picture.  I am going to quote Kenny Polcari, "internalization engines, all owned by the big banks, which bastardizes the system BUT makes them plenty of money."  Still, we think our bank financial gurus are not using our $15 checking balance and $10 saving account balance to make considerable moves before we even wake up?                SMH.

This week's trading is suffering from being focused elsewhere.  Life happens for everyone.  Even so, a decent week is still obtained. By my goal chart, the account balance is on October 21st.  I have decided we will finish this chart before moving forward.  I really want to demonstrate what I know.  You will fall behind from time to time.  Trailing eight trading days from my goal is not anything to be concerned about. It will average itself out.  

Besides, what I have been working on will make my trading even more consistent!
TP4 went 19 for 19 this week!-- not bad for slow or a declining market, which lasted most of the week. 

*The information here is for educational purposes only. Risk Disclaimer for Forex Trading
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors.  Past performance is not indicative of future results.  The high degree of leverage can work against you as well as for you.  Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.  The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money you cannot afford to lose.  You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.  

Friday, October 25, 2019

The Faculty of Four (TP4 and TP4+)



Join us locally for free training!


There is POWER in just 4 pips.  This week I am continuing to focus on TP4 and TP4+ over the next few weeks. This strategy was developed by myself along with my business partners; Shanika Barnes and Andre Pilate-English.  It is a straightforward strategy that takes just 4 pips at a time.  A "bandit" in the market if you will. 

Finding a Stronger Buy or Stronger Sell and using that as a qualification when trading the TP4 cross keeps us in the current trend and increases the probability of that trade being a profitable one.  Everyone likes better odds, right? 

To determine if a pair is in a Stronger Buy or Stronger Sell, we will examine that pair on the 15 min, 1 hour, 4 hour, and daily charts.  


To help with this process; feel free to use the attached Excel worksheet.  (Excel Sheet Here 

In the example below EURCAD is a Stronger Sell simply because the price is below the cloud on all 4 charts.  To be a Stronger Buy, the opposite must be exact with the price above the cloud on all 4 charts.  

Trading this week has been consistent.  TP4 went for 11 out of 12 trades this week.  The 12th one is currently still open.  I see it taking profit as soon as we have an answer on the Brexit extension.  I do have a few other trades in here that were not TP4.  3 to be exact.  Brexit has slowed things down just a bit--but I am still finding TP4 to trade even in the slower market.  It has been so encouraging that I am planning on focusing entirely just on TP4/TP4+ for this account.  On the goal side, I am still running a wee bit behind.  Going to continue with this chart for now.  I am curious to see if it can catch up before moving on. Next week we will cover how to trade TP4.  I am so excited to share it with you all! ~~Hiz Rib

*The information here is for educational purposes only. Risk Disclaimer for Forex Trading
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors.  Past performance is not indicative of future results.  The high degree of leverage can work against you as well as for you.  Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.  The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money you can not afford to lose.  You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.