NickNick’s interest in trading started when he was just  15. When he came of age, at 17, he began trading penny stocks.

Now, happily married with kids, at 45 years old Nick is a photographer who loves the visual aspects of the charts which has allowed him to tap into the cyclical nature of the charts.

In the past 15 years Nick has focused on Volume and, in particular, Forex. This lead him to build software platforms giving him the transparency needed to effectively trade currencies and the realisation that the market is correlated “price to volume” by 93%.

EXCLUSIVE 52 TRADERS TRAINING OFFER:

In the show Nick has offered to train 3 listeners of the show for free. If you’re one of the lucky listeners you’ll receive:

  • Free training from Nick himself, where you’ll learn the 3 trade setups he uses religiously
  • 5 days of intense instruction for free
  • Free access to watch Nick trade live
  • Free access to Nick’s tools for 30 days

To enter the prize draw simply email cam [at] 52traders.com or leave a comment at the bottom of this page and tell me:

  • Your trading journey/story so far
  • Why you would like Nick’s training

The prize draw has finished. If you’d still like to take part, Nick has arranged the amazing offer below

Nick’s Amazing Offer To My Listeners

If you’re interested in taking the same journey as our traders above you’ll be pleased to hear I’ve managed to twist Nick’s arm (again) and if we can get enough registrations (I think he’s looking for at least 25) for his professional course which includes access to his live trading room and a bunch of other bonuses, he’ll run the course for free.

To join the waiting list, just click the link below and complete the form.

Nick will be in contact when there are enough registrations which is dependent on his schedule and the number of traders who have signed up.

Click here to register for Nick’s Professional Course – registration still open
(Normally $1,495, but $0 for 52 Traders Listeners who register through this link)

Today's Sponsor

Visit TradeDefender.com and receive $50 off with coupon code: 52TRADERS

31: Mysterious Forex Trader Offers to Teach 3 Lucky Listeners His 87% Accurate System
00:00:00 00:00:00

Links

Broker/Platform

Key Lessons

General

  • “There’s the reason and the real reason”, i.e. be skeptical until you’ve proven it yourself
  • Elliot Wave sequences and Fibonacci numbers are correct only 28% of the time
  • Limit order books in milliseconds give a huge heads up as to what global supply and demand is doing by the second
  • Overlaying support and resistance levels (not only by price but confirmed by volume) we get some real value, i.e. if a move is price based alone it may reverse, but if we have a confluence between price and volume then there’s some power behind it and we should listen to the market
  • Most traders get it wrong because their analysis gives them an end point to aim for but doesn’t tell them when the market is going to turn
  • Don’t listen to the masses because they’re typically not profitable
  • Stay away from indicators that lag, they simply don’t work, they only help your competitors (the banks)
  • If a strategy remains dynamic it shatters Quants on profitability, six to one
  • Every exit of a buy should be an entry signal for a sell and vice versa
  • Master support and resistance
  • Don’t use MacD, RSI, Elliot Wave and Fibonacci or anything else lagging in history
  • Build upon a real time approach and remove lagging studies, as mentioned above
  • Invest in your education

Nick’s Approach

  • Nick only trades the 1 minute time frame and each day trades 50-60 trade legs. Within each leg he may have 10 positions in total which gives him a dollar cost averaging approach to trading.
  • Nick will dip his toe into the water with a smaller trade first and if it’s going his way, then he’ll add the full position. He doesn’t want to take the full position out of the gates because he may be incorrect.
  • Nick’s win loss ratio is above the 87-92% mark consistently
  • His returns are between 0.5% and 1.5% on the account daily, with draw downs of next to nothing, e.g. 0.1% or 0.05%
  • Nick only looks for 4-5 pips minimum profit
  • Nick trades 7am-9am US most days
  • Nick looks for 50-60 pips per day
  • Transition trade is one of Nick’s stronger strategies – identifying a shift in volume against a price breaking support

Nick’s Trading Approach Broken Down

EXCLUSIVE 52 TRADERS TRAINING OFFER:

In the show Nick has offered to train 3 listeners of the show for free. If you’re one of the lucky listeners you’ll receive:

  • Free training from Nick himself, where you’ll learn the 3 trade setups he uses religiously
  • 5 days of intense instruction for free
  • Free access to watch Nick trade live
  • Free access to Nick’s tools for 30 days

To get the most out of the training, you’ll need to be able to meet the following criteria:

  • Trade the London/New York overlap, i.e. 8am-10am Eastern US Time
  • Attend instruction sessions between 9:30-10am EST for about an hour each day for one straight week
  • Trade most days over the course of 2 weeks
  • Trade on a demo or live account, it doesn’t matter
  • Your account must have very low or no spread or commission (Nick will let you know if your account will work)
  • Be available for one training session and one follow up session (to see how things went) – these will air on the 52 Traders Podcast

To enter the prize draw simply email cam [at] 52traders.com or leave a comment at the bottom of this page and tell me:

  • Your trading journey/story so far
  • Why you would like Nick’s training

A random prize draw will be run at 7pm Tuesday 3rd May 2016 (New Zealand Time) to pick our 3 winners.


HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF 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.

At all times any and all information on, or product purchased from, this website, is for educational purposes only and is under no circumstance intended to provide financial advice. No guarantee is represented from any statements about profits or income, whether express or implied. As no trading system is guaranteed, your actual trading may result in losses. You will at all times accept the full responsibilities for all of your actions, including, but not limited to, trades, profit or loss. You agree to hold 52traders.com, Ziba Online Limited, the site's legal owners, AT and any authorized distributors of this information at all times harmless in any and all ways. By using our product(s) this constitutes your acceptance of our user agreement.

You agree by using this site, and related sites of ours and any of our material content you may receive either from such site or in any other form and that, accepting our terms and conditions of purchase that you agree that you, and you alone, must ensure that the use of any of the materials purchased from our site in any manner or form at all, is in compliance with your national, local, federal, state or county laws.

CFTC - U.S. Government Required Disclaimer:

Forex, futures and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. Our website, product contents, and materials are neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our website or in any materials. The past performance of any trading system or methodology is not necessarily indicative of future results. Substantial risk is involved. Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets.

Don't trade with money you can't afford to lose. Nothing in our course or any materials or website(s) shall be deemed a solicitation or an offer to Buy/sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of futures results. Trading involves high risks and you can lose a lot of money.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.