• Nial Fuller

    NIAL FULLER Nial Fuller
    Professional Trader, Author & Coach

    Perform This Trading Experiment & Learn A Life-Changing Lesson

     The Trading Experiment:

    Today’s lesson is going to fast-track your trading success if you actually follow-through with the interesting trading experiment I have designed for you.

    This is a potentially life-changing experiment that will very quickly (in under one month) teach you many valuable trading lessons which will open areas of your mind that you may have not yet activated.

    What you are going to do is trade every price action signal that you see for an entire month. The rules and conditions of the experiment will follow, but essentially you are going to take any pin bar, fakey setup or inside bar pattern that you see on the daily or 4-hour chart of the major markets we normally discuss in the members commentary each day. We encourage you to perform chart analysis and spot your own trades, as well as follow along with the analysis in the daily members trade ideas newsletter inside the members area.

    The goal of this experiment is 3-fold:

    1. To remove your fear of entering trades, get you pulling the trigger more often and trusting your judgement, to avoid living in a hindsight circle constantly (regretting not taking trades you knew you should have), to simply get you into the habit of executing trades rather than just spectating and hesitating.

    2. To reveal the randomness of achieving a risk reward goal and reveal the truly random distribution of winners and losers.

    3. To deter you from over-trading in the future, by the end of this experience you will understand that trading every signal and taking every trade will diminish your returns by churning your account of spread/commission and losing trades we could have avoided through filtering. To turn you from a machine gunner into a one shot one kill ‘sniper’

    Rules and conditions of experiment:

    The rules and conditions of this experiment are quite simple. However, you must follow them exactly for the intended lessons to have their effect and prove their point to you. The rules and conditions are as follows:

    • Trade 1 micro lot or smaller or demo trade, but actually execute the trade on a broker platform for record keeping and exercising the habit of placing trades.
    • Watch the 10 or so markets we follow in the daily members newsletter, and trade as many signals as you see fit, including pin bars , inside bars, fakeys, on 4 hour to daily charts (exclude any time frame under 4 hour).
    • Apply a 2 to 1 risk reward with a minimum stop of  0.5% of the market price and minimum target of 1% of the market price (approx 50 pips stop and 100 pip target on Forex).  For gold, and indices and commodities, adjust this accordingly.
    • All trades are set and forget setups, meaning, you are either stopped out or achieve your target, no fiddling with the trade once it’s live.
    • The goal is to determine overall R R (risk reward), we measure a loss as 1R (1 times risk) and profit as 2R (2 times risk), to learn more about why we measure results in R and not percentages, read our lesson on risk reward here.

    Performing the experiment:

    Here are two example trades so you can get accustomed to how you will actually carry-out this experiment.

    1. In the first example, we can see a 4-hour chart EURUSD pin bar signal that formed at a support level in the context of the recent trading range we have seen on this chart (see daily view too).

    Once you spot a clear and obvious price action signal like the one below, you will simply set the stop loss (in this case below the pin low) and the entry (pin high) and the target (2 times risk), then you let the trade go.

    You should also record the trade details in a spreadsheet / trading journal to track your trades and stay accountable, note that the risk reward is the most important piece of “evidence” for each trade.

    We are setting the RR at a strict 2 to 1 and so whilst the stop loss placement can be somewhat discretionary (see article link for where you should place it) the profit target must always be two times the stop distance.

    2. In the next example, we are looking at an inside bar signal that formed in a recent uptrend in Gold. This is a very simple trade to spot and set up, and to set and forget.

    The stop loss is typically under the mother bar low and so the target is 2 times that of the stop loss distance. We can see in this case the target got hit for a win, as did the first example. However, not every trade will be a winner of course, and remember, one of the points of this experiment is to show you that you can’t take EVERY trade because some are not worth taking, you have to learn to filter the good from the bad.

    Hopefully, after taking every signal you see for a month you will realize that the trades like these two above, that had confluence are the ones you want to take most of the time.

    Other considerations…

    Make sure that the price action signals you are taking are ones that I teach, you don’t want to be just trading anything you think is a pattern. You need to start trading an actual edge, that is the beginning. Blindly entering “every pin bar” or “every fakey setup” with no other supporting evidence, can indeed produce some amazingly profitable trades as you will discover, BUT overall, it’s not enough to achieve long-term consistent success. You will need to refine and filter that edge so that you are only taking the absolute highest probability occurrences of these setups (something I discuss in other lessons and teach in my pro trading course).

    Traders should not approach the markets with pessimistic energy and try to “avoid” losing trades, because that is impossible. Every trader will have losses and make a bad call from time to time, no matter how good a chart reading technician they are. Traders should instead approach the markets with an optimistic energy and focus on finding winning trades that yield a substantial reward compared to their risk. This experiment is designed to get you pulling the trigger on trades and to avoid freezing up like a deer in headlights constantly (pessimistic energy). It is designed to teach you that your edge is going to produce winners and losers in a random fashion over xyz period of time, and that by being a little more selective with what trades you take in the future, you can improve your results substantially and place each trade with total confidence (optimistic energy).

    When your done completing the experiment, there are going to be a tonne of trades you look back on and learn something from. You will want to study the ones that worked out really well and study the ones that didn’t work out well and find some common denominators that will then act as filters for your trades in the future. As you grow and learn as a trader, through your own experience, screen time, and through ongoing study, you will learn more about how to find the best price action trading opportunities in the market, and your eventual goal is to end up trading like a ‘crocodile’ , waiting in ambush for your ideal prey (your next high probability trade).

    From here I would ask you to do 2 things right now.

    1.Post your commitment to perform this experiment in the comments section below.

    AND then

    2. Come back and reply to your own comment below AFTER you complete the experiment with answers to the following:

    • What did you achieve in overall profitability or losses ? example:  30 losses 20 wins and a total R return loss of -20 R ?
    • What trading habits will you continue and what habits will you stop in the future ?
    • Do you think you will be more selective and filter trades more carefully ?
    • Any other lessons you want to share with others here ?

    I hope you enjoyed today’s experiment-lesson, I truly believe if you follow it you will learn many lessons that most traders spend years learning through much trial and error.

    Please Leave A Comment Below With Your Thoughts On This Lesson…

    If You Have Any Questions, Please Contact Me Here.

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    Nial Fuller

    About Nial Fuller

    is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
    Nial Fuller Professional Trading Course Preferred broker 2020 v1
    1. Omobolanle

      I’m up for this experiment.

      Reply
    2. Thuli

      Experiment started 13/10/2020-31/3/2021
      Was trading EUR/USD only using Inside Bar strategy.Using the H4 Time frame.
      Money Management: I was risking $4-5 to make $10.
      I made 76 trades 29wins. 47loses.
      The experiment was done on $140 account
      Wins 29X10=290
      Loses 47X5=235
      Profit =$55
      Return on investment =39.2% in 6 months

      Now looking m to play with Big money using the same mindset,same money management,same strategy .

      Thanx Nial.
      Thuli. BW

      Reply
    3. Richard Zarney

      I learnt more with your lesson then a book.

      Reply
    4. Onanyante Isaiah

      I am going to try this experiment this day 18th June, 2020

      Reply
    5. Sibusiso

      I am in this experiment from 15 June I’m coming back after a month

      Reply
    6. Eduardo Zúñiga

      Dear Nial, thanks for all your support. I have been some problems with my entries, (inside bar) because I am not sure if I have to go in the break moment or I have to wait until price back and testing. For example if I have a 4 H inside bar set up…I have to wait until the last candle close even if that candle close so far from high or low of my mother candle? that problem is bigger in terms of pip if we talk in daily time frame.

      Sorry for my english,

      Eduardo Zuñiga

      Reply
    7. Mohammad Abedini

      I’m ready,going to be very exciting

      Reply
    8. BerglancePl

      Already in the Mt4 lab to begin the experiment. Will return in April,2020 to provide updates. Thanks very much Nail

      Reply
    9. Claudio

      Ready for the experiment!

      Reply
    10. richard

      hi, must this be only on all pin or fakey setups, or must you check support and resistance areas aswell?

      Reply
    11. Malli

      I am in. Starting today.

      Reply
    12. Ashley T

      Hi Nial

      Sounds good . Have sort of been doing it with ur style. Results good. Now will start end April and c how it goes. Currently working on trading plan and strategies so will make time soon.

      Reply
    13. Bongani

      I’m in.

      Reply
    14. indre

      Hi,
      I want to share my results. Keeping PA strategy (using H4 and D chrats) I was trading for a three weeks of february (last one had problem with computer). There were 6 losses, 3 profits (one – 2.5R, one – 1.5R, one – 1R) and 3 zero trades (zero got, when, having 1R profit, price reversed to entry).
      So, I will continue to trade in such manner for a while, because, noticed, it was good to see my mistakes more often, release fear opening trades and getting losses (profits wasnt frightening :), deeper analyse markets changes.

      Good day !

      Reply
    15. Robert

      Hi Nial
      Only traded the last 3 weeks of Feb due some family matters and results were ….
      8 total trades. 6 winners, all at 2:1, and 2 losses.
      I actually found it very difficult to take just any signal, hence only eight trades, I intend to try again this month (March) and just take each signal that I see.
      Another thing that I found difficult was to not touch the trade at all once it was triggered, (to actually set and forget). Usually when a trade is more than half way to its profit target I would at least move the stop to break even. The temptation to intervene was highlighted with one particular trade which hovered up and down above the entry for more than two weeks. I had to just glance at the charts and then turn them off so I wouldn’t fiddle with that or any other trade that was live and I think that this also played a part in only taking a handful of trades.
      That trade did actually jump up to the 2:1 profit target right at the end of the month, so patience is the key.

      Reply
    16. André Hofland

      I finished the 30 day experiment.
      20 trades of which 9 winners and 11 losers. My overall profit was 7R and a R:R = 1:1.6
      A few losing trades were countertrend.
      I entered each trades just on the signal, although I found it hard not to look at other confluence factors!
      I believe when I would have looked at confluence factors, my R:R would have increased to 1:2 at least and I would have taken less trades. Allthough I am pretty happy with this result.
      Most of all this experiment has given me an enormous boost in the way I trade and keep to my strategy with discipline. This experiment is truely a turningpoint in my short trading career.
      Thanks Nial.

      Reply
    17. AJ Abro

      Hi Nial,

      As promised I am back to post my results after carrying out this experiment for the month of February 2019.

      What did you achieve in overall profitability or losses ?

      A total of 22 Trades of which 13 trades were winners and 9 were losers whilst maintaining a RR of 1:2, total R return is +17, which I am surprised of. That’s a win rate of 59% which I find extremely good, maybe its a beginners luck for me as I am new and only into my 4th month of trading. Id also like to add on I risked 3% off my account per trade and as a result of 17R this means I gained just over 50% of my account size in February alone. I still cannot believe it and I am thinking this maybe beginners luck. I understand after this winning month I have to keep myself grounded with reality and not get carried away with euphoria.

      What trading habits will you continue and what habits will you stop in the future ?

      I continued to manage my risk on all trades.

      I’d probably stop looking at my live trades once I am in a trade. I am working on this and trying to look at the charts less and less as there is no point really to check the charts once your in a trade. Just let it play out, as you have already done the analysis before entering.

      Do you think you will be more selective and filter trades more carefully ?

      I think so, I found that if you find a trade on AUDUSD, there is potential the same trade will be on other AUD pairs like AUDJPY AUDNZD etc. So always check the charts for the best looking trade with the most confluence and only take that one instead of taking all trades.

      Any other lessons you want to share with others here ?

      I’d like to share that trading is a journey. Although I am a newbie I have only been trading for 4 months now, I find that the best way to learn is from your mistakes. Also its impossible to learn everything in a month, trading experience is something one gains through charts and practice, I am learning new things every week. So have the knowledge and discipline to keep trading long enough that you can actually learn the ropes. In order to do that you must protect your capital as the longer you have your capital the longer you can trade the more you can learn.

      Reply
    18. Erik L

      I performed this experiment from jan 30 until today. I opened my trading platform 1 or 2 times a day only for looking at 4h price signals and for entering trade orders (20-30 mins each session).
      Total 48 trades entered with a RR 1:2
      18 with profit
      26 with loss
      1 break even
      3 still open – currently all in profit
      On the closed trades: Total profit of 0,5 R (half the sum of the risk amount from one single trade).
      If I close remaining open trades now: Total profit of 3,8 R.

      (Reason for not all trades not reaching either 1R loss or 2R profit was because reversal price signals caused a reversal of positions in a number of occasions)

      These were trades entered into on price signals only – without considering additional confluence factors (trend/resistance levels).

      In my opinion an interesting result.

      Reply
    19. AJ Abro

      Hi Nial,

      As promised I am back to post my results after carrying out this experiment for the month of February 2019.

      What did you achieve in overall profitability or losses ?
      A total of 23 Trades of which 13 trades were winners and 10 were losers whilst maintaining a RR of 1:2, total R return is +16, which I am surprised of. That’s a win rate of 56% which I find extremely good, maybe its a beginners luck for me as I am new and only into my 4th month of trading. Id also like to add on I risked 3% off my account per trade and as a result of 17R this means I gained 48% of my account size in February alone. I still cannot believe it and I am thinking this maybe beginners luck. I understand after this winning month I have to keep myself grounded with reality and not get carried away with euphoria.

      What trading habits will you continue and what habits will you stop in the future ?
      I continued to manage my risk on all trades.
      I’d probably stop looking at my live trades once I am in a trade. I am working on this and trying to look at the charts less and less as there is no point really to check the charts once your in a trade. Just let it play out, as you have already done the analysis before entering.

      Do you think you will be more selective and filter trades more carefully ?
      I think so, I found that if you find a trade on AUDUSD, there is potential the same trade will be on other AUD pairs like AUDJPY AUDNZD etc. So always check the charts for the best looking trade with the most confluence and only take that one instead of taking all trades.

      Any other lessons you want to share with others here ?
      I’d like to share that trading is a journey. Although I am a newbie I have only been trading for 4 months now, I find that the best way to learn is from your mistakes. Also its impossible to learn everything in a month, trading experience is something one gains through charts and practice, I am learning new things every week. So have the knowledge and discipline to keep trading long enough that you can actually learn the ropes. In order to do that you must protect your capital as the longer you have your capital the longer you can trade the more you can learn.

      Reply
    20. Adam H

      I will start this Sunday (Feb 17, 2019).
      I’ve refreshed all 3 PA signals from the course. I’m starting with my own weekend analisys procedure (trend. lvl, PA signals). Luckily I have Nial’s commentary to verify my work :)

      See you in a month. Good luck everybody.

      Reply
    21. Gaur Krishna

      I am INN. Will update in due course of time. Thanks for nice article

      Reply
    22. javid

      you area Great teacher

      Reply
    23. Abdelhadi

      I join the expériment.
      I’ll be back soon

      Reply
    24. Nurlan Ussenov

      I started the experiment on February 1st. For the first week there are already shifts to the best in trade. Thank you for the interesting lectures and articles Nial.

      Reply
    25. kubatos

      I commit to perform this experiment.

      Reply
    26. Rachel Soh

      I will join the experiment! Trading SIMSCI – will test out for the period from 11 Feb 2019 – 12 March 2019.

      Reply
    27. John M

      Im also in, Will be interesting for me to be disciplined and patient with my trading, as I have been scalping lately and this is the total opposite. Looking forward to the journey and the end result.

      Reply
    28. ABDULLAHI ALI

      a great experience Nial, i`ll commit myself according to this teaching

      Reply
    29. Desmond de Salis

      Hi Nial,
      I will try.
      Des.

      Reply
    30. Ken

      Will try too

      Reply
    31. Ken

      Am in too.
      Ken

      Reply
    32. Pippy.......

      I commit to this experiment. I also thank Nial fuller for this initiative.

      Reply
    33. Alex

      I’m on it.show time!

      Reply
    34. Ej

      Ill give it a try😊

      Reply
    35. Desmond de Salis

      Des
      I’m in.

      Reply
    36. Indre

      I join the experiment!

      Reply
    37. Christopher Kizito

      I’m in
      Will be back soon with the results

      Reply
    38. Ryszard

      I’m going to try it in February when I’ll get the correct trading charts and platform, I’ve tried to get it but without any success.

      Reply
    39. E. George

      I accept every commitment you have extended, I shall for for all the signals on the 4 hours to Daily platform, and entry points just as your have instructed. Thanks for the training you have saved a soul.

      I shall report me experience.
      Thanks

      Reply
    40. YessSH

      I’m in

      Reply
    41. Indre

      I join the experiment too!

      Reply
    42. Nwosu sunday

      Nice one……….I will stay committed to what I have read now this month, and see how it goes

      Reply
    43. Jamito

      this is great experiment. am in

      Reply
    44. rc

      I’m in

      Reply
    45. Frank

      One thing is inside-bar and pin-bar. It can be traded in many different ways, and Nial does not show them all in this article. Nial want us to buy at support and short at resistance. But what about riding a trend? There is a lot of money there too….;)

      Reply
      • Nial Fuller

        Frank, I teach riding / following trends more than any other method, not just buying/selling at levels.

        Reply
    46. Brett

      I’m in.

      Reply
    47. Rickie

      Im In….

      Reply
    48. Lou

      I’m in

      Reply
    49. Svend kristensen

      I’m in for the experiment.

      Reply
    50. Khesiwe

      Definitely going to try it in February Thanks Nial

      Reply
    51. Mike Shuman

      In but struggling …..just don’t seem to get the right signals at the right time/ location but doing my best

      Reply
    52. Theochads

      This is interesting. I will try my hands on it. Getting back to you by end of February

      Reply
    53. Larry Letterman

      I am in as well

      Reply
    54. Larry Letterman

      I have committed to the experiment, trading CL…Trading on the 60M and 4H…thus far in a week, 3 trades and 3 losses…

      Reply
    55. bogstandard

      IN..

      Reply
    56. Tim

      I’ll do it, start in Feb.

      Reply
    57. MUNGE GATHURI

      Not pulling the trigger and the market shooting me on the head

      Reply
    58. Jolanta from Poland

      Hi Nial,
      It’s a very good idea. I’m a beginner, but I will take your challenge

      Have a nice time,
      Jolanta

      Reply
    59. J.Muguro

      100% committed to start exp. 31st Jan

      Reply
    60. Oskar

      I will join to the challenge – start date 30th January

      Reply
      • Oskar Nowicki

        Dear Niall and Colleagues,

        After a month of the trading exercise on a demo account, I opened 24 positions of which 11 was closed with profit. However, I made many mistakes, so my end of the month profit is 4R.

        My bad habits are:
        1. Closed position before reaching 2R target.
        2. To frequent checking to the charts- the result reason of point 1.
        3. Freezing up like a deer in headlights in the view of good set up.
        4. Too many open positions and overlooked the good ones.

        Remedy:

        I have to be more selective while choosing the set up’s and less often look at the charts.

        Thank you for the article that convinced me to take part in the competition

        Oskar

        Reply
    61. Terry Demmer

      I will commit for the month of Feb

      Reply
    62. Stephen Higgins

      Hi Nial,

      I am a victim of not pulling the trigger so many times. I always wait, then wait, and wait a little more, and then ………..Oh too late.
      This is a great exercise and i will definitely be doing this through Feb and will post my results at the end of the month.

      Steve

      Reply
      • Roy

        You need to read ‘Trading in the Zone, Mark Douglas or audio free on youtube. You will thank me later!

        Reply
    63. Hakan Cakir

      Hi Nial. I am in for February. Great experiment.

      Reply
    64. Taiyab

      Thanks Nial for this guidance through the experiment .

      I will go into the experiment from next Monday to end of February .

      Reply
    65. Jose everton de lima araujo

      yes Nial, I promise to do the lesson by following all the rules!

      Reply
    66. Gift_Daniels

      I’m in for the experiment.

      Reply
    67. Robert Wisnewski

      Hi Nial,

      I have done this exact experiment and the results were exactly like you say. Turned my trading around. Funny thing, though. You can, as you, say, trade every signal. Then, suddenly, a great set will appear and you think, ‘if only I had waited for that one!”

      So filtering is key. For me, I guess I just got into this habit of not trusting that I’d recognize “the one”, when it appeared. But, since the experiment, I’ve learned to trust myself and my set-ups. Watching, waiting, and having a plan makes for a better trader.

      Thanks for the great article!

      Reply
    68. Matt Insardi

      I’m in!

      Started taking a couple on the 4 hour and realized it’s going to be too many trades so quickly decided to only take trades on the daily chart. I’ll come back at the end of February with an update!

      Looking forward to everyone’s results!

      Reply
      • Roy

        If it’s a valid trade setup then what does it matter. Your intention is to have more winners than loses so if you can find more trade via the 4H then why not take them?

        Reply
    69. Grigor

      Very good idea and very good experiment, I will try)))

      Reply
    70. Will

      Great idea Neil!!!

      I will start on the 1st Feb

      Reply
    71. Damilola

      ok nial….this sounds great…i am committed to this experiment.

      Reply
    72. Langelihle mqoqi

      Great idea Im in

      Reply
    73. Jan

      Hi,

      Exactly what I needed! Thanks!!

      Jan

      Reply
    74. Zain

      nice exercise, and it is a very good commitment and helpful for being discipline when opening any trade.

      Reply
    75. Szabolcs

      Why not, I’m giving it a shot.

      Reply
    76. Chiconela

      Great article… I will try as soon as possible

      Reply
    77. Roberto

      Will do on Weekly charts initially because of time constraint. Regards

      r

      Reply
    78. Dorothy Clarke

      This is a great idea, I will also join this trial and ask the more longer term members to join in as well

      Reply
    79. Kelly

      Would give it a try

      Reply
    80. Gordon

      I’m in. Start date tbd within next couple days, no later than Feb. 1.

      Gordon

      Reply
    81. Bogdan

      Great idea. I am in starting today.

      Reply
      • Ashok Jentha

        Dear Nail,

        This is nice concept. This will help to us, because now I am learning your PA FX trading
        Please provide these type of exercise to continual improve trading in PA.

        Reply
    82. Antony

      Sounds all good – Count me in
      annton

      Reply
    83. EHIZ

      I will perform this experiment.

      Reply
    84. Raffi

      Yah, This is one the best experiments I’ve ever knew. Brilliant idea !!!

      Reply
    85. Mario Smith

      Thanks Nail very strong lesson iam in for the challenge .

      Reply
    86. Dararith Pen

      100% I’m in. Will start this on 1st Feb and get back to you by the end of the month with the results. Thank you Nial.

      Best Regards

      Dararith

      Reply
    87. Kudzai Zoraunye

      Let’s go..project Feb!!

      Reply
    88. Siphesihle ndaba

      Definitely taking this experiment on 😎

      Reply
    89. Dipo

      I will commit myself from the 1st of February to try this out. The outcomes should be interesting

      Reply
    90. Haroun Kola

      This is a tough challenge, but I’m up for it. I’ll be commenting here with my results over the next month and in the member’s forum with my setups.

      Reply
    91. Olu

      l commit to carry out this experiment

      Reply
    92. Brent Hall

      I’m in.

      Reply
    93. Melanie

      I am on it.

      Reply
    94. Rahwa

      Hi Nial.
      Thank you for a fantastic article. everyday my trading skill is improving because of you.
      May God bless you and your whole family.

      Reply
    95. Moloko

      I will try.From 1st of February to the End.

      Reply
    96. Helen

      I will give it a go.
      Sounds good.

      Reply
    97. Sibusiso

      Thanks again Niall im in and commited

      Reply
    98. Supido Yaksha

      Lets do this

      Reply
    99. Christian

      I commit to the experiment, for at least two weaks starting today.

      Reply
    100. Monica

      Excellent idea, It’s a great way to learn by doing, we often rush out of the expectation of winning and end up frustrated. Will do it, never tried this before.

      Reply
    101. kyabaggu paul

      Am in

      Reply
    102. uwandu kelechi

      After 20 trades i won 9 trades and loosed 11 trades …i the Risk ward after 11 losses is 1:1.6 after 11 losses

      The trading habits i will continue .confident i will have to increase my level of confident

      The trading habit i will stop in the future ?is increasing my lot size because of some winners

      i think i will trade lest now

      LESSON TO SHARE .
      the lessons i want to share with others here ,for a trader to make money in the financial market
      he/her must be defensive and aggressive figure out when to be aggressive and when to be defensive

      Reply
      • Emeka Egwim

        Kelechi,
        I could not but add a little to your comments. It is great to know that you had the above amazing results at your trial of Nial’s challenge. I hope you will be ready to dig deeper to find out while this particular candles act the way they do (seeing beyond the candles),it will really help you a lot, As you continue to trade, the type of trader you are will begin to come at you, either a conservative or an aggressive trader. As a senior once told me , ‘the market will find you out’, For now kudos

        Reply
    103. Sara Kinnersly

      This is perfect for the start of next month, thanks Nial great timing and motivation! I commit to this challenge :)

      Reply
    104. derrick

      i have picked alot from this more so trading like a crocodile. thanks so much sir

      Reply
    105. Edward Duffy

      Hi Niall, I am prepared to give this experiment a good shot. I know my biggest problem is entering the wrong trades and not being able to recognise when a trade is going to produce a result or when it is going to be a dud.
      Hopefully this experiment will show me the error of my ways.
      I look forward to your continued tutelage.

      Reply
    106. Thobe

      Thank u Nial for this exercise.Im in and will give feedback end of February

      Reply
    107. Robert

      I commit to carrying out this experiment starting from today (Jan 28) and will post results at the end of February.
      Thanks for your ongoing support and mentoring Nial.

      Reply
    108. Randy

      Great Experiment! I am going to do this!

      Reply
    109. Khayelihle

      I am agree with you, short & sweety explanation
      Thanks Nial

      Reply
    110. Andrzej
    111. Aleksei

      I join the experiment.

      Reply
    112. Raef Mackay

      This experiment changed my way of trading.
      For the last 9 months I’ve given up on what I think I know and just traded the signal. Admittedly I require three signals to enter but I have tried to take each one and allocate risk through position size.
      I’ts paid off most weeks are profitable and I have more then tripled my account. The most disappointing thing I have learnt is that the trades I didn’t like were the best winners.
      The trades I thought were a shoe in were the worst.

      Reply
    113. Andy Moore

      Hey Nial.

      Great plan, matey. I’m up for it.
      Thanks
      Andy Moore

      Reply
    114. Jeff Baker

      I’m in for February

      Reply
    115. Muna

      Dear Maestro Nial,
      I am definitely taking part in the experiment starting Feb 01, 2019 to Feb 28, 2019.
      Thank you for this and keep up the great work.

      Reply
      • Muna

        Hello Nial,
        I took trade 8 trades and got 5 wins and 3 losses. That is +10R and -3R … overall +7R (reward-to-risk ratio of 2:1). I only traded with confluence (trend, level & signal). There were signals that I refused to take because the three requirements (TLS) were not met. It was difficult to stick to these three requirements as some signals that did not meet the requirements paid of handsomely. But the rule is the rule … and must be followed. I deployed the set and forget approach.

        Lesson – Have a plan with an analysis routine, and stick to plan judiciously.

        Reply
    116. Ghulam jelani

      Thanks sir awesome guide

      Reply
    117. James

      I am in. This will be very interesting.

      Reply
    118. Jerome

      I’m in. Will track trades for the Month of February.
      Great exercise Nial…
      I’m excited…..

      Reply
    119. Erica

      I am so excited to do this. I am in.

      Reply
    120. Krystian Porc

      I must do this experience, cause I have big problem with take the good shoot because I feel fear.

      Reply
    121. Alonso Martinez

      i will fallow this to perform this experience also i sign for pro trading course and december 2018 and i still waiting for you response thank you nial

      Reply
    122. Maureen

      I will perform the experiment from this very week.
      Thanks Nial.

      Reply
    123. Elaine M LaBonte

      I’m in, effective immediately. What fun to be free to just do it with no concern for the consequences except to learn from it and develop cell memory. Thanks

      Reply
    124. Lilyrose

      I am in…
      Thank you Nial..

      Reply
    125. Chris

      Lovely article..I am all in nial

      Reply
    126. gerry rabe

      I’ll let you Nial, and thank you!

      Reply
    127. André Hofland

      Thank you Nial for presenting this experiment.
      I will participate and commit myself starting the February 1.

      Reply
    128. Angela ablett

      I commit to the experiment.

      Reply
    129. Olumuyiwa

      I will commit to the trading experiment

      Reply
    130. Tonmoy

      will follow this strategy from this week.

      Reply
      • Mondelle

        I am 100% in on this experiment starting February 01,2019

        Reply
    131. Lynette Silver

      Thanks Nial. I’m in. During the month I will need to “un-learn” alot of my strategies, info I’ve collected, various Moving Averages (which have totally confused me) and stick to your method. Nice and simple to follow. Thanks again.

      Reply
    132. Miss wealthy

      Thank you nail I lean lot from you

      Reply
    133. sabelo mshengu

      ill start next week Monday,thanks Nial

      Reply
    134. Noorain Samat

      I’m committed to do this experiment for the month of feb 2019.

      Sign,
      Norraine

      Reply
    135. Ali

      Count me in, Nial :) That’s great, thanks. I’ll check the markets once after NY close, if a PA signal with confluence present, set and forget!
      Excited to report in a month from tomorrow …

      Reply
    136. Trade4x

      I will commit to the experiment starting February

      Reply
    137. Hasanath

      I’m in, Nial. This experiment is worth thousands lessons. Thanks.

      Reply
    138. Peter Clift

      A great suggestion – will give it a go. Thanks.

      Reply
    139. fawaz bamakrait

      GOOD MORNING NIAL.
      first of all let me thank you my friend for the great lesson ,secondly ever since i knew you all my trades are based on the price action ,yes i do mistakes ,i loose trades ,and this part of the game ,BUT honestly my win to loss ratio completely changed ,and more over is my confidence in any trade i take is a lot more .

      SO,thanks again and i’ll commit to it .

      Reply
    140. Graham

      I’m in

      Reply
    141. Vlad

      I am not gonna try this I will do IT…
      See you in mounth.
      Thanks
      Nial

      Reply
    142. Chay Ebert

      Sounds like a plan. I’m in.

      Reply
    143. Adriana Ghidau

      Hello Nial

      Just to say I am in with the experiment ! This is a great idea to make us to understand how to change the mindset and strategies for long life trading.
      Thank you ..
      Ready to get started
      Have a good day ,Adriana

      Reply
    144. Philip Ajayi

      Hello Nial,
      Many thanks for the article. I commit to this experiment. Eagerly looking forward to see how it will turn out.
      I appreciate your efforts at ensuring we succeed.
      Regards
      Phil

      Reply
    145. Galen Tarrence

      Yes sir I commit starting this upcoming wk. the 28th of Jan.

      Reply
    146. Thambirajah Yogarajah

      Excellent Nial.

      Reply
    147. Collin Gonye

      Hi Nail
      Thanks for the challenge, I will start on the 1st of Feb. This will be very easy for me, I ve been working on filtering my trades and achieving 2R or more. 4 hour chart I stopped using it, I’m using 1week and entering my trades on a daily chart. I’m now a master of “Set n forget” Thanks once again for another addition into my trading tool box.
      Regards a
      Collin

      Reply
    148. Fuad Badmus

      am in

      Reply
    149. Paweł Dubert

      I, Paweł Dubert commit to perform this experiment starting 28.01.2019

      Reply
    150. Max

      Committed to launch a separate small acc to really implement this experiment. Will start on 28th of January. Thanks for the idea.

      Reply
    151. Graham

      Im committed

      Reply
    152. TJ

      I’m in.

      Reply
    153. ClearP

      Thanks for this great idea. I will participate in this experiment and start on Monday 04.02.2019

      Reply
    154. Hilary

      Thank you Nial. I am in on this trading experiment starting February.

      Reply
    155. Nigel Eyre

      Thanks, Niall – I will follow this…

      Reply
    156. Oscar Guevara

      Excellent, thanks Nial, I’m in.

      Reply
    157. Souto

      Another great lesson Nial!
      I will commit to this experience, starting February 2019.
      Souto

      Reply
    158. Mike Shuman

      I am a new student and have 2 problems/ questions … is there Absolute definitions for Pin Bar , Support/ resistance. For many years / courses I have problems being able to do what someone else would do or see. I usually see far too many of a set up/ signal that meets requirements but due to some other variable isn’t acceptable. I will try some more of the course before the experiment as I am just frustrated for now.

      Reply
    159. Michel

      I will follow the experiment.
      Thanks Nial!

      Reply
    160. Kelly

      I will try this for a month starting London opening tomorrow night and look forward to the results no matter what. I have been a machine gunner as my name is Kelly “Machine Gun Kelly” but although i have many more wins than losses…my avg. wins to losses is too low. Goal is to become a sniper, results back in a month thanks Nial!

      Reply
    161. Elton

      I commit to apply this experiment from this week and will give a feedback by the end of February. I thank u for this lesson and appreciate the challenge.

      Reply
    162. Elton

      I commit to apply this experiment from this week and will give a feedback by the end of February. I thank you for this lesson and appreciate the challenge.

      Reply
    163. Jason libby

      Thank you Nial
      Great lesson again. I am starting this on Monday and will post my results in a month. Been really excited with trading at last since taking your course. Everything just seems a lot more clearer the more simple we keep things.
      Many thanks

      Reply
    164. Marco

      Totally agree. Trading is like practising a musical instrument. You don’t learn by reading a book about “how to play piano”. You sit in front of the piano and start playing. Trading is the same. With practise, you will adquire expertise and be a professional.

      I have already done this experiments to create my own system. I used pinbars on H4 and EMA10, EMA20 to filter them. Now I trade on D1 only.

      Great post. Trading require practising, that’s all.

      Reply
    165. Georgi

      Hello Nial
      That’s interesting for me, I’ll try this way for a month.

      Reply
    166. NIKOLAS MOURELATOS

      I want to participate to this experimen, because I believe will make me better by prooving (once again) things I already know or believe I know

      Reply
    167. Grzegorz Pietrzak

      method stick and carrot works 100%, however stick is short term method, carrot works stronger and longer, as when you teach someone something well, this someone will remember that and do it all the time – your constant support is a carrot – thank you for your impressive work
      GP

      Reply
    168. Nelson Sam Mborooro

      Hello Nial,

      Once again thank you for sharing you knowledge with this powerfull lesson which I will commit to. Remember when ever I have a question I will ask excuse me but thats how I learn. Sure think boss & GOD BLESS

      Reply
    169. Peter Miller

      I will commit to the experiment, obviously with the trend !
      Thanks for all you post to help us to be successful and confident traders

      Reply
    170. Eugen

      Hi Nial,
      thanks for the article. I will commit to this experiment. Let’s see what will turn out after a month. I am already quite anxious.

      I understood: during the experiment do not filter too much. The lesson learned shall come at the end.
      Eugen

      Reply
    171. Anes

      Thank you boss….I am in..

      Reply
    172. makis

      I will follow

      Reply
    173. Dmytryi

      I’m in.

      Reply
    174. Harry

      Thank you so much for yet amazing lesson. You are simply the best forex mentor. I am definitely In and will start the experiment from Monday 28 January to end of February 2019. I will follow the set and forget rules which so far I find difficult doing. Thank you once again and God Bless.

      Reply
    175. Thabo

      Good Evening Nial & Team

      I am making a commitment and will provided feedback next week.

      Enjoy your weekend with your family

      Kind Regards

      Reply
    176. Horst

      Short and very clear explained, I will perform this experiment

      Reply
    177. Steve

      Will try this to smooth my trading . sometimes fund it hard to pull that trigger, over analysis

      Reply
    178. Niko

      Excellent Nial. Will / already doing this since I started trading.

      Reply
    179. Surendra Bhorkar

      You are great man, i got this website link on social media 10 15 days ago but your writing skills and thoughts are awesome. I am learning so many from you.

      Thanks Guru

      Reply
    180. Martin Owino

      Faithfully going to follow the instructions

      Reply
    181. BMF

      Thanks you very much

      Reply
    182. Eliezer

      Thanks Nial for this guidance through the experiment .

      I will go into the experiment from next Monday to end of February .

      Reply
    183. Joyce

      From now onwards I will no longer fiddling with the trade once its life because I can see that I should have been profited more. On the profit target really you opened my eye I could not know how to measure it. Actually the article as whole is an eye opener to me. Thank you

      Reply
    184. Благодарность

      Excellent lesson! Today I will begin to use your council, on day charts with selection of 20 transactions, Thanks Mr. Nial

      Reply
    185. Gulzar

      Yes. I shall try

      Reply
    186. Corrine Scott

      Hi Niall,

      This sounds like the kind of challenge that I need right now. I can be a hesitant trader and see setbips but not take action. I’m really looking forward to completing this task.

      I will commit to logging the trades I take and why and leave my results after the month.

      Thanks

      Reply
    187. Ernie

      This is a similar method to what the military would use to train you to be a sniper. Extremely good lesson. You can do a bar replay, but real-time will always provide your mind with a better result.
      Well done Sir, you are the only person I send people to price action trading.

      Reply
    188. TW

      I’m in! This should be fun. Thanks coach!

      Reply
    189. AJ

      Hi Nial,
      Thanks for yet another valuable article.
      I will commit to the trading experiment starting in February 2019. Will post my results at the end of the month.
      AJ

      Reply
    190. Thandi

      I commit to perform this experiment.

      Reply

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