THE FOOLPROOF

FORMULA FX TRADERS
USE TO ACHIEVE
CONSISTENT
PROFITABILITY IN
RECORD TIME!
MIKORA DALA
Hi there! My name's Mikora Dala and I'm a
currency and indices trader.

At the start of my trading career, I was lost and

didn’t even know it!

I hopped unto every strategy, signal service and

mentor that I thought would help me hit it big
FAST! Perhaps you can relate?

It took me nearly two long, needlessly painful years

before I was finally able to "crack the code" to
making consistent gains in the markets and it
wasn’t any of the things I was chasing after that
helped me get there. 

If only I’d had someone to guide me and point me

in the right direction, I could have skipped out on
so many blown accounts, strained relationships
and agonizing periods of self-loathing and self-
doubt.

And that’s why now, I'm so committed to helping

traders who are stuck in that disheartening phase
where your trading account sees way more re-
funds than profit withdrawals!

To all my failing but ever persistent trading

warriors, this guide's for you.
THE "SECRET" TO BECOMING PROFITABLE IN FX
TRADING
It's simpler than you think!

The road to achieving success in the markets can

be extremely difficult and painful.

The thing is though, it really doesn't have to be.

Traders struggling to make consistent gains in the

market don’t realize that achieving success in
trading is actually quite simple (not easy) as the
process is formulaic. 

To become a successful trader, you just have to

move from a random, haphazard trading
approach to one that is predictable and
systematic. 

Such an approach can only be based on skill and

deeply rooted in sound math and statistics. 

Have you ever wondered what successful traders

have that you don't?

- Do they have a PhD level of understanding of

technical and fundamental analysis? 

- Or maybe a superhuman ability to predict exactly

where the market will go before anyone else?

Thankfully, that's not it.

The only thing that separates successful traders
from the unsuccessful ones is that they
understand how the trading 'game' works and
play their hand accordingly.

What do I mean?

Simply put, every profitable trader understands

that trading is simply a game of probabilities.

So instead of focusing on being right, they focus

on making sure that they only take trades that
meet the EXACT parameters of a proven winning
strategy EVERY. SINGLE. TIME.

This strict, robotic-like approach ensures that in

the long run, the probabilities stack up in their
favor.

More on this later.

For now, let’s talk about price movement.

Price can only go one of two ways right? It either

goes up or it goes down. 

That's a 50/50 probability.

It's important to note that short term, price's

movement is random.

This means that the outcome of either winning or

losing a trade in the short term is purely based on
chance/luck.  
Imagine this scenario:

I ask you to play a game of “coin toss” with me.

Your stake in this game for every toss is $1.

So if the coin comes up tails, you lose $1 but

If the coin comes up heads, you win  $1.50

If all you had to your name was $1, would you - no,
SHOULD you play this game? 

The answer obviously, is a resounding "NO!". The

conditions are way too risky!

I'm basically asking you to play a game where you

have a 50% chance of losing everything you have.
Not a smart move to make.

I hope you're getting the point I'm making here?

So, let's switch things up a little bit.

This time, instead of just $1 to your name, let’s say

you've got $100, and you now have the ability to
stake $1 one hundred times.

Now answer me this, if when you flip a coin once,

you have a 50/50 chance of winning, will flipping
it 100 times improve or decrease your chances of
winning, or will the odds stay the same?

Here's the answer: if you play 100 games of coin

toss, your chances of winning and making money
at the end actually rises from 50% to a whopping
99.9%!
We know this because of a simple mathematical
principle you probably learned in school called
"probability theory".

We use a simple formula in probability theory to

helps us determine whether the expected
outcome in any game of chance will be positive or
negative.

This is known as the Expected Profit Formula. 

Below is the formula:

(% Win x Average Win) - (% Loss x Average Loss)

Please, pay close attention....

In our coin toss game, since you can either only

win or lose, the % Win and % Loss is split evenly
down the middle; 50/50. 

Also, according to the rules of the game, for every

win, you make $1.50 and for every loss, you lose
$1.00.

Using this information, here's what the formula

looks like filled in: 

(% Win x Avg. Win) - (% Loss x Avg. Loss)

(50% x $1.50) - (50% x $1.00) = $0.25

According to this calculation, every coin toss you

make will yield you $0.25. 
So if you were to take me up on my offer, you’ll
have a positive expectancy, and at the end of the
game, you’d make a total profit of $25.

Here's another way to approach the formula:

If 100 trades = 50 wins & 50 losses then:

50 wins    = 50 x $1.50 = $75

50 losses = 50 x $1.00 = $50                      
$75 - $50 = $25

Now, I want you to test this theory out for

yourself. 

Go get a coin and toss it 100 times.

Every time it's heads, write down +$1.50 

Every time it's tails, write down -$1.00 

Tally up the results at the end of 100 trades and

see what you get. 

Now, you probably won't end up getting exactly

$25, but the total will definitely be a little more or a
little less than $25.

Please, note however, that this doesn't mean that

you if went and placed 10 trades now, you'd come
out with 5 wins and 5 losses. 

Remember, in the short term, the outcome of a

game of probabilities is random.
So if you flip a coin 10 times, you could randomly
get tails 10 times in a row, resulting in a total loss!

It works the same way in trading. 

Since in the short term, the outcome of price

movement is random, even with a killer strategy,
at some point you could actually lose 10 trades in
a row!

Long term is when the magic starts to happen.

After placing anywhere from 20-100 high-

probability trades (according to the rules of your
strategy), you'll find that the odds will ALWAYS
even themselves out in your favor.

Now you may be saying to yourself, "I still don't

get why 1 toss has only a 50% chance of winning,
but 100 tosses increases that chance to 99.9%?" 

The answer lies in the average win and the

average loss. 

Remember, according to the conditions of the

game, your average win is slightly greater than
your average loss. 

That little extra $0.50 you're rewarded with for

each trade you win is responsible for that huge rise
in probability.

The implications of this should excite you!

It basically means that as long as the amount you
make when you win a trade is more than the
amount you lose when you lose a trade, you really
only need to be right 50% of the time in order to
be profitable!

How AWESOME is that!?

But what happens if you win less than 50% of the

time?

Let's do the math, shall we?

Say you win only 40% of the time:

40 wins  = 40 x $1.50 - $60

60 losses= 60 x $1.00 - $60                      
$60 - $60 = $0

So even with just a 40% win rate you still don't lose
any money, you'll simply break even!

OH YEAH!

So now, how do we actually apply this knowledge

to our trading?

Really quickly, here’s how:

In order for us to have the same positive

expectancy in our trading as we do in our coin
toss game, we just have to replicate the
conditions of our coin toss game in all the trades
we take.
So first of all, we must:

Predefine how much we will lose when we lose

any trade.

We do this by:

Placing a stop loss order the instant we enter a

trade.

Sizing our position properly so that when we

have a losing trade we only lose a small percent
of our capital.

* Obviously, you know the drill; never risk more

than 1-4% of your capital per trade.

If you're new to the disciplined trader life, I suggest

you start with 1% and work your way up to 4%.

Second of all, we must:

Ensure that for every trade we win, the amount

we win is always more than the amount we
risked.

So say you're risking 1% of you account, your goal

should be to make back 1.5% or more.

This as you may know is something called "Risk

to Reward Ratio" (RRR).
Using pips as an example this time; if you're risking
10 pips, your goal should be to make back at least
15 pips, giving you a 1.5R return.

This means that you made back 1.5 times the

amount of pips you risked.

I hope this make sense?

And remember, NEVER take a trade that presents

a RRR that's less than 1.5R.

You always want to get that extra .5% to ensure the

odds will be stacked in your favor in the long run.

Aaaaand there you have it folks! That’s it!

That’s the stupid, simple “secret” formula to

achieving consistent profitability in the markets!

It may not be as sexy as the latest Ichimoku

Gartley Fart Fibonacci pattern strategy, but it
certainly is the real deal.

Becoming a risk/money management Jedi is your

ONLY ticket to joining the big leagues! 

So you’d do well to start loving it, learning it,

practicing it and MASTERING it!
If you put this valuable information to good use
and invest your time and energy into it, you’ll be
consistently profitable much sooner than you
think!

Until we speak again,

Stay profitable,
Mikora

WAIT! BEFORE YOU GO, I'VE GOT A GIFT FOR YOU

If you found this guide valuable, I invite you to join

me for a totally free, no obligation, 30 minute
"Consistent FX Profits" strategy session.

It doesn't matter if you have no prior experience

trading FX or if you've been trading for a while.

The only requirement I have is that you must be

actively trading but not yet consistently profitable
OR you're a new trader willing to actively trade.

No dabblers need apply please!

This opportunity is open up until the 21st of

December (Saturday).

CHECK NEXT PAGE FOR DETAILS

Here’s what we'll get up to on the call:

To kick off the session, I'll do a turbo audit of

where you are right now in your trading career
and where you'd like to be.

We'll then move on to isolating the obstacles

holding you back from achieving success. (This
is SUPER powerful).

We'll also have a short Q&A to get any questions

you may have about becoming profitable
answered.

At the end of the session, you’ll get a free quick-

start action plan that'll help you get started on
your new path to consistent profits.

There are only 20 slots available and they will be

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And no, this is not a marketing gimmick. As you

can imagine, it’ll be exhausting for me to do more
than 20 sessions in such a short amount of time.

Don't miss this incredible opportunity to start the

new year off with a BANG & have your BEST
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Talk Soon! :)