Traders and welcome to what I hope will be a motivating and inspiring interview with one of my top performing students, Paul, a little bit of background on Paul, he's been a student on the Learn to trade the news course and daily mentoring service for several months now. And it's in a sharp improvement in his trading results. It's actually it surprised me quite a lot just how impressive this transformation has been. So what I want to do in this short video is take the opportunity to interview Paul for four key reasons. The first one is to celebrate his success. I want you to all hear about how well he's doing and to get that from the horse's mouth.
Its success stories like polls, which gives me the greatest satisfaction and as you know, my main motivation behind wanting to train as well as trade is to help others succeed in a similar way to Paul. Secondly is to add some personal social proof as to what you can achieve through our training programs and a little bit of hard work. Thirdly is to answer any commonly raised questions And challenges and concerns. And then finally, and most importantly, is to use the interview to help inspire and motivate other traders to do exactly the same as Paul, and to take giant leaps forward in your trading progression stroke journey. So without further ado, let's get going with the interview. And a few questions that I've lined up for Paul.
And so first and foremost, Paul be great to to have a little bit of information about yourself with regards to your current occupation, and a brief trading History Prior to working with myself and springboard your trading. But before we start, just wanted to say thank you very much for taking the time out of your of your weekend to do this. It's much appreciated for myself and no doubt the subscribers that are listening to this video as well. Yeah, I mean, my background, I'm currently a full time employment. So I'm an IT technical consultant doing software development really put in a genome as I told you before that I've always gotten, you know, I've always had that A real strong appreciation of what's been trading predominately because I used to do like, investments through the bank says I spoke to yourself better. And it wasn't the fact that I didn't want to invest with the banks anymore.
I'd rather take charge of my own finances my own financial career, to be honest. So it's that real, that driver that's really got me into the passion of wanting to trade and obviously through that through technology, it really opened the doors for normal people to be able to get into the trading market. So that's really why I wanted to get into trading. And to be honest, I aspire to become a full time trader. That's my real passion. That's where I really want to go and obviously, trading your style is something I believe can get you that way.
Fantastic. And regards to your your education, your or your historical education from trading education perspective, you mentioned that you've you've mainly focused before we work together mainly focused on the technical side. That's correct. Yeah. I mean, predominantly, I was purely just a technical trader. And I've been trying since like the end of 2014.
So not really a great deal of time, but I mean, ultimately was just a Technical technical stuff I didn't even know the concept of fundamental trading to be honest. In technical yeah and and how were things for you from from a results perspective so you obviously learning the technicals pure technicals. How are things going for you by trading technically in the early days for me to projects or was always a bit of a strength and one millimeter you could set up a fantastic technical opportunity there presented itself It was great and then all of a sudden for no apparent reason the technical trend which is totally go against you, and then you just get started. And I always think Well, what's happening what why, you know, why is it moving that way? What look beautiful, Technical High Tech bar going down perfectly. And then obviously, it's quite high a takeaway, but then continue for some reason on it on the trend and you'd have been picked out.
That was always a thing that was always annoying to go on, except consistency with the technical side of it purely technical. I didn't find that was consistency. You could just learn to trade for notes. Ruby's fantastic, okay. Well, how was obviously you mentioned before that you've, you've started to pick up the way of, or the style of trading that I've been teaching you over the last few last few months. And that's mainly from a fundamental perspective, it's not ignoring the technicals, but it's introducing the fundamental side of trading.
How have you find that learning about the fundamentals has helped your your trading progress, I suppose to really sort of demystify trading as a whole in general, to be honest, between cleared things up. I mean, you know, it's black and white, there's an economic event, you look at a chemical event, you plant things on a Sunday evening, you know, it's the week ahead. And then as long as you try and plan that you put it into, you know, into practice comes out, it's on the dam, then you just go ahead with it, and it's just literally moves in the direction that you wanted. So for me, it's there's no more technical what would happen when that happened, if the result comes out. It's a decision that's already been made, and you just trade that event. So it's quite really and then it really is consistent.
Wonderful. So it's just giving you a little bit more clarity as to why the markets move in the way they do. Definitely. I mean, before it was just like, say it was just purely looking at charts. It was like, sort of I know you've mentioned a bit like magic white, why does it give you never appreciated why the markets were moving the way the mood you just looked at a technical pattern? I thought, great.
I'll try that pattern. When then you look basically for a fundamental reason. I mean, we've got some great fundamentals this week, right. And on a technical basis, it would have probably gone against the grain, but from what's happened on the fundamental market, you can see exactly why it's done. So that really demystified the reason why the market moved away. So would you say that the markets are moved more by fundamentals or more by technicals?
The results from fundamental trading, it's a fundamental reason that makes the market move. And do you dismiss your technicals now, or do you use them in supplement to learn from a fundamental perspective? Definitely, I mean, I wouldn't I don't give up on the technicals because you can see before coming in at rifampin And that is that price action will move its way towards what may happen on the technical analysis. So, as the market moves itself, it will then just open up and the economic event breaks and the price action is set itself ready for that announcement. And often then you'll get low to high test bar appearing when the majority of the analysts presuming the markets going to sell off, and then it will just happen. So you can see the technicals forming at the point of the economic event on the hourly timeframes.
So now you can clearly use them in combination with each other. Fantastic. I think that's what I've tried to stress yourself for and others is, we don't have to dismiss the technicals we can, we can still use them but the technicals are more from efficiency into the market from a timing perspective. But before that, it's really good to have a solid fundamental reason in terms of the currency pair you want to trade and the direction you want to trade it in, and then the technicals on top of that just help you with getting the efficiency into the markets time and time. and time again, I've seen how technical levels will be fantastic, and will be very responsive and reactive up until the fundamental news event happens. And then the technicals are completely blown out the water.
So doing one, trading technicals purely for me, I feel is a very inconsistent way. And as your results have shown, moving along to the fundamentals and combining that with your technicals, you've been able to iron out the inconsistency in your results. So that's really, really pleasing for me as your as your trainer to see. Well, definitely, no, I agree. That's exactly what it's done. For me.
You know, the technical analysis on its own was just, it's just too inconsistent, looking at fundamental reason, setting yourself up off the back of an economic event and like saying, just get into the market at a fantastic price. It's, you know, it's been some of the best trades that I've done, to be honest, and it's really given me that consistency. Wonderful. And I think that's the holy grail for any trader, isn't it? It's consistency. It's no good having a fight.
Percent month followed by a minus 5% month, we want to just be consistently making those profits every single month so we can compound our accounts. It's very, very frustrating to go to the all the hard work of making, making a return to then give it back next month when the technical stop working, stop working as effectively as they did the month prior. I agree. I mean, without consistency, you have a lot of confidence. So consistency gives you the confidence and for me the economic events and trading them on the black and white analysis is what really allows you to trade and to have that confidence and conviction to place a trade and that's really what no fundamentals done for me. Yeah, I think you've hit the nail on the head there because confidence can't be underestimated.
The importance of having confidence is so important to a trader because it encourages you to push the button and to obviously stick with your trades through to seeing a profit on most occasions. So confidence is a massively important thing. And when you understand why the markets moving the weight does, you're more likely to be confident in holding that trade more so than The technicals which are a little bit more black magic as to why they work. So, you've touched upon a really, really important point there. And would you say your confidence has grown significantly since learning about the fundamentals? Please, I mean, that's, you know, you know, my, my main drivers to move towards becoming a full time trader, what I wanted to move to full time trading as a technical trader, me personally now because the consistency wasn't met.
And often when you set out on that journey of becoming a trader, seeing your results fail for no apparent reason technicals gives you that mark in trading really happen. But obviously, as I'm seeing they're working with yourselves for the past few months trading purely on the fundamental side of it is really giving back and get actually trading does really work. And this is the way what I believe in from reading various things. You know, articles you've sent said, this is the way the banks trade, and if so, what they do, then it's the way you know, we should try. Yeah, that's a really, really good point there because I know you're you're aspiring to be a full time trader and I'm sure it's Not gonna be too much longer before you're able to to do that. But when you're making that transition from working full time and getting a salary from your current job to then considering doing it full time, obviously, you've got to be fully confident in your ability to consistently make money from the markets.
And with technical training, of course, you're going to be very, very nervous to make that big step whilst with the fundamental aspects added in, you iron out the creases in your in your consistency. And that gives you the confidence go No, actually, I'm very, very confident most months I can squeeze a profit out. I just need to get to the point personally where that profit more than covers my bills and gives me the the additional profit on top to obviously, yeah, to give me the disposable income that I'm looking for trading to bring me. Definitely I mean, as I said, if that's the main thing for me, it's just, it's all about trading and to the 1% rule. And so for me really just about generating a pass. I don't feel now that I don't have the skills I feel the skills are there.
I've traded twice the amount of losses that I've took on it I know you'll go mad about this one, but I really they're very, very for me personally very infrequently. It's every trader place is pretty much guaranteed win. And I know you can't become complacent in the market and take that on. But fundamental really has given me that, you know, competence and it's gone. And from my trade plan the way I've traded, either The decision comes in to try to yes or no. And then based on that decision, you either place that trade and that's what's really given me that confidence myself.
Yeah. Wonderful. So you've obviously gone through the the course the online learn to trade the news course. And you've done other courses in the past, mainly from a technical perspective. And I think there's many guys probably listening to this video that have done a similar thing that have taken technical purely technical based courses. How does the Learn to trade the news course compared to the other courses you've you've attended?
I mean, what is it I wouldn't dismiss any of the courses that I've taken and every course as a trader is, you know, always going to add knowledge to your skill set. So every course that I've done has always given me more insight. more openness to the markets. But again, like I've said to you, it was when I took the front, you know, trading the news court that really opened me up to the fundamentals. And it was my first introduction to fundamentals and it's, it's just become so clear and you know, it's black and white now and it really is the way forward so much so that as you know, I've recommended in other colleagues who have been on the same technical courses and myself Yeah, yeah, no, definitely that's the the highest form of flattery from from my perspective is when my students are recommending the course to other people because that that proves to me that it's that it's working for them that they are then that confidence go and suggest it to their, their friends, their peers, their family, etc, etc.
So no, that's, that comes as music to my ears. Definitely. I mean, the guy who recommended as well he's he's also getting the same similar results to me now, I've been been trading technicals, to be honest, a lot longer than me from what from what I understand, but now he stepped onto the fundamental side and it's producing the same result. So there's something there. So he's brilliant. Yeah, wonderful.
It's absolutely brilliant to see now in regards to value for money, because I know this is a hot topic of conversation amongst people that are considering doing the course is in regards to value for money, how would you rate the course, the Learn to trade course, and compare it to others that you've taken from a value for money perspective, because that's always one thing that I personally find a bit of a challenge is where to price the course because I don't want it to be free. Because I don't think people commit to something as much as when it's when you pay for something, but I don't want to be so expensive that it makes it almost impossible to make a return on your investment. So what would your thoughts be having invested in other courses? How would you say it's value for money? Well, yeah, because obviously when you start a new trader, you look for what you feels good, good course based on reputation, and if what you read read on blogs and things like that, yeah, to be honest, that your corpse in general, is a fraction of the price that you have the cost of Taken.
So all the other courses have been significantly, if not 10 times the price that I've paid for your course. And what I have bought 10 times the results of their course No, but I've got 100 times your course. So value for money, it speaks for itself. And it's extremely cheap, to be honest, your courses what this is great for, you know, great for me because it allowed me to get on there and do it as well because it's all about putting that investment in, but it really gives you that chance to get your money back. And I've seen I've read a few reviews that people have said on the courses lately, it's really true, you've only got a place a couple of trades and you know, you can get your money back after after one trade. Obviously, that's dependent on what you want a percentage of your account.
But you know, at the end of the day, it really is there that you will get value for money and you will get a return on your investment. Not like some courses where you probably have to trade on a small account a couple of years sticking to the what they teach you on the course is the 1% rule before you can even get your money back. So now your course is definitely value for money. Brilliant. Fantastic. Okay, so moving on to now the practicalities of learning to or trading fundamentals is theirs I get a lot of questions and concerns and challenges from, from other traders that they can't physically or they don't physically have the time to trade these news events.
And a bit of a misconception, from my own perspective, because news events are happening all the time, but I just wanted to get your view on it because you work full time. But you've still been able to take advantage of these news events. Not every single one, but the majority of them. So what would be your response to people that say they're, they haven't got the time to trade the news? Or wouldn't feel like they'd be able to take full advantage of the course content and that style of trading? I mean, today's the course content and regardless of whatever timeframe you're trading, whatever background you are from your employment, the course itself will give you that insight to what fundamentals is.
So that's one thing so they could park that question. And so definitely, I will understand and all their fundamentals. Yeah, the time is when the components of play. Now obviously, most people, not work nine to five So there are a lot of events break in between the ages of nine to five. But you know, as you pointed out, that will happen. That's the way.
But there are also events, right that that I've already made tired of those areas, like, for example, from six o'clock to quarter to 1110 o'clock that time things, and the New Zealand currency pairs. So you'll get a lot of events that break at those times where you can try it as well. I mean, to be honest, I've had some as well pointed out to yourself, I had some very good results trading off the New Zealand pairs, and which is one of the good pairs No, because obviously it's a weak pair at the moment. So that's one of the currency pairs, I do look to trade those events. So now, there will always be economic events broken all around the calendar around all the timeframes. So definitely, you can put you know, you can place trades as a fundamental trader using your course.
Fantastic and as you've seen from some of the trades that you've physically taken is, you don't need to take that many trades to generate quite a nice return because some of these moves are are 50 to 150 pips Within a few minutes, so that's with the risk management tool on the course that's anywhere between half a percent and one and a half percent per trade. So two or three of those per month and you've got a nice little return there, haven't you? Definitely, I mean, some of the best friends I've taken and they happen within like 15 minutes. You know, you trade you place your trade, and it's not like a technical end of day trade where to move, you know, 50 pips or 100 pips on end of day trade can seem like ages because you've got to wait for that end of the day to close next bar to appear.
But we're on trading a fundamental approach. It's instant, really, you know, we didn't want to talk about two hours or three hours, it seemed like a journey to get there to make the pips for someone going from end to day. That's like, you know, anyway, to be honest, but yes, most of the trades most of the big moves, and that obviously, I've talked to you about happened within the first hour. So yeah, but you can't underestimate how important that is on the psychological side of trading the emotional side of trading. I think we've discussed about this Many times is that I used to be an end of day longer term trader. But as I've gone on to trade larger, larger sums of cash, the stress has naturally gone.
The stress of trading as naturally increased. So holding a position for longer means you're stressed for longer was getting out of a position within a few minutes means that you take the pressure off yourself quite quickly. And I think that's something that can't be underestimated, because trading success is very much Reliant in terms of the the resources you have, but also how mentally strong you are as well. And as a trader, you want to be reducing the impact of your mindset or the stress on your mindset as much as possible. So having the ability to get in a trade and maybe 1010 minutes later, half an hour later, One hour later, you've exited for a profit means that you're now physically out of that trade. And the stress has now been dismissed or reduced somewhat because you no longer have risk on the table.
So that point cannot be underestimated to be able to take a profit in a shorter period of time. because it reduces the impact of the stress on our on our mindset, which we know, every trader knows, can cause detrimental habits that cause you to interfere and, and, and act on your trades in a in a in a negative way. And you're very much sort of try to as an intraday trader I know you shouldn't but you do it's just natural instinct when you see the markets moving you think, Oh, is it going to pull back? Am I going to lose some profits? So you end up micromanaging your trades where, again, as you say, based on their economic event, the way you teach the the executing the trade on the course, you just place the trade and within the AMA, it's pretty much what it's called, yes or no, if you haven't gone you can get further pips and stuff.
And when I look at some of my trades and trading on site, you either made two or three times the returns. But at the end of the day, it's that having that you know, that confidence that the trades are on its move it's magic property today it's on the table. Best thing is often is to take it or to stop up close and let the trade run but it's a free trade on the top. So there's different things you can take but I just love the way That you can find the money to take off the table. It's there, boy. Yeah, absolutely.
And there's no there's no harm in in holding positions for longer for several days. The only concern I have is because as you've now found, when you've moved from your technicals, to your fundamentals, you're seeing the huge reactions, you get to certain news events, likes of interest rate decisions, the likes of QE programs, the likes of just language from the central bank, you've seen how much of an impact they can have on the market. So the longer you hold a position, the longer or the more news events that trade has to go through. And the more likelihood there is of that trade being impacted negatively, which causes you to move from a profitable position to a negative position or even being stopped out by a news event. So the longer you hold a position, the more news events you have to navigate through which makes things a little bit more challenging and tricky, but if you use it An event to trade off, and you're in and out.
You've got nothing in the way of that particular trade. So that's where it becomes an advantage as well to take profits quite quickly. Definitely no, I agree fully. And that's what I do. I mean, like you say, it's always nice to everyone can make a lot of money on top trading, but it's always nice to have your money banked there and then like it's literally trades on and then within an hour the trade off. And will there will there always be another tray just around the corner once you come out?
Like we saw with the Euro this week is the actual ECB announcement created some bearish sentiment on the Euro on Thursday, then on Friday, there's still some some opportunities to jump back into that trade as well. So banking profits is probably one of my biggest challenges because I always seem to come out well, far too early. But I'd rather be a trader that has banked profits and is looking for another opportunity rather than one that's scratching the head going wide. Did I leave that? Why did I leave profits on the table and end up taking a loss? I mean, that was a great trade as well from obviously I wasn't there at the time I was at work.
But at the end of the day, on the night time, you could come back, you could look through the charts, you could look for a technical entry on a pullback, and you could still get into a trade. And I mean, that's what I, you know, for myself, try to try the app. So the event is gone. But because it's such a strong sentiment, and it was still not, then there was still chances of an evening to get in on that trade, looking for a good life. So looking at your technical skills, getting a good entry on a pullback, and then still taking the sentiment on that trade and defined knowing about the fundamentals like you just said there you very much honed in on whatever currency pairs, which are moving the most based on the fundamentals you have you found that that's helped you become more time efficient with your trading rather than looking through 100 pairs looking for technical entries.
Actually understanding about the fundamentals goes actually there's no point looking at any other currency pairs because the kiwi is massively weak today, so I'm going to concentrate on that because there's solid reasons why that weakness should continue or there's strength on the pound or their strength on the dollar. Definitely it sets you up straightaway when you're having you know, when you come to the charts and the night to, to what you should be focusing on. And if you just had some great moves, because, you know, saved the cat week because of what's going on the oil inventories, you'll just look back and see if there's a technical setup based on say, buying pound cat based on that news, because you know that just have a dot a result comment, so then you can try it effectively. And it can give you that confidence that based on Yes, you've got a fundamental reason, which is the key driver, and then you've got your intraday technical setup.
So you can just run to profit with the trade, and it gives you that conviction type of trade. Fantastic. Now, a thing that's raised quite often is I get few traders going that they don't feel that the fundamentals or they've been told that the fundamentals and the news are not important for their trading and they should ignore them what now that you've made that transition from technical to fundamental and now combining the two together, what would you say to traders that have been told, ignore the fundamentals. Look at my own perspectives of why and say Learning providers, I would choose to say that the fundamentals are on the way forwards. But for me personally having having played them out and coming from a technical background to doing fundamentals, for me, the consistency and the returns and the results, it's got to be fundamentals. So any trader who says, Don't apply fundamentals, I think they'll have a lot to see what their their results are, because I don't personally feel they'd have the same level of consistency as a fundamental trader.
And ultimately, when you look at the knowledge of what the banks trade, if you asked a bad credit, technical trader or your fundamental trader, I think that itself speaks for itself, right? They'd come out and say that their fundamentals all the way Yeah. And yeah, like you, I understand why certain people are apprehensive or companies are apprehensive to, to talk to people about the fundamentals because they can sometimes see a little bit intimidating. A little bit scary. What would your thoughts on that being would be? Because you maybe came into thinking about the news wars?
It seems a bit complicated. It's a bit intimidating. But you've obviously gone through and you spent several months now really honing your skills on the fundamentals. What would you say to people that are a little bit worried or intimidated by the fundamentals? Is it as scary as it seems? No, definitely not.
I mean, I think from a fundamental time, I think you've got to, and this is today. For me personally, if you want to survive and become very good in the markets, and you've got to have a passion, there's got to be a big wind. I know you've mentioned it many videos before, there's gonna be a why to your trading. And it's that way that'll allow you and spend the time putting the arrows in to get into the fundamental mindset. Because technical courses are often and this is no disregards technical systems, but they will look for flashing lights. So anybody can be trained to be a technical trader.
If the light flashes by you click the buy if the flashes for sell you to sell. So from that perspective, technical seem to be the easiest way forwards Well, fundamentals you've got to have, you've got to have that passion, you've got to have a drive behind yourself. And ultimately, that's what you need as a fundamental trader. But is it harder? Is it more difficult? No.
In fact, it's a lot less difficult in my opinion, because it gives you confidence. You visuals don't blow based off an unknown event, do you think shuffle was that technical system just failed for whatever reason, it's just has a fundamental, you know exactly why and why the market moved in that manner. So for me, if you want to be passionate about trading, you really want to be consistent and get the results, then, you know, putting a bit of time to read about fundamentals to understand the fundamentals pays dividends. And to be honest, Tom, when you look at your course, you've only got to read the emails that come in, and that will really boost you up to find out what the fundamentals are about and agree and the way you come across you'll have your own personal analyst in the market. So you sort of spoon feed the information, and then it just delays us when you show the progress to go on and then explore the market and get you out a little bit impatient.
The information you provide. So it does work for you as well, to be honest, fantastic. That leads me nicely into the the next point is, you just touched upon the daily mentoring because you're subscribed to that as well. And that's something that I'm very, very proud of, because this is, as you say, it's like me, putting myself in the form of an analyst, the bank analyst where I'm sending out three reports every single day and then doing a summary in detailed market summary video every single weekend, because I feel that it's important that you guys tune in to the markets. Yes, it's not spending all day every day at your charts reading about news, but it's doing a little bit of reading every single day. So that you tune in to the markets and you know, what is moving the markets, which currency pairs are the strongest and the weakest, etc.
And that you a lot of the hard work is essentially done for you. So how is how is the daily mentoring specifically helped your trading alongside the theoretical side in the course. How is the daily support helped you in your annual trading? Well, definitely. What does it mean in the big Give him as a new fundamental trader, you sort of point us in the right direction. So because you'll look at what's moved, you'll do the Iraq you'll do the daily wraps your preparation nightmare.
So ultimately, you're sort of spoon feeding that knowledge in the early days, and you'll still continue to grow that information. But for me, it just gives me the threads then to follow and to take it and to get on even more books. So for someone who just have, you know, needs to be more effective with the time the matron saves that we provide is more than enough to be able to become successful at doing what I do. If you want to take it to the next level, and really sort of progress yourself further. It's then obviously doing what we do in there where we work closely together this way. And that's really, for me, that's really fine tune my trading there.
And it's ultimately given me the results that I want. So there's no way you can underestimate the level of support that you give through those daily mentoring emails and the weekend wrap. Again, it's a fantastic thing, just to just you know, yes, they're they're nice, detailed videos that go on, and I think it's going great in terms of the content that's shared there. I think anyone who watches them would think it's worth its weight in gold, to be honest. Fantastic. So a very, very obvious question that many people will ask is, how's the the course learnings and the mentoring translated into real profits?
So like physical cash because you already talked about your consistency improving but has that translated into real profits and and how have the results been going for you as a comparison to what you were doing prior to us working together? Obviously not looking for physical monetary amounts, but just in general, how have How have the results been? Yeah, definitely. I mean, we've got technical trading before Yes, I would get a nice curve of getting some nice results I would get some good positive wins, but it'd be like two steps forward and three back and then one step forward and then you know you'd questions of why did that fail what what happened there with fundamentals it's been a perfect like, as we discussed what it would be, literally a nice steady, you know, chartered climbing up there, from permissible and stay progressing that to a very nice return to me.
So yeah, definitely proved real results. And you mentioned that in regards to your success ratio, that's been pretty high. Yeah. Because that's the me that can't be underestimated. I know, I recently put a blog out talking about how a success rate of your strategy is very, very important. Because if you're losing quite a lot, that's going to chip away at your motivation, your determination, your confidence, or your belief.
Whilst if you have a higher success rate that's going to do the complete opposite. It's going to build your belief, build your confidence, build your motivation. So you mentioned that your success rate has been pretty, pretty high. Yes, definitely. I mean, before I from a technical, I was getting some nice returns, I was getting some good results. But then, like say you could just drop back, but with what I do now and the fundamentals, it's just it's a it's a positive result.
I mean, like I say, I've got a very, very few negative traits since I've been doing the fundamental trading and I know you curse before it went Say that your sample will be warmer in the corner. But to be honest, it's just been win after win after win. And I'd like strings or 14 wins in a row. And then I've had, I haven't had a loss, I've had one where the trade plan just didn't connect, so I just didn't volume to market or sell it to the market. So for me, it's just been resolved win after win after win. So yeah, I think that's wonderful to hear.
It's absolutely brilliant, cuz that's most important to me is that the physical the students and the clients are starting to see a real return on their on their investment. And that's really, really good to hear. And I think the the approach of the strategy Taught In The Course, is all about even with the trades that don't quite work out. They probably end up in a small profit breakeven or a small loss, it's very, very rare to hit the full 1% loss on a on a trade so that that that meaning that even if you do have a bit of a bad patch, it's not going to really translate into a very damaging loss. Boss with the good trades they're going to generate You're 50 at 100 pips and quite quickly to more than cover any losing trades that we have definitely not that that'd be great I mean like I say I've had some very nice positive wins and yes I haven't liked myself I haven't let them grow and I haven't stopped you know kept them going for days and days cuz I looked at one trade and with hindsight trading he could have made like a 4% return because he carried on running for literally days after but for me it was that conviction of getting in get you know, placing the trade and taking results and like you said, you don't have to navigate around negative Well, what could potentially be are there negative news events coming out to to sort of fluctuate and also the direction if you trade so for me it's that getting in and getting it straight away and taking a real profit.
Fantastic what what's been your best trade to date doesn't necessarily have to be the the the return that you got, but could have been maybe the speed that you made your profit in or whatever is any any standout trades that you've had recently that you can tell us about? Yeah, basically I sold the pound US dollar and a pound and I sold the pound, Ozzy. And that was off the back of the neck opposite an economic event and the pound dollar. And I took half a percent on that one. And that will take 15 minutes. And I was looking at 1% across the board, because that's sort of just trying for a mistake, because I knew time was against me was the June day trade.
But I've got to be asked where and then when I hit half cent on both trades into a 1%. I close both trades down. And that's what I aim for. But the only other left the Ozzie pay and trade money. I think it went on for the full four days. So it would have been something like a 4% return on that single trade.
So for me Yeah, that's been that's been a real nice trade. Yeah, and I think the most important thing is that you don't necessarily it's not the size of a winning trade. It's the consistency in a number of winning trades over a month, six months, 12 months. That's the most important thing and that's clearly what you're what you're you're seeing since you've really started to hone yourself On the fundamental side of things, definitely, definitely, I mean, it's just all about consistency. It's the consistency that's giving you that conviction to place trades. Take trades now.
And it's what's given me that sort of before with technicals, it was a case of, as you know, I always wanted to move into becoming a full time trader, and that's my main passion. That's my main drive and what I'm doing in school, and then looking at technicals, it's like, well, you could be there trading one day, and you could end up blowing up quite a few trades, but with the fundamentals, it's never given me that consistency. So truly given that, yes, I can, you know, move on from becoming just a retail trader into what could be the same Gestalt either as a bank and becoming a full time trader do. Amazing. Okay, so final final question is, what would what would be your advice, just a couple of points of advice to those traders who are currently in a similar position to what you were before we started working together, ie having inconsistent results.
Those that are struggling with their trading and are a little despondent and not sure where to go from here, what what advice would you give to him from your own perspective? Well, I definitely say to follow everything that you say on your blog, because I mean, you give a lot of information out there for free. And you can trade a lot. And a lot of the information that you give there can get you up to speed with how to do trading. But then if you want to really take your trading to the next level, and I would definitely subscribe to the lens trade course. And ideally, if you can really go that next step is get onto the one to one mentoring program, because it will give you consistency in your results.
And, you know, it literally does what it says it will provide you that consistency. And that's the holy grail of every trader. Every trader wants consistency in their results. So we'll demystify the black magic, purely just thinking why the technicals broke for no reason. I'll give you that clear conviction to place trades and you'll get that return. So I just think it's fantastic.
And I've always, as you know, I've already recommended people to your course and they're getting similar results. So I would say to anyone out there, just, you know, bite the bullet. Go for it and Bill speaks for itself. Amazing. Fantastic. That's, that's absolutely wonderful and you've touched upon your future trading goals you say that you want to be a full time trader.
So that's that's wonderful to hear as well. I've personally been on that journey having moved from full time marketing role to a full time trader. So I know it's possible. And I'm seeing huge leaps and leaps and bounds in your in your trading performance. So I'm sure it won't be much longer before you can can be a full time trader and start to realize that and give you anything else that you want from your from your trading journey as well. Okay, cool.
So we're going to wrap up there, but just to just to finish really, I just wanted to point out that it's, it's important to point out that that poor success hasn't been a fluke. It hasn't been lucky markets. It's been down to his commitment, dedication, eagerness to learn. I've not known someone so eager to learn, ask me questions every single day, and a single mindedness to succeed. I think it works both ways. Yes, I can bang on all day.
About how Crowd I am of my course, and, and the mentoring but I can lead a horse to water but I can't force it to drink. However, if I can work with traders who are eager to learn and are prepared to put the work in, then I believe that they can get to where they want to be with their trading and polish shown and achieve some fantastic results in several months. So it hasn't taken that long for him to get up and running and up to speed with the fundamental side of things. So he's proof in the pudding. I'm going to look to do more of these interviews going forward, because I've got several other traders doing incredibly well and want to share those success, share their success and obviously help to inspire you guys more. But I'm going to wrap up there.
If you have any specific questions. I actually haven't asked Paul, if it'd be okay with this. But Paul, would you be okay, if anyone has any specific questions for you? For me? for the month you? Definitely that's fine.
Yeah, no problem. With trading, the first thing is you want to get that information, that knowledge and definitely the journey for everyone. So I'm more than willing to help them, you know, help people. That's brilliant. I really appreciate that. So we're any questions send them into myself at Tom at springboard, your trading Comm.
And I can forward them on to Paul and make sure that those get answered. But hopefully you found this interesting and no doubt we'll speak soon on the next video and I'll catch you soon. And Paul, thank you so much for your time. I really, really appreciate it and we'll catch up sooner. Thanks. Cheers.