I  receive many questions regarding the PHD Method style of trading.

I've narrowed down the answers to the most popular and in a short a sentence or two as possible

I'd also like to state that I tell it as it is, so if you're looking for some get rich quick scheme or a simple answer to successful trading or some magic then I suggest you carry on looking at the minefield of crap that arrives in the average traders in-box on a daily basis. I still get 10+ per day no matter how hard I try to unsubscribe lol, most of the companies that fire them over are one and the same and most have one thing in common, they're pushing Robot's, EA's and sit back and relax style trading and I can assure you they don't and will never work.

You must learn to trade, you must learn to drive your trade not just steer it. Remember the Dodgems at the fair, they just steer. Drivers check the fuel, Oil, Water, Tyres, Mirrors, Signals, Handbrake and the traffic, trading is no different. Choose to steer a trade and you will burn out eventually, choose to drive it and you will not only prosper but you will prosper for as long as you continue to trade and with ease, confidence and professionalism. Can you name a profession that the professional hasn't had to make great effort, time and commitment in order to succeed! Take a look at your present trading stance if you're failing because trading is a profession and effort is required, not intelligence or mathematical genius, pure effort and determination to succeed.

I'm very proud of the fact that any business I receive is through word of mouth or ruthlessly searching the WWW. I don't spend a penny on advertising or marketing choosing to trade with a booking coming in here and there if someone happens to find me. Take a look at my site, notice anything different to 97% of the trading sites out there? The answer is I offer nothing more than what I actually do, no affiliations, no trading DVD's or Books, no one else's methods etc. Most sites are there to take money from you in one way or another and they're exceptionally good with their marketing skills, me, I have no desire to be. I'm happy to be on about page 10 of Google where no one looks because I know if you discovered me it was through effort or recommendation.

What time-frame does the PHD Method use: I teach you how to use the 15 minute with the hour for confirmation. Once mastered some choose to drop to the 5 minute with the 15 for confirmation. 

Is it suitable for intra-day trading: It is a day trading method, not news related or scalping, day trading.

In what ways can I be shown or obtain the PHD Method: Several choices. You can visit me at my office in Worcestershire, you can be tutored on-line, you can order the PDF version or I can come to you.

Which is the cheapest way of obtaining the PHD Method: You can purchase the PDF version for £295, that's ridiculously cheap for what you get and my after-care service too. The stealth is not included but many already have it, you can purchase the ' cheaper version' directly from stealth or you can manually input the levels.

What is team-viewer: Team-viewer is the medium I use to teach clients unable or not wanting to visit me but still want 1:2:1 tuition. It enables me to dial in to your computer and show you the PHD Method as if you were sitting right next to me. You issue a password and I get access, once the session is finished it is impossible for me to access your computer again unless you give me a new password. Those living outside the UK use this all the time of course and so it has been thoroughly tested and proven to be a superb service to use.

Do I need Skype: If taking an on-line session then yes but full set-up instructions and guidance is given well before the session commences. You don't need a web-cam as all we need it for is to talk.

Do I need 1:2:1 tuition: Great question and only answered by how best you absorb information. Are you better self taught or being shown. Are you particularly inexperienced or have too much trading baggage. Are you new to the trading world and want to get it right from the start and so on. One things for sure you can't beat 1:2:1 personal tuition but only you can decide what will suit you.

Can you only trade the forex markets: You can trade whatever markets you're comfortable with and understand.

What makes your service/method different to others: I tell it as it is and with that in mind there isn't any robot, EA or signal service that is going to make you a trader. You MUST learn to trade or fail. Is there a profession on this planet where the professional hasn't had to work hard and install discipline in order for he/she to be successful! Trading is no different. The scam and worthless/useless systems out there in abundance do traders/services like me as much harm as they do you. With me you get the cold hard truth, then it's up to you. You can carry on throwing money away at a dream or get stuck in. The beauty of trading is intelligence doesn't play a part, discipline and effort do.

Do you provide a check-list: The checklist is your trading bible. The PHD one was developed to be chart based and unavoidable. You can also add to it so if you have annoying poor habits so it's there in front of you as a reminder.

Can you provide anything to help with market awareness: I have trading range and divergence softwarel. It's free to PHD clients.

Do you have set criteria regarding risk: Yes of course, only 1-3% of your account will be at risk at any one time.

What is the average stop-loss, in pips, for a PHD set-up: Between 15- 35 pips.

What is the average target, in pips, aimed for: Minimum 1:2:1 to begin with. If you  risk 25 pips you are taught how to identify a minimum 25 pips as your target.

How long before I go live: When you're good and ready. I have a 3 stage process to get you there and if you adhere to it you'll go live quicker than trying to skip steps.

I only want to trade part time, is that possible: Very, full time, part time or just now and then it doesn't really matter. Not everyone wants to be a full time trader.

Are there better times to trade than others: Yes, when the market is moving or expected to move is the most desirable. I teach you to recognise this.

How long does the training last: Depends on option chosen. 3 hrs is generally enough for most but you can have a longer session. Just enquire and I'll tell you honestly what will be the best for you.

Is there a PDF version: Yes and you receive the same level of after-care service too. My after-care reputation is deserved.

How long after the session is completed does your after-care last: Forever and a day lol. It stops when you don't need me anymore.

What is the minimum sized trading account required: Doesn't really work like that. Some have thousands others a couple of 100. It doesn't matter as it's percentages and growth that count.

Are some trading sessions better than others: Generally the London session is the most reliable and easiest to trade but I have traders on every continent that trade whenever it suits them.

Why do you think so many traders fail: Easy one to answer. Some choose to drive while others choose to just steer. You must become a driver or fail. Also understanding that leading information is King  not lagging information.

Is it a trend following method: It is. I use the term ' earn your stripes first' quite a lot in my training. Until you've earned them and can make money consistently with the trend you haven't earned the right to trade against it.

Do you teach how to trade against the trend: I do to those that have proven successfully trading with it. They've earned their stripes and so I hook up again and teach them for free.

Do successful traders have common traits: Mainly routine, same market{s}, same times, same days, same habits day in day out until it becomes second nature.

Why is your method so successful compared to many others: Because I tell it as it is, no fluff or padding or filler crap. Trading is simply stacking the probability in your favour and piggybacking the main moves as they start. We are the leaders of a move not the followers and have the ability to recognise a move about to happen. The followers piggyback us and for them it's then often too late.

I've had systems before that are useless, how can you convince me yours is not: First of all I'm not affiliated. Also my site promotes nothing other than my PHD method, no DVD's or training books or other services systems. Having no affiliations or ' side sales' should go some way to installing confidence in what I have to offer as the vast majority of forex related sites are out to make a buck one way or the other, I am clearly not. I spend no money on advertising and marketing so if you discover me it is through recommendation or ruthlessly scouring the internet as a rule. My PHD community is small, manageable and I run a friendly service. Stealth are the only other service mentioned on my site, why? because I use a couple of the stealth tools as part of my PHD method.

Are you and Stealth part of the same company: Not in any way, shape or form. I have used the stealth tools as part of my trading for many years and have respect for them and for the company that manage them but I am in no way partnered other than sharing a common interest.

Is there a discount if we already own stealth: Yes as it's included in your PHD package and there's no point having two.

How many of your PHD trained clients go on to be successful traders: About 70% and 7 out of 10 I'm very happy with. Of course I wish it was 100% but that's never realistically going to happen. Some of the reasons why traders fail is that some are just never going to change their habits, or throw out the trading baggage, be willing to start afresh, think there's a holy grail still, think you can just turn up for your trading session and press a few buttons and some people are just not meant to be traders. It's like I mentioned earlier about true traders learn to drive not just steer, some traders can't get past the steering stage and so it's not meant to be.

What attributes do you need to successfully trade: Discipline, patience, resilience, ability to adopt routine and to realise that you're an individual and it's individual performance that counts.

To Be Continued...........

There are scores of indicators available for those that use Metatrader platforms. I encourage my PHD Forex Method traders to become as indicator free as possible but not everyone that visits my site or blog uses the PHD Forex Method of course.

Those of you just browsing or taking an interest in trading and are looking for a Metatrader based indicator then ask me first. No obligation and no charge, just rather you used something that works and is decent and is free rather than fall in to the trap and think you have to pay other companies for them.

I have scores of them and over the years have sorted the awful from the useful.

Many of my clients never knew the importance of understanding at least the range of the market they were trading, how on earth can you even begin to trade if you don't know it's range! To help them understand and appreciate the importance of range knowledge I sourced two exceptional Metatrader based range indicators that virtually do the job for you.

I don't use and don't encourage my PHD clients to use trend lines { S/R should always be a flat precise level}but if you do then your trend lines should be drawn in the same manor each and every time. In my opinion the only way to do that is to automate them as most traders just keep moving the line to fit the trend and that can't be right! So again I sourced a trend line indicator suitable for MT4.

Hugely beneficial to any trader is the understanding of divergencies. Divergencies are leading information, not lagging, and anything that is leading is a huge huge bonus to a trader of any nature or time frame. My personal trading is nothing but leading information based and to help those that are a little unsure of divergencies I sourced a coule of decent divergence indicators for the Metatrader platform.

I could go on: Camarilla software - Big Round number indicator - Trend recognition software - Multi time frame analysis software and on and on and on, I have it all and it's free to anyone that asks. If you're looking for something to help you in your trading then fire an e-mail over to me at This e-mail address is being protected from spambots. You need JavaScript enabled to view it and I'll see if I can help out.

Little old me at my trading station. My method you can operate from a laptop if you wish, you don't need the elaborate set-up I have on show here lol. PHD client or not, if you want a chat about your trading then let me know. I like to chat and I like to be friendly with traders around the planet. All the best, Andy.