Evolve Your Trading Life

90% of people who trade forex lose money? Ask yourself, right now in your trading
experience are you losing more money than you’re making? Or are you seeing other people
with similar size accounts making more? If so, there is a definite reason why. It isn’t a
coincidence why some people do well and others lose money or even worse, blow accounts.
There are givens with trading forex. First and most important, people without strategies or
trading plans lose money.
Luckily you have been introduced to Dr. Spiller and his signals group. If you still don’t
comprehend how lucky you are at this point, you soon will. Dr. Spiller has not had a week since
he has started where he lost more pips than he has made. Why? Because Spiller has a very
accurate strategy and trading plan that he has used to build his wealth on. I am putting
together a trading plan that you can use to not only make money from his signals, but also use
for yourself as you begin trading on your own. However, if you choose not to use this plan or
any plan at all, just know you will lose in the long term.
If you have just began trading and are still learning the ropes, this is going to be a
perfect place to start. Anyone who has traded with Dr. Spiller knows just how accurate his
trades are. Yes, there will be some losses, but learn to trade well and those losses will be
nothing compared to the wins. First let’s start with the basics, before going any further, it is
crucial to watch this video to understand having a trading plan is so important and how it will
make the difference between people who win and lose. If you skip this video, you will not
understand the steps below.
https://www.youtube.com/watch?v=bRCtBRsLPmk
So now that we have established that having a trading plan is crucial to winning, let’s go
over why. First you need to understand what a good trade looks like. Whether you have a
strategy or not, your chances of winning a trade are 50/50 meaning you have an equal chance
of winning or losing. Like discussed in the video above, you can rig the market to win more
times than not and this is how you do it. Whenever you take a trade, you risk money. Why
would someone pay $20 for a lottery ticket with the chance of winning $5? It doesn’t make
sense, similar with trading, the reason so many people lose money is that they will risk let’s say
50 pips with the chance of making 30
Without a strategy, in the long term you will lose every time. This is why having a
trading plan is so crucial. Having a trading plan in order to keep you disciplined and only take
trades that make sense is how you win. This trading plan will outline exactly how to be
profitable. Let’s dive in!
 Part One: Risk Management
Forex trading is not a get rich quick scheme. If that is what you were hoping for, close
this out and try something else. Forex trading can make you rich, but in order to do that you
need to have a set plan of how much you are willing to risk so you do not blow your account on
a couple trades.
At this point you should know what lot sizes are, if you do not go back and watch lot
sizes in IML basics 1-4
Understanding how much to leverage per trade is the difference between a wealthy
traders vs a blown account. If you leverage too much per trade, your losses can eat up most of
your account. However, if you are leveraging too small, you’re also at a disadvantage.
Understanding how much to leverage is more important than knowing what trade to get into.
Let’s establish how to find out your lot size. Ultimately it comes down how much you
are willing to lose if the trade goes wrong, but realistically you shouldn’t be using any money
you aren’t ok with losing. Which means it comes down to the size of your account.
You need to be leveraging an amount that in the odd chance 5 of Spillers trades are bad,
you are still able to trade.
This is how you are able to find out your lot size:
Let’s say you have a $100 account. At most, you should be willing to lose $10 if a trade
goes wrong. How do you determine your lot size? Now that you have established how much
you are willing to lose, take the $10 and divide it by the total amount of pips you are risking on
the trade. Dr. Spiller usually has 50 pip lot sizes therefore $10/50 pips= $.20/pip which is a .02
lot size.
You should not be risking more than 10% of your account on any one trade. Using good
risk management is critical to your trading. There should be no blown accounts.
 Part Two: Risk to Reward Ratio

Never in your entire trading experience should you ever risk pips than you are willing to
lose. Most times even a 1:1 trade is not worth it. Like you watched in the Casino video, finding
trades where your Stop Loss is less than your Take Profit is essential. If you have traded Dr.
Spillers trades before, why would a 50 pip SL make sense if you are going for Take Profit which
are usually 10 pips? It doesn’t. That is why many people will have a lot of winning trades yet the
one loss kills their profit.
Most times Spillers TP2 is 30-50 pips and at that point, you still are not even to that 1:1
ratio. So how do you fix this? Entry point, entry point, ENTRY POINT. Getting a good entry point
is the difference between people losing $100 versus losing $350. How many of you have gotten
into one of Dr. Spillers trades and it went in profit for a little, maybe even hit Tp1 and all of a
sudden went in negative for a long time? It is the tale as old as time. This is where having a
trading plan comes in handy.
Spiller will always call a signal upon the break of a support/resistance area. Now there
are two things that price will do once it gets to these areas (with the exception of news). Price
will either reverse and go the other way or price will break and retest.

Reversal Break/Retest

Now here is the reason that some of Dr. Spiller’s trades go negative for a while. Spiller
will call the signal on the close of the break. In the photo on the right, you notice what happens
after the candle that closes past structure? Yes that’s correct, a retest. Now let me throw this
idea past you, when he calls the signal, SL from entry price is 50 pips away. Now imagine
waiting for an entry while it is retesting, that SL no longer is 50 pips, it might be 20-30 pips
away. Now not only are you only risking 30 pips, but Tp1 is now 30 pips instead of 10. Tp2 is
now 70 pips, so on and so forth. Now you are risking 30 pips to make 70 instead of risking 50 to
make 50 or even worse setting for Tp1, 10 pips. Entering off a retest is the difference between
making money and making MONEY MONEY.
From my personal experience, I have never entered one of Dr. Spillers H4 trades and not
gotten any drawdown. Entering one of Spillers trades right when he sends it is novice-like and
needs to change. Getting good entry points is a must.
Spiller calls here

Spiller calls here

The idea is not to immediately get in

right as the signal gets sent. Finding
a better entry point off a retest is
how trades goes from ok to Great
Part Three: Understanding Why You’re Entering Trades
It took me three months of trading for it to finally click. Everyone always told me it is a earn-
while-you-learn system, where signals will get sent so you can make money while you are
learning the skill. I found myself getting excited for signals so I can make money, but beneath
that excitement was a problem. I did not have a desire to learn the skill, I just wanted to go off
the signals. The best day in my entire time of trading was the day I said to myself “I am going to
learn to trade on my own”. Trading correlates exactly to the saying below

This concept is the exact same for trading. Learning the skill, having the desire to
become a great trader, getting on every training call you can, learning to fish is exactly how
your trading transforms.
Now, if you are just starting or have recently started and you have no understanding of
why youre getting into trades, it is gambling. Not for the people sending it but for the people on
the other end, praying for a trade to go well is like praying you hit the lottery. Understanding
why you are in a trade is just as important as the trade itsself.
I am a firm believer in signal provider sending what they see. It not only shows the
people taking signals why they are sending it, but it also gives the receivers confidence in a
trade. Often times, especially with Dr. Spiller trades, no explanation is given on trades. It is your
duty as a trader to be able to go on the charts and see exactly why they sent it. If you are not
able to do that, you need to be hopping on every call and reading every piece of information
(study) until you are able to.
If you are an experienced trader and do not understand why a signal is sent, you should
not get in it. Not only will your risk to reward margin most likely be off, but you will not be
confident in the trade.
Understanding why a signal is sent is brutally important for entering trades.
Spiller often times uses ichimoku to send out signals
Part 4: How to Trade Spiller’s Signals Proficiently
Dr. Spiller uses various strategies to find his high probability signals. Most of his signals come
from a high probability trading system called Ichimoku that has a 80-90% accuracy. Other times
he will call counter trend trades. Below are my steps of how not only I take Dr. Spillers signals,
but maxmize my profit

Step 1.) Understand Why: try and see what he is seeing: immediately after a signal is
sent, I hop on tradingview and mark up my chart and come up with a logical reason why he is
sending it. If I like why he is sending the signal, I can then move to my checklist and see if it
covers my rules

Step 2.) Develop Your Check List. Determine what rules you have set for yourself and
determine if the trade meets those rules. This check list is a set of rules that you have set for
yourself that put in place guidelines that must be met in order to get into a trade.

Step 3.) Determine Your Lot Size. You should be able to determine the safe lot size for
a trade within a minute of the signal being sent. Find out how big the SL is for the signal and
after seeing how many pips you are risking, find out what lot size you want to use on the trade.

Step 4.) Find the Ideal Entry Point. First you need to determine what kind of signal
taker you are. If you’re new, most likely you will hop right in when the signal is sent but that
isnt always ideal. Maybe some of you are retest traders and that is fine too. Find out what kind
of entry point trader you are and try to get the best possible entry point. This might not always
happen, but sometimes waiting gets you a better entry point.

Step 5.) Enter the Trade with Strict Guidelines. Have a set SL set and also a
possible TP. By having a set SL, you know exactly how much you are risking that way once it
hits, you arent emotional trading anymore. Most of the time you will have a TP that you are
aiming for but if you don’t, find it and put it in.

Step 6.) Let the Trade Run. Lots and lots of traders will leave a trade early before it hits SL
or take profit before a TP is hit. Both of these situations hurt you in the long run. While I do
believe in taking partial profit, often times traders have find themselves fearing their trade
going back to break even and losing the profit they are in. You cannot let that happen, set
parameters and don’t touch the trade until it either hits SL or TP.
 Part 5: Understand Trading Psychology
I cannot stress this enough, arguably the most important part of trading is removing
your emotions from your trades. Emotional trading, Fear of missing out, so many others will
keep you from becoming the best possible trader. While there are not set in stone guidelines
for this, you should always be learning ways of bettering your trading psychology. Trust your
analysis. If you see something that other people do not and you have been profitable, trust
your edge. Trusting your trades, SL and TP’s, lot sizes, etc. are all part of the game. This is not a
get rich quick scheme and anyone who tells you it is, they clearly are not rich from trading. You
need to get your mind right before you will ever be successful. If you cannot picture yourself
making $25,000 from the market, you never will. Make your trading psychology just as strong
as your trading itself.

Additional Info:
I, like many others at some point in their trading career were lost. Not knowing what to do or
how to be profitable. THEE most important action I have taken so far as a trader is the idea that
I need to learn to become a good trader, not a copy and paster. Find a strategy that you enjoy
trading and that has proven effective. Find a mentor even if it is an IML educator and practice
your trade. You will never make 6 figures by copy and pasting. Become a good trader, good
enough to where you could trade on your own. Trust me, the top dogs who make the most
money are the ones who can trade well, not copy and paste well.