So – what’s the deal with Icarus?

The Legend of Icarus

The story of Icarus is one of failed ambition.

It tells the legend of Icarus and his father, Daedalus, who were both imprisoned in a large maze by King Minos.

Daedalus came up with a daring plan to escape. As a master craftsman, he fashioned two pairs of wings by adhering feathers to wooden frames with wax. Giving one pair to his son, he warned Icarus that flying too close to the sun would cause the wax to melt.

But Icarus became ecstatic with the ability to fly and soon forgot his father’s warning. As he soared higher and higher, the feathers came loose and Icarus plunged to his death in the sea.

Icarus, the Trader

Like Icarus’ escape, retail traders start trading with the best intentions. But when it comes down to it, they get so emotionally caught up with the price fluctuations that they lose perspective and soon spiral out of control.

Had our Greek protagonist a plan to prepare against mishaps, this story would have had a better ending.

You see, it wasn’t that Icarus didn’t understand his father’s warning – it was that his emotions made him ignore it.

Look – I’m not infallible, and I’m guessing neither are you. While it’s easy to stick to a set of trading rules for a couple of months, doing the same for years and years is a completely different thing. That’s tough. There will always be the temptation to “squeeze more cash out of the market”, or to “try a new strategy”… and that’s when the rules get broken, and all hell breaks loose.

So it’s not enough that we try to stick to a trading strategy… the strategy itself must be designed to be easy to follow, with minimal opportunity for the trader to foul things up.

This is the first secret to why the Icarus method is so effective.

Chris & The Inner Circle

Hi, my name is Christopher Lee, and in Summer 2009 a group of traders and I set out to navigate the markets together. We called our little group the Pip Mavens Inner Circle.

This was the first time I’d shown my full trading method in front of a Live audience… and boy, was it put through some serious testing.

You see, it’s one thing to trade own my own, in my own private space – it’s quite another to make trade calls and take losses in the public spotlight.

Trading profitably is challenging enough as it is. Add to that the pressure of having my every move scrutinized and commented upon, and you know this is something only an effective method can pull off.

Over a period 3 years, our members have seen me take many hits and misses. We’ve had a good time trading together, and the results will speak for themselves: a total of 182 trades with a 71% winning rate.

The Icarus Project is the complete training program to impart to you the exact same skills, mindset and strategies that got us these results. By joining the program now, you’ll have the benefit of learning from our mistakes and trade with the proper approach, right from the start.

But don’t get me wrong – this is not simply a course to “follow and be profitable”. Icarus is more than that.

Achieving Financial Independence with Forex

This is the Pip Mavens motto.

Right from the beginning, we were never about “making money”, per se.

It’s not about making $200 on this trade, and $90 on that trade…

It’s about giving YOU the skills and mindset necessary to be a winning trader.

It’s about developing YOU, the trader, to make $200, $500, $1,000 trades for the rest of your life.

I don’t believe in giving a man a fish to eat for a day – I believe in teaching him to fish for himself, for life.

The vast majority of trading courses out there teach specific entry and exit techniques that hardly qualify as a complete trading course. They may work for a few months (if at all), but once the market phase changes, you’ll find yourself back where you started, looking for the next “hot” entry and exit technique.

Until you can look past these shallow pursuits and really think about the root of the problem, this cycle will likely continue until you get too frustrated to try again, or too broke to continue.

Icarus goes past this short-term mindset and focuses on training YOU to become a fully independent trader, for life.

Here’s what it’s all about…

What’s the Icarus Project?

Icarus is a 6-phase, step-by-step training course for growing a Forex trading account and deriving a low-effort, lifetime income from it.

What’s unique about this course?

Put simply: everything.

Icarus focuses on developing your trading mind, not imparting some secret combination of technical indicators. Once you truly understand what makes the market tick, you’ll realize that entry and exit signals are nothing more than icing on the cake. There’s much more going on behind the scenes to consistently grow your account over the long run.

In fact, the timing of trades is not at all important. It’s the price at which we enter them, that matters. This goes against 90% of what retail traders understand about trading.

How is this course carried out?

You will receive training materials across 6 modules, presented through 60,000+ words of clear, illustrated knowledge, instructional videos and various spreadsheets and resources.

One module will be presented to you each week, and everything is structured and paced for maximum learning efficiency and retention.

Remember: trading isn’t a 100-meter sprint, it’s a life-long marathon. Take the time necessary to go through and review each module carefully.

Some Details

We’ll be:

1. Working on building your account to reach “critical mass”, and then drawing a regular income from it. This will take approximately 7 to 21 months, depending on your starting capital and willingness to stick with the program.

2. Learning how to interpret market sentiment by looking at economic indicators, stock indices and commodities charts. We’ll learn about market fundamentals, and then apply a technical framework within which we’ll take trades.

3. Trading on the daily chart, and taking 1-2 trades per currency pair, per month.

4. Aiming for an average monthly gain of 5% – 10%.

Icarus emphasizes understanding the market and the trading game.

You won’t be getting a fish to eat for a day – you’ll be learning how to fish for life. Once you attain the right market perspective, trading becomes naturally simple.

What’s my investment?

Full digital access to Icarus is a one-time investment of $497, or four payments of $147.

You’ll get a full, 30-day money back guarantee if you’re unhappy with it for any reason, no questions asked.

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A Quick Look Inside…


Our 2 Goals

There are 2 specific goals to Icarus.

First is the growing of your trading account to a point called the “QYJ (Quit Your Job) Level”. This is the capital amount you’ll need to fully replace your income.

More specifically, this is the “critical mass” your account needs to grow to, in order to pay for your monthly expenses, plus a few luxuries. We’ll be realistic about this, so don’t expect to quit your job with just a $10,000 account (we recommend at least $25,000 – $50,000).

Depending on your starting capital, this shouldn’t take longer than 2 years to achieve. Remember, trading is a lifelong marathon… so don’t rush things. Burnout from frustration happens too often to new traders who don’t take the time to nurture their accounts. We’re won’t be buying a lottery ticket here, we’ll be building something of lasting value.

After hitting your QYJ Level, it’s then up to you to decide if you want to keep growing your account, or to start drawing an income from it. Of course, you can have a combination of the two, if you prefer. I personally withdraw 50% of my profits every quarter and leave the rest to continue growing my account. This is your second and final goal.

Taking Things Easy

Unless you’re already trading a large account, all this may sound a little “out of this world” to you.

Wise Lao Tzu said, “The journey of a thousand miles begins with a single step.” Icarus is designed to take you through the whole process one step at a time. The last thing we want to do is pressure you to perform. In fact, we discourage it! If you’re going to be busy for 2 weeks, feel free to skip trading until you’re ready to continue. You’re better off pausing progress for a fortnight than forcing trades and setting your account back 3 months.

This is perfect for people who don’t want to spend hours trading in front of the computer every day.

To Get The Right Answer, Ask The Right Question

Real, profitable trading is never just about technical analysis, or when to enter and exit trades. The obsession on timing trades indicates a poor understanding of what makes prices move.

Success is made up of 80% “why”, and 20% “how”. Icarus emphasizes first understanding why prices move, and then applying a technical framework to decide how to profit from this understanding.

If I told you that most price moves in the market are completely random (they are), how would that change the way you trade? If you’re like 95% of the retail traders out there, you’d say, “holy crap, it’ll change everything”.

This is the second secret to why Icarus is so effective – we assume short term price movements to be random, since there’s no way to objectively prove otherwise. In fact, if you’ve ever tried your hand at pure technical trading, you’ll realize that “chart patterns” fail all too often to be taken seriously. Despite this, the Icarus finds an ingenious way to draw consistent profits from the market.

It’s Not The Strategy, It’s YOU

Trading is difficult for many people not because they don’t know enough about technical or fundamental analysis… it’s because they don’t know enough about themselves.

In Icarus, you’ll discover exactly what it is in our psychology that causes us to be quite literally, natural born losers at trading. Only when we truly understand our human limitations can we begin to trust and appreciate the trading framework that will sidestep these obstacles.

If you truly desire to make sense of the market and stop being frustrated by losses, you must embrace a new set of principles that will make trading a whole lot easier. This is the third and final secret to why Icarus works like nothing you’ve seen before.

Trading Is Not A Verb

It’s a lifestyle. It’s a way of living that the average person will have difficulty understanding even if you told them.

It’s what enabled me to travel to places like London, Amsterdam, Prague, Vienna, Budapest, Barcelona, Lausanne, Paris, Lyon, and Chamonix, while trading my account.

This is not fantasy. It’s not even that difficult to achieve. People as regular as your next door neighbour are doing stuff like this all the time. It’s real. The only thing that can possibly hold you back is the weak notion that “you can’t do it”.


“If you keep doing what you’ve always done, you’ll keep getting what you’ve always got.” – W. L. Bateman

…but only if you choose to.

If you’re still stuck on the mindset that only a regular job can put food on the table, this isn’t for you.

I can show you how to move to a higher level in life… but it’s not my place to change your beliefs about what’s possible for yourself.

How Training Is Delivered

I’m going to be clear about this now, since I only want you to get involved if you’re committed: this is a scheduled course. The modules are released over time to ensure full comprehension and completion of each module before you proceed to the next one.

I’ll walk you through the 6 phases of Icarus over a 7-week period. You’ll have 1 week to go through the Introductory and Foundational material before moving on to the 6 core modules. Each core module will be made available on a weekly basis.

The entire course will be presented to you in a secure, member-only website. Once you join, expect to hit the ground running. We’ll be providing you with learning resources, tools and a small list of things you need to accomplish before the next module. All this work we’ll be doing together will pay huge dividends in the future.


The Modules & Course Breakdown


Introduction covers the origin of the course, core concepts, and what you can expect after moving through Icarus. We’re taking time up-front to explain how it’s organized and everything you need to know before starting. By going through this now, we can spare ourselves the constant sidenotes as we move into the core modules.


Foundation is the base knowledge that serves the entire process. Nearly every course has a body of foundational knowledge at the beginning, and this is no exception. Foundation covers core principles, common myths & misconceptions, the wrong & ideal mindsets to hold, and a primer on defining your outcomes.

Module 1 // The Trader

“Know your enemy and know yourself, you can fight a hundred battles without disaster.” – Sun Tzu

The first step to mastering our trading is to understand ourselves, specifically our shortcomings. I wont let you move on until you do.

Superior trading happens not on the trading chart, but in our minds. We’re going to focus on identifying the natural biases, irrationalities, and mental handicaps that plague traders. We will learn how to properly perceive risk, randomness and the advantage of diversification.

We’ll also talk about the retail trader’s edge in the market, and how they work in our favor. This module primes us in understanding why it’s so easily to fail at trading and what we can do to easily avoid it.

Understanding oneself is half the battle won.

Module 2 // The Market I

Notice we don’t immediately start looking for trades – it’s far too early. Before clicking the buy/sell button, we need to focus on why and how prices move. A trade only makes sense within a fundamental context.

First we focus on understanding Economic Indicators

To understand how the market moves, we’ll gain an appreciation of the factors that influence prices. Economic indicators are the backdrop to everything – from the health of the economy to the volume of currency we’ll ultimately be trading.

Next we’ll uncover the story of the market by charting economic trends

Information is everywhere online. The answers we seek are are hiding in that massive, intimidating flood of information that is the internet. With the aid of a spreadsheet, we’ll track the economic trends that exist beyond the perception of the average retail trader. The difference between failure and success is understanding the current state of the economy.

Once we’re able to interpret market price moves within a fundamental context, we’ll never have to rely on the subjective opinions of the news agencies. It’s that important.

Module 3 // The Market II

We’re not ready to start trading until we understand how an economy works, and the motivations behind the biggest players in the market. We may have an appreciation of how and why prices move – but we’ll also need to get confirmation from other related financial markets.

To gauge global investor appetite for risk, we’ll need a systematic way to track and observe what’s happening in the stock, commodities and other currency charts.

You’ll access my highly sought-after Fundamental Bias method – the same method I’ve taught for $1,500 per 2-day session.

Having a fundamental bias is essential. There are countless mistakes made here that are easily avoidable, and we’ll make sure you aren’t making them. You’ll also learn about monetary and fiscal policy, debt levels, the bond market, and how currency rates affect national debt and exports.

Module 4 // The Framework

The ability to navigate the currency market and knowing where to ‘sell high’ and ‘buy low’ is a powerful concept.

I’ve built Icarus is to ensure the majority of your time and energy is focused on identifying high-probability trade entries and exits.

Knowing where (not when) to take trades may seem daunting, but the Grid framework makes everything simple.

We’ll be using the simplest of technical tools within the context of the Grid to diversify our entries and exits – just like how a casino operates. You’ll be managing your trades like a business – not a lottery ticket.

Module 5 // The Account

I’ll be blunt: I don’t want to be the guy responsible for birthing a fresh generation of careless, irresponsible traders that take unmanageable risks.

The sad thing for most traders, is that they aren’t even aware of the ridiculous risks they’re taking each time they enter the market.

It’s not enough to know how to protect against excessive losses – you’re going to learn why it’s more important to defend than attack.

You often hear the “gurus” say that capital protection is important – but it’s difficult to follow this advice unless you know why it is so. This isn’t an opinion – it’s a mathematical fact. We’ll explain everything clearly and simply for you.

You’ll learn the real effects of leverage and margin, and how to allocate the appropriate lot size for each trade you take. This is the ‘secret sauce’ that enables the Icarus method to work effectively.

You’ll also get my Trade Journal template to record your trades.

We improve by learning from mistakes, and your Trade Journal will highlight those mistakes for you. If this is all starting to sound like a a semester in school, you’re right. A formal process of mistake-identification, correction and improvement is the most effective, process-driven and scalable system in the development of any skill.

I’m shocked at how some of the smartest traders I know ignore this most critical aspect of trading. Ironically, smart traders aren’t usually the profitable ones – they think they’re too intelligent to make mistakes. It thus comes as no surprise when they blow up their accounts and then decide that trading is “not for them”.

If you’re going to be trading for life, you need to know how to properly organize and manage the capital in your account.

Module 6 // Mastery

“He who knows when he can fight and when he cannot, will be victorious.” – Sun Tzu

In this module, we turn to ancient wisdom and counter-intuitive doctrines to fortify our trading methodology.

Vague phrases like “action without action” and “superior skills look clumsy” will finally make sense in the context of the Icarus method.

This is where everything comes together as a coherent whole.

It will forever change the way you trade.

The Offer

If you’re struggling with being profitable in your trading… Icarus is what you need.

This is the missing element that’s keeping so many potential traders from achieving their goals.

Why? Because this isn’t a “learn to trade” course. This is a full-fledged trader development program with a focus on building a sustainable trading account from scratch and deriving a lifetime income from it.

You won’t survive in the market unless you run your trading operation like a business. Most retail traders don’t get that.

My Personal Guarantee

You’ll have a full 30 days to access Icarus and see if it’s for you. You can back out any time during this period – it’s as painless as sending an email to get a full refund. No games, no hoops, no questions asked.

You’re not risking anything for a full month – you’ll only invest in Icarus if you like it.

To be clear, the course is entirely digital. You’ll access everything through the secure members area.


The concepts taught in this course are a MUST if you want to be making serious money trading. So you need to decide if you want to figure all this out yourself, or you’d rather go with me.

I’ve been though what you’re going through now, more than 8 years ago. I’ve come through it, and have been teaching others to do the same for over 5 years now.

This is something that will impact every area of your life – your freedom, your finances, your satisfaction level, your partner and children, even the way people look at you. This is essentially the biggest decision on the quality of your life more than anything else. It’s going to be the biggest determinant of how your life works out.

And with a full 100% money-back guarantee, there’s absolutely NO RISK that you won’t benefit more than you’ve invested in this.

So it’s just a question of whether you think this investment in yourself is worth it. I can show you the door, but you need to be the one to walk through it.

What’s The Investment?

Full access to Icarus is a one-time investment of $497, or 4 payments of $147.


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What People Are Saying…

“The advice Chris gives is sage indeed.”
– Rick Brimson
“Thanks Chris… good stuff giving me a different perspective.” – Tony
“I am a member from the Day One Chris opened the doors to Pip Mavens two years ago… . I will guarantee you with my experience and my results in the last two years: from a monthly loser before I learn from Chris, I am a monthly winner now, with a rate win/loss of 60% with all pairs I am trading now, a modest winner in my own account.” – Terry Muzha
“I discovered some important truths about my type of trading. I was (am) a intraday trader and scalper, so since you represent here a swing trading style, it seems for me as you are blowing away a lot of good opportunities coming by. But in fact I like to trade as a swing trader, cause you really don’t have to be by computer all the time and since I (still) have a regular job, it’s better for me that way.” – Robert Zupancic
“This is one of the best purchases I made in the last 2 years. Pip Mavens pays for itself and the education and support they offer really made a huge difference on how I trade.” – Tom
“Read a few times on each chapter, I can’t believe you put so much thought and effort into Icarus. Have to say a big ‘Thank you’. Its deeply hit my mind. Can’t wait for next week.” – Tony Tan
“I think you really did a great job. You explained fundamental and sentiment analysis very well and I have never read something similar. It was really an eye-opener. The funny thing is also that the psychological aspect of the course was very strong. I dare to say that I am way further then the average trader on this subject and I even write articles on it, but I had several confrontational moments while going through module 1. Although I can imagine that several readers won’t like the truths in some of your messages, they are definitely very helpful for people who really want to be successful in the long run.” – Paul Verheij
I’m very pleased with the content of the course so far. Adjusting my mindset to the physiology of what happens to the brain when trading was helpful. Also, the spreadsheets for following the fundamentals are graphic and helpful.” – Dr Timothy Voll
…some more praise i didnt mention before is that your course is unique. The ” Teach a man to fish” story is spot on. I have spent sh## loads on forex and never did i get somone explaining the fundamentals to me. And not just regarding forex but now i wanna buy a bit more sliver, get into a few well placed equities…but not too much (risk assets)!” – Mark Richardson
“I have to admit that I have been through most of the buying, trying & testing all manner of things being offered in the market over about 15 months (horror-horror) but without hesitation the Icarus system has to be the most professional and detailed publication I have had put in front of me—the presentation alone instills confidence & the integrity behind the modules simply stands out. I have just completed the last module and have been successful with 396 pips (5 trades EU—could have been 3 trades if I have had the confidence to stay in longer—-still learning) since starting trading with the Icarus system on the 2nd May at the end of module 5.” – Graham Paterson
“Just since using the methods I have managed to have two profitable months in a row (April and May 2012) and look forward to continuing to review Icarus to keep the concepts in mind regularly. I will continue to practice Icarus as I have seen more progress in the last two months using this method then the previous first quarter of 2012. Hitting the goal of 10% per month. Two good months and good start for third. April +399 pips, May +548 pips, June (so far)+140.

[later in September…]

I finished [the course] in April and started trading the techniques and have 5 good months. Total is +1875 pips” – Hunt Holladay

“I have already closed 5 profitable trades in recent weeks since completing the program. This is the first time in many years that I’m making money and not losing.” – R. Plummer
“Your trader education is first rate!  It’s refreshingly different than anything I’ve ever seen before.” – Gregory Kendra
“Three years ago my account was $10,000.00. Now this account is over $30,000.00, just because of adopting Icarus in my own style and sticking with the same strategy of our Mentor, Chris Lee.” – Terry


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