Origin

If we’re going to be working together it’s important that you understand how I think, trade, and consequently, teach. To understand Icarus, it’s a good idea to first understand the man behind it.

As much as I hate to talk about what I’ve been through, it’s important that you understand how and why Icarus was born.

Neurosis + Eureka + Growing Up

Icarus was born of madness and is firmly rooted in neurosis. First, the neurosis: I can’t work for anyone. I am completely and utterly unemployable. Without getting on a leather couch and talking about my childhood, I’ll explain it simply as this: I can’t live allowing people or circumstances to dictate my actions or restrict my freedom.

Most people value safety and stability. I value autonomy, mobility, time and independence… and it’s non-negotiable. Since you’re reading this I would venture a guess that you’re skewed towards this end of the spectrum too.

The neurosis begins with me getting obsessed with figuring out how to make money out of the price fluctuations of the market. I’ve been a keen player of competitive games for as long as I can remember, from Uno to poker, Monopoly to CashFlow 101. I love deconstructing the elements behind these games and figuring out how they work.

Over time, it doesn’t take a Mensa genius to realize that most games have an optimal manner of being played. In poker, for example, the combination of your seating position and the cards you’re dealt will determine at the outset whether you’ll be playing this hand. Next, depending on your assessment of your opponents, you’ll decide if you want to continue playing or fold your cards.

Step-by-step, together with a healthy understanding of statistics, I learned how to play these games with a pretty good chance of winning. Once you look past the surface distractions of any game, you’ll find a number of factors that work together to ultimately determine your chance of winning or losing.

As you can imagine, I was never a popular choice for poker night with the boys.

At the time, I had no idea this obsession with figuring out how games worked
(and how to beat them) would pave the way to gaining my financial independence.

Everything in life that provided some sort of intellectual challenge began to look like a game to me. There were fixed factors, variable factors and of course, the actions of the other participants. Once you truly understand these aspects of a game, designing a winning system is inevitable.

Trading – The Grand Daddy Of Games

Compared to card games, trading was infinitely more challenging. Here, trillions of dollars exchange hands every day and with such a large amount of money, people tend to get pretty cut-throat about it.

You’ll find some of the smartest people in the world who play the trading game as a full-time profession, and also some of the most foolish who try to do the same. People from all walks of life enter this arena looking to make a quick buck… but the vast majority of them walk away with less money than they came with. I found this deeply intriguing.

Financial trading is a game at which being the ‘little guy’ could be an advantage.

While many people get intimidated by the world of financial trading, I find it to be one of the best games to be involved in… given the right approach.

You see, with so much money on the line, even the professionals are prone to silly mistakes. The pressure of trading a multimillion dollar fund is something retail traders don’t have to deal with, and this gives us an incredible edge. It was love at first sight – I knew this was a game at which being the ‘little guy’ could be an advantage.

But as much as I understood the game of trading, I still couldn’t figure out how to make money consistently. The problem was that there were too many variable factors, and too few fixed rules. Quite literally, anything goes in the market. I spent sleepless nights trying to figure out how to predict price moves, but there were simply too many uncertainties to be able to win consistently… or so I thought.

After two years of trying, I was on the verge of giving up. Until one day, I realized the problem… I had been asking the wrong question all along.

To Get The Right Answer, First Ask The Right Question

All this time, I had been asking: “how can I predict price moves?”

…but that was the wrong question.

The right question, it turns out, is: “what causes prices to move?”

It was a slightly different question… but it made all the difference in the world.

Instead of focusing on the game,
I should have been focusing on the players.

This was my Eureka moment. It was the turning point that changed everything. I started to research as intensively as I could on the players in the market. Retail traders, brokers, investment houses, banks, hedge funds, sovereign wealth funds – I focused all my energy and attention on the market players… and that was what turned my fortune around (quite literally).

The rest… as they say, is history.

Since then, I’ve been developing trading strategies for practically every type of market situation. Trending markets, ranging markets, scalping – you name it, I’ve probably tested it.

As age began to catch up with me (one really goes downhill quickly from 25 years on), I began to notice the health effects of my neurosis. I was sleeping late, or not at all, eating poorly and not getting any exercise. I developed a stomach ulcer and my personal relationships began to suffer.

Long story short, I realized I needed to make a drastic change at how I was conducting my life. I still loved the game of trading – but I needed to do it in a manageable, less time-consuming way.

Growing Up: Living with Less

“One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity” – Bruce Lee

With so many tactics in my head, I was trading like a hamster on crack. Every time the market moved 20 pips I would prepare to take a trade.

For reasons you’ll learn later in this program, this made want to take even more trades to cover for the losing ones. It was like running underwater – expending all that time and energy with minimal progress.

I was making money, yes. But the sacrifices I made to achieve that was hardly worth it. If I told you that you could make a million dollars in 17 months working non-stop for 20 hours a day… would you?

The deterioration of my health and personal life forced me to cut back on the manner with which I was approaching the markets. I learned the hard way: more isn’t always better. I wasn’t wise enough to realize this then.

The Beauty of Simplicity

It was by necessity that I had to eliminate parts of my entire “trade-every-20-pips” strategy. Slowly, as I began to unravel it, I began to see the folly of what I’ve been doing… I was masking my fear of uncertainty behind a variety of tactics that gave me a false sense of security.

My original strategy was packed with tactics like muscles on an over-sized bodybuilder – too much, all over the place.

I just couldn’t accept the fact that sometimes, price movements are simply random… and I tried to hide my insecurities behind a complicated set of theoretical mambo jumbo.

“To attain knowledge, add things every day. To attain wisdom, remove things every day.” – Lao Tzu

It was only after I eliminated more than 80% of my original strategy that I realized how grossly obese it was before. I’d filled my head with layers of tactics upon tactics that ultimately made little difference to what I would have done without them anyway.

This completely changed the way I approached trading. It liberated me from the confines of jumping at every market tick. I had metaphorically moved from a place of chaos to order, and back to chaos once more.

But this time, things were different. I was trading in an arena of complicated chaos, with simple order.

Fast Forward to Winter 2007

On a bet with a close friend, I wrote a short 37 page e-book detailing the basics of candlestick analysis (about interpreting price charts). I bet that it wouldn’t sell more than five copies… and was proven wrong on so many levels I couldn’t believe it. This initial success spurred us to work on a bigger project, and the Pip Mavens Inner Circle was born.

Since 2009, I’ve been showing our members how I trade daily in the market – and the results have been, well, not too shabby. Profits from our trade suggestions more than covered the membership fee, plus our members got to learn first-hand in a ‘Live’ market situation, how to make money in the market.

You’ve got Mail… Again

Being a teacher has its benefits. Since that first e-book was launched, I’ve been collecting the questions and testimonials that my subscribers and customers send in. Over the years, as the emails continued to flood in, something interesting happened: a pattern of problems, roadblocks, issues and confusion about Forex trading formed before my eyes…

Everyone was asking the same core questions, seeking the same critical answers, and facing the same challenges. Going through the hundreds of emails, I had a 20,000-foot aerial view of the frustrations and questions that plagued 90% of the folks who wrote in.

If someone sent me an email feeling like they were alone struggling with something, I had the privilege of knowing 20 others with the same problem.

Many emails, common problems

  • “What’s the best time frame to trade?”

  • “I have no idea which currency to start with…”

  • “Which broker should I sign up with?”

  • “Which trading platform should I use?”

  • “I’m trading with <some technical indicator>… what do you think of it?”

  • “I’m completely new to trading… where should I start?”

  • “I have 8 years experience with stock trading… would it be difficult for me to start trading Forex?

  • “I have a full-time job so can I trade Forex part-time?

  • “I’ve been trading for 6 months, but keep losing money…”

  • “When is a good time to enter/ exit the market?”

Same issues, same questions, across the board.

Now, I’m not someone to run around solving the same problems over and over. I’ve had friends, family, subscribers and customers ask me repeatedly to teach them to do what I do… but there was no way for me to be personally mentoring hundreds of people at the same time.

How can I teach people what I know without giving up my freedom? Because let’s face it… that’s what we’re in this for in the first place, right?

Icarus

As you’ve probably guessed, this was how and why Icarus was born. I needed a place where anyone who was interested in my trading approach could learn from. It allowed me to have the best of both worlds – share my knowledge and have my freedom at the same time.

Now of course, I’m not in the business of charity work. I charge for the imparting of my knowledge for two reasons:

One – because I sacrificed a hell lot to gain this level of understanding of the markets, and I’ve specifically designed this program to make it simple for you to understand and apply. You’ll avoid the unnecessary years of testing and tweaking to get to this approach.

Two – very importantly, it shows your willingness to take Icarus seriously. I took a lot of time and consideration to design this program, and I only want to share this with those who are serious about trading. If you think you can learn how to trade for a lifetime by going through a $97 course, this program probably isn’t for you. Serious candidates only, please.

Tying it Together

Let’s take a breath and sum this all up, simply and directly.

  • If you’re still reading, we probably have similar drives and motivations

  • We value time and freedom above excessive material luxuries

  • We’re seeking the same results: low-effort building of our trading account and generating an income from it

  • We don’t want to spend more than 1 hour each day to achieve our goal

I’m glad you took the time to go through this section, particularly since it was focused on me. The rest of Icarus will focus on you, your story, and your progress.

Let’s build your trading account, shall we?

Next: Expectations