What Larry Got Right
And 99.9% of retail traders get wrong
Now as you can probably tell, Larry wasn't much of a trader at all.
He made many mistakes along the way.
And yet, he made a lot of money wealthy because he made TWO exceptionally good moves.
And these two moves made all the difference between spectacular success and failure.
DOES IT WORK?
Well, see for yourself:
DEEP TRADES performance on a live account
If you had been following the recommended trades, this is the performance result you'd have gotten on your personal trading account.
Now let's talk about the risks.
Generally speaking, the more you risk, the more you stand to gain.
However, not all risks are worth the reward.
For example, would you risk $100 to potentially gain $10?
Even if the chance of winning is high, that's probably not a bet you should be taking.
This brings up the next point to consider: Is the potential reward of Deep Trades worth the risk?
The risk of any trading approach can be described by the 'Drawdown' metric.
It refers to the largest percentage decline of equity from peak to trough, or in other words, the largest cumulative loss in the history of the account.
Compare this to the 'Gain' metric, which refers to the total net gain of the account.
Then decide if you think the risk is worth the reward.
FREQUENTLY ASKED QUESTIONS
Q: Are your performance results real?
A: Yes. The results you see here are tracked by neutral third party Myfxbook, on a verified live account with reputable UK broker Darwinex. This is based on a real money account, not demo.
Q: I'm don't know anything about trading. Can I benefit from this service?
A: This service is meant meant for people with at least a basic level of trading knowledge. If you don't know how to open/close a trade, or when the Forex London session ends, this isn't for you.
Q: Will I get a trade recommendation every weekday?
A: You will get a trade recommendation on most days, but not every day. Some days, there are no good trading opportunities and the best thing to do is to stay out of the market.
Q: When can I expect to receive each SMS?
A: The exact timing will vary, as it depends on the market conditions. Generally though, you can expect to receive each SMS a few hours after the Forex market (Sydney) open.
Q: Is each trade guaranteed to win?
A: No. There will be days when the trade turns out to be a losing one -- sometimes, even on consecutive days. The idea is that over time, we end up with more winning trades than losing ones.
Q: Why only 1 trade per day? Why not 2 or 3?
A: The short answer is that when it comes to retail trading, less is more. By focusing our efforts on only the single best opportunity each day, we increase our chances of winning over time.
For a more detailed answer, check out the Positive Expectancy course.
Q: Do you take these trades yourself?
A: Yes of course. These are the trades I take on my personal account.
So I can just follow the trade details. Is it really that easy?
A: Yes and no. It's easy in the sense that the trade details are straightforward. It's not easy in that you'll be tempted to keep watching the trades and modify them throughout the day. The best way to deal with this is to shut down your trade platform immediately after entering each trade, and to not open it again until after the London session close.
Q: I know trading is difficult. Why then is the service fee so low?
A: Two reasons:
Q: Can I cancel at any time?
A: Yes, of course. Just send me an email and your subscription will be canceled immediately, no questions asked.
Q: What if I have more questions or encounter any problems?
A: Contact me at chris[at]pipmavens[dot]com and I'll sort things out for you.
Q: Sounds good. How do I get started?
A: First click here to send a test SMS to your mobile phone. If you are able to receive the SMS, you're good to go.
Next: click the 'Join Now' button below and complete the payment process. You'll be sent a confirmation email and get the next SMS on the next weekday.
(Trade details via SMS every Mon - Fri)
Got a question? Contact me at chris[at]pipmavens[dot]com.