Welcome to the Pip Mavens Trade Signals apprenticeship program.
This is where you will learn how I find the best trade opportunity to take each day.
There are two components to this program:
Watch this video for a quick run-down:
HOW THIS WORKS
1) Every morning, I review 28 currency pairs to identify the best one to be trading that day.
2) At around 22:00 UTC time, I'll post an update in the members area with the following details:
This is the currency pair I'll be trading that day, and the direction in which I'll be trading it.
If you choose to, you can take the same trade. (Video instructions on trade tactics will be provided.)
3) Wait for the trade to resolve. If the trade isn't automatically closed by the end of the London trading session, you will manually close the trade.
4) Along with each trade signal, I will post a video of the analysis procedure, so you can pick up the thought process behind the decisions I make. It will be as though you are sitting next to me each day as I explain everything to you.
5) All of this is repeated daily, Mon - Fri.
The best way to develop any skill is through repetition.
Books and courses are great for picking up new information, but on-the-job training and repeated live practice enable us to retain and internalize that information.
With this in mind, the Pip Mavens Trade Signals program is designed to not only provide daily trade signals, but also regular training videos on how those signals are generated.
You will learn by watching "over my shoulder" every day in the market.
LIVE PERFORMANCE RESULTS
Good trading is about optimizing the balance of return vs risk. High returns are not necessarily better because we have to consider the amount of risk taken to get those returns.
Consider two different signal providers:
While Signal A yielded a higher return, it was actually the weaker performer because it took proportionately more risk.
In other words, if Signal B had taken the same level of risk (measured by drawdown) as Signal A, Signal B would have gotten a higher return than Signal A.
In this sense, we are not focused on getting the highest possible returns per se. We are focused on getting the highest return-to-drawdown ratio.
Since losing trades are inevitable (no one wins all the time), we'll minimize the impact of losses by:
Firstly, I'll be taking each trade opportunity with a maximum of 5x leverage. This means that for every $1,000 of capital, I'll be entering each trade position with a maximum of 5 micro lots.
Secondly, all losing trades will be closed by the end of each trading day. This is done to ensure that all losses are cut early and capped.
There is a time-sensitivity to the daily trade signals.
For best results, you are advised to read the daily update as soon as it is posted each day, at around 22:00 UTC time.
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 FCA-regulated broker Darwinex. This is based on a real money account, not demo.
Q: What markets are you trading?
A: I trade only the Forex market (i.e. currencies).
Q: I'm don't know anything about Forex trading. Can I benefit from this service?
A: This service is meant for people with at least a basic level of Forex trading knowledge. If you don't know how to open/close a trade, or when the London trading session ends, this isn't for you.
Q: Will I get a trade signal every weekday?
A: You will get a trade signal on most days, but not every day. Some days, there are no good opportunities and the best thing to do is to stay out of the market.
Q: When will the trade signal be posted each day?
A: At 22:00 UTC time, which is 1 hour after the Sydney trading session 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: What if I'm willing to take on more risk to get higher returns?
A: Since this is a signal service, you have full control over the lot size you take on your trades.
If you must trade with higher risk (i.e. with a larger lot size), consider incrementally increasing your lot size over time instead of using a large lot size right away.
Q: How long is each trade analysis video? I don't have time to watch videos all day.
A: Each analysis video will take just a few minutes. We'll be focusing on the 1 - 2 most important factors of each situation, so the videos will be short, straight-to-the-point, and punchy. You'll learn better by watching a 3 minute video each day, than a single 15 minute video each week. When learning a new skill, consistency beats intensity.
Q: Can I cancel this service at any time?
A: Yes of course. Just send me an email and your subscription will be canceled immediately.
Q: What if I have more questions or encounter any problems?
A: Write in to chris[at]pipmavens[dot]com and I'll get things sorted out for you.
Q: Sounds good. How do I get started?
A: Click the 'Join Now' button below. Once payment is completed, you'll be sent a confirmation email and get immediate access to the members area.
PIP MAVENS TRADE SIGNALS
FOREX INTRADAY TRADING APPRENTICESHIP
EARLY BIRD SPECIAL
Questions? Contact me at chris[at]pipmavens[dot]com