Hi Folks.
It's 9 a.m. as I hit the send button on this email so that means the Coaching Class Shopping Cart is now open.
Here is the link: https://simplicators.com/coachingoffer
After last night's email I got a few questions sent to me overnight and here are the two recurring topics:
What did you mean by accountability in that email?
What I meant was when you are trading all alone, as we all do, you rarely if ever have anyone else take a look at your charts, so if you are just firing in trades randomly, or "revenge trading" after a loss, no one knows about it but you.
But if you take part in this program, one aspect of it is we get together once a week (or more often if needed) and I review the trades you took over the last few days and discuss why you got in and out where you did. If you are letting your emotions get the best of you by chasing bad trades, I'll see it and you'll get to explain it. That's accountability (you being accountable to me for the trades you took) and it is all but guaranteed to make you a better (i.e., more profitable) trader.
The other question was along the lines of "why would I pay good money to take a challenge when I can trade my own account?" and the answer is just one word:
Money.
80% of traders are considered "small" traders meaning they start with less than $5,000 in their account ($5k being the amount you need to safely trade 1 full lot or contract). This means they are trading for lesser amounts of money and hoping to build their account up.
So let's say you start with $2,000 of your own money in your account. You run into some bad trading luck and through a series of consecutive losing trades you lose the entire account. You are now left with the prospect of finding another $2,000 to reload your account.
Where did the first $2,000 come from? Out of your pocket.
Where did the replacement $2,000 come from? Again, out of your pocket.
Your total investment so far? $4,000.
So let's say you decide to buy the $50,000 Challenge from Take Profit Trader, which allows you to lose up to $2,000 before you lose the challenge. The cost?
$170.
So you run into the same bad trading luck, lose $2,000 and fail the challenge. Take Profit Trader will email you and ask if you want to reload the same challenge for $100, which you accept. Your cost? $100.
So you buy a Challenge for $170 and after losing the $2k re-buy into the challenge for $100.
Total out of pocket investment to be in the exact same place the trader with their own account is in?
$270.
So $270 versus $4,000. Which seems like a better investment to you?
This is why these challenges are taking over both the Forex and Futures trading worlds.
Minimal investment to control a significant account size, and if/when you pass the challenge, you are trading Full Lots/Contracts and even small trades count for big money.
I go over this phenomenon in greater detail in the class, but for now just understand that regardless of which path you choose (personal account versus Challenge) what you will learn in this class along with the guidance you will get from me during the Accountability phase, will make you a better trader and get you to the point you are earning life-changing amounts of money from your trading in a very short period of time.
So I hope that clears up any confusion I may have created in last night's email and I hope to see you in the class this Sunday evening.
Jeff
P.S.: Here is the link again if you need it:
https://simplicators.com/coachingoffer
P.P.S: If you click on the link and do not see the PayPal Buy Now button, refresh your screen as you are likely loading a cached page.