Email 3
Subject line - Your forex blueprint 3. The most important step!
Hi << Test First Name >>
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Its (ADD YOUR NAME) here.
If you haven't read my last 2 emails I sent you (you really should go and read them now), I introduced you to my good friend Dean and the potentially life changing forex article he wrote...
... It's about how he finally unlocked the hidden secrets to forex wealth, and changed his life forever...
... and now he wants to help you make massive forex profits and change your life.
You can read his game changing article here! <<<<(add sales page link)
Today Dean is continuing to share with you his forex blueprint to successful forex trading.
In the previous emails Dean showed you what pips are and taught you the trend trading system, so you can grab those precious pips.
Today, we are looking at the next step of the forex blueprint and those in the know would say "the most important step", "money management".
In the first email you discovered that LOTS, LEVERAGE and STOP LOSS are used to work out how much you win when the market moves 1 PIP.
However this is not all LOTS, LEVERAGE and STOP LOSS do.
You can cleverly combine them together to maximize your forex profits.
This is called "money management" and this skill is what separates the great traders from the rest of the pack.
When you open a trade, you are asked for the LOT size you want to trade and the STOP LOSS level.
This leads to 2 questions.
How do you know what your lot size and stop loss should be?
And what happens if you get these numbers wrong?
Lets answer the 2nd question first.
As LOTS, LEVERAGE and STOP LOSS control how much you win per PIP. It also controls how much you lose per PIP.
Lets say you have $1000 in your trading account...
... you have just started trading and don't know what LOTS or STOP LOSS are.
So you just enter whatever comes to mind.
Now lets say your complete guesswork means you are winning or losing $10 a pip.
All it takes is a 100 pip losing trade and BANG all your money is lost, $1000 gone in less than a day.
All because you guessed your lot size and stop loss.
To keep your money safe, you must know the correct lot size and stop loss before you enter your trade.
Now we can answer the first part of the question...
... how do you know what your lot size and stop loss should be?
This is where my forex trading tutorial course comes into it's own.
My training course has my personal money management calculators ready for you to use in your own trading.
They tell you exactly what lot size to trade on every trade you make...
... and I also show you how to choose the stop loss for your trade.
Instead of guessing you simply plug in a few numbers (don't worry, I'll show you how) into the calculator and just like magic, out pops your lot size.
When you use my money management calculators you go from don't have a clue to precision control in seconds.
Now when you trade, you will have total control of your money.
Lets say you want to use only 5% of your money on a single trade. Now you can and the calculator works it all out for you.
This means you will never make stupid mistakes that will cost your dear, because if you want to trade just 1%, 2%, 3.5% or 5% of your money on a trade, you can.
This precision control allows you to fix the amount of money you can lose on any single trade.
Instead of blowing all your cash on 1 trade you fix your loss to the % you have chosen.
Now that you can control your maximum loss on any trade you get to harness the 2 key features of money management.
1, Compounding profits.
2, Automatic lowering of amount of money traded when you lose.
When you use my forex trading tutorial money management calculators, you get (by design) a way to compound your profits.
Compounding is the fastest way to make massive profits forex trading.
If you don't use the money management calculators you are stuck winning the same amount (on average) regardless how big your trading account gets.
Lets say your average win is $250 and your trading account holds $5,000.
When your account reaches $10,000 you are still only winning $250 per trade.
When your account reaches $20,000 you are still winning $250.
However when you use my money management calculators you COMPOUND your winnings.
Now when your trading account reaches $10,000 your are winning $500 per trade.
When you have $20,000 your calculator gives you $1000 per trade instead of $250.
By simply using my calculator you would make 4 times the money on each trade.
This is what the forex trading tutorial money management calculator does. It gives you complete precision and massive amounts of extra free cash.
But that's not all.
When you use the money management calculators you also protect your money.
Because instead of betting a fixed cash amount on each trade. The money management calculators gives you a dynamic system.
This means that the size of the money per trade changes depending on how much money you have in your trading account.
The bigger your account the bigger the amount of money you trade with and the reverse is also true.
Your calculator automatically lowers the amount of money you trade with, when you have less money in your account.
What this means for you is, if you have a losing streak (a series of losses back to back).
Your money management calculator will automatically reduce the amount you are placing on the next trade.
In the real world, what this does is massively increase the number of losing trades you can withstand.
For example lets say you are risking 5% of your money on each trade. Many newbies think that they divide their cash in 20 equal trades (each worth 5%).
This means that they have a maximum of 20 losing trades before they are wiped out. This is the wrong way to use money management.
Because you use the money management calculators you harness the dynamic system. Now with the same starting money you are able to withstand over 100 losing trades in a row. This is a 5 fold increase in protection.
I'm not saying you will lose 100 times in a row. What I'm saying is the money management calculators give you robust protection to your trading.
SO, lets recap.
When you use my money management calculators, you simply enter a few numbers (as described in the training videos) and you get complete precision on your trading.
Because of this precision, you get to harness the power of compounding and make extra free money on every trade...
... and you also get an complete layer of dynamic protection, to keep you trading through thick and thin.
All because you took a few seconds to use the easy to use calculators before each trade.
You can use the money management calculators, learn about PIPS, LOTS, MARGIN and get your hands on 7 professional trading systems for just $1 for the next 7 days by jumping on the 7 day trial membership offer.
Just click this link...
<<<<(add sales page link)
... and scroll down and click the 7 day trial button.
You will need to click the button on the next page and fill in your details (It will only take a couple of minutes).
You can sign up for your 7 day trial and learn as much as you want for less than a cup of coffee at your local cafe.
If you want to stay with us and become a top tier forex trader, then you simply do nothing and you will be charged at a astonishingly low $47 per month. This is a 50% off the usual price of $97 (this discount for life is only available during this offer, It will save $600 per year)
But If you feel that forex trading tutorial is not for you (for any reason), just use the unsubscribe button and I will happily cancel your subscription.
If you cancel before the 7 day trial is up you will never be charged a full membership fee.
So click the link now and start precision controlling and compounding your trades.
Until next time.
Add your name here
P.S. Don't forget you have only 5 days left to claim your forever 50% discount, where you will only pay $47 a month instead of $97.
So sign up now and grab your 7 day 1 dollar trial plus your forever discount membership.
P.P.S - Look out in your inbox tomorrow for the next instalment of your "forex blueprint - DIY or automated?"