Trade Till You Lose is a new to market example of Forex trading software which comes courtesy of one Matt Shaw. The product has been released in conjunction with Streetwise Publications.
Introduction to Trade Till You Lose by Streetwise Publications
The marketing for Trade Till You Lose is absolutely spot on, at least, in so much as selling a product. All that Streetwise Publications and Matt Shaw seem to talk about is the fact that you can make money by losing.
This is something that is addressed before we even get to what Trade Till You Lose actually is, and that is with good reason. I don’t know how it is for you, but it always seems a damn sight easier to lose than it is to win.
This applies to a lot of things, from beating mates on Fifa, to playing the National Lottery and, as is the case with Trade Till You Lose, Forex trading. I know of plenty of people who have entered this expecting to make a quick and easy buck, only to lose significant investment.
Matt Shaw claims however, that if you follow his advice, then Forex trading becomes just that. Quick and easy. Is there any truth to this? Let’s see.
What Does Trade Till You Lose Offer?
As is so often the way with products that are being advertised through Streetwise Publications, what you are actually getting out of Trade Till You Lose is something that is skimmed over as much as is humanly possible.
For example, Matt Shaw says describes the products as taking “under a minute to see if there is a trade”, and that it is something that you can do anywhere from three times a day to once per week. Naturally, dependent on how much you want to make. If there is a signal when you check, you run through a quick checklist to verify the trade and then go about your day. This is the first real indicator as to what Trade Till You Lose actually is.
What you are actually getting through Trade Till You Lose is sold as a piece of Forex trading software which is based off Matt Shaw’s own trading strategy (a topic I want to come to shortly). This provides you with indicators as to how to trade based on predicted market movements.
Honestly, despite a lot of the hype that apparently comes from Streetwise Publications and their approach to marketing, much of Trade Till You Lose is a pretty straight forward thing.
Actually getting the software working etc. doesn’t seem to be too difficult. In fact, Matt Shaw says that on average, it takes just 30 minutes to install the software. If you have no experience with installing indicators and Forex software, then Trade Till You Lose may seem a little difficult at first but you will get there.
Should you find that you are still struggling getting things off the ground, there are a few things open to you. First of all, there is a full training manual. This talks you through everything hat you need to know about using Trade Till You Lose, including how much to stake.
As well as this, Trade Till You Lose also comes with a comprehensive support structure which is ran by Matt Shaw himself. This includes a dedicated email address and a series of training videos which complement the trading manual. As well as this, Trade Till You Lose gives you access to weekly webinars where Streetwise Publications say that you can join Matt Shaw as he trades in real time.
How Does Trade Till You Lose Work?
The core premise behind Trade Till You Lose is an interesting one. Furthermore, it is exactly the kind of claim that makes perfect sense on paper.
Matt Shaw says that he is able to make money even though every trade loses because he pushes his trades further than other traders. I am grossly oversimplifying things here, but essentially, Trade Till You Lose will show you when to buy and sell on a given trade. You then follow the advice until your trade turns a loss. The theory here is that in trading until a loss is made, you are trading successfully for longer.
An example of this might be that whilst a more normalised trading system would cash out a profit at 100 pips, Trade Till You Lose would keep trading to a profit of 175 pips, before accepting a loss of 25 bringing the overall profit to 150 pips. This is of course an oversimplified explanation, but it serves the purpose of demonstrating what you can expect.
In terms of exactly how Trade Till You Lose works under the hood, the unfortunate fact is that we aren’t really told a lot about anything. As such, there is nothing that really indicates how certain movements are predicted. This is somewhat frustrating to the extent where it is one of the most apparent negatives to Trade Till You Lose.
What is the Initial Investment?
The supposed real price of Trade Till You Lose stands at a rather eye watering £97 per month.
We are told in the sales material however, that Streetwise Publications and Matt Shaw have agreed to lower this to “a shade over £37 per month”, however this is payable as a lump sum for the year of £447. This is a big ask for me. Once your first year has elapsed, the price then goes up to £97 per month.
It is worth noting that there is a 33 day money back guarantee in place for Trade Till You Lose which is some credit to Matt Shaw and Streetwise Publications.
What is the Rate of Return?
In the sales material for Trade Till You Lose, Matt Shaw claims that the number of pips taken over the last 3 months has totalled 3150. This is then stretched out to suggest that as such, you will profit by 12,631 pips over the course of a year. From here, Streetwise Publications make reference to £10 stakes making £126,315!
Of course all of this sounds absolutely fantastic, but it is important to note that it is based entirely on theory. The fact of the matter is that the results from Trade Till You Lose are based on a very small sample. Using this as grounds for a full years results seems highly questionable.
Conclusion to Trade Till You Lose
On paper, so much of what Matt Shaw and Streetwise Publications have to say about Trade Till You Lose makes perfect sense.
I will hold my hands up and say that if you explained to me the core premise, I could see a certain kind of logic. Letting a trade lose a little to potentially gain a lot more represents a simple risk vs reward situation in which you can decide what is right for you. Genuinely, I can see how Matt Shaw is onto something with Trade Till You Lose.
With that out of the way, I want to talk a little bit about representation of a product and service, and an area where I think Trade Till You Lose is very flawed.
If I were to flip a coin, and call it successfully as heads, I could boast a 100% success rate. Now let’s imagine that I had a bet on for a tenner that I would get that right. Would I be in a position to say that I could make thousands of pounds a day because I had gotten that one call right? Of course not.
In spite of this, Matt Shaw and Streetwise Publications are really pushing Trade Till You Lose heavily off the back of just 3 months of results. I understand different people have differing levels of expectations, but for a lot of betting products that I look at, 3 months is about the minimum that I would expect from proofing.
In the case of Trade Till You Lose however, first of all, here is no proper proofing, but even if there were, a 12 month period is being sold off the back of 3 months of results. This is not on at all in my opinion. By all means, sell Trade Till You Lose on the future potential, but Matt Shaw and Streetwise Publications actively talk as though 4 times the performance to date is guaranteed. It is not.
On top of all of this, they are asking for £447 up front in order to receive access to the software for 12 months. Whilst this doesn’t work out too expensive, it is still a big chunk of money to ask for a service that isn’t proven, which at the end of the day, Trade Till You Lose isn’t. I know I keep hammering this point home but honestly, I feel that it has to be done precisely because Matt Shaw and Streetwise Publications make it all seem so reasonable.
So do I think that Trade Till You Lose works?
To some degree, yes. Do I think that it will work anywhere near as well as claimed? Not at all, and that is the underlying problem. In order to reasonably ask for £450, Matt Shaw needs to back his claims up. In the case of Trade Till You Lose, we don’t even get close to this. As such, you aren’t just taking a calculated risk, you are taking the word of the only person who definitely stands to profit from Trade Till You Lose.
That isn’t even calculated, it is just blind, and that is no way to make an investment. I would not advise this product.
