Announcing FirePips Elite Traders Club

I’ve a very exciting announcement to make today.  Starting next week I am inviting everyone to join ” FirePips Elite Traders Club

The vision of this club is to bring together traders who are passionate and committed to trading, provide them with right tools and turn them into professional traders.

This club takes the signal service to a new level by adding several key features typically not provided by any other service that I know of.

Key Features:

1. Exclusive access to all Signals

2. Trading Psychology Coaching

3. Research and Idea Lab

Exclusive access to all Signals

Starting next week all club members would have exclusive access to signals. I would mainly focus on EURJPY and EURUSD but will continue to give out all signals for all the others pairs as usual.

Trading Psychology Coaching

We all know how important this is, however  most trades spend the least amount of time working on it. Reason, they don’t know what to do exactly . I’ll provide specific exercises  and methods that I personally use, it will help you develop right mental framework.

Research and Idea Lab

We work together as a team to create new strategies and business model based on them. I’ll share my other methods of swing / position trading  and everyone would benefit based on their participation.

Overall goal is to provide profitable signals, help you develop the right  mindset and then provide new ideas to take home with you, completing the circle to become successful traders.

Limited Membership Spots

Club membership is only open on coming Sun from 5 PM EST / 10 PM GMT to 9 PM EST / 2 AM GMT (4 hour window). More membership spots will open in future. If you can’t join now, then wait until next intake, though it could be weeks or months before it happens. Note that I may close the 4 hour window early if I think I’ve reached enough members.

I am a one person team and there are only so many people I can work with at a time.  Hence my focus is on quality rather then quantity.  I am sure most people would appreciate this approach.

Method of Payment is via Paypal and Credit Card only at this stage. Club Membership Fees is USD249 per month and EA is USD49 per month. You would need to subscribe separately for each service. To use EA you need Club membership first.

Performance

Recently I published performance analysis of all trades up until week before last. This week has only made them better.

Just to quickly summarize again, to date we have +3486 pips on EURJPY & EURUSD and +2171 Pips on All pairs (since Jan 2010). I’ll continue to provide signals for all pairs as usual, though my main focus will be on EURJPY and EURUSD.

Expert Advisor

First version of EA will be released on Sun/Mon and will include free trial for a week with nothing to pay upfront. I am still working on VPS solution and will keep you posted. In the meantime keep trading as you would usually do.

Not Ready To Say Goodbye

Even though most of you will join the club, I am afraid some people will still miss out. If you happen to be one of them then let me tell you that I’ve something for you as well.

I did mention this before, I’ve been working on an intra-day strategy, I plan to open a live trading room for it some time in the future. This time I am planning to reveal the strategy so that you can learn and modify to suit yourself. However this won’t be possible without your encouragement and support. ETA on it is 6-8 weeks. In the meantime I plan on keep posting interesting articles.

Why am I doing this?

Few days ago I posted about potential investors who are interested in my method and signals. All details are now finalized and soon I’ll start trading with them, and  it only make sense to provide the signals privately. This also bring me another step closer to my long term goal. Though this was not part of  the original plan when it all started but here we are and I sincerely hope to continue receiving your support.

I would appreciate your positive and constructive comments.

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186 Responses to “Announcing FirePips Elite Traders Club”

  1. Jimalexp 8 April 2010 at 10:50 pm #

    Just my 2 cents but I would be far more interested in a service that helps develop psychology and offers a basic strategy that can be built upon.

    One could say that isn't much business in this but I think otherwise as basic doesn't mean complete but it does mean that someone is capable of making informed decisions and avoid messing up (using MM for example) even on a signal service such as this one.

    Finally, if people aren't able to make it accross the gap between the theory in ebooks and actually doing some decent earning, they will just grow weary and it will be one less person that's interested.

    • FirePips 9 April 2010 at 1:52 am #

      You are right..

      I hope that members would benefit from psychology coaching and "Research and Idea Lab" that will provide with good trading strategies. When combined together it will enable them to trade on their own.

  2. david 9 April 2010 at 4:38 am #

    i suppose you probably will filter this comment as well….boy i feel like im in china. anyhow; $249? have you lost your mind? come on FP be a little reasonable. if you think you are worth that much than why not charge per profit a certain %?

    • FirePips 9 April 2010 at 6:43 am #

      That would be like managing accounts…I am not ready for it yet…it is my long term goal and I like to take one step at a time.

      • Simon 9 April 2010 at 5:57 pm #

        I understand why you are charging – why should people get such info for free?

        However, I am more interested in understanding the details of the system that is generating the signals. Paying 300 dollars a month for some signals for a technique I do not understand does not give me much satisfaction.

        Also 300 dollars a month is too steep for me unfortunately . Half that amount and would sign up.

        Anyway, good luck with this venture. Hope it goes well for you
        Am disappointed to have to finish the journey here

        All the best

  3. Andrew 8 April 2010 at 9:09 pm #

    So I guess the free service is closing down…

  4. Mark 8 April 2010 at 9:09 pm #

    I was following your trades for last 6 weeks and I never had so much success. Your free service kicked ass of my paid service.

  5. Mark 8 April 2010 at 9:10 pm #

    Does this mean no more FREE signals starting next week? That would be a shame. I was hoping that only the EA would be some fee.

    Thanks,
    Mark P

  6. vineet 8 April 2010 at 9:26 pm #

    its little bad news for me.. as its been only two days .. i started following u ..
    But I believe it's correct decision on ur part.
    being an independent & fresh Grad, its difficult for me to commit to membership fee as of now but surely i will, in couple of months
    Happy trading.. :)

    vineet

    • FirePips 8 April 2010 at 9:32 pm #

      Looking forward to it Vineet, thanks for your comment.

  7. Cornerketch 8 April 2010 at 9:30 pm #

    I would be available to help you with the signals.. and posting of signal.. I'm sure there are a lot of people who would be able to help you build your service.

  8. Heitor 8 April 2010 at 9:38 pm #

    Not good for me, i've started following you this week. :(
    Im a small trader, so i dont have money to pay for signals. Maybe in future i can pay for your siglas.

  9. Julio 8 April 2010 at 9:40 pm #

    I've been following your signals for a bit. I'm disappointed about the decision. You've been beating the drums for a new EA and your coming up with fees and 4 hour window marketing style catches???? I hope your fee is below $100, at least. There are a couple of very good signal providers that are around that range. Anything above $100 would not make you competitive. And please, please, don't start something like silver, gold, platinum membership BS. As per the Coaching and the Idea Lab, paying members could care less if you offer that as a bonus. The big man is coaching you now… money talks baby.

  10. Simon 9 April 2010 at 8:41 am #

    All sounds good. Can you give us idea at this stage of approx price and min sign up period?

    Many thanks

  11. Tim C 8 April 2010 at 9:41 pm #

    I would be willing to just pay for the signals , if they will not be free anymore..If I cant get in on the club

  12. Gibbo 8 April 2010 at 9:41 pm #

    If your paid signals are as good as your free ones, I'm, happy!

    I'm with Mark, your free signals werte beter than the ones I paid for.

    If your costs are reasonable I'm in.

    Trading is a lonely occupation so it will be good to be able to share.

  13. Kelly 8 April 2010 at 9:44 pm #

    I have been following you now from around February after having no success with a paid service I was with and your signals.
    I would love to join your club but it really depends on the fees, which I think will be too expensive for me right now.
    I just loved your fee signals as it is building me account back up, will you be providing any free signals at all as of next week? I really will be disappointed if there will be no free signals and don’t know what to do?

    • FirePips 9 April 2010 at 2:07 am #

      Hi Kelly, Please see my update regarding the fees. I hope to see you in the club.

  14. Robert 8 April 2010 at 10:00 pm #

    Will the club feature only paid signals or will you actually teach the method by which you get these signals?

  15. Robert Davis 8 April 2010 at 10:14 pm #

    I started following your signals just last week and haven't had enough time to actually see how well they work. I'm not too interested in paying for signals that I haven't proven. I have also seen signals that were free then they started charging and were aweful after that. If you really want to do something different provide a free signal for just one pair that people could follow for say 3 months to prove that it is worth the money.

    • FirePips 9 April 2010 at 2:03 am #

      I wished you joined us earlier. Please browse through blog and let me know if you have any questions.

      All signals were posted in real time and I am sure a lot people can vouch for that.

  16. FirePips 8 April 2010 at 10:17 pm #

    Kind of overwhelmed with comments and emails right now…please give me sometime and I'll respond to everyone :)

  17. Robert Davis 8 April 2010 at 10:43 pm #

    Here is a direct quote from your own website.

    "My sole intent is to provide non-biased view of the market and help traders achieve their financial dream."

    By making all of your signals fee based you will deny those that need the help the most from getting what they need and those that have the extra money to spend will simply get more.

  18. hotaznights 8 April 2010 at 10:53 pm #

    I want in, and where do we go to this window of opportunity for joing this club?____Hope the price is within reason. I have followed your alerts since joining h the freebies on 03/18/2010! Have paper traded, and live traded with great results!!!____Hope I can get in on this window, will you send e-mail showing how to partisipate and how to join?____Regards…Denny

    • FirePips 9 April 2010 at 1:46 am #

      I'll create a new post on the blog with payment links, it will be available on Sun at the time of club opening.

  19. Tiger 8 April 2010 at 10:53 pm #

    Clearly waking up every 4 hours should request some money back from your supporters….

    And if you really have 5100 followers, the calculator gets hot quickly…

    5100x$10 per month=$51000 per month
    5100x$20 per month=$102000 per month
    and so on and so forth…
    Clearly the website and the design is very professional and it does not even seem to be done for only one person, so this is clearly an expected move…

  20. favoured111 8 April 2010 at 10:56 pm #

    Hi, I personally wrote you about automating this service. It will be great if the EA can copy all your trades for us. I have just been watching these signals and never traded them because of bad psychology and lack of gots also handsfull with kids. I will appreciate the EA having the ability to trade all your signals for us.

    Please charge according to account trading size. some of us have been complety finished by forex and just starting back with about $250. Put considerations in place as you are determined to help.

    Thanks

    favoured111

  21. patn01 8 April 2010 at 10:57 pm #

    Good on you mate. I have no issue with what you are doing.Information and education are king, and if its good its cheap. Congratulations.

  22. ingvestor 8 April 2010 at 11:15 pm #

    I recently (2 days ago) stumbled across your site and have not had a chance to "audit" the results nevertheless what you are publishing is very impressive.

    Are you able to indicate a range in which your fee might fall so as to enable interested folk to give consideration to joining prior to Sunday as some may need to discuss the expenditure with partners and the like who may not be available on Sunday

  23. poyoman 8 April 2010 at 11:26 pm #

    I am very sad of the closing down of free service..i just started last week and it has to come to end.I will be most happy if you charge on the EA and not the signals.Or maybbe you can give us limited free signals..tq

    • FirePips 9 April 2010 at 1:41 am #

      I wished you joined us earlier. Please browse through blog and let me know if you have any questions.

      Sorry can't make any changes now.

  24. Bnchmark 8 April 2010 at 11:29 pm #

    Hi there,
    I have to do this in 2 parts, cause it got too long for the blog…..
    This is my first post here, but I've been following the singles for a bit over a month now. Excellent service, as others have said, better than a paid one I also use.
    With the club thing I'd love to be a part of it, depending on the price, of course. I dont have a problem with paying a reasonable amount when I'm receiving such good quality information. However, I dont understand why it has to be shrouded in mystery, it's just a fee for service, why not just let everyone know now what the rate-card is, then we have a day or two to think it over, rather than forcing a decision within 4 hours? (Makes me think there could be a nasty suprise, or am I just being paranoid?)

    • Veilibi 9 April 2010 at 12:04 am #

      I agree. Only allowing a 4 hour period for sign up and not indicating the fee seems…odd. People need time to prepare, discuss, and even transfer monies into alternate accounts to pay via Paypal, especially if we're talking about multiple hundreds. You have the ability to provide so many with signals that can help build retirement, vacations, and college for someone's children funds, and even help others make their living.
      I know it is helping my family. My husband and I have been out of work for over a year now, unemployment's dried up and even McDonalds won't hire. Used our tax returns to open a forex account and then found Firepips and badaboom, we're paying bills again! Plus we've been able to spend so much time together, it's like a dream come true.
      Of course I am *willing* to pay, the question is will I be *able* to pay. I agree with another poster and don't understand the mystery fee. I'm very, very scared it will be something like $1000 and we will be lost again. Please consider giving a hint to the price range so that people and prepare and discuss before the signup period. Wishing on every star that the fee is reasonable. Thanks so much for the signals so far!

      • FirePips 9 April 2010 at 12:12 am #

        My bad…I should have indicated the price in the first place. I'll update everyone shortly.

  25. Bnchmark 8 April 2010 at 11:29 pm #

    Part II….

    However, I have a more personal problem. I'm in Sydney like FP, and only a few kms from Broadway. This weekend we're going down to Canberra to see the Masters exhibition at the National Gallery, leaving early Saturday getting back late Sunday. When i translate 10pm -> 2am GMT to Sydney time I think it's 1pm -> 5pm (-9 hours), which is just the worst time for me. I just wont be near a computer till later that evening. Is there any way I can give an advanced signup, or reserve a slot and pay later in the day? I'm sure I'm not alone in having this sort of problem.
    I hope you can help, I'd really like to be part of it. Please feel free to email if necessary.
    Cheers
    Malcolm

  26. FirePips 8 April 2010 at 11:35 pm #

    Quick Update:

    First version of EA will be released on Sun/Mon. It will include free trial for a week.

    • 4xgolfer 8 April 2010 at 11:47 pm #

      would like to beta test – small account $1,787, wife on disability looking to supplement income.

  27. Nicki 8 April 2010 at 11:38 pm #

    I need to know how much this service is before I can committ. I have been following and i like to do it on my own, but seems strange to offer something and we can to agree or deny without knowing the cost. I am in if it is reasonable. Please contact me.

    • FirePips 9 April 2010 at 1:39 am #

      I've updated the post with membership fees. Please have a look again.

  28. 4xgolfer 9 April 2010 at 12:03 am #

    I would like to beta test – small account $1,787, wife on disability looking to supplement income.

  29. Tim C 9 April 2010 at 12:05 am #

    I just dont want to get shut out .. if I join between 5 and 9 EST, i should be ok no? Can you just hint will it cost hundreds or thousands? ;)

    • FirePips 9 April 2010 at 1:38 am #

      I'll create a new blog post with payment links.

  30. Rob 9 April 2010 at 12:10 am #

    Profitability has now shifted from your privacy guaranteed email list to your back pocket and possibly someone else's. Congratulations on your move into the sales business.
    Good luck and goodbye

    • FirePips 9 April 2010 at 1:37 am #

      Your email addresses are 100% secure. They will never be shared with anyone.

    • bootykowski 9 April 2010 at 2:45 am #

      THUMBS UP ROB! 300 BUCKS will make FP rich, if only 1000 people pay that price, FP can do a Trip around the world… hope u Elite members people will get your signals at that time!

      FP, thank you for your signals, but I there`s no chance to get profit for me and a lot of other Followers, if I/we trade with 0.1 Minilots and pay that price… 50 or maybe 100 Bucks a month and the most of your followers will stay tuned, You can have a huge monthly income on this price too …

      50 x 5000 Followers = $250000 a MONTH (OMG!!!) 100 x 4000 (let`s say 1000 People less) $400000 a month + your Trading Profit!

      Good luck and thanx again for your signals and reports!

  31. N Lean 9 April 2010 at 12:25 am #

    I've been following your trades for about 3 months now, as far as I'm concerned this is the longest free trial I've ever had and would definitely be interested in joining.

    Congratulations on your success and I really appreciate your honesty in trading and in the current changes :)

  32. FirePips 9 April 2010 at 12:29 am #

    Update:

    Club Membership Fees is USD249 per month and EA is USD49 per month. You would need to subscribe separately for each service.

    First version of EA would be released on Sun / Mon and it would have 1 week free trail with nothing to pay upfront.

    Remember that I may close the 4 hour window early if I think I've reached enough members. Hope you understand.

    • Tiger 9 April 2010 at 12:43 am #

      it seems way to expensive…How many people do you expect to attract?

    • Tim C 9 April 2010 at 12:44 am #

      Pips, is the new EA completely automated?

    • Veilibi 9 April 2010 at 12:58 am #

      I think this is a pretty good fee considering what you're getting. Even on mini lots of 10,000 and following Firepips one is likely to make the fee back inbetween 1-3 days. Plus money back guarantee is very attractive! We are so happy to hear this price and will prepare it tomorrow for payment on Sunday.
      I have just one more question (maybe silly) because I *must* join the club: do we simply come to your blog here Sunday evening and see a link where to sign up, is there somewhere else we should go, or will there be an email with signup info? Also do we receive signals immediately after payment? Sorry if silly questions. :) Thanks again Firepips!!

      • FirePips 9 April 2010 at 2:19 am #

        On Sun I'll create a new post containing payment links. Signals starts at usual time at 1AM EST.

    • bootykowski 9 April 2010 at 1:25 am #

      "Club Membership Fees is USD249 per month and EA is USD49 per month. You would need to subscribe separately for each service. "

      I try to understand, You sell the EA seperately? Does that mean, I can purchase only the EA? And use Your Service without the Club Membership?

      I'm trading with minilots at the moment, so far so good, but: in that case, there is no chance, to earn enough money to get back my $300-investment a month!

      Thanx!

      • FirePips 9 April 2010 at 2:19 am #

        You need Club membership to use EA !

    • Ray 9 April 2010 at 9:58 am #

      To be honest guys FP can charge £1000 a month and anyone smart would pay that, regardless hes done an excellent job and to be giving out free signals for the length of time he has is ridiculous but now he can sit back and reap the rewards, $300 dollar account means as long as you can do $10 a point and make 300 pips minimum a week your sorted otherwise up you dollar to pip ratio and with his signals you can make a killing.

  33. Nagaraju.Sheela 9 April 2010 at 12:30 am #

    I am seeing your signals since a week and were awesome ,.

    I am interested to join.

    Congratulations,….

    • FirePips 9 April 2010 at 1:40 am #

      Thanks for your interest mate…appreciate it.

  34. Geitha 9 April 2010 at 12:30 am #

    Hi Firepips,

    I just managed to find trading signal which I can trust and thought it's not gonna be for a longer time,but now if it is changed under paid services then all of us will still continue to get this good services.Could you please update the price & whether am I be able to pay using credit card straightaway as my paypal seems problematic.I did not started to trade yet and neva have the chance to feel the profit,please advise me on the price & will be appreciate if it's not expensive.I'll be waiting for ur reply thanks!

    • FirePips 9 April 2010 at 1:30 am #

      Club Membership Fees is USD249 per month and EA is USD49 per month. You would need to subscribe separately for each service.

  35. Geitha 9 April 2010 at 12:39 am #

    What's the difference between club membership & ea, or we will have to subscribe both at same time,pls advise me.

    • FirePips 9 April 2010 at 1:29 am #

      You would need Club membership to use EA. There will be two different payment links for each service.

      Hope this answers your question.

  36. Tim 9 April 2010 at 12:55 am #

    Will we be able to learn your trading strategy over a couple months or will we have to keep depending on you for signals. Your service would be terrific and well worth it if we could "wean" ourselves off in a few months.

    • FirePips 9 April 2010 at 2:04 am #

      The current strategy stays with me for now. Though I'll provide more insight into how I do things.

      Plus under "Research and Idea Lab" I'll share other strategies which are equally as good.

  37. Lyle 9 April 2010 at 12:58 am #

    Will the EA be a relection of your manual trades, or is it based on different parameters?

    Pairs, Frequency of trades, account balance needed to trade the EA?

    • FirePips 9 April 2010 at 1:24 am #

      EA will not generate signals on its own. It will read from my a file managed by me on a server.

      EA would have options for you to select currency pairs, % risk etc.

  38. Raul 9 April 2010 at 12:46 pm #

    Sigo tus señales hace 15 dias en cuenta demo,son maravillosas.Esta semana estoy abriendo una cuenta en ACM y voy acomenzar en real.Quiero ser miembro del grupo,no puedes dar mas tiempo?.
    Saludos y exito:Raul

    • FirePips 9 April 2010 at 2:20 am #

      Sorry mate..English only. Try using translate.google.com

  39. richard 9 April 2010 at 2:01 am #

    hi fire pips just a quick question do you recive mail sent to you or do you just send mail out?

    • FirePips 9 April 2010 at 2:25 am #

      I do receive all emails send to me :)

  40. vicx 9 April 2010 at 1:19 pm #

    hi all! i am just for2 days have firepips! and becouse market have a turn like this i didnt get profit from your signals! i think the best solution and the right one will be to get an % from everyones profit! we can subscribe on your sie and give you the investors password! and you can monitor our activity and get your %!but if i am a new in this community i should have a test at least! anyway it is important for you and for brokers too have more acounts thats mean more power on the market! so respond us pls!

  41. nicolasha 9 April 2010 at 2:36 am #

    FP, why don't you run a managed account service with some reputable broker and cut all complications with the EA and VPS?

    • FirePips 9 April 2010 at 2:53 am #

      It is my long term goal…right now taking one step at a time.

    • Bnchmark 9 April 2010 at 5:28 am #

      Personally, I prefer the EA/VPS route to managed account, it gives me more control of what's happening, plus it's more educational, as you dont have anyone to blame when things go sour and you were the one that placed the trades. I use FXCM and they provide free VPS, so i can log in from work or whilest away.
      I want to control what happens with my money, not just give it to someone else to play with.
      So, I'm a very happy chappie with the current proposal…Just my opinion
      Cheers
      Malcolm

  42. Tim C 9 April 2010 at 1:49 pm #

    Hey FirePips,

    I think I need some more capital in my trading account before joining the club. How will I know when the club opens again ? Can I get on a email list? Or just check the blog every couple weeks? Id love to get notified via email, if possible. I dont want to miss the second round

    • FirePips 10 April 2010 at 1:47 am #

      Hi Tim, to be honest I don't know when that will happen. It depends on my work load and other commitments.

      The best way would to keep in touch is to visit blog and look for emails at the same time.

  43. harry 9 April 2010 at 2:02 pm #

    This four hour window is makes the offer a bit cheap……with your record you do not need such a trick…Those kind of offers normally make me stop reading….Gr Harry

    • FirePips 10 April 2010 at 1:43 am #

      I never thought it would seem that way. My idea is to have all members start together before the signal time, so I can finish all Admin work before we start trading for the week.

  44. richard 9 April 2010 at 3:02 am #

    youve got mail firepips :)

  45. Badmus Abiola 9 April 2010 at 3:19 am #

    so that means all our free signals will be no more?

  46. Ron 9 April 2010 at 4:08 am #

    I have only been using the site for a few weeks, and I was having some success with the signals on my demo account, I can appreciate what Firepips has done & what he has provided to me for the short time I have been using the signals. I am saddend to see our "free ride" end, but I wish him well. One should not be expected to GIVE away expertise when one can PROFIT from his experiences. Since I am new, I cannot justify $249/mo because of the small account & lot size I have at my disposal, and that is MY unfortunate circumstance. Good luck in your new adventure, and I will continue to look for mentors in the Forex Community…..I hope I find someone as competent & personable as Firepips appears to be…..Thanks Again….

  47. katayam 9 April 2010 at 4:11 am #

    Emm.. I'will miss the free signal.

  48. Jane 9 April 2010 at 5:02 am #

    I think 249$ is reasonable and EA which gives all signals FP gives to accounts 49$ and its totally 300$. I think members who can give 300$ per month should have some large money in their trading account which is required for FP signals.

    In my view 249$ is good for Both EA and Club.Will happy to Join. I also started a blog with my trades 50 days ago and its going well. Thanks to firepips for the idea of free signals.I m currently giving as free….

    Good Luck in your Business.

  49. deepak wadhwa India 9 April 2010 at 5:10 am #

    I want to be a member of the club; tell me how to get in and whats the site
    secondly, after being the member of the club, what will be the benefits
    please confirm

    • FirePips 9 April 2010 at 6:42 am #

      Sun 5PM EST, I'll create a new post on blog with payment links.

  50. deepakwadhwa 9 April 2010 at 5:15 am #

    Will be happy to be a member, if it assures me a good return


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