Many of you already know that I began my trading career in the forex market.
I was young and had gone “all in” on trading after deciding I didn’t want to turn wrenches the rest of my life.
Now, I didn’t go to college…
And in truth, I barely even graduated high school.
But I soon discovered that I had a natural knack for trading…
And it wasn’t long before I was managing a small fund.
Now, let me be clear…
Just because I took to trading quickly does not mean that I didn’t make mistakes along the way.
But in life, a mistake is only a mistake if you fail to learn from it…
… And I’ll never forget one of the scariest — yet most valuable — days of my trading career.
On this particular day I’d built up a sizable position on the USDCAD.
But in my youthful exuberance, I ended up overleveraging myself.
Let me explain…
See, I had a guy on my team who was connected with some major hedge funds out of Australia…
And those hedge funds shared order flow data with a couple of the biggest banks in the world.
Together, these banks and hedge funds had created an algorithm they used to essentially identify price levels they’d push the market to.
Well, the call came through to my team member that they’d decided to move the USDCAD down to $0.9040.
Now, I was already down around $400,000 in the trade, and .9040 was another 500 pips away…
Which, based on my position size, was a LOT of money.
So what did I do?
I hedged my position.
Talk about nerve-wracking…
I sat and waited, holding that hedge and watching it creep closer and closer to the .9040 mark.
Of course, this thing could have turned around at any time and took off without me, and I’d have been stuck holding that hedge…
But amazingly, it hit the exact pip they called…
Then turned around and ran all the way back up to parity.
When it was said and done, we ended up closing out more than $800,000 in profit that day…
But it taught me an incredibly important lesson about the power of having an advantage in the market.
See, without that “inside” tip from the guys at the hedge fund, there’s no telling how much I would have lost on that trade.
Instead, I was able to turn a negative into a positive — one of the biggest single-day gains of my career, in fact — all thanks to that insider.
Guys, that’s exactly what it’s like when you follow the trades of corporate insiders.
In fact, when a company insider fills out a Form 4, they may as well be calling you on the phone to give you a 100% legal stock tip.
Now, it’s true that there are thousands of Form 4s filed every day…
And that not every one of them signals a major opportunity.
But that’s the beauty of Ross Givens’ Insider Report service.
Every day, Ross and his team of analysts comb through all those insider trades to find the ones with the HIGHEST probability of making a MASSIVE move up…
And then he hands you the ticker symbol on a silver platter.
All you have to do is punch it in and make the trade.
I mean, it just doesn’t get any easier than that.
Of course, Ross gives you the full rundown of every stock he recommends, and you can always access his research in your Insider Report members area.
Now if you’d like to learn more about the legality behind this strategy…
What the heck a Form 4 is…
And the step-by-step system Ross uses to find and filter the most valuable insider trades…