 In a few seconds Margaret, could you kindly tell everybody on the telegram group that I'm live on Zoom Please just tell everybody on the telegram group that I'm live on Zoom. All right guys, so I want to officially welcome you guys to today's segment of My usual Sunday webinars today. I want to we're gonna get into the technical analysis aspect of things shortly but today I want to discuss Rather the title of today's webinar is the truth behind or the truth of Forex trading or the truth behind for it or what exactly you know is Because the way forex trading is being portrayed and sold to Man you have scored Okay, give me one moment Man you just scored I can't believe this Okay, now I'm happy Kavani Kavani shout out to you Kavani Shout out to you. Okay guys. So before I proceed, please just go ahead and type Y in the question box So that I'm sure every single one of you can hear me and see me if you can hear me and see me Just type Y in the question box. I hope this sound is not echoing I hope not so if you can hear me and see me just type Y in the question box Is the sound clear? Are we good to go? Okay, so I can see all the wires coming in or are fantastic. Good. Good. Good. Good fantastic Good to see every single one of you. Francis sound is perfect. Man you are losing. Who's who is this? Are you watching like Kavani just scored? Don't piss me off, please Fantastic. All right, Mr. Taiwa. I see you or a fantastic great. So you guys can all hear me and see me So like I was saying earlier the essence of this discussion is you know I want to talk about the truth behind forex trading like The issue with forex is The way it is being sold to the common man Um, I remember when I got into trading as well My cousin was the one that was telling me all all you need to do is just check a couple of then he was I think he was trading binary options or whatever the hell he was trading and he just kept on saying Oh, just check just check the news release. I think it was forex factory So what he would do is he would check the news and then I don't know what he was doing Like he didn't know what he was doing But he he felt like I thought the guy knew what he was doing until obviously I got into forex And I'm like this guy doesn't know what exactly he's doing. Okay, so that was pretty much how I kind of heard about forex and then Obviously as time goes on once you hear about something that you can make money with When people start to speak about it, you're kind of like your mind kind of like picks up what they're saying And then you start getting really interested and then you start searching for it on the internet And once you start searching for your internet, you start getting hit with ads And youtube videos and before you know what's happening your whole mind is immersed in forex trading So people get into forex trading from different Points different channels, but it's usually the same day. Somebody's obviously trying to sell you a dream You know, they're probably trying to tell you of how much money they've made in forex And how you can do the same as well. I know that iML iML is huge Most of you guys i'm looking at names. I can see okori tea I can see lushe gusma. Most of you guys are from nigeria lua tobi a day a day with me iML is massive in nigeria and if you go for the iML seminars You know the way they portray the way they you know, everybody's where the people who are talking on stage always have the suits You know, they're always talking about how their life changed And then obviously the unsuspecting Investors or the unsuspecting, you know, just hustlers are just trying to make an extra buck obviously get involved in forex And one thing about forex is Forex is very very addictive Oh my goodness like I keep telling you guys there's a very thin line between trading and gambling very thin line Okay, forex trading is equally as addictive as gambling. I'm wondering why the room is not filling up today We have 150. I wish more people were here today to actually listen to what I have to say because This is some life changing shit All right, fantastic. I can see all the wires coming in right So there's like I was saying there's a very thin line between trading and gambling both of them are highly addictive And once you it's like cocaine like once you once you just touch it like this like you know For some people In fact, the worst part is always when you even make money Once you make money in forex You know, it's like you can almost never go back because you're saying to yourself I've made money in this thing before I can make money again You know, and you want to skip trading? I'm not saying all this to discourage you guys You guys know me. I would always come on here and tell you guys the truth You have to take what I'm saying Okay, understand exactly what I'm saying and then find a way to Make it work for you. I'm not saying forex is bad. Forex is a way to make money I make a lot of money from forex although I'm getting to the point of retirement from forex Okay, but I I make a lot. I've made a lot of money from forex and I'm still making a lot of money from forex So I'm not going to tell you guys forex is bad or anything But I'm just saying like the way the forex market is being portrayed even in South Africa at the moment and in the UK IML is taking over the whole place. Okay, and I have I have nothing personal against IML my issue with IML is obviously the way they're portraying um forex trading as you know, you can make money and One thing I got to realize about IML is the fact that They're not really traders. Okay. These guys are multi-level marketing, you know, gimmicks this they're just So if you look at most multi-level marketing companies, right if you look at most of these companies that Most multi-level marketing companies I'll give you an example when I was a kid in growing up in Nigeria um My mom was my mom joined this company called GNLD most of you some of you guys might not know GNLD some of you might know GNLD after GNLD came FLP forever living product FLP is still quite big in Nigeria at the moment um and then If you take if you look at all these multi-level marketing companies You'll notice that they always have what they call a vehicle Okay, what is a vehicle in this case? When you have a multi-level and I want to explain this thing to you guys so that you understand what you are aware Okay, I'm not saying forex is bad. I'm not saying multi-level marketing I'm not saying just listen to what I'm saying. It's always good to understand what's in the box Okay, always good to understand what's in the box before you actually open it So most of the multi-level marketing companies will always have um, what they call an investment vehicle attached to their multi-level marketing To their MLM company. Okay, so I'll give you an example um GNLD and FLP Was a multi-level marketing company because my mom was part of it and she was trying to recruit people I was just freaking stressful They were using nutrition. Okay nutritional products. They had a product to sell. Okay They were using nutrition as their investment vehicle to you know to come because they they have to tell their members That listen, you can earn money like they has to be a front for the business Okay, so the front for FLP and GNLD was the fact that they're selling nutritional products Okay, however If you sign up for people to bring four people you to bring four people We can pay for your tickets to go to Dubai and we can give you this and you'll grow to chairman 100 chairman 5000 chairman 10,000 You know, so they'll put the the nutrition in front and bro my house my mom bought so many like Like we had like, you know, we had the products come in you know, it then we switched to FLP and And but don't get me wrong even multi-level marketing companies There are people who still make a lot of money from multi-level marketing companies I actually have my mom's very good friend who is she's math like she's made like Thousands of dollars from multi from FLP Okay, but the thing is you always like You need to understand the game so that you can become a better player. Okay So that's multi-level marketing companies in one aspect of things now when IML decides to say, okay They don't want to do the regular nutrition They want to use another investment vehicle to to push their company forward. They decided to use forex now Forex is not something that you want to Use as a front for your multi-level marketing company. Why because forex is a different industry on its own Is a different ball game Okay, it's not something you want to just double in why because first of all is a highly addictive space Highly very volatile space and the risk profile Forex is crazy You can have money today and it can be gone tomorrow. How do I know this shit happened to me? I can have money today the money can be gone tomorrow So for those of you guys who have come into forex from IML I'm not hating on IML. My point is don't you don't stop lying that you're actually teaching people forex whereas You have a Behind the scenes agenda whereby you actually want people to sign up for people to sign up for people so that you can grow and blah Blah blah and stuff like that. Okay, so I've been able to unpack that right so IML multi-level marketing to one corner This is forex. Okay. We're forex traders forget about IML They can't teach you shit even the owner of the company doesn't know how to trade. How do I know this because I know the guy When they were starting off, they actually wanted to they wanted me to be one of their Speakers to cover sub-Saharan, african going on tour and speaking and most of you have heard this story before but I asked them What is your plan for education? What I what is your plan for trader education? When they were like, yeah, yeah, yeah, yeah, we'll do that. We'll do that like One week two weeks three weeks four weeks five weeks We had a meeting about maybe So met them in January had a meeting with them in april and there was still no platform for education And that's when I knew that these guys These guys are not interested in educating the traders. They're actually more interested in what? Multi-level marketing sign off for people to bring for people to bring for people So IML out of the door. Let's face forex. So guys Today, like I said, I wanted to speak about the truth behind forex trading But I got a telegram message too from one of our students from the forex mastery Let me see. She sent me a telegram message and she sent me something. I just want to quickly I don't know how to pronounce her name, but is a girl and She's one of the female traders on the forex mastery program. She sent me a message today and She said something quite profound Which I actually didn't even realize That there is no trading psychology module on the forex mastery course Now the truth the honest truth about that is I recorded a A trader psychology module that was supposed to go in forex mastery because I actually still have it But when I played the video back at many spots on my face, I didn't like the video So that's exactly how the video didn't get uploaded. So what I'm going to do is I'm going to Rerecord another one because that is so crucial Like I cannot believe that I forgot to ensure that was updated So if you're on the forex mastery program give us another 10 days because I'm going to spend this week I'm going to record a fire video. I'm going to upload it on there and then we're going to update the program Obviously just to serve you guys and if you're already on the forex mastery course is free of charge You know, you get lifetime access once the video is updated or update it on the telegram group I'm just logging to the program and it's going to be there. Okay. So just give us another These days recording videos belong for me So you need to give me at least 10 days to to record and send it over to my team for them to edit and upload So about 10 days from today, you should have it on the program So I'm like I was saying today. I want to speak about the truth behind forex and what trading psychology is such a very important aspect of you know Your journey to becoming a successful forex error. So that's exactly what I'm actually going to be speaking about today So I've taken some notes Okay, so thinking to myself like what angle am I going to come at this from like when the situated psychology is very broad and big not big but very quite broad, you know, I mean like, you know, what angle am I going to come at this from and um, the angle that I always like to come at everything from is the truth personal experience and the truth Margaret, please if you're on the Margaret, if you're on the call, please send me a message on the whatsapp Right now. So guys for those of you guys who do not know who Margaret is She's our new chief marketing officer at Willis University. I'm sure you've been noticing. There's been some very nice Content coming out. The videos look different images look different the text look different things look a lot better and nicer Margaret has come on board And she's absolutely smashing it but I just need that to send me a whatsapp message I'm on the call fantastic. So Margaret, could you kindly remind everybody on the telegram group that I'm live? Please All right guys, so shout out to Margaret for putting this call together She's actually gone ahead to schedule like nine or ten webinars in advance. Okay. She's quite proactive She's working to ensure that you guys get value value value because left to me I'm going to get carried away. I have so many things to do But she's here to make sure everything is fine. So back to the topic of today trader psychology So number one thing right the number one issue that I see with most forex traders the number one The number one thing that most traders cannot really get a hang of like that. That's actually blocking their brain from success is Expectation Okay Trader expectation like what are your expectations from forex? Okay, so if you're going to go into anything When you're going to school your expectation is to go to school study hard graduate and get a job When you embark on the journey when you leave your house you left your house on sunday Your expectation was to get church leave church come back home eat jello fries Sleep and eat watch my news match. Well, at least that's what most people did today, right? So same thing with forex training first things first you need to you need to like this is not a Sorry guys like this is not like Stop sending me messages So this is this is not a joke like you first of all need to say, okay What are my expectations from for forex? and Having your expectations from for forex will help you understand. Okay I want to make 100 percent. I want to make 50 percent. I want to make 60 percent. Okay And based on that you can now say, okay. I have $1,000 most of you guys Hear about forex from like I said the multi-level marketing companies You see the fast cars you see the super cars and all that and this kind of like affects your expectation Your expectations are no longer realistic. So number one is you need to have very realistic expectations Now like I said, most of you guys are coming in from Nigeria and you guys Nigerians We love money naturally like we want to we want to have We are very Nigerians are very abundant people. Okay very abundant people. We want to have a lot We want to you know show we want to make our parents proud We want to drive the latest cars. We want to do, you know, we want to do big stuff and once these tutorials and youtube videos Start showing us that you know They start putting forex beside a Lamborghini Your brain kind of like connects forex to a Lamborghini And then when you eventually start trading you want to use trading to buy the Lamborghini Okay, so this is always the primary issue Okay, so first things first you need to understand is you need to set very realistic expectations So now what are what should be three one guys? Sorry Three one Oh my goodness. Mason Greenwood Mason fucking Greenwood That's my g All right, cool. So You know, you want to say to yourself like what exactly am I getting for it? What am I like what exactly am I expecting to get out from forex if I have $1,000 How much money am I looking to make back from this $1,000 a lot of you that Like these things see the things that I speak about on most of my videos My sound very basic to you guys. I mean like But because of how basic they are most of us overlook them Same with me like I was overlooking this shit. I'm like Expectations I don't really I want to make money like my expectation was let's see how it goes Let's what see how it goes. It should never be your expectation in forex You have to have a goal rule number one. What exactly like what what is my goal? What exactly is my goal? So my goal is 50 percent 60 percent 70 percent blah blah please rule number one Your your expectations have to be realistic your expectations need to match your skill level Most of you guys are coming to forex for the first time and you think that you're going to take $1,000 to $10,000. Who are you? Who are you like? What do you think you are? Really tell me what do you think you are? You don't know anything about the market You have probably only seen one market cycle. What is a market cycle? Market cycles are You know market cycles are caught in the span of Maybe every two to three years you see a new market cycle come. Okay, so you've probably only seen one market cycle probably started trading maybe August of last year and you think you're going to take one kid 10 cake like who do you think you are? There's so many things that have happened in the market or there's so many things that have happened in market That you're not even a worry about there's so many things that are happened That are going to happen that you will most likely not know how to handle them So if you think you're going to take one kid 10 cake, this is where the problem lies Because along these lines are very shaky. In fact, you should be gambling at this point at this point you're gambling so rule number one Your expectations have to be what realistic Leave all the youtube videos you're seeing of the flashy cars People posting profits and this and that those guys that posting profits. They don't post their losses And this is exactly why I make a conscious effort because there are times I want to go on my telegram group and I want to post profits My profits run into North of 100k us These are the profits we're making we have to understand that we manage funds for individuals, but at the same time I'm trying as much as possible You did not acknowledge me sir I'm new Somebody wants an acknowledgement. Let's give him one. Okay And his person's name is ejama abbas welcome your royal highness welcome I think that message was a bit weird was okay. You're welcome Um, welcome to to the family. Welcome to forex the forex mastery family the police and all the stuff that we like to do here Okay, so welcome. Do we have any new people in the house guys? Maybe we should have a song Maybe we should have a song for newcomers. You know, how are we doing church? You are welcome When I'm in Nigeria, I go to I go to a catholic church in in like if it's all called divine mercy So when you're so the priests tell you to stand if you're new to the if you're new to the please stand up to say You are welcome. You see the playing music about the shaking your heart. Welcome. So maybe we should have our own theme song We should have our own theme song Ah, they're more newcomers You do acknowledge me too Really, okay. Sorry. Okay. All of you guys stand up. Let's acknowledge you people are stand up. You are welcome to forex mastery We are So glad you have come as you are here with us Get the point Guys, my voice is horrible. Anyways, take me talk about a day. Julu. Welcome to the To the to welcome to to um To to to the family Bola g arolo welcome as well So we have okay. The girl's name is grace grace grace was the one that wanted us to speak about traitor psychology today So you need to thank grace. She she she requested for this. Okay, guys So welcome to all the new people. All right. Welcome. You are all blessed Blessed with more peeps blessed blessed tickets. All of you take it. Take it. All right, fine so number one thing like I was saying Someone said I'm going to compose this song. That's fine. So number one thing I was saying is realistic expectations You guys need to first things first. You need to have realistic So the second thing is so now the second thing is when you come into the forex market, right? And you eventually start making money Your ability to manage your emotions during that period is very very important. Okay When I came into forex, I remember I made a couple of winning trades, but that was actually the issue I wish I didn't make those winning trades because if I started losing out of the more I would have been looking for more education So I got into the market made some wins won some trades And I just thought I knew it all and then I went to go and get some more money That's how it always works. You mix you win some Okay, and then you go and get some more money, right? And then you invest that money and what happens? You eventually blow the money so Understand that managing your wins. Okay, you're my you need to detach yourself from the wind You've won money. You've made money in the market. That's fine. And this is not just for brand new traders This is For traders who have actually been training as well. Okay, this costs across everybody, right? When you make a when you win Okay, just keep it Okay, look at it as percentage increment now How you treat the next trade? is what is Like the most important thing is how you treat your next trade. Okay, so you get into this trade You make money on this trade when you're going into the next trade you have to go into the next trade with the same amount of Precision Okay with the same amount of diligence that you use because guys I know the analysis that goes into Predicting a profitable trade. Okay, and then that trade eventually plays out. You're like, yes What tends to happen is after the winning trade, we tend to get very comfortable We think we're super with we think we're this Sorry Okay, we think we think guys am I echoing is the voice is the voice. Okay. I'm just trying to make sure I just moved into a new office. That's why Things be echoing. Am I echoing? Clear sound am I echoing if it's clear? Let me know if it's echoing them, you know It's clear. All right. So you guys not echoing. All right. Fantastic. So When you get into it when you have a winning trade forget about it The next trade you want to place is even more crucial You want to take your time and you want to examine that trade properly? Don't think all because I just came out of a winning trade. Okay. Nah Doesn't always happen that way. So you want you want to treat every single trade the same way So how you manage your wins is so important Okay, see what happens When most traders lose money They fall back to learn But when they win They don't fall back to learn they want to forge ahead You need to have a very Standardized way of trading the market. Okay. So if I win, I need to take some steps back I need to still check what's happening this before I get into the next week when I lose It's the same thing as well Most of you guys when you make a winning trade, you know All hell less loose and like I can jump in and I can do this I can do Guys, I keep telling you guys that the way you should treat your forex trading Journey or your forex trading account, you need to look at yourself like a pilot. Okay You see pilots I wanted to become a pilot when I was a kid. So I know a lot about aviation before the pilot even Gets to the aircraft He already knows Every single step of the journey He has a he has a notepad He has a trade plan. You can see guys. This is my trade. This is my trade plan. I still have 10 years later. I have a trading plan beside me. Okay This is what this is Guys, can you hear me? Somebody says my volume is low. Am I good? Can we hear you guys can hear me? My volume really low Are we good? Loud and clear fantastic. So 10 years later, I still have a trade plan. Okay, so How you so like I said as a pilot he has already mapped out everything on his book He knows exactly what is going to happen. He knows the weather conditions. He knows he has Contingency plans. Okay contingency plans. So Once you get into a winning trade, that's fine. It's history You're only as good as your next trade If I predict 8 9 10 trades correctly and I get one trade wrong, right? All of a sudden everybody's going to forget that I just done 10 11 trade straight correctly And they're going to pick on the one that I just got wrong right now Same thing with life You see the artists like whiskey than davido Those guys can have like 10 tracks hits back to back And then davido comes out with a song whereby he's just screaming like just like Everybody's like that guy has a frog voice forgetting that the guy just did 10 solid tracks So same thing with trading as well. You're only as good as your next trade So when you get into a winning trade in fact go and relax God, you know what I even advise so like we're talking about trading psychology Let's even be honest and realistic about this shit, right? What I do. This is what I do When I have a good When I have when I hit When I hit I close my laptop and I go and chill You know, I wear some nice clothes. I just I just go. I'm just sure I just feel on top of the world. Okay, and then before I come back to start looking for me more trading opportunities I have to reward myself. First of all, I have to reward myself with, you know, just seeing something nice and just chilling and just You know just being happy and then before I come back to the charts Um, obviously there's there isn't really anybody for me to learn from obviously because You know, there's no videos for me to really watch to say let me learn for us What I do is I go back and rewatch my old videos I try and learn more from myself and try and Highlight the mistakes that I probably made in the past. I go into a learning process before I go back to actual trading I take my trades one by one Every single trade is unique. You guys are trading. I'm seeing some people's trade laws 670 Then but this you know the thing people don't listen to me. I'm seeing people have Five six seven trades Open at the same time me. I can't do that. It's not because I can't do it because I can't open multiple trades I've done that in the past and believe you me when When shit hits the fan Have you ever seen a mother that has three That has triplets in the mall before the mother that has three kids In a in a in a mod that's full of toys Trying to drag this or a dragging idea. This one drag That's what is going to happen to you when you have several trades open and FOMC is about to come out or NFP is about to come out. You just you just don't know exactly just like you just confuse This thing happened to me 2015 2015 I had about six trades open Guys, I probably I was up maybe 75 percent I'll probably up 75 percent on my account 75 like I was this close to doubling the account So that me and the investor will just split the money cash 50 like I'd already gone to I wanted to I was I like I already knew the bm doubling I was gonna buy I knew the car wanted to buy like I was I'd seen it at like everything was cool You know like I've spoken to like don't worry. I'll send you money Don't worry. Everything's fine. Everything's sorted. Don't worry. It's cool. Relax. Relax. I'm in charge guys I knew FOMC was coming out that day, but what even happened? I just didn't pay attention to it that much. I just felt like fundamentals will follow through with technicals guys when When that when that market started turning around I was I was closing trade like this. You know when you close trade on your when you close trades on your empty for years so like I was closing Guys the the whole market reversed now You have to understand that if I had only one trade open I would have been able to look at that trade and try and understand. Okay These are the key levels. Okay. Let me just but I had six I had six trades open six it is in it was impossible and it's impossible for you to delegate the same attention to those Individual trades and guys you have to understand that when things want to go bad They go bad quick in this market They go bad very very quickly So this is why I always keep I always stick to one trade at a time. I know it sounds slow Sounds boring. Oh my god. We're here to make money We're here to make money Okay, you see this thing they call life and you see people that When you look at life and you see the haves and the have not Always ask the people that have the people that are wealthy people that live in victoria. I love like he banana They would in life There's a there's a rule book to life. There's a manual to getting rich You don't understand. There's a rule book To getting rich in life But the people that don't have Just don't want to educate themselves On the process. What do I mean by this? The people that have they operate in a very strategic manner Okay, if you look at the very wealthy people They are very emotional. They are the most heartless motherfuckers you can ever come across They're not heartless because they are the devil's first child They are heartless because they have learned to detach emotion from business The people that don't really have money are always very emotional about everything. Everything everything This is why you see I know i'm digressing a bit, but we're talking about psychology Psychology it's not just trading psychology psychology on life psychology on the human mind how to get ahead As long as you listen to me and you attend my classes Um, I feel that it is my I'm obligated to to impacting you guys with as much information and as much knowledge as possible if you take The people that have and the people that do not have You'll notice that the people that do not have are very very Emotionally volatile and this is why you see When it's time for elections, especially in Africa Not even in Africa around the world The people who come out to shout and rally and you realize that is the low income people the people Who have the money? Don't go anywhere. They're in their houses. They're just watching tv. Why because they're able to separate Emotion from logic. They understand that okay Government come like they don't they're not stuck in front of the news listening to one idiot speak and saying this guy is a bad guy Okay, I like this guy over this guy. I don't they are very very neutral In their approach to life Okay, they're very neutral in their approach to life. Secondly, they understand that look There's no such thing as getting rich overnight If they look back historically To the very wealthy people over time john d rockefeller andrew kenege john d rockefeller is The biggest oil and gas merchant. He was the biggest oil and gas merchant in early late late 1800s early 1900s His company called standard oil is what they broke into chevron. Would you believe that chevron exon And 25 other oil companies that you know today were all one company before All the big oil companies, you know that from that are from the us all came from one company and one man owned it He didn't get rich overnight. He built his wealth over time So the people that you're seeing now that the people that are wealthy now When they look back historically they studied the people that were really rich And they found out that these guys What they did was they didn't flip their money. They grew their money Nobody really likes to hear this And for the fact that nobody really likes to hear this is the reason why only very few are so successful and the rest are just you know, just Just getting by I don't want to say have nots I mean in developed countries like the us and the uk where I spent live most of my life There's no poverty like the poverty rate is almost non-existent, but you can still see a a very clear demarcation between I mean, it's not that clear, but you can tell this house is nice. This house is not that nice You can tell I mean, so even in the developed countries You would literally see Guys I forgot what I was saying give me a moment I was getting somewhere with the point anyways back to what I was saying so You know, there's a rule book to things the people who have Understand that they are here to grow their money, but they have not they want a quick buck This is why you see people who don't really have that much money always playing the lottery. They are believing in hope They are believing in a miracle They're believing in If you go overseas churches don't thrive in the uk like I Move to Dubai in December. I've been looking for a church. There's no church Well, you might say it's in muslim country But if you go to the very developed parts of the world You don't really see that many churches now. I'm a christian. I'm a christian boy. I'm born into a christian family You know, I believe in jesus christ 100 percent, but my point is The people who come from The more expensive and the high-end zip codes they don't believe in miracles They believe that everything Is strategic everything is systematic and to a certain extent. They are actually very correct A lot of us, especially in africa are always believing in miracles This our miraculous mentality even affects the way we do business Ie forex trading. Okay. I know you're not believing in a miracle To flip your account and stuff like that. However, there's still that mentality of you know, I can just I can just blow That's the word I've been looking for. I can just blow with this thing. No, no, no. There's a process And you have only The people that follow the process are the ones that are most likely to want to succeed now How does this relate to forex? Same thing When it comes to forex, we're not here to flip accounts I did not make money. I'm telling you I I can I can I can I can sit down here and I can tell you that I've made more money than most of the forex traders I know maybe only Of the top of my head only maybe one or two and I'm not bragging I'm telling you facts. I only know one or two forex traders that I've actually made more money that I have From the forex market. The rest of them have not why Because the rest of the people have the mentality of flipping accounts The people who have actually stood the test of time 10 years in this industry have been most people don't even last Maybe a year two years and yet, you know, they're out there. They're out the door. I bet this thing is a scam. I bet this doesn't work Okay, but but check and not just in forex in every aspect of life Think back Those friends that you probably had in university in high school They were just going about this one that they're hustle that they were going about Going about just doing doing doing that probably everybody laughed at them You know that hustle that they were going about that wasn't really paying off that well and then Those people that stuck with their hustle up to this point. I'm talking five six seven eight years nine years later When you look at them now, you're like, wow And the guy would tell you like you and me started this thing at the same time I know people that we came into forex market at the same time But they're no longer. They don't trade anymore, but I'm still here I can't even like like when I look across to me, there's nobody Maybe one or two of maybe three traders man There's nobody around me that started trading forex with me In fact, when my the people like my if you guys remember I told you about my cousin who Told me about forex trading then when he sees me do my webinars and you know sees me trading and Living a good life. He's like wow. So you actually went I went through I went through with it. Okay I followed things through because I understood that This thing is not going to happen overnight And as a matter of fact, even the overnight mentality actually affected me as well I'm I'm not in like I was not immune to it. I wanted to like at the age of 22 23 I was angry that I was not I didn't have a million dollars in my account. I was very pissed off But you know every year I only do you know what I was doing? I was setting 12 month goals at the end of this year. I'll have this year This is the year I'm making million dollars Guy, you know, you won't get 100k for your account. You want to make a million dollars at the end of this year Are you joking bro? Do you guys get what I mean so like Everything is it everything is in stages. Everything is a growth stage So same thing with your forex account as well. You want to say to yourself, okay, this one k. I want to let me start by growing this one k to 2k bit by bit 7 percent 10 percent 12 percent And one thing I want to add one thing that I can assure forex traders today If you stick with forex and you're able to grow accounts guys, there's no prize For the trader that double the account the quickest I keep telling you guys and I know some of you guys don't really have that much money to trade and that that's another point There's no prize Because the same way you've gone up is the same way you're going to come down I've seen that my telegram if I tell you the messages that people send to me Obviously, I can't disclose them here because they come to me in confidence They come to me in I remember the word I'm supposed to be using but they come to me anyways and they tell me Okay, sir. This is what has happened. This is and I've blown the money I get these messages two to three a day these people You know just probably stormed across me on youtube and all I want to hear the stories It is always the same pattern It's always the same story over and over. I was doing well. I was doing well. I don't know what happened I was doing well. I was doing well. I don't know what happened. Okay I know what happened You are doing well because you are risking massive chunks of your account to grow that account as quickly as possible So when the bad times came When the because the bad times will always come guys, this is a financial product we're talking about Okay, and most of you guys barely have enough experience in this market So they're definitely going to be situations and scenarios in the market whereby you don't understand the market conditions As we speak the forex market is very very dicey I haven't been trading that much. I have left the market because the conditions are very very complex to understand Complex situations will come. They will be the easy times and they will be the not so easy times Okay, yes, you've been making money making money But when those tough times tough times come Can you withstand? Can you withstand? Can you can you can you can you can your capital hold? Please my network is very bad. I hope this webinar has been recorded Can you can you guys this is saying that goes? The market can remain irrational Longer than your account can stay liquid. What does this mean the market can afford to act mad Longer than because Think about it If the market decides to stay mad for two weeks a lot some of you guys would be wiped out because you'll be kicking It's put this strategy. I use this last week. I use it two weeks ago. It's a lie. Anytime you lose the money The market can remain irrational longer than you can retain capital in your account People make money they grow the account to the top, but once those bad times come And it's usually maybe the third of every month generally the first week of the month Maybe you set monthly targets and all that. I just check my telegram. It breaks my those messages They break my heart They they break my heart because the person usually has to start again from and it's just It's just a mess. So I always advise people instead of rushing to the top Step by step so that even if you have to come back down Your phone will be that great. You only come back down a few steps and you continue going to the top again This is the mentality of the halves The people that have the high network individuals you would realize that And I learned this I learned this from interacting with very wealthy people. I was fortunate enough to meet Um The richest black man in the world Aliko dango tell fortunately not to meet him. I was in my First year of university. I was fortunate enough to meet him and I was obviously quite intelligent So I made an impression and ever since then we've maintained a very cordial relationship. So I I was fortunate enough to be able to Sit amongst very wealthy people sit on very I mean man city football club the owners are my very good friends So I'm very fortunate enough to sit amongst very wealthy and great people and When it comes to I noticed something when it comes to investing their money They don't really care about how much returns you're going to give them I noticed that when I presented my portfolio to You know, just normal people they want 20% a month they want 30% a month They want this amount they want but when I started speaking with This time I'm in the first second year of university when I started speaking with the halves What I mean the half the the multi-billionaires they're not so Interested in how much I was going to return They were more interested in how much money I was going to lose This is they were more interested in the risk. What is the risk involved that poll? This is exactly what they want to know like listen, mate. I need to know how much money Can I possibly lose on this investment? Like they want to know like Before you start talking about how much money I'm going to make tell me how much money I could lose okay, and I'm like, okay, but I'm like but I can give you I can give you I can give you 60% a year I can give you They're like, all right, cool. All right, cool. I'll get back to you Would you believe that the investors that I offer the most amount of returns never got back to me? They never did why because they're scared. How can how can you promise me 60% with guys 60% return in a year? I'm not talking about in a month 60% in returning a year like these guys were like Are you sure? Why look across all the financial instruments in the world? Look across everywhere no Investment vehicle offers you anything more than 20 a 20% a year is even a lot of money The the best performing The best performing financial index At the time was Believe you believe it or not. It was in Nigerian treasury bills market Nigerian treasury bills was was promising 90 12 percent a year in the uk Barclays bank my back least savings account gives me 0.25 percent 0.25 percent a year annually So if I put one million pounds At the end of the year, they probably would give me not 25 k was it 25 k 10 percent 100 k. There's 25 k on 1 million pounds Focus that man. If I put one k there, they might probably give me only 25 pounds or maybe 25p whatever the case may be insignificant This is what the developed countries are Are are giving to their investors now when it comes to us retail traders We need these are the people that we need to Have a look at and say to ourselves these guys have gotten it right Don't think that you are you are going to outsmart You have to say that these investment banks hire the most intelligent mathematicians from king bridge freaking london school of london the school of economics they're coming from oxford university guys I applied for those jobs. I know if you see the exam If you see the blind you see chinese boys did the intelligent did the very best even those brilliant traders That even have backup algorithms are promising you promising investors 7 percent a year 12 percent a year, but you You you that just started forex trading seven months ago. You want to do 30 monthly What banks spend four years to do you want to do it in a month? You know, there's a disconnect here. This is what I keep telling you guys the people that have there's a rule book to get in rich He exists The people that have they just follow the rules they believe in time You are not good, but the special grace of god were all going to be here. Nobody's going to die. I pray everybody's going to be here So stop and this this thing. I'm talking to you guys about it affected me as well I wanted I wanted things done now. I mean nine job boy for goodness sake. I won't They to blow I wanted to blow young I wanted to make a statement At 20 23. I wanted to have my house in london. I wanted to have my this my maserati I wanted everything I wanted to have them You know and because of this Because of this unrealistic expectation It was it was hindering me from seeing the bigger picture my life my life My life changed Once I started to think long for long long long term Okay, so my life changed My life changed once I started to think think long Time don't think long Think long that's where my life changed Okay, I've started to see like I wasn't in a hurry Fucking hell. I was in a hurry. My mom used to say to me like oh boy. Relax. Calm down. I'll be talking to my mom when you film my head Paral ideas I need to do this. I need to do this. Calm down once I started to say, okay Set realistic goals now. What does how does this relate to forex? Sit down with yourself Even if it's one trade a month Start start with 5% a month consistently Start with 10% a month consistently Not 10% a day Guys, you go for those stupid women and those stupid seminars They'll bring a one rubbish excel spreadsheet and they'll be telling you stuff like Compound interest. God will punish them and their compound interest. You think it's easy to compound interest? They bring all sort of rubbish. Forget about compound interest Do only 5% a month. Let's start with that 10% the average forex trader that deposited in january Doesn't have that same account in december The money is I'm not saying make money. I'm not saying grow your account I was just saying forex trader take this $10,000 by december. Give me this back the same $10,000 Impossible the money is gone By april may April is too far You will test yourself. See, let me just even keep the money in my account from january to december not even grow the money Let me just trade trade trade and let me just break evil It's most fortunate that I am able to see the accounts throughout the entire year Why because of reckless trading? so like If if you're looking at forex trading as a long-term thing Like you're looking at this thing like I want to leave my job and quit and then you have to look at the people who do it right and Like emulated not the people who are wearing Gucci and trade putting Gucci bag beside their Their trading screen. I'm seeing people don't have Gucci bags Gucci belts. You know, they're flashing this flashing cash It's you think that having his Gucci bag beside my Computer screen is going to help me predict your USD better. What is the Gucci bag going to help me do? You know, those guys are all jokers. You have to look at the people like emulate the guys that Have been here the longest Okay You don't want to emulate me. It's fine. Okay, we can let me let whoever it is you but you have to For a legit person. I've been doing this for many many many many many The longer I The more years I add to my calendar and forex The less I am in a hurry We started off trading this year. We've been doing Tuesday trader talk. Yeah Um, I see some people asking me about the forex mastery course already give me so I will attend to forex mastery Let's just relax and get to that Let me just pull out my heart first This year we started our Tuesday version Tuesday version of trader talk And so so far so good. I think all our trades have gone well apart from the euro dollar and So if we've taken 10 trades, they seem to begin of the year. I don't think it's up 10 but if we're taking 10 About I think one stop loss maybe two Two have hit target the rest We've had to get into the trade now. This is another point. He may say I'm going to go over to trade management. Let me explain something quickly So we we've taken trades whereby as for most of forex mastery students, you know When we get into a trade we once the trade gets to a setting point we must Take a certain portion of that trade out right why because The market has gotten to a point of resistance or support and I feel like the market might reverse In order to avoid the market reversing and taking wiping away all the gains we've made entirely What I do is I take out about 50 percent of my position and I move my stop losses to break even This way I have been able to bank something no matter how little Now and then I leave the remaining trade open So if it goes in our way, we make more money if it doesn't go in our way We don't make more money But at the same time because our stop losses have removed lower like I've removed below our break Below our entry we get stopped out for that's it So for instance, if we have two lots open or close one lot out We bank that profit and if the remaining one lot doesn't want to go in our way The market eventually might go against us But we've been able to protect ourselves by putting our stop loss past break even this way. Maybe we are planned to go 10 maybe we plan to make $1,000 on this trade But at the end of the day we found out that we're only able to bank maybe 250 dollars on this trade Now guys, you have to understand something Since we started trading at the beginning of the year, most of our trades have been break even trades whereby we've planned to go the long run, but The market got to a certain point and we locked in we did our thing that we like to do and then the market eventually reversed Now this singular act Has not only saved and protected our account my trading account and for the traders who have been religiously following My trader talks Tuesdays. This has not only protected the account But it has enabled us to grow the account now the accounts have not grown significantly But it has taken off gradually As opposed to the traders who have no plan in place, you know, they just you know, they just like you know what? This thing needs to get to my target Guys, I'm okay with getting into a trade and the trade only gives me two percent I'm very okay with that very very okay with that. And when I say this thing people are like this guy crazy Guys, this is what has sustained me over the years. Why because There will be times when the market eventually opens up and gives us those 30 40 50 percent home runs on one trade, but I know something statistically The forex market will trend only 40 percent of the time Meaning that the remaining 60 percent of the time the market is going to behave irrationally So for this reason, whatever it is I can take Whatever it is I can get like this. I take it If the market gives me I'm never emotional about this shit. What is it? My father is the forex market Is it my father's property is not Whatever it is I can take Whatever it is I can get I will take and I will keep And this is what I stack on I stack on and then This is 60 percent of the time and then 40 percent of the time whereby we analyze the market and then the market just wants to just move It's always a breeze the market just goes and just adds But at 60 percent of the time whereby the market is not exact What do I mean by the market is not trending 60 percent of the time you realize this is something I want you guys to listen to 60 percent of the time you notice that when you get into a trade Before the market even goes that far Maybe it goes far, but the retracement is always very sharp They come back quick Comes back quick. Why because during these periods the market is not exactly trending The market is trying to find its feet is trying to find its direction It doesn't know which way which way it needs to go exactly So for this reason, you know, we have a lot of lower time frame algorithms and banks and non-fam payroll and distractions slapping the market back and forth back and forth. So your trade opportunity comes Present you with the opportunity always try and lock in as much profit as you can Wherever the market stops you at that's fine. You go and chill and get ready for another day 60 percent of the time that will happen now the really 40 percent of the time are those trade that you see Ah, that was a big fish That was a big fish But the problem now lies whereby Most traders are unable to make it out of that 60 period What do I mean by this that period of the market going coming back with That 60 percent of the time a lot of traders at their accounts are unable to sustain during that period To even make it out to eat the fruits of their label By the time they get to the 40 percent of the time the accounts They've taken me from ten thousand dollars to one thousand five hundred dollars The account is fucked. It's gone depleted They are able to survive You see telling you guys there's a rule book to get you rich in life. You must always read and understand. It's always a hack For everything you see there's always a way But the problem is a lot of people always want the shortcuts. It's a shortcut. So this way I don't not ready to this I'm not ready to this. I'm not ready to put in the time Freaking Floyd Mayweather Floyd Mayweather one of the greatest lightweight boxers of our generation The guy is probably training right now Probably boxing right now. He's retired, but the guy is probably boxing right now So that you know dedication like the guy is not like You know and he's been doing this over the years. He on that's like Most boxers came into the game like, okay cool. I want to box. I want to be the great. I want to be the great Do you know what it takes to be the great? Do you know what it takes to be the greatest boxer? Do you know what it takes to to to have the belts he has This guy is training every freaking day He's he looked at boxing. He said I'm going to do I'm going to do whatever it takes To become the to become the best. I'm going to do whatever it takes to become the greatest This is what I said to myself as a forward should I'm going to do whatever it takes As long as there's a way As long as there's a way As long as there's a way as long as people are doing this thing, right? This is always my mentality about everything I want to do People have done like I always ask question like people have done this because the other truth is Things are never what they seem Things are never always what they seem you see somebody has done achieve this great thing And this is always common with people that want to start new businesses Ah, she's selling bags and shoes. Oh these are You know she's selling this she's selling that until you enter the business before you now realize It's not exactly what it seems Okay, however, however, if you say to yourself I'm going to do whatever it takes the problem is Your expectation of the process If I love people don't even they never factor in the process Your expectation of Forex and the reality of Forex I like this The discrepancy is huge Your expectation of Forex and the reality of Forex Your duty is to the more you bring both of them together the more money you start to make Not more money, but the more progress you start to make Forex trading is an investment vehicle here to help you Grow your capital if you don't have capital in Forex. I suggest you go and look for capital or you leave the market alone Forex is not a joke. It's not a gimmick It's not a get rich quick instrument If not, you will try to do it you will try you do this to you It's not it's not going to feel so it did this to me It did my grandfather left me in heritance to one thousand dollars. It's not gone I was 17 the time The money gone. I wanted to I'll never forget one day. I was getting ready to trade nfp non-fampero nfp friday There was a point in my life whereby nfp was my strategy. I'll wait for first friday of every month And then I will there's a strategy that because okay, so let me explain you guys I probably watch me to speak about this in the video, but for those of you that haven't this was my strategy. So nfp Comes out by 130 pm gmt. I believe so Now 130 pm gmt the market 129 128 Most institutions stop trading So what tends to happen is the market now was very very thin you see the market, but if you go on you I know some of you who still go and try it after i'm going to tell you not to do it, but that's your business So the market was very thin So when the market gets that thing I now take a buy because when not when the results come out If the dollar gets positive news the dollar will strengthen if the dollar nfp is non-fampero Job reports number first friday of every month is one of the most important news news events in forex. Okay So if the usd has positive news The usd was strengthening and if the usd has negative news the usd are weakening So what I used to do was I will put My buy order 10 pips above the market was this was here. I put my order 10 pips above I put another one 10 pips below right about here Obviously was a no-brainer what my plan was If the usd is good if the news is good It will take my buy order and go and usually the nfp spike was about maybe 60 to 70 pips So what I did was all my money I put it I put it And I said the order buy buy stop and sell stop And then I was waiting for nfp to come on. I had really people had called me. Oh, that's what's happening Friday that day was friday now. It was friday, right? I'm 17 and I'm like guys. Don't worry You see this bed you tonight is on me You see this you see this outing today It's on me. Say no more brother Say no more my g I'll call you in the evening. Let me just take care of business, right? So the market was thin and put my orders at the top and at the bottom And then nfp came out and what happened was the market actually Triggered my back and during that period. What tends to happen is the spread becomes very high So if I put my order my buy order here The market Filled the market passed through my order, but it didn't trigger me for a buy The market came to trigger me for a buy somewhere around here. And when it triggered me for a buy it now drops Down here long story short my 800 dollars went from 800 dollars to maybe In in my very before maybe 160 dollars Guys, I'll never forget that day. I just went straight to sleep Straight to sleep my grandmother when came upstairs, maybe like three hours later That boy you okay I'm okay. I'm okay. Leave me I'm okay. So guys I've had my share, you know, so when I tell you guys don't do this. Don't do this Don't you think I'm telling you because I'm guys. I'm telling you because I did them before Where was the stop loss? I'm not telling you when the stop loss was Because I don't want it to go and try you're going to blow your account leave leave the strategy alone That's what I'm saying the strategy all these these are going to learn price action forex Margaret, could you kindly post the link to the telegram group? Some people are asking me about the forex mastery course, please For those of you guys who want the forex mastery program just simply join the telegram group Joseph is going to be on there to help you guys for those of you guys who want to get a road Forex mastery course teach you guys everything in pretty much how to trade in the most realistic way possible And I keep updating it as well. Although grace is not happy with me because there's no trading psychology model on there But it's going to be there soon So that's the telegram group link there for those of you guys who are not on the telegram group Click the link to join if you want the forex mastery course simply ask Joseph He's going to give it. He's going to give you the link and then obviously you saw it out. So guys everything My training methodology my training style. I speak about it on the program there as well. It will really really help you Um, I'm not saying it's going to make you rich overnight, but you point in the right direction. You see me. I'm not you know guys Anyways back to what I was saying. So I want to round this up I want to round this up. Okay two things during trades during your trades If you can lock in those profits have set guidelines Before you get to into a trade just four bullet points You must always have a contingency plan if this happens. What should I do? When I before I get into a trade, I have what they call my concerns. I write out my concerns. Yes I say because when I'm analyzing the market if you guys hear me very carefully, I always say stuff like I'm 90 percent bullish 10 percent 90 percent in my workout 10 percent manual work up What is the 10 percent the 10 percent it might be because there might be a trend line that I don't feel is significant But I'm concerned about I'll write it down When I write stuff like that down it helps me In the event the trade starts in his behaving once I visit Emmanuel Even if the trade goes for even if the trade goes to stop me out I usually feel a bit better This help this this helps me and this has helped me over the years I usually feel a lot better because it's kind of like I anticipated it like I kind of knew Yes, and You know, it kind of takes the emotion away when you plan Okay, planning planning for those of you guys who are emotional traders planning And risk management takes the emotions away Get into before getting to the trade these are my concerns This is my first level target Now I don't care What the distance is between your entry and your first level target even if it's just it peeps Between your first level target and your entry Take it and keep it Most people are like how much am I really going to make how much like At least you'll see money to make some people are not seeing money to make Take what you can take and bank it Move stop losses to break even and let the rest run Leave it alone. Okay some questions Okay, leave it alone Take control of your trading. So if I'm getting into a trade, whatever the case may be these are my concerns Okay, this is my first level target. If this market behaves this way. This is exactly how I want to be This is exactly how I want to react. I like to write everything not that much Fight when they say trading journal, you don't have to start taking notes like a no I just three because Naturally, human beings were lazy people. Nobody ain't nobody got any fucking time to start taking Whole last notes just because I want to get into one trade. No, no, no, I'm not saying that Three to four bullet points just asterisks it back up. I just to the right. Right. Right. Right. So this is exactly what done Okay, this is my contingency plan if this trade does go in my way I should close my laptop and go and do other things I will not embark on revenge trading I will give the market some time usually what I what I used to do back in day was Anytime I got into a losing trade. I will call my mentor at the times of hell. Maybe seven years ago Okay, I will call it man and I won't necessarily tell him I just got into a losing trade. We'll just over go We'll just go through some analysis Shaping off my skills for those of you guys who follow me I'm watching my own videos for every time you get into a losing trade Before you form a habit or for every time you get into a losing trade before you get into a new trade Look on to the forest mastery platform and we'll take the course again It will sharpen you out again And then you can go and you know, it's like it's like a warrior gets you ready to go and you know fight Warrior that way to go and find this fight and he lost the battle It's going to go back home and train and get ready for the next battle But you guys don't do any of that You just want to just jump from battle to battle and then your blood your your your stop your losses Are just lit up everywhere in the forex market Jagging forex blood everywhere go back Close the laptop Go on watch take the forex mastery program again. It will sharpen you out. You start to see things. Okay Okay, now when you see the next setup, you're like I can because winning trades cloud Winning trades will cloud your judgment losing trades will cloud your judgment as well. So after These trades always go back and try and learn again Because you become why do they cloud your job because you become complacent when you win After your winning trade you become complacent When you lose after you're losing trade you're most likely trading based on emotion In order to eliminate all these factors go back and do some learning you see Making money in life is difficult If you thought that forex was going to be the answer An easier answer to making money you thought wrong Just because you have access to it on your laptop does not mean that You know is it you just click no So you have to treat forex like every other thing you have to have a systematic approach Okay, strategic approach to the forest market. So guys, I'm going to take some questions. I thought I was going to Be able to do some analysis today But today is not possible So for those of you who want forex mastery program, like I said, Joseph is going to be here on the on the group Answering to you guys just as well. It's just if I want forex mastery course is going to be here. So guys, let me go ahead and Somebody's asking me. I've lost a lot. How can I gain all my losses? But your losses are gone You know, like I don't have I don't have a secret spice for you Your losses are gone That's just the truth And we keep trying to get those losses back. You're going to make more losses. Okay, so you need to forget about it start afresh It's tough, but this is what it is Okay, so let's see Is it good to analyze on four hour daily and trigger and Analyze on the daily execute four hour one hour. That's better The reason why I don't like you guys analyzing on well, you can do four hour But four hour is too too zoomed in when it comes to now The reason why I preach top-down analysis on the forex mastery program is a lot of you guys are like Those time frames are a bit too big what he helps what what he helps us do is he helps us see the major turning points in the market So that when we eventually scale to lower time frames, you know, we know What the boundaries are where the barriers are where the major institutional levels are The most important thing the overall direction of the market. Actually this Tuesday. I'm going to be releasing trader talk Trader talk Friday Trader talk Tuesday somebody say can we please analyze gold? I'm going to be analyzing gold on Tuesday Gold at the moment. So I was in a short gold trade I was able to take out 50% of my position and the rest of the trade stopped me out for break even Gold is not ready to drop just yet You may say let me Gold is not ready to drop just yet. So this is why I had to come up with this You know strategy to protect myself and protect my capital. I must take is I I hit I hit for the market to give me profit and take it back actually gold The reason why gold is refusing to come down is because gold is actually testing a trend line as we speak I'll just quickly flash my charts and then You guys can see So at the moment the reason why gold is unable to drop is because We're currently testing this level at the moment. So this was my sell trade on gold A few Days back, maybe I think about a week ago their week plus So I shot it all the way from here first level target was here second level target was all the way down here First level target was here. I took out 50% of my position Between my entry and my take profit between my entry and my take profit the pip count Is is something what is not a lot compared to between here and here, but I didn't I don't care If this is my first level target, I must I must close a percentage of my capital And my stop losses were here once I closed the portion of my trade I moved my stop loss from here all the way back to break even slightly below break even I might not have walked away from this trade with as much money that I would have loved to walk away From this trade with But I was able to walk away with something As opposed to look what has happened the market has bounced off of my first level target and is actually If I didn't take my if I didn't like do what I had to do This market would have been threatening my stop loss Gold is telling me that it is not 100% ready to drop This one is telling me it doesn't mean that it's not going to drop eventually Sometimes the market might want to go in a setting direction But it's not ready to give up just yet Okay, the market is not just ready. It just doesn't want to give it up. So it will go So all that time when it's going back and forth. I'm just taking a little It's running now eventually Opens up and then we can take the big gun. Okay. So for now, what do I think about gold? I'm gonna have to give gold a couple of days Monday Tuesday Let's see what happens to go. Do we sustain below here? Do we fire up? Do we come down? I'm gonna have to watch gold to see what exactly happens as you can see never in a hurry Not in a rush come Tuesday This guy needs to give me a clear direction If he doesn't give me a clear direction, then I'm not interested But by Tuesday, I will do a full ass episode on trader top and then I'm going to be updating you guys I'm going to be updating you guys on Things yeah, so let me see. Do we have any more questions? So I want to talk I want I'm talking about breakeven when I trade and if the traders is $100 if it doesn't make up to Turn I will not break even is it good to go? I don't really understand the question Does infinux have a mobile app? Infinux doesn't have a mobile they use meta trader for All right, so I hope I've been able to kind of like shed some light on this trader psychology topic I hope I've been able to give you guys some let me see some let me see But gold found a double bottom that doesn't indicate a trend reversal Um, so the double bottom that gold see Gold has formed a double top on a monthly perspective Okay, monthly timeframe is double top at the top If you if you compare a four hour double bottom To a monthly double top, which one would you listen to? I would always take the monthly over the four hour. Okay. Um You know, so that's just it So the double bottom doesn't necessarily mean that you know, gold is going to reverse overall It might just mean that gold is just not ready to want head lower so And this is a very good question if I see for instance gold is giving me a conflict On a higher timeframe is telling me that monthly And It is so straightforward and easy But the monthly timeframe gold is telling me double top On a lower timeframe gold is telling me double bottom You want so highest timeframe is telling me it wants to calm down lower time frame telling me it wants to go up In situations like this, what do I do? I close my computer and go and do other things I don't have time For indecision this during indecisive periods that what money is lost I hope man you won this game Oh, man you won this game Thank you. I'm always afraid of taking a trade when it's going I don't I'm always afraid of taking a trade even when It's going my way. I don't know why you should be afraid. You shouldn't be afraid if you are afraid The if you are afraid it's possible that you're risking too much or you lack Adequate education is one of the two Okay, you're not sure of your analysis or you know that that money you're going to put in It's a lot and I'm afraid to lose it If you're risking what you should be risking which is 3% of your account and you've done proper due diligence for your analysis You shouldn't be afraid somebody says thank you for all the knowledge you're impacting on us sir, but you were Um four points to put into consideration before placing a trade. I think that's going to be a topic on his own I've already spent an hour 30 minutes here. That's usually how long I like to spend here for I was Margaret could you kindly make this a topic? um four points to put in Four things to consider before placing a forex trade on four things. This should be a whole webinar topic because there's a whole You know, I need to then this one. I have to show my charts So that's the whole last one. So stick around. There will be a webinar for this. So Margaret There should be a webinar that, you know, with the title four things To know or four things to put into consideration before placing the forex trade. So where is grace grace? Have I been even to answer your question today? um Mr. Ola Lake or Ola Wale if you and there's a module on the forex mastery course that talks about Fibonacci um Most of the stuff that you're asking me is actually on the forex mastery course. So I suggest you get that There's a course called Fibonacci even on the Fibonacci video I recommend another video on the video as to where you can get that. Okay Please, how long does it take for infidels to verify an account if you have all this required documentation doesn't take more than 48 hours What they want to see is a form of id. You have to understand that trading accounts are like bank accounts Your bank would need to see a form of id KYC basic KYC documentation id which can be from of your international passport And bank statement that shows your address. They need to know who the fuck you are and where exactly do you live? Okay, so mr. Chris If they still haven't responded to you send me a message on telegram. You have my direct telegram I would ensure that your verification process gets expedited. Okay When can we expect a fiscal meeting or some sort together? Actually, maybe I should do like a trader meetup in Lagos I'm probably I don't know when next time we're going to be in Lagos But I think my great. I think you should put this you should put this in Somewhere along the line in the year. So just Check my calendar and find out when I'll be in Lagos. We should do like a trader meetup in Lagos Yeah, whereby, you know, you guys can all fly in from wherever it's just like a little trader retreat Let's all come sit down and rub minds and you know, just have a conversation and stuff like that And in London, of course, I'm going to be in London. Don't worry Fembe, what's your name? Fembe Moyal? I'm off to London in June, right? I'm going to be London in June, July, August, September because it gets so hot It gets so hot in Dubai. Trust me. I need to be in London, man I'm definitely going to be in London. London is my home So my plan is to spend the summer in the UK and spend the winter in Dubai So he starts getting really hot here in May so by June I'm in London. So I'll see you in London not to worry. How can one reach you that police more traders? You want to meet me my content is everywhere on the internet Okay, my content is everywhere on the internet youtube follow willis university Willis university is amazing. I'm trying to put you know, willis university follow us on facebook and instagram Willis university is amazing Daily content Margaret is ensuring that everything is fine Daily videos from me daily daily my youtube channel. I have at least two videos every single week So, you know, I'm turning on as much content as I can and this week. I'm actually focusing on content creation and stuff like that. So yes Yes, you might not be able to beat me one-to-one though because you know, I'm a bit Busy All right guys. So any more questions before I have to go Let me quickly say bye to everybody that was in the room today. Mr. Lion or Corrie shout out to you Thank you for being here. I mean Abu Aqaa shout out to you Bumi Caleb, Chidema, Chris Atom, Chris Chooks Daisy, Toro, Daniel or Basi Shout out to you guys Emmanuel, Yaya Rufus. I think Yaya Rufus is Isn't this Kim? Should be Kim, I think so Francis Oko Francisca, Will Luxor, Franklin Uma, Gabriel, I did that for that. That's my name shout out to you In Irene, Gary, Wankuna, shout out to you. That sounds very East African Udochi, Israel, James, Mensa, Joshua, Margaret, shout out to Margaret for always putting the events together Ofuree That name sounds familiar. Hi, how are you madam? I know you Offer. I know the phone name very well. Hope you're doing good Hope you're doing great. Everybody's fine. Oko Corrie, Okote, Destiny, Ola Leko, Ola Wale, Ola Sugos, Mark Mr. Tywo, my bro, shout out to you guys. Shout out to every single one of you that came out today Yes, I'm going to have to catch you guys later. I'll probably try to talk on Tuesday Yeah, I'll catch you guys later. So once again, thank you guys for staying till the very end of this Webinar is always amazing to sit down and catch up with you guys. Today isn't exactly my best day because I'm not feeling too well But I'll catch you guys on Tuesday Take it easy and actually Margaret post the link to the telegram group one more time So that people can join before I have to go Take care. You're welcome. That's the link to the telegram group. I'm going to close the meeting in three three