 How's it going forex traders now guys? Today, I want to share a very personal story with you guys, yes. I want to share a story because as you know, there's a whole lot of forex traders out there who are currently struggling and just going through one thing or the other, right? This story is quite personal to me because it was a point in my life and my trading journey many years ago where I almost lost the plot. A lot of money was involved and I know a lot of you guys are either trading for yourselves, trading for prop firms or trading for investors and things are just not going according to plan. I want to share this story so that you can understand that it is part of the journey and hopefully the details of what I share in this story will help you understand that there's light at the end of the tunnel, right? If you're in a hole right now due to trading forex or you're just simply a bit confused as to what the next step is with forex. I suggest you sit back and listen to everything I have to share with you guys in this story today because trust me, it was a very crazy experience for me and once again, forex saved my life. The charts saved my, it came through for me. So guys, do yourself a favor, sit back there and listen to everything I have to share with you guys in this video. You might want to get yourself some water or some Coke and popcorn because I'm about to give you some of my personal life story. How's it going forex traders? If you're just joining me for the first time my name is Dapo Willis. As you guys know, I'm one of the most transparent traders here on YouTube. I like to come and share my charts. I like to share everything that I know about forex. I like to tell you guys the truth, stuff like indicators don't work, signals don't work and stuff like that. Now guys, like I was saying at the beginning of the video, something happened as far back as 2013, 2014. It was a situation whereby my friend had gone to go and seek for capital from investors. Yes, he went to take money from investors but what he told them was I was aware. Now at the time I was probably about maybe three years into the industry so they kind of heard about me, they knew about me a bit. So they based on the fact that he had told them that I had consented and you know the funny thing is he had actually sent me the contract letter for me to sign. So my name was on it but I just didn't have the time to actually sign it. So I just didn't really think much about it. Sorry guys. I just didn't really think much about it. So I was just, I didn't sign it. So he sent it off and I don't know if he actually put my signature on it but I don't want to get into that because obviously he was my friend. Still is my friend till today but yeah, he sent them the contract and they eventually gave him about 100,000 US dollars. Now this is where the story gets interesting but before I get into the interesting part of the story I want you guys to do me a little favor right there. We're currently pushing 140,000 subscribers just under 140,000 subscribers. I want you guys to do me and do yourself a favor by smashing the subscribe button right there so that you get to hear stuff like this more often realistic truths about forex. It's not everyday Lamborghini, blah, blah, blah. People are actually going through a lot of hard times when it comes to forex, right? And I like to come on here and actually show you guys first of all the truth and how to trade in the most realistic way possible. So all you need to do is smash the subscribe button right there. Smash five, smash it, four, three, two, one. All right, thank you for subscribing. Now back to what I was saying. So me, I was just basically, so how everything started was this. My friend had been seeing me, I was trading forex, things were looking up pretty nicely. At the time I had just discovered what they called the top-down analysis. Now if you're just joining me for the first time, the top-down analysis is basically the best approach to forex trading. I'll explain it later. So I basically just found a very, very consistently profitable trading strategy. And I was, things were picking up from me slowly here and there I was making about two, three, 4,000 pounds from my trading, nothing too tough. I was still in university at the time. And my friend was quite excited how I was just in my room and I was able to make all this money. So he had reached out to me, he was like, yo, that's, why don't we scale this? Let's make it bigger. You know, the problem with forex trading, especially people who don't trade forex, they just think that once you're making money everything just is so rosy. So like, let's make this thing bigger. I said, hmm, at the time I wasn't exactly ready to take on any investor. So I just kept on stalling and stalling and I just wanted to focus on what I was trading at the moment which was my own personal capital. I wanted to keep it that way until I gained some more confidence in the market. So yeah, and at the time, to take my government, I think I'm making three, four, five thousand pounds with the top down analysis. Everything was looking pretty nice. Everything wasn't looking pretty smoothly as well. So yeah, I was just doing my thing and the guy kept on disturbing me. You know, he'll wake me up from sleep, he'll adapt, you haven't signed the contract. This guy wants to give us money, wants to give us money, wants to give us. I said, I'm not taking the money. I don't want to take this money, leave me alone. You know, and before anything was happening my guy went, you know, and he took the money. He didn't tell me he had taken the money. He went and deposited into his trading account. And as you guys know, you know, how this story typically plays out. This is somebody who literally has little or no knowledge about forex. He was just, I don't know exactly what he was thinking and he couldn't tell me at the time he had taken the money. So I remember him telling me, oh, I have 40K of my own personal money. You know, 40K of my own personal money to trade. So, you know, can you trade it for me, blah, blah, blah. Something was fishy. I didn't really think much about it. I was like, okay, put 40K in an account. I will definitely help you trade and see what happens. Now, I had obviously, like I said, just discovered the top-down analysis which is a very hyper profitable trading strategy. It's basically when I go from higher time frames, I look at the overall trend on the higher time frame and then I scale down to lower time frames to look at what is happening and then I place my trades in the direction of the overall trend. Now, when you use that kind of strategy in any market, be it ranging, trending, it works very well. But at the time, the market was trending so everything I touched was turning to gold. So yeah, and for those of you guys who don't know, I teach about the top-down analysis in the Forex Mastery program. If you wanna get the course, the link is around here somewhere, it's 99 bucks. I encourage you to go ahead and get to you. It will save your life. But back to what I was saying. So he sent the 40K over obviously and at the time I had what they call a palm account. So I had my account and his account there. So I was just trading and I think I was able to make about 30% return on investment on his 40K and obviously my own capital as well, blah, blah, blah. And then one day he just comes up to me and he's saying, oh Daps, there's something I need to tell you. So I think at the time, it's funny guys because at the time the market had gone from a trending market into a range. So what had happened was he was demo trading at the time and then what demo trading does for you is it gives you confidence. So it was the confidence he had gotten from demo trading that had pushed him. Like, yo, this thing that Daps introduced me to or rather this thing, I didn't introduce him. This thing that I see Daps doing all the time, chilling, living his soft life. Let me try that. So he started demo trading and you know what happens to beginners in demo trading, demo look and stuff like that. My guy just thought he could do whatever I think he could do and then obviously he got the money and then he gave me 40K and then he kept 60K. He was trading. So back to what I was saying. Now the problem is most traders tend to demo trade when the market is trending and in his case, the market was trending when he was demo trading. One thing a lot of traders don't know about the markets is and demo trading is, it's a lot easier to trade a trend in markets. It's simple. All you need to do is watch out for pullbacks. Like I obviously on top-down analysis is simple. You guys know the Forex Mastery students, you know, all you need to do is just look out for the pullbacks. The market drops once a pullback sell. So he was making money on the demo account but unfortunately for him and on knowing to him, the market was about to go into a range. Now for every trending market, there is a period of consolidation. What did I say guys? For every trending market, there is what a period of consolidation. Now my guy didn't anticipate this. Now I have backed out from trading at the time because I could tell from my top-down analysis. So one thing about the Forex Mastery program and the top-down analysis is and Forex Mastery students, you know this, we're always able to anticipate when the market is about to have a change in trend. How do we know this? We simply look at chart patterns. You guys, you know, if you look at module six, once you start to see things like an inverse head and shoulder on a higher timeframe, you know, sorry, I let that secret out but you guys know when it's time for the trend to change or rather you know when the market is coming to a point of exhaustion whereby that trend is no longer, is no longer a dream like this. So obviously with my top-down analysis and my knowledge from the Forex Mastery program I've done my analysis and I knew it was time to chill. So a lot of traders don't realize they don't know the difference between when it's time to trade and when it's time to chill. Now I said, okay, no problem. So he heats me up. I think the market had gone into a range. I had stopped calm down on trading for a bit but he was still trading thinking that the strategy he was using on a demo account which was a trend-based strategy. He didn't even come to meet me for me to teach him the top-down analysis. I even offered him, I said, here are videos that I'm putting together for training purposes. These are all, this is all my life's work of trading and stuff like that. This is what I've learned from the market top-down and go and watch it and understand it. He refused. That's why when I tell people here get the Forex Mastery program and they are being lazy. I'm just looking at and just laughing. Get it because I'm about to tell you what almost happened to this guy. He almost went to prison. So my guy goes on his trading and the next thing, he just rings me up and like, yo, that's I need to speak to you. Long story short, Baba had literally blown the remaining 60,000 pounds. And these guys, this is pounds. Don't forget, I used to live in the UK. Baba had blown the 60,000, he had taken 60,000 pounds from 60,000 pounds to like 800 pounds. You know, those accounts are where you fry it. Baba used the, he used, he put the stove on and fried the account, blew the account. 800 pounds left, he came to meet me, he said, dabs, please, out of that 40,000 pounds that I give to you, I need 20K back. I said, this was not the agreement, but no problem, I'd already made a thing about 28% or 30% return on investment. The short period of time on the account because I was trading a bit conservatively. So I said, yeah, sure. So I re-drilled the 20K and I gave it to him. Two weeks later, Baba came back. So it was when the account was obviously with the remaining 20, something K that I had that was when he now came and obviously explained everything to me, what was happening and dabs. You know, guys, Forex is a very, very, you need to be very careful about this industry. I keep telling people, I don't want to scare you but you need to be, you need to apply caution, okay? Whatever thing it is you're doing ensure to get your education right. Ensure to make sure that you're learning from the right source. When people ask me, why do I always talk about the Forex Mastery program, I just laugh. And right now I think Forex Mastery program is the number one trading course out there. But I always laugh because I know what exactly I put into it. This is years of many, many experiences and I could see what was happening to the industry. I was like, a lot of people are not just losing their money, but they're losing investors' money. You know? And something needs to be done about this. Hence why I put together the Forex Mastery program. So, I mean, the guy was, he had blown the money. So I think at the time, he approached me and he said, your daps, please. So I asked him, I said, guy, what's going on? Like, what exactly is happening? And he goes, bro, let me know, light to you. This exactly was. So I think at the time he was now able to finally open up to me and tell me that, bro, this is what's happening and this and that, you know? And long story short, I realized that this guy had, and so he now brought the contract to me to say this is what I've done and I saw my name there. I'm like, guys, I said, how could you do this? Like, are you joking? You know? So to be honest, I wanted to just let him go. Like, go and do whatever thing it is you want to do. I'm not interested. But when your name is somewhere, and this is my guy, before you start looking for lawyer, looking for this, you're in a different country. I didn't have a British passport because I was relatively a new student in the country. Where do I have to start from? So now this guy had given me an almost 80,000 pound problem. I looked at myself, I looked at this guy, I said, so what exactly do you want me to do? And now, guys, you have to understand, I'm not a fan of flipping accounts. I said, how am I going to, what is the quickest way to take 20K now to 100,000 pounds? The guy was begging me and all that. Now, luckily for me, I had obviously discovered the top-down analysis. I had documented most of my trades during the trending market. I had also discovered a way to determine how to also train in ranging markets and stuff like that. So, and this is why I tell a lot of traders, make sure you journal your trading. So what I did was I like, okay, you know what's going to happen? You need to leave me alone. Try and store the investors for another eight weeks. I need at least eight weeks to revive this account. I opened my journal, opened everything, opened my top-down analysis, everything. I started to study my own trading methodology over again. Ladies and gentlemen, that was exactly how I was able to take that 20K all the way back up to 80,000 pounds first. We got there. I told him, I withdrew 40K. I said, go and pay these guys. Go and pay these guys. So now, if you're in a position whereby you have taken money from investors, and so once again, guys, I encourage you to get the top-down analysis and get the Forex Mastery Program. The top-down analysis and Forex Mastery Program, the link is gonna be in the description as always around here. If you're in a position whereby you are, you have taken money from somebody and you are stuck. Only the Forex Mastery course can save you. Only the top-down analysis can save you. Why? So what I did was this. So the way the top-down analysis is built is it works this way. By the time I do my analysis on a higher timeframe and then I'm able to project about 1,500 pips into the future, I just take a portion of my account and I place the trades and I allow the market to make all these thousands of pips for me. What I also do is I take a small percentage of my card and I never risk more than 3%. But because of the situation at the time, I was risking about 10% of the capital because at the time, that was the only way, sorry guys, my computer just bugged off a bit. At the time, that was the only, like I had to increase the risk. Some trigger was banging 15%. Obviously this is a die-minute situation. But the only reason why I could, I was confident enough to use high-lock sizes or throw risk management out of the window was because I trusted my trading strategy. Guys, the top-down analysis saved me and my friend from being locked up in a British prison. Do you have a say? So if you find yourself in this position, whereby even for your proper account, whereby you are down, mad draw down, oh my guys, top-down analysis, because what you will do for you is first of all, once you open your charts on a monthly timeframe, for example, we take Euro-USD, for example, you can see the overall flow of the market. You can see where the market is heading. All you need to do is wait for the market to officially want to start heading back that back in that direction. For example, it's bearish. Sometimes we can have a bearish market overall, but the market is looking bullish. Don't trade that pullback of a bullish market. No, wait until the market is about to start flowing in the overall direction of the trend on the higher timeframe. Then that is when you want to jump in. Luckily for me, the Euro-USD was about to start flowing south again. Oh, guys, I did my top-down analysis. I jumped onto those streets and that's exactly how we were able to recover that guy's entire 100K back home. Guys, I'm telling you, the day that I recovered that money back and we re-draw it, and I gave it to that. I told him, go and pay. I slept for like two weeks straight. Two, and that was a period where I literally confirmed to myself, I said, you know what? This top-down analysis actually works. For the last time, before I end this video, I'm going to explain to you how it works so that you can use it to save yourself from whatever situation you find yourself in. Simple, you go on a higher timeframe, which is a monthly timeframe. You want to look, what exactly is this market doing? What is the overall direction of this market, right? You want to say, okay, this market is flowing south. It's heading downwards. Okay, this market is heading south. Monthly timeframe, we want to identify the overall flow. Weekly timeframe is where you want to come and identify what are the, are there any chat patterns forming here? No. The next thing you want to do is you want to plot your key levels. Now, those key levels will guide you throughout your, so it's like the market wants to go from here to here. The market doesn't just fall. It goes like this, bam, bam. So your key levels are basically areas of major supply and demand. Only the weekly timeframe can help you do that. And then on the daily timeframe is where you come and look for the most immediate trend within the overall trend. And then you scale down to a four-hour timeframe and that should be your area of execution between the four-hour timeframe and the one-hour timeframe. Ladies and gentlemen, that was the very simple but effective strategy that I used to save me and my friend from going to prison. Okay, guys. So once again, if you are interested in getting our understanding of the top-down analysis, the Forex Mushroom Program is going to be in the description as always or around here. Ensure to grab it. Now, I know you guys are like talking about top-down and Forex Mushroom Program, blah, blah, blah. Guys, I know you guys are suffering. You bought proper counts, you're blowing it. You have investors' money, you're about to go to prison. Take it, or you want to leave that job or you want to take your life to the next level or you're about to buy a proper count or you're about to take that investors' money. You have nothing to lose. The cost is just $99, get it. And another thing I have to tell you because of the fact that we've launched a prop firm, they are now telling, my team is telling me we want to put this thing on a subscription basis whereby if you don't buy it for $99 between now and the end of the month, it's going to obviously become a monthly reoccurring $99. So get it now between now and the end of March so that you can get it for a lifetime fee and you don't have to keep paying a subscription fee for it. So once again, guys, my name is Dapo Willis. I hope you found some value in this. I know I spoke a lot about the top-down analysis but I was just sleeping today and I just woke up and I just remember that. Guys, blood rushed to my brain. I wasn't sleeping, I wasn't eating. But the only thing I was helping me get like two, three hours of sleep was the fact that I had confidence in my strategy. So I want to say a quick shout out to the strategy. For those of you guys who have a strategy that's working for you, feel free, carry on with it. But I want to say a quick shout out obviously to the Forex Mastery Program and to all the profitable traders on the Willis Capital Prop Trading firm, right? Obviously, you guys know we've launched a prop account, prop firm, people have started to pass their challenges and they're obviously making some good profit on their live account. So once again, guys, I want to say a shout out to every single one of you. I love you guys very much. And yeah, that's my little story for today. How the top-down analysis saved us from going to prison. Once again, guys, thank you very much and take it easy, take it easy and peace out.