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Who am I?
Hi everyone,
First of all: I'm happy you've subscribed this Newsletter to learn how to make money in trading.
Just so you know, I'm a 20-year-old guy who's tried many things to find success.
For me, success means making a fair amount of money.
I started trading with real money when I turned 18, but I'd been trading stocks
since I was 17.
After trying many different things, including things outside of trading, I found cryptocurrency. The quick pump and dump projects were big back then.
I turned $500 into $25,000 trading less popular coins.
I thought, if I could multiply my money by 50, why not try again to get to $100,000? So, I started trading Crypto Certificates with leverage and had some good weeks.
There was a week when I made $2,000 to $3,000 every day.
Long story short, I lost all that money after a few months.
But that's when I decided I wanted to keep trading until I became wealthy...
Now you might be wondering how I ended up in forex trading.
During my time trading crypto, I talked to a guy at my prom who was into forex.
We chatted, and I learned about prop firms.
Basically, if you can trade well, these firms will trust you with a lot of money.
My plan then, and still now, is to make big money through prop firms.
At first, that's all I knew about it.
Later, I learned that the forex market is the largest money-moving market, with over $5 trillion moving around daily.
So, the risk of market manipulation is not as high as it was in crypto.
Plus, thanks to exchanges that open at specific times, there are predictable times of day when a lot of trading happens.
What should you anticipate from trading?
Firstly, it's important to note that trading is not a quick route to wealth.
It requires months, perhaps years, of hard work to gain the confidence and knowledge necessary to trade effectively and handle various situations.
You may even need to completely transform your mindset to succeed in this field.
If you're quick to learn, you could potentially start making profits within six months.
But will you be highly skilled at this point?
In short, no. It's likely that you'll need at least a year of daily trading of specific pairs to reach a successful level.
So, think about investing four to five hours every day for six months to achieve profitability. Does that sound appealing?
To put it into perspective, earning an average wage typically requires three to six years of university education. So why not dedicate one to two years to trading and potentially earn the kind of money you've always dreamed of?
Let's start.