This might be the only Double Lesson that you will thoroughly enjoy and immensely profit from with enough savings to buy yourself a nice coat or expensive pair of shoes at the end of it all!
Many of my Forex Students have been coming back for Binary Option Classes and based on the advice of some of them, I am now offering a Full Forex PLUS Binary class to run for 5 Days instead of the 3 for forex and 3 for Binary. Full Forex classes are Kshs35,000/= (HERE) and Full Binary classes are Kshs25,000/= (HERE) so this combined package of Kshs50,000/= will save you a massive Kshs10,000/= New shoes anyone?
In just 2 years (614 days) with only 10 pips a day!
I recently wrote an article titled, “How to grow your 100USD Forex Account to 1000USD in a Year”. You can read that article HERE. Immediately after that, one of my readers contacted me and told me that, in actual sense, it is very easy to grow a 100USD account to 1,000,000USD with as little as 10pips a day. As you can imagine, I immediately wrote back to him and told him that it is both a mathematical and logical impossibility.
WARNING: This is a relatively lengthy article. But if it is an article aimed at helping you save your hard earned money, then it is definitely worth the read.
On an average month, I interact with hundreds, if not thousands, of Kenyan Forex Traders both physically and through my numerous social channels and most will complain of having lost money at one point or another while trading forex. I have discussed this extensively with my students and the following are the Top 9 reasons why Million shilling forex accounts go bust in the blink of an eye.
Please read this article all the way to the end. You risk losing a lot of money if you don’t!
The article is divided into 5 parts for easier reading. Terms have been linked to their respective definitions to aid comprehension. Without further ado, let’s jump straight into the meat of the article.
Forex traders spend a lot of time waiting. We are waiting for setups, we are waiting for breakouts, we are waiting for formations, we are a waiting for price to endlessly bounce off a support region and, if you are like me, we are waiting for an MT4 alarm to go off signaling that the price has touched a particular trendline that we were monitoring.
So, is there a (money making) pastime that a forex trader can engage in to kill time as he waits for the breakout/trend/news? Yep, Trading Binary Options!