Struggle and Success of a middle class Aspiring Trader 📈📉

TL;DR

Follow the extraordinary journey of an ordinary boy who became a successful Forex trader, hotel owner, and mentor.

Transcript

thank you my destination for now has arrived but when we are in a journey we often don't realize how far we have come from the starting point it all started back in 2007 I can still remember me begging to my father for money as sensex which was 21 000 was about to reach 25 and we all remember what happened It's all where it's done actually it start... Read More

Key Insights

• 💱 The journey from an interest in foreign exchange to becoming a successful trader required dedication and guidance from mentors.
• 👻 Crisis investing became the author's initial edge, allowing them to predict and profit from market crises.
• 👹 Exploring beyond traditional technical analysis and incorporating Japanese methods enhanced the author's trading strategies.
• 🛟 The author's trading income served as a lifeline during the challenging times of the COVID-19 pandemic.
• 🤩 Perseverance and determination were key factors in the author's success as a trader and hotel owner.
• 🆘 Sharing knowledge and mentorship became the author's third dream, emphasizing the importance of continuous learning and helping others achieve success.
• ❓ Success in trading and other endeavors is possible for anyone with determination and a never-give-up attitude.

Questions & Answers

Q: How did the author's interest in foreign exchange start?

The author's interest began in 2010 during their MBA program, and they met a mentor who inspired them to dive deeper into the world of foreign exchange.

Q: What breakthrough did the author have in their trading journey?

In 2014, the author discovered their edge in crisis investing and developed the ability to determine crises in advance, leading to initial success.

Q: What challenges did the author face in their trading career?

In 2014, the author experienced failure in trading U.S equities due to a lack of technical setup matching their crisis investing strategy.

Q: How did the author's trading income save them during the COVID-19 pandemic?

In 2019, the author opened a hotel but faced difficulties due to the pandemic. Their trading income became their sole source of income during that period, saving them financially.

Summary & Key Takeaways

• The content highlights the journey of the author, starting in 2007 with an interest in foreign exchange and finding inspiration from a mentor.

• The author's dedication and research into crisis investing paid off in 2014, leading to initial success.

• In 2018, the author explored Japanese methods to further enhance their trading strategies and achieved success, allowing them to pursue their dream of opening a hotel.