Effect of making 200k per minute in Forex || Dr. David Wachira
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- Опубликовано: 22 май 2024
- Former World bank employee now Bank owner, Dr. David Wachira leaves no stone unturned on his take on forex and stock trading with Dr. King'ori.
Here's a link to the 1st conversation with Dr. David Wachira - • Bank Owner on Bad idea...
/ dr_kingori
/ kingoridr 
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I have been making huge loss on my trading account. How can I change this situation
You really need to master your strategy with proper risk management and discipline. But you can as well allow an expert trader to manage your portfolio.
I have been in that situation of consistent loses until I met with Maren heule howard. A professional portfolio manager whom I met at a conference in London. She's my saviour and I will continue to be indebted to her
Maren is awesome at what she does. I just withdrew my 10th profit last week Saturday
I was recommended to her by people's testimonies and writing her has been the best decision I have ever made
Thanks for the info. I really need this to rescue my family from poverty. How to reach her😪@@CarlieFFreddie
These people don't understand that forex is not an investment scheme.Its a skill that takes time to learn and very few actually get to the finish line
Not a skill, its gambling
@@Steve-Karanja He just said Warren Buffet traded forex, come on man ya'll know Warren isn't a trader and forex trading is not stocks trading it's a whole different understanding.
Trying to explain how something works without experience of how it actually works is ludicrous and bizarre, this guy by the fact of how fluent he is does not guarantee that he is correct,, sometimes just filter some advises.
Forex is more about mastering a skill set than just a straight-up investment strategy. You really have to know what you're doing, like reading the markets and making smart moves. But if you get good at it, it's a solid way to rake in massive income over the next few years. It's not just luck; it's about having the right knowledge and instincts to navigate the ups and downs. So, if you're up for putting in the work to learn, forex could definitely pay off big time.
Totally agree! Forex is definitely about building a skill set. It's like self-investing because you're developing your own trading abilities. Just make sure to take the time to learn and stay updated, so you can trade smart and really make it work for you.
You know forex trading isn’t for everyone though🤷 even if a novice was to indulge in it, financial advice would be necessary.
Engaging in forex trading versus long-term investing requires unique strategies for maximizing returns.
Most times it all comes down to proper financial planning cause a lot of people downplay the roles of financial planners until burnt by their mistakes.
Productivity is optimized and keeping up to date strategies and analysis makes it more lucrative.
I've been able to navigate the volatilities and scaled up 880k from 220k with professional guidance.
Who is your advisor please, if you dont mind me asking?
another day to say forex is not for everyone.
EXACTLY!!!
hajui kitu anasema. huyu.
Kabisaaa
Fuc dat
10k is more than enough.. it ain't for everyone for real, hawa wawili ni mafailure in forex
forex is just probabilities. have an edge and just know what you're doing. Risk management is key.
Huyo mukurino ata hakai kujua risk management ni nini
@@Forexmotivationss 😅😅msee amefanya worldbank tuliza upuuzi
They forget to mention risk management and that is why they think its gambling which is good this way KRA wont be disturbing us, you saw now they are asking RUclipsrs to have a license, this country is a joke.
@@pete7289 so because kra thinks its gambling thats why you not taxed? how? last time i checked gambling was highly taxed, the fact that kra doesnt tax is because it questions legitimacy of some pple claiming to do forex yet they are scammers, again trading is attempting to predict moves to get profit only diff is that you got skills to do that its not that diff from gambling
Saying forex is all luck based is just ignorance
The guest said nothing wrong. The 100k he invested is actually called 1 lot in forex and commodity trading.
The type of investing he and his friends did is called scalping or daytrading in forex.
We also take advantage of the same 3 - 4 cents price change but rely on large lots to profit.
He probably trades directly in the markets using proprietary software unlike us who depend on a broker. Our advantage is we are given leverage; which is actually a double edged sword but great if you have small capital. And we can trade smaller contracts I.e lots of even 0.01
Lets he forgets , we dont need much to make a living in kenya. One can be happy with making a hundredth of what he makes consistently as they build up their capital. Plus there are prop firms to boost you up if you have master your skills.
Facts
am good at volatility indices, boom/crash/jump... 0lease recommended a prop firm
I respect this dude but hapa ameuma inje he doesn't know what he is saying ati is luck😂😂😂 wacha nicheke kwanza just say you don't know
Forex is a journey not a destination
huyu kilimramba ,lakini hajui vile kuna pesa huko ..risk management my friend is the key
People are killing it in Forex
Retails traders only eat the leftovers. The real money is in hedge funds and big institutions that buy and sell actual contracts rather than predict their prices
watu wanakula huku nje na forex
It's all negative talk but at the end of the day, the market still remains active. If it dint make sense, it probably wouldn't exist, but the Forex market is still alive and kicking.
The only comment that needs to be pinned can't even continue watching this video its just discouraging
Go make money,,don't listen to anyone,,,you have the skill,,,go milk those markets....anything else don't listen.
Everyone is getting this guy wrong. What everyone here is doing is called retail trading through brokers. On the other hand, the guy here is talking about wall street type of trading where he bought actual contracts on the stocks and then sold them. When he mentions he put in 100k, he means $100k which as at now is around 14million kes not 100,000kes. Thats why he says you cant trade forex with 10,000kes because you cannot buy any real contracts with that amount. Retail traders only predict the direction of the market whereas institutional traders buy and sell contracts and securities. He is talking about an entirely different ballgame
Risking $100k to gain 500usd... doesn't add up
You're not necessarily risking $100k. If an apple stock opens the day at $100 and closes at $101 and you bought apple stocks worth $100k, you would close the day with $1000 profit. However at no point would you loose your entire $100k because the apple stock would never plummet to $0. That type of trading is not leveraged and hence require a substantial amount of capital
You seem to have enough knowledge on this topic. I guess you are a trader. Perfect!
@@usermialex You seem to have a more profound knowledge of this forex. Why don't we link up so you can enlighten me further?
It doesn't make sense because you're retail..huko institutions don't play the shenanigans we retailers play@AiconNa
Forex is an investment vehicle meant to grow your capital, purely based on fundamentals and technical analysis. Huyu mzee aache jaba mingi
clearly this guy lacks knowledge on how the financial market operates, i havent heard him talk about risk management, his cap looks like a dice and he's clearly a gambler who just got lucky and seems to have lost it all, forex and the financial markets aint for everybody, with a good strategy and proper risk management its possible to turn even 10$ to over 2000$ in a week , this guy needs to be educated on the financial markets
lemme just keep passing @owenrashid u have already said everything my dear
🤣🤣🤣😂😂😂
This korino know very little about this.
Bro that's a lie..if that's your mentality in forex you gonna fail.. you can't make such a return consistently..if you would then very big banks and rich people would hire you to just multiply their money...this is like a money printing machine...remove that mentality from fx...$10-$2000 in week itabaki kuwa ndoto ya mchana...ask yourself why fx books recommendeds at least $1000 for starting traders...$10 unafaa ukule mandazi ikupee nguvu ya kutafuta pesa za kuingia markets...also ask yourself why props asks you for just 8% return of the capital given for you to pass the challenge,they don't go for flipping accounts coz that in itself is gambling!!
but why do banks employ forex traders if it is a scam
That Iz true?
Good thing the markets humble everyone including these "bankers" and "PHD holders". This guy has zero idea of how price is manipulated or delivered and he claims to be a banker. Once you understand the game, once you really understand the game it becomes easy. Chase true knowledge guys. True knowledge, then understand it. Simple.
very right brother..trading humbles all
Mzee uligamble ikuramba..... Uzuri ya Forex ni moja Your PhDs are not respect in the market
No need to hate on his PhDs
Very good coment been looking for , forex doesn't respect degree, Masters,phds,
U have to be involved in active trading for u to understand how it works for sometime.
The hell with luck...Forex is gambling if you don't know what you are doing...we earn a living through that...more so its luck if it meets preparation
When skill meets timing and opportunity they call it luck😂you've never been there never been first hand😂
Well, Forex is a matter of supply n demand, market trends based on analysis, that is technical or fundamentals, as much as it is easy to gain so is to loose, but with a strategy, patience and discipline like in any other business you will conquer the market.
😂 😂 Ivo ndo uliambiwa na Google
Lies, you can't make more than 40% per year trading Forex.
izo technical & fundamentals ndio wasee wanaconiwa nazo
Well articulated
Knowledge is key,.i'll tell you that much,.you wanna learn something don't let anyone discourage you,.it's not easy but possible.
Forex is not a get rich quick scheme but its real and requires one to acquire good knowledge and manage their emotions, it requires good investment also if you are looking for good returns
This guy should come for classes. Risk management is the key. Bi
g capital doesn't to skill and profits. kilimramba mbaya.
Kili mramba ukiona anaongea hivo
U need to bring more of Forex discussions....i have come to grow fond of Daktari💪🤝
I have to disagree with you on that it’s not lack, Forex is not lack. It need one to understand the market have an edge in the market incorporate a technique and DISCIPLINE. Here the meaning of Forex, This is the exchange/speculating of one currency to another or exchange or currency to commodities and vice verser
Forex Trading is exchanged of one currency to another let me elaborate in layman’s terms
When you board a plane ✈️ you land to a different country they don’t use the same currency as from where your from so you go to a bureau or a bank to exchange you kenya shillings to dirham depending on where you landed that act you did is know as forex trading
But some one will ask “ well i can’t see any profit in exchange one currency to another, well here come the forex market where you can (SPECULATE), if your speculation is correct assuming your trading strategy shows that kenya shillings will weakening let’s say against the us Dollar, when you sell to buy another currency and your right then your in the bag
just call it educated gambling :)
It's is calculated risk and luck it's called risk to reward ratio you can loose today on your unlucky day and recover all your losses and make more money the next 'lucky day' all you have to do is to minimise your losses so that that day you get lucky it would be easy to recover all your losses and make money 😊
@@NightElveee fx not for everyone 😅😅
In matters Forex, Indices, Commodities e.t.c i'd have to disagree with the gentleman...He says he was buying Apple stocks but with no underlying reason...There has to be a why and other confluences involved...how can he explain forex when he himself simply gambled on a stock? Let him explain investments he understands and not say other things don't work yet he can't explain how he went about making the dollars he did.
With 100k vested a rise by 0.01% gives you 100. With the fluctuation and a minimalist gain mindset you can achieve this. Take consideration of banks that give you 2% p.a interest a month, it translates to 2,000 when you save the same capital of 100k, and this is not even close to yearly inflation rates. This guy knows what he is saying and this is achievable the question you need to ask is how did he get $100k to invest and have that kin of risk of putting all that into a single stock and not even an index?
This guy is smart and nothing can take that from him.
@@sinzoredennis3844 the stock can also take a dive, just like is the case in forex pairs
@@sinzoredennis3844 no, for sure the math does up, that i can't dispute...The thing is he did the gambling with no confluences to back up the stock whatsoever. So now he comes to these platforms to tell people that making money through stocks and forex is gambling (everything is a gamble in life) coz that's what he did when in actual sense there's more to it than just pressing the buy/sell button. He is smart in areas investment, but in forex / stocks , it's best he let other professionals talk about it.
Big two doctors ❤❤❤❤❤❤
Congratulations everytime ❤❤❤❤
Ati ana fanya kazi world bank na haelewi how forex works big banks like world bank control forex .Ama anafanya hivo intentionally kutupisha watu mbao. wacha kwanza ni funge trade zangu ndio hiyo Friday inaingia😃
Niaje mkuu..
Nimejrbu lkn brother nimeshindwa ni tumie broker gany then yenye inatumia mpesa like kama yko mkuu. Kindly
Unatumia app/website gani?
Sasa hawa ni nani wanaongelea kitu hawajui
There is a thin line between gambling and trading.You could be gambling thinking you are trading if you lack the right knowledge.The problem is most of these people never get the right knowledge, they're just attracted into trading by these influencers who paint a picture that is very far from reality
Y'all just speculating actually what you did with that apple stock was gambling, and the patterns you said about supply and demand are also there in forex but at a more complex level. Do your research don't comment if you have never done it
Do you offer investment classes?
Ndio kudonjo 😊
Where is the full episode
I respect Mukurino but leo ameuma kando, stop misleading people, forex trading is not gambling, huyu jamaa hata hajui forex trading ni nini😂😂😂
Risk yake ilikuwa mingi kuliko reward. And then siku moja akapoteza risk yake akagive up. Risk management ndio key kwa hii game.
Not real, when you trade as Dr. Wachira as explained you buy..... option which is a fraction of the full stock.
In the near future I will feature in this interviews.. 😂😂😂
"Forex skills can only be attained if you spend dedicated time on the charts. The reason why many people lose is simply because they lack the real knowledge and understanding of how markets work. Markets only move to seek liquidity or areas of inefficiency to balance price. If you have a good understanding of this information, you will know the right time to enter and exit the markets. Nobody can tell me now that forex is gambling, and those who say that don’t really want you to gain your freedom. Don’t listen to them."
Kingori dont show us things without tharaa reasearch
3min bro kwani ulikua unatrade na uoga😂
Ata ukuwe pro aje 3 mins kwani market ni yenyu
I get very uncomfortable when some ignorant people say that forex is a casino, why would banks like JPmorgan and other institutions do forex then? Lets leave forex matters to those that understand the skill Abeg🙏
Dr full episode iko wapi
Forex is not like a casino🫵What should we be analysing kama ingekua casino,, we ndo ulikua gambler kwa hii game
Mimi nasemaga mbora pesa kwa meza...I used to learn forex day and night 😅.. now I even don't care about it...nilichidwo 😅
You quit or what?
@@hassanabdullahi3366 yeah, I withdrew myself
I can say a lot about this but, I don't even need to add any more comment here, all has been said and kudos to most of you. I would really want to listen to this guy but on his forex opinion, hapo ameuma nje mbaya sana. Forex isn't whatever you made King'ori believe coz he also looks like he bought it. Even the title of this video, inamislead mbaya sana.
Its lack if you're not skilled.
HE'S AN ECONOMIST BUT LACKS KNOWLEDGE ON FINANCIAL MARKETS! I HOPE HE ACCEPTS THAT AND SUBMIT HIS INTELLECT TO LEARNING ABOUT FINANCIAL TRADING. Whoever says Financial trading is a casino should also accept that any other investment whether electronic or physical including mama kibanda work is a casino too.
If you don't understand it dont try it or talk about it
I guess you are talking of Binary Options,,,Forex is totally different from what you are saying
Huyu mzee hajui anasema nn😂. Am funded 300k with fundednext and i make between 3 to 5 % a month and u want to tell me am gambling🤣. I feel sorry for anyone who takes his advice🤣🤣.
It should remain that way for the uninformed fellows for us that sacrificed everything to master ourselves and the markets... Lets EAT.. congratulations on your funded account!
ulipata funded account kutoka wapi
Nashangaa pia chenye anasema eti ni luck kwani ni betting 😂😂,,
5% itakuwa ngapi bro?
Say no more. I wonder how someone can compare Forex to aviator
3 mins kwani don't you do analysis on your charts this is binary ama jaba
Eti pure randomness?? Go read how chaos theory works n know there's nothing random in stocks
stones were thrown
Gamblers just risk with luck Traders risk with a plan they manage it.
100k boom 600k in same same hour ....msee ata broker na shetani watashangaaa but you ignored so many key things
Hapo kwa forex is luck i don't agree with you,,its like you saying forex is gambling,,
Risk management is key.😂
Today is the day i disagree wíth that MUHINDI 😒😒😒 Foréx is a skill not an investment
200k a minute 😂😂 forex is not for everyone
What is this guy saying... I have been in forex fo for Six years men
And ???
Someone with less than 4 years experience in the market should not even talk about Forex.These people don't know how long it takes to acquire the knowledge
If you have done Forex for more than 5 years consistently then you can have a better opinion.
Si mfunze huyu aviator..
There's nothing random in Forex. So you want to say fundamentals are random yet there are forecast and actual news. Forex is a matter of skills.
Mukorino hajui anything about risk management which is one of the main pillars in trading financial markets , Bure kabisa huyu mtu , 😂
Bro lazima tuh ungehighlight ni mukorino ama ni vile amefunika akili hafikirii
He doesn’t know much about the game …Forex is not a casino though you can choose to take it like that
UNCONSCIOUS INCOMPETENCE .....HUJUI CHENYE HUJUI
Ati it's lack😂😂
Extreme levels of ignorance! And i love it
Do you know that 99% of International Trade worldwide depends on the FOREX Market. Where did you pick this guy from, i mean your guest; Completely misleading people, very ignorant. In fact he sounds more contradictory and hypocritical, i sincerely suggest you both do more research before going on air. just my opinion! Read for yourself through the comments.
You want to understand the markets look for people with skin in the game
200k a minute that a big cap.... forex is real though.
😂😂😂😂 kwani ni forex gani hii? I wish to meet him for atleast two months for free ajue forex ni nini
Invite professional traders who have been in the industry for more than 10 years .
We mzee let me tell you
Your guidance to trade was pure shit
Then king'ori hizi vitu tafuta watu wa brokers kama hf na fxpesa wakupee explanation on how it works hata wewe
People need to restructure how they view and do forex trading also with the correct capital and good risk management hii maneno ya 300k per 3mins huna difference na uwekelee zile mia za mega jackpot ,period!!!
How can you say the biggest Financial Market in the World is like casino, don't mislead Kenyans bro
thought i came to learn🗑
ati forex is based on randomness......you my friend need to do more reading... alot of it
💯
Apa nayo mukurino youre wrong.
Trade to withdraw
My lord!! Your ignorance ,stock market you call casino,, you either learn or quit.
ya'll don know what yo talking of, do yo research
Akona head injury 😂
Forex is life,life is Probabilities and Risk management, and I don't like it when I hear lazy cowards talking I would laugh.
He's so clueless. different from currencies, metals or futures. He was arbitraging stocks.
Trash talk!🚮.. even an armed robber who goes out for robbery doesn't know if he'll succeed that day or not.. will you call that gambling?
When you get good at forex trading & all things being equal, you'll have a constant streak of wins unless the market decides to do otherwise (change its patterns). It's all about spotting patterns(demand & supply) & applying proper risk management & that's a skill that can be developed to get good at!
@ICT come see this classic ignorance
Just Don't mention ICT here...they don't deserve these holistic concepts 😅
Haha I hope he doesn't see this
Whatever this korino is saying is misleading af...
Forex is a scam😂
This guy is lying. Whatever strategy he is talking about won't make money.
I come to wonder if your opinion could be valid to him
Walai😂😂
Ati random patterns 😅
Foolish enough his betting not real knowledge
Luck 😂😂😂😂
Pure lie's
The guy is a clown
Ignorance...
uyu mkorino nishoga
Nyamaza kama hujui mtu.....
@@gospel3075 wewe ni mjinga kama mamayako
Just be good to him he is having a family 😢
😂😂😂
😂😂😂😂
invite me to you confress i explain forex
Where is the full episode