Month: February 2022

A Trader’s Reflection

A Trader’s Reflection

Reflection [chuckles] What is reflection? Do you love your own reflection? So many questions—with, yet again… different definitions. A reflection is the return of light, heat, energy or sound waves from any surface. “To fix one’s thoughts (particularly from the past) on something”, is also a reflection. When you reflect, you ponder, mull, think—reflecting is synonymous with “past”—In most cases, you can only reflect if it’s something from the past. 

However, writing this particular journal entry, I thought of: “what our reflections would be like as traders”. Have you ever had to reflect back to who you were before trading?, Well, I do sometimes, who am I kidding? I’m even doing it now.

According to our definitions, In the word reflection, we get to pick some words like: “The return of light, heat, energy or soundwaves”, “Fix one’s thoughts”… You know what this means?, The first definition, simply means: your reflection is how you feel at a particular moment, the energy you transmit at that point is reflected. That’s why, if you look in the mirror—sad, you will not expect to see someone happy in there. Whereas, the second is an escape from realty. That is, when you reflect you leave this particular plane, moment and travel back in time.

Traders and psychology with Jeffrey Benson

Traders and psychology with Jeffrey Benson

Jeffrey Benson went ahead to let us in on his forex voyage. “I got to know about forex through a family friend”. He speaks about Mr. Kunle who let him in on the forex virtue—by inviting him to a seminar (IML) in which he had to raise $200 for mentorship. Benson couldn’t keep up with the fees of the academy so, he quit and decided to learn this skill online independently. In terms of education, Benson might just be a maverick. Fire pips CEO: also lets us in on his trading plan, favorite pairs, and all his confidentials in this cruise. 

“Seeing people win as much as I’m winning; motivates me. Taking trades and people gaining from—it just makes me want to do more. I love people and I’m inspired by them”.

— Jeffrey Benson.

How do you manage a trade when in it?

Whenever I have running trade, since I’m a day trader, I don’t leave my MT4 closed. I stay by it. All my trades get 20 pips stop-loss and that’s my best. I move this SL—as I get closer to my target to reduce my risk (that’s break-even). That’s like using the market’s money to trade.

Traders and psychology with Mayowa Martins

Traders and psychology with Mayowa Martins

Mayowa Martins is a 28 years old Financial analyst and trading luminary, he shares his forex and trading anecdote. Martins speaks on why he chose to work the path of the candles.

In his own locution “I got into financial trading cos I wanted freedom. Not just financially, but mentally and socially. I never could stand being controlled or put under work and I loved when I see or hear (printing my own check) when I’m around some white folks I had some sort of business with, I got interested, did my research and found out the easiest and best way to be free was going into trading, right now I’m totally free”. “I don’t marry pairs , I just pick opportunities and make use of them“, He adds. When asked of his trading plan and best pairs. 

Mayowa’s term in the financial industry is currently quadrennial and co-own a trading and investment group called FXHB CAPITAL LIMITED. Let’s meet the plain-sailing yet suave forex hot boy