From the Desk of Mike N.

Yes, It's possible to remain a profitable forex trader earning a regular income for a long long time.

My name is Mike N. and I started making money online way back in 2007.

I used to work for a Local Loop Operator, but the more common name today is Internet Service Provider (ISP).

Today we have Bandos (internet bundles) that one may use their phone to subscribe no matter the part of the country there in.

In 2007, having access to unlimited internet outside the workplace would put you in the category of 'deep state'. It was soft life at the time.

So I had access to Internet and immersed myself to the free knowledge that was mostly out of reach for many. I remember subscribing to every newsletter that I'd come across. Trading my email for every possible free ebook download, in a myriad of topics.

I remember reading 'The Dating Black Book' by Carlos Xuma, 'Double Your Dating' by David DeAngello. I think young men today read works of Rollo Tomassi (a John come lately).

Reading these interesting topics, I discovered affiliate marketing. Where you could tell a friend to buy a book through a special link and it earns you a commission.

After doing much of affiliate marketing I discovered, Kenyans at the time did not have credit cards that were allowed for online transactions. It was either I learnt how to reach the market abroad or I started something new.

In 2008, I discovered forex trading.

No selling, no begging, no pleading.

Just my trading account and I

After trading part time for 4 years, I quit employment in 2012 to trade forex full time.
They say to be an expert in any field you ought to have at least 10,000 of hours spent in the craft.
If you calculate 8 hours a day, 5 days a week for 50 weeks a year it equals one year. You'd therefore need 5 years to become an expert.

It's on trading the 5th year that I got initiated to trading forex properly through a fire of tribulations

Take a listen;
A neighbour that had noted I spent most of the time in house, inquired what I do for a living. So I introduced him to what I was doing.

A few weeks later he came with some $2,000 and asked that I trade on their behalf and we'd share profit. That was approximately, Kes. 200K and it was not little money since at the time bread and milk was in the regions of Kes. 42 to 48 depending on the brands you pick. Today the same goes for more than Kes. 100 (hence more than double).

I opened a separate broker account for the purpose of proper tracking and accounting. Weeks passed and I had grown the account by an extra $1000. My neighbor was elated. Lets call him, Sam.
There is this weekend that I left trades open. Trades went in the opposite direction. And the account was down to $300. Sam had an observer password and noted things were going haywire.

Even before I could close the trades to realise the loss. I got a call from a CID officer stationed in a police station near Nyayo Embakasi. I was gruelled for hours but the officer seemed not to understand exactly what I was doing. He just asked me to get Sam's money and pay him back.

A week later I got a call from an officer near a police station at KICC. He asked me what I do, but could not understand despite much explanation. At the time I had closed all trades in Sam's account to realise the Kes. 30K that remained. I tabled the statement of all the trades taken. The officer told Sam, this looks like normal profit and loss, no funds were embezzled.

A month later I got visited by two armed officers in plain clothes, in my house in Nyayo Estate. They asked me to show myself at station near Nairobi university (I'm sure you may guess which one). Having done my research on law, I was no longer timid, I presented myself at the station on the requested date.

Before the interview, I made it clear that I would not offer any information unless they take my statement and I get a copy of the same. Just in case Sam, gets some officers to summon me in a different town. When that was done and my accounts investigated, the officer told me, there is no 'case here'.

Eight months later, I had made some good money trading forex. I withdrew some Kes. 170,000. I visited Sam at his house one evening and presented him with the money. We spoke a little as he counted. I also noted they had a newborn who was approximately 8 months old. Understandably, he had taken me through all that in an effort to recover his money and take care of the new development.

Having gone through a forex trading initiation by fire. It was time to learn from my experience. I'd never tell anyone that I trade forex instead, would tell them that, I do article writing in freelance websites.

I'd later learn that the forex broker that I had opened an account for Sam was a rogue one. They used to engage in an activity called, 'stop hunting'. This means a trader will place a trade and in a few moments the trade would start going in the opposite direction through a price feed manipulation.

Having gone through a forex trading initiation by fire. It was time to learn from my experience. I'd never tell anyone that I trade forex instead, would tell them that, I do article writing in freelance websites.

I'd later learn that the forex broker that I had opened an account for Sam was a rogue one. They used to engage in an activity called, 'stop hunting'. This means a trader will place a trade and in a few moments the trade would start going in the opposite direction through a price feed manipulation.

In my search for a legit broker, that's when I came across, Equiti.

 A financial trading institution regulated in the UAE or Dubai as people prefer to call it.

One of my contacts in Equiti, Moonika would inform me that they are opening a Forex Brokerage in Kenya.

The brokerage is by the name EGM Securities trading as FXPesa and regulated by CMA (Capital Markets Authority of Kenya)

There are as many successful trading systems as there are traders. 

A successful system consists of 70% Psychology and 30% Mechanical system.

Developing the 70% of the system is individualised and unique to each Individual.

So how can one make money trading forex starting immediately and become a pro trader over time?

Step One: Get Started with a working set of trade recommendations and Trade management rules

Step Two:  Invest in improving your craft by learning and practising with virtual money

Step Three: Take the lessons, be your own trader. Conquer the markets!

Consider yourself lucky!

As a way of giving back, I've partnered with FXPesa to make available a trading account with all the provisions you need to succeed. Most importantly, you get free trade recommendations and Signals and even better, free education to bring out the trader in you.

To make the deal even sweeter, you'll qualify for a FREE monthly mentorship call with Mike N himself to assess your trading perfomance and how to overcome constraints and get to the next level as a trader.

Here is what you have to do:

Open a trading account by clicking the big button below.

Fund it with at least $100 and you'll immediately get access to trade signals.

One of my colleagues will get in touch to make sure you're most welcome and have everything you need. At the appropriate time, you may request for a mentorship call and we design a trading plan together that suits your unique situation to catapult you for growth and success.

Copyright © 500Signals.com. All Rights Reserved.  privacy ~ contact