Effect of making 200k per minute in Forex || Dr. David Wachira
Former World bank employee now Bank owner, Dr. David Wachira leaves no stone unturned on his take on forex and stock …
Effect of making 200k per minute in Forex || Dr. David Wachira
Former World bank employee now Bank owner, Dr. David Wachira leaves no stone unturned on his take on forex and stock …
44 Comments
@njorogemosi
May 25, 2024 - 6:18 pmHow dare he call FOREX market a casino. Please let the "former World bank employee" know the FOREX MARKET IS THE LARGEST MARKET IN THE WORLD. let him take that to the bank. He needs to get his facts right, there is a difference between STOCK MARKET & FOREX MARKET. More to that how do you go in and out of a market in 3 mins and make your profit as if he is not the Gambler. People need to change there perception about the FOREX market Gadmit! He may have knowledge about other things but FOREX MARKET is where we draw the line. hmm..Ukitoa hiyo kizungu yake safi aongee kwa kiswahili mambo kuhusu FOREX utapata Kenyan prince hapo mahali.
@dipsetkararu1617
May 25, 2024 - 6:18 pmEti pure randomness?? Go read how chaos theory works n know there's nothing random in stocks
@bettychepkirui2283
May 25, 2024 - 6:18 pmHapo kwa forex is luck i don't agree with you,,its like you saying forex is gambling,,
@clips8801
May 25, 2024 - 6:18 pmContinue spreading lies so that government does not tax my payouts
@akatwijukahillary7627
May 25, 2024 - 6:18 pmThese 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
@akatwijukahillary7627
May 25, 2024 - 6:18 pmThere 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
@elbeshafx
May 25, 2024 - 6:18 pmThe 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
@kimsekalera5394
May 25, 2024 - 6:18 pmGood 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.
@charlessirginy4L
May 25, 2024 - 6:18 pmWhatever this korino is saying is misleading af…
@charlessirginy4L
May 25, 2024 - 6:18 pm200k a minute that a big cap…. forex is real though.
@michaeldennis1868
May 25, 2024 - 6:18 pmY'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
@Yo-Bruh
May 25, 2024 - 6:18 pmSasa hawa ni nani wanaongelea kitu hawajui
@DQwench
May 25, 2024 - 6:18 pmThe 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.
@kelvinngari4040
May 25, 2024 - 6:18 pmI guess you are talking of Binary Options,,,Forex is totally different from what you are saying
@zacharymbugua
May 25, 2024 - 6:19 pmApa nayo mukurino youre wrong.
@Quantumrealm999
May 25, 2024 - 6:19 pmAti 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😃
@user-pp2ib7lm9k
May 25, 2024 - 6:19 pmThe "economist" is totally ignorant, possibly he never met anyone who is a professional trader. He has only technical knowledge like novice and most retail traders, who gamble through forex, and he was merely lucky to make money in stock which was not going to be sustainable, possibly kilimramba at some point, the reason anasema ni luck.
Forex is not the same thing as he is presenting. Inf act with understanding, it is the lowest risk business anyone can undertake, underline the word 'WITH UNDERSTANDING'. Just like medicine or engineering, u need long duration of study and internship before u can actually practice. Same with forex, u need to take like 2 to 3 years of learning and practice to have proper knowledge of financial markets and the underlying fundamentals, anything less u will be a quack, half-baked trader, thus a gambler.
What this guest in the show did was what gamblers do, he gambled without any fundamental analysis know-how, just merely looking at the charts, which is solely technical analysis, in the long run failure is inevitable. Forex is not like casinos, it is not gambling, it is driven by fundamentals like economy(GDP), forces of supply and demand, interest rates, inflation data etc.., Stop misleading people, u should do thorough research to understand the trade before coming to the studio to ooze mere opinion, baseless and clueless. You were a gambler, never a trader, just like many so called forex and stock traders.
@stanleymuli2197
May 25, 2024 - 6:19 pmI respect Mukurino but leo ameuma kando, stop misleading people, forex trading is not gambling, huyu jamaa hata hajui forex trading ni nini😂😂😂
@usermialex
May 25, 2024 - 6:19 pmEveryone 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
@antonykamau6005
May 25, 2024 - 6:19 pmIts lack if you're not skilled.
@ebrahwrld
May 25, 2024 - 6:19 pmAti it's lack😂😂
@ruthkaranja6502
May 25, 2024 - 6:19 pm@ICT come see this classic ignorance
@thechoice9880
May 25, 2024 - 6:19 pmWe 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!!!
@delfinkabui5390
May 25, 2024 - 6:19 pmKingori dont show us things without tharaa reasearch
@ycuebeats872
May 25, 2024 - 6:19 pmLuck 😂😂😂😂
@titanicride001
May 25, 2024 - 6:19 pmMimi nasemaga mbora pesa kwa meza…I used to learn forex day and night 😅.. now I even don't care about it…nilichidwo 😅
@iankariuki347
May 25, 2024 - 6:19 pmThis guy should come for classes. Risk management is the key. Bi
g capital doesn't to skill and profits. kilimramba mbaya.
@tonnyndundahse69
May 25, 2024 - 6:19 pmForex 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
@ianndungu9215
May 25, 2024 - 6:19 pmIf you don't understand it dont try it or talk about it
@chieduegwim8728
May 25, 2024 - 6:19 pmDo 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.
@enocksimiyu9027
May 25, 2024 - 6:19 pmFor the first time I strongly disagree l have go deeper into so called financial industry, the big fish are always the investment bank ie goldman sach, bridge water associate where professional trader have made money both on bull and bear market, a retail trader and you get the dumb advice from our brokage account to trade more ending blowing our account up, just folllow anthony kreil tearing this industry
@AwoSandra
May 25, 2024 - 6:19 pmHow much can someone with $200 make in a day if i invested it
@dr.lemayian1766
May 25, 2024 - 6:19 pmGo make money,,don't listen to anyone,,,you have the skill,,,go milk those markets….anything else don't listen.
@Doctor.SoandSo
May 25, 2024 - 6:19 pmExtreme levels of ignorance! And i love it
@normzynormzy6364
May 25, 2024 - 6:19 pmbut why do banks employ forex traders if it is a scam
@normzynormzy6364
May 25, 2024 - 6:19 pminvite me to you confress i explain forex
@_yt.2108
May 25, 2024 - 6:19 pmGamblers just risk with luck Traders risk with a plan they manage it.
@peternjogu5859
May 25, 2024 - 6:19 pmMukorino hajui anything about risk management which is one of the main pillars in trading financial markets , Bure kabisa huyu mtu , 😂
@sunboy90comedy25
May 25, 2024 - 6:19 pm3 mins kwani don't you do analysis on your charts this is binary ama jaba
@calebyobo6313
May 25, 2024 - 6:19 pmPure lie's
@calebyobo6313
May 25, 2024 - 6:19 pm3min bro kwani ulikua unatrade na uoga😂
@maxwellmuthomi2870
May 25, 2024 - 6:19 pmHuyu 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🤣🤣.
@OdhiamboTrades
May 25, 2024 - 6:19 pmForex is life,life is Probabilities and Risk management, and I don't like it when I hear lazy cowards talking I would laugh.
@centralnewsonlinetv5675
May 25, 2024 - 6:19 pmPeople who don't understand fx they say is a scam.but what they don't know is that you can't escape Forex .you are dealing with it daily whether directly or indirectly . If you think Forex is a scam then you too are a scam 😏😏😏😏
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