English
**Title: Interactive Lesson with Shikar**
**Introduction**
Good evening, everyone. Welcome to this interactive lesson. My name is Shikar, and I'm excited to guide you through a comprehensive learning experience.
**Overview**
We have a lot to cover, so please stay engaged and follow along closely. There is a great deal to learn, and I am here to help you through every step of the way.
**Personal Journey**
Let me share a short story about my journey in trading. I started trading in 2019 after recognizing the significant opportunity and skill it represents. Forex trading is indeed a major skill, and even though I am offering this session for free, it does not diminish its value.
When I started, I invested over 300,000 to learn. I know some of you have spent even more, yet your so-called mentors may have taught you very little. This is often because even mentors need mentorship. Many of them either copy others' signals or rely on luck.
**The Nature of Trading**
Trading is both an art and a science. It is an art because it requires creative and intuitive thinking, much like an artist. It is a science because it involves following scientific principles and methods.
**Recent Example**
Last week, I funded an account with $10, and it is currently at $83. Many of you are familiar with similar challenges, which demonstrates the potential of forex trading.
**Addressing Skepticism**
The idea that forex trading is a scam should be dispelled. There are many millionaires in forex trading, and you can be one of them. When I talk about being a millionaire, I’m referring to real, practical experiences, not just theoretical notions.
**Commitment Required**
Achieving success in trading requires hard work and learning. It’s not something that comes easily or for free. Every great achievement involves effort and persistence. I struggled for years before figuring out what was wrong, and my mission here is to help you find success more quickly.
**Class Structure**
This course will run for a month and one week:
- **First Two Weeks:** Elementary aspects of forex trading.
- **Third Week:** How to analyze the market.
- **Fourth Week:** Practical application of trading strategies.
- **Fifth Week:** Psychology training for traders.
**Understanding Forex**
Forex, or the foreign exchange market, is the global financial market for trading currencies. In Nigeria, for example, people trade currencies on the street. They buy currencies from banks and sell them at different rates, making money from the difference.
This is similar to what we do in forex trading, but with more advanced tools and strategies. We don’t need to find banks to buy from or people to sell to directly.
**Forex as a System**
Forex is not a scam; it is a way of living and a core component of every business. As long as you are exchanging one value for another, you are part of the forex system. For instance, even a seller of pure water is indirectly part of the forex system as long as their money reaches the central bank.
We can access a daily flow of about 6.6 trillion dollars in the forex market from our phones or laptops. The sheer volume of this market illustrates its potential. Understanding this can help you see forex as a crucial opportunity.
**Inclusion**
The foreign exchange market, commonly known as forex or FX, is the largest financial market in the world. It is a global, decentralized market where currencies are traded, and exchange rates change constantly.
Most currency transactions in the forex market are speculative. Currency traders buy and sell currencies hoping to profit from future price changes, much like how some Nigerians bought dollars hoping the naira would depreciate further.
**Comparing Market Volumes**
To put the forex market’s size into perspective:
- The New York Stock Exchange (NYSE) has a daily volume of $200 billion.
- In contrast, the forex market has a daily volume of $6.6 trillion.
This enormous volume means the market is vast enough to absorb significant trades without major fluctuations. Even if you lose a small amount, the market remains unaffected.
**Conclusion**
Your role as a trader is to learn how to claim your share of the $6.6 trillion daily flow in the forex market. The market is too large to be concerned with individual losses, so focus on developing your skills to succeed in this dynamic environment.
We will end here for today. Thank you for participating, and I look forward to our next session.
!
**Introduction**
Good evening, everyone. Welcome to this interactive lesson. My name is Shikar, and I'm excited to guide you through a comprehensive learning experience.
**Overview**
We have a lot to cover, so please stay engaged and follow along closely. There is a great deal to learn, and I am here to help you through every step of the way.
**Personal Journey**
Let me share a short story about my journey in trading. I started trading in 2019 after recognizing the significant opportunity and skill it represents. Forex trading is indeed a major skill, and even though I am offering this session for free, it does not diminish its value.
When I started, I invested over 300,000 to learn. I know some of you have spent even more, yet your so-called mentors may have taught you very little. This is often because even mentors need mentorship. Many of them either copy others' signals or rely on luck.
**The Nature of Trading**
Trading is both an art and a science. It is an art because it requires creative and intuitive thinking, much like an artist. It is a science because it involves following scientific principles and methods.
**Recent Example**
Last week, I funded an account with $10, and it is currently at $83. Many of you are familiar with similar challenges, which demonstrates the potential of forex trading.
**Addressing Skepticism**
The idea that forex trading is a scam should be dispelled. There are many millionaires in forex trading, and you can be one of them. When I talk about being a millionaire, I’m referring to real, practical experiences, not just theoretical notions.
**Commitment Required**
Achieving success in trading requires hard work and learning. It’s not something that comes easily or for free. Every great achievement involves effort and persistence. I struggled for years before figuring out what was wrong, and my mission here is to help you find success more quickly.
**Class Structure**
This course will run for a month and one week:
- **First Two Weeks:** Elementary aspects of forex trading.
- **Third Week:** How to analyze the market.
- **Fourth Week:** Practical application of trading strategies.
- **Fifth Week:** Psychology training for traders.
**Understanding Forex**
Forex, or the foreign exchange market, is the global financial market for trading currencies. In Nigeria, for example, people trade currencies on the street. They buy currencies from banks and sell them at different rates, making money from the difference.
This is similar to what we do in forex trading, but with more advanced tools and strategies. We don’t need to find banks to buy from or people to sell to directly.
**Forex as a System**
Forex is not a scam; it is a way of living and a core component of every business. As long as you are exchanging one value for another, you are part of the forex system. For instance, even a seller of pure water is indirectly part of the forex system as long as their money reaches the central bank.
We can access a daily flow of about 6.6 trillion dollars in the forex market from our phones or laptops. The sheer volume of this market illustrates its potential. Understanding this can help you see forex as a crucial opportunity.
**Inclusion**
The foreign exchange market, commonly known as forex or FX, is the largest financial market in the world. It is a global, decentralized market where currencies are traded, and exchange rates change constantly.
Most currency transactions in the forex market are speculative. Currency traders buy and sell currencies hoping to profit from future price changes, much like how some Nigerians bought dollars hoping the naira would depreciate further.
**Comparing Market Volumes**
To put the forex market’s size into perspective:
- The New York Stock Exchange (NYSE) has a daily volume of $200 billion.
- In contrast, the forex market has a daily volume of $6.6 trillion.
This enormous volume means the market is vast enough to absorb significant trades without major fluctuations. Even if you lose a small amount, the market remains unaffected.
**Conclusion**
Your role as a trader is to learn how to claim your share of the $6.6 trillion daily flow in the forex market. The market is too large to be concerned with individual losses, so focus on developing your skills to succeed in this dynamic environment.
We will end here for today. Thank you for participating, and I look forward to our next session.
!
**Title: Interactive Lesson with Shikar**
**Introduction**
Good evening, everyone. Welcome to this interactive lesson. My name is Shikar, and I'm excited to guide you through a comprehensive learning experience.
**Overview**
We have a lot to cover, so please stay engaged and follow along closely. There is a great deal to learn, and I am here to help you through every step of the way.
**Personal Journey**
Let me share a short story about my journey in trading. I started trading in 2019 after recognizing the significant opportunity and skill it represents. Forex trading is indeed a major skill, and even though I am offering this session for free, it does not diminish its value.
When I started, I invested over 300,000 to learn. I know some of you have spent even more, yet your so-called mentors may have taught you very little. This is often because even mentors need mentorship. Many of them either copy others' signals or rely on luck.
**The Nature of Trading**
Trading is both an art and a science. It is an art because it requires creative and intuitive thinking, much like an artist. It is a science because it involves following scientific principles and methods.
**Recent Example**
Last week, I funded an account with $10, and it is currently at $83. Many of you are familiar with similar challenges, which demonstrates the potential of forex trading.
**Addressing Skepticism**
The idea that forex trading is a scam should be dispelled. There are many millionaires in forex trading, and you can be one of them. When I talk about being a millionaire, I’m referring to real, practical experiences, not just theoretical notions.
**Commitment Required**
Achieving success in trading requires hard work and learning. It’s not something that comes easily or for free. Every great achievement involves effort and persistence. I struggled for years before figuring out what was wrong, and my mission here is to help you find success more quickly.
**Class Structure**
This course will run for a month and one week:
- **First Two Weeks:** Elementary aspects of forex trading.
- **Third Week:** How to analyze the market.
- **Fourth Week:** Practical application of trading strategies.
- **Fifth Week:** Psychology training for traders.
**Understanding Forex**
Forex, or the foreign exchange market, is the global financial market for trading currencies. In Nigeria, for example, people trade currencies on the street. They buy currencies from banks and sell them at different rates, making money from the difference.
This is similar to what we do in forex trading, but with more advanced tools and strategies. We don’t need to find banks to buy from or people to sell to directly.
**Forex as a System**
Forex is not a scam; it is a way of living and a core component of every business. As long as you are exchanging one value for another, you are part of the forex system. For instance, even a seller of pure water is indirectly part of the forex system as long as their money reaches the central bank.
We can access a daily flow of about 6.6 trillion dollars in the forex market from our phones or laptops. The sheer volume of this market illustrates its potential. Understanding this can help you see forex as a crucial opportunity.
**Inclusion**
The foreign exchange market, commonly known as forex or FX, is the largest financial market in the world. It is a global, decentralized market where currencies are traded, and exchange rates change constantly.
Most currency transactions in the forex market are speculative. Currency traders buy and sell currencies hoping to profit from future price changes, much like how some Nigerians bought dollars hoping the naira would depreciate further.
**Comparing Market Volumes**
To put the forex market’s size into perspective:
- The New York Stock Exchange (NYSE) has a daily volume of $200 billion.
- In contrast, the forex market has a daily volume of $6.6 trillion.
This enormous volume means the market is vast enough to absorb significant trades without major fluctuations. Even if you lose a small amount, the market remains unaffected.
**Conclusion**
Your role as a trader is to learn how to claim your share of the $6.6 trillion daily flow in the forex market. The market is too large to be concerned with individual losses, so focus on developing your skills to succeed in this dynamic environment.
We will end here for today. Thank you for participating, and I look forward to our next session.
!
