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 trading with Dr. King'ori.

[akatwijukahillary]

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

[MauroTakeda-nunt]

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.

[ChequeBoi]

forex is just probabilities. have an edge and just know what you're doing. Risk management is key.

[ChequeBoi]

another day to say forex is not for everyone.

[DQwench]

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.

[Bundipips]

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

[TheKassidy]

Saying forex is all luck based is just ignorance

[andrewkifee]

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.

[dr.lemayian]

Go make money, , don't listen to anyone, , , you have the skill, , , go milk those markets....anything else don't listen.

[Martin_Classics]

huyu kilimramba, lakini hajui vile kuna pesa huko ..risk management my friend is the key

[usermialex]

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

[ChrisantusOloo]

Forex is an investment vehicle meant to grow your capital, purely based on fundamentals and technical analysis. Huyu mzee aache jaba mingi

[normzynormzy]

but why do banks employ forex traders if it is a scam

[kimsekalera]

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.

[elbeshafx]

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

[iankariuki]

This guy should come for classes. Risk management is the key. Bi
g capital doesn't to skill and profits. kilimramba mbaya.

[owenrashid]

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

[angelicsaint]

U need to bring more of Forex discussions....i have come to grow fond of Daktari💪🤝

[PETEREISTEIN]

When skill meets timing and opportunity they call it luck😂you've never been there never been first hand😂

[erastusmuigai]

Big two doctors ❤❤❤❤❤❤
Congratulations everytime ❤❤❤❤