Words of Rizdom Kojo Forex: Unemployed to Trading 7 Figures in Capital | WOR Podcast EP.80
Nov 6, 2023
In this engaging discussion, Kojo Forex shares his inspiring journey from unemployment to becoming a successful forex trader managing seven figures in capital. He dives into the significance of risk management, the evolution of his trading strategies, and the importance of financial literacy. Kojo also explores the Skilled Challenge trading opportunity, emphasizing its accessibility for all traders. He highlights the transformative power of reading and discusses how impactful literature shaped his mindset for success in trading and personal development.
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Kojo's Early Trading Journey
- Kojo Forex started trading in 2012 with a $300 gift from a friend while in university in Ghana.
- He learned trading through trial and error and focused on risk management from early on.
Major Trading Loss and Recovery
- Kojo nearly doubled a $2,000 trading account but lost it all after an emotional decision.
- He treated the loss as a learning curve and revamped his trading approach from the basics.
Repetitiveness in GBP Trading
- Kojo found that the GBP pairs exhibited repetitive price patterns linked to geopolitical events.
- Understanding market repetitiveness allowed him to create an autonomous, rule-based trading process.
