Making over 6000% trading in a few hours
A story about beginners luck
I’ve rarely told this story because I don’t like to give the wrong impression to newer traders, that only think about a fast path to wealth.
I prefer to provide people with the reality of what means to be a real trader.
But it’s important to know how beginner’s luck play a role in a lot of people’s journey.
Leading them to dangerous false beliefs about risk and markets.
Today I’ll tell you the story of when I turned €10 into over €600, in a few hours, “trading” binary options.
Yeh, I quoted “trading” because it’s not real trading. It’s basically gambling.
It was late 2016 and I was 19 years old at the time. (crazy how time flies)
Today, most of these platforms, have been banned in the EU, due to their shady activities behind the scenes.
But back then, they were operating as they wanted.
On these platforms, you’d take a bet on where prices would be at, in the next few seconds, minutes, hours or days.
I had no experience in the markets, and I was learning.
For context, I barely had a high school diploma, I was working in a warehouse, and every free time I had, I was trying to find my way into a profitable online business.
I was trying dropshipping, affiliate marketing, building websites, even doing music (good story for later), every business that you could think of that would attract a 19 year old kid.
Eventually, I saw this ad on youtube, of a guy trading these weird binary options and making loads of cash.
He had a fancy house in Spain, a big backyard with expensive cars and a pool.
Being naive as I was, about anything related to online “businesses”, if that guy is doing it, it must be true right?
He even shows screenshots of his accounts!
How naive I was…
So I went on and deposited my first €10 into my account.
Despite my naivety, at least I knew I needed some type of idea on how to trade.
I was reading forums, watching youtube videos, trying to find that single idea that would allow me to make short-term predictions on price.
Until I found a forum…
On this forum, an anonymous guy by the name of Hubba Hubba (if my memory doesn’t fail me), was sharing his system, that he claimed made him hundreds of thousands of dollars.
Now that I look at it again, after almost 8 years, I can see that his “system”, was based on a very rudimentary idea of mean reversion.
Back then, I didn’t know that.
I still had the school mentality, that everything has defined rules, and that by following rules, I would make money.
How naive I was ahah…
So I went down this rabbit hole.
I began studying every little concept of the strategy, and started to apply it in training mode.
Here’s me making $2k in fake money, and thinking about all the things I could buy when it would be real money! 😂
I still have hundreds of pictures of this time in my cloud.
To be fair to my younger self, at least I was putting in the time. Even if misguided.
Since I am from a country with very low income, every Euro I “invested”, I had a lot of respect for.
A this time, I think my monthly income was around 580€ for my full time job, if my memory doesn’t fail me.
So €10 was important to me.
As I studied, I became more and more confident about what I was doing.
I stopped being this kid with 0 knowledge, to now having an idea of a system I could use.
So I placed my first trade with real money.
Over the course of a few hours, I made over €600.
A whopping 6000% return.
I took more than half out, and left the rest to compound.
I still remember showing it to my parents, and they were proud of me, as if I was some kind of genius or something.
The next few months were brutal.
I lost it all and probably even more than what I had made.
I quickly realized that this game is much harder than what it looks.
I needed something more.
And this is where it all began.
Only a year later, by November 2017, I decided to get really serious, and to dive into my craft.
That led me down the path of learning everything I know today about markets.
Despite the naivety of that kid, I still thank him for his work.
After all, I wouldn’t be writing this today without going through that.
So that you don’t have to go through the 7 years of pain I went through learning to trade, and to help you really speed up your learning curve, I’ve decided to open a few spots to one-on-one coaching, to share my knowledge and passion for trading, with you.
I’ll show you exactly how you can go from unprofitable, to profitable trading, as I did.
If you’re an individual or enterprise, feel free to book a call:
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