From Being Bullied to Become a Bullish 6 Figure Forex Trader

EPISODE SUMMARY:

This episode features an interview with Yusuf, a forex trader and educator based in Spain who started trading forex 7 years ago after dropping out of marketing school. He lost a lot of money in his first two years but persisted and became profitable. He emphasizes the importance of managing yourself first before managing the markets. Having good risk management and a trading strategy is crucial.

KEY TAKEAWAYS:

1. Manage yourself first before managing the markets. Have good risk management and a trading strategy in place. Know your limits and when to exit trades.

2. Be open to learning new things and testing them out. Don't just read books, implement what you learn to see if it works.

3. Focus on giving customers what they want. Have sympathy for them and provide a good experience. This will motivate you and attract more customers through good reviews.

BEST MOMENTS:

"Control yourself and manage your risks well".

"Learn from people instead of calling them a scam".

"Give customers what they want to motivate yourself and attract more".

GUEST CONTACT METHOD:
Instagram: https://www.instagram.com/yusvarial/

CONTACT METHOD
Instagram: https://www.instagram.com/b16ree
Facebook: https://www.facebook.com/ree.hurakan.5/
Twitter: https://twitter.com/b16ree
Clubhouse: @b16ree
TikTok: https://www.tiktok.com/@b16ree

Transcript

Hey everyone, and welcome to the entrepreneur heroes podcast here today with me today, we've got Mr. Use of now use of, I've known him for a while. He's a trader, and he's an educator, and he's got an amazing journey. So rather than me go on, let's talk to the man himself, as the guy knew. So thanks for coming today.

I really, thank you for inviting me today. I'm really excited to answer all your questions and also to help other people if they are interested in this business or this this path, let's say it's really hard path that yeah, if if you wanted and you pretty much know what what do you want in life? You can prepare yourself for this. And, and yeah, yeah, it's It's everything you have to start like, slowly, slowly growing. And with time, you will reach it.

Awesome, man. Awesome. So how have you been?

Well, you mean, like, how I've been these days? Or

how have you been my life two years only. This happened.

In the last few years, it was really, really hard. Like with a lot of stuff, like, with the business stuff with the training, it's not on training. We didn't it didn't hit that hard. As we expected. The markets was really stable and the markets down trading, which is Forex markets. But yeah, we saw the stocks and a lot of business, they disappeared. There's a lot of people struggling this two years. And yeah, it was really a nightmare. But in my in my way, it was not really that much.

Awesome. Okay. So probably the listeners out there probably thinking, what does he do? So what do you do?

Well, what I'm doing is day trading day trading in for the forex market, the forex markets are actually the foreign markets, which is like, they have pairs, and the pairs are like the Euro versus the Sterling, the Euro versus the dollar, for example. And what we do normally is we try to find the advantage on if the Euro is having a bad situation in front of the US, for example, and we can sell the euro and we make some profits from that divergence. So basically, we trade the divergence between one currency and the other one. And all profit is getting made, basically on the risks that we are looking for on on the days that we're looking for also, and we also study a lot of fundamental aspects to know if one currency is going to get higher, stronger, or is going to go lower and weaker. So that is the kind of stuff we do. So our profit is basically came out from that, from that that way.

Awesome. So you're a forex trader. And that's your strategy says the divergence between currencies, how long you've been doing it.

It's been now I can say, six, seven years, but being profitable the last five years, I've been really profitable in a yearly basis. That is months obviously, where you have heard months, you have good months as everything, so I'm, I'm taking care of of the training as if it is a business, you have good months on business and you have bad months in business. So, it the same thing on forex, there is really hard months where there is no liquidity. So that is something very important like the liquidity, if there is no volume of trading, if there is no companies putting a lot of money out there. So nothing is moving. So if there is no moves, you cannot make your profits. So we are always looking for that liquidity and the volume trading is something really important if you want to make profits and also to find opportunities, obviously. And, and yet it's been really hard. Like the start was really hard. They lost a lot a lot of money on the first two years. After the first two years I started to see what is my mistakes and what I'm doing wrong and trying to do my best on that way. And I'm always learning something new. So it's been really six years now six to seven years now but without stopping. So there's a lot of people they say yeah, you some you stopped from solving and you came up and you came back and stuff like that, but they never stopped it like I stopped like for one month maybe you have vacations with the rest of the year and the rest of that time. It was like every single day in front of the computer, eight hours a day and you're looking for opportunities all the time since you wake up. You have to find something. That is what it takes like to be a day trader because you're always looking for something, yeah, not daily basis.

Awesome. So. So that's a great journey. And obviously applause for you continuing because people, normally when they start something great, they start, it doesn't work and they say, ship, this doesn't work. This isn't good. Everyone that does is a scammer. So, you've shown in two years, doesn't matter what losses that happened. You continued, you're consistent. So within those two years, where you're making losses, how did you feel? What was going through your mind? And how many times did you want to give up?

Like, in the first two years, I, since I started, I never wanted to give up, like, my family was pushing me to give up like, you have to stop this. You're losing everything you're investing in, you lost more than 6000 euros, and stuff like that. But I never stopped it like I was I was fully in and they said, Yeah, I have to learn from this because there is other people that they are making profit from this, I'm capable of doing the same why other people Yes, and why I cannot do it. So I was just checking other people, when at that time, I didn't have any mentor. And that is no a lot of videos. And also the time I didn't know how to speak English, right now I can. But at that time, in Spain, it was no educators or mentors, or something like you can find on YouTube, everything was an English and you have to translate it, if you want to understand something. So it was pretty, pretty much hard. But I started like figuring out what the best at the game at that time following up and checking what they do on a daily basis, I try to copy some of the trades or checking their graph analysis, or chart analysis. And I says that, since that moment, I started like, learning something new and new and all when when you're doing trading, one of the key things that a lot of people they don't understand is, it's, it's, when you're doing trading, you have to focus more on yourself more than the market, what they can do the markets, because if you control yourself, you will be fine. If you know the risks that is involved. If you know how much to size and stuff like that, you have to do how much risk you're gonna put, like, if you're gonna risk $1,000, if it's that too much for you, or is something like accepted. So you have first of all, you have to accept you lose. And when you accept your loser, you start making good, good, good moves, because you're protecting all the time yourself from the markets and stuff like that. And when you're doing that kind of things, do you really start taking that you learn something new, and every single day, you have to wake up and say, hey, I want to learn something new today. So you start checking the graphs, you start testing something new, as soon as you test more yourself, as soon as you can even start to see the results coming up here. Cool. So

it sound sounded like, you know, the kind of typical background of what family would say like, Whatever you do something that your family don't do, you've got about all of them, right? Because they're like, get a job, do this do that. We don't know. But, you know, they came like, well, when they came to Spain, I guess was a different time Nukem in two years, you decided you're going to get into this business, you've lost every time, you know, in two years, you lost us, you know, over 700 days of losing. Now, if you think for me, just hearing your story is most people that try to do trading, they can probably speak English. So they've got a quick path, because I understand language, you had to learn the language, because you had no one else. So like, you had so many opportunities to not stop. You've had obviously family, which a lot of people get, but you've had the language barrier. So what made you think, you know, what, like, I need to do this, why not something else?

Yeah, I had to do it because at that time, my work, it was not something that I wanted to do also, I, I I decided to drop out from school. So I was not following. I was studying at that time marketing. So I stopped at marketing. I started like working so at that time, I was like, I have to do it. Yes or yes. Or I'm lost. Because that time I was like, I'm running to that direction. But there's so many directions that I'm done forgetting so like I have to go school I have to do the marketing. I have to finish my degree I have to you know, so my family was like more focused on get a degree get a job too and that it's something Like easier quicker? And they said no, I don't want that kind of stuff. Like I'm not the kind of people that they want to wake up and do the same thing every single day. Right now I'm doing it but it's different because I'm having like, I'm having my six hours if I want to trade I'm gonna trade if I don't want to trade I'm not gonna trade. So I have that kind of flexibility on

your on your terms. Basic. Yeah,

if you want. Yeah, it's okay. If I want to take vacations, I can take vacations. When you decide when whenever you want to do something, it's, it's a business that is really good likely, or a path of life to that is really good. And if you learn how to do it, you can probably be fine. Like, as soon as you making let's say 3000 pounds per month, you can be really 100% fine or even less depends because on UK, I don't know how things are. But here in Spain, if you're making $1,200 a month, you're 100% Fine. Like you can, we can do wherever you want.

I think that's an important point you make them because like with a lot of stuff, you do this not the traditional path to go. People start to associate scamming and then ridiculous lifestyles amount of money you need. And you you just nailed it on the head you like you know $1,200 $2,000? Well, that's enough to give people freedom. And you're totally right, because it's the same thing what I say because, you know, everyone wants to make, you know, 10k a month 15k, that kind of big figures. And there's nothing wrong with that. It's great. However, if we break it down, what is the number? What is your freedom number that's going to allow you to be free? And if we break it down, probably was the 80% of the population fit in that category? So it's all well and good. You want to go here, but if you can go here, you know that you can go there?

Yeah, that's true.

Good point, man. I'm like, I like the mindset. Because, you know, it was difficult. So what? So your family obviously they came to Spain? What did they do? Like, what was their journey like?

Well, when they came up, Spain, first of all, my dad was the first one who came to Spain expecting to find the business opportunities here really fast. But it was really a struggle, we cannot find any, any, any work because he doesn't know how to speak Spanish at that time. So first of all, he has to change all his degrees because my bank, it was a banker. So we was studying banking at the time on Morocco. And after that, they came up here in Spain, and he was trying to find the same work in Spain. And also he wanted to open a business here in Spain. So he didn't find it. We were struggling like we was in Morocco and he was in Spain. So then my mom decided to say hey, let's go with dad and we will try to figure out what we can do for since then. And yeah, it was for me it was a little bit hard because on school like you know the kind of stuff of bullying you get you get a lot of bullying because you came from another country that kind of stuff was he in spend that time in the racism was really really high? He was it was it was getting a lot of bullying when I was young and yeah slowly slowly slowly we started that like growing up and fixing a lot of things getting a house getting everything and yeah for them for them right now it's it's really cool what I'm doing and they are okay with it after after a lot of years ago so like they accepted that the first two years they was like no we can not do that you know or struggle with was when we came up here you have to search for something like work and a degree and you go from there and if you like that if you like like to do training after that yes do it but at least half a degree. And yeah, I decided to I decided to go the opposite way a fork it up because it was I know myself and that's important. So if you know yourself you you know what you're capable of, you know that you don't care about having like no nights lonely lonely nights or, or having crying and stuff like that. Like it was a really hard struggle like for the first two years I think it was really really hard time. And after that yeah, I started like checking what I'm doing wrong. I I started to check my my losers. I started to check my trading style. It was really aggressive. There is a lot of times that I forgot to stop lose. I don't think Like, stop was at the time and the right time. So plus does really have them after they start learning slowly, slowly, what are my mistakes, knowing more about me than what the markets and what I'm capable of doing? I have to control first of all myself. And then I'm going to check what the markets can can give. But first of all, you have to check your your interview.

Earlier, man, so it's it's been a journey, man, like, obviously, you've come over, your dad's gone to other countries, you your mom, was there your siblings or just you

know, me and my sister?

Okay, cool. So, obviously, you have to see your dad go there, then you finally moved. And obviously, you had the racist abuse. And we know we see in the football the euros that there's a lot of racism that comes from Spain, especially in the football matches. So, you know, I'm sure everyone listening here can can imagine, you know, the kind of stuff you went through. And obviously, you were bullied because of that. And I guess for your parents, they wanted you to just fit in. So fitting in was doing your degree getting a job. But you went the other way. And you know what? They should be proud because they done this a bit when your dad wanted to leave. Everyone was like, Where are you going? What are you going to do? He done his own way? So does he expect you not to do your own way he taught you that? So it's a great journey. So if one of your bullies if I could say a bully, come over here, and the bully Stan, is the bully sitting next to me? What would you tell him?

Well, I don't know. I'm not gonna tell him anything. Like, I think it was. When you are young age you you do our stuff, like the fit with the with the people, you know, when everybody is saying something, and you want to be cool and stuff like that? You join them? Yeah, yeah. Now, the kind of people that there was bullying me, they were friends seven right now. And they are even my friends. And we are cool. And they say, Hey, I'm sorry for telling you this, I was really a bad guy. And they, they was telling me a lot of kind of stuff like that. Why? Because there was young, they didn't, they didn't think about the kind of stuff they don't they don't know, they how much you can hurt someone telling and doing that kind of stuff. And yeah, when we grow, we we check that kind of stuff. And we say hey, I did something wrong here. And you do and you give some respect to that people, that kind of people.

And because, you know, I've seen some people stand up to their bullies or hear something and it's like, you know, they want to stick it to them, but you're respecting them. It's another level man. So everyone listening, watching to this, wherever you are, like, you can just, you know, get what this guy has. The mindset is strong man, and you go appreciate that you gotta respect that. And if anyone listening is maybe have gone through some sort of bullying or not. It's great to see that. Maybe in time, they can become your friend. And it's how you, it's how you react to stuff, you can either respond. Okay, or you can run, right? So it's great that, you know, they've turned it around, and you've been able to respect them and build a relationship because you've probably heard of the saying that if you you're kind of level of doing well is when you get hate. So there's obviously bullying, but then it's like, you need new haters because they are becoming your friends. So now these bullies have become your friend.

Yeah, that's so

nice. It's great. So we've trading obviously you went through two years. So what in the two years What was your biggest loss

in the last the last two years of now

in your first two years? I mean, because last year like shit, I can't do my

work. I don't know. I remember I put like five it was 600 euros on account Yeah, and in that week disappeared like it was not trading really with big loot size but I saw that the price went all the way up was over there. I can I'm trying to remember the I think it was the price went skyrocketing. And I said it's a good moment like it has to drop everything goes up one day has to drop so I was doing some follow up to that trade. And I risk like almost everything trying to recover some of my losers and that's that sort of thing that something that you have never to do if you if you trailing like never tried to come back like a senior risk. Yeah, never gotten never do gambling. Like you have to think about Yeah, you lost something but this time you have to do better than the last time. And that's something you have to study yourself. That's something really key.

You said like, obviously, the key thing is to manage yourself. Don't let the trades manage you manage yourself, and then the trading kind of managers are. So obviously, you've, after your two year apparently became profitable, you've got a bit more, a lot more experience. But if we look at probably the last three years, especially with the evolution, the popularity of crypto, how could you manage your state when the crypto is like a roller coaster? And it's people are making money overnight? It's easy to get roped into that. So how did you kind of go through what was your experience with crypto? And obviously the the madness that happened was that market?

Yeah, that's true, it's a different market, I have to say it's, it's really different market. And it's that's one of the key things when there is a new market, there is no kind of stuff like every single market, you have to understand that is different. And the stock market is going different. The graphs are all the same the market, it consists or it's based by a different kind of stuff. Like for example, on stock trading, you have to check more the numbers of the company that you want, that you want to buy, the when you have to buy if the company quarters was great or not. If the like you have to check more, more like the company with when you're doing trading, when you're doing like forex trading, you have to check like the country like the country that you you're gonna investing in, like the risk that is evolved, whereas the direction of the market, there is more a lot of manipulation on forex trading. And when you go to the Forex, you go to the crypto sorry, when you go to the crypto market market, you have more to check the other stuff and that kind of stuff is like you have to go to forums you have to check what is the next crypto is gonna go skyrocket what is the project behind, you have to check like if he has, what kind of blockchain technology is doing if that blockchain diplomacy is working right now, everything a daily basis, you have to check them all that kind of stuff. So every single market is different. But I think the cryptocurrency gained a lot of fame. Just because there is a lot of people that they made a lot of money in just a short period that is really impossible to do. When we go for example, to Forex, or we go to stock trading, and sell all way different markets. So the amount of money that has been happening in the last two years or three years, for example. They sit coins like door doji or, or Shibo stuff like that doesn't make any sense. They are just like thin air Kryptos or then fitties. Right now, that is a lot of people, they're gonna say, hey, but then then for this are something great. But depends, it depends. Because there's a lot of in in this, that they're just a worldwide thing. And there is nothing on it. And it's getting sold for three years 3,200k or 600k, like the monkey, the monkeys and FTC AB and stuff like that. So yeah, for some people they think they has, they have the opportunity of getting rich quicker. So that's why there is a lot of people that they join in this market. And the market is always the same, like the cycles, they repeat every single year. And every single dime, everything that goes up for one day is gonna drop, another day is gonna rise and stuff like that. And there is a lot of food, the food is like the news. And there is a lot of FOMO like the people that they don't want to miss the next opportunity that they go for in and it's not the right time, you have to check off stuff, you have to check the graphs, if it's a good time, the charts are telling you it's a good time your analysis telling you it's a good time. Yeah. So you have to do a lot of follow up and put your money just in the right moment. That should be and also you have to calculate the risk that is involved

in I think you know what you're saying is true of today's society, because there are people going that way to get rich quick, right? Because it just shows that like sometimes, and maybe this point of time, people just don't want to do the work. They want to get here immediately, rather than going through the journey. And what I've learned and maybe you can resonate with that is you need to love the process. Because if you don't love the process, then Whatever happens, you know, then achieve it. But you might get rich quick, then what? You know, you're not gonna have to do it again. Can you repeat that? Can you rinse and repeat?

Yeah, and it's the same thing as a lottery, there's, there's nothing that was an article that it was telling 60 or 70% of the people that wins the lottery, they lost at least five years, or they even broke like they are even, even how we can call that, like, they are worse than even if they get a lot

worse than they were before. So and that's the thing, because if you can't manage money, like when you don't have any, how are you going to manage when you do have? And, and that's the thing, it's like, we go back to mindset, right? The money is the mindset, because you your belief about money is from other people. But my belief is what my family's belief is, I grew up with their money belief. And I've had to change that over time. Because traditionally, it's like, you know, buy everything, buy everything in cash, pay off your house, you don't want a mortgage. Now, when I think about money, I think of leverage, I think of different ways of how I can make my money work for me, rather than me keep working for the money. And that has to be a mindset shift. And like you said, with people that have won big in the lottery and lost it always, because if you go back and look at their belief, maybe they didn't grow up with these type of beliefs. So you know, there's no meaning to it.

Yeah. Yeah, that's true. Because there is all people that they think if they get rich quick, they can they can, like, have fun this by this and while the numbers and all that crap in it, but what is the end? Like you have you just put like a hack on on your life? And what is the happiness of building something from zero and seeing a growing app every single year? And more people is happy? Like you're getting customers? It's all different way. Because when you doing something with people, you enjoying it really, really better. And yeah, there is a lot of people that they don't understand that they just want the money and have fun. And yeah, but what what is the point of, of, of having like five or 50 millions, and you don't ever know, what is a million like you ever made it? So doesn't make any sense.

Cool. So trading now you're seven years into it, you've got your strategy, you know exactly what you do. You've got a plan now before you didn't have a plan. So what is your probably top three currency pairs? And why?

What are my top three, I have to say, I changed them that just because the markets as I said they are cycles, so every single cycle is, is good. But inside the cycle of the last three, three years, I've been doing really good trades on the euro, New Zealand. The USD CAD, and they did a really good trades also on on Ge Ge, which is sterling versus the Australian dollar. Those are the best, the best pairs that I'm currently trading. And also because of the wound rate that I'm getting from them and the profits that I made from like other bears, like the Euro dollar, or the basic, the basic ones or the principal ones, but the economies are really different and these days is not working as I wanted to work and

putting. So next question, I just actually thought about that. If you could, so now we got your three your three pairs. If you could identify a pair with a celebrity. How would you say if you were saying Gu for example, what the celebrity would you would say okay, if this if this currency pair was a celebrity who would it be?

Oh, so are they? Oh well, I Desana style is one of the my best. My best actors Will Smith the third one I don't know it's called in English right now. Last night, Morgan Freeman. Morgan Freeman. Yeah. So those are the top three for me and Morgan Freeman. It could be perfectly the the Euro New Zealand I have to say disaster done for me it's the do Gu which is up versus the Australian dollar. And what has made it something like more calm and yeah, it's it's Don't comedian and it's really fun to train the fun to trade it's it's the use the cat because it's it's all way different because the is the cat is more based on on the oil and the petrol and depending on the prices of the petrol they use the cat is better or worst. So yeah it's really fun if you understand when is the key moment to do it you can really enjoy it like the process of bowling ball on risking and no, not having a lot of worries because you know what you're doing? Awesome Gaza

you say you've heard next time you think of all you see Jason Statham in a movie, think of Gu cable x dollar, it's all action, you need to hit it, you need to get it. That's a great analogy, man, I hope everyone listening, watching other can can really get something out of that. So now you've got, you've got that that's your trading business. So you've also got another business. So tell us about that.

Yeah, I do have two different business we have the like, we're selling courses, like the Forex courses and trading courses on general. We also do like trading signals, which is basically the trades that I'm taking and my my other people is taking, so we share them in into a group and all the people can also take the risk of enjoying the trades that we trading. And if Yeah, if we are making profits, they're obviously they're making profit, if we lose, we lose all. So we do also a lot of videos on YouTube. So we give a lot of value that I was in need when I started. So I'm giving that value to other people to just understand how the markets is always telling them don't do that. Because you can, you're gonna fail on this, try more this and learn from your mistakes. So I'm more aware of what is happening, why. Because I'm putting all my courses on everything that I'm doing, I'm putting my own experience. So everything that they everything that I made and did wrong and good. I'm explaining the wise and I'm just making the path for everybody a little bit faster. So you're gonna learn the same thing if you go on YouTube are you gonna learn a lot of stuff on a course when you have some everything ready. And every single day you're gonna learn something different on those videos, you start to stand understand what what's going on, and you're not changing to in different versions or YouTube videos or, or, or YouTubers or whatever. So I think that is something very important. And we do also marketing we inside our main course with that also marketing for, for brokerage, so if a broker needs clients, we do marketing for for the broker, and we provide them with clients. So then we give them we give something to the client, we give the client to the broker, and the broker pays out the client fees basically. So So that's is one of the things that we because we know that there is a lot of people they want to have the courses for free, they don't have the money, like for example to invest and also to have a course they have a lot of times they don't want to learn. So we decided to Yes, so yes, you have to learn yes of yes or yes, I'm gonna give you a purse. So what about if you join the broker, the broker is gonna pay the fee of the course and you get everything for free. And the second you have both of them like you have the course and also you have my trading videos and you have everything and you have your, your, your capital to invest with. So all in one

one stop shop so it's your years of trading all the mistakes you've made, you've packaged it into a course that people can come and just follow and rather than making all the mistakes you made losing the amount of money that you lost there we'll do it and don't don't get me wrong, people that will get into trading you need to accept that you will make losses it's part of the game but it's hard to continue. If if you have a winning streak there are so many traders no losses, you know what flippin amazing now, but what is the percentage of that?

Yeah, I have to say the best perfect percentage that you should be in. It's, it would even with a 55% win rate you'll you'll be fine. As soon as you have good risk management like you know when you have to risk more when you have to increase your positions when you have to get out of a trade because you know that is not respecting your strategy. And that kind of stuff is always going to make you appreciate And I've traded directly in Australia. So if you start checking that kind of stuff is when you become from a novice trader to, to a very profitable trader or a professional trader, because most of the professional traders, they think, as a shark, they always see when is the good time, like the liquidity of volume is gonna get in, and they feel their liquidity they get in. Also, they know when they have to go out, because if something drops a lot, they know that that is also triggering screaming, so they have to close some of the positions or protect their positions. So a lot of people, they don't protect their positions, they leave them away, they don't put, sometimes they stop, lose, they end up like blowing the entire goal. And they think that the work is is was killing them. And that's not real, like the drug is not touching anything on your neck or they sending the trades that you have inside the market, and the market is gonna pay you or leave you with nothing. Depending on how is your strategy, how is your risk management and how you take things on. So that is something very important also that to say.

Yeah, brilliant, insightful, man. So I'm just trying to go back to the beginning of the conversation where you said you need to run it as a business. Now, maybe most people that think of a business, they think of a physical business, you go to a shop, you see them like they've got staff, they've got products. And you manage people, you'll manage development, you'll manage your costs, you'll manage your marketing, sales, all of that. So how like, if we're, if we're to tell our listeners out there viewers, maybe the most important things of managing a trading business for yourself, how would you describe it, and what would be the best takeaway you could tell someone?

Well, if you never had the business, it's really hard. Like, if you never started something by your own, it's really hard. But if you can understand like how a business is getting made, like the tax expenses and profits, on trading, it's the same thing. So basically, there is money that you have more expenses than profits, that is months that there is high sales or Black Friday or wherever, and you sell more you making more, there is no Black Friday on the forex market, but there is months that they are like Black Friday, like months, like where everything is cool. And those months are like after summer or the end of the summer are really good and great to trade. In my opinion depends also the kind of trading style that you have. If you're a swing trader, it's like you're a long term trading trader, if you're an intraday trader like me, you're looking for profits, everything in a daily basis, you're looking for opportunities today and to close today or the next day as maximum. And if you're a scalper, which is the kind of trader that is looking for faster fast trades, or faster opportunities, and you open and close everything in the same hour, or the same in the same day. So those are the different kinds of trading styles that you have to look forward. And when you understand what kind of the trading style you have, you can start thinking as a business, what kind of business it looks like, this kind of style that I have, like, unlike a pizza place where they work, like in a daily basis. So many business they made, how many profits they made today. So they they put everything on a week, and they work as a business on a weekly basis. And yeah, obviously they have summer times where there's a lot of people all their dining outside home and stuff like that. So they make more profits. And there is obviously months that they are really hard for them. So you have to put your expenses, you have to cut maybe the amount of people that is working with you, and do more work by yourself so you can put more expenses. So it's the same thing on trading. If you're having bad moments or bad days, and you're losing a lot of a lot of people, a lot of your trades, you have to carry on and try to change different Well, if you have experience you have to change your trading style to maybe scalping and try to make some faster, faster opportunities because the market is not going to give you the percentages for that day. And if you want to like to open a trade and live it for long term, you can also do that. And it always depends on on if you set goals and stuff like that if you have a goal to sell for example, I need this month 1200 Just to be on breakeven, but if I'm making $2,000 or 2000 euros, I will Be in a profit of 800 euros, for example. So first of all, you have to know where you expenses. Like, for example, if you have a home or you have a car and you have to drive and you have to like to have that kind of expenses. So you have to first of all, make the profits just to pay yourself. And after that you will be making the profits versus the extras and in trading is the same thing.

Oh, that sounds that sounds really good. So what is the next step for you, then obviously, if you are trading, you've got the education side of the business. So what is next?

What is the next? I never think doff with, yeah, I have a lot of objectives on long term basis. Right now I'm trying to catch up on on on was called that Venus, Venus phrases in Spanish, like flipping homes, basically, scanning the property, real estate. Yeah, real estate property. And investing already in some properties. It's something that is a small beginning, just getting, getting a small beginning. And it's a different all different things on trading, you think about some kind of stuff or marketing, you think about some kind of stuff. But when you're doing real estate, it's all different world. And right now, I'm really excited on saying that. And I'm always looking for things that can make me feel happy, you know. So if you just trading every single day, I don't feel myself, like really happy to do it for the next 30 years, for example, because it's so time consuming. It's a lot of stress, if you don't understand, if you don't, if you don't learn how to carry on with stress, it's gonna end up like blowing your mind. It's really hard. They're really, really, really hard. So on trading, I'm looking forward, like for the next years to just do swing trading, which is a long term trading and investing into companies and doing more stock trading and stuff like that. But right now, I'm just always looking for something that can make me excited to learn to do something really new. Like, I think when you're young, you have to you have to be more open to learn a lot of stuff. As soon as you learn more things. As soon as you are capable. After two years, you will see everything that you learned is trying to work. Trust me, that's something that I tested by my own. And I'm still testing my own. Like when I started something. It's I'm open, like I'm really open, I'm something if someone came up and say, hey, you know about this? No, I don't know, anything I want to learn. I want to know what is the journey, I'm going to people that they do real estate, they see how they construct and they do the construction, I asked them questions. How much is this? Why this when you take this. So I want to learn everything. And when you're young, you have to try everything. And if you don't know what you want the life, try everything. There's one moment that you're going to see if that is made for you or not. And it has to make you happy. That's that's really important. That's brilliant.

Brilliant. And it kind of brings me on to like the the statement, I'm sure everyone wanted to know what, what would you say is your number one secret to success. And to being an entrepreneur, Herein

lies the secret. I think it's the last thing that I said like you have to be very open on learning new stuff. And as soon as you learn, try to try to test that you're not just learning and read the book and say, Okay, I'm going to close it. No, no, try to try to learn the book and try to test it. Try to open something. If you're doing programming, try to program some basic, basic thing on WordPress. If you're doing marketing, try to create your own Instagram page and try to sell something maybe there is no customers but try to sell something. And the secret if you for me one of the most important things on on business on marketing or agency, let's say and it's, it's you have always to look what are the competitors doing, learn from the competitors, but also one of the key things that I learned and it's 100% work and you have to give the customers what they want and to be always up for them wherever they want. Do it because as soon as you give them what they want, they will be happier with you and they will stay and they will look forward the from you, and they will look also for new people and customers for you at the same time. As soon as you are, you have sympathy and you have the best product, if you don't have the sympathy and you have the best birth, okay, we'll never sell it. So try to be more open and, and do that because it it really works. Like as soon as you are you have sympathy and good reviews with people and stuff like that. It's gonna motivate you, that's first. And secondly is gonna motivate more people that they see that to join.

brilliant man. Brilliant. That's some really good key takeaway. So So just to remind everyone, it's, it's not about us, it's about them, right? It's about your customers, making them happy making them get the results because they've come since like anything you do good in something, you come back because you want more of it. You know, you you ate a chocolate you like the first bite we're going to do you're going to finish it and you're going to want more tell all your friends in this space, especially with what you do you are trading and now you've got a course on them. For a lot of people their light bulb, was it their their their light bulb is there and they think she is a scammer. Yeah, but it's not. And you can hear from her. And, you know, yesterday, like he's Germany's not a privileged person, he hasn't been given, you know, a trading account to trade with him, he's had to lose his own hard earned cash man. And you know, he's gone through this journey. He's remained consistent, you have a strong mindset. And you've got to be happy with what you do, man, because there's nothing worse than waking up and hating the day. Because if you seize them, if you wake up like myself, the last couple of days, have woken up like a little one to have a milk. I wake up early in the summer, I might just go for another hour sleep or two because it's quite early. But as soon as I put it down, I'm excited to work. I can't wait. I'm so excited to do what I need to do. And, you know, you don't have that feeling every day. I'm not gonna lie to you guys and say, You know what, you're an entrepreneur, you're your own business everyday, you're gonna wake up excited. No, it's not the case. Some days, you're gonna wake up and think, shit. What am I doing? I need to get a job. You know, it's, it's consistency, man, you remain consistent. And I think, you know, a key takeaway for me is like, your mindset and your consistency, and implementation. Now you said, you need to learn and test. So like I said, learn and implement. Okay? Don't just go and just get a book, right? Read it. It's okay, I know this stuff. Now. You got to do what it says. So when people do your course, do what he's flipping courses, just because if you buy his course, just by going through, it doesn't mean you're a trader. It doesn't mean you're going to be financially free. You need to do what it says. And if it doesn't work, go back, read again and implement because that's the game because you know, you said it like even in your 20s and whatever you need to keep learning good. We spent half our life learning for us to be in a system. So you need a window of time to unlearn the stuff you've learned so you can get in your head the stuff you need to learn to progress and mentoring and learning from people that have done it is the fastest way No, that's true.

You have to learn from people and not say it's a scam that yeah, there's a lot of scams over there but you have to study if that guy is really a scam or not or was saying and the way that he's saying it and if the things that he say they work it's a scam. It's telling the truth like about everything. i Yeah, I'm always happy to see other people create something new than not jails or saying someone is a scam or because he driving a Lamborghini. He sells like cocaine or stuff like that. You ever say that? Like I'm happy I want to learn how he did it. Like if I see someone like with the with a great car or wherever I want to learn from him. I'm not jealous, or I don't want any scar. I want something better than his gut. Like how you did it. Like I want to learn from you. Oh, you did this. Oh, you did that. So be more open to that to that direction. As soon as you do that. You will be happier. And also, yeah, yeah, there's a lot of people there that they are zealous for everything they say scan for everything just to put like barriers around them that it's not it's not the way that you should be looking at life. Like the scan suite. We all drop it one day a scam but that doesn't mean everybody is a scam. No. Yeah.

I mean, a great point, man. So what I want to do is obviously there's gonna be your links and stuff wherever On watching this or listening to this, but how can we find you?

You can find me on Instagram, you can find me. Well, if you understand Spanish, you can find the answer on YouTube. I upload a lot of videos on YouTube. And yeah, my Instagram page, I'm gonna leave it just below, it's a little bit harder to browse. So they can they can maybe share some on on the podcast. And yeah, they can find me on Instagram. Yeah, and if you have any questions, or wherever you can write me down. I'm always open. So wherever we can, you have to say, I'm here. And I'm writing today, right

now, I think thanks for coming, man. And just Just to add, so if I'm thinking about getting into trading, you know, how long is your your easiest course? How many hours do I need?

Well, it's every single person. It's, it's different. Like, I know, people that in three months, they was really great on whatever they put their fingers on. They're great on it, there is people that they have talent, let's say. And there's a lot of people that they learn slowly, and they test things, they don't learn that fast as other people let if we put an average with the course, like in, in eight months, something like that, it's the average that they see people getting really good results. And also it depends. It depends. If you get only the curse, or you get the beginners curse, you get the full curse, it depends also on that. So different different stages, different. It depends also, if you have the time to spend on trading, and to read and check the news, and if you understand English or not, because there is some articles, that they're now getting translated. So you have to translate them and you have to understand them. If you watch Bloomberg, you have to understand what is going on Bloomberg, if she was like the Fed talking, you have to understand what the Fed is talking about. So there is no, not everything is translated. So that's that's one of the things that the pushes me to learn endless because they said, Hey, this is like, like everything. It's endless. Like, I want to understand what the poll is telling you on a live on a live video or, or gentlemen or Jillian or Boris or wherever, after understand what they're saying. So yeah,

just that just that news itself, is you know the difference between making profit and making loss. So it's worth investing that time to, to know the language. So like, if anyone doesn't know English that well and they want to get to trading, then you need to learn the language. It doesn't need to be fluent, but enough for you to understand what that means. And if you think it's hard, well, we're speaking to a guy that's done the same. So, you know, thank you again for coming on the show sharing your story. I think it's been really good, really insightful. I've learned a lot myself. And yeah, really appreciate you, man.

Thank you. Thank you for inviting me today. And sorry for the English. I'm just trying, it's a little bit higher here in Spain to find someone like the Speak English is fluent. It's really hard in Spain, but the I see other countries they do really great. Like they talk to each other as an English every single day and you find find find interesting. For me, it's not the same way. I'm trying with us. Now. Your

English is good, man. We've been near it really good. No problems. I think anyone will have any problems. And if you do, you can message him on your on the on his Instagram and say at this point in the podcast, what did you mean? And he'll reply to you?

Yeah, sounds like Thank you.

Oh, brother. Thank you. I will speak to you soon.

Thank you another time. Thank you. Bye for now.

Transcribed by https://otter.ai