By Finding The Right Information, Fester Made 100K In One Trade
Fester Piece first thought that Metatrader 4 is a game. How he moved from not knowing the application to using it and earning a whooping 6-Figure, is not a fairy tale but a real story. I was privileged to interview him and get to know more about him and the trading industry.
Fester started dabbling in Forex in March 2016. He had just encountered a friend playing a ‘game’. It was only after knowing that the ‘game’ was a real source of money, and the friend was earning up to +$100 daily. Fester Piece, who was still struggling on how to make money, was interested in knowing more. He had officially joined the journey.
Fester took some time to familiarise with the app and the ins and outs of the Forex trading. He admits that it was not as easy as you might think. It took valuable time, and that made him know that indeed it is a real business.
He grew gradually, and he admits that he recently made $100k. “I uploaded a video on YouTube of how it was done a week ago so go check it out! My YouTube channel is FestX Family.”
Most traders have rarely even dreamt leave alone made $100k in one day. For Fester, he acknowledges that to get tha, he also had to risk a more significant amount that no one is willing to risk. “I had a risk to reward ratio of 1:8 which meant I was will to lose $3000 to make $24k but when the trade happened it was more than I expected, so it ended up been a $3000 risk to make $100k which is not a bad trade at all, and any trader can tell you that.” He says.
I always tell my students that it takes one or two trades to change your life completely.” Fester, who has started coaching on the Forex trading says. “$100 sounds a lot of money, but I want you to understand that some traders are making that daily.”
Fester does not sugarcoat anything. He is always honest with his students and everyone he talks to. He says that without sacrificing hours and having a mentor, it can be so hard for you to join Forex. “You can spend hours upon hours studying, but when it comes to applying the knowledge on a live chart and going into a trade that changes everything.”
If you want to be a trader, you need to study well. This is according to Fenster, who says know-how is the most crucial thing in trading. Additionally, not everything is found online. He advises that getting someone you know help you out and educate you on some skills is also essential for your success.
There is a need to get someone you know because as Fenster puts it, “There’s alot of fakes on Instagram flexing demo accounts luring the unexpected newbie trader.”
Fenster has embarked on helping many people launch successfully on the trading space. He is, therefore, offering a course. Check it out at www.festx.co.za and shop around and
take your time before investing in a mentor.