So AminFX made like 200k on Obinna show. I saw him trade live. That was interesting. Anyone here knows how he did it, what pair he used?
So AminFX made like 200k on Obinna show. I saw him trade live. That was interesting. Anyone here knows how he did it, what pair he used?
Comments (5)
To make KSh 200,000 (roughly $1,500 USD) in a few minutes like he did, you have to trade a highly volatilevolatile: A statistical measure of the dispersion of returns for a given security or market index. High volatility means prices move rapidly in a short period. pair. He was likely trading XAUUSD (Gold) or maybe GBPJPY. Those pairs move fast enough to give you that kind of profit in 5 minutes. But to get that return, you need a massive lot sizelot size: The standardized quantity of a financial instrument being traded. In Forex, one standard lot is 100,000 units of the base currency.. If his account balance wasn't in the millions (KSh), then he was using maximum leverageleverage: The use of borrowed capital from a broker to increase the potential return of an investment. It magnifies both profits and losses.—meaning if the trade had spiked in the opposite direction while he was talking, he would have blown his entire account in seconds.
It’s a marketing stunt, Kimani. He went on one of the biggest shows in the country knowing exactly what he was doing. Let’s assume he risked blowing a $2,000 account to try and flip Gold live on air. Even if he lost the money, the exposure on Obinna's show is worth it. But because the trade won, he probably sold KSh 2 Million worth of his "Master Sniper" PDFs the next day and got thousands of sign-ups on his broker affiliate link. The 200k he made is pocket change compared to what he made selling the dream.
You guys just hate seeing young people succeed. Amin FX has been doing this for a while. He literally showed you the withdrawal live on camera, what more proof do you want? He knows where the market is going, that's why they call him a sniper. Instead of asking how he did it, maybe buy the course and learn his strategy. The youth are making money out here while you are analyzing lot sizeslot sizes: The standardized quantity of a financial instrument being traded. In Forex, one standard lot is 100,000 units of the base currency. on a forum! 😂
Found Amin's burner account. 😂 Kev, no real institutional trader trades like that on a talk show. Have you seen the recent news? Jane Mugoh (the private investigator) is literally after him for allegedly defrauding a client of over 800k. If he can effortlessly make 200k in 5 minutes on a Tuesday afternoon, why is he being accused of running with client money?
What Ochieng said about the pairs and leverageleverage: The use of borrowed capital from a broker to increase the potential return of an investment. It magnifies both profits and losses. is 100% correct. Yes, it is mathematically possible to make 200k in 5 minutes trading Gold. But the amount of capital and risk appetite required is insane. For a beginner watching Obinna, they will deposit KSh 5,000 tomorrow, try to use maximum leverage on Gold to make that same 200k, and their account will be wiped out before Obinna even finishes laughing. Forex is real, but that interview was a high-risk advertisement, not a realistic day in the life of a trader.
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