Where are all these young guys making money from? Are they scammers?
Had to move into an ArtCaffe, the other coffee shop was just too dusty. Waiting for the New York open. Let's take a break from order blocks for a second and talk about the general Forex scene in Kenya. Here is what I observed across Nairobi: Everywhere you look on TikTok, Instagram, or around Westlands and Kilimani, you see popular young Kenyan traders like Kenyan Prince and Amiin FX flashing luxury German cars, massive funded account certificates, and high-energy lifestyle vlogs. Naturally, a lot of my students at the Academy ask me: 'Where are all these young guys making money from? Are they scammers?' Here is my thinking on where the money actually comes from: The Kenyan retail forex scene is not automatically a 'scam', but there are three distinct income sources powering most high-profile lifestyle traders: 1. Prop Firm Payout Swings: Proprietary firms allow traders to leverage large external capital pools. When a strong market trend hits, an aggressive trader can string together several high-payout months in a row. 2. Broker IB Commissions & Affiliate Volume: Large social media followings generate steady affiliate rebates every time followers trade. 3. Mentorship & Community Access: Monetizing audience attention through digital courses, events, and signal groups. Some of these young creators are genuinely talented risk-takers who caught incredible trends; others are brilliant entertainers and marketers. That doesn't automatically make them scammers—it makes them modern internet entrepreneurs. But here is the nuance: copying lifestyle hype without understanding the underlying accounting and risk-per-trade math will destroy your personal balance sheet. Here is what would prove me wrong: If someone can show me an audited 3-year track record where a trader survives purely on emotional, highly leveraged gambling without strict 1% risk discipline or secondary business cash flows, I will humbly admit I was wrong. But until then, preserve your capital, ignore the noise, and respect the math. Hell yeah! Keep your feet on the ground and your risk audited. Take that to the bank!