Incredible Egyptian goal is disallowed because of a foul far away, then same situation a few minutes later and goal for Argentina not disallowed! No VAR, nothing? FIFA again looks like a corrupt joke, playing favorites for stars.
I'll also say this as someone who grew up on the nice side of the barbed wire fences and high gates in the very nice part of town where the Nigerian 0.1% live - learn to touch grass and worry about yourself because rich people really do not care about you. Like, at all.
The Nigerian rich don't even like each other. They barely tolerate one another and make practical alliances to preserve wealth and influence. And now that the economy is too small to support all the children of the Nigerian 0.1%, nearly everyone I grew up with in the nice, leafy part of town now lives in Toronto or London or wherever. You, Mr N250k/month Union Bank contract staff are not part of rich people's thinking at all.
At. All.
The rich have no plans for you. They have no plans to create opportunities for you. They have no plans to fix the things they broke on their way to building that N1bn townhouse in Parkview Estate. They have no plans to contribute towards making society better. If Satan came from Hell with a tail and horns growing out of his head and he ran for political office, the rich would all go make deals with him - because in the world of the rich, the only thing that matters is their own interests, and making sure that they never, EVER have to live like you or next to you.
So all this simping and vicarious fawning over wealth and fame that you people do everyday is the most redundant thing in the world - the rich have no intention of expanding their circle to let you in, and they have no intention of enabling the conditions for you to create your own independent circle of wealth. The only thing the rich need from you is to be poor and obedient, so that your labour can be cheap, plentiful and replaceable.
Statistically as a Nigerian, you will NEVER be rich or close to it. You will NEVER live in Maitama. 99.99% of Nigerians who have existed since 1960 have prayed and fantasised about becoming rich, and 99.99% of those prayers and fantasies never came true. That's just math. You will never be a rich and famous celebrity. You will never be a successful content creator. You will never make millions shilling crypto, trading Forex, sports betting, or whatever the fuck is the latest quick wealth fantasy in town. It's just not going to happen.
That being the case, a much more constructive use of your time would be to fight for the material elevation of what you actually have, where you actually have it. Instead of daydreaming about the N300m house in Lekki that 3 generations of your family cannot buy, get involved in a local effort to give your own immediate neighbourhood a facelift, or a political campaign to pressure the state to build high quality social housing.
If you hate being harassed without consequence online, instead of vicariously enjoying how a celebrity has used their wealth and influence to jail someone for making a horrid tweet, fight for a judiciary and legal system that is transparent and accessible to all, so that a singer living in the UK on a global talent visa doesn't get to have more access to your Nigerian justice system than you who lives in Nigeria 24/7.
Instead of building your mental architecture around the false idea of being a "temporarily embarrassed millionaire" who will someday take your rightful place on Banana Island, touch grass tonight and accept that it will never happen, and what you need to do instead is fight for where you are to become a better, more liveable place that you no longer wish to escape from. Stop cosplaying as rich folk. Stop cooing and fawning over rich folk. Stop daydreaming about someday "blowing up" and buying a house next to Burna Boy. Rich people have no intention of sharing their world with you. Free yourself from the tyranny of living vicariously through people who don't care that you exist.
Them no really send any part of your papa at all.
My Name is Krenoid and I was an unprofitable trader for over 5 years!
THE NEWBIE ERA!
I found forex in 2019 during the IQ option and Olymp trade era!
I’d demo trade $50k capital to $60k + clicking buys and sell. This deceived me into depositing real funds like $20, $100 etc but not once did I make a withdrawal.
In 2020, I found baby pips, https://t.co/1DUs2fmnK3, Bloomberg, a forex trading class and YouTube. I’d study for hours daily, deposit and get zero withdrawals
THE LEARNING PHASE
In 2021, I paid for my very first physical forex class and learnt synthetic indices and all.. nothing clicked in my brain while they taught me. I just couldn’t understand it. I went ahead to pay for 2 more classes and yet nothing changed. deposits but zeros withdrawal.
In 2022, I got frustrated with all the tutors and class and abandoned them! It was just me, deriv and South African traders on Instagram. Those were the days of price action, head and shoulder pattern etc. patterns are things I could easily spot and remember and so my $50 would $80, my $80 would $20, my $20 would do $1. Deposits but zero withdrawal.
THE CONFUSED PHASE!
I abandoned forex mid 2022 and ran to web3! People were booming in the web3 space and teaching people. I paid for classes. The end result, Deposits there too but zero withdrawals.
THE ICEBERG PHASE
Then everything changed in SEPTEMBER 2023 when I found a YouTube channel randomly. The channel’s name is SMART RISK. A new channel, less than 10k subscribers spitting gems! I applied the knowledge and boom $20 went to $50 then $100 and back to $0.
At this point in knew I had a better skill level compared to my year 1 but zero psychology. I went ahead to pay for 3 guru online classes yet nothing. This cycle continued throughout 2024.
THE PROFITABLE PHASE!
January 2025 I packed my bags and went to Lagos to study Fx. For 2 weeks I was housed, fed for free and taught Fx, psychology, discipline and PATIENCE!!!
I was profitable for 1 month and unprofitable for 5 months! My psychology and edge was killing me!
In September 2025, I found another YouTube channel and my edge clicked!
It looked like jazz in my eyes! I knew deep down in my soul I had gotten my breakthrough in trading.
I back tested for 1 week straight, did demo trading for 3 months, I took over 20 free trial prop accounts.
The results:
🍾 a capital of $5000 on demo account flew to $45,000 in 3 months
🍾 on 20 free trial simulated prop accounts, I passed 12
The confidence prompted me to get prop accounts. I failed the first 2 but secured the 3rd account with a payout.
In those 5 years;
I backtested what I was taught and demo traded yet lost live capital.
I took class seriously a lot of people knew me but outgrew me.
I was a knowledgeable broke man.
I was friends with a lot of the idolos you now have in the FXNG space growing together with no result to show for it.
I did networking, paid for a lot of classes and studied yet nothing worked.
There was NO newbie mistake I did not make.
I had a trading mentor once. Not some guru with a course. A legit maniac who blew $400,000 of his own money before he figured it out
Now he makes $80,000 a month and hasn't lost a funded account in 19 months
I asked him what changed. He looked at me like I was stupid and said:
"I stopped trying to be right and started trying to be rich. Those are two completely different goals and most traders never figure out the difference"
He explained:
"When I was losing $400,000, I had the best strategy in the room. My analysis was beautiful. My charts looked like a professor drew them. I could explain why price should go to a certain level better than anyone. And I was dead broke. Because I was trading to prove I was smart, not to make money"
"What does that mean practically?"
"It means I would enter a trade, price would go against me, and instead of taking the loss I'd add to the position because my analysis said I was RIGHT. The market was wrong. It would come back. I'd move my stop. Add more. Move it again. Add more. By the time I finally accepted I was wrong, a $500 loss had become a $15,000 loss. Because being right was more important to me than being profitable"
"So what changed?"
"I made one rule. The only rule that matters. When price hits my stop loss, I'm out. No exceptions. No analysis. No 'but the market should...' Nothing. Stop hit. Position closed. Move on to the next setup. That one rule saved my career"
"That's it? Just honoring stop losses?"
"That's it. But you don't understand how hard it is. Your ego is screaming at you. Your analysis looks perfect. Every fiber of your being says 'just hold a little longer, it'll come back.' And sometimes it does come back. Which makes it even more dangerous. Because the one time it doesn't come back is the time you lose your entire account"
"He pulled up his journal and showed me two periods:
Period 1 (the $400k loss era): Average win: $2,000. Average loss: $8,000. Win rate: 55%. He was RIGHT more often than wrong and still hemorrhaging money because his losses were 4x his wins. He was right about direction 55% of the time but too stubborn to take small losses when he was wrong
Period 2 (the $80k/month era): Average win: $3,500. Average loss: $800. Win rate: 42%. He was WRONG more often than right and making $80,000/month because his wins were 4x his losses. Same strategy. Same chart. Same person. The only thing that changed was that he started taking his stop losses instead of fighting them"
"The math is so simple it's insulting. If your average win is bigger than your average loss, you make money. You don't need to be right. You need to let your winners run and cut your losers fast. That's the entire profession in one sentence"
"Why did it take you $400,000 to learn that?"
"Because every trading course teaches you how to ENTER trades. Nobody teaches you how to LOSE trades. Losing is a skill. Accepting that you're wrong quickly and moving on with a small loss preserved is the most profitable skill in trading. It's also the one nobody practices because it doesn't feel good and you can't make a sexy YouTube video about it"
"Any other advice?"
"Yes. Lose on purpose."
"What?"
"When you start on a demo account, I want you to deliberately take losing trades. Enter a trade and immediately hit your stop loss. Watch the $500 disappear. Feel it. Then look at your account and notice that you're still alive. The account is still there. You can still trade tomorrow. Do this 50 times. After 50 intentional losses, you'll never be scared of a loss again. And a trader who isn't scared of losing is the most dangerous person in the market"
You are broke because you never lost
That mentor taught me more in one conversation than 2 years of YouTube ever did
The skill isn't finding entries. It's surviving losses. Master that and the entries take care of themselves
I teach this loss-management system inside my Discord. Live trading where you watch losses get taken cleanly and accounts grow anyway. Because that's what real trading looks like
7 days free access in bio. Come learn how to make your first $10,000/month trading
@TradersConf This is actually more common than people think. your brain has processed so many charts over the years that pattern recognition became subconscious. you can't explain it because it's not conscious logic anymore, it's intuition built from thousands of hours.
I have been trading for years, making huge profits and huge losses, but for the past two years I have been consistently profitable, making $6-12k a month. But I can't explain how I do it, I tried to teach my friend and I can't explain how to enter, there are just too many variables, it's like I have a built-in pattern recognition system and I instinctively know when to enter.
Well, @Morris_Monye, this is going to be a long read, but I hope you stay till the end.
Forex trading, basically or in layman’s terms, is derived from foreign exchange, which means trading foreign currencies and assets to make profits from price appreciation or depreciation. In simple terms, you analyse the market and place your bids on currencies or assets, expecting them to either rise or fall due to news, policies, retail activity and sometimes institutional manipulation.
For example, let’s say NGNUSD, which is Naira to USD, is 1450. I can bid on the price expecting it to appreciate to 1455, and I buy 100,000 units of NGN. If NGNUSD moves to 1455, I make 500,000 on that trade. This is just a basic explanation of how it works. There’s much more to it, but that’s essentially what goes on.
Now, not everyone has the financial capacity to purchase 100,000 units. This is where leverage and brokers come in. Brokers provide access to liquidity, allowing you to control larger positions in the market with smaller capital.
There’s a lot more to it, but this is just the foundation, like I’m explaining it to an 8-year-old.
Now, regarding whether forex trading is truly what some people claim they’re doing, I can’t testify for anyone. But I can tell you this, there is a lot of money in forex. A lot.
Statistically, about 7.5 trillion dollars is traded daily in the global forex market. This includes banks, hedge funds, institutions, whales and retail traders.
Making just 0.000001% of that daily volume would already place you among the top 5% of wealthy individuals globally.
However, here’s the reality. This field favours only about 1% of participants. Out of 100 traders, maybe one becomes consistently profitable. That’s because trading tests your financial discipline, psychological stability, intellectual capacity, mental strength and even your personality. It wasn’t designed to favour anyone.
There’s also a perception many people want to maintain, “I’m a trader,” regardless of their actual profitability. Some make money from side ventures but attach the success to trading. That doesn’t change the fact that trading itself is a highly profitable skill once you find your edge and have sufficient capital.
A trader with 1 million dollars aiming for 10% returns is operating very differently from someone with 1,000 dollars aiming for 100%. Skill and capital together are what truly make you stand out in a field where 99% struggle.
That said, trading has changed many lives, including mine and my students’, and it has stood the test of time.
Unfortunately, some new age wannabe traders paint unrealistic perceptions. This is a highly professional skill, one that people even earn degrees in. Many of the luxuries you see online are exaggerated. But the money is real and substantial for those who truly master the craft.
You also need to understand something most people ignore.
Forex is not gambling, but most people approach it like gambling. That’s why they lose and then conclude it’s a scam. The market doesn’t reward excitement. It rewards precision, patience and capital preservation.
A lot of beginners focus on how much they can make. Professionals focus on how much they can afford to lose without emotional damage. That difference alone separates amateurs from serious traders.
Risk management is the real business. Not entries. Not indicators. Not screenshots. If you don’t know how to control risk, position size and drawdown, the market will humble you very quickly.
Another thing people don’t talk about is time. This is not a get rich quick skill. It’s a get rich with skill and discipline profession. You can’t rush market maturity. It takes screen time, losses, journaling, psychological adjustments and understanding how liquidity moves.
Warren Buffett's Net Worth by Age 💰
Age 19 - $10K
Age 21 - $20K
Age 26 - $140K
Age 30 - $1 Million
Age 35 - $7 Million
Age 37 - $10 Million
Age 39 - $25 Million
Age 47 - $67 Million
Age 53 - $1 Billion
Age 56 - $1.4 Billion
Age 66 - $17 Billion
Age 72 - $36 Billion
Age 83 - $58 Billion
Age 88 - $84 Billion
Age 92 - $101 Billion
Age 93 - $120 Billion
Age 95 - $150 Billion +
Note: Figures Rounded