Wisdom Mfon Edtech

Building & shipping in-demand tech skills & solutions•Intermediate Forex Trader•CSC Student(B .Tech in View),FUTIA•Balancing Charts,Codes & Academics.

[Wisdom Mfon Edtech @wisdomfonedtech]

@EwekaPeace Welcome back Peace.

[Wisdom Mfon Edtech @wisdomfonedtech]

@Oc_paschal_code @login_required Been seeing you daily on the TL... bro how do you do this consistency thing so well???

[Wisdom Mfon Edtech @wisdomfonedtech]

@christabellapng Nothing is always worth acknowledging than GROWTH.
KEEP GROWING MA'AM @christabellapng

[Dilip Kumar @kmr_dilip]

Bro to bro- do not try entrepreneurship if you don't have a high tolerance for uncertainty. For long periods of time, you genuinely won’t know if you’re early, wrong, unlucky, or just stupid. You need to be cheap before you can afford not to be. Because raising money and burning it is easy. Building something people are willing to pay for is hard. You need high self esteem and a low ego and you've to be comfortable being wrong, looking stupid and changing your mind. Most importantly, learn how to lose without becoming a loser. Because you’re going to lose a lot- money, people, deals & time. Just don’t lose your ability to think clearly. And btw, don’t go looking for motivation. It is useless after a while. What you really need is stamina. Both physical & mental.

[Chetuya Chinagolum @Chetuyachinago]

While I largely agree with the points raised, I still believe using the word "scam" to describe the model promoted by these influencers is completely justified.

They flaunt unearned luxury, designer fashion, and sports cars online to sell false hope to the general public. They convince complete beginners that generational wealth is within reach if they simply buy their trading courses, join their VIP Telegram channels, fund a trading account, and follow their signals.

It does not stop at mere promises. They go as far as fabricating MetaTrader screenshots, manipulating backend developer tools on trading dashboards to record fake profit videos, renting exotic cars and luxury apartments for content, and staging lifestyle skits. All of this is engineered to deceive their audience into believing that retail forex is an easy, mastered craft. Even the absurd claim of withdrawing $9 million is part of this calculated performance, designed to project absolute financial authority and make it seem as though they simply print dollars from 5-star hotel rooms.

The entire objective is to funnel unsuspecting followers directly into their affiliated broker platforms. Followers deposit their hard-earned savings into these brokerages, where the influencers and the brokers know the money will inevitably be lost. Victims often end up depleting their savings or borrowing funds because, despite their mounting losses, they continue to see the guru flaunting exotic vacations to Dubai and high-end lifestyle content. This keeps victims trapped in the delusion that blowing account after account is simply the "sacrifice" required to attain the lavish lifestyle being displayed.

This is why every forex guru is forced to constantly stage wealth and manufacture unsubstantiated withdrawal claims: they must serve as a living symbol of hope that the system works. When victims finally go broke and quit, the blame is shifted onto them for not "working hard enough" or lacking discipline, mirroring the exact psychological manipulation seen in classic pig-butchering and affinity investment scams.

In essence, the system they market is a scam. For it to be considered legitimate, they would have to:

1. Stop fabricating screenshots, edited platform balances, and fake withdrawal videos.

2. Explicitly disclose their Introducing Broker contracts and admit that they profit directly when their followers lose money.

3. Publish verified, third-party audited track records rather than unbacked mobile screen recordings.

4. Clearly warn their audience that over 90% of retail traders lose their entire deposit on high-leverage CFD platforms.

If they provided these full disclosures and people still willingly chose to deposit their money, it would simply be high-risk speculation. But as long as it relies on manufactured evidence, hidden revenue models, and deliberate deception, labeling it a scam is entirely accurate.

[Joshua (Trades and Writes) ♠️♣️ @joshfem40]

Forex trading is a scam. I know people whose life are destroyed because of it.

People who ran into debt, students who dropped out of school, and people who can no longer talk to their family members.

Those lines sound familiar, right? I should’ve put them in a quotation so you’d easily get my intention, but I decided not to.

Let me tell you the truth: forex trading is not a scam and forex trading was not the problem.

These are the problems with putting your whole life on trading.

You dropped out from school because you started learning trading. How is forex to be blamed?
You refused to take a job because of trading that isn’t giving you money yet. How is forex to be blamed?
You refused to learn a skill because you hope trading works out. How is forex to be blamed?

Wake up! It’s time you know the difference between “hope” and “reality.”

Jobs : income is realistic. You get rewarded for the work you put in/ the amount agreed.
Investment: profit is not guaranteed
Forex trading: profit is not guaranteed. Your work rate does not necessarily determine how much you make, the market does what pleases it sometimes.

Now imagine forex trading that isn’t yet working out, you’re just living on hope. Wake up!

Ask yourself:
If you don’t make money from trading over the next 6 months or 1yr, how do you plan to survive? If you don’t have an answer to that, GO AND GET A JOB or GO AND LEARN A SKILL.

I’m glad to see mentors like @Jeffforex_ talk about this. If your mentor tells you otherwise, you should block him/her!

[Chetuya Chinagolum @Chetuyachinago]

During my second year in college, a close friend introduced me to the Forex market.

I was instantly fascinated by the seductive idea of sitting in the comfort of my small hostel room, pressing a few buttons on my smartphone, and effortlessly making clean, hard currency. Even though the concept sounded childish and too good to be true, there was no immediate reason for me to doubt it. A simple search on social media platforms revealed thousands of flashy accounts belonging to self-proclaimed trading gurus who swore that day-trading was the ultimate shortcut to financial freedom. Usually, these influencers recorded their promotional videos from rented luxury mansions, staged private jets, rented sports cars, and expensive studio setups specifically designed to flex wealth.

So, the problem for me then was not whether there was money flowing through the market; the real, scientific question was how to actually trade the market with a verified edge. My friend eagerly suggested that we pool our money together to buy an expensive online trading course from a particular guru, but that idea immediately rubbed me the wrong way.
If someone actually possessed a secret, money-printing algorithm that consistently beat the global markets, why on earth would they be desperately selling $200 courses to poor college students? The absurd narrative that a random guru abandoned his quiet life, his family, and his private investments just out of pure charity to teach me how to get rich was beyond silly.

YouTube tutorials were the next option on the table, but I quickly dismissed them as well. Historically, I have never learned anything concrete from YouTube videos. In fact, despite producing educational content myself, I can never truly comprehend how people learn complex subjects from watching videos. Whenever I sit down to watch a long instructional video, my brain completely checks out, and I end up falling fast asleep. I even tried watching a couple of highly recommended video series on technical analysis, but I ended up sleeping straight through the night with the video playing to an empty room.

I do not know if this is simply how my brain was structurally wired, since we never really had a television in the house growing up, and up until I was fifteen years old, I was never exposed to digital screens or social media at any serious level. Books have always been my primary companions. Furthermore, I find educational videos to be inherently shallow and completely lacking in intellectual depth. I learned complex LaTeX typesetting not from watching quick YouTube tutorials, but by quietly sitting down and reading the comprehensive official documentation line by line.

To this end, I downloaded heavy textbooks on technical analysis, and even spent my limited cash to physically print out all three massive volumes of Al Brooks' legendary price action trading books. I thoroughly read the first two volumes and meticulously skimmed through the third. Every single serious author in those classic texts explicitly emphasized that an investor must possess a deep, rigorous understanding of financial risk before ever placing a live trade. So, my next logical step was diving headfirst into quantitative finance, risk-management models, macroeconomics, portfolio theory, and statistical probability.

But after spending hundreds of hours deeply studying the mechanics of the market, a cold, unassailable truth finally dawned on me: as an isolated retail trader, I could not consistently make money trading.

Yes, this conclusion sounds completely counterintuitive to the average person, but that is precisely what the raw mathematics proved. After months of intense, grueling study, accumulating deep knowledge on candlestick patterns, price action, risk hedging, slippage, order-block dynamics, leverage ratios, and liquidity sweeps, I arrived at the firm mathematical conclusion that a retail trader cannot reliably beat the market.

First of all, according to the Random Walk Hypothesis, you cannot extract consistent, long-term profits from a mathematically random, highly chaotic market. In any random distribution, there will naturally be streaks where you get a series of winning trades, followed inevitably by devastating streaks of losing trades. Once you factor in broker commissions, wide spreads, overnight swap rates, execution delays, and unexpected slippage, your expected statistical value becomes negative, meaning you are guaranteed to bleed money over time. The only way to systematically extract wealth from such a market is the way institutional giants like Goldman Sachs, Renaissance Technologies, and Citadel do: by hiring armies of PhD holders in mathematics, physics, and computer science, modeling market microstructures with complex differential equations, building high-frequency trading algorithms that execute orders on a nanosecond basis, colocating their fiber-optic servers directly next to the exchange servers, and using their massive order flows to front-run retail traders. And on top of all that technical dominance, they do not merely sit back and watch charts; they spend hundreds of millions of dollars lobbying high-profile politicians, securing insider policy secrets, and getting regulatory favors.

That is not to say an individual trader can never find an edge. The market may be largely random, but there are still statistical anomalies and structural patterns to exploit, provided you trade on higher timeframes like the 4-hour or 1-day charts. Unfortunately, most naive beginners immediately jump onto the 1-minute or 5-minute graphs, which almost always ends in tears and blown accounts. The candlestick patterns and technical indicator signals on those micro-timeframes are essentially pure market noise compared to the dominant daily trend.

A beginner sits there thinking the market is overbought on a 5-minute chart, completely unaware that the asset is merely taking a breath on the 1-day chart before launching into a massive upward spike. This exact optical illusion is why beginners end up panic-selling right when a major boom is starting, and buying frantically right when the market reaches its absolute peak. The only players who possess the computational infrastructure, low-latency execution, and capital depth to trade those micro-timeframes are institutional high-frequency firms.

As an individual trader, you must operate on macro-timeframes and exercise immense patience. But back then, I was a broke university student. I knew my own material poverty and subconscious greed would never grant me that level of cold patience. I simply could not afford to lock up $200 of capital in a broker's account for months when I desperately needed that money to buy food, pay rent, and purchase mobile data. If I tried to force the issue by going full beast mode with high leverage on lower timeframes, I would be ruthlessly liquidated. So, I made the logical, disciplined decision to quit entirely, focus my energy on real-world skills, build capital first, and hope to return to the markets in the future as an institutional-level investor.

Naturally, my friend did not follow this path. He went ahead and bought the expensive online trading courses, which predictably turned out to be a complete scam. One day, he came into my room, saw a stack of about ten heavy trading books I had printed out, and tried to passionately convince me to start trading with him. I calmly looked at him and explained that after hundreds of hours of rigorous study, the mathematics proved that a retail trader in our position could not win, so I had quit.

He took two of my thickest Al Brooks books, but I knew with absolute certainty that he was never going to read a single chapter. Those dense textbooks were completely different from the flashy video courses online: the authors focused on cold, objective probability and statistical market analysis, which held zero appeal for my friend. He wanted quick dopamine and instant cash, not a dialectical analysis of market auction theory. After graduation, he even packed his bags and moved to Lagos to attend a specialized Forex academy. He completely ignored my warnings, and today, even after three full years in Lagos, he has not made a single kobo of sustainable profit from the market. I am not the least bit surprised, because my initial research had been thorough and mathematically rigorous.

My lifelong obsession with deep theory, mathematical rigor, and systems analysis has definitely denied me plenty of cheap fun in life. But that exact same analytical mindset has repeatedly shielded me from making catastrophic, ruinous, and financially devastating life choices, including the addictive trap of sports betting, which is a story for another day.

Thank you for reading!

[Chetuya Chinagolum @Chetuyachinago]

This is why "forex gurus" sell you a course instead of encouraging you to study institutional finance and understand how interbank liquidity actually works.

If the students of Habby Forex and Jeffrey Benson truly understood capital dynamics, they would never believe the ridiculous claim that Jeffrey withdrew $9 million from an offshore retail broker like Assex Markets or Kwakol. The only way such a massive withdrawal could legitimately happen is if these brokers possessed active clearing contracts and institutional settlement lines with Tier-1 liquidity providers like JPMorgan Chase, which they simply do not have.

The primary purpose of selling courses is to control the narrative and keep students in the dark. The irony is that, strictly speaking, these influencers are not even real forex traders, and their audience fails to realize this due to a complete misunderstanding of market microstructure and broker execution models.

A retail broker like the ones Habby Forex promotes is no different from a Bet9ja shop. When you walk into Bet9ja and place a bet that Real Madrid will beat Barcelona, you are simply entering into a private wager with the betting house.
Real Madrid, Barcelona, and La Liga have no idea your bet exists, and neither the players nor the league earn anything whether you win or lose. Your win is an outright loss for the betting house, and your loss is their direct profit. The betting house remains profitable because they know that over 90% of gamblers will eventually lose all their money, and even the rare few who win substantial sums usually gamble it all back.

This is precisely how the brokers used by Habby Forex and Jeffrey Benson operate. When you open their trading app, you see live charts of forex price movements, much like watching live scores on a sports betting app. But when you place an order, that trade is logged solely on the broker's private server. The broker makes zero attempt to route or execute your order in the real interbank market. Routing orders to real global liquidity providers requires massive upfront capital, bridge fees, and transaction costs. Because statistics show that roughly 90% of retail traders wipe out their account balance within 90 days, the broker has no financial incentive to incur costs by sending your order to the real market. They simply wait for you to blow your account so they can pocket 100% of your deposit.

This is also why these brokers offer absurd leverage like 1:2000, as it ensures you lose your money as quickly as possible. In the real financial world, leverage consists of strictly collateralized credit lines. In the United States, retail leverage is legally capped at 1:50; in the UK and EU, it is capped at 1:30; and in many emerging markets, it is even lower to prevent systemic risk due to lack of liquidity.

Ultimately, these brokers partner with forex influencers like Habby and Jeffrey Benson to funnel inexperienced traders onto their platforms. They pay these influencers massive commissions for every referral, and under certain affiliate deals, they even pay them a percentage of their followers' trading losses, because client losses are where the broker makes the most money.

[Technical Ben @TechnicalBben]

Wix spent $243.6 MILLION on advertising in 2025 alone.

That’s up from:

2023: $142.8M
2024: $175.6M
2025: $243.6M

And their total sales & marketing expense hit $514.3M.

Think about what that means.

A company is spending hundreds of millions of dollars convincing businesses that they don't need to know how to code to build and manage a website.

Meanwhile, developers are still arguing about whether people should use React, Next.js, Node.js or something else.

The market is moving.

Businesses don't care about your framework.

They care about getting a website live, generating leads, selling products, ranking on Google and being able to make changes without calling a developer every time.

The interesting part isn't that coding is dying.

It's that more of the complexity is being abstracted away from the customer.

And AI is about to accelerate that even further.

[Wisdom Mfon Edtech @wisdomfonedtech]

@honour_can_code SIWES??
If you'd like to share, what level are you currently at?

[Code_With_Ocpaschal @Oc_paschal_code]

Omo, I’ve been thinking, this country is really messed up.

You can take your academics seriously from Nursery 1 to university, spend 20+ years studying, get a degree, and still end up struggling to survive.

And after all that, the “reward” is getting a job where someone who went through the same system can still fire you at any time.

This is why you need to think beyond school and a salary.Learn skills. Build something. Understand money. Make plans.

Because if you spend 20 years following the system without figuring out how to get ahead, you might end up crying.

School is important, but you can't afford to let it be your entire plan.

[Peace Mathew | Developer @zyron_tech10]

Everyday I wake up with the Fear of AI not outrunning me overnight,

To be very sincere, it is kind of disheartening, I almost do not even know what the future holds at this point again,

I wake up everyday trying to learn new skills, be better at what I do and all, and then overnight, Anthropic or OpenAI just releases a model that can do what I spent the past 5 years of my life learning and the models can even do it better than I, and then they makes it available to basically everyone with a device and Internet.

I am kind of fed up and this point

[Wisdom Mfon Edtech @wisdomfonedtech]

@ErnestJames996 @Hcnfx_Academy Unah de think o😂

[Wisdom Mfon Edtech @wisdomfonedtech]

@pxxl_space And to @honour_can_code , having a father who believed in you to fund that dream and you believing in yourself to risk your little gig pays on building @pxxl_space really tells alot..
Keep doing massive things ski!

[Wisdom Mfon Edtech @wisdomfonedtech]

@pxxl_space A story never told would make a lot think it was easy on the outside... happy anniversary @pxxl_space .

[Wisdom Mfon Edtech @wisdomfonedtech]

@honour_can_code @_devTomiwa @EmmyCodes775 @whakee_ When your circle genuinely wants to see you grow,the evidence shows louder than words.

[Wisdom Mfon Edtech @wisdomfonedtech]

@TechnicalBben E no really pass like this....

In addition as a techie, possibly build a product that serves a solution to people or improves already existing ones.

[Wisdom Mfon Edtech @wisdomfonedtech]

@honour_can_code @whakee_ @richsongocrazy @timelessdsgns @notshayjeremy @the_boludada Congratulations man like @honour_can_code , many more successful strides to celebrate.

[Wisdom Mfon Edtech @wisdomfonedtech]

@EwekaPeace Us wey get exams to prepare for nko😂😭?

[Wisdom Mfon Edtech @wisdomfonedtech]

@EwekaPeace Praying to God is highly recommended fr..