Many people have asked me to share a bit more about myself so I’ll take this page to tell the story of how I came from a kid who blew multiple accounts into one that well, doesn’t blow anymore accounts 🙄
It started in my very early days at Nanyang Technological University when I got extremely fascinated with forex. The ability to make money so easily with the click of a button was so alluring. Plus we got these powerful tools like Stochastic and RSI – what could possibly go against us?! It was from this thinking that I started to dive deeply into technical analysis. I read up about every single indicator in the forex world, you name it, I would have read about it. There were bollinger bands, Ichimoku Kinko Hyo, Volume Spread Analysis, Heiken Aishi, Envelopes and the list goes on. I thought if I combined everything together and all the stars aligned, I would be undefeatable. I coded all these indicators and no matter how many variations I used, I could never seem to beat the market.
That is where my foray into expert advisors begun. I started seeing that others were also coding their smart robots and the most popular one then was FapTurbo. I bought many of these robots and all of them failed. All had one nice long pitch page telling me of untold riches but ultimately failed to deliver on its promise. It was so frustrating. Until I bought one EA that was basically buying gold on every retracement. It worked so well as I was in the rally of 2011. I had over 500k asset under management with people following me and I was receiving calls from all over the world congratulating me on my success and intelligence. I thought to myself – wow, I don’t know a single thing about forex and I can manage half a million. It is time for me to quit university and trade full time.
It was at this time when gold began to reverse strongly. I held on to my positions like any amateur trader would and before I knew it, I had blown up 500k along with all the capital I had. Oh the horror (and the death threats I received). I later read from numerous others that the EA was simply buying gold on retracements and the moment the trend turned against it, it was doomed to fail. That taught me a really hard lesson and put me off forex for about a year.
Like most investors these days, we all have an itch cycle and my itch to return to forex trading came about 1 year later. This time, I was going to do it right I told myself. I figured the best way to do analysis is to combine the lagging and leading indicators. It was also at this time when I started to learn more about fibonacci confluence levels (basically where multiple fibonacci retracments and projections coincide) and advanced fibonacci theories (like the advanced fibonacci waves we have here today). There was also one particular theory that got me fascinated – more than Gann’s funny astronomy and Hurst cyclic waves – it was the Elliott Wave theory. I then begun my journey into the world of in-depth technical analysis, even joining the largest technical research house while I was at it which were the early pioneers of Elliott Wave theory.
I soon realized something really amazing – I was able to forecast market reversals and market movements with terrifying accuracy.
This, however, came about in ways I did not expect. I was combining some research on Elliott Wave with my own research on advanced fibonacci levels and begun to find a truly accurate way of trading. It did require all the stars to line up really well though but at the times when it does happen, the results were truly amazing. It was so good that I began to be known as the ‘oracle’ by many of the traders from the largest banks and hedge funds whom I was advising on a daily basis.
I hence decided to dedicate my time to building the ultimate trading system that combined the art of Elliott Wave theory with advanced fibonacci confluence levels, momentum analysis and fractal support/resistance. With this system, we could trade on any time frames with tremendous accuracy and finally beat the forex market at its game.
One thing became apparent to me when I begun trading, and that was that it can be a terribly lonely place especially with you facing the daunting overwhelming market on a daily basis. It was because of this that I decided to build the forex army, where a team of like-minded traders can all come together and trade together profitably. With crystal clear commands and instructions that ensured we were always on the same page. The joy in seeing others learn and be profitable drove me. I also realized that the more I teach, the more I learn. Many members came along the way with their own strategy enhancements and I realized that this team I have here can grow into one of the most powerful trading teams in the world. Provided with the right world class tools, along with the best forex education there is around and the right education, we can build a team of laser focused traders who can take the world by storm.
I then dedicated my life to training soldiers here at The Forex Army. Not just any soldier, but soldiers who were willing to learn, willing to contribute and willing to work as a team. The sad nature of this industry is that most traders prefer to work for themselves. They find a winning method and keep it to themselves – forgetting all those who had contributed to their success along the way.