by simboni

The Psychology of Money by Morgan Housel. The best advice I wish I had before starting to make Money

February 3, 2025 in Finance, Knowledge Base [Finance Videos]

YOU WILL NEVER MAKE MONEY IN FOREX!! IT IS YOUR SUBSCRIPTION AND FEES THAT MAKE THEM RICH!! A TRAP!!

by simboni

10 Powerful Money Lessons Every African Youth Must Learn from The Richest Man in Babylon!”

February 3, 2025 in Finance, Knowledge Base [Finance Videos]

“10 Powerful Money Lessons Every African Youth Must Learn from The Richest Man in Babylon!”

by simboni

WIN EVERY GIG!! 10 Compelling Reasons Why You Must Have A Portfolio As a Youth.

February 3, 2025 in Knowledge Base [Finance Videos]

WIN EVERY GIG!! 10 Compelling Reasons Why You Must Have A Portfolio As a Youth.

by simboni

How to use the new broker to trade fundamentals

January 14, 2025 in Forex, Fundamentals

The new broker has a leverage of 1:1000. One micro lot [0.01] Consumes a margin of about 1.03 on currencies. this means that we may not attain the 1:1 ration [1 lot on 100 usd] we need to reduce it a notch and use 0.85 lot on 100 usd. consider other case scenarios below

50 usd translates to a lot size of 0.43
30 usd translates to about 0.27

the advantage with the new broker is that we dont need to wait for ten minutes. we can join our trades between 20 seconds to 15 seconds [going lower, we may be affected with the volatility and kicked out before the spike]

if you are not sure about the lot size calculations and balancing, kindly consult at least an hour before news.

kindly note that this is provisional coaching, as i will create a full video tutorial to explain the concepts deeper.

by simboni

How to use Just Markets in Trading Fundamentals

January 14, 2025 in Forex, Fundamentals

Just Markets is one of the oldest brokers that we have been utilizing in fundamentals trading. The broker has shown consistency but decided along the way to reduce leverage during high-impact news. I worked with the team and found a way to trade with the given conditions. If you dont have a Just Markets account, open one HERE. The following are the points to note when trading with Just Markets

  1. You must have two trading profiles. They have to be in different names, and each should have its independent way of depositing; either Binance or Mpesa.
  2. Load each account with some difference. For example, 15usd on account A and 20 usd on account B. [It would seem two different people are picking two directions.]
  3. Enter the trades 12 minutes to time. For example, if the news is at 4:30pm, open your positions at 4:18pm.
  4. Use one is to one ration when you are taking positons. for example, if your account is 100 usd, your lot size will be 1 standard lot. however, you need to give room for spreads and high volatility before news. in this case, you can use 0.85 lot size on a 100 usd account.
  5. ensure you also vary the lot size; for example, if you load 100 usd on account A, you use 0.85 lot size. then you need to load 107 on account b, and use a lot size of 1. this brings the consistency from point number 4
  6. other case scenarios:

account A 30usd, Lot size 0.27

account B 34usd, lot size 0.29

exit anytime you see your profits. All the best. in case you are not sure about lot size and account balance, you can inbox one hr before news.

by simboni

Guidelines to fundamental trading 2025

January 13, 2025 in Forex, Fundamentals

The new broker has the following qualities:

  1. Leverage 1:1000
  2. Straight Through Processing orders
  3. Stop level 20%
  4. No reduction of leverage during high-impact news
  5. Automatic withdrawals
  6. Allows all types of trading, including scalping
  7. Easy to deposit and withdraw [local payment options]
  8. Quick support system.
  9. Negative balance protection

The management recommends continuous trading on both technical and fundamentals to avoid suspicion. Active accounts are rarely flagged. After news and winnings, try to retain some amount, even 10usd to trade technicals.

Instructions on how to use the broker

  1. Sign up with the broker here [use 2 profiles with different details.]
  2. Verify your account [takes an hour or less]
  3. Ensure you have a Binance account
  4. Since we are on 1000 leverage, we need to twist our strategy a little.
  5. After you have registered your trading profiles and opened trading accounts, you can now contact me with the word [REGISTERED], and I will give further details. The details will include;
  6. Lot size
  7. Entry time
  8. Exit time
  9. Margin calculations

DISCLAIMER!

  1.  I WILL ONLY HELP PEOPLE WHO FOLLOW THE ABOVE INSTRUCTIONS TO THE LATTER.
  2. THE BROKER IS NEW AND ONLY TESTED ON A FEW EVENTS. I MAY NOT BE RESPONSIBLE FOR ANY LOSS OR DAMAGE THAT MAY COME AFTER TRADING.

If you wish to use just markets, I will also guide you on the same. Open Just Markets accounts here.

by simboni

A Letter to the SMP Community

January 13, 2025 in Career and Business, Education and Learning


As we start the year, I want to say this…

Last year started off well. We pursued promising ventures and ideas. Over 700 people registered for forex courses, and more than 20 graduated from web development courses. A dozen more joined SMP Credits, where they saved their money, earned interest, and invested in other ventures. Many were successful: they bought land in prime locations, others purchased foreign-used cars, and some were blessed to start families. Others paid off their debts, moved to better living conditions, and achieved numerous other milestones.

We must always strive to make progress every year, no matter how small.


What Can I Do This Year?

The year has started with promising ventures. As always, you need to stay connected to the SMP Community to avoid regrets halfway through the year. If you want real progress, take note of the following:

  1. Try to Have Your Personal Website
    I will guide those interested and coach them on how to create their personal websites. The coaching will be free of charge; however, if any third-party payments are required, the trainee will need to cater for them. If you have a business, your website should reflect it. If you are passionate about different areas in life, your website can also address these. This year, we shall take a step further and dig deeper into how we can utilize personal, commercial, and portfolio websites to enhance our brands and portfolios.
  2. Graphics Design
    I will also teach you some basic elements of graphic design to help you build your brand. You will no longer need to hire professionals to create graphics unless absolutely necessary. We shall explore how to create posters, flyers, CVs, business plans, executive summaries, mind maps, and more. We will learn how to use Canva to build brands and portfolios effectively.
  3. Forex Trading
    We shall explore the world of forex, focusing on both fundamental and technical trading. With the support of other partners, we will gain a deeper understanding of forex and approach it from a different perspective. Our main goal is to remain consistently profitable on a monthly basis, which will be achieved through disciplined consistency.
  4. Business Development
    If you have business ideas that need nurturing, we can brainstorm different ways to expand your client base. Your goal this year should be to push your brand to its maximum potential, and we will support one another every step of the way.
  5. Finance and Investments
    Within a closed community, we will collaborate on generating income, multiplying it, and investing in profitable ventures. I am also available for consultations regarding business ideas, investment options, or saving plans.
  6. Do a Lot of Free Work
    If what you are doing isn’t gaining traction, start offering your services for free. Doing something for free creates automated marketing, especially if your services are good. When clients return for the second time, you can charge a small fee. This is how you will grow your brand. Companies spend millions to make their brands known worldwide—why not start now?

Can we build a community of 1,000 traders, 200 entrepreneurs, and 100 businesses? The journey has already begun.

by simboni

The long wait has finally ended. Did we just find the best broker?

January 13, 2025 in Forex, Fundamentals

Our long search for brokers is still ongoing. But I stumbled upon this one specific broker that may offer what we just need.  If you have been following my teachings, then you will understand these are the major qualities that we need from a broker for our strategy to work.

  1. High leverage, at least 2000 and above
  2. Stop level below 20%
  3. No reduction of leverage during high impact news
  4. Automatic withdrawals
  5. Allows all types of trading including scalping
  6. Easy to deposit and withdraw [local payment options]
  7. Quick support system.
  8. Negative balance protection

Despite the above conditions, I had trained the team to work with any broker; even those who stand to shrink the leverage before the high impact news. Just markets, for example, shrinks the leverage 10 minutes to news. I had done back-testing for this strategy, and it has paid off. Myself and the team have been earning since November last year using the new approach. If you want to learn how to trade fundamentals using Just markets, kindly inbox for specifics. Also, ensure you have an account with just markets before approaching my inbox. OPEN ACCOUNT HERE

What is with the new broker?

The new broker that I stumbled upon has favorable conditions, probably most if not all that are listed above. The broker is still under testing, and this may take about a month before I unleash it to the community. If you, however, wish to do the testing with me, kindly inbox for the specifics and requirements. Also, note the new broker has a new approach and strategy that will be shared.

Since the broker is new, kindly understand that I will not be responsible for any mishaps, losses, or any damages incurred during trading

by simboni

The enemy is time. You are running out of time.

January 13, 2025 in Education and Learning, Personal Development

As you read this article, you might be late on your rent payment, late on your car payments, and owing several lenders money with no means to repay them. You are probably worried that your friends have started families and stabilized, while you are still hanging in there. You may have finished university a year or two ago and are still unsure which direction to take. You feel like you are running out of time.

Today, I present to you a powerful enemy: time. Time does not wait for you to be ready, nor does it stop when you are in trouble. Time keeps moving. As time passes, we grow; we love, hate, marry, or dedicate ourselves to a cause. As time moves forward, we make friends, create enemies, face competition, start families, and life becomes increasingly complicated. People you once knew so well start to change; friends you expected so much from begin to disappear, and your family may even cease to respect you. With the passage of time, this same cycle is passed down through generations. The cycle continues. Time alone conquers all.

As time passes, tables turn, bridges burn, and we live and learn, all the while hoping for second chances. We make choices that ultimately shape the phases of our lives. Despite warnings, advice, and moments of reflection, we often make good or bad decisions—some bad choices turn good, and some good choices turn bad. But don’t worry; in the nick of time, everything fades away. You might as well sit down and wait instead of fighting because, eventually, time will conquer and leave its scars. But scars, my friend, are something we can live with.

At this point, it may feel as though everyone is stuck in second gear, hoping for things to return to how they once were. However, that is not how life works. Time and tide wait for no one. In other words, you need to understand that life has phases. Don’t cling to your last phase. The only way to move forward is to evolve—understand your transitions, your current phase, and the next phase. In doing so, you can outsmart time. By anticipating what is to come and lowering your expectations, you gain an advantage over time.

To my audience, take a closer look at time. Monitor it closely, and don’t let it defeat you. As you grow with time and as your phases change, always stay ahead of the challenges that come with it. The best way to achieve this is by making the right choices every minute, as these decisions will determine whether you are smart enough to stay ahead of time. The better choices you make now, the less time you will need to move forward in the next moment. Conversely, the bad choices you make now often lead to setbacks. Climbing out of these setbacks, my friend, will require time—time that, I assure you, is a scarce resource.

by simboni

What you need to have to start your web agency

November 5, 2024 in Technology and Innovation, Web Development