Higher education degrees have always been seen primarily as a means to an end since the beginning of time. And when you are a child, you are told that you cannot succeed in life if you do not study one of the “three” professions: law, medicine or accounting. But after the Apple co-founder dropped out of school after one semester, things started to change. It began to distort the perfect image that had been held for years. It’s 2022, and three of the most influential tech billionaires on the planet, Bill Gates, Mark Zuckerberg and Michael Dell, are well-known dropouts. Moreover, it serves to officially launch Signify Pro Trading Group. A platform that educates and helps both experienced and novice forex traders to earn profits on a regular basis has been developed, not least by a medical school dropout.
Njoku Prince Hugo was born into a typical Nigerian family in Lagos. From an early age, his view of life and everything that revolved around it differed from that of the many billions of others who roamed the earth. As a result, he had struggled to socialize with his peers. Hugo has always enjoyed taking on challenges that most people would shy away from; the higher the difficulty level, like a moth on a flame, the more he is attracted to it. This is the only reason why he chose to study medicine in school. And as you might expect, Hugo excelled in this area. He was a first-class student with a narrow vision of graduating and becoming a successful doctor who saved lives. But, at some point, Hugo quickly grew weary of the basics of formal education. He had always been creative at heart; experimenting with new ideas and accumulating knowledge that was not human anatomy was what he aspired to now. He had hoped that medicine would fill that chasm because of his difficulty, but that was not the case.
Meanwhile, as Hugo’s soul-searching occurred, Nigerians’ interest in forex trading gradually peaked due to the penetration of mobile devices. The forex exchange happens to be one of the global financial markets. With the recently famous cryptocurrency, they have contributed to the growth of the Nigerian financial sector. This growth, however, should not go without mentioning how instrumental the interest of Nigerian youth has been in all of this. Forex trading mainly involves converting one national currency to another, and according to reports, forex trading has grown by around 300% since March 2020.
Most merchant accounts (60%) are from Africa, Southeast Asia and Eastern Europe. 2020 also happens to be the year Hugo put all his fingers in the proverbial forex pie. He had come into contact with it when he studied medicine, but he had never paid much attention to it. When asked how his journey into digital asset trading began, he replied, sporting an easy smile: “In school, I had a friend who was deep into forex, and he didn’t like it. kept rushing me to jump on the forex bandwagon – which i did for a single minute – but no man can truly serve two masters i had beginner’s luck so i gained a few dollars here and there. The guy who taught me had a strategy called spot and resistance, which worked for the first week. It was just taking the trades. Once it gets to support, entering the trade and go a long time. So I did it a few times, and it looked super promising. That’s when I started re-evaluating staying in school. I did it for three months before COVID hit, and just before the lockdown was in full swing, I flew to Akure. That’s while I was there q that I took the
executive’s decision to focus entirely on forex trading. I spent the next month studying everything I could about trading, but lacked practical examples.” Hugo burned through his funds, understanding the practical side of trading, having spent a month acquiring all the knowledge he could. But that didn’t stop him from trading. Hugo didn’t count his losses, but some were worth a learning curve. He added to his earlier statement by saying, “Loss is part of the trading process. Sometimes in life you have to fail to succeed; the same goes for trades. This loss then shapes you to become a better trader. It comes with a certain level of clarity. You’ve realized you can’t trade that way, then your journey to becoming a better, more experienced trader.”
Two years later, Hugo is a self-taught professional trader. He wants to use his brand new forex platform to mentor other traders and help them avoid the mistakes and pitfalls he made when he was just starting out. Budding traders enter the market unprepared because they mistakenly believe that forex trading is a quick way to make money. They don’t do the necessary research, and because their bad trades are profit-driven, they invest a lot of money and lose a lot more. When asked what makes him credible enough to teach others, he retorted, “When I first started trading, I threw myself into the deep end with no security or much knowledge. And I’m sure that’s what 90% of traders do. in the market, enter a trade, choose a level of leverage you like, choose a level of risk you like, and enter with any size in your portfolio. All you care about is profit; how much money do you earn? There are days when you lose 10% of your portfolio on a single trade. And then you have another trade where you hypothetically risk 15% of your portfolio, but it was profitable, and you made 40-45% profit. This compensates for the loss of the 10% initially lost. You are excited about making money until the losses start again. This is the modus operandi of a novice trader; it lacks regularity of profits. The time when you are consistently profitable is when you begin to document your trades. You must document your trades, it is a key element to know the trade. Most people get caught up in making money and they lose sight of the whole process of learning to trade. I have gone through this process to the point that I have been consistently profitable for the past eight months. Surely that must count for something.”
In a follow-up response to the question of what exactly are the main purposes of this platform, he replied, “Our main purpose at Signify Pro Trading Group is not to help you trade; instead, we issue cryptocurrency signals to help new, inexperienced and experienced traders
profit regularly. We give you trading signals, tell you when to trade, and explain how to make those trades.
Credibility is one of the many concerns investors have with every investment approved for a capital injection. How knowledgeable are the so-called experts, how reliable are their returns, and what is the profit/loss ratio of the investment? These are some of the thoughts potential investors are bouncing around. With a good number of forex and crypto mavericks coming out to quickly disappear, the odds are stacked against it. And these are some of the questions the CEO of Signify Pro Trading Group should answer. Asked about his credibility as a forex expert, he explained, “We understand that the odds are not in our favor because Nigerians are born skeptics, but we are not asking anyone to give us access to their wallet. They have autonomy. One of the things that is particularly close to our hearts is transparency.
We have adopted a system where professionals manage your account without direct control. Our signals are automated with risk management, so you stay protected with a maximum loss of 5% per trade. Of course, for those who cannot deal with it on a day-to-day basis due to a prior commitment, we can step in and manage your account, but that is entirely up to you. In terms of returns on our trades, they’ve been fantastic. When we started in November, we made 400% on $JASMY. And taking a leap forward, we saw 80% accuracy on all of our monthly transactions. Currently on our forex trades we have had 100% this month – no losses. I get that those numbers sound crazy, but that’s what it is.
Another thing we criticize at Signify is risk management. What is highest for most forex and forex traders is the fear of losing their tangible assets before the profit. The number one reason that is the case is that they don’t have the proper risk management training. The second reason is that they are not precise enough. Signify Pro has done its homework to fix these issues. To reduce and manage the risk, we solved it by introducing our auto trading bot, which enters a trade with a set amount of risk per trade, this way you can’t blow yourself up with a single loss. For the accuracy part, as I said before, it’s 80%. Our track record can be viewed on our website signifyprotrading.com. Whatever questions you might have, there is an answer there. We also have a Telegram group that supports most of these claims.” Ultimately, to answer the profit to loss ratio and what differentiates Signify Pro from its competitors, he proudly replied, For every transaction, we ensure the profit- The loss ratio is 2.0, which means you win twice as much as you lose.This, added to the fact that you have to peek behind the curtains without giving up control of your money, is very reassuring.
#Hugo #Njoku #profitability #Forex #trading #SIGNIFY #PRO
Trading2 months ago
Pharma Co. Exec’s wife signs insider trading SEC settlement – Law360
Forex1 month ago
ASJ Forex Global Secured Second Strategic Investment from JPMorgan – Digital Journal
Blockchain2 months ago
Top 20 Cryptocurrencies to invest In 2022 before you regret
Investment2 months ago
Time Series Data Reveals Insights to Inform Investment Decisions
Forex2 months ago
3 Israelis arrested for links to Forex fraud, face extradition to Italy
Blockchain2 months ago
Catheon Gaming partners with CyberStep to launch Onigiri on the blockchain