An honest conversation about forex trading has been shared through a recent video by Mwelekeo TV, giving viewers a clear and realistic look at how the business works.
The discussion focuses on real experiences in finance and personal development, with the aim of helping people understand what forex trading truly involves.
In the interview, Tonny nyakoko speaks with Dr. Isaac Kweyu, a full-time forex trader who also runs AAI Dynamics Limited and serves as chairman of Cassi Group International. Dr. Kweyu uses his personal journey to explain the realities of trading without hype or false promises.
Dr. Kweyu explains that his interest in forex began while he was still in high school. He was curious about money and global markets, but his early experience led to losses due to wrong information and poor guidance.
He says many people join forex believing it is a fast way to get rich or thinking it involves illegal money. He clearly explains that forex is a legal business that involves trading currencies, commodities like oil, metals such as gold, and stocks from different parts of the world.
All these trades are done online, which makes access easy but also risky for beginners who lack knowledge.
A major part of the discussion focuses on false images created by some social media influencers. Dr. Kweyu says many of them show luxury cars and expensive houses to attract followers, yet their main goal is to promote brokers who pay them.
This gives people the wrong idea that trading is easy. He stresses that real success comes from learning, patience, and proper risk management. Losses are normal in trading, even for experienced traders, but the goal is to control them and learn from mistakes.
He also talks about the mental side of trading. Discipline, according to Dr. Kweyu, is very important.
Traders should follow their plans and avoid emotional decisions driven by greed or fear. He advises starting with a reasonable amount of money, such as 50,000 shillings, and aiming for small daily gains instead of taking big risks.
He compares forex to other businesses that grow slowly with time and effort, not gambling.
Dr. Kweyu also explains the difference between forex trading and investing in cryptocurrency.
He says crypto is often about holding assets for a long time, while forex requires active buying and selling based on market movements. He shares that copying other traders without understanding their strategies once cost him money. Today, he focuses on consistency and regular profit withdrawals.
Research by Mwelekeo Insights shows that many retail traders struggle due to lack of education and unrealistic expectations. This makes such honest discussions important. Through this conversation, Mwelekeo TV helps people understand that forex trading is a serious skill that requires study, discipline, and the right mindset, not quick wealth promises.
