Andile Mofokeng (aka Goat Andy) is a South African model turned professional Forex Trader who featured on the Blue Guardian podcast not long ago after making a staggering $23k in withdrawals and keeping a 100% win rate at the same time.
But it didn’t start off like that. Andy cut his teeth flipping small accounts to a few thousand before blowing all the profits on expensive cars, cribs and clothes. But as he matured as a trader and discovered the value in Prop Firm trading, Andy has managed to amass $750k in funding, and in the show today explains how he achieved it all.
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[06:58] Slow growth is actually the fastest growth.
[09:47] Trading teaches you who you really are.
[11:48] Trading demands high psychological strength more than high skills.
[16:37] Don’t take unnecessary trades for the sake that you want to have trades running.
[40:20] Experience is the best teacher.
[53:50] At the end of the day, the main goal is to make money.
[54:45] Imaging when you go to a setup with the thought that you want this setup to make money for you and when you look at it, you look at it for what it is not what you think.
[55:55] Study sensitivity which means you must be able to spot sensitive areas.
[56:04] You must be able to understand price conflict.
[57:32] The easier way to understand price movement has to be patterns.
[58:58] Analyzing the market is easy, but placing an entry is hard.