CASE STUDY JOHN CAVENDISH ~ sinhala forex trading education
This is a case study of John Cavendish, a close friend of mine who has been engaging the Forex market for two months now. Being a totally amateur trader, John has no experience or knowledge of the market whatsoever. Following my recommendation, John purchased Kishores Instant FX Profits course and learned everything he could from Kishore. The following is a screenshot of Johns trading results in his first 12 days of trading, using solely the techniques and strategies being taught by Kishore.
As seen above, with a starting capital of $1,000 and trading in mini lots, John made a profit of $247.70 in 12 trading days. This may not seem to be a huge success for many, but lets take a deeper look. In 12 trading days, a profit of $247.70 is made. Thats approximately $412 in a month (assuming 20 trading days) and almost $5,000 in a year. This gives John a return rate of around 20% per annum. Thats a great return considering the level of expertise that John is currently at.
I truly believe that John can increase his return rate significantly in the very near future as long as he keeps his discipline and follows the trading techniques and money management principles religiously.
The purpose of this case study is to show a much more realistic scenario that aspiring traders can expect. There have been outstanding claims that Instant FX Profits can generate a lot of profits in a short period of time. While these claims are not false (as I am making such returns now), they are not realistic for beginner Forex traders who do not have the experience and starting capital.
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