Luis began trading more than a decade ago for a couple of simple reasons: he likes money and enjoys taking controlled risks. Having studied chemical and then civil engineering, he thought it would be easy! The possibility of big financial returns drew him in, and he got started right away.
Of course, the reality is that profitable trading is not easy at all. And so the first time Luis traded he lost $10,000… in just 10 minutes. That was the motivation he needed. From then on, he studied hard until he found a reliable way to make money.
Today, Luis is a successful entrepreneur with thousands of trading students. If he could go back in time, the advice he’d give himself as a new trader would be to respect the stop loss of any trading or financial limits on his plan.
Luis is always on the lookout for unique opportunities. During the COVID crisis, he invested 70% of his capital—an unorthodox and risky move under any circumstances—and waited for market recovery. His style is bold yet intelligently calculated.
“Use technical analysis to try and understand what the charts tell us. Analyzing the past can help us to identify the future. Then, you just need to wait for the best moments.”
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
