90% of traders lose money! Have you heard this line when you are just starting out trading the Forex markets? This line is also evident on most brokerage firms as a disclaimer that most traders lose money. This is the truth behind the field of trading due to its easy entrant and huge upside potential for success once a consistent profitable system is achieved through hard work and efforts, laser sharp focus, and learning from some successful traders that could help you hasten your learning curve.
We don’t underestimate self-studying but leveraging on people who have put in the hours can potentially boost your knowledge dramatically with proper guidance. In this article, let’s discuss 5 such Forex Trading Success Stories in India. These successful Indian Forex traders could potentially jump start your trading career.
Top Forex Trading Success Stories In India
- Pravin Khetan
Pravin Khetan is an Indian trader with Forex trading experience of over ten years. His expertise lies in trading global markets such as Forex, Commodity, Stock and Equity markets.
He is the director of iPlan Education, a company that offers paid courses related to trading the financial markets. With over 2.5 lakh subscribers on YouTube, he has been one of the most followed trader across the social media platforms. Pravin is well known for teaching concepts in the most understandable way, therefore catering to novices as well.
YouTube – Pravin Khetan | Twitter – @pravinkhetan | Website – iPlan Education
- Anish Singh Thakur
Anish Singh Thakur is the founder of Booming Bulls Academy – an institute that specialises in providing Forex and Stock market trading education. Anish is one of the youngest Forex trading success stories in India with over 4 lakh subscribers on his YouTube channel. He specializes in teaching robust risk management skills and price action trading strategies to his subscribers. He also publishes his mesmerizing trade results on his website to motivate his students to learn and trade better.
YouTube – Booming Bulls | Twitter – @anishsthakur | Instagram – anishsinghthakur
Below are some of the trades that are relatively new to the market with massive potential and seen great success in the Forex market till now. We made sure to use their company/page names instead of the trader alone so that it would be easier for you to identify them.
- Adam_fxbin
Adam_fxbin had a few posts on his Instagram page and has around 8.9k followers but is mostly active on a different platform which is Telegram. He found success by providing trade signals for traders giving them entry prices (where and when to buy) and exit prices (where and when to sell). His Telegram channel has around 4.5k subscribers and has been created since October 1st of 2020 which gives this trader a little less than a year of actively providing signal services.
Inside the channel is where you will see most messages containing trading signals that you could follow according to your preferences. He is an amazing trader who focuses on providing trade signals to his several subscribers which possibly lack time or availability to study and learn Forex trading.
Instagram – Adam_fxbin | Telegram Channel – Connect Binary
- forex.salary
Another one from the lists is forex.salary from Instagram which is a lot more active posting on his feed with 96 posts and is currently sitting at a little over 1.3k follower count. First post from the feed was from 28th of July 2020 which brings this trader to almost a year of active trading. From there you can see that most of the images are chart snap shots from TradingView or MetaTrader showing his trading output and how he continuously apply his top performance and expertise in trading the Forex markets.
On the other hand, you can find very informative videos under his YouTube channel from the basics of how to use certain indicators, calculating stop losses and target profits to intermediate and advanced such as discussing trading strategies and conducting Forex market analysis of different Forex pairs and some commodities on the side. His channel also shares some outside-the-charts trading related content such as a what is a daily routine like becoming a Forex trader and how to pay tax from Forex income to name a few. Overall he has 40 videos that you can totally learn from and start your journey to becoming a successful trader you wanted to be.
In total, his platform’s content from Instagram to YouTube is very much beginner-friendly considering having a Forex course available on YouTube as well. A great approach for starters who want to learn and become a consistently profitable Forex trader in the days to come.
Instagram – forex.salary | YouTube – forex.salary
- Hey Profit
Last on the list, we have Hey Profit which basically has the same content as SKAZIFX having live stream videos but is just the chart recording and showing his buy and sell points on the chart and zero explanations whatsoever.
Clearly experienced due to his long exposure in front of the charts and evident through his live stream videos as these ranges from 34 minutes to a very long 8 hour stream while also having short ones averaging 3 to 5 minutes. Still actively posting with his recent upload 9 hours ago being that longest video-to-date having 8-hour length as of writing and you can truly see how successful his approach is with the live markets.
Jumping right onto his Telegram channel, you would see his massive subscriber count reaching up to 82.9k. In here, he is actively sending trade signals with entry levels and target prices while stop losses are being omitted and been made available only to members who subscribed to his premium services. The Telegram channel was live since May 16, 2019 therefore having 3 years of live trading experience on his back.
Telegram Channel: Hey Profit
Conclusion
Trading is a very risky yet a very rewarding industry as showcased by these 5 successful Indian traders. Common denominator is for a trader to have a trading system that can be applied consistently and profitably onto the live markets and used as a leverage to achieve greater success either by providing signal services, creating a trading course, jumping onto live stream videos for followers or even handling funds of clients that trust your skills. These are all on the top of potentially earning within your own trading account as well. It requires time, guidance, experience, effort and patience to achieve success in this industry. There will be downfalls and struggles but all will be worth it in the end. Cheers!