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Unit 1-Introduction To Forex

Forex trading has lots of abbreviations, if you were not aware. You may have been calling it wrong your whole life. Forex stands for ‘Foreign exchange’, “Forex” is just a fancy term used to make it sound difficult and short. Everyone trades forex, travelling to a different country and paying in their currency is forex, trading a football jersey with a friend for another jersey is a form of trading. Trading on its own is vast and wide. But what is forex trading specifically? As you may notice, there are many different ways to trade. We specifically will be focusing on forex ‘trading’. We’ll be trading our Rand for other currencies at higher or lower prices.

Forex trading has lots of abbreviations, if you were not aware. You may have been calling it wrong your whole life. Forex stands for ‘Foreign exchange’, “Forex” is just a fancy term used to make it sound difficult and short. Everyone trades forex, travelling to a different country and paying in their currency is forex, trading a football jersey with a friend for another jersey is a form of trading. Trading on its own is vast and wide. But what is forex trading specifically? As you may notice, there are many different ways to trade. We specifically will be focusing on forex ‘trading’. We’ll be trading our Rand for other currencies at higher or lower prices.

How is forex traded? Scenario 1: Let’s say your jersey costed you R1300, while your friends jersey on the other hand was R1500. Whether neither of your jersey is a newer edition also matters, look at BTC (Bitcoin) for example. Because it was new to the market and the world…people wanted it. Demand and Supply is what moves the market and keeps it active. People buy what they want to buy based on the belief that it’s low enough or affordable enough and interesting enough for them to buy!! Scenario 2: You attend a football match, and on camera a famous player gives you their jersey. Now it’s in high demand. It’s an exclusive jersey, a 1 of 1 edition. I come to you and give you an offer to buy it at R2300, you reject the offer because you’re getting more offers on the side. The highest offer you get is R7000, just after the last person offers R7000…you start to get less messages from people asking to buy it. So you go back to the 7k offer and sell it for 7k. Notice how you just made more than what was originally offered? I’m sure somewhere in your life you’ve hear a trader speaking about how the market manipulated them…in simple terms manipulation is when you see that the offers to buy higher are slowly fading so you start responding to messages and you somehow convince someone offerees to buy at 10k, 12k, but the highest people are willing to pay for the exclusive jersey is only 15k…you’ll be forced to hold or sell at 15k. The difference when manipulation is at play is that most times you’ll end up selling. We’ll dive deeper into manipulation as time goes.

How is forex traded? Scenario 1: Let’s say your jersey costed you R1300, while your friends jersey on the other hand was R1500. Whether neither of your jersey is a newer edition also matters, look at BTC (Bitcoin) for example. Because it was new to the market and the world…people wanted it. Demand and Supply is what moves the market and keeps it active. People buy what they want to buy based on the belief that it’s low enough or affordable enough and interesting enough for them to buy!! Scenario 2: You attend a football match, and on camera a famous player gives you their jersey. Now it’s in high demand. It’s an exclusive jersey, a 1 of 1 edition. I come to you and give you an offer to buy it at R2300, you reject the offer because you’re getting more offers on the side. The highest offer you get is R7000, just after the last person offers R7000…you start to get less messages from people asking to buy it. So you go back to the 7k offer and sell it for 7k. Notice how you just made more than what was originally offered? I’m sure somewhere in your life you’ve hear a trader speaking about how the market manipulated them…in simple terms manipulation is when you see that the offers to buy higher are slowly fading so you start responding to messages and you somehow convince someone offerees to buy at 10k, 12k, but the highest people are willing to pay for the exclusive jersey is only 15k…you’ll be forced to hold or sell at 15k. The difference when manipulation is at play is that most times you’ll end up selling. We’ll dive deeper into manipulation as time goes.

The Misconception that trading forex is a scam There’s a reason why people say this, from individual to individual we see and experience things differently. Let me make an example, I personally think school is a scam. Not because I think it doesn’t work, but because it’s a personal feeling I have towards the traditional education system. But for someone who went to school and was able to graduate and get a high paying job which enabled them to live a good life…that person would argue with me because they know it worked for them. Forex is not a scam, it starts feeling like one when you don’t respect the markets. I want us to have a similar mindset towards trading from the get go. The mindset I want is to have is the one where we understand that trading is not a get rich quick scheme, we will face losses and we will face wins. Just like the sun doesn’t shine every day, you cannot make money every day in trading. Look at trading as something that will prevent you from being unable to do what you want to do when you want to once you start to understand how it works and how to trade. Respect the market, follow trading rules, be patient, wait for good entries (trades). The market rewards patience.

The Misconception that trading forex is a scam There’s a reason why people say this, from individual to individual we see and experience things differently. Let me make an example, I personally think school is a scam. Not because I think it doesn’t work, but because it’s a personal feeling I have towards the traditional education system. But for someone who went to school and was able to graduate and get a high paying job which enabled them to live a good life…that person would argue with me because they know it worked for them. Forex is not a scam, it starts feeling like one when you don’t respect the markets. I want us to have a similar mindset towards trading from the get go. The mindset I want is to have is the one where we understand that trading is not a get rich quick scheme, we will face losses and we will face wins. Just like the sun doesn’t shine every day, you cannot make money every day in trading. Look at trading as something that will prevent you from being unable to do what you want to do when you want to once you start to understand how it works and how to trade. Respect the market, follow trading rules, be patient, wait for good entries (trades). The market rewards patience.

Who trades forex? Anyone can trade forex if they wish. You just need to be 18+. We have different types of players in trading. Banks, Hedge Funds, Institutions etc. those are the people who are making the most money, they are the 1% who actually know what’s happening and at the same time, they’re the ones controlling how the market moves. We are called retail traders, we simply benefit from the opportunities the 1% create for us, unfortunately majority of retail traders lose money trading because they jump in the markets way too early thinking they know what they’re doing. Trading requires a strong mindset, it’s the ultimate test that will make or break you…some people lost the battle. That’s why they go around saying trading is a scam.

Who trades forex? Anyone can trade forex if they wish. You just need to be 18+. We have different types of players in trading. Banks, Hedge Funds, Institutions etc. those are the people who are making the most money, they are the 1% who actually know what’s happening and at the same time, they’re the ones controlling how the market moves. We are called retail traders, we simply benefit from the opportunities the 1% create for us, unfortunately majority of retail traders lose money trading because they jump in the markets way too early thinking they know what they’re doing. Trading requires a strong mindset, it’s the ultimate test that will make or break you…some people lost the battle. That’s why they go around saying trading is a scam.

Lesson Where can you trade? & do you really need a laptop You can trade anywhere in the world, all you need is a phone and data/Wi-Fi. You don’t really need a laptop if you don’t have one, you can do technical analysis from your phone (checking where the market will go next [prediction])5

Lesson Where can you trade? & do you really need a laptop You can trade anywhere in the world, all you need is a phone and data/Wi-Fi. You don’t really need a laptop if you don’t have one, you can do technical analysis from your phone (checking where the market will go next [prediction])5

Unit 2

Types of Traders Trading is for adrenaline junkies, dummies, slow traders, patient traders, relaxed traders and even donators. Let’s break down the types of traders we have first. You get a Scalper, a day trader, and a swing trader. The other different types of traders are irrelevant to this mentorship program so we won’t focus on them. 1. What is a scalper? An adrenaline junkie in a way, doesn’t hold trades for more than an hour, sometimes their trades last up to 5 min, 15 min etc. Scalpers trade to try make money fast but at the same time, losses are their biggest problem. If a scalper risks R1500, the very same way they target profit is the very same way they can lose the money they deposit. In short, a scalper is a trader who is willing to lose or make money in a short period of time. 2. What is a day trader? A bit more of a neutral trader, day traders can spend almost half of their day sitting in front of their workspace trading, just because they’re day traders doesn’t mean they’re always trading! Most times profitable traders spend most their time doing something else like scrolling on social media, having a conversation with a someone, watching a movie or doing something else on their pc WHILE waiting for the market to get to their setup. A good day trader is built on patience. You don’t have to chase every trade, instead…let the trades come to you. Trade like a fisherman. 3. What is a Swing Trader? A beautiful example to define a Swing Trader is this. Think of how that 32-day notice you have or once had with Capitec was long, and the rewards/return worth it. We’re not really focused on the returns, what we’re focused on is the duration that the notice is for…32 days, swing traders operate in a similar way. A swing trader is a trader who opens a trade, and lets it run for hours, days, weeks, months and even years without closing the trade. The Cons? You need extraordinary patience to be able to hold for long durations. Swing trading comes with freedom, you get to focus on other things while being a trader. As a trader, you are allowed to close any trade at anytime you want (during operating hours – Mon-Fri) it doesn’t matter what trading style you adopt! Here’s a challenge, look at your life, look at your daily obligations…the things you have to do…basically what I’m asking you to do is to evaluate how busy you actually are and then choose what type of trading style matches your current position as a person.

Types of Traders Trading is for adrenaline junkies, dummies, slow traders, patient traders, relaxed traders and even donators. Let’s break down the types of traders we have first. You get a Scalper, a day trader, and a swing trader. The other different types of traders are irrelevant to this mentorship program so we won’t focus on them. 1. What is a scalper? An adrenaline junkie in a way, doesn’t hold trades for more than an hour, sometimes their trades last up to 5 min, 15 min etc. Scalpers trade to try make money fast but at the same time, losses are their biggest problem. If a scalper risks R1500, the very same way they target profit is the very same way they can lose the money they deposit. In short, a scalper is a trader who is willing to lose or make money in a short period of time. 2. What is a day trader? A bit more of a neutral trader, day traders can spend almost half of their day sitting in front of their workspace trading, just because they’re day traders doesn’t mean they’re always trading! Most times profitable traders spend most their time doing something else like scrolling on social media, having a conversation with a someone, watching a movie or doing something else on their pc WHILE waiting for the market to get to their setup. A good day trader is built on patience. You don’t have to chase every trade, instead…let the trades come to you. Trade like a fisherman. 3. What is a Swing Trader? A beautiful example to define a Swing Trader is this. Think of how that 32-day notice you have or once had with Capitec was long, and the rewards/return worth it. We’re not really focused on the returns, what we’re focused on is the duration that the notice is for…32 days, swing traders operate in a similar way. A swing trader is a trader who opens a trade, and lets it run for hours, days, weeks, months and even years without closing the trade. The Cons? You need extraordinary patience to be able to hold for long durations. Swing trading comes with freedom, you get to focus on other things while being a trader. As a trader, you are allowed to close any trade at anytime you want (during operating hours – Mon-Fri) it doesn’t matter what trading style you adopt! Here’s a challenge, look at your life, look at your daily obligations…the things you have to do…basically what I’m asking you to do is to evaluate how busy you actually are and then choose what type of trading style matches your current position as a person.

Section 3

Unit 3

Unit 3

Pressure brings panic, panic leads to bad decisions What am I saying?? In simple and short terms…don’t compare your trading to anyone’s trading. I keep saying that forex can make or break you. Forex can leave you in debt, forex can turn your life upside down. In this July 2026 mentorship program, we have actual Varsity students and employed individuals. Please bear in mind that the following is NOT financial advice in any way; To Students • If you experience a loss, close your charts…do something to get your mind busy. Trading after a loss is one of the easiest way to lose even more because Your mind is looking to revenge trade and recover that money you just lost. You are going to make mistakes! You will not win against an emotionless market. • After getting you allowance, buy food, do what you usually do. Use your money to pay off anything important. And only if you have money remaining can you consider using it to trade. • Don’t put pressure on yourself, learn at you own pace. There’s absolutely no need to jump into depositing money into your trading account. To the Employed • If you experience a loss, close your charts…do something to get your mind busy. Trading after a loss is one of the easiest way to lose even more because Your mind is looking to revenge trade and recover that money you just lost. You are going to make mistakes! You will not win against an emotionless market. • NEVER FUND YOUR SALARY. MY MENTORSHIP PROGRAM IS FREE, YOU ARE UNDER NO OBLIGATION TO FUND ALL YOUR MONEY. SHOULD YOU DO THAT, I WILL NOT BE THERE TO HELP YOU. I WILL NOT TAKE ANY RESPONSIBILITY. Take smarter financial decisions. IF YOU FUND YOUR ENTIRE SALARY, YOU WILL 1000% LOSE IT ALL. Pay everything you need to pay, send whoever you need to send money to money, buy food, go out and enjoy your money. Only fund what you can lose!! Trading is not a marathon…there’s more than enough money for everyone. Purpose of this lesson is purely is build disciplined traders and not gamblers. I unfortunately cannot advice anyone on the type of trader they should choose to be BUT if I was employed, I would be a swing trader, less pressure, gives me more time to also learn the market without having to fund (deposit) all the time.

Pressure brings panic, panic leads to bad decisions What am I saying?? In simple and short terms…don’t compare your trading to anyone’s trading. I keep saying that forex can make or break you. Forex can leave you in debt, forex can turn your life upside down. In this July 2026 mentorship program, we have actual Varsity students and employed individuals. Please bear in mind that the following is NOT financial advice in any way; To Students • If you experience a loss, close your charts…do something to get your mind busy. Trading after a loss is one of the easiest way to lose even more because Your mind is looking to revenge trade and recover that money you just lost. You are going to make mistakes! You will not win against an emotionless market. • After getting you allowance, buy food, do what you usually do. Use your money to pay off anything important. And only if you have money remaining can you consider using it to trade. • Don’t put pressure on yourself, learn at you own pace. There’s absolutely no need to jump into depositing money into your trading account. To the Employed • If you experience a loss, close your charts…do something to get your mind busy. Trading after a loss is one of the easiest way to lose even more because Your mind is looking to revenge trade and recover that money you just lost. You are going to make mistakes! You will not win against an emotionless market. • NEVER FUND YOUR SALARY. MY MENTORSHIP PROGRAM IS FREE, YOU ARE UNDER NO OBLIGATION TO FUND ALL YOUR MONEY. SHOULD YOU DO THAT, I WILL NOT BE THERE TO HELP YOU. I WILL NOT TAKE ANY RESPONSIBILITY. Take smarter financial decisions. IF YOU FUND YOUR ENTIRE SALARY, YOU WILL 1000% LOSE IT ALL. Pay everything you need to pay, send whoever you need to send money to money, buy food, go out and enjoy your money. Only fund what you can lose!! Trading is not a marathon…there’s more than enough money for everyone. Purpose of this lesson is purely is build disciplined traders and not gamblers. I unfortunately cannot advice anyone on the type of trader they should choose to be BUT if I was employed, I would be a swing trader, less pressure, gives me more time to also learn the market without having to fund (deposit) all the time.

Full Course
Free
Course Includes:
1 Enrolled Student
3 Sections
8 Lessons
Beginner level