Think you have to be a financial expert to trade the markets? Think again! This is the story of 19 year old Hoa Nguyen; a small-town girl from Vietnam, who turned a $4 account balance into over $5,000 profit in just two weeks.
We often hear of success stories but seldom believe in them; turning a situation on its head seems impossible after we experience a crushing failure. But if there’s one place where amazing turnarounds are possible, it’s the ever-unpredictable and opportunity-rich forex industry. And Exness trader Hoa Nguyen is living proof of it.
Inspired by Hoa’s story? Open your account now at www.exness.com
From $4 to $5,000
After joining the Exness Tradathlon contest earlier this year and very quickly making her way to first place with $4,000 in her account, Hoa found herself on the unprofitable side of a flash crash and saw her winnings dwindle to a mere $4 overnight. Disappointed and discouraged, she stepped away from trading to clear her mind, but just a day later, determined not to give up, she decided to give it another try.
After a day of grinding, Hoa watched her $4 turn into $185 and almost triple to $500 the next. On the third day, the measly $4 had grown to a whopping $2,000 and you can easily guess how it went from there. The result? Second place in the Tradathlon contest, a ticket to compete in the Grand Final in Dubai, and over $5000 cash profit to take home!
What can we learn from Hoa’s story?
No initial deposit is ever too small;No situation is impossible to turn around;Never give up, even when your funds are almost drained;Practice patience and discipline in your trading;Stick to your trading strategy and don’t make rash decisions based on emotion;Grind.
What exactly is a grinder? According to Investopedia, “In financial investing, this describes a person who puts in significant work to bring in small amounts or profits in a highly tedious and laborious, but ultimately effective, manner.”
So for those of you just starting out in forex, don’t adopt a “get rich quick” approach. Start small, work hard, be patient, and believe in yourself and the possibilities this market can give you.
Ready to make your first deposit? Visit www.exness.com today.
You can watch Hoa share her inspiring story here.