SUCCESSFUL FOREX TRADER IN KENYA
Paul Mugenda Mwangi
Paul Mugenda could be considered as the best Forex trader in Kenya. Similarly to the Forex traders mentioned above, life was not much different from them. When he became a student of the Technical University of Kenya in 2014, little did he expect, that he would be named among the best Forex traders in Kenya. He relied on the money sent from his parents.
When Paul became 23 he started hawking tea leaves at the bus stop. This was not very beneficial either, but as luck plays an important role in our lives, he was at the right place at the right time. Mugenda met a friend, who introduced him to the world of Forex trading. With no experience and trading skills, Mugenda wasted all of the money in trading but he never gave up and tried again. His friend definitely “saved” him. Mentorship and teaching the basics of Forex trading, including risk management, eventually prevailed and after some time, Mugenda started earning good money.
This was the landmark moment in Mugenda’s life and right now he owns a Forex company. Financial woes are already behind and paying bills is not an issue for him anymore. He has become so specialized in Forex that he also conducts seminars for youngsters, who want to become top FX traders in Kenya. Mugenda wants to contribute to his country by providing courses on trading.
Mugenda never denied that Forex business is indeed a risky one. Situation and events in the world have a huge implication on the largest financial market. He says, that getting to the current place cost him a lot of money. Losing money is inevitable at some point when you start trading and Mugenda always warns young traders about that. Profits and losses accompany a trader all the time because that is how the trading works.
With the help of his platform, Paul trains future traders. He managed to expand the business and also included an insurance agency, coffee shops and a real estate. He wishes to achieve even more and become the best young entrepreneur in the country. For an intelligent man like Paul Mugenda, this challenge is also achievable. He tops the list of the richest Forex traders from Kenya.
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