Kojo Forex is a well-known trader who has shared his journey from university to becoming a top trader. He emphasizes the importance of patience and perseverance in achieving success in the trading world. In a recent episode of The Born to Trade Podcast, hosted by Nima Siar, Kojo discussed his trading career, his approach to discipline, and his insights on what it takes to excel in the industry.
Kojo’s journey in trading began in 2012 while he was still in university, looking to supplement his income. However, it wasn’t until 2019 that things started to come together for him, with significant progress in 2020. He attributes his success to his patience and perseverance, noting that success in trading doesn’t happen overnight.
As Kojo delved deeper into the world of financial markets, he realized the potential for a lucrative career. He studied the strategies of industry legends like George Soros and Stanley Druckenmiller to refine his own trading techniques.
When asked about the age-old debate of whether traders are born with innate abilities or develop their skills over time, Kojo believes it’s a combination of both. He estimates that natural instincts account for 70-80% of a trader’s success, while learned skills make up the remaining 20-30%. In his opinion, traits like remaining calm under pressure and intuition can give traders an edge.
Despite the importance of innate abilities, Kojo emphasizes the significance of discipline in trading. He honed his discipline through years of trial and error, even joining the military to instill the necessary level of discipline required for trading success. Following a trading plan and maintaining proper risk management are crucial aspects of discipline in trading.
Kojo’s signature trading strategy, the “GOAT” strategy, stands for “Greatest of All Time.” This price-action-based approach has been developed over years of research and real-world experience, aiming to withstand all market conditions and deliver consistent results over time.
For aspiring traders, Kojo advises clarifying their goals early on and keeping a journal to track progress and build discipline. He believes that trading is a continuous journey of self-discovery and improvement, emphasizing the importance of staying disciplined and trusting the process.
In conclusion, Kojo’s story serves as a testament to the power of perseverance, self-awareness, and a relentless commitment to growth in the trading world. His message to aspiring traders is to start the journey, stay disciplined, and trust the process. Listen to the full podcast episode for more insights on Kojo’s journey and trading strategies.
