Forex or foreign exchange is the buying and selling of a currency in exchange for another currency.
There has been a lot of wealth made through foreign exchange trading. It can, however, be an extremely tough path for beginners to take as it demands hours of education and practice to be good at it. Forex trading is a continuous learning process and even experienced traders are learning something new regularly on the market.
What it takes to succeed in the industry is a well-informed mentor to guide you through the various processes and steps in the industry. Mathew Thayer is one of the globally renowned financial educators who can help you navigate your way to success.
Matt is the Chairman100 in IM Mastery Academy and the creator of the CashTrap Strategy. He is among the world's best HFX educators with a great mastery of trading strategies. Matt has been able to create a massive account in just two and a half years and has grown from a team of 200 students to now over 250,000 students tuning in weekly.
In addition, he shares one of the fascinating stories in the trading world with lots of lessons that can be helpful for new traders.
Matt grew up in Minneapolis, MN, where he excelled at both football and basketball. He made his way to the University of Wisconsin-Stout to play basketball. After graduation, he ventured into network marketing. His career started in a travel company, World Ventures, but he later realised that he did not have a passion for traveling. He hence quit the company and met Alex Morton of IM Mastery Academy. This is when he started to consider getting into trading. IM Mastery Academy is an online educational company that educates people on trading in the forex markets, cryptocurrencies, and e-commerce.
Though he was not passionate about it initially, he made the bold move and chose to take the next step despite having an affinity for network marketing. With no prior experience or knowledge about trading, Matt followed Vasquez and learned the basics of trading. Life in the new career was not easy in the early days as he seemed to get everything wrong. He eventually realised his mistakes but only after blowing several accounts. Finally, he started to make trading work and pushed on. The decision proved to be worthy as he soon started becoming extremely successful.
He immediately started teaching and coaching small teams that grew into thousands every week over time. He created CashTrap, a strategy software helping thousands of individuals build their trading portfolios.
Today, he stands out in trading due to his innovative skills and strategies that he is not hesitant to share with others. CashTrap has impacted the lives of thousands as they are able to make extra income that benefits their families.
Matt believes that he would have been better positioned if he was ready to be coached from the beginning. He recognises that the best way to learn is to remain coachable and be willing to work with various strategies.
You can follow Matt on Instagram @matthewthayer and Facebook to know more about him and his trading strategies.