Trader and Entrepreneur with LUAN KILZES – Beatz Podcast #6

Luan Kilzes, entrepreneur, trader and influencer, told us about his journey, gave tips for getting started in the world of Day Trade, and also told us interesting facts about this business, which is now one of the fastest growing professions in Brazil.

Who is Luan Kilzes?

Luan Kilzes is a born entrepreneur who, nowadays, works as a Trader. Since he was little, he started doing business to earn money, for example, selling beads. Before jumping headfirst into this world, he worked for a large multinational and even had a coffee business. But, he decided to definitely enter the world of binary options.

Currently, Luan is 24 years old, but he has been studying this market since he was 16, when he saw a film on the subject, which ended up sparking his interest. From then on, she began to study the market and B3 in more depth. She started recording videos on YouTube and gained a large and loyal audience. With this, she teaches many people how to operate, transforming their lives, as they report.

What is the difference between OB, B3 and Forex?

B3, is nothing more than the Brazilian Stock Exchange. It is regulated by the CVM (Securities Commission), meaning it prevents various frauds and guarantees security in its operations. All negotiations of financial assets in the Brazilian market are on B3, such as cattle and the dollar, among other sectors.

Forex focuses on the currency exchange market. So, you carry out currency exchange operations from different countries around the world, focusing on their appreciation or devaluation.

OB (Binary Options) is a market for buying and selling shares. From its name we can see this, as the “bi” refers to two options: buy or sell.

What is Day Trade?

The Day Trader is that person who opens his operation in one day, and closes it on the same day. So, he ends up differentiating himself from others who buy and sell days, weeks and even years later. Therefore, the risk ends up being greater in all of its operations. Therefore, having a good head at this time is very important.

Tip for those who want to start in the financial market

For anyone who wants to start working in the financial market, it is very important to know that the risks are very high. Another important factor is having good emotional control. If you are a person who does not yet have a well-balanced emotional state, try to develop it through courses, meditation, exercises, among others.

Never bet all your chips on the market; use money that you won’t need at the end of the month. Furthermore, follow exactly everything that needs to be done, so as not to incur losses. In the beginning, study through reliable courses and books, however, practice is always where you will learn the most.

Can anyone be a Day Trader?

To be a Day Trader, contrary to what many people think, you don't have to be rich, beautiful and intelligent. However, you need to have a sum of money that you can lose without any problems, as well as a strong desire to learn more and more.

Furthermore, take some quality time to study the market, its new trends and other important factors.

What are the main mistakes made by those starting out in trading?

One of the main mistakes when starting out in trading is trading to pay off debts. For example, using all your salary in the operation in order to earn more, however, ending up losing everything and not having money to pay your basic bills, such as water, electricity and grocery.

Therefore, it is very important to have your mind prepared, first of all. You must know that losing is part of the business. Another common mistake is falling for scams from fake traders on social media. When you follow someone's advice and trust them with your money, look for as much information as possible about the company and the person responsible.

Today, search platforms provide us with a lot of data about any person or company. So, “pull the capybara” so you don’t fall for any scams out there.

So, did you enjoy learning more about trading and entrepreneurship? Don't forget to visit the our channel to check out more content like this. And, remember: every Thursday, at 18:30 pm, we are live on YouTube with a new guest.

I wait you there!