Student, 17, publishes book after turning €53 into €32,000 in just 19 days on the Forex markets
Meet Jonas Navardauskas, a student from Suffolk who has published a trading manual available on Amazon, after turning a €53 account to more than €32000 in 3 weeks.
By: Jonas Navardauskas
By reading dozens of the highest rated books on investment, hundreds of articles regarding currency trading and learning from multiple paid courses, Jonas has been able to consistently remain a profitable trader and build connections with other traders from around the world.
One of these connections is a trader from Sweden, Fredrik, who challenged Jonas to see who can be more successful trading a €50 account, during the month of September in 2019. This is when Jonas traded the US30 (better known as the Dow Jones Index) and XAUUSD (better known as GOLD) during a time of international tension between China and the USA due to the trade war at the time - with the fantastic results being proved on the "Jonas .4x Trading" YouTube channel.
Following this record-breaking account growth of more than 60,000%, Jonas stated that he received hundreds of questions and enquiries on social media for more information and education - which is when he started working tirelessly on finishing the book "The .4x Trader's Manual" to be able to provide education for everyone interested.
Jonas started writing the book in May of 2019, and 8 months later was ready to publish globally on Amazon, in January of 2020 - after juggling between studying for his A Levels, applying to University, responding to scores of social media messages and running the .4xTeam company (http://www.4xteam.co.uk).
A key factor of the .4xTeam company, Jonas revealed, is the free weekly financial market outlook for a currency pair or financial instrument (such as Crude Oil, Gold or US30) that's released to the public, and definitive price predictions are made based on a variety of factors - but often mostly on economic data releases, technical analysis and longer term market sentiment. At the time of writing, the team of traders at .4xTeam have released 40+ free weekly outlooks to help his weekly readers learn and profit from.
By taking advantage of legal loopholes in regards to cryptocurrency, Jonas was able to trade under the normal legal age of 18 and was able to put his 4 years of daily learning to good use. He says "I intend to continue studying the markets and bettering myself as a trader - with the end goal of moving into property investment in the future."