Álvaro is based in Madrid, Spain, and has been trading since 2006. His passion for the stock market inspired his career in economics. He got his economics degree with a master’s in consulting from ICADE and went to work in a London prop trading firm, which he loved. There was no going back! Since then, he’s been committed to studying financial markets.
The first turning point in Álvaro’s trading career was the first account he burned. Instead of quitting, he continued. The patience and discipline he used got him where he is today. He’s dedicated the last 13 years to trading full-time and still studies every single day.
Álvaro admits that a few years ago, he would get stressed when he lost a trade. He noticed he‘d end up paying for it with poor money management in the next trade. But after years of honing his mental skills, losing an operation no longer causes him stress.
Expert Advice
“Be patient—time puts everything in its place—and with work and discipline you will end up achieving your goal.” He says it’s easy to sum up learning market analysis in one sentence. “First, learn a system. Then practice for years until you’re consistent with money and emotional management.”
“When it is obvious that the goals cannot be reached, don’t adjust the goals, adjust the action steps.”
– Confucius
Since 2009, we’ve been helping people invest and trade in the financial markets. We empower our community members on their trading journey by strengthening their knowledge, cultivating their experience, and inspiring their sense of adventure. Our goal? To deliver world-class education, proactive support, and a superior trading environment to our diverse global network.
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APLFX (PTY) LTD acts solely as an intermediary in terms of the FAIS Act, rendering only an intermediary service (i.e., no market making is conducted by APLFX (PTY) LTD) in relation to derivative products offered by FS INTERNATIONAL LTD (i.e., the Product Supplier).
APLFX (PTY) LTD LTD is authorised by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP) with authorisation number 52045.
FS INTERNATIONAL LTD is authorised and regulated by the Vanuatu Financial Services Commission (VFSC) with license number 700227. Should you wish to open an account, your account will be opened with FS INTERNATIONAL LTD, which will be the counterparty and act as a principal to your trades. FS INTERNATIONAL LTD falls outside the South African regulatory framework and Vanuatu’s laws and regulations will apply in relation to your account.
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By proceeding with opening an account, this will be registered with FS INTERNATIONAL LTD, which is authorised and regulated by the Vanuatu Financial Services Commission (VFSC) with license number 700227. FS INTERNATIONAL LTD falls outside the South African regulatory framework and Vanuatu’s laws and regulations will apply in relation to your account.
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APLFX (PTY) LTD acts solely as an intermediary in terms of the FAIS Act, rendering only an intermediary service (i.e., no market making is conducted by APLFX (PTY) LTD) in relation to derivative products offered by FS INTERNATIONAL LTD (i.e., the Product Supplier).
By proceeding with opening an account, this will be registered with FS INTERNATIONAL LTD, which is authorised and regulated by the Vanuatu Financial Services Commission (VFSC) with license number 700227. FS INTERNATIONAL LTD falls outside the South African regulatory framework and Vanuatu’s laws and regulations will apply in relation to your account.
APLFX (PTY) LTD is authorised by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP) with authorisation number 52045.
APLFX (PTY) LTD acts solely as an intermediary in terms of the FAIS Act, rendering only intermediary service (i.e., no market making nor product producer is conducted by APLFX (PTY) LTD) in relation to derivative products through a licensed Product Supplier.
By proceeding with opening an account, I hereby acknowledge the Terms & Conditions of APLFX (PTY) LTD and that my account will be opened under a licensed Product Supplier with whom the intermediary arrangement exist with APLFX (PTY) LTD.
