The Basics of Forex for Beginners 101

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  • Опубліковано 22 сер 2024
  • In this Q&A session brought to you by @Octafx I sit down with both Prince and Nareen and we go through the basics of Forex for beginners.
    If you are interested in learning about forex trading download the Octafx trading app on bit.ly/Nicolet... . Use my promo code Nicolette and double your deposit.
    #partnered

КОМЕНТАРІ • 25

  • @SB_vlogss
    @SB_vlogss Рік тому +15

    Forex isn’t a get rich quick scheme, people don’t work hard and avoid necessary learning but love cutting corners and cry when they lose money, this industry isn’t for greedy or lazy people

  • @orefiledhlamini
    @orefiledhlamini Рік тому +8

    I've been watching you since 2020 I'm suprised I'm not subscribed.
    But now i am

  • @uMsubathi
    @uMsubathi Рік тому +9

    Congratulations Nicolette on 200k sub 👏🏼

  • @virginiaveemakoti972
    @virginiaveemakoti972 10 місяців тому

    My son started learning at 15yrs, started making profit at 16... I can confidently say that he is a professional, running a profitable business... Allowing him to learn forex was the best move ever

  • @Alpha_Female_Group
    @Alpha_Female_Group Рік тому +7

    Trading is the most difficult way to make easy money.

  • @Thabang367
    @Thabang367 9 місяців тому +1

    Hi Nicollette. Can I trade forex under a private company as a self employed? and How do I classify my business as to SARS?

  • @madsan88
    @madsan88 Рік тому +2

    I listened till the part where you were about to go into a game with the two interviewees.
    I don't know whether it's due to the editing or that's just how the interview was but a lot of information was left out.
    Also, considering some of the things I was hearing, I don't think the title is suitable for the terminologies and explanations that were said in the interview.
    This video is not suitable for beginners as no beginners concepts were mentioned.
    It's a presentation for someone who has dabbled into forex and either left it and wants to come get back in or is looking for another broker.
    The way the questions were being answered was not direct and full - obviously due to editing and keeping things mysterious so as to create interest and attain potential customers from those viewing this video.
    Prince makes me concerned, I don't think He should have been in the interview, He's way of marketing forex trading is dangerous and risky.
    At least the lady tried to keep things alluring and discreet in her answers (even though she too partially answered the questions - not to their entirety) but Prince is a sure way of causing more distrust by all who become disappointed through losing trades under he's advice and answers.
    This was clearly a marketing campaign, one that will sadly only benefit OctaFX while leaving many people who trust you and all you represent in terms of financial literacy over the years - to be hurt and angry not towards OctaFX but also you as they trust you to share truths that help improve their lives when it comes to financial education.
    @nicolettemashile @financial bunny careful what and to whom you attach your brand to, you worked too hard for too long only to one day have your followers turn against you saying, "We trusted OctaFX when we saw you with them but we lost our monies through trading forex."
    Don't put yourself in a situation where you will one day have to shoot a video explaining how you were just doing your job and that OctaFX was just a business deal you took to earn a paycheck - you never told anyone to trade with them and therefore cannot be held responsible for those who lost their monies.
    Many truths were left out, some lies were told and reckless information shared during this interview regarding forex trading.
    This is not hate, this is coming from someome who cares about what you have built, what you mean to many people out there and threat it could face through your business engagement with such reckless kinds of information aimed at beginners or forex trading prospects.
    - Sandile Madlala.

  • @chrismc.lepoza7829
    @chrismc.lepoza7829 Рік тому +1

    Hi Nicolette, what's the difference between Forex and Binary Options

    • @FinancialBunny
      @FinancialBunny  Рік тому

      This is a way of trading: A binary option is a type of options contract in which the payout depends entirely on the outcome of a yes/no proposition and typically relates to whether the price of a particular asset will rise above or fall below a specified amount.
      While Forex refers to currencies- Foreign currency trading.

  • @talkingcharts
    @talkingcharts Рік тому +6

    Forex will mess up your life or make your life beautiful. Scary ehh 😢

    • @uMsubathi
      @uMsubathi Рік тому +3

      There are winners & losers of any industry, find the winners & follow em

    • @FinancialBunny
      @FinancialBunny  Рік тому +5

      Hence why we must continue to educate

  • @mathewsrakhale1068
    @mathewsrakhale1068 Рік тому

    Hi sister

  • @mazwimkhize786
    @mazwimkhize786 Рік тому +2

    Nah nah naaahhhhhh. Not this content

    • @FinancialBunny
      @FinancialBunny  Рік тому

      Why not? Is it not education?

    • @mazwimkhize786
      @mazwimkhize786 Рік тому +1

      @@FinancialBunnystatistically speaking most people won’t really crack it day-trading. The 10 or so percent who do are most likely not watching this channel (respectfully). I’ve been subscribed to this channel for about 3 years and most of the content has been practical to the average person tryna be above average. Personally, I just don’t think this content is in line with the work you’ve been putting out as well as your fan base, but I could be wrong

    • @nkanyezisithole7381
      @nkanyezisithole7381 Рік тому

      @@mazwimkhize786 I kind of understand where you come from