Also you don't trade with all your wallet. 3-5% for each trade. I can always tell if someone knows what they are doing or not by how much they use for each trade.
@@I_Unintentionally_MorphSo what? The market stopped me out and headed in my direction is not my fault. See the market can do whatever it wants, whenever it wants. Trading is an investment, and if you knew anything about investment, you should know that "safety of the principal is the first soun principle of investing". Yes, to never lose money, or to WILLINGLY lose what you can afford. Don't wait until you loose 40 percent of your entire principal because of a deadly spike before you start using stop loss.
@@MikeMayneOfficial it’s a trash low-liquidity pair to trade, let alone actually over-leverage to catch a few measly pips just to end up getting your account blown. Diabolical work indeed
Mistakes 1. Martingale strategy 2. Placing random orders without analysis. They are gambling news. 3. No stop-loss, hence no risk management. 4. Indices aren't very healthy for small accounts 5. Placing big orders.
@@JoyceAgida.....In Algorithmic trading you can create algorithms that calculates how much to risks and you can even code your algorithm such that there is almost zero chance that your account will ever blow. This because using algorithms you can calculate market movements before hand. Algorithmic trading is trading using programmed code.(e.g MQL5/MQL4) While manual trading is trading using your hands to click buy/sell trading instruments. The computer buys or sell trading instruments on my behalf while I am asleep or away even take profits put stop loss or close trades on my behalf in algorithmic trading.
I'm already done in this state of my trading journey 🙂 I blew a lot of account but not a big account like in the video and try different strategies and I realized that risk management is the most important thing in trading
I think it so pitty. I see the Account may be wrong inside the forex date. We have basically D1 to 7days Is Asia Long. D11 to 18days is Europe long and D20 to 30day Is Amerika long. If i am worng . Please comment
I don't fully understand what I'm seeing here, but it would appear that nearly none of these traders utilize a stop loss. You're asking to blow your account.
number 3 when he cries out "imali ye groza". Meaning, 'money for groceries'. 🤣
😂😂😂😂
😂😂😂😂😂 ziyabheda😂😂🤣🤣
Setting a trade without SL is the fastest way to get your accounts blown
Na I'd say over leverage where 20pips make you lose it all...
u haven't been in situation when market retest takes u out and goes into profit.
@@I_Unintentionally_Morph I have lots of times
I only pass up the trade,there are lots of opportunities
Also you don't trade with all your wallet. 3-5% for each trade. I can always tell if someone knows what they are doing or not by how much they use for each trade.
@@I_Unintentionally_MorphSo what? The market stopped me out and headed in my direction is not my fault. See the market can do whatever it wants, whenever it wants.
Trading is an investment, and if you knew anything about investment, you should know that "safety of the principal is the first soun principle of investing".
Yes, to never lose money, or to WILLINGLY lose what you can afford.
Don't wait until you loose 40 percent of your entire principal because of a deadly spike before you start using stop loss.
You dont hold, you keep on holding😂🤣
Keep on holding 😂
😂kikuyu😂
😂😂😂
😅😅😅
@@TangeniFX Yah neh? You keep on holding until you lose everything 🤣
South Africa has the most unserious traders in Africa
Free loaders
Not traders......gurus....
Go and trade
lmao fax. No strategy, just full port and get lucky😂
😂😂😂😂😂
Don’t worry it’s a retest… 😂😂😂 admit it we’ve been there!
Than boom account blown while waiting for price to retest 😂😂
😢😢
That "Eh" sounds so painful 😂😂
Pains
Brvh😂😊
When they start saying "let me add more position", just know, shit is about to hit the fan 😂😂😂😂😂😂😂
One thing I’ve learned is when the market gives u profit idgaf if it $5 take it
100% facts... Some of them were way too greedy.
On behalf of the market makers/Central banks, Big thanks to the people of SouthAm Africans for their unwavering support of providing us liquidity
Kikikiki this has got me
😂😂😂
😂😂😂
"It's not going to blow me, I'm telling you"
To think i was locked in this cycle for almost 3 years impeding my growth as a trader. These are just abusive and gambling strategies.
The first one remains the funniest. 🤣
🤦🏾♂️😂😂😂
That's Ref Wayne
Lawd the second trader was hilarious what he says at the end in Swahili 😂😂 " it's refused"
Ni kamau😂
😂😂😂😂 imekataa kabisaa
😂😂😂😂 I laughed so HARD😂
what's the purpose of opening too many trades when you have one big lot
To take partials
Martingale strategy
I never understood this
@@kgoroshimampuru5475 You can close partials in a single trade. Both MT4 and MT5 mobile and PC have these options.
CAN’T STOP LAUGHING 😂
😂😂😂😂
"we are holding, we are holding... owe sheet..." thats the best strategy ever!!
They quickly changed from happiness to sadness in a sec.
In a blink of an eye boom the account is gone 😂😂
Trading during news is gambling
@RoshanNeo-qd5ec I don't trade during economic news.
You can coup up great pips. You should know what you're doing though..
Second one from Kenya "Imekataa" 😅😅😅😅
Is that a real account???
Manze
@@lastkvng2963of course 😅
Walaiii 😂😂
hoood hoood its going to change dilection🤣
Only risk 1% per trade.
Put a stop loss
Focus on one trade and manage it. Lastly don't be greedy
Sounds like your in MFU
@@israelcolon9434 MFU?
I have only small account so 1% is too small for me. It's ok to trade bigger just set a sl and follow a risk management.
@@johnlloydservillonnacor3307 true man. There are other strategies to scale up.🤔
@@johnlloydservillonnacor3307 Same. At most I risk 5% per trade.
I think people are actually betting not trading
It's crazy seeing they blew their account with just a few pips of price not going in their direction lol
😂😂😂😂😂😂😂its always the one's who does not have a build in screen recording 😂😂if your mentors screen recording sound like that rrrrruuuunnnnn😂😂
no stop loss, no take profit, bare minimum of a strategy, no risk management
Just spam 100 entries and pray
@@percaholic6939😅😅😅
ba nagana o kar price eja bogobe😂😂😂😂😂😂😂😂
Blowing an acct on USDCAD is an epic fail 😂
At the highest level 😅
As a new trader why is that a fail
@@MikeMayneOfficial it’s a trash low-liquidity pair to trade, let alone actually over-leverage to catch a few measly pips just to end up getting your account blown. Diabolical work indeed
It has high volatility due to low liquidity
@@MikeMayneOfficialusdd jpy has lower pip value, so if you use small lots even large moves shouldn't wipe you
Guy number 3 ……. 😂😂😂😂 Ayibuye yooooo😂😂😂😂 imali yeGrocer …. Madoda…. Uzakufa ngendlala lo Mfo
Definitely a compilation of South African traders 😂
Iy,nkomo zik,baba lezi okuthiwa azibuye 😅😅😅😅🎉
🤣😂🤣hahahahahah, lol...that first guy tho
I love when south Africans think they know it all in forex😂
😂😂😂😂
Damn, i really used to do this huh....common theme
1. Overleverage
2. No stop loss to ensure account survives if loss
3. News trading
4. Hope trading
“Let me take a screenshot it’s going to come back ….. it’s just a retest EH! Shit ! “ 😂😂😂💀💀💀💀
Moss this is eating like aviator 💔💔💔🤣😂😂😂🤣
He even sent the signal in the group😂😂😂😂
Keep holding until u can’t anymore lol😅
3:42
I died.. 😂😂😂😂😂😂😂😂😅
😭😭😭
😂😂😂
When they say I sent the signal we already know it's gana blow
😂😂"I sent the signal I send the signal"
These are not trades these are fools
And scam artists
we need liquid lmao
Look like South Africa trader only trade News
Hold hold, small rejection, haiyah
The 4th one actually realized that he was doing something wrong in trading. I hope he actually become a better trader today
Keep on holding kijana😂😂 kikkuyu
2. You just keep on holding 😂😂😂
From hoding accent you can tell he’s a Kenyan
Anguka nayo
Kamau ako biz 😂😂😂
@@vinpettit 😂😂😂 wallai
@@CLASSICAL_POWERS😂😂😂😂
thats holding is a kenyan 😂 speaking swahili at the end
Zenu zimetolewa 😂
😂
Eissshhhh!!! Mekahdah 😅😅😅😂😂
thats a 5pip TP and 200 pip stoploss🤣🤣🤣🤣
😂😂😂😂
Iyoooh maa! Aweee.. iyooh SHIIT!😂😂
Lol spent the grocery money
Indiscipline and greediness
Greed is your worst enemy including yourself 😅😅
Never laughed this hard in a while 😂🤣
Haven’t laughed this hard since a long time 😂😂😂😂
4:27 😂😂😂😂😂😂
God 😂😂
😂😂😂 most of these guys are South African 😂😂😂
🤣🤣🤣🤣🤣🤣🤣🤣 ahhhhh I'm so confused what is happening can someone please help me...
Ending 😂 dude in black said I’m going back in
Thanks for the Donation😂😂😂😂😂
I sent the signal😂
3,2,1 boom😅
I'm still learning how to trade, yet I know the importance of Stop losses,probability and risk to reward ratio 😂😂
Why do they never just click the three dots in time so they can close their profits in one fell swoop and set a SL
9:49🤣🤣🤣
11:41 even the birds laughing 😂🤣
Real progress takes time
"Ene Keebone Buy Ela Weitx" 🤣😭
Mistakes
1. Martingale strategy
2. Placing random orders without analysis. They are gambling news.
3. No stop-loss, hence no risk management.
4. Indices aren't very healthy for small accounts
5. Placing big orders.
"Sorry, sorry, sorry..." 😂😂😂
@FX ZONE Can i have the track id playing in the fourth clip plz
Money blown with no candle movement 😂😂😂
But I just had a great time laughing 😂😂😂.
nobody will show you the winners. let's balance the truth. while others are blowing accounts, others are making it, big time!!!
That 2 guys is stupid how can you be 11k euros and not close wtf
The candles move very fast even if they tried closing they couldnt do it in time🥲
These guys are gambling. You don't trade like this
The confidence to record and share that 🤣
Imal yegrossa 😂
Hahaha 😂😂😅😅 gamblers
Ayoooyey! Aweee yoooo shit 😅😂😂😂
Zimbabwe has the best traders😂😂❤
The first guy was hilarious 😂😂😂 ehh...😂😂
"highest of all time" 😂😂😂
That is why I moved to Algorithmic trading, no more manual trading.
Can you explain the difference pls
@@JoyceAgida.....In Algorithmic trading you can create algorithms that calculates how much to risks and you can even code your algorithm such that there is almost zero chance that your account will ever blow. This because using algorithms you can calculate market movements before hand. Algorithmic trading is trading using programmed code.(e.g MQL5/MQL4) While manual trading is trading using your hands to click buy/sell trading instruments. The computer buys or sell trading instruments on my behalf while I am asleep or away even take profits put stop loss or close trades on my behalf in algorithmic trading.
Algorithmic means the use of a robot@@JoyceAgida
Number 1😂😂😂😂😂😂😂😂
USDCAD guy is a greedy mf
If you never blow an account before you are not going to successfull in FOrex trading
@richgangfx3641 stop lying dude.
Up, up.. oohh.. ahh 😂😂😂
I'm already done in this state of my trading journey 🙂 I blew a lot of account but not a big account like in the video and try different strategies and I realized that risk management is the most important thing in trading
South Africans love drama
We are the only country in Africa to give God a headache
I think it so pitty. I see the Account may be wrong inside the forex date.
We have basically D1 to 7days Is Asia Long. D11 to 18days is Europe long and D20 to 30day Is Amerika long.
If i am worng . Please comment
imekataa😂😂
It's going to come back harde buddy
We are buying Nas today😂😂😂
Shayaaaa😂
1 minute to go 1 minute…sell on gold😂😂😂
Its good we have this kinda traders in forex keep it up guys
7:05 😂😂😂
Eish 😭😂😂
yerrrr😂😂😂😂
Aswear when it comes to blowing accounts, South Africans have it 😂😂😂
I don't fully understand what I'm seeing here, but it would appear that nearly none of these traders utilize a stop loss. You're asking to blow your account.
People should understand that there'll always be a liquidity sweep first before going to the right direction and technical analysis does work trust me
😂🤣😂 man i miss this
The number 9 trader got me kikikikiki