TRADER REACTS: South African Traders Winning BIG!
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- Опубліковано 21 жов 2024
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A great South African trader once said. Keep pressing sell until it says not enough money🤣.
That was me 😂😂
🤣🤣🤣
🤣🤣🤣 till you hear that rejecting sound
Lolol full margin sell lol
@@AdrianGeland margin call it is
4:28
"THANK YOU, QUEEN Elizabeth " 🤣🤣...that's one is SA indeed 🤣🇿🇦
Thanks Nick, bring more of this both winnings and losses. I AM a Kenyan and South African blood is with us. We are all gamblers
Kenyans tuko everywhere bana 😂
Nah y’all just trash
Spot on 😂 there is gambling running through our veins
We are Africans , their parents told them that They are intelligent than Africans .. Sit and watch Africans .. I have said "SIT Down" . This is time for Africa.
Lmao love ur spirit there 🔥
If all South African traders trade like this, South African GDP can surpass China and US next year. 😆 🤣
😂🤣🇿🇦🇿🇦🇿🇦🇿🇦🇿🇦
🤣🤣
U are superd smart. Smart money is the one win all time at the end. we solo trader only fight each other
No jokes brother
No lies
I just love South African traders. Hahaha. Much love from Kenya. Our governments did a nice deal and finally I can visit SA with only my passport. I'm planning to meet traders from there
Be careful of scammers
@@michealbhekifa7380 Yep 90% of them are scammers
Most of them are scammers. And you could still visit even before, their visa isn't hard to get
95% of them are scammers be careful
Mnatrade which markets bana mnichanue
South African traders are a different breed bruh🔥. Here we grow our bank accounts, not trading accounts😂😏. 0.01 lot size won't buy you a Lambo.. Here it's go BIG or BLOW, then fund again. Also, the main aim is to withdraw on a daily.
Shit go head n slide the sauce dawg I’m tryn get dat lambo 😂
That's true brother
😂😂😂 We are not playing bruh
It’s good if ppl think this is gambling n that direction can not be predicted. Keep thinking that. 😉
Danko for le comment njayami 😂
Most SA trader's are gamblers, they have this "lose like a man" mentality. I know because I've met a lot of them and when they hear about how I trade, how I risk manage it's so boring to them, they want big returns immediately lol
That why most of them are no longer trading
Its that adrenaline and the seeking of pleasure influenced by emotions,they have the illusion of knowledge when in reality they're justified gamblers,real trading is boring.
Kak funny lmk
I would have not said it better.
We South African Traders enjoy being euphoric, it is a high peak moment of adrenaline for us
4:27 The laugh and the accent where he said " Thank you Queen Elizabeth " 🤣😭
😂😂
😂😂😂
South African traders are fearless 😂
those guys have two account
one for good risk management
the second for account flipping,for account flipping they sometimes blow accounts
When he said "This is how you trade NFP." , I nearly choked. 😂😂
fr 😂😂😂
That's how many successful South African traders trade NFP, and they are all making millions.
funny part is their prob richer than you lol I know alot of south african traders that abuse the unlimited leverage on the brokers and make 10K 20K on a 1K account
@@haqgeneral ye if their broker dont charge their acc if they fail the trade. Cause if you trade full margin 50 lots and markets goes against you, you go in negative and technically you should own money to the broker. If their broker dont do that, then if they choose correct direction they will make so much money ofc. But if market goes 1k pips against you then youre completely fucked if you have to give Money back
@@jamesradebe3964 untill you go negative, if their broker doesnt ask Money back if you go negative then ye they can make so much money
Risk management is not our thing. Its either win or loose and take it as a men🤣🤣
That's exactly what someone who is not profitable says. With that mindset you won't make it in the long term in the market
That's gambling
@@ARationalObserver it takes only one good trade to change our lifes. So you can't live in fear.
😂😂😂
Glow or blow; go big or fo home!
In South Africa we have negative balance protection, so you'd get a margin call at a certain percentage before going to Zero. You'd never go below zero.
@prod.cheesyflows932 what do you mean a event?
@@digithuman i’m assuming volatile market
We don't need to save the account. We're trying to multiply the account. Don't trade with money that your not willing to lose.
@@charltonmanje7422 You are better off letting compound interest do it's job rather than chasing quick flips.
@@leroylubisi when you research the greatest Forex trader, you'll find out that it's a fundamental trader and not a technical trader. Brokers have no issue allowing you to trade from a technical perspective but they deeply dislike fundamental trading. Why is that? The probability that your going to make money as a technical trader is highly unlikely and when you do. Most of the time its peanuts. Imagine me having a return on investment of 20 percent per month. I wouldn't event be able to support myself on that. The Forex market is rigged. I don't believe in risk management but in money management.
Lol he said thank you queen Elizabeth 😆 🤣
In South Africa We use huge lotsize like there's no tomorrow.. not gamblers when we see a opportunity we go big
That's gambling LMAO,why bet everything on one trade when you know you can compound on a series of trades,if you bet everything odds are you dont know how to trade so you want to make the most out of that single opportunity and fill that void of pleasure seeking to fulfill the emotion of influence,which is greed and impatience,its just justified gambling if you ask me.
@@Assface909 now they call you a hater huh LOL.. logic bru. Logic..
Cool my man lmk
@@Assface909 we fund what we can afford to lose... Or maybe we just trade differently... And as I said, when we see a Good opportunity/high probability set-up we go all in.
@@dracularforex6292 you forgot that most people don't have money to trade..
Most traders don't have $5000 to deposit like in the USA.
We make a lot of money by risking.
Risking got me a brand new car at just 19 years old
so I'm never gonna risk 1% of my account when I can 10× the account in one trade
As a South African I have really been saying they are gambling 🤣🤣
@Phenyo Phakedi how do you apply risk management when you have a massive lot without any distinct rationale on the direction,it's pure justified gambling LMAO.
It’s the new casino for them🤣🤣🤣🤣🤣
@Phenyo Phakedi THEY ARE GAMBLING BRUH THE RISK IS SO HIGH DONT YOU UNDERSTAND THE SENTENCE "THEY ARE GAMBLING"
@Phenyo Phakedi yeah you are right about applying risk management
@Phenyo Phakedi 100,00 on 11 black, don’t worry I’m applying risk management here
Nick is more curious, l can tell, lm sure he's gonna try this😂😂😂😂😂
Haa ndazvionawo anakirwa😂😂😂
This is enticing
50 lot size akomana
😂 that funny as hell
“Thank you queen elizabeth “ 😹
Nick, in South Africa your account only goes to 0 not negative.
South African traders are built different bruv!🤣🤣🤣🤣
😂😂😂😂😂😂
Kamikaze style 😂😂 only for the brave ones big up SA 🇿🇦
😂😂😂😂 For the pioneers.
This is like "GO BIG OR GO HOME" pure gambling
Nope not gambling
Thanks for the washing machine sound effects to add atmosphere 😅
Yea man you are the best content creator
When you trade the news you still read the trend
They know how to trade but they choose the gambling part of it
I love this guy, the reason why its because he loves everyone irrespective of colour ❤
The number of Haters increases when You are excelling !!! . Coz they tried to be at your level but they failed!! These people think they are intelligent than us( this is new world) , South Africa, Ghana , Ethiopia , Swaziland, Zimbabwe etc ( Africa ) , You must be proud of yourself!!!, it is just a beginning , sit and watch us( We are Africans)!! Aluta Continua!!!
🎉POVO NO PODER
we like news in south africa
This guy should be in casino damn🤣👑
Welcome to Africa🔌🌍😎
Risk only 1-3 % have make me stay in trading for more than 5 years now
FACTS
The aim here in SA is to withdraw daily. All you need is one win to set you up for the whole month
Now You talking my language, come in get the money come back next month.
Africa r good at anything, they smart bro
No lie flipping accounts is fun af, not sustainable but i literally changed my life by flipping a few accounts 😹
I think everybody should stick to what works for them. If risking 1% works for you then keep doing it and don't critisize the "gamblers". Most South Africans trade small accounts so it will be pointless to risk 1% of say $50.
Is that "Thank You Queen Elizabeth" for me😂
"Danko" = Thank You
@tradernick I understand the disconnect between SA and the western world when it comes to trading.
You guys have heavily regulated brokers, the SEC and FTC would not allow the kind of brokers used in SA, they just are not allowed out there. That's why difficult to comprehend how this could be done.
This is not TDameritrade, it's not a Bloomberg terminal. You can 1000% leverage on a small account and hedging is allowed, you don't have to be a professional.
Its a different ball game out here, none of the traditional rules of margin and risk apply. Hope this makes sense
As south African we don't do 2% risk
Last week i put stop buy and sell for cpi news
The broker deleted my order
Don’t do this
1:00 That is some wild leverage on that account 😂😂😂
Danko means Thank you
Hi Nick, from what I know, our SA Brokers don't have negative balances. So if the trade goes south, you blow your account, and that's it. Thanks for the review. It was fun too watch. I'm South African too, but this is gambling! My heart and my common sense would never allow me, haha! 😅
@ASHTRXN Yo yo. Thanks for the response. Yeah, like Nick said. "Hey, if it works for them, then great." That style of trading would just never sit right with me.
South Africans live on Edge whn it comes to trading so I guess u are not a south african
When he said “danko” I knew shit is about to start 🤣🤞🏾
We have two types of risk management in South Africa. 1st its percentage based which global, then we have bank account managment. I can risk about 20% per trade from the entire BANK account balance. We move from 0 to 100 very very fast. We help our people go from $50 to $1000 in a week lol. Its happening in South Africa!
How?
@@Block3zero risk a lot the blow or gain
Most of them actually not trade with news they just saying about the news because they don't want to tell people why they enter on that place. I think they only trade on patterns.
YOLO life it seems in the south
Bro what are you talking about. Manipulation can only affect you in a sell position not a buy. So if you 1 2 sell...look for an alternative pair where your desired pair swaps from base to quote or from quote to base.
Ok Nick,let me download this...hehehe!will watch later.
You gonna make so much money.....and you will give it back
This is WILD!!!!never doing this 🤣🤣🤣🤣
Bro really said thank you queen Eleizabeth😂
South Africa brokers......I smile 😃 if you use them ....
Lovely content Nick very entertaining🤣
we say they are gambling but they think they are very intelligent and making money with easily..
Thank U queen Elisabeth 😂😂
My broker doesn't let me hedge. So the old "buy stop sell stop" method is a no go
Its risky but they have accounts where they follow risk management
From south africa. I was just wondering if you knew any brokers that you trust and that I could use in south africa
FxPro
td365
Deriv does not allow below 50% margin. So that your account closes at 1$ eg
Yebo this is how we kill it in South Africa baba.....🤘 Danko!!!
There's no risk management here in SA we just all in on every trade lol
Those method are 100% gambling. Risking all the money over 1 single trade is not my style. I have been on forex since 2013, it's almost 10 years, tbh I also trying this gambling method on 2014, easy money but easy broke too. That's why since 2015, I've been strict with my strategy and here I am on 2022 trade for living.
To answer your question nick, all these brokers have negative balance protection as they call it and leverage limitations as you call it.
You will be shocked.
what do you mean if you knew what the news is going to do, when does anyone here know what the price is going to do at any point with or without news. If you want to trade fast do it, it makes no difference.
Definitely we want to see the video about the guy who use news to make millions 😂
R.I.P EAZY FOREX #SOUTHAFRICA ❤
We don't play in South Africa,We trade big time......Get Rick at one trade or trade for 10 years for nothing
We have 1:unlimited leverage, in exness😂
We have brokers that offer up to 1:1000 and yes you can go negative and therefore owe your broker the money. I accidently left a trade on during CPI, came back to a negative account, it was awuful.
In SA it's go hard or go home
Bro the unemployment rate in South Africa is 40%, we go big or go home no time to take things slowly because things are slow already.🤦🏾♂️
Still wondering Why are they not among the top 10 traders in the world 😒
It's extremely tempting to do this 🤑
VERY risky. Please be careful
Lol get some alcohol in you and go for it 😂😂
The problem is some of these guys trade demo accounts, i've seen a friend brag about someone he knows who's floating about R10 MIllion, in my head i'm thinking why would you float that, close and cash out....we never know the money, apparently he got highjacked and brokers are refusing to give him his money
What is the broker name
In South Africa, you get laughed at when you earn 2% a month 😂. They tell you gonna drink water not champagne
Waters good for you!
Hahaha....dont embarass us bro. But RSA traders are wild
Great review Nick!
Hahahahahahahaha the choose is yours 😂😂😂😂 for me champagne ooooo
better laugh than blow thats is more funny
At least you're more likely to "live to trade another day" adopting proper risk management. Remember - it's a game of statistics
Nick you can't go negative they is what brokers say negative balance protection on you only lose what you deposit leverage can go up to infin it wich is supper risky
trade nfp are double edge sword, if you bet 1 currency spike, you win but also all of you(s) does the same can go opposite, its al about crowd sentimental
There's negative account protection
that 35 lots open had me
The boy was doing the most.rip eazy
Nick, my friend my bro my Mentor, understand this when I say it...he doesn't trade the news for one. 2, TA works like magic down South. 3, Our Brokers give us 1:1000 leverage and also wider spreads that's why most of his entries started in the Red but since the entries were legit they quickly turned into profits
It’s not about scare or fear
Money is money
how do people trade on their phones
What are the best beginner trading apps for aspiring traders?
There’s none , just start by studying from the actual books complete the test and pass then find something that suits your knowledge.
The Brokers give you a margin call when you are say at 20% margin level and your losing trades are closed
You never go negative balance
One broker i use and does that is FBS
And it has a leverage of 1: 3000
That's not trading, it's pure gambling. You can not get a fill with NFP or FOMC, There must be a premise behind any trade, whether its news or TA.
The premise here is simple.......you expect price to move fast in one direction and your goal is to profit if you're trading the direction price takes from news release
What botkers provide negative equity protection? Any advice?
You need to review more South African traders, you only know what you are limited to. You have no idea what South African traders are capable off. Not gambling, but trading.
They must follow more of South African traders, they will learn a lot .
this should not be advertized. i dont even believe those profits are true tbh :D
THEY TRUE
Here in South Africa we don’t play baba go big or go home
He's the Forex broker killer😃
we are unfuckwithable
Nick those guys have even unlimited leverage
it's not in dollars it's in rand ...
Proper risk management is the only way to trade because you have no idea who’s involved in the market to either push your trade higher or lower .