10 Forex Trading Mistakes to AVOID as a Beginner!

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  • Опубліковано 1 січ 2025

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  • @sikwameiliyaSK
    @sikwameiliyaSK 20 днів тому +17

    The improvement in the editing, script, and shooting is really evident
    Very impressive
    Love your vids as always❤

    • @FisayoFosudo
      @FisayoFosudo  19 днів тому +3

      Thank you for this 🙏🏾

    • @sikwameiliyaSK
      @sikwameiliyaSK 19 днів тому

      Pinned comment. Wow, definitely screenshoting this😁

  • @timothychumntan
    @timothychumntan 19 днів тому +2

    Sir please do a detailed video with practical Example of drafting out your trading plan. PRACTICAL!❤

  • @numerigodbless3886
    @numerigodbless3886 18 днів тому +6

    You’ve said it all but trust me it’s so easy to know and mention this rules but extremely hard to follow!!! It takes years and hard work tho🌹

  • @justgottyah
    @justgottyah 17 днів тому

    I'm 16 and considering trading next year
    I'm learning all the necessaries
    Thanks for the vids😊😊

  • @Faruki_tradez
    @Faruki_tradez 19 днів тому +4

    One important thing as a beginner is you must accept the fact that its going to take time, you must LEARN before you EARN, its not a get rich quick scheme. Its a skillset that needs serious DISCIPLINE & DEDICATION in order to master.
    One last thing is do not rush to buy courses from this so called flashy traders "influencers" online.

    • @FisayoFosudo
      @FisayoFosudo  19 днів тому

      Thank you for sharing your comment 🙌🏾🙏🏾

  • @Philipeslucky
    @Philipeslucky 19 днів тому +1

    We'll done baba fisayo

  • @spartan.edits7
    @spartan.edits7 19 днів тому +2

    I don't have any questions,
    Na the money I want 😂
    Nice Video though!

  • @ayobamiokla
    @ayobamiokla 19 днів тому +1

    Definitely, this will be useful to Forex traders.

  • @easyworld884
    @easyworld884 19 днів тому +1

    Nice one boss

  • @Belin.k
    @Belin.k 18 днів тому

    I had the problem of greed and that made me to set my target too high thst i wull have to loose everything in general , over trading: when i often loose , it caused me to trade excessively that i will be so stressed ..

  • @segunajani304
    @segunajani304 20 днів тому +1

    I can resonate with this

  • @bankoleadu9318
    @bankoleadu9318 20 днів тому +11

    The fastest way to become poor is to trade the forex market without using stoploss or when you always extend your stoploss hoping that it will turn back soon.
    If you always use proper risk management, forex trading is the fastest or the easiest way to break generational poverty but it comes with a price.
    That price is called knowledge. It is foolishness to invest in a business that you don't know much about it. Infact, that was the mistake I made when I started. I wasted thousands of dollars before I decided to learn it very well and I really thank God that I did. I later realized that Forex does not require you to have much money before you start but much knowledge so that your little can become great and vice versa.
    Above all, let God lead you in the journey of financial freedom especially if no one has ever prospered in your family.
    Regards.

  • @czahstudios2247
    @czahstudios2247 20 днів тому +12

    You trade too, I'm looking to get a mentor as I'm really interested in learning. Would you be a great honor if you mentor me. Thanks ❤

    • @josevvv
      @josevvv 20 днів тому +1

      Follow ICT

    • @ekelepromise
      @ekelepromise 19 днів тому

      You stay in Nigeria right

    • @ifechukwumaduabuchi6266
      @ifechukwumaduabuchi6266 19 днів тому

      I’m equally looking for a mentor🤲🏽. Currently in my final year in school and will be graduating this coming week. I’ve been doing my research on trading and will love to develop my skills with a mentor🤲🏽🤲🏽

    • @marcusrobinson4305
      @marcusrobinson4305 17 днів тому +1

      He doesn't trade... Even if he does... He's a tech enthusiast... You can't trust his expertise, but u can trust his integrity.

    • @Smyboy
      @Smyboy 17 днів тому

      Check out babypips

  • @CraigJoshua01
    @CraigJoshua01 14 днів тому +1

    I won't lie the video is good and educational

  • @Faruki_tradez
    @Faruki_tradez 20 днів тому +1

    Omo this editing is mad 🔥

  • @Jalden-x4z
    @Jalden-x4z 6 днів тому

    Hello, what wallet can I use to buy in Nigeria virtually from another country?

  • @nwakubastan
    @nwakubastan 19 днів тому +1

    This is a nice Forex 101.
    Keep it up Fisayo
    You are doing well

    • @FisayoFosudo
      @FisayoFosudo  18 днів тому

      Appreciated 🙏🏾

    • @trustee1108
      @trustee1108 17 днів тому

      ​​@FisayoFosudo I think you should do a follow up
      maybe a particular day of the week for forex. That will
      attract more views and provide value. Looking forward to FOREX 102

  • @chimajce
    @chimajce 19 днів тому

    WAGMI IN THIS FX SPACE 🙏

  • @FictionalOasis
    @FictionalOasis 19 днів тому

    I’ve been burned before. But I really want to get it right
    I downloaded octa with your link. What next sir?

  • @gideononoriode1383
    @gideononoriode1383 20 днів тому +2

    Is copy trading all that these people make it?

  • @unclejeje2665
    @unclejeje2665 13 днів тому

    Is forex trading and binary option the same

  • @PeaceVictorO
    @PeaceVictorO 19 днів тому +3

    GREAT VIDEO MAN, ONE EXTRA TO ADD IS TO GET A PROPER MENTOR YOU RESONATE WITH, NOT SCAMMERS AND PEOPLE SHOWING OFF TOO MUCH, DONT EXPECT TO MAKE MONEY QUICK IN THE FIRST FEW YEARS.

    • @FisayoFosudo
      @FisayoFosudo  19 днів тому +2

      Thank you for sharing 🙏🏾

    • @PeaceVictorO
      @PeaceVictorO 19 днів тому

      @@FisayoFosudo my pleasure sir, forex trading is going massive in Africa now, My first experience was a scam in 2019 , i got scammed via instagram and the methods scammers use this days are crazy . I decide to convert my UA-cam channel to share my story as well. Thanks for all the good work you do. God's blessing on you in Abundance

  • @DanielOsamatie
    @DanielOsamatie 18 днів тому +1

    Please I have a question from a video of yours concerning UA-cam payments.
    If I setup a foreign UA-cam account as a Nigerian, when I am to monetize it and verify address and ID, will using Nigerian details for this affect the UA-cam account at all ?
    I had to comment on your most recent video so you won't miss this please

    • @FisayoFosudo
      @FisayoFosudo  18 днів тому +1

      @DanielOsamatie yes it will affect it.

    • @DanielOsamatie
      @DanielOsamatie 18 днів тому

      @@FisayoFosudo thank you very much.
      Meaning my only options are to create the account as it is or to have someone abroad create it for me and verify it as well 💔
      Thanks for your insight on this.

  • @christiannwachukwu8709
    @christiannwachukwu8709 19 днів тому +1

    I've made all these mistakes so far😂
    Amazing video, love the editing.

  • @davidbasil5368
    @davidbasil5368 20 днів тому +4

    Please can you recommend books to read about Forex trading

    • @FisayoFosudo
      @FisayoFosudo  20 днів тому +5

      working on a video about this.

    • @josevvv
      @josevvv 20 днів тому

      About trading Psychology read Trading in the Zone by mark Douglas and The disciplined trader by same author .

  • @solextv3339
    @solextv3339 19 днів тому +1

    Very cool video.❤❤
    The intro to fx I needed, starting the new year with this skill and hopefully am profitable.🙂🙂🙂🙂
    Am covered with the resources made available by Octa.💯💯

  • @AbbahTech
    @AbbahTech 20 днів тому +1

    9ce

  • @toniborjohn6937
    @toniborjohn6937 20 днів тому +2

    That $7.5trn per day, I wan pack half 🤡

  • @YoutubeBlank-g6f
    @YoutubeBlank-g6f 17 днів тому

    One day, you will look for a plumber and you will find none. Everybody is coding, trading, blogging, a UA-camr or an influencer. I weep for our country

  • @omechebruno4618
    @omechebruno4618 20 днів тому +1

    4 th 🎉

  • @MaseyAnalysis
    @MaseyAnalysis 20 днів тому +3

    1st