Started with $10 accounts & overcoming TRADER'S BLOCK | Lethabo Malete | Market Masters: Out&About
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- Опубликовано: 10 июн 2024
- Topics Covered in this interview with Lethabo Malete
- Getting a job to fund her account
- When forex wasn't working and how she got through that time in her life
- Difference between Trading Psychology & Market Psychology
- How she started trading with $10 accounts
- How she deals with Trader's Block
- What the true darkside of synthetics is
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Lethabo Malete
/ leethabomalete
Nqobile Tembane
/ nqobiletembane
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00:00 - Intro
00:54 - Opening Remarks
02:07 - Finishing High School
02:27 - First time hearing about forex
03:22 - Finding information
07:32 - Knowing that forex was the only way
08:31 - Getting a job to fund her account
11:24 - Forex wasn't working
14:18 - Trading Fundamentals
15:55 - Different environment
16:15 - Finding out about Crash Boom
17:43 - Psychology is better than strategy
19:00 - Market Psychology
20:43 - Nasdaq is not fast enough
21:38 - $10 accounts
23:49 - The true cost of getting it right
25:30 - How to deal with set backs
26:10 - Overcoming Trader's Block
30:25 - Crash & Boom Mechanics
32:25 - The darkside of trading synthetic indices
33:00 - Biggest loss & lesson learnt
40:00 - Life changing withdrawal
41:40 - Best Trading Advice
#LethaboMalete #MarketMasters #toptradersa
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when things are working out for you dont label others as being lazy cause we’re all here trying.
Not everyone is lazy but you do have alot of people who are comfortable in their comfort zones. I think we need to just ignore things that don't apply to us at times
Its not meant in a wrong way but to evoke that push in people. Maybe you pushing but you need a breakthrough to come
@@uncensoredreasoning1012 seeing me looking like im in a comfort zone doesn't mean im on the comfort cause the way you hustle is your way not ours. People must bounce off peoples business.
@@christinachriativescreativ7662 i agree with your last sentence🙏
I don't think she is referring to you as u said you are not lazy. There are lazy people who need forex out there i know few in my location.
after years of blowing my account RUclips helped me learn a lot finishing my degree and more profits everyday for any upcoming fx trader learn the basics find mentor in RUclips you wont fail even when you blow your account several times don't quit improve on the losses. rather trade on the low without anyone's knowledge because if people know what you're doing before being successful it can affect your mindset when trading hope this helps someone out there💯💙
Which mentor would you recommend
Thank you ❤️
One thing I loved about her: Honesty and simplicity
This is my story exactly except I didn’t use a mentor.... it took me 2 n half yrs to figure things out..... dont give up stick to what works and scale up
What pairs do you trade rose?
@@ericwriter4901 The majors, Gold and Nasdaq
@@ericwriter4901 if you are struggling find one pair and trade that.... you will see a major change.... it will help limit overtrading
@@roserosie8359 Thank you about finding one pair when struggling
Hey Rosie, which broker are you using?
As someone who is from Pretoria and learning forex right now, this is inspiring and she’s young. Love it for her.
I ain’t giving up each time I loose I learn I ain’t stoping there was a reason why I started in the first place
Yes sir do not quit
True
I like the fact she didn’t filter Anything, she’s just raw and doesn’t fake information like some of the traders who make it look easy ❤️❤️✌🏽
She's honest about her trading experience, I love that.., It's Great interview & kinda fun to watch
It was always worrying me that I wasn't seeing ladies in this industry... just a few days ago we saw Kyra .... I just got encouraged ..I'm not giving up and I'm really glad we finally coming in as women❤❤❤❤❤💯💫❤❤❤
DON'T GIVE UP NATHI AS GUYS WE WANNA SEE MORE WOMAN IN THE GAME. WE WANT YOU UP THERE SISI
Thanks for this show. I like her honestly. The part about greedy really hit me. People have thier own opinions about trading and it all comes down to doing what works for you. What works for others may not work for you and it doesn't mean you are wrong, just follow your own personal rules irrespective of others opinions. I give her a thumbs up. SHE'S VERY VERY HONEST👍👍👍👍👍
It's sometimes sad how our families are quick to discourage you, when they dont see you making millions within the first month of trading.
first five years of trading for other people
and we never give up and we don't care what people say
It means you don't know what you're doing if you can't see where you went wrong and fix it.
Trading money is difficult if you don't have strategy and knowledge.
We shall persevere
When I started my family was supported. When I lost R130k on a trade due to poor risk management and fundamentals, they started doubting me for a while. They now know the potential. My brother’s iPhone got stolen and I tried to track it and go fetch it. They told me not to risk my life. I can make one trade and buy a new one for him lol.
Most people do not make millions trading. They make money selling courses and signals. The millionaire traders I know aren’t on social media flashing their MT5 profits for everyone to see. I personally know someone who made over $15m from trading over his career, but it took long to get there. And he used his salary to get there. Consistency is key
I really enjoy your interviews Nqobile. You are so down to earth making everyone comfortable around you.
"THE FACT THAT IT WAS ABOUT MONEY...I WAS ALL IN" 😂😂😂DANKO
Bro, great video... The chemistry between you two😂🔥
She is truly a role model she didn't fake or lie she's real
Yes
Her story is more relatable to me... I so much find her journey process so encouraging.. have always coped same way..watching more videos after blowing or a loosing streak
trading is not easy for we the beginners but we will get there.
29:26 funny how I get out my traders block by watching videos on your channel. It is inspiring please keep doing this.
Brilliant episode!! Thank you ❤
I love her and her honesty
i love her honesty
Guys keep up the great work with the content that's inspired many up coming Traders to show the world
Before this year end I will be here🔥💯
I like the fact that she is being honest
I like this girl because she is honest about everything she doesn't seem to hide anything like other traders does
She's a scammer lmao..she got exposed not a few days ago bruh..she's not honest
@@DroughtFX what did she do? 😱
@@Herculiz22 her mentorship is a scam...she says she'll do 1 on 1s with her clients but she never does and finds excuses to avoid them...once they have paid she completely ignores you and will eventually block you...go and search her up for getting exposed on RUclips and watch the vids ( I like the colored guy who exposes forex scammers his name is ridel or Riley or something like that)
@@DroughtFX proof or it didnt happen
Really hurts when you a beginner like me I dont know whats shotting😢😪 that traders block thing is so real
Akeo thuse njk I'm already advanced you can help me grow as well
Don't call me diehard for nothing....you really motivate me.....
I'd love to be here on the interviews One day but I'm still a beginner
Prepare my space I'm coming ✅💯👻
Excellent!🔥💯
Is so encouraging to hear someone from my own area Mams Mamelodi ❤
Wow very inspiring, she's so real hey, good to know someone coming from Mams killing the markets, also going through a lot of learning after blowing a lot of accounts
I like her … Very Real !!!! “I’m Greeeedy” …. Good Good !!!
In these days, everyone is a Mentor!!! Where are traders who make money with chart?
Very good interview. Wonderful guest, keeping it real.😊
Lethabo's a comedian 😂
Much love for the team
I can resonate with her struggle. her honesty about getting it right in the market is amazing...Bless her
Great content. Thank you 🎉❤
She still has A LOT to learn.
What a brave woman. Very insipiring
well shez so honest her experience is relatable. Watching from Uganda
This interview had me laughing all the way. I love her honesty and approach to the markets 🤣🙌🏾
Beautiful interview .. I like her transparency and honesty .. she's going far.. bug up lady :-)
Reachout
I like her
She's genuine
um a namibian but SA traders are the number i look up to
Huge move...keep it up ngwano straight 👆 up
So honest. I felt the crying part...
she was crazy she was just determined
forget bout forex guys...the hoodyyyyyy damn man💯❤🔥💥 🙌
shes so real i love her top trader💪
Good One. Good job Nqobile. 🙂😂🙂🙂she has a great personality
I love her vibe 😂😂 She's so relatable
If you related to her then just know you got progress
Ohhh woooow Lethabo I am in love with your story darling...I Have Been Following You It Was Good Idea Indeed!
This lady she genuine no filter and she is talking about the reality of trading
She came a long way
Very smart
Top Trader SA is well known for interviewing people that are super rude to their clients, this lady was swearing at a client on mobile Forex channel
youtube is the teacher
Thanks for the reminder "don't be lazy"
I like the fact that she's honest
She's a big time scammer this one
@@theone2487 were you scammed?
@@candyKane117i My cousin was scammed
Dope interview lethabo is killing it... And damn she real cute 😍
I love her, which videos did she watch? The channel
Her honestly🔥
The only strategy i have is I'm losing so I can win consistently because this losing consistently sucks 😂😂😂 but you learn something new everytime you lose.
I'm trying to find that video. Is it the Cost, the Cos, Kost, or Kos? does anybody know? Great interview!
Nice interview guys, forex take time sometimes to sink to mind, sometime even if I see a setup but not sure I end up blowing account that how we learning to trade, only people with a good vision.
Reachout
Imma get profitable or die trying
Speak it into the universe
Facts
She doesn't have the mindset of a trader, doesn't have the discipline it takes to become a successful consistent trader and doesn't use risk management to protect her initial investment and a portion of her previous profits but somehow she's a "mentor". Forex is not gambling, a whole career can be built from trading if its treated like a business and not a casino.
Facts 💯
But check her results. She’s not gambling. She is really good. Most guys are good in talking with no results but her she very good 😊. Go check her Instagram
Gambling ya hae ya bereka that's all I can say 🙌
Shes learning for herself rather than taking other peoples lessons. Experience is the best and shes learning that way by herself, shes gonna be great!!
These stories inspires me alot helping me understand hoes does this journey works.
Please share what course she watched on youtube that helped her get better.
Great content indeed. I really relate to Lethabo because her story is very similar to mine. How do we find her or get into contact with her?
If you are a struggling trader, you need to start trading micros. Trade nas mic, us30 mic, ger30 mic, You'll never go wrong. The drawdown is much better,, you place yourself at a really better position to protect your capital.
Which broker would you suggest?
@@lelo4479 check out RCG markets
@@MaTT-ovi thanks
Hey thanks for this story and was requesting, could you share us some of those youtube links that one can watch to some of us who are beginners in the forex trading journey
what she went through is what i am going through today
Am suffering 🥺
What about now
Bring us Ricardo Sunnos on stage.. that guy is Beast!
One day imma be on here!!! 🔥🔥
Learn Elliot wave....Thank me later😎
You will✊🏾
Thank you for sharing….
By sharing knowledge, the whole world benefits….
University of ‘Google & RUclips’ are amazing sources of good, positive, & valuable information….
Find your ‘edge’….
The world of Forex is ideal for fresh minds to find new ways….
Just remember, it takes LOTS of hard work, commitment, concentration…
Keep posting more videos & interviews…
Psychology is important whether we like it or not😅
She is so real and honest I like her
@TopTraderSouthAfrica , Hi Lethabo , I wanted to ask you what was the title of the 13 videos on trading or channel name you talked about?
When you trade like you need money today, you will need money tomorrow.
Great video you guys are doing great kindly let me know the 13 videos you learnt from RUclips, really want to learn this, thanks alot
Thank you for motivating me once again Lee. I learned to never give up.
Why don’t you guys interview struggling traders who are not millionaires yet?
This hun is a struggling trader bro
@@MaTT-ovi I hear you, but I’m talking about someone maybe with 5 years’ experience but still hasn’t manifested the results of being a hard working good trader, someone maybe who still blowing the accounts yet to feel how is like to spend forex money.
Isn't it because the channel is literally called "Top trader"? 🤷♀️
@@feliciangwenya6144 Okay, but most interviewed traders here are the middle ones doing okay not that they are top.
U need to fix the sound mate, thanx for the amazing interview
timestamp?
which course did she use?
Which course did she watch on youtube?🙏🏿
This was a nice beautiful interview I wish it was an hour long😭 she's good peeps🔥
Great video but I have a question about opening more position at the top and less position at the bottom what does it mean 😫😫😫 are you referring to bullish or bearish market or referring to support or resistance level to determine the top and bottom???
Please I need some clarifications
In any direction, your entry point should have more positions than the one ones you will add along the way for just incase the marker reverses you will be safe.
@@philangezwiway6787 I understand you are talking of scalling in but I waited some clarifications about what lethabo said in this video That's adding more position on the top and less on the bottom
can you suggest which channel you were watching videos?
The swag academy
TraderNick
The trading channel
ICT mentorship
What videos did she watch on RUclips?
Does anyone know who is the trader she was watching on RUclips?
nice video
Thank you 🔥💯
Plz do classic Forex trader😃
Please interview Katlego Forex Queen
Guys I love this❤️... Tjo owryt so guys... I have a question... Is it possible that you ask each n ever trader that comes in ther to show us "viewers" his or her strategy.... I am 100% sure they won't loose anything by doing that... And also the podcast will be more interesting 🤞🤞🤞🤞
Which books did she say she's using?
Withdrew the money... first thing... McDonalds LOL Epic!!!!
She's real and true
Nqobi bro as always, Good content my Gee. I appreciate you brother🤝🤝
Big up🔥💯
Nqobile is feeling this hun. They would make a good couple though
Yeah😂