TRADER REACTS: South African Forex Traders Exposed
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- Опубликовано: 3 дек 2024
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there’s no 10% a month in south africa 🤣🤣🤣it’s 500% a day
💩
😂😂facts
🤣🤣🤣🤣🤣🤣 Tell him, he has no idea!
Tell him my brother its 100000% in a month.
Facts🤣🤣
Thank you for being there MYSTICFLIP when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.
I'm DCAing in MYSTICFLIP as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
What the heck is 10% a month?? Here in Africa we do 1000% a day😂😂😂
We should be billionaires now💩
Meaning before you can make 1000% you will blow 5000%
@@SoundSA_369 that is the way...make 10000usd today.... blow 50000usd tomorrow 😂
@@BakangPrivv no its not...its very possible to double your account in a day...@TempestForex did $10,000 to $1.5million in 4 days and it was confirmed by myfxbook...
You are right
😂
I’m from South Africa and I’m so glad that someone has finally done this. As much as there are a lot of legit traders, there are also countless scammers around. They’re taking advantage of poor and desperate people.
Is forexhub legit tho?
steel for trade????
@Fine_sin_ I am in the financial industry. There is NO and I repeat NO legit signal giving forex company that you have to pay.
You have to pay NO one for signals
@Fine_sin_ I am in the financial industry. There is NO and I repeat NO legit signal giving forex company that you have to pay.
You have to pay NO one for signals
I'm finished from buying useless robots starting from $100. I bought 4 the last one being from Nasdaq Ghostfather which retailed at R3000.
To new traders like myself, i started trading 3 years ago and this year is my first profitable year and i tried everything to become an overnight successful trader and i failed over and over again then came to the realisation that there are no shortcuts to becoming a profitable trader, you will have to put in the time on the charts!! if you look at trading as a get rich quick vehicle you will lose everytime then get frustrated and quit, just put in the time and dont forget to document trades especially the losers and follow up on why you lost
that's it my brother, nothing else, no majic
Likewise started 3 years ago, unfortunately have not yet started profiting, yet have so much knowledge. only up to today that's when i realized it's not the strategy but the mindset. wanted to get rich overnight like in a casino but lost everything while hoping for everything.
Documenting the wins and losses help you remember HOW it happened. Which makes you a better trader. Also, putting in a stop loss is essential.
I know what you mean
I agree with you gents. If I changed my mindset about trading early and not try become an overnight success, I would've been in a different position today. I've learnt to become patient and made peace that I won't become a millionaire overnight.
I started following your channel about 3years now and thanks to you I didn't get to buy all those courses. Your transparency is really helping the industry.
Thanks for the support Aneke
MYSTICFLIP is young. Holding almost anything mentioned here is a good hold because the VHS or Beta will only show in time. I want to hold them early. Its sad that most dont think of these things as good future holds instead of being out of the market and bottom hunting. Are we the adopters or are we scavengers? surely one of these layer ones will become the standard and i dont want to sell any of them too early.
You should do a new video about MYSTICFLIP ! I really like you’re mellow delivery and you seem like you’re very knowledgeable. I watch lots of influencers and you always seem very calculated and know exactly what you’re talking about and understand it. You’re better at explaining complicated things simply, than any other person on youtube keep it up brother!
What irritates me about scammers is that they make those who worked hard to be where they are look bad
You are right, but also most that work for a boss just do not work on their goals to get further than where they are.
Right
Ppl think trading is so easy and after 2 trades you’ll be on a yacht somewhere…lol nah man I worked hard for my 1% this morning 😂
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss MYSTICFLIP
NB. The blue notes are 100ZAR (5.47USD)
The orange notes are 200ZAR ( 10. 94USD)
Yea but I think it's an old video so the dollar wasn't that strong like how it is currently.
I have used this program for several years as my primary investment management tool. Other programs have not had the versatility or breadth of coverage. The customer support is solid MYSTICFLIP
Omfg! MYSTICFLIP turned out to be a bloody smart move. I love love love this. I’m the wrong side of 40 so I’m taking this all on board IMMEDIATELY- thank you! Even if I run out of time my kids will benefit from this incredible education. Thankyou thankyou thankyou!!
I am from Africa from Algeria specifically I have a modest experience in the field of trading for about one year. At the beginning of my education, I found your RUclips channel. I was one of the lucky ones who learned in right way and received facts about this field and avoided the trap of quick money
Thanks to you
Thaaaanks trader nick
Bro not quick money ,, you need more than 3 to 4 years to study and gather resources to know what makes Forex,,,
They don’t buy cars but they rent them and flex like they bought them to sucker you into being scammed
Not only the scammers do it a lot of people in South Africa is trying to portray a better life style
You are jealous
Here in SA we dont do that 10% a month thing, here we do 200% a day💯💯💯😂😂
But it's funny. I mean I'm a big fan on @Nik and it's surprising to see this and some of the traders he posted. Lol but I don't know I'm not Southafrican but I've worked with them personally with my own hard earned money
It's really 200% a day! Mateeeeee . I freaking had 300 bucks and this guy blew it all to 40 bucks and then took it to 10k$ overnight in 2 and half days broooo
Only in South Africa 😂😂
And I concluded they maybe have enough money to take risks but Nik.. it's true , I witnessed it my self.. I have my account history I could email it to you. But like the boom & busters we lost everything at the end 4th day. Margin called.
Okay even in USA, fxalexg does 100 bucks to 3k in less than a month in just couple trades. It's a very common thing! Please guyssss
My South Africans I knew it you won’t miss this one😂
This was superb....... I have been thinking the same
South African traders risk more than you can imagine so to us 1-10% a day is nothing to us 🔥🇿🇦
100% risk 😂
🤞
You're brutally honest Bru... As I speak I'm from South Africa 🌍❤️™️
Nick m jyst pick and crashes everything from our traders because he fishing
Why didn't I think about that? The more screens the more millions?!
It's too easy😂😂🔥
😂😂😂
He actually meant 1 million rand per screen. It's doable.
The guy with a Jeep is called Ref Wayne, he's one of the first Forex Traders in SA, most became traders because of him, he's real to be fair and shares a lot of value, especially on spirituality, he's one of the few that offers tangible value
MANANDO is the G.O.A.T.. He trades the falcon's way.. One of the very few legit traders in S.A. (if you can see it you can't unsee it)
That's one of the reasons I never put myself in unnecessary pressure watching these guys I learn the skills and working on making a living by trading than to pay for bots and so called account managers
Exactly i myself dont even follow them, i only follow Lesiba Mothupi and Tyronbfx , they are tge only sustainable traders i know in SA
Always good to hear your thoughtful and logical analysis. I don't care about bullish or bearish market. Trade a small percentage of your portfolio rather than going in and out every couple weeks trying to time the market trading went smooth for me as I was able to raise over 8.4 BTC when I started at 3 BTC in just few weeks implementing MYSTICFLIP and tips..
The math don't add up when you analyze with European lens but for an African in Africa we have a different approach when it comes to trading. What you call grow , we call flip and we understand the risk associated. The hardship has led us sometimes to trade with accounts as little as 5 USD with big leverage and survived
True
True man...here we're all about securing the most profits...we're not investing we're milking
@@thefreedomproject4777 if it goes their way then there’s the justification how they can afford so many cars from just forex profits
This point with all due respect is absurd. That’s why ppl would never actually make a good enough source of income from it
Let's how long your account last doing that...
The way you just went right into the segment was great. Straight news. Zero fluff. This was one of your best streams. More emphasis should be put into trading since it is way profitable than hodling. Trading went smooth for me as I was able to raise over 10.2 BTC when I started at 4.5 BTC in just few weeks implementing MYSTICFLIP daily trading signals and tips..
Selling just as the video mentioned
@@musaabubakar4971 Exactly 😅
@@musaabubakar4971😂😂
Thank you for ur video on correcting the doubts from the previous video.. Truthfully money is made all over the world in forex trading, selling signals and forex trading tutorial softwares, and i know a couple of young guys in Nigeria who make so much money from all these and still loose money too, sometimes in forex trading . I am new to forex trading and its actually the lifestyle of financial independence and affluence that attracted me. After 6months of struggling and blowing several accounts, i thot it wasnt easy but i finally settled down to purchase and educate myself in forex trading and am now begining to be profitable after 10 months and am so sure that on Forex trading alone, if i invest big, and trade big with the right analysis then i will get the lifestyle.
Ref Wayne, the guy driving car and talking about mindset is clean. He doesn't post lifestyle, He mainly talks about mindset, humanity, spirituality. Since I've been following him I've not seen him talk about his course. His kind is a gift to Africa and humanity in general.
I'm disappointed in this video for including Ref Wayne.
You are right he's very legit and many people heard about forex from him here in south Africa especially the top traders that we know now
Maybe you knew him recently, go see his old posts, Ref Wayne started this flashing trend with other guys back in 2012 but I'm not saying he's bad
@@awethumvelase8244 bro it’s 2022… that’s a whole 10 years my guy come on
That guy ran a pyramid scheme called pipcoin in which a lot of people lost money while he enriched himself. He claimed to be a billionaire, you must be outside your brains to believe that
@@awethumvelase8244 A 19yrs old multi millionaire will of course show you his new expensive car he bought and that's not bad.
Ref Wayne I know is not flashy and doesn't tell you to come and pay for his course
I wouldn’t call them scammers
In South Africa we have many scammers 😂😂
We don't have scammers in SA.We have lazy ppl like you.When some1 gives u signal & it goes the opposite direction,U call them scammers.
Sphanation, join trading and do it yourself then the scammed will be reduced😂😂😂
@@thubybptyltd3899 😂😂
Hey Nick I appreciate your content and honesty, I'm learning so much from you .
Nick really loves his Jeep😂😂😂
Imagine seeing your mentor here lol
😂
🤣
It's interesting to see the difference in mindset from US to SA when it comes to trading. In the US there's a focus on percentages and consistency. Where in SA everyone seems to focus on repeating these once in a blue moon events such as turning $1000 (R18k) to $100k (R1,8m) 🤔🤔🤔
Hey great story, please keep us informed of your journey. Just a thought, I noticed the book that got you started was written by Jared Martinez. Jared is known as The FX Chief, he owns a company, Master Traders Institute ( MYSTICFLIP )in Florida. I am sure he would appreciate your story.
Been waiting for this one😂💥💥💥💥
Simple, reliable, scalable, and consistent - that’s what I look for in passive investments and VERMONTCORPLTD continues to deliver. Mike Flaherty and the MYSTICFLIP team do the heavy lifting, generating competitive returns for investors in the form of both cash and peace of mind
As a Black American trader. We apologize to Africa for clowns like this who judge without knowing much. And then coming up wit his own theories. Keep doing you Africa. Much love and respect 🇺🇸
This guy really doesn't know what he is talking about, I myself have proven more then 1once holding a trade until it is more than my initial deposit and they come telling us about 2% who can make a leaving out of 2 %, these guys are investors and not have balls to be traders
But 2% of a million that's a decent living and if you live in South Africa that's about 400k you are now in the 1% there's prop firms I mean trading is not as black and white you guys make it seem
@user-ut9lf2ni7p you mean R40000
xactly my man !!!
one love 4rm 🇿🇦💪. fxck this naive_b
there are so many fake traders in my country, they ruin the reputation for us legit ones. i really dislike them. their brainwashed fans attack you when you speak out against them or give any sort of criticism
You're not a certified broker either bro sit down
what reputation bro... who are you ...👀
95% of the forex industry is full of scammers. No one makes money doing this apart from 2-5%.How many people can say they've made a consistent income over 12 months. No selling courses or any of that bullshit. Very few. You get attacked by fan boys who're still living the dream though
@@theyassembled why so defensive? you're proving me right. domkop
@@feliciakanenga8994 your dad
The fact that the guy is driving a jeep means that he's financially responsible. I'm not financially responsible. I bought a nice car and still want a lambo.
In South Africa, we make 500% or even 1000% a day. Someone can take a $300 account and successfully flip it to $5000 in a day. And that is how those guru make money. I'm not saying that there aren't scammers out there but the aggressiveness we have in the market here is really different to be honest. A guy will open 15 lots on Nasdaq and that's how they make the massive amounts of money. Of some of those traders in this video, some are genuinely making most of the money they flash from the market. Those people who spread heavy allegations about them being scammers are sometimes and I quote sometimes their students who got into the game thinking that they wouldn't have to put in so much work into the charts, who weren't self driven and people who heavily relied on signals and account management (the 95% of failing traders).
Reading the comment from my african brother who said "1000% a day" is eye opener for me. I do not know if this a joke or not but, back in 2016 when I enter forex for the first time, I'm also those trader who got lucky on the first trade and make my 100$ to 2000$. But then I realize after so many loses that trade need money management. In 2017, I start forex seriously with 1000$ and make a target every week, like 5-10% a week. And thank God I have 90% of my trade are profit. Some of the profit are used for invest on other place. Please, risk only 5-10 % of your fund. 1000% or 2000% a day is a gambling.
Please share your strategy
I understand bro but honestly I’ve been in Forex for like 5years now bro and I can still tell u that I have encountered so many things in Forex bro and apart from small trading and i personally can tell u this and believe it or not there was also a time I traded $1,400+ to $27k in 3 days without gambling bro I can swear over it, if u want me to, so please stop saying is a gamble, I personally knows how much I was making in a in a single week when I was trading with $10k account
@@arcnwogwugwuemeka2182 He won’t bro, many of them don’t
We gamble into R1000s of Rands like today we killed that USDCAF
@@nkegoaekokobe1866 why should he bruh, go and learn your won heban. there's free materials and software on the net go and learn and stop depending on others to baby you.
I know one thing the risk parameters are quite different in south Africa they use brokers that allow insane amounts of leverage so they can have little capital and be able to make losts of money but this is not sustainable because of the gambling aspect of it... Thats why you see them creat courses and do alot of marketing...
🤣🤣🤣🤣🤣🤣South Africa is a whole vibe🇿🇦🇿🇦🇿🇦🇿🇦🇿🇦...."1 million here,1 million here..."
😂👏😂❤
I'm from SA, here they risk 100% to make +500%, it might look like high risk but they just fund with money they willing to lose, to others it can be a stop loss money, it's basically the same thing people don't understand that flipping $100 to $500 is like risking 1% in your & 10k account to make 5%.
The reason they flip accounts is because we learned trading from funding with $5, we come from disadvantaged backgrounds we don't have lot of money to fund, so risking 1% in $5 doesn't make sense that's why they flip it. There are scammers though in SA like everywhere else. Don't trash talk our people like that without knowing them. Lot of these guys inspired a lot of young traders.
Thank you, this is something he needs to know. I have seen someone take $5k and turn it into $76k in a day. Then he lost $15k and then gain another $40k. Cashed it out and it is all his. That is the type of trading used for people like us who didn’t have $100k starting capital and talk about 10% a month.
It< makes sense, BTC and crypto is off helping to regulate, rather than pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 7 btc and 15ETH from day-trade with MYSTICFLIP Crypto in few weeks
RUclips should allow us to comment with pictures 😂we don't make 10% this side we go straight for 100%+
😂😂Facts💥😂😂if you use 10% per month it will take you 10months to double your😂😂💥like my guy that's very less
Hey Nick I'm from Zimbabwe. Some of these people are scammers however in Africa we don't trade to make 10% we deposit those 1k or 500 and it's doubled or tripled in a week or so the situation is so bad that it's either you blow or make money. Another point to make cars in Africa especially Zim and South Africa is a luxurious good no one can just buy a car. Anyway I liked the video laughed in between it. Keep it up
So true brother
Well bro, its possible to make millions in South Africa..I mean yesterday nick u made 10k trading CPI yesterday...that's like 181k in SA
Honestly I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps,narrowly avoiding a long-term bear market. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 12 btc from day tradng with MYSTICFLIP insights and charts.His been one step ahead of other analysis..
Have been using this company with a Stocks and Shares MYSTICFLIP Have to say to date not a lot of interest has been added. However I have been informed that this type of investment is for the long term. I am going to give it another 12 months to see what the outcome will be then. On the whole an easy app to use and they do keep you up to date and informed.
12:02 did he just call himself the Elon Musk of forex...
🤣🤣🤣🤣🤣
ELON MUSK OF FOREX SCAMMED MY FRIEND LAST YEAR, NOW MY FRIEND HATES ALL TRADING ROBOTS BECAUSE OF THAT ELON MUSK
Pholoso,,, it’s a shame seing how people are busy defending these guys,,, shows how sad and gullible some people are, worse when it’s out SA guys,,, go and comment on any of his posts and ask him to show you just 1 people who became not even rich but makes decent money from his Robots😂😂😂 before he deletes your comment his goons will be saying how much of a Hater you are
Hi everyone,I'm from Nigeria,, one thing I know for sure about some of my brothers from the south of Africa is their ability to go full margin on a position,,and they like cfds a lot,,these guys can trade nas100 or US30 and go full margin on a position you won't even risk half a percent and their losses are dramatically very small, i know a good number of these guys are scammers but I found just two of them I relate with, like lesiba and fx goat, I like their practical approach
Swrs....u said it all
Exactly. I know atleast FX goat are legit.
Even is better than them all
Fx goat, lesiba and Bandile are legit
And Ref Wayne
As an investor I am constantly searching for solid investment opportunities and the ones presented by Mike and his MYSTICFLIP team always rise to the top. I have invested in seven MYSTICFLIP multi-family projects and each has met or exceeded Mike's well-calculated projections. Mike is a conscientious investor who maintains discipline in his underwriting and his strategy, to which his success is testament.
Yes bro, it is South African money, the blue notes are a 100 South African Rand and the orange notes are 200 South African Rand. The conversion rate from 1 USD to South African Rand is R18.62 = $1. The Forex Scams are very common in South Africa, so I found this video very comical, because it is not abnormal in this country. I do however know many traders that are very successful in South Africa, but these guys aren't it. Great video as always, thank-you!
forex trading is not even allowed in africa......
not ever since the prime minister got scammed
@@valtter1234 You're wrong sir/mam.
@@atli2721 no i'm not wrong. i know person who needs to do many tricks to get cash out. if you don't get cash out from trading i don't think if anyone is interested of your hobby
@@valtter1234 You could say certain countries in Africa, but not the whole of it.
Uhm i hate to break it to you but I make on average 20% sometimes 40% per day. So 10% for a month isn't really difficult 😕. I'm really struggling to understand how 10% a month is a difficult thing.
Carry on with this and you will buy your country in 5 years
😂Me too I can't relate 10% a months 😂😂it's like it will take 10months for acount to double😂😂
Next day youre down 80%
These people doesn't know how to analyze they just buy and hope ,that is why they making 2% we know the game and we excel
I think it depends on type of trader and style.
if you got $100 it's easier to make even 50% per week but with a $100000 account it's going to be harder to make even 2% a week.
high risk has the potential to bring in high returns , someone looking for higher retruns must take high risk and one who wants to avoid risk must expect lower returns...we have big accounts but we have other accounts where we go full margin and thats why we have the potential to make 100% X 10 a month
Legend
This is a very misinterpreted perception of the markets my guy find a strategy which yields high reward with a low risk..... And focus on proper risk management ..... Trading is a process not a rags to riches story
How to blow your account 101
@@Glitchmbae bullocks
Being south african i just can't trust any of these so called forex mentours ....including any of these south african brokers......
Yeah
just from logical point of view, if you're a young guy found the strategy to make you millions why give it away?
Most of these guys that sell courses and signals are making their money from those sales rather than the market.
No one is going go give away their money making ticket, not for any price u less it's a $100m or $1b
MYSTICFLIP has been an invaluable tool for me to keep track of multiple brokerage accounts each holding numerous types of securities. It has allowed me to maintain a comprehensive summary of assets across all of my accounts
South Sfrican Traders make 100% - 1000% account increase a day. We trade differently this side. You'll learn from us.
Nah man ...i once took a 2000 rand real account to 15000 rands in one day..
This thing of making 10% a month is all cap to me...its just depends on the way you trade
True💥it's all about what you are comfortable of losing💥
If FX traders out side of SA are making that little a month...it means we have the best Traders in SA coz here in SA our guys really milk the markets..and they do post their withdrawals..
True tho..we make 1k a day on just a R500 account🤣
@@Towdy0351. majority lose money, 2. those that make money blow many accounts before and after making money.
You got lucky but that don't mean another dude with R500 is gonna flip to 15000
I sincerely appreciate the work you've done and the knowledge you share. Technical analysis can be helpful, but I think It is quite puzzling that well-known cryptocurrency RUclipsrs just pay attention to pure T.A and entirely ignore the bigger narrative of why BTC is inflating and why the outlook for the future is even more encouraging than it seems. Ignoring the reality that each ETF launch to this point has caused a sizable decline from BTC highs is somewhat dangerous. We were already in a perilous position and only survived a protracted bear market due to historically low volume and nearly whale pumps. Day trading should be given greater consideration because it is less affected by the market's situation. trading daily with MYSTICFLIP I have earned over $ 12BTC using his insights and charts. His insight has always been a step ahead of others..
I've seen RUclips traders loose more trades than South African traders.
trading depends on the trader . The more the risk the more the rewards. if u cant make 100% per month that doesnt mean someone else can't make that.
Well said bro
I literally watch all of your content. I believe I can succeed following your advice and wisdom. I want to make 30000 every month lol that's what came to mind but Honestly. My main Affirmation is , I Am Self Employed, and everyday my company is getting Stronger. That's honestly the first step walking away from my 9 to 5.Forever grateful to MYSTICFLIP
I bet you don't even have a trading account.
I am a South African 😅 it’s hectic this side. 😂😂😂😂
😂😂😂 same here in kenya
Fact😂@@jungleb3atz70
As an individual investor, I haven't found a better program for monitoring my various accounts and is MYSTICFLIP invaluable for keeping a running account of dividends and cap gains - so critical to one's estimated tax payments and year-end tax planning
Not all are scams... 😇
10:00 while saying these things you totally forgot that 10% on a 2m funded account is a 200k month 🙈
The guy at 8:13 is an actual successful forex Trader, him and his brother post a lot of their trades live and have made pretty in depth trading courses lol. Nice guys
True that...They real traders I know em!
@@nwillyiizy8405 Hahahaha ... Hilarious
If they were successful at trading there would no need for them to sell courses
@@manqobakhumalo143 1. That makes zero sense lmao 2. They teach their strategy on their youtube channel for free in less detail, and I became profitable using it 3. Please do research before speaking
Wa hafa wena the FX Goats are a bunch of scammers.... I can proof that....😭😭😭😭😭
I totally agree with what you are saying ....
Although< I have interests in global economics I don't watch the news anymore... I have enough FUD. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over £728k from day trading with MYSTICFLIP Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish....
I let someone trade for me who worked at a large bank and inevitably I lost everything in covid season Its not his fault individuals cant compare with their money he has literally like 7 million $ just sitting in fx accounts to be moved around in case of emergency
recommended leverage size??
Here in South Africa most of us flip accounts daily/ over leverage
I think you mean to say most of yall blow accounts and flip account, when it comes to leverage blowing an account is inevitable as flipping an account and ohh yall are flipping $5 to $100
Am from Namibia, neighboring south Africa. I've been telling people for a while but they didn't believe me. Now it's my time to sit back have some beer and enjoy the "told you so" moment.
In our country, the show is just getting started. I pity those who are blinded by the social media lifestyle... been trying to warn my buddies to stay away from these forex influences but oh well, let's watch how tears flow😂
Yeah Nick. Im a south african and been following your videos for a while. I gotta say, Our style here of trading get rich quick time and i'm not a fan of it. I've had very profitable strategies but terrible trading plan that fucks up the psychology. I know all these guy on this videos and they good on market but with this quick money approach they dont get their money from trading their forex accounts. They blow accounts
I have the same wallpaper on my Mac as this guy... 1M for me too guess lolol
That must be the secret to success!
The average risk in africa is like 10% to get 100%-500% all the course you'll find will teach you to trade within that range
Nick in South Africa we trade differently, is normal for us to make a million dollar within a minute so you don't have to tell us what you think. I think you should make a research about how different people from different parts of the world trader and learn from them. Don't limit you ability to learn, always remain teachable Nick.
Why doesn't the world know your name if you can make 1 million dollars in 1 minute?
😆😆😅 I'm South African and I don't know anyone making a million a minute from forex stop embarrassing yourself
Lemme guess yall are probably over leveraging on high probability trade close within seconds ?
@@sanelemazibuko6977 Nah, he's never made a trade in his life. No legit trader would claim to make 7 figures, in basically the same time it takes him to tie his shoes.
@@tatenance8785 i'M SO PROUD TO BE THE ONLY ONE WHO KNOWS THAT I'M ABLE TO MAKE A MILLION DOLLAR WITH JUST 10 PIPS . SO WHETHER YOU WANT TO BELIEVE THAT OR NOT IS NONE OF MY F**KN BUSINESS. Why does the world does not f**ckn know my name? Is simply because I do not wanna be f**kn known, that is not my style.
Nah, Nick. These guys are legit..I stated my trading by watching their videos and your videos too Nick..I think the person who made that video was critical of them and does not really know them.
They are normal people. They use very high margins when they trade.
In SA we don’t play like that mate. We go in hard and true. We risk what we’re prepared to lose. If i fund $100 dollars i go full margin. 5 accounts i can blow 3 but the 4th one I’ll make thousands. We don’t expect you to understand though, its the SA way 🔥💯
Basically betting chief
Use brain and technical analysis for trading not go hard and true
Excited for this one🔥🤣
I am one of those who scammed by Classic Forex Trader in South Africa.
Whatever the mind of a man can believe it can achieve.
Simple
Please some of them RENT these cars. Nobody buys a car like that, to be honest... NOBODY
real traders are deep thinkers and don't talk much.
real treader is not marketing that sells services.
real traders make money from chart analysis not from talking.
the sophia robot guy is just a marketing genius🤣🤣🤣🤣, i here i million🤣🤣
I'm glad that my country is soo famous like this 😄
I really like you Nick you are my inspiration all support from Zimbabwe 🇿🇼
"I can buy some cars" lol slight flex🤣🤣🤣
nick is clueless about how we trade in Africa 😂😂😂, I can personally grow my account more than 200% to 350% in a week but it doesn't happen in every single week .... some weeks turn out to be a bad one for me 😏👌
Although< I have interests in global economics I don't watch the news anymore... I have enough FUD in the crypto markets lol. Thanks for sharing this news and offering your insight on how to navigate crypto during unfortunate times/events like this. You're right about keeping level headed when investing/trading so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present gives me just enough to know what's going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 23BTC from day trading with MYSTICFLIP Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish..
MYSTICFLIP is incredibly easy way to track your investments, dividend income and cost basis for tax planning, a very intuitive tool
10% a month doesn't seem very good. I'm using proper risk management (0.7 - 1% per trade) and I'm averaging 10% a week
You're either lying or on the verge of blowing your account(s)!
@@johanwiehahn5101 how is that lying? 3:1 a few times even accounting for losses isn't out of the realms of possibility. Seems to me that you've been told it's impossible so many times that now you believe it
10% a week is unsustainable, but good luck with that...
@@johanwiehahn5101 I'm genuinely curious to how this is unrealistic. If I take 15 trades a week (3 a day for 5 days) at 2:1 RR with a 60% success rate (9 wins 6 losses) while risking maximum of 1% per trade, that is 12% gain a week. Is that really an unrealistic set up?
OK, maybe I'm just "difficult", having been a funded trader (with FTMO) who passed the Challenge and Verification in under 15 days only to lose the Account (25K) later with bad risk management...😵 Are you a funded trader?
Great video Nick....
Knowledge and experience shared benefits everybody in the trading world....
Tbh,10% is for big account size mate, you can't survive it with small account size buddy....big up✌️
Some guys are so naive and still defending these scammers calling them legit. It's weird how their mind works.