TRADER REACTS: Watch Forex Traders Blow Their Accounts (PART 2)
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- Опубликовано: 19 сен 2022
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The guy that blew R4400 is speaking IsiZulu, basically he was saying "omg, my school funds!" 🤣😂
As a Ugandan
11 M UGX is actually insane it’s the equivalent of 3300 USD
But that was painful to watch
Why am i always seeing South African traders blowing their account videos lol
Here we do high risk high reward..it has made many millionaires
@@stilloutside that is gambling not trading
Says a lot about us🤣🇿🇦
Because there’s more piplords there lol.
Because they don't trade they just gamble😂
I'm from Uganda, that guy with the UGX account has made my night...😂😂😂
He gets offered a loan soon as he blows his account 😂😂😂
We get spammed alot of those texts in this country it's like they know we need the cash 🤔🤔🤔 Sus 😎
4:25 he's speaking Zulu a south african language😂😂he was basically saying take notes guys
ONE OF MY ACCOUNTS SEEN IT WAS THE ONE OF UGX 😂😂 I CANNOT FORGET THAT DAY
I couldn't help but laugh at the crying trader.
Ah yes, these videos are awesome! I think if you are a trader than you have experienced what these people are experiencing in some form, maybe not so extreme but the emotion that runs through your body seeing your hard earned money blow up in your face in an instant is almost without words. What can we say, misery loves company and we can all have a little chuckle/cry knowing we have been there once before and had to pick up the pieces and start all over.
I'm watching this after blowing my account 😂😂😂
Thanks for this 🤣😂
Minus Balance? Or 0 balance?
Whenever I lose a 200 dollar option on the stock market I look at these to make me feel better
We like them because they are great lessons on why you should not be greedy
His network service provider was telling him he is qualified for an airtime loan after blowing money ...damn I don't know why people just want to gamble money they can't afford to lose... What the hell is wrong with people
"You keep on Holding.....You Keep On Holding.."...Brutal
I live in SA where 99 percent of these videos come from. It's the brokers telling people they can change their lives with 0 training and investing everything they have. And these are people living off less than a dollar a day who have saved up or taken a loan which as you can see banks happily give them basically enslaving them. I need to start a training business here and start to spread information about unfair business practices. I try to inform people but I am only one person and the whole country is desperate. :(
I believe in you brother! Save the rest!
Same here I believe in you brother. 💜
Keep them trader reacts videos coming
I really love your videos Nick. God bless. I learnt the hard way. Now I trade single and I use proper risk management and it has been paying off. God bless you bro
i love this new series
Yessss! I love this series! keep doing them!🤣
This is so uncomfortable to watch... We loved it! 😂
I can’t even say use stop looses, trail stops when in profit in high volatile indexes, and take partials. Because with such overleverage nothing will help, 1)during high impact news their tight stops will not work, and they would be filled much, much worse than they originally put their stop looses, and cause of over leverage any extra tiny move will literally kill their accounts, 2) If some of them woulda taken partials when they could have, or trailed stops in profit , they would loose their accounts very soon regardless. One mistake , and your account is just gone, nothing you can do. The point is, over leverage is pure gambling, it is not sustainable for the long run.
“I’m rooting for you man!” Knowing damn well what’s about to happen 🤣
The guy @3:29 is my friend martin from kenya. we were trading the cad interest rate and there was cpi news on that day that made the market oversold before the boc interest rate news. This was in 2021 july14th. He recovered this money in octobers boc interest rate news and even bought himself a new car. What a legend!
This video is very helpful, I am a beginner who is still learning in the nfc community.
Thanks for such videos. It reminds our mistakes too & encourages to follow proper money management rules. 👍
there's no other more exciting videos than these blown accounts
Just as a point of reference, 11.000.000 UGX = approx. 2880 USD
keep it coming
I love the way u add entertainment to our learning... We learn also to manage account while laughing
4:23, The language being spoken Is called Zulu, one of South Africa's 11:' official languages
Love these!
This videos are 'world class' that feeling if you've been here at that moment, it might be deep mid winter but the body gets hot like a furnace,
" we dont rise on our expectation but we fall on a level how we train"
Yes USTech is Nasdaq... Such video is good example to make psychology strong.
I'm gonna watching that video every single day in the morning to be wise while taking a trade
im from south africa so this is normal on social media, it is gambling, they have no idea how to trade
"You keep on holding"🤣🤣
We love these videos because it's the same reason why we can't stop looking at train wrecks.
4:25 He's South African, that a Zulu language. "thathani ama notes" means Take notes
That man Crying at 6:20 was my soul in 2021 😂
Now I have endured the Moodswings better then a School Girl. 😂
What is the best broker for trading ZAR as me in different country
hello trader nick i would like to inform you that zar is south african rands 1 dollar basically = 18 rand
These videos make losing a norm and helps with fear when trading . They also point out that , u re not alone😂😂😂😂
The first thing you need to learn in trading is how to manage risk.
this happen to me last CPI news
Bruv Trading in pc can be helpful to close these fast markets...
, It's so easty to close all orders.. (bulk operations)
hmnn!... my losses are nothing to their losses, i have probably blown my account more than 10X...
This is scary😢
Nick, you need to make those videos in slo mo
That Nasdaq kills😂😂😂 thats a south african language Isizulu
isiZulu is the language on 4:20 that is being spoken🤣🤣🤣
we laugh cause we all been there
Thats a ZAR accunt at 3:00 . 500ZAR meaning its around $30
Keep reacting nick
Hi, can you also analyse a demo trading account with their report history and explain if it is gambling or not ? If yes, then I would like to send my report history and would like it being featured here with a real critique of my trading and all possible losses that I may face, if it were a real account.
That's a great idea.
he is speaking isiZulu, the most spoken language in South Africa😂, these vids are a horror but hilarious man thank you
they are using CNBC app for nasdaq ,when all companies are Red when the US Market open they Sell and vice verse
And the one constant is that they are trading on their phones.
That 4 min guy is speaking Zulu😂😂 haii south Africans thou😭😂😂
11,000,000 UGX is like 2,000 USD. I want to start using that as my base currency because it looks awesome.
It's around 2800 usd
Trading an acct over $10k and I've never crossed 5lot who in world teach those people how to trade 😂😂
Hahahah I really roughed and learned thanks nick. That language is Xhousa
It's not Xhosa it's actually Zulu
You are lying. That language is Isizulu from SA
You are lying. That language is Isizulu from SA
Rule #1 don't risk what you can't afford to lose.
Common Nick didn't just laugh at the guy crying 😂 Nick has always tried to be 🗿 when reacting
I never understood people who enters multiple trade in one swing. Why spend that much on spreads? if you have that much conviction on the move just use a bigger position size instead.
It's like there allergic to risk management
how so many traders not used certified indicators for determine the actual trend like approven ichi moku or others stochastic fk man
Why they sell? Just keep little longer 🤔
why dont they have a stop loss?
4:20 I'm from South Africa, that language you are hearing is called isiZulu...one of the most popular languages of the 12 official languages of the country.
Do some research prior to running these…make for a more smooth run. Back and forth gets old …quick
Man the last guy at least seemed to be trading with a strategy, and the market was like "welcome to the real world kid"lmao
I guess the takeaway here is not trust the market, and close if you catch the price going into consolidation huh?
It's every new trader story
This is why its important to practice on demo account first
South African traders are always reckless.
True.😕
You make my night Lol😂😂
hey there I am from South Africa and you actually watching a South African based video so I hear different languages like Zulu and sipetori
I was too scaredy cat to ever blow my account :(
in 100k Rupees account lost 50k (25k is brokrage) In 1 year.
Now turning profitable after learning from my mistakes, RUclips and books.
Rest of the world: Risk management
Us from South Africa: “I’m going in full margin on news”👍🏽
why are they trading on the phone
Opening a full Lot on a $200 account takes a special kind of person.
That big account close to the end was like 2800usd
Man you could blow your account but never like this
Trader Nick u must also trade like dis 😂😂
I'm not ready for that yet lol!
The guy at 4:24 speaks Isisotho. One of the languages in South Africa
South africans will forever refuse to use risk management 🤣🤣
Bro i thought it was my quality😂
Where is fundamental piplord.... Haha.. He was a classic piece... Ma man
Omg, with 2k account i'm opening just 0,25 lots and it's kinda risky, how the hell you open 1 lot in a 200$ one??
Mostly South African Traders LOL
Reacting to other people blowing their accout is funny though .... but not when its your account being burnt
1:59 He knew better😂.
2 questions:
- Why is that happen?
- What is the app for trading?
Haha they’re great to watch cuz it’s not you losing it 😂
These guys really trading on the M1 and M5 and M15 at the latest. Thats some high stakes gambling right there.
In addition to the insane leverage they all make the same mistake. Do you see what it is ?
Those are various languages from South Africa Nick
"ayayyayay!!! mamah!" 😂😂🤣😂🤣
NEVER EVER OPEN A OVERSEAS ACCOUNT, YOU WILL LOOSE YOUR MONEY
Nick, sometimes we risk and we win....all Africans are gamblers...we can handle it though....look for extreme risks giving out good returns...since I can't change...show me some for motivation 😏😏
trading with that leverage on a mobile app?
The guy saying it has a small rejection with 20k euros gone is a Kenyan😂😂