TRADER REACTS: Watch Forex Traders Blow Their Accounts (PART 2)

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  • Опубликовано: 19 сен 2022
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Комментарии • 332

  • @yangagamede2562
    @yangagamede2562 Год назад +29

    The guy that blew R4400 is speaking IsiZulu, basically he was saying "omg, my school funds!" 🤣😂

  • @muganzitunanuke9890
    @muganzitunanuke9890 Год назад +35

    As a Ugandan
    11 M UGX is actually insane it’s the equivalent of 3300 USD
    But that was painful to watch

  • @xriskynoob
    @xriskynoob Год назад +166

    Why am i always seeing South African traders blowing their account videos lol

    • @stilloutside
      @stilloutside Год назад +27

      Here we do high risk high reward..it has made many millionaires

    • @fabijan3930
      @fabijan3930 Год назад +51

      ​@@stilloutside that is gambling not trading

    • @Kingkillerxslayer1
      @Kingkillerxslayer1 Год назад +14

      Says a lot about us🤣🇿🇦

    • @TraderSyed
      @TraderSyed Год назад +5

      Because there’s more piplords there lol.

    • @AhmadRazaboss1
      @AhmadRazaboss1 Год назад +12

      Because they don't trade they just gamble😂

  • @free8122
    @free8122 Год назад +54

    I'm from Uganda, that guy with the UGX account has made my night...😂😂😂

  • @Maacnetic
    @Maacnetic Год назад +32

    He gets offered a loan soon as he blows his account 😂😂😂

    • @mrsyre
      @mrsyre Год назад

      We get spammed alot of those texts in this country it's like they know we need the cash 🤔🤔🤔 Sus 😎

  • @ntokozodlamini6055
    @ntokozodlamini6055 Год назад +17

    4:25 he's speaking Zulu a south african language😂😂he was basically saying take notes guys

  • @kingalyeko7576
    @kingalyeko7576 Год назад +13

    ONE OF MY ACCOUNTS SEEN IT WAS THE ONE OF UGX 😂😂 I CANNOT FORGET THAT DAY

  • @FrankiePalmer_
    @FrankiePalmer_ Год назад +35

    I couldn't help but laugh at the crying trader.

  • @Luckyslevens
    @Luckyslevens Год назад +35

    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.

  • @FlashNeptune
    @FlashNeptune Год назад +14

    I'm watching this after blowing my account 😂😂😂
    Thanks for this 🤣😂

  • @whatyouneed6163
    @whatyouneed6163 Год назад +7

    Whenever I lose a 200 dollar option on the stock market I look at these to make me feel better

  • @michaelcooke7103
    @michaelcooke7103 Год назад +10

    We like them because they are great lessons on why you should not be greedy

  • @samuelpaul01
    @samuelpaul01 Год назад +6

    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

  • @weerobot
    @weerobot 2 месяца назад +1

    "You keep on Holding.....You Keep On Holding.."...Brutal

  • @apathyreview3964
    @apathyreview3964 Год назад +11

    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. :(

    • @ranchouclips7699
      @ranchouclips7699 Год назад +1

      I believe in you brother! Save the rest!

    • @horacioluna5798
      @horacioluna5798 11 месяцев назад +2

      Same here I believe in you brother. 💜

  • @valentineHarlem
    @valentineHarlem Год назад +4

    Keep them trader reacts videos coming

  • @enyinnayaovercomer5005
    @enyinnayaovercomer5005 Год назад +12

    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

  • @t2bfx700
    @t2bfx700 Год назад +3

    i love this new series

  • @logandaniels9474
    @logandaniels9474 Год назад +3

    Yessss! I love this series! keep doing them!🤣

  • @TheTradingBattle
    @TheTradingBattle Год назад +8

    This is so uncomfortable to watch... We loved it! 😂

  • @vladislavpolaykov730
    @vladislavpolaykov730 Год назад +5

    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.

  • @TheOriginalPipDoll
    @TheOriginalPipDoll Год назад +6

    “I’m rooting for you man!” Knowing damn well what’s about to happen 🤣

  • @bushido_2543
    @bushido_2543 Год назад +2

    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!

  • @moormaidrie
    @moormaidrie 9 месяцев назад

    This video is very helpful, I am a beginner who is still learning in the nfc community.

  • @sunilkumardograa
    @sunilkumardograa Год назад +5

    Thanks for such videos. It reminds our mistakes too & encourages to follow proper money management rules. 👍

  • @knowledgewind
    @knowledgewind Год назад +3

    there's no other more exciting videos than these blown accounts

  • @erfho8y
    @erfho8y Год назад +6

    Just as a point of reference, 11.000.000 UGX = approx. 2880 USD

  • @edgewrld
    @edgewrld Год назад

    keep it coming

  • @jackjoe3477
    @jackjoe3477 Год назад +7

    I love the way u add entertainment to our learning... We learn also to manage account while laughing

  • @adelinahtembakazimakedama4951
    @adelinahtembakazimakedama4951 Год назад +6

    4:23, The language being spoken Is called Zulu, one of South Africa's 11:' official languages

  • @AnnihilationXable
    @AnnihilationXable Год назад

    Love these!

  • @tx_94
    @tx_94 Год назад

    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,

  • @DaleSethiel
    @DaleSethiel 27 дней назад

    " we dont rise on our expectation but we fall on a level how we train"

  • @sunilkumardograa
    @sunilkumardograa Год назад +1

    Yes USTech is Nasdaq... Such video is good example to make psychology strong.

  • @yusufmohammed9839
    @yusufmohammed9839 Год назад +1

    I'm gonna watching that video every single day in the morning to be wise while taking a trade

  • @kamokaze3803
    @kamokaze3803 Год назад +1

    im from south africa so this is normal on social media, it is gambling, they have no idea how to trade

  • @anderson3480
    @anderson3480 Год назад +3

    "You keep on holding"🤣🤣

  • @YourManifoldWorld
    @YourManifoldWorld Год назад

    We love these videos because it's the same reason why we can't stop looking at train wrecks.

  • @tokelojiyane2952
    @tokelojiyane2952 Год назад +3

    4:25 He's South African, that a Zulu language. "thathani ama notes" means Take notes

  • @Kumar_KakaG
    @Kumar_KakaG 2 месяца назад

    That man Crying at 6:20 was my soul in 2021 😂
    Now I have endured the Moodswings better then a School Girl. 😂

  • @FrancisAgyei-nh8gr
    @FrancisAgyei-nh8gr 2 месяца назад

    What is the best broker for trading ZAR as me in different country

  • @SelfisWealth
    @SelfisWealth Год назад +1

    hello trader nick i would like to inform you that zar is south african rands 1 dollar basically = 18 rand

  • @mpumelelomthembu8363
    @mpumelelomthembu8363 Год назад +4

    These videos make losing a norm and helps with fear when trading . They also point out that , u re not alone😂😂😂😂

  • @oliverpolden
    @oliverpolden 7 месяцев назад

    The first thing you need to learn in trading is how to manage risk.

  • @letearthbreathandpeaceful8849
    @letearthbreathandpeaceful8849 Год назад +1

    this happen to me last CPI news

  • @montugohain48
    @montugohain48 Год назад +1

    Bruv Trading in pc can be helpful to close these fast markets...
    , It's so easty to close all orders.. (bulk operations)

  • @gillwaxt7131
    @gillwaxt7131 Год назад +2

    hmnn!... my losses are nothing to their losses, i have probably blown my account more than 10X...

  • @ebenzzey
    @ebenzzey Год назад +1

    Nick, you need to make those videos in slo mo

  • @fabrose_sa4108
    @fabrose_sa4108 Год назад +2

    That Nasdaq kills😂😂😂 thats a south african language Isizulu

  • @mpumelelomthembu8363
    @mpumelelomthembu8363 Год назад +1

    isiZulu is the language on 4:20 that is being spoken🤣🤣🤣

  • @seanthemoneymagnet2158
    @seanthemoneymagnet2158 Год назад +4

    we laugh cause we all been there

  • @panicwave855
    @panicwave855 Год назад +2

    Thats a ZAR accunt at 3:00 . 500ZAR meaning its around $30

  • @Mark-lp8vs
    @Mark-lp8vs Год назад +1

    Keep reacting nick

  • @shonkylovesgaming1766
    @shonkylovesgaming1766 Год назад +2

    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.

    • @atli2721
      @atli2721 Год назад +1

      That's a great idea.

  • @thobekanikhoza4038
    @thobekanikhoza4038 Год назад +3

    he is speaking isiZulu, the most spoken language in South Africa😂, these vids are a horror but hilarious man thank you

  • @naughty-kid-kay
    @naughty-kid-kay Год назад

    they are using CNBC app for nasdaq ,when all companies are Red when the US Market open they Sell and vice verse

  • @oliverpolden
    @oliverpolden 7 месяцев назад

    And the one constant is that they are trading on their phones.

  • @rapslave3717
    @rapslave3717 Год назад +1

    That 4 min guy is speaking Zulu😂😂 haii south Africans thou😭😂😂

  • @dooper173
    @dooper173 Год назад +4

    11,000,000 UGX is like 2,000 USD. I want to start using that as my base currency because it looks awesome.

  • @bigmacv
    @bigmacv Год назад +3

    Trading an acct over $10k and I've never crossed 5lot who in world teach those people how to trade 😂😂

  • @nshimiyimanamartin3886
    @nshimiyimanamartin3886 Год назад +2

    Hahahah I really roughed and learned thanks nick. That language is Xhousa

  • @prestokrs1
    @prestokrs1 Год назад +4

    Rule #1 don't risk what you can't afford to lose.

  • @LodDOmniscient
    @LodDOmniscient Год назад +1

    Common Nick didn't just laugh at the guy crying 😂 Nick has always tried to be 🗿 when reacting

  • @JohnDoe19xx
    @JohnDoe19xx Год назад

    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.

  • @Nigel514
    @Nigel514 Год назад

    It's like there allergic to risk management

  • @hafizmuhammadmursalin7452
    @hafizmuhammadmursalin7452 Год назад

    how so many traders not used certified indicators for determine the actual trend like approven ichi moku or others stochastic fk man

  • @Sabestooo
    @Sabestooo Год назад +1

    Why they sell? Just keep little longer 🤔

  • @VR_investments
    @VR_investments Год назад +1

    why dont they have a stop loss?

  • @thamiatlas6510
    @thamiatlas6510 5 месяцев назад +1

    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.

  • @user-ul1ku1ds9d
    @user-ul1ku1ds9d 6 месяцев назад

    Do some research prior to running these…make for a more smooth run. Back and forth gets old …quick

  • @horrorsans3676
    @horrorsans3676 Год назад +1

    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?

  • @Prashanttbhussare
    @Prashanttbhussare Год назад +1

    It's every new trader story

    • @xbuster2018
      @xbuster2018 2 месяца назад

      This is why its important to practice on demo account first

  • @Owilly_iam
    @Owilly_iam Год назад +2

    South African traders are always reckless.

  • @dnx_Gr
    @dnx_Gr 11 месяцев назад

    You make my night Lol😂😂

  • @ttvtoonz4960
    @ttvtoonz4960 Год назад +1

    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

  • @EL12111
    @EL12111 Год назад +2

    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.

  • @mister_jay
    @mister_jay 7 дней назад

    Rest of the world: Risk management
    Us from South Africa: “I’m going in full margin on news”👍🏽

  • @secondrow9385
    @secondrow9385 Год назад +1

    why are they trading on the phone

  • @JayBigDadyCy
    @JayBigDadyCy Год назад

    Opening a full Lot on a $200 account takes a special kind of person.

  • @xriskynoob
    @xriskynoob Год назад +2

    That big account close to the end was like 2800usd

  • @gregoriomedina2933
    @gregoriomedina2933 Год назад +1

    Man you could blow your account but never like this

  • @sphanationsphanation2426
    @sphanationsphanation2426 Год назад +2

    Trader Nick u must also trade like dis 😂😂

    • @TraderNick
      @TraderNick  Год назад +1

      I'm not ready for that yet lol!

  • @leightarentaal2123
    @leightarentaal2123 Год назад

    The guy at 4:24 speaks Isisotho. One of the languages in South Africa

  • @bokamosho_meje
    @bokamosho_meje Год назад

    South africans will forever refuse to use risk management 🤣🤣

  • @Shrexx03
    @Shrexx03 2 месяца назад

    Bro i thought it was my quality😂

  • @souvikroy5178
    @souvikroy5178 Год назад +2

    Where is fundamental piplord.... Haha.. He was a classic piece... Ma man

  • @adrianesbu_fx
    @adrianesbu_fx 7 месяцев назад

    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??

  • @waseemabbas4297
    @waseemabbas4297 Год назад +4

    Mostly South African Traders LOL

  • @miketiong8441
    @miketiong8441 2 месяца назад

    Reacting to other people blowing their accout is funny though .... but not when its your account being burnt

  • @richierich1166
    @richierich1166 10 месяцев назад

    1:59 He knew better😂.

  • @gabbo13
    @gabbo13 Год назад +1

    2 questions:
    - Why is that happen?
    - What is the app for trading?

  • @DannydAnthony4
    @DannydAnthony4 Год назад

    Haha they’re great to watch cuz it’s not you losing it 😂

  • @deacon_era
    @deacon_era Год назад

    These guys really trading on the M1 and M5 and M15 at the latest. Thats some high stakes gambling right there.

  • @joeblow5588
    @joeblow5588 Год назад

    In addition to the insane leverage they all make the same mistake. Do you see what it is ?

  • @allen_motivation
    @allen_motivation Год назад

    Those are various languages from South Africa Nick

  • @Zafiro10791
    @Zafiro10791 Год назад +1

    "ayayyayay!!! mamah!" 😂😂🤣😂🤣

  • @JoseGarcia-kr3xx
    @JoseGarcia-kr3xx Год назад

    NEVER EVER OPEN A OVERSEAS ACCOUNT, YOU WILL LOOSE YOUR MONEY

  • @Keymoney_Kenya
    @Keymoney_Kenya Год назад +1

    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 😏😏

  • @vladx3539
    @vladx3539 Год назад

    trading with that leverage on a mobile app?

  • @r..6842
    @r..6842 Год назад

    The guy saying it has a small rejection with 20k euros gone is a Kenyan😂😂