TRADER REACTS: South African Traders Winning BIG!
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- Опубликовано: 20 сен 2024
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A great South African trader once said. Keep pressing sell until it says not enough money🤣.
That was me 😂😂
🤣🤣🤣
🤣🤣🤣 till you hear that rejecting sound
Lolol full margin sell lol
@@AdrianGeland margin call it is
4:28
"THANK YOU, QUEEN Elizabeth " 🤣🤣...that's one is SA indeed 🤣🇿🇦
If all South African traders trade like this, South African GDP can surpass China and US next year. 😆 🤣
😂🤣🇿🇦🇿🇦🇿🇦🇿🇦🇿🇦
🤣🤣
U are superd smart. Smart money is the one win all time at the end. we solo trader only fight each other
No jokes brother
No lies
Risk management is not our thing. Its either win or loose and take it as a men🤣🤣
That's exactly what someone who is not profitable says. With that mindset you won't make it in the long term in the market
That's gambling
@@ARationalObserver it takes only one good trade to change our lifes. So you can't live in fear.
😂😂😂
Glow or blow; go big or fo home!
Thanks Nick, bring more of this both winnings and losses. I AM a Kenyan and South African blood is with us. We are all gamblers
Kenyans tuko everywhere bana 😂
Nah y’all just trash
Spot on 😂 there is gambling running through our veins
We are Africans , their parents told them that They are intelligent than Africans .. Sit and watch Africans .. I have said "SIT Down" . This is time for Africa.
Lmao love ur spirit there 🔥
I just love South African traders. Hahaha. Much love from Kenya. Our governments did a nice deal and finally I can visit SA with only my passport. I'm planning to meet traders from there
Be careful of scammers
@@michealbhekifa7380 Yep 90% of them are scammers
Most of them are scammers. And you could still visit even before, their visa isn't hard to get
95% of them are scammers be careful
Mnatrade which markets bana mnichanue
South African traders are a different breed bruh🔥. Here we grow our bank accounts, not trading accounts😂😏. 0.01 lot size won't buy you a Lambo.. Here it's go BIG or BLOW, then fund again. Also, the main aim is to withdraw on a daily.
Shit go head n slide the sauce dawg I’m tryn get dat lambo 😂
That's true brother
😂😂😂 We are not playing bruh
It’s good if ppl think this is gambling n that direction can not be predicted. Keep thinking that. 😉
Danko for le comment njayami 😂
South African traders are fearless 😂
4:27 The laugh and the accent where he said " Thank you Queen Elizabeth " 🤣😭
😂😂
😂😂😂
those guys have two account
one for good risk management
the second for account flipping,for account flipping they sometimes blow accounts
Most SA trader's are gamblers, they have this "lose like a man" mentality. I know because I've met a lot of them and when they hear about how I trade, how I risk manage it's so boring to them, they want big returns immediately lol
That why most of them are no longer trading
Its that adrenaline and the seeking of pleasure influenced by emotions,they have the illusion of knowledge when in reality they're justified gamblers,real trading is boring.
Kak funny lmk
I would have not said it better.
We South African Traders enjoy being euphoric, it is a high peak moment of adrenaline for us
When he said "This is how you trade NFP." , I nearly choked. 😂😂
fr 😂😂😂
That's how many successful South African traders trade NFP, and they are all making millions.
funny part is their prob richer than you lol I know alot of south african traders that abuse the unlimited leverage on the brokers and make 10K 20K on a 1K account
@@haqgeneral ye if their broker dont charge their acc if they fail the trade. Cause if you trade full margin 50 lots and markets goes against you, you go in negative and technically you should own money to the broker. If their broker dont do that, then if they choose correct direction they will make so much money ofc. But if market goes 1k pips against you then youre completely fucked if you have to give Money back
@@jamesradebe3964 untill you go negative, if their broker doesnt ask Money back if you go negative then ye they can make so much money
Lol he said thank you queen Elizabeth 😆 🤣
In South Africa we have negative balance protection, so you'd get a margin call at a certain percentage before going to Zero. You'd never go below zero.
@prod.cheesyflows932 what do you mean a event?
@@digithuman i’m assuming volatile market
We don't need to save the account. We're trying to multiply the account. Don't trade with money that your not willing to lose.
@@charltonmanje7422 You are better off letting compound interest do it's job rather than chasing quick flips.
@@leroylubisi when you research the greatest Forex trader, you'll find out that it's a fundamental trader and not a technical trader. Brokers have no issue allowing you to trade from a technical perspective but they deeply dislike fundamental trading. Why is that? The probability that your going to make money as a technical trader is highly unlikely and when you do. Most of the time its peanuts. Imagine me having a return on investment of 20 percent per month. I wouldn't event be able to support myself on that. The Forex market is rigged. I don't believe in risk management but in money management.
As a South African I have really been saying they are gambling 🤣🤣
@Phenyo Phakedi how do you apply risk management when you have a massive lot without any distinct rationale on the direction,it's pure justified gambling LMAO.
It’s the new casino for them🤣🤣🤣🤣🤣
@Phenyo Phakedi THEY ARE GAMBLING BRUH THE RISK IS SO HIGH DONT YOU UNDERSTAND THE SENTENCE "THEY ARE GAMBLING"
@Phenyo Phakedi yeah you are right about applying risk management
@Phenyo Phakedi 100,00 on 11 black, don’t worry I’m applying risk management here
In South Africa We use huge lotsize like there's no tomorrow.. not gamblers when we see a opportunity we go big
That's gambling LMAO,why bet everything on one trade when you know you can compound on a series of trades,if you bet everything odds are you dont know how to trade so you want to make the most out of that single opportunity and fill that void of pleasure seeking to fulfill the emotion of influence,which is greed and impatience,its just justified gambling if you ask me.
@@Assface909 now they call you a hater huh LOL.. logic bru. Logic..
Cool my man lmk
@@Assface909 we fund what we can afford to lose... Or maybe we just trade differently... And as I said, when we see a Good opportunity/high probability set-up we go all in.
@@dracularforex6292 you forgot that most people don't have money to trade..
Most traders don't have $5000 to deposit like in the USA.
We make a lot of money by risking.
Risking got me a brand new car at just 19 years old
so I'm never gonna risk 1% of my account when I can 10× the account in one trade
This is like "GO BIG OR GO HOME" pure gambling
Nope not gambling
Nick, in South Africa your account only goes to 0 not negative.
Nick is more curious, l can tell, lm sure he's gonna try this😂😂😂😂😂
Haa ndazvionawo anakirwa😂😂😂
This is enticing
50 lot size akomana
😂 that funny as hell
South African traders are built different bruv!🤣🤣🤣🤣
😂😂😂😂😂😂
No lie flipping accounts is fun af, not sustainable but i literally changed my life by flipping a few accounts 😹
The number of Haters increases when You are excelling !!! . Coz they tried to be at your level but they failed!! These people think they are intelligent than us( this is new world) , South Africa, Ghana , Ethiopia , Swaziland, Zimbabwe etc ( Africa ) , You must be proud of yourself!!!, it is just a beginning , sit and watch us( We are Africans)!! Aluta Continua!!!
🎉POVO NO PODER
I love this guy, the reason why its because he loves everyone irrespective of colour ❤
“Thank you queen elizabeth “ 😹
Risk only 1-3 % have make me stay in trading for more than 5 years now
FACTS
They know how to trade but they choose the gambling part of it
Kamikaze style 😂😂 only for the brave ones big up SA 🇿🇦
😂😂😂😂 For the pioneers.
The aim here in SA is to withdraw daily. All you need is one win to set you up for the whole month
Now You talking my language, come in get the money come back next month.
Last week i put stop buy and sell for cpi news
The broker deleted my order
Don’t do this
When you trade the news you still read the trend
Africa r good at anything, they smart bro
Bro the unemployment rate in South Africa is 40%, we go big or go home no time to take things slowly because things are slow already.🤦🏾♂️
Thanks for the washing machine sound effects to add atmosphere 😅
Bro what are you talking about. Manipulation can only affect you in a sell position not a buy. So if you 1 2 sell...look for an alternative pair where your desired pair swaps from base to quote or from quote to base.
I think everybody should stick to what works for them. If risking 1% works for you then keep doing it and don't critisize the "gamblers". Most South Africans trade small accounts so it will be pointless to risk 1% of say $50.
we say they are gambling but they think they are very intelligent and making money with easily..
In South Africa, you get laughed at when you earn 2% a month 😂. They tell you gonna drink water not champagne
Waters good for you!
Hahaha....dont embarass us bro. But RSA traders are wild
Great review Nick!
Hahahahahahahaha the choose is yours 😂😂😂😂 for me champagne ooooo
better laugh than blow thats is more funny
At least you're more likely to "live to trade another day" adopting proper risk management. Remember - it's a game of statistics
As south African we don't do 2% risk
We have two types of risk management in South Africa. 1st its percentage based which global, then we have bank account managment. I can risk about 20% per trade from the entire BANK account balance. We move from 0 to 100 very very fast. We help our people go from $50 to $1000 in a week lol. Its happening in South Africa!
How?
@@Block3zero risk a lot the blow or gain
We don't play in South Africa,We trade big time......Get Rick at one trade or trade for 10 years for nothing
@tradernick I understand the disconnect between SA and the western world when it comes to trading.
You guys have heavily regulated brokers, the SEC and FTC would not allow the kind of brokers used in SA, they just are not allowed out there. That's why difficult to comprehend how this could be done.
This is not TDameritrade, it's not a Bloomberg terminal. You can 1000% leverage on a small account and hedging is allowed, you don't have to be a professional.
Its a different ball game out here, none of the traditional rules of margin and risk apply. Hope this makes sense
we like news in south africa
Welcome to Africa🔌🌍😎
South Africa brokers......I smile 😃 if you use them ....
Most of them actually not trade with news they just saying about the news because they don't want to tell people why they enter on that place. I think they only trade on patterns.
Yea man you are the best content creator
Still wondering Why are they not among the top 10 traders in the world 😒
Its risky but they have accounts where they follow risk management
Proper risk management is the only way to trade because you have no idea who’s involved in the market to either push your trade higher or lower .
This guy should be in casino damn🤣👑
When you your account balance deposit is your neighbours 1%; surely you can understand why money management is not so big in South Africa.
Those method are 100% gambling. Risking all the money over 1 single trade is not my style. I have been on forex since 2013, it's almost 10 years, tbh I also trying this gambling method on 2014, easy money but easy broke too. That's why since 2015, I've been strict with my strategy and here I am on 2022 trade for living.
You gonna make so much money.....and you will give it back
The problem is some of these guys trade demo accounts, i've seen a friend brag about someone he knows who's floating about R10 MIllion, in my head i'm thinking why would you float that, close and cash out....we never know the money, apparently he got highjacked and brokers are refusing to give him his money
Definitely we want to see the video about the guy who use news to make millions 😂
Bro really said thank you queen Eleizabeth😂
Hi Nick, from what I know, our SA Brokers don't have negative balances. So if the trade goes south, you blow your account, and that's it. Thanks for the review. It was fun too watch. I'm South African too, but this is gambling! My heart and my common sense would never allow me, haha! 😅
@ASHTRXN Yo yo. Thanks for the response. Yeah, like Nick said. "Hey, if it works for them, then great." That style of trading would just never sit right with me.
South Africans live on Edge whn it comes to trading so I guess u are not a south african
You need to review more South African traders, you only know what you are limited to. You have no idea what South African traders are capable off. Not gambling, but trading.
They must follow more of South African traders, they will learn a lot .
In Africa we don't worry about 2 percent.. 0.001 wont help anything..
The boy was doing the most.rip eazy
MOST COMMON IT JUST PUMPS UP AND DOWN AND SCREWS EVERYONE
Deriv does not allow below 50% margin. So that your account closes at 1$ eg
Is that "Thank You Queen Elizabeth" for me😂
It’s not about scare or fear
Money is money
You will be shocked.
Danko means Thank you
We have brokers that offer up to 1:1000 and yes you can go negative and therefore owe your broker the money. I accidently left a trade on during CPI, came back to a negative account, it was awuful.
R.I.P EAZY FOREX #SOUTHAFRICA ❤
trade nfp are double edge sword, if you bet 1 currency spike, you win but also all of you(s) does the same can go opposite, its al about crowd sentimental
I use tradersway and to answer your question, yes, your account can go negative. Last NFP, my account ended at -$65 on a 0.1 lot.
That's not trading, it's pure gambling. You can not get a fill with NFP or FOMC, There must be a premise behind any trade, whether its news or TA.
The premise here is simple.......you expect price to move fast in one direction and your goal is to profit if you're trading the direction price takes from news release
"Danko" = Thank You
When he said “danko” I knew shit is about to start 🤣🤞🏾
In SA it's go hard or go home
Nick you can't go negative they is what brokers say negative balance protection on you only lose what you deposit leverage can go up to infin it wich is supper risky
this should not be advertized. i dont even believe those profits are true tbh :D
THEY TRUE
From south africa. I was just wondering if you knew any brokers that you trust and that I could use in south africa
FxPro
td365
Nick, my friend my bro my Mentor, understand this when I say it...he doesn't trade the news for one. 2, TA works like magic down South. 3, Our Brokers give us 1:1000 leverage and also wider spreads that's why most of his entries started in the Red but since the entries were legit they quickly turned into profits
As a Sa citizen showing one trader isn't enough 2 star rating for this video
Here in South Africa we don’t play baba go big or go home
Yes these brokers will let your account go negative
Actually nick in your losing video there was a SA trader who blew his account and his account was negative about 1k
Yebo this is how we kill it in South Africa baba.....🤘 Danko!!!
In demo account you have no tensions, but in real one u gonna think twice before one dollar trading
No we do not owe our brokers, it only goes negative 5K
You can hear this idiot saying "call me the king of forex, I'm untouchable" I'm dying over here 💀😂😂😂
I dare you to look at "BellyForex" Trader and "D Operandi" they are both South African.They making millions bruh🙆
To answer your question nick, all these brokers have negative balance protection as they call it and leverage limitations as you call it.
The Brokers give you a margin call when you are say at 20% margin level and your losing trades are closed
You never go negative balance
One broker i use and does that is FBS
And it has a leverage of 1: 3000
Lovely content Nick very entertaining🤣
Thank U queen Elisabeth 😂😂
I love SA traders because its go big or go home.. They hacked the system, To me SA Traders are the best in the world, like they found ways to destroy the market..
Dude clearly you don't know traders. There are guys who make 100k a trade a day. Cue banks sometimes makes a mill a day. Imagine old man who jumped in before we knew anything about this
What people don't understand is that making 500$ in a single trade is an insane amount of money. Here in poland the average monthly wage is around 1100$ (aprox. 160 hours of working) and you can make a lot of money in a short time.
Making $500 isn't insane depending on how big your account is ...with $4k+ account $500 per trade is achievable
Nah, its good for normal people, But it's not enough if u have dreams
@@xexaderatx9056 Yeah it might be true but it depends on your financial situation, I remember starting trading 3 years ago and recently I've been hitting very consistent trades. $500 would be pretty small for me today, but back then it was a fortune to make in a single trade.
Let me tell you something, every country has its way of trading y'all in U.S.A and European stick with R:R with us it's different in south Africa we risk only the profits we have made in the markets and go full margin on events and also when trading session openings .... you should check out a guy by the name of DJ COACH and see how he trades fundamentals 🤣 he will knock your socks off
When u grow only 3% a month and see our SA strategy grow 10000% a trade. It hits different neh🤣
These guys treat it like a casino 🎰
Put in a few hundred and make it big or lose it
What most of this traders will do they will take n small amount to trade with. About $50 put that on that trade. Then they will use this bock lot sizes to mak that money. The trade will not last longer then 5munites. Everyday they will withdraw the money and only leave the $50 to trade the next day. Mostly they trade Nas100 or US30. Only trade the opening of it and only news. They will call them the Kings of Nasdax or King of US30. Ask them about market structure or why don't you use it with your strategy. They do not know how to ise the news with the stratergy. Someone show them how to use this and only trade on that times now all of them are doing it.
it's not in dollars it's in rand ...
And here I am yet to decide whether to use a 0.10 lot size on my $10 account 🤣🤣🤣
My broker doesn't let me hedge. So the old "buy stop sell stop" method is a no go