TRADER REACTS: South African Traders Winning BIG!

[@TraderNick]

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[@elnaturel3537]

A great South African trader once said. Keep pressing sell until it says not enough money🤣.

[@tkandre]

That was me 😂😂

[@awethumvelase8244]

🤣🤣🤣

[@mavusana12]

🤣🤣🤣 till you hear that rejecting sound

[@AdrianGeland]

Lolol full margin sell lol

[@elmaxtv4093]

@@AdrianGeland margin call it is

[@litthaxatte]

4:28 "THANK YOU, QUEEN Elizabeth " 🤣🤣...that's one is SA indeed 🤣🇿🇦

[@Monkey_D_Luffy56]

4:27 The laugh and the accent where he said " Thank you Queen Elizabeth " 🤣😭

[@lindisamathabela3192]

😂😂

[@1and0nlytrap5tar]

😂😂😂

[@Keymoney_Kenya]

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

[@conradboore8172]

Kenyans tuko everywhere bana 😂

[@donpablo5628]

Nah y’all just trash

[@tkandre]

Spot on 😂 there is gambling running through our veins

[@animalslife9714]

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.

[@MinimalSKill22]

Lmao love ur spirit there 🔥

[@skgsinc1833]

South African traders are fearless 😂

[@Githinji_the1]

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

[@michealbhekifa7380]

Be careful of scammers

[@mphokgamedi2352]

@@michealbhekifa7380 Yep 90% of them are scammers

[@bellaolum9768]

Most of them are scammers. And you could still visit even before, their visa isn't hard to get

[@game5201]

95% of them are scammers be careful

[@conradboore8172]

Mnatrade which markets bana mnichanue

[@simosithole7095]

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.

[@TPbandeezy]

Shit go head n slide the sauce dawg I’m tryn get dat lambo 😂

[@leonocopyrightmusic518]

That's true brother

[@banele.67]

😂😂😂 We are not playing bruh

[@justLungelo]

It’s good if ppl think this is gambling n that direction can not be predicted. Keep thinking that. 😉

[@FatherOshai]

Danko for le comment njayami 😂

[@renzelkhamacho1379]

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

[@ThembaMalinga]

That why most of them are no longer trading

[@Assface909]

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.

[@ebrahimc43]

Kak funny lmk

[@slowsloth8550]

I would have not said it better.

[@siyabongadlamini7852]

We South African Traders enjoy being euphoric, it is a high peak moment of adrenaline for us

[@archie3071]

Lol he said thank you queen Elizabeth 😆 🤣

[@teachmehowtodoge1737]

If all South African traders trade like this, South African GDP can surpass China and US next year. 😆 🤣

[@KS3_Samela]

😂🤣🇿🇦🇿🇦🇿🇦🇿🇦🇿🇦

[@namtrader9674]

🤣🤣

[@acs1018]

U are superd smart. Smart money is the one win all time at the end. we solo trader only fight each other

[@imafuarinzekingsley8026]

No jokes brother

[@1MoneyInstitution]

No lies

[@Jaggylion]

When he said "This is how you trade NFP." , I nearly choked. 😂😂

[@dyngriffin1505]

fr 😂😂😂

[@jamesradebe3964]

That's how many successful South African traders trade NFP, and they are all making millions.

[@haqgeneral]

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

[@Mozzicus]

@@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

[@Mozzicus]

@@jamesradebe3964 untill you go negative, if their broker doesnt ask Money back if you go negative then ye they can make so much money

[@rage568]

“Thank you queen elizabeth “ 😹

[@tshepomotau3510]

those guys have two account one for good risk management the second for account flipping,for account flipping they sometimes blow accounts

[@OrderFlowCash]

Risk management is not our thing. Its either win or loose and take it as a men🤣🤣

[@ARationalObserver]

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

[@sibonelelohlatshwayo7753]

That's gambling

[@OrderFlowCash]

@@ARationalObserver it takes only one good trade to change our lifes. So you can't live in fear.

[@khwezi_bass]

😂😂😂

[@obakengotlwaetse3440]

Glow or blow; go big or fo home!

[@leroylubisi]

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.

[@digithuman]

@prod.cheesyflows932 what do you mean a event?

[@and-gm1hb]

@@digithuman i’m assuming volatile market

[@charltonmanje7422]

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.

[@leroylubisi]

@@charltonmanje7422 You are better off letting compound interest do it's job rather than chasing quick flips.

[@charltonmanje7422]

@@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.

[@TheOneAfrican]

Nick is more curious, l can tell, lm sure he's gonna try this😂😂😂😂😂

[@FunZone-tn9ug]

Haa ndazvionawo anakirwa😂😂😂

[@KS3_Samela]

This is enticing

[@noreply4339]

50 lot size akomana

[@freedomofspeech-]

😂 that funny as hell

[@dracularforex6292]

In South Africa We use huge lotsize like there's no tomorrow.. not gamblers when we see a opportunity we go big

[@Assface909]

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.

[@ebrahimc43]

@@Assface909 now they call you a hater huh LOL.. logic bru. Logic..

[@ebrahimc43]

Cool my man lmk

[@dracularforex6292]

@@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.

[@tradingimpulse8444]

@@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

[@lightrikhotso3038]

Nick, in South Africa your account only goes to 0 not negative.

[@N_Molokwane]

As a South African I have really been saying they are gambling 🤣🤣

[@Assface909]

@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.

[@kobusthomas903]

It’s the new casino for them🤣🤣🤣🤣🤣

[@taelyrics3070]

@Phenyo Phakedi THEY ARE GAMBLING BRUH THE RISK IS SO HIGH DONT YOU UNDERSTAND THE SENTENCE "THEY ARE GAMBLING"

[@taelyrics3070]

@Phenyo Phakedi yeah you are right about applying risk management

[@CollectioneAnime]

@Phenyo Phakedi 100,00 on 11 black, don’t worry I’m applying risk management here

[@mashuduzandile]

South African traders are built different bruv!🤣🤣🤣🤣

[@khwezi_bass]

😂😂😂😂😂😂

[@animalslife9714]

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!!!

[@kenetnitoalbertomanguana9315]

🎉POVO NO PODER

[@kingslayerjamar312]

Kamikaze style 😂😂 only for the brave ones big up SA 🇿🇦

[@sizwemlangeni9158]

😂😂😂😂 For the pioneers.

[@bmbante6161]

This is like "GO BIG OR GO HOME" pure gambling

[@DumaniMphuthi-vb4ue]

Nope not gambling

[@WorldOfChampions-o7v]

I love this guy, the reason why its because he loves everyone irrespective of colour ❤

[@snooky3]

Thanks for the washing machine sound effects to add atmosphere 😅

[@tsepanglebata5550]

When you trade the news you still read the trend

[@olwethu_thwala63]

The aim here in SA is to withdraw daily. All you need is one win to set you up for the whole month

[@slowsloth8550]

Now You talking my language, come in get the money come back next month.

[@teestrees5839]

Africa r good at anything, they smart bro

[@mikechikoko6822]

They know how to trade but they choose the gambling part of it

[@danieldavidinternational3771]

Yea man you are the best content creator

[@JGAngula]

Welcome to Africa🔌🌍😎

[@Albert-zl3qv]

Risk only 1-3 % have make me stay in trading for more than 5 years now

[@g3touttah3r3]

FACTS

[@malusi9770]

we like news in south africa

[@jamielhassen4847]

This guy should be in casino damn🤣👑

[@m......7984]

No lie flipping accounts is fun af, not sustainable but i literally changed my life by flipping a few accounts 😹

[@howtolofi3408]

@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

[@blueprintcapital2690]

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!

[@Block3zero]

How?

[@gggf4766]

@@Block3zero risk a lot the blow or gain

[@itumelengmathule9979]

When he said “danko” I knew shit is about to start 🤣🤞🏾

[@tshidigodwillkgapane6261]

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.

[@fwgtv3821]

As south African we don't do 2% risk

[@danielkainyah824]

Is that "Thank You Queen Elizabeth" for me😂

[@juliemachette2927]

South Africa brokers......I smile 😃 if you use them ....

[@zwivhuyandou493]

"Danko" = Thank You

[@myo9613]

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.

[@cheskemaart4653]

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! 😅

[@cheskemaart4653]

@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.

[@simonafrika5787]

South Africans live on Edge whn it comes to trading so I guess u are not a south african

[@imansohrabi7068]

Last week i put stop buy and sell for cpi news The broker deleted my order Don’t do this

[@banginzaza]

1:00 That is some wild leverage on that account 😂😂😂

[@ag2c661]

Bro really said thank you queen Eleizabeth😂

[@Spaceman019]

You gonna make so much money.....and you will give it back

[@sinalomsebenzi2209]

Yebo this is how we kill it in South Africa baba.....🤘 Danko!!!

[@Nbilitane]

Danko means Thank you

[@londimsimang8570]

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.

[@Crimson_Avant]

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

[@Bitslotfun]

It’s not about scare or fear Money is money

[@blueprintcapital2690]

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.

[@yinhlamakamu2624]

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

[@Cjayxgaming]

To answer your question nick, all these brokers have negative balance protection as they call it and leverage limitations as you call it.

[@broker_index]

Thank U queen Elisabeth 😂😂

[@tonytey6784]

Ok Nick,let me download this...hehehe!will watch later.

[@ntsakojoelbaloyi7421]

Its risky but they have accounts where they follow risk management

[@shady1260]

You will be shocked.

[@tjaysmind]

This is WILD!!!!never doing this 🤣🤣🤣🤣

[@sabelomaqala6288]

It's extremely tempting to do this 🤑

[@TraderNick]

VERY risky. Please be careful

[@ofonipa5706]

Lol get some alcohol in you and go for it 😂😂

[@captainherbalist8502]

what do you mean if you knew what the news is going to do, when does anyone here know what the price is going to do at any point with or without news. If you want to trade fast do it, it makes no difference.

[@technewseveryweek8332]

Deriv does not allow below 50% margin. So that your account closes at 1$ eg

[@FundamentalTraining]

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.

[@Tylon_Ferk]

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

[@semiuajala2240]

Still wondering Why are they not among the top 10 traders in the world 😒

[@bmbante6161]

Definitely we want to see the video about the guy who use news to make millions 😂

[@johnk9345]

we say they are gambling but they think they are very intelligent and making money with easily..

[@AdrianGeland]

There's no risk management here in SA we just all in on every trade lol

[@thabanimathew2382]

The boy was doing the most.rip eazy

[@ThinkKakoke]

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.

[@m.afajar854]

YOLO life it seems in the south

[@rapulamphahlele5067]

Lovely content Nick very entertaining🤣

[@ramadhansurjoharso5981]

that 35 lots open had me

[@CkDickson_M]

We don't play in South Africa,We trade big time......Get Rick at one trade or trade for 10 years for nothing

[@VictorDeraberu]

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

[@abdoulrazaktiendrebeogo7065]

Welcom bro , we are SPARTIAT trader

[@izzuddinmnasir4884]

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

[@leeuithaler8171]

As a Sa citizen showing one trader isn't enough 2 star rating for this video

[@silkroad1201]

My broker doesn't let me hedge. So the old "buy stop sell stop" method is a no go

[@HassanAbdul-bu5hq]

What is the broker name

[@Nitrokid88]

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 .

[@mzwamadodafongqo3814]

When you your account balance deposit is your neighbours 1%; surely you can understand why money management is not so big in South Africa.

[@Kings_QueensOfficial]

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.🤦🏾‍♂️

[@phronesisforex2917]

Nick at 9:40 you very right that's exactly what made me to ditch that strategy. the entries were triggered way far from where i anticipated and find myself with two BIG MOTHER of ALL losses

[@Phakiidiaries]

Here in South Africa we don’t play baba go big or go home

[@bonganintshangase6051]

There's negative account protection

[@AndrewEmoryTatelll]

R.I.P EAZY FOREX #SOUTHAFRICA ❤

[@Kolpona_kitchen]

4:40 this is not trading this is gambling

[@johnesau3694]

From south africa. I was just wondering if you knew any brokers that you trust and that I could use in south africa

[@hlotseshai6606]

FxPro

[@sergenalishiwa9097]

td365

[@victormwangi9039]

We have 1:unlimited leverage, in exness😂

[@norbert2988]

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.

[@khesipresents1885]

Making $500 isn't insane depending on how big your account is ...with $4k+ account $500 per trade is achievable

[@xexaderatx9056]

Nah, its good for normal people, But it's not enough if u have dreams

[@norbert2988]

@@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.

[@FunZone-tn9ug]

These guys are good no lie💯💯💯😂😂😂

[@amazingnebster6517]

very good bro

[@farouqgp-rook]

yep yep, hate the game not hate the player.

[@nokomokwele6205]

Down South we go big or go home😂😂

[@valtter1234]

this should not be advertized. i dont even believe those profits are true tbh :D

[@siyabulelajamela5267]

THEY TRUE

[@user-tt3yz7os6u]

This method works just TP don’t let it run

[@OliviaObi]

Hahahahahahahahaha these videos always crack me up

[@koena4lyf]

In South Africa, you get laughed at when you earn 2% a month 😂. They tell you gonna drink water not champagne

[@TraderNick]

Waters good for you!

[@mrmanq9517]

Hahaha....dont embarass us bro. But RSA traders are wild Great review Nick!

[@KG_forex]

Hahahahahahahaha the choose is yours 😂😂😂😂 for me champagne ooooo

[@tanahairku9005]

better laugh than blow thats is more funny

[@Tony-ee3nm]

At least you're more likely to "live to trade another day" adopting proper risk management. Remember - it's a game of statistics