When to trade fx
How I learnt to trade Fx - (Lesiba Mothupi)
started with a dollar in a dream
this one for all the people that said i
couldn't do it
what's going on hustlers you're buying
this one with 2p and again we are back
onto my
channel obviously you do like the videos
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subscribe button so please do make sure
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button um and also i actually wanted to
speak a bit more about
you know um some of the things that
actually were able to um you know
experience and overcome which is um
which brings me to the topic where i
want to speak about you know how i
actually started getting
involved into the forex market but not
only that how i learned
to treat forex you know because most
people would be seeing you you know
um moving forward in life or succeeding
or
like like beginning some consistency
within the markets but they would
understand some of the things that you
had to
go through or some of the things that
you actually you know had to sacrifice
in order for you to be able to reach a
specific level
so on today's video actually want us to
cover that i wanted to speak about how i
learned
i wanted to speak about some of the
things that i done in order for me to be
able to just
experience my breakthrough because i
believe that you can experience your
breakthrough and i believe that you will
experience your breakthrough obviously
so let us start off first with it like
most of you guys do know that i actually
started trading
um when i was at 2017 i was in actually
started
trading forex and i got involved in the
markets but that doesn't mean that you
know i'm 2017 i didn't know about forex
and i started trading
i actually knew a bit about it i knew a
bit about it but i had a friend
um like my friend his mom was actually
um
trading you know and while she was
trading you know she mentioned to us
like you know you guys should be
involved in this
you know this seems it's it's amazing
and so on but this was like before 2017
maybe 2016 2015
but i also didn't take that into mind
but i was like wow that's amazing you
know i like the fact that she sits at
home and then she gets to trade
and you know um and that was that was
like the start of me being able to
notice
or or see that there's actually
something called the foreign exchange
market name
but i didn't search about it i didn't do
anything i just
knew about it and in 2017 was when i
actually you know um
i'm i was i was scrolling past it i
believe it was like instagram or
something
no on facebook or facebook and then i
saw someone like living a beautiful life
you know living an amazing life
and this person you know like they were
always just showing off like their
lifestyle and so on
i was okay i actually do want that you
know i'm still in college but i want
this i want to live the way that this
person lives
and i reached out to the person and that
person that was replying so fast and
everything unfortunately i got involved
into a scam
you know i'm cause at the end of the day
that person told me i should be
i should give him money and he's gonna
invest for me
and i'm gonna get this much back in
return and i was excited you know i was
even starting to plan you know i'm gonna
buy this car i'm gonna buy this car
i'm gonna buy this i'm gonna buy like i
was already planning what i'm gonna get
and obviously it was a scam i didn't
make it too far
and um i told myself what if like i i
just
learned this thing on my own instead of
me wanting to give someone money so they
can do this for me
what if i just see i want to learn this
on my own like imagine i just gave this
person money and i lost that money
but now if i must instead like focus on
learning
and instead of giving that person that
money now i'm the one that has the money
and i'm trading for myself
even if i lose that money i know it went
you know and i can see
and if i gain that money i don't have to
split profits with someone
i don't have to what like i made that
money you know i'm gonna keep hundred
percent profits to myself
i was okay let me get into it so i you
know i'm one of the first things that
i've done is that i
obviously went on google search forex
trading what is forex trading this was
like what 2017
the beginning of 2017 april let's see
so what is forex trading how does forex
reading work how much can you make
trading forex
you know who are the most top successful
forex traders then i started following
those top successful forex traders
um what is the cow what does how do
bruce wake can you think without a bruka
what what is needed in order for me to
start treating forest you know some of
the questions that i was asking myself
you know i was searching those questions
instead of trying to make it be on
someone so i went there and then i
searched i got as much information as
possible
i wrote down the information not only
that but i
also um i actually you know i i was able
to sit down like after getting that
information gathering it i was able to
also
be a part of some of the forums because
you know on google when you search these
informations
they'll put you you know just though
those of you before you read this just
be a part of this forum
you know and then i just got in there i
was like join i just joined a lot of
forums
i'll be involved with other people other
traders like you know they'll be talking
a lot like
buyers all here doing all these things
but they're a bit more advanced for me
so eventually i met up with the person
that was trading and that person told me
about one group that
my telegram group that i can join you
know i'm you know i went into the
telegram group and you know
i luckily went out of those forums on
google and so on
the telegram group was in a south
african telegram group you know like a
south african trader had a telegram
group so you know he was sharing his
analysis sharing what he believes
sharing all these things
you know and i was in the group for a
short while you know i kept quiet i saw
what people were doing i saw
what the top successful ones in the
group were doing i followed what they've
done and most importantly i
watched a lot of youtube videos you know
i was searching on youtube
the top youtubers that are posting you
know i was watching their content
i'm watching what it is they talk about
what i can learn from them
and some of the books that they
recommended you know like if let's say
you know on youtube they're talking hey
i done this and then i had to reach
read the the naked forex book one two
three i went and then i searched naked
forex i
download or either buy and then i got
that book and then you know i read the
book to psychology books too i also done
that
and then most importantly after doing
that that's it took me
um four to six months four to six months
somehow one day because it was like what
april may june july or september summer
or september
september 2nd september october i was i
was i was understanding what forex is
you know i was i was i was able to buy
sell you know and but i'm also without i
i think i forgot to mention this i got
involved in i got into iq
options instead of the you know meta 3.4
platform
so i didn't know how it works you know
um and you know i was just it says by
here the time limit is a minute
so if you bought and after a minute it's
above you make a profit and so on
but i didn't like that method of trading
and it didn't seem quite well for me it
seems like almost like gambling sort of
you know
so i didn't prefer that that's when i
went to meta 3-4
land on how it works how it operates and
so on and then afterwards that's when i
walked like you know six to seven months
four to six seven months samara one day
that's when i was making just um you
know a few prophets year and day but not
like prophets like you know prophet saw
but here in there you're not walking to
class you know i'm
making maybe seventy dollars that's like
a thousand that is you know a thousand
friends walking to
to college at that time there was
something it was a lot it was exciting
you know like even when the
the lecturer i was talking the things
were going this evening out this side
because you know i was focused on what i
can actually do
with just my you know my cell phone
because at that time i wasn't using a
computer
i was using a cell phone with just my
cell phone
so um after i noticed that yes i
understand what forex is i understand
how the forex market works
i noticed that now i need to have some
sort of uh
you know some sort of a strategy some
sort of uh you know i'm
like plan towards how i'm gonna work out
my things
so now when i needed this i actually
noticed that i needed a mentor you know
like
when you get to a point in life like
let's say not even with business-wise
and stuff
there's a there's a section where i
thought like i sat down i was like i
really need a business mentor here
because you know
i'm pushing business wise i'm i'm i'm a
successful entrepreneur i'm doing my
things and so on
but there's a lot of challenges that you
come through and you actually need
someone that has been through
those challenges that can sit down with
you and be like okay no this i've been
through it do
this do this don't do this you know so
i'm at that stage
but um 2017 with my trading career you
know i
sat down and then i was like i need a
mentor so i started searching on
instagram who are the top mentors
and then i was searching a lot of people
are searching a lot of people are
searching
i'll see who is successful and that
successful person who
what did that successful person go to i
was looking for the source you know
so eventually i did get involved in a
group with a group here by south africa
you know um
it was a four day or five day because
i'm not too sure
but you know i got involved with them
and i went there and you know i
went there and you know first day we got
there
took some information i remember took
notes like to be honest
90 percent of everything that they
taught us they i already knew
from the information that i got for free
off of youtube of the forums of the
groups that i was in
but one thing that i didn't get was
a community you know i was involved with
the community i've got um you know the
chance to be
to be in a room full of traders i've got
a chance to speak with traders
you know like change um you know like
like like just
change the mindsets you know i even
gotta go go
got to be friends with some of them
until this day i'm still friends
best friends with one of the traders
that i met there but
we got the first day you know i learned
to structure i saw okay first day
we learned about business one two three
okay shop second day we learned about
how the strategy works one two three
shop
third day all this and then i put that
down i started seeing what i should be
focusing on like in step by step form
okay this is what okay the basics i know
strategy i got it i'm i'm confident with
the strategy
but now psychology okay yeah we didn't
touch too much about psychology the
deeper side
but i saw you know i went into it and
then i saw then i saw okay
the last part was i forgot about the
last part one like putting all
everything all together and so on but
yes i was able to you know make yen day
still the same thing but i was able but
i was a bit more confident but i was
still able to here and there but now it
was exciting because i was involved with
the group
community and i left that other group
because now i was
becoming a bit more i was like almost
like i'm
i'm reaching the the cap like you know
when you have so much knowledge so much
information but you're not
you're just not making that consistent
profit so you feel like you need to
focus on not making that consistent
profit so that's why i needed to leave
the old group
and not be a part of this group that i
actually paid for that other one was a
free group
this one is the one that i paid for went
in okay that group wasn't too active you
know
we never got to speak so on that's when
we me and
one of the guys that you know we
actually i saw the sun as the
determined in the group so i reached out
and we started chatting you know
personally in the
chat we became friends we met up us two
then we started analyzing every each and
every week we started doing our like we
started pushing for real
and then eventually i left the group you
know because i was becoming
i was i would say that i was becoming
you know good in the group and that
wasn't too good you know
when you're good in a group it's not
good you are gonna reach
a limit you know we need to break those
limits those boundaries
after i became the like let's say one of
the the top ones in the group i
decided to leave focus on me and my
friend pushing that you know
like pushing our analysis focusing on
consistency me learning me focusing on
what i can do to improve my trading
daily
as much as our scene as you know this
guy is so good he's he's good one two
three i hours focusing on
becoming the best and then that is when
i actually joined into another group but
that one there is not i'm from
anywhere it's not from um south africa
randy is actually from abroad so i
jumped into it
you know um and i got a mentor that was
like you know super amazing you know
um i like the fact that you know i was
able to learn not only trading but also
you know the
setting goals you know being able to
just grow
you know trading as a business as a
whole you know i
started trading treating trading as a
business
and that's when my everything started
changing you know my
you know i started just shooting upwards
like this because my mindset changed you
know as soon as
i already knew trading already knew a
lot of things
within trading but i just needed
something so
just the one percentage that i done took
my training to the next level you know i
was able to grow my accounts massively
i was able to make profits i was able to
be consistent i was able to do a lot of
things and
it was exciting so now i needed to work
on something which is
i focused on pushing my brain you know
for jesus came up with my brain for
jesus and i you know opened it i created
a group you know i made people join into
it
and you know so now the most important
thing is not to see myself be the top
successful in the group
the most important thing is a challenge
you know it's actually to
help other people be able to be
successful which is
something that's a bit more tough you
know tough to do because i'm still on a
journey to be successful
and here i am i have to help other
people be successful on which this one
year is the one that changed
everything for me as soon as i started
like you know i was making consistent
profits and so on
but as soon as i started focusing a bit
more on helping other people in forex
juices
my trading went you know like it started
shooting like three times five times to
the next level
my knowledge everything started to
increase because why
when someone asked me receiver how does
this happen
this person is a member that's within my
team i have to know i have to
be able to help this person i can't say
i don't know so
it's a must for me to know so when a
person says how does this happen if i
don't know
i have to go out they get that
information get as much information as
possible
then come back and be able to help that
person so that's that was
the the best thing that i have actually
ever done because that way i was able
to learn quicker and way more than
better like course course because i
started focusing more on
i need to be able to know if it's pips
for instance i need to be able to know
and master how pips work so when the
next person comes and asks me
i should be able to explain to them
easily if it is something a bit more you
know
deep i should be able to know that
because i'm a mentor to someone so
that person would rely on the
information that i share with them
and after focusing on this i wouldn't
like started things started to push you
know
things started to grow and i i grew also
as a three day you know and it also got
to happen whereby i was focusing too
much on learning and helping others
that my training was starting to sleep
because i wasn't placing too many trees
i like
i wouldn't say placing but i wasn't
focusing too much on me trading as a
whole
then obviously now it's all about
balancing i had to start to balance the
business side of it
and also me trading as an as an you know
me working for my company you know i
started to
focus a bit more on that and then it
came to a point where i was able to
balance the two
because i was able to actually automate
the business side i was able to grow
some of the members so they can be able
to grow other people today i have you
know multiple um successful students in
the group like you know
i'm excited to be seeing such um
testimonials for from also the members
that i was able to help
you know and most important until this
day someone would be thinking that
we are maybe i'm at a level that i'm
confident comfortable or confident in
but we are still pushing you know
because i'm still learning i still watch
youtube videos from other traders you
know i still
read books here by my side you know i
still i still take
actually today i think yeah today
actually he just stopped us on usb
here's the team i guess we bought usb
markets in nasdaq
i took a stop loss on yesterday i'm
still holding this that we'll see what
the outcome is
but you know i still do take stop losses
i still there's still things that i do
but
the most important thing is for me to
understand that i'm
consistent you know being consistent
means that within a month's time i'm
able to withdraw from my cleaning
account you know
larger amounts a month that i was
dreaming of making and i'm able to live
off of that
but not only that i'm able to rely off
of you know just my trading
income stream even though i was able to
develop more income streams you know
that's one thing that i like about it
too
and you know i i'm confident to say that
um me just taking a step on
or risking um whatever that i had
sacrificing what i to sacrifice in order
to learn forex trading
was the best decision ever because it
taught me a lot of things today i'm a
successful entrepreneur i'm an
entrepreneur
because of forex trading you know i'm
i'm i'm pushing this multi there's a lot
of things that i'm looking forward into
because of forex trading as a whole so
one thing one message that i'll leave
here for you is that
focus too much on you know um learning
how the market works focus too much on
understanding how the market works once
you do get that how it works
focus more on how you can be consistent
how you can make money with that
knowledge that you have and once you
have made money with the knowledge
focus more on um sharing that knowledge
with other people you know because once
you do get to share knowledge with other
people
then you'll notice that it will force
you to to become
you know a much more better person and
eventually that's gonna lead to
great success you know it's gonna lead
to massive success for you but
obviously i hope that this video did
help you out i hope that you actually
got some
valuable information from this one thing
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and i'll see you till the next video
you
