The Dark Reality of FOREX in South Africa
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- čas přidán 23. 07. 2024
- In this video, we delve into the shadowy world of forex trading in South Africa, exposing the deceptive practices of self-proclaimed forex gurus. Join us as we uncover the truth behind the flashy lifestyles, luxurious cars, and extravagant claims made by these individuals on social media.
#ForexScammers #ForexFrauds #ForexGurusExposed #SouthAfricaForex
I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
It's a great idea to have a conversation with
financial advisors like Emily Jason to reshape you
portfolio.
That's true,. Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on CZcams.
I agree with you, I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..
Emily Jason’s special strategy is in her realistic approach and that’s sets her far above other brokers who sets outrageous targets and fails to get it.
During a gold rush, don't dig for gold. SELL SHOVELS
Great video. One thing most people don't get is that forex is not a scam, but if you go into it with very limited knowledge, you will end up making bad decisions (such as buying these courses) and gain absolutely nothing at the end.
SOOO TRUEE
The level of wisdom one gains after being scammed isnt of this world, just another level.
Even better when you know how to avoid scams in the 1st place :)
All it takes is a little research.
its on another dimension
@albaloyi9823 😂😂 levels is for small boys
Fr
They are no secrets in forex it's all a similar strategy but the descipline aspect and psychology is the hardest part of it
You can say that again
True
9nine!! They know we not disciplined.. that's why this cuts so deep 😂
Elaborate on the discipline and psychology aspect bro?
This video has to go viral especially to high school learners. My former classmate was so obsessed with forex, he had to skip school 2 weeks to go to some conference in Joburg, now this year he went to ICU and he lost his memory, lost his money, doesn't remember anything
I dont think forex had anything to do with that , that person has mental issues period!
🤣🤣🤣
He does!!!@@jayceonmonnakgotla
🤣
@@jayceonmonnakgotla😭😭💀
I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?
Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.
It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.
I spread out my $25k portfolio across various markets to diversify my investments.
That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.
Naomi Dean stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!
''It's cases like these where I start to wonder, why does he even need these people's money in the first place, when he's a supposed millionaire'' I'm not endorsing their actions in any manner, but it's important to approach the subject rationally. Millionaires and even billionaires always strategically hustle for multiple income streams to make sure they stay on top of their wealth game. Even the most affluent individuals can encounter unforeseen financial hurdles, as they aren't immune to market shifts.
PONZI SCHEME
That's exactly what I was thinking. You can't sustain your status of being a "millionaire" by doing one thing, you have to find other sources of income to balance out the potential risks of forex. Let's be real forex on its own can make you a "millionaire" but you have to remember that there are potential risks of losing your wealth thus going from "millionaire" to "poor" in a short period. It's only rational thinking to find other sources of income that will accompany your forex journey to prevent big losses from forex from taking over your life.
The problem starts with the information the ppl are fed in the media. Ppl now believe that by doing ONLY forex can they only become their role models and believe that they do not need school or a job to support this journey. Ppl don't seem to also realize that their mentors or role models no longer do the "actual" trading to make their money, they just profit from them (the viewers or followers). Their rms or mentors maybe their main profit is about 90%~95% from other stuff while the other 10%~5% is from actual trading.
exactlyyy
You don't see Bill Ackerman, Warren Buffet selling courses. They try to find alternative streams of income but they don't go out selling courses and investments strategies
You don't see Bill Ackerman, Warren Buffet selling courses. They try to find alternative streams of income but they don't go out selling courses and investments strategies
Thank you my Guy for shearing the light on this particular subject,it was indeed eye opening ❤❤
damn bro, first time bumping to a local show bizz channel with these sick visuals!
Ref Wayne - Fast Talker
I don't like fast talkers. They are usually people that do that on purpose or strategically, so that they can either confuse you or make it hard for you to track and recall their statements. That way, it's not easy to use what they say against them, during the conversation. They also bombard you with a lot of unnecessary info to derail you from the main topic of discussion or any questions that can trap them in their lies. Ref Wayne gives off that vibe.
Sandile Shezi - Politician in trading
He knows how to sell you a story relating to his trading endeavours while carefully choosing his words and leaving out important details. So that he can make sure he doesn't incriminate himself with his statements. As for the question of whether or not he's guilty. I can't just outright say he is but he hasn't convinced me that he's innocent either.
He was created that way bro. The industry is flawed no doubt but let's stop making it looks like all of them are scammers.
@@UnmaskedFinance I only said people usually do that on purpose to confuse people. I didn't say he does it on purpose, even though he gives off that vibe. I wasn't a conclusion.
@@jaydenandrews02 I hear you
Great video to be shown to people just entering the forex market. I have been trading for 4 years and last year was my first consistently profitable year. I still had some horrible days eventhough i was consistently profitable overall. I did not buy any course, i watched youtube videos and failed miserably several times but one thing i will say is never let those failures discourage you, always look for the reason you lost that trade and just keep trying to make the next day better than the first. Trading is a marathon not a sprint. Be patient and stick to one strategy that works for you.
😂😂😂😂😂
I'm a successful trader, never traded for anyone but myself. No need for that if you really can trade. Thanks for the heads up to unsuspecting people
Me too I don't offer any service
@@pablo.m0476like what’s wrong with offering a service…I also trade for myself got a free signal group. I hate that they call everyone that offers a service a scammer. I’ve bought courses that didn’t help me but that doesn’t mean I was scammed🤦🏾♂️
if you good trader help those who want to make money in the sector.....
Let us see your see your withdrawals Vs funding your account 😂😂
✅🔥
First time on this channel and it's dope, top notch production.
Man, I love how you speak! Damn dude! Well done! Great job bro ❤️❤️❤️
You killed this video. You've inspired me to create my own videos at this point..
I love your Video Edits man❤. How did you learn to do that? It just feels as if i am watching an American CZcamsr. I also love your examples from real life situations. Continue young king, consider me a number one follower 🔥
These videos are tooooo good honestly,WOW!!!
Keep up the brilliant work🔥🔥
Bro!The editing and the way u narrate!Jooh!🔥
And tota fela personally one has to invest into something they know.
I loved the video bafoza wami, u should make another one. It should be about Aviator, l would like to hear u talk about that crazy aeroplane 😂😅.
Loved the video .Very informative and entertaining , keep pushing your grind?
love the editing bro.
please make more videos🎉🎉
What a great video! This is such great commentary and it was very educational.
First time I'm encountering your channel and all I gotta say is that, Great Video. There is a saying that If someone is selling you a product that doesn't exist, you just may be the product.
hahaha that's one way to see it 🤣🤣🤣🤣🤣🤣
Glad you came across the channel somehow. thanks a ton
Awe from Cape Town make a deep dive into the taxi wars please dope content. liked and subed
Shout out to you my Gee. Your presentations legit and funny ..
I came here for the comments. Finally someone speaking out.
Well done boy. Subbed to your craft. Informative and inspiring 🎉
beautiful, well done bruv. see you at the top.
A very good highlight!Let the buyer beware!
loved yo vid man 👌,hope southafricans will try and dissolve that mindset of seeing forex as a get rich quick scheme.maybe then they wont fall into all the mentorship and signals provider nonsense
Thank you you do great videos. Well reaserched...Please make more
appreciate the insight , the graphics are amazing , top notch
I so much love the areas you are touching, bcuz wen u fellow this supposed gurus strategy and it doesn't work, you start thinking you are the problem, beating yourself up
I started investing when I was 37, mostly through sweat equity. I just turned 42 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT!
You don't have to get rich quick, you just have to get RICH no matter what.👍
Congratulations! That's massive, how were you about to achieve that milestone
That's true and you can imagine the profits people are making daily by just trading stock market or bitcoin
Investing in crypto and stock market is a good idea, a good trading system would put you through many days of success.
It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
A lot has changed and that's on everything but the truth is that i don't even care much about bullish or bearish market because Jeff O'Reilly help me a lot, I am comfortably earning monthly
Imagine you are a day trader, teaching people for free is not a thing,u are taking your time of the charts,doing other things in life does not mean forex trading is not doing well,u can still do something that pays while forex is still paying.
I subscribed when you were on 2.55K ! your video editing is mind blowing
There is even more money in forex than you've ever thought 😃 charging for mentorship is a commitment fee 👍 but yet there are scammers 🧟♂️
People don’t realize that teaching someone takes a lot from you..I had a mentor who used to teach me ..I can say I was a hard student .
Just as this video is high value plus your voice
The same way once in a while you find real Traders
I almost fell for this glad I chose CZcams in the end, nice video
Its just business. The market is not a fixed source of income and even professionals aren't immune to losses. As a trader, you need to start a businesses or else you're screwed. Selling courses is one of the best ways to earn a steady stream of income and it is indeed true that not all of them are effective and that's honestly on the people who buy the faulty ones. If you can't differentiate between a good, verified trader's course and a scam, you're honestly not cut out for forex and that's the sad truth.
Watching from Kenya 🌍 learning the flashy flashy live styles it's good to show off for your proud work anyway if you have too but let it not be on the cries of men.
Beautiful Insightful Video, Keep it Up Bro
High level production 👌🏽
Follow the money. If there is a conflict of interest, it's a scam.
Dude I totally love how you present your work. Your use of language is the stuff I live for. I'm your new fan. As for Ref Wayne that guy is delusional fosho. It shows the levels of ignorance in our society.
This is a great video, Forex trading scammers in South Africa this is a pandemic. These guys must be exposed at all cost and hopefully brought to "justice" by our country's "justice system"!
yjooohhh .. utlwa daman -
"levels are fo boys , these are dimensions"
gud 2 see mre people are exposing these so called gurus, great content
You doing good by showing the young ppl the truthfulness of the wrong that is going on
your video editing is sick...big ups gee
Bru😭🔥
😂 Forex ain't for the faint hearted, it can and often does create such bitterness ☝🏿
That is the best Sa Video ever you just got a subscriber
Trading is not a scam.
People are scamming people with the main product being a course, or package. None complex.
I agree
The editing in this video🔥🔥🔥Please share who edited this video??
Would be himself. You could do it too if you tried.
Research is key in everything you do .Always do yoir due deligrnce and spend time learning the graft
Yooo, this is a great channel. Could the only one in SA
This is a very important video for the young guys who want to join the market
James Jani topics with a Johnny Harris look and feel? i see you. nice work
Great work indeed.
Earned yourself a new subscriber. Looking forward to more great work.
I ask those questions Alot... If something is making you millions why would you share it out ?
Thank you bro for the enlightenment watching from cape town
This is so well done. The editing and articulation are on another level. Big up Sir!
@fransivarsson8427 Thank you I will check her out.
Your video editting is great. What software do you use?
With love from Nigeria ❤
Not only course sales they are also paid by brokers to promote them and provided with fake platform servers that why they are always on blue chart , maMan forex trading is not easy as we can just say forex it need consistacy and perseverance also goal setting
Thanks for this kind of contents, investments or Forex needs a good research, don't trust anyone. I recently followed how to code the trading bots as I do part time programming or and it proves to me that markets is not a walk over, People out there are scamming people
Man you are so talented and genius. Big up to you Sir. You hit the nail on the head. Hats off
Because information has value
do part two bro and don't forget to mention john ghatti the robot seller 😂
how about Classic Forex Trader and Jason Naidoo!? They're selling people dummy robots.
@curiosities what are you using for editing your videos
Brow huge thanks for this video ❤❤❤
Great video champ, keep it up
Trust me, you are going to blow up.. and i am glad to have found you this early. Keep up the phenomenal work bro ❤❤
those who trade and understand forex will tell you that those guys can really trade and do make money from trading, but if you don't understand fokol about the markets you'd think otherwise
True man
Ref wayne is slick though.. I like the guys charisma😂
these cats are fraudsters, what they do is they work with local brokers, they have followers and sometimes give out incorrect signal to their followers deliberately, that way a broker gets to eat and they get a share of the spoils, so whether they have winning trades or not , they still get to eat from the broker, you should check most of them even have branded cars of local brokers, do you honestly expect a person to give you a winning signal? that's like going against their handler, another topic that needs to be discussed is these local brokers, their spreads are different from international brokers, you are more likely to blow and account with a local broker than with an international broker, local brokers are also scammers like these influencers that sell signals
Selling of signals and course is part of forex business. No wrong in that. It's only wrong wen one is selling a course that doesn't have results,,,at the other hand results depend on you. We all went to school n not all of us passed. So yeah scammers are there so are the real mentors
Bro love your content ❤
Bro., I just had to swing by and give you props for your awesome content. Your video is seriously top-notch, and I'm loving what you've done with it. I don't usually stick around for the whole duration of CZcams videos, but yours had me glued to the screen. Kudos for the great work, and keep those fantastic videos coming!
Hes talking shit though
Y do u believe him I'm a trader
If u haven't been trading wouldn't understand Forex
Good Production boy 🙏🏆🎯
I got a Octa FX ad on your video 😂😂😂
Bro this video is top quality 👌
I think what most people should pay a lot of attention to is how easy it is to create a "crypto currency" as a front to essentially rob whoever is dumb enough to invest in the "venture". It turns into a pump and dump, not too disimilar to what people like Logan Paul and em have been doing to their fanbases.
Usually, if it seems too good to be true, it usually is, especially when it concerns your own finances.
This cannot be overemphasized. SBF did the same thing with FTT (or whatever it was he called his token).
Is Logan Paul a scammer too?I almost invested my money on him last months
@@wisekidforexmarketing1233 99% of cryptos can't hold water. Ofc Logan Paul was a scammer too
Hi please tell me what must I do when they say FDIC is the one that is holding my money. Tell me what must I do now
Love the content bro! Love from Namibia and the USA❤
Lovely video and more importantly
Insightful information
There is so many truth in this video
Video edits are fire
Thanks for unpacking
bro what app or software do you use to edit yoiur videos
great video man, I hope you do a part 2 or even a series on this topic
Big up bro! More fire
Fire video, keep the content coming.
Well done my G i loved this video
This guy is true, don't trust wht u see in the Internet, 😮
Not making up to a million before retirement is unfulfilled retirement.!! I'm 54 and my wife is 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer blaming FED for our misfortunes. Saving and investing lifestyle in the crypto and forex market made it possible for us this early. even now, we earn weekly
@MuhammadRoseJP If you trade with an expert, you will make a lot of profit in trading such as Bitcoin and other cryptocurrencies.
Yeah, the crypto market is highly profitable with an expert broker just like Expert Mrs Theresa Walton. I got recommended to her and since then my financial life has been a success.
Amazing 🥰 seeing others talking about the good works of Ma'am Theresa, I started my investment with $15,000, and a week later, it has grown to $55,000. This woman!! Absolute intellectual.
I'm a living testimony of the expert Mrs. Theresa Walton, she has been trading for me for years now
Her success story is everywhere💯
Ref founder pip coin without knowing what a block chain was...very funny😅
You just so real. Thank you
New subscriber 💯
"Why are they not recognized by top financial institutions"