"I hit ROCK BOTTOM and Sold Almost Everything to FUND MY ACCOUNT" | Ruth Mungoni
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Guest
Ruth Mungoni
IG: / ruth_diamonds
Host:
Nqobile Tembane
IG: / nqobiletembane
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Timestamps
0:00 Intro
1:43 Who is Ruth
2:36 First time Ruth heard about trading
3:28 ad
4:23 Jason Noah’s testimonials convinced Ruth about trading.
5:56 The importance of researching things you don’t know.
8:40 How not having a mentor will prolong your success.
10:56 How a bad support system can affect your trading.
12:01 Ruth’s advice to how you can invest in your trading knowledge.
13:08 How not understanding trading psychology affected Ruth’s trading.
15:10 HAVE A TRADING PLAN!
15:42 Ruth’s trading style is monetary based.
16:24 Why Ruth believed so much in trading even after all the losses.
17:20 Ruth’s first ever withdrawal. $250
19:50 The importance of a strong driving force.
21:45 A crucial part of Ruth’s come up.
22:44 How Ruth got scammed in her early days
24:29 Ruth’s rock bottom and how she sold almost everything to fund an account.
27:22 How Ruth got into selling signals.
28:03 Selling Signals allowed Ruth to start funding her accounts again.
28:54 How Ruth built up her first strategy.
30:55 The reasons why Ruth chose full time trading over getting a job.
36:28 What goes into building your own strategy.
41:07 Ruth doesn’t believe in nursing trades.
42:40 Ruth’s breakdown of how she trades NAS100.
44:41 What is a FULL MARGIN TRADER.
45:55 How does a full margin trader manage their money?
54:33 What full margin trading does to someone’s psychology.
56:30 The deference between Synthetics VS Indicies
57:50 Things to avoid as a Synthetic Trader.
59:39 The first things Ruth looks at when trading.
1:01:29 Ruth’s favourite pattern to trade. Breakout.
1:03:40 Ruth’s biggest loss. -R26,000
1:10:33 What losing so much money taught Ruth.
1:12:12 Why trading with other people is important.
1:13:14 Ruth’s trading plan.
1:15:40 Outro
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Пікірлер: 245
I like the maturity level of Nqobile, even when the guest fumbles or rather make mistakes he keeps his level of coolness and he doesn't make the guest feel uncomfortable
That's me. We won't stop. Forex forever
@NtombizamaswaziShabalala
8 ай бұрын
Me too
@lindiwengwane8286
8 ай бұрын
Are you ladies making money? Im struggling, please teach me or share your strategy please.
@kaylomayekiso3851
8 ай бұрын
Not a mentor or anything like that but maybe if all us (ladies down this comment session) group up and find a way to connect and help each other?
@lindiwengwane8286
8 ай бұрын
@@kaylomayekiso3851 that would be awesome 👌🏾
@mrrabotapi.2324
8 ай бұрын
@@kaylomayekiso3851 this has nothing to do with Trading but my neighbor's surname is Mayekiso...maybe you know Him Sesona is his name.
big ups to my venda people pushing. i'm proud of y'all. also big ups to everyone in the industry let's keep on pushing
Your story is so impressive and encourages us upcoming traders to believe in our dreams. Joining your team gives me more confidence to keep pushing till I make it and With God's grace we shall make it. You kept saying "Don't worry Sis one day you will make it"🙏🙏🙏 Next year we will kick it strong💃💃💃💃💃
This guy interviewing here has a different level of communication. I respect you bafo thank you for being able to ask good questions and welcoming to your guest. Ruth, indeed, you are a star sisi.
Forex is indeed spiritual. Either you involve God or the devil will invite himself
I'm never giving up, thanks to this lady ❤️
My High School Mate, Very Smart and Genuine, a real one
Am a full margin trader too and I have something to share towards risk management and my trading plan. Firstly I have a solid trading plan to protect my psychology;I trade only two instruments which are Gold and EURUSD,take a maximum of one trade per pair in a day and I trade each pair on its account,if I took two loses in a row I then wait for the following week.On risk management say I have 1k I will break it into 4 accounts of 250 with the aim of making around 1k per flip.Also I have a maximum of 4 trades a week
@sibusisomkhabela1820
8 ай бұрын
What does full margin trading mean?
@ndumisomakhukhula4890
8 ай бұрын
Watch the podcast
@andrewnkhoma2418
Ай бұрын
@@sibusisomkhabela1820 It is when you risk the entire balance on just opening the trades from the very beginning
@TshengisileNdlangamandla
Ай бұрын
Thank u for sharing
I like what she said" without a mentor u learn lot of things n come up as a pro
learning by yourself does not prolong your success, i know people whos been on almost every life time mentorship and still blowing accounts.
@kudzaim5434
8 ай бұрын
Very true I prefer learning by myself They just want more clients these guys
Second one here. Peace. Love&Light🙏🏾. I see myself being interviewed by Nqobile in the future. Cape Town female trader here😊
@u.802
8 ай бұрын
yes girl , I also see you💗
@tshepangmhlongo479
2 ай бұрын
Hi
Her voice is so calming🙏🏾
🥰😁It's her laughter for me Thanks for the content guys
@stylishkeys explains full margin trading in one of his vids and it made more sense. These type of trader still have money and risk management in a way that they only transfer what they are going to use to place a trade but they keep their other money in the wallet or bank. Deposit 5000 in your brokers account, transfer only 1000 to risk and trade that without a stop loss. That amount is your entire stop loss, either the trade is working out or not and they know that 1000 is all they gonna loose. Great interview though some of your questions went over her head but she gave explanations in some interesting things nonetheless. 💪🏾
The reason I watch most of your videos is that I'm within this journey and I can relate
I Love how the Interviews are more of a chilling conversation than an actual Interview... Loving the Vibe man
what a beautiful and honest interview?! I will definitely watch this again and again coz i resonate so much with what she said.
Ruth 'WhatNot' Mungoni😂😂😂🎉🎉🎉Loving you gal
What an insightful interview, as traders we get tested often and go through a lot and this interview gave me hope and reminded me that I will make it one day. Ruth is such an amazing example to beginner traders out there. Keep shining your light and keep inspiring mama. 🎉
Liking before we watch,cause it's Ruthhhh!!
nqobile interview rydall flicks next !!
She has a beautiful soul, calm and honest.
By farrrrrr the best episode for the year to me...not saying the other ones was bad,but this was the one...I've been watching...This is amazing
22.24 she mentioned that someone scammed her 400$ I think she took that same anger coz she scammed me 50$ claiming she'd take it to 500$ as account management but you gave me strength to even go harder and now I'm actually seeing the light. All lessons by the way
@lahlahgee
2 ай бұрын
Did the same to me
Ruth Muko ❤❤one of the real traders out there
nah nqobile you need to do something with these mics cause ever since ive watched market masters i always have to put headset the volume is so low
I'm from Namibia buh I love SA traders, they are on another level... So much I'm learning from them. Thank you Nxobile for this channel it honestly keep me going with this wonderful stories of inspirations. Especially when I blow my accounts😂 I come here and pick a video and listen for more inspirations and It made me go do research so I improve my skills
Thank you for this channel.learning alot
Your story is eye opening. Keep going Ruth
I recently blew my account , I need motivation and inspiration. This channel keeps me going🤍
Thank you so much dear God bless you ❤
amazing interview 🔥🔥🔥
These interviews are so inspiring for .Thank you.
Never knew Ruth buh I'm loving her vibe already ❤❤
Very inspirational ❤
She sounds like a very sweet person 😂
as a full margin trader you don't put all your eggs in one basket. eg. if you have R1000 you should divide it into 4 and you have 4 chances to trade with R250, you can be wrong 4 times and if you win once you get to make 4 time that amount. open an additional account to keep you other funds in.
The girl from my home town - shout out.
This channel is necessary 👏🏾 great interview and so relatable
Very inspiring keep up the good work 🎉🎉
Her mom sounds supportive. My mom kept offering me money to trade when I first started and I told her wait until I know what I’m doing so I don’t lose your money.
There's no such thing as a Full Margin trader. If you have $1000 capital dedicated for trading and you fund $100 then go full margin on a single trade, you've essentially risked 10% of your capital.
I am so super grateful for this informative session.. Thank you♥️
very honest person
I like Ruth as a person but as a trader I am not sure🤞🏾😂. I once tried her copy trading not really copy trading she logs into your account (it was a blow) her risk is to aggressive that’s why she wants to trade for people because when it blows the is no consequence for her. I know another trader that shared the same experience.😂🤣😂. In one of her yearly groups she pulled a Zakes after partnering with a new broker forcing people to register with that broker saying she is going to close the group and post in a new group, obviously for her affiliate commissions😂🤣😂.
@kudzaim5434
8 ай бұрын
Haha ther is always shady business going on behind the scenes. I can never trust a trader that sells courses and signals
@gontsefloyd8531
8 ай бұрын
She’s a saleswoman G 😂😂😂😂😂
@gamingdepot2022
5 ай бұрын
@@gontsefloyd8531 lol, she did say she has to make sales.
Why do I feel like most people in this forex industry are from my province Limpopo a ni twisisi kuri swi vangiwa hi yini😯
ruth is so pretty arghh man😍😍
Bring rydall flicks
Sound like a gambler 💯
"If I'm going to work from Monday to Friday will delay myself " Ruth ❤❤❤❤
Nice one Ruth, we all been hell and back, this is the ruthless industry, you still have a long way to go ,level up lets goo🤣🤣🤣🤣
I love her. She’s always inspired me. She’s so cute and bubbly lol ❤️ thank you for this interview. 👏🏽🔥
Amazing interview/discussion between these two young brave people about the value of knowledge, the difficult experience, the growing pains to learn success & risk/reward strategies.
In no world can anyone ever convince me to trade full margin because you put any chances of scaling your account out the window, I loved the interview and enjoyed her story. I love how she said she loves trading and you can wake her up at any time of the night asking for analysis. 😎 We can all learn something from this.
she's very honest and relatable
The best in the game ! All time favorite, I am inspired.
Oh my mentor Ruth. She's real,pure heart. Learned so much about.
@ginam9101
8 ай бұрын
are you making money tho
@plaxyworldwide
8 ай бұрын
@@ginam9101 don't be fooled by those mentor msgs
@kudzaim5434
8 ай бұрын
@@ginam9101 my question as well
I enjoyed this episode!
You are the best mentor keep on inspiring the world
She seems so chilled...would love to see some of her trading videos I love aggressive traders 🙌
Don't rush your come up, baby steps and hard work will take you where you want to be in life
This was entertaining. Deep in the chuckles 😂🤣
NEVER GIVE UP,HARD WORK PAYS!
The spiritual guy sounds like Ref Wayne
@SbuJSM
3 ай бұрын
😂
She is not lying about targets 🔥
Thanx Ruth u are the best therapy right there reality of trading
Great interview Nqobile 👏👏 I would have had a nervous breakdown with 800 K 😂😂
Being a "mentor "to rely on subscription fees to fund your account because you ain't profitable is wild lol, and isn't constantly blowing accounts just translates to being a bad trader?
@georgemosia5264
8 ай бұрын
thats a conversation for another day lol 😀😀😀
❤❤ i love her aunthecity. We need more of her type❤
There's nothing wrong with a full margin trading because you only deposit what you can afford to lose it's like a risk management you can have 20k but your willing to risk 1k so you need to put a stop loss but as a full margin trader I don't deposit 20k but I deposit 1k and blow if I have to but we are all the same because we have lost one 1k
@b.enough3107
8 ай бұрын
You are smart.
She's literally preaching
Loving her for her honesty♥️♥️🔥🔥
I like the truth she is saying about people and God after losing. Also telling about her strategy. Good luck girl
Where can I find synthetic indices community I really need it
You are the best mentor I have ever meet.
i love her so much, Mrs MGM diamonds💎❤
THE BLUSHES 🤣
Watching this you really touched my heart in so many ways it even give me courage to quit my work and be a full time trader.i believe I will only achieve my dream and everything I want through forex. The way you make it sound it sound soo easy. Thank you Ruth for this interview encouraging
1. You can trade in isolation, thats another way of eliminating noise. 2. Whats the difference between gambling and full margin
First one here. Love from Ke
Ruth is a true definition of never giving up on a dream that only you can see despite the obstacles and ups and down she emerged a conqueror and now she is the queen of the forex markets 🔥
I SEE A STRONGBOND HERE
She never give ups. The more she blows accounts the more she learns and the more a better trader she will be in the future. She is no waiting for a perfect strategy she just goes. Thats what i admire the most😊😊
She a good vibe.😊😊
She's such a cool person her laughter says everything
Bring DJ couch or John ghati you will see the views
I'm a full margin trader too especially when I'm trading US news NFP, PPI, GDP, CPI, ADT-NON FARM etc.😂
Where can I report an account management trader ? If it happens they scam or not refund you.
This girl has all the truth I have realized and I'm just like her even the mistakes I make are the one she used to make.listening tentatively
I watched the video up to the end true once one got addicted to trade there is no way he/she can quit the trade big up Ruth
Full margin gambler
@samanthamkize6931
8 ай бұрын
😂Lol aybo Ayanda... You also go hard nje
I am sure NQO will use RUTH 's strategy😂
i lam inspired wt your journey
Today I lost R16k 😢...this video helped me❤😭😭😭
@u.802
8 ай бұрын
maybe try to take a break and practice your stratergy on a demo account🤍
Such an awesome interview. Ruth you are authentic. I have worked with so many traders, I have left you and I’m literally back for good. Your authenticity is Everything. Forever greatful ❤️
She is so real😆😆
Wow, I must say, you are the epitome and essence of perseverance and determination. Despise the numerous failures but you never gave up. It's truly inspiring to see someone who works so hard despite the setbacks they've encountered. I want to commend you unwavering dedication and resilience. Honestly you serve as a role model for all, reminding us that success often comes after facing various challenges.
you talk reality 😀
The only strong woman in the trading industry