Most professional traders will say you need perseverance to make it as a trader. But Lesiba Mothupi had no choice but to take this “perserverance” to the extreme.
From growing up in poverty in Johannesburg, South Africa, he used his entrepreneurial spirit to go from having no direct access to the internet (while living in a garage with his family) all the way to becoming a profitable US30 trader who makes bank every week (when he’s not being held up at gun point… Yes, we hear that horrifying story in today’s episode as well!).
And piecing it all together for you is a solid video where Lesiba kindly shares how he breaks down his trading on the US30 to pocket 3R trades.
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Lesiba’s Trading Strategy
[40:48] When you are teaching, you are learning. The more you teach, the more you learn.
[43:52] Trading teaches personal development.
[47:34] Don’t trade to double, triple, do all those massive numbers but instead make sure that at the end of each and every month you still have your account.
[48:52] The most important thing is understanding the momentum of the market.
[49:39] A candlestick is the most important thing.
[51:53] Trading is like you are your own boss.
[57:43] People should invest their time into learning and hearing about other traders.
[62:01] Trading teaches you more about yourself.
[63:13] Feel yourself being a consistently profitable trader.
[64:56] Have trading goals, have personal goals, have a routine, and believe in yourself.