"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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