Lost your Forex account again, money is tight, relatives repeatedly calling you fancy names like “The Black Sheep Of The Family” “The Only Bum In The Tree Never To Finish College” “Forex Lunatic”. Your Girlfriend left you again “you can’t afford fancy dinners”. Your broker is not returning your calls. Your account just got a margin call and they locked the rest of your funds away”
Does any of this sound familiar?
If it does LISTEN UP!
There are several possibilities. You may be a pathetic loser suffering from ADD, not able to concentrate for 2 seconds on anything, trying to check emails take a trade, answer phone calls and whatever at the same time(we will EXCLUDE that possibility for the sake of sanity in this text.
On the other side you may be a decent person trying to make living with Forex, busting your balls to make sense of it all, trying over and over, changing systems, stacking strategies, rolling curves, bouncing angles, but on the end you have nothing to show for it. Actually on the negative you have something to show for. A LOT of Receipts. Yeah you red that right. Receipts from all the things you bought and piled in your library. It all suppose to teach you how to trade, how to leave your job, fire your boss, bust out of the 9-5 rut, escape to a deserted island with your laptop and make millions trading online with the biggest obstacle to overcome(FIND A GOOD AND SECURE INTERNET CONNECTION)
Well, don’t feel too bad it is NOT YOUR FAULT!
See, the reason I can describe all the pains of forex trading and online lifestyle so well, is that I used to live that scenario above daily. Yep go through the motions, like a complete moron, buy the guides, attend all the guru webinars even to the 30-60-90 day challenge and guess what my Trading account was still DOPE…. My parents were ready to throw me out of the house I couldn’t afford a decent place, so I stayed with my parents. I could never hold a job for more than a couple of months (call me a bum) and I had this Forex obsession. I would open several trading accounts you know the $50 bucks accounts and the mini accounts and trade, trade and trade until I lose the $50 bucks…it happened every time. In fact it was guaranteed to happen, because I started the trading with this intention, to blow through the $50 bucks. The brokers loved me…here comes the perpetual loser…yeah go ahead and open another $50 account. All this complete mess continued UNTILL …
But let me not get ahead of myself, actually I managed to clear a small profit on one of these accounts and was leaking my chops ready to transfer the profit to my bank acc. I tried to log in to my account and to my great surprise the web page went to 404 error. Tried to call the broker…nowhere to be found it turned out this was one of those fly by night companies. You know the game let’s collect some deposit and get the…out of here.
So coming back to my previous point. A friend of mine, I guess in the same bum category, managed to get a job as a valet parking attendant at a exclusive club in my city. Now it was very hard to get a job of any kind in this club, the screening process was rigorous. I don’t know how my friend managed to get that job (considering not a perfect history to say the least), but he achieved that feat. He was always bragging how he gets to part all the expensive rides of the guests and the huge fat tips that came with it all.
Now at one point he mentioned that this guy I will call him (Mr X for obvious reasons) is coming to the club to do a seminar and all of the management was freaking out to make sure it all was perfect and pretty. The guy happened to be one of the big shooters in the trading arena, known to pull huge moola( as much as 100k per day in one occasion). So you can imagine when I heard this, my ears perked, my eyes opened wide, and my hard take off drumming…
But before we go further let me throw in a detail. This club was only attended with invitation, you had to pay thousands of dollars…
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