After 4 years and a couple months trading I believe I'm ready to start living out of Forex. It took me longer than i thought. When i first started trading I was naive enough to think I would be rolling in dough in a few months. Oh boy I was wrong !
Anyways from now on i decided to record this second phase of my trading experience here on FXbook.
I'm far from being what my nick name suggests 'a forex oracle' but I believe I will get there. The next six or eight months will tell me for sure how the rest of my trading life will be.
Yep Zero it did hurt! Especially when i think that I lost 25 grand between May and October 2007. Thats the price of a big ego, i guess. I always think that I'm smarter than i really am. Looking back I see that I blew my account in less than 6 months which put me right in the 'below average' guy out there.
The other 5 or so grand I blew over the years. After my margin call I got scared of trading, something that took me months to overcome. Than with a smaller 'ego' I went after help and cot myself in the hands of scammers over the net. This new approach did cost me money and time, a lot of time! I went through 5 or 8 self proclaimed 'gurus' and each time things didn't go well and I ended up still losing money it took a big chunk of my mental strength.
Then I decided to go alone again frying my brain through nights and nights for another year and a half till things started to make some sense. Actually to be honest I think my losses may be in the range of 35 to 37 grand so far.
I'm starting Monday to post daily about this second phase in my trading career. When I first blew up my account I was trading full time, I don't have this luxury anymore but if my calculations are correct, in the next 6 or 8 months I should be back full time. It is tough to have to manage family, work and forex but if I want to give my kids a better future I have to do it. Thats why this period will be so important to me. If I'm right I will be in a very good financial situation by the first quarter 2012. If not I will be bust by Christmas! Lets see what will happen.
TheOracle posted: LOL Zero! Yep! The best thing you can do when you realize you can't trade is to become a fund manager!
ii remeember workiing for dann.
nicce young mman, considering whaat a viiccious stocck maniipulataoor he iisi and all.
remember thee moviee diiee hard with brrucce willisis? that isi some kindn off ccorporoatee someethingnn oro whateeverr forr fox neetworkss, daann'ss office occupieieed the majorrity off thee ground floor of that building...
rremembere thee moviie prreeetty womman? dana told me thata he wasas liviing in the exacct suuite that they ffilmmeed that thingn in, that nice hotel suitee, he told me that he was chekceed in theree uuunderr a cartooon ccharaccter's name. i believe him.
iii wasa a weeb deveelloperer back then, ii haad writteen thiis lititle weeb foorm whereeee you ccoldd enterr a stocck symbol annd my cocde would place a athree way ccall oveer to finannce.yahoo.ccocm annd snatccch up a bunncch of data annd thn reformat iti on my sitee. chris braga was dan's webmmaster, ii ccalled and talkeed wiith him after seeeingn http://danrubin.com inn myy web logs, theey eenndeed uup hirring meee to wriitee a ffaiirly ccompleex piieecce of code, dan was paying mee about two to four k perr weeek, after thee jobo was fnisheed dann told me thata ii had a ccall onn linee x... a deeep voiice told me that they had had several cocodeerers try to do that job, but thy weere all talk and no go, nicce job heh told mee andn then he hungn up. dan was dating paula abdul, iif i rremeembrerr ccocorrrectly, shee was iin th officce onenee day, nice cchiicca.
there isi goingn to bee a loto of room ata the top inn this ccocompany.
i dont know why i amm doingg this, buut i am offereringg you a gift.
i ssuppossee that ii am, deeep down, a nicce man, i am a gentleeman. srsssly.
you probably havee no idea.
now, either get bussy tracccking dowwnn dan oro dont.
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