This is how I discovered Forex.
I sold my business several years ago and retired. My wife, it turned out, was not interested in retirement. She continues to work. It wasn't bad in the summer, I went scuba diving and sailed to my hearts content. Then winter came. It snows a lot where I live, and I HATE the snow. So I found myself
"Home Alone" M-F with nothing to do. I started surfing the web. I think I almost finished the web, I was down to sites that told you how to get phony ID, build your own meth lab, make bombs etc. On one of these sites I found an article on forex, with a link that brought me to fxcm. "This looks pretty cool", I thought to myself. I sent off 8K and opened an acct.
I will never forget my first trade. I went long on the EUR/USD,
Why? ( at this point I had heard of charts but had never actually seen one.),
Well the last time I went to Europe, it cost me a lot to exchange my Dollars for Euro's. So the Euro must have something going for it. I lost about $1500. on that trade.I managed to trade like this for about 4 weeks. Some of you probably think I am joking, I'am not. This really happened.
We all hear the stories, the experienced/successful traders have all lost an acct. Its a rite of passage. We tell the noobs, "don't make the same mistake I did". It doesn't sink in. As a noob, I only heard what I wanted to hear, I only saw what I wanted to see.
I sold my business several years ago and retired. My wife, it turned out, was not interested in retirement. She continues to work. It wasn't bad in the summer, I went scuba diving and sailed to my hearts content. Then winter came. It snows a lot where I live, and I HATE the snow. So I found myself
"Home Alone" M-F with nothing to do. I started surfing the web. I think I almost finished the web, I was down to sites that told you how to get phony ID, build your own meth lab, make bombs etc. On one of these sites I found an article on forex, with a link that brought me to fxcm. "This looks pretty cool", I thought to myself. I sent off 8K and opened an acct.
I will never forget my first trade. I went long on the EUR/USD,
Why? ( at this point I had heard of charts but had never actually seen one.),
Well the last time I went to Europe, it cost me a lot to exchange my Dollars for Euro's. So the Euro must have something going for it. I lost about $1500. on that trade.I managed to trade like this for about 4 weeks. Some of you probably think I am joking, I'am not. This really happened.
We all hear the stories, the experienced/successful traders have all lost an acct. Its a rite of passage. We tell the noobs, "don't make the same mistake I did". It doesn't sink in. As a noob, I only heard what I wanted to hear, I only saw what I wanted to see.