heh, just to tell my story.
i started learning about forex from the beginning of this year. i manage a little chain of exchange offices in Croatia, so it's natural that i need to get some insight in the forex.
and of course, after a couple of months, i thought this could be an interesting way of earning some aditional money for my pockets. so, activated a couple of
demo accounts and lost all my demo money in about 2 months time. which was ok, since i wanted to see how it is to trade, not to do some serious trading...
so, at august 18th i decided i'd go serious, open a demo and think of it as real money. i figured that by taking about 10 pips per day would be enough to make some decent money, and i wanted to test that idea. also, some ideas that keeping the profit run up was not a bad idea...i'd let the profit rise to 10 pips, and then put a stop loss order that would make a 5 pip profit...and keep it oging up, as long as i felt good about it.
in that way, and thanks to the bearish sentiment on EURUSD, i managed to get a whooping 67% in about 3 weeks. i started with $64.500, and was at $108.000 at September 8th.
and then i begun to think of me as THE man...i new something was strange, that something was going to happen...
sure it did...
EURUSD at 1.0825? hah, it's a retrace..i'll buy some USD...and who needs stop loss orders?...woke up next day and i was $20.000 short!
to cut the story, now i'm around -16% of the initial amount, and starting to earn some money, after passing through a "am-i-that-stupid?" phase...
the idea is to see what will i do until the end of the year, if i'm on a decent plus (around 10%) i'll stick some $$$ in...
and let you hear the cryes of terror...