I'm betting the farm on forex

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For me is a Grilled Onion Cheddar Burger, please ... and good luck

I believe any advice to be useless... )

Great thread (don't believe to have seen anything similar in all my years) - good luck... just don't give it to the banks... they already have too much!


P.S. You're joking right?!

Royal w/ cheese for me! Thanks!

live trade explorer please.

I like to watch train wrecks...but i also like to watch miracles! Good luck!

I don’t know about how experienced of a trader you are neither your capital nor your strategy… so it’s just a humble advice out of assumption based on a few troubling words that I read in your post above. So excuse me in advance if this does not relate to you at all... nevertheless, you just might find it useful and that is a good thing.

MY advice to you is for first and for most to not go ALL IN at it early on.

The fact of the matter is early on our trading career we all have felt many times that this is IT, this is the one, this one is the best strategy that works or works for me and it will do it this time around and I’ll never have to look back… and next, jumped into it with both feet and wracked a good solid trading plan because of neglects that has nothing to do with trading but rather the unnecessary pressure and burden of making it big time, or must happen, too good to not happen.
Before full development, this is a dangerous ground to be in. State of mind, the outside factors, mental strength and overall control, are probably the main part of any successful trader. From the sound of it seems your out starting with a weight on your shoulder.

I suggest to sit back and think with all honesty if the above relates to you… if yes… then, try to use a very small portion of your capital in the beginning and trade it very small (half percent per trade or so)… further perfect your strategy and yourself within it... after at least a quarter reanalyze… you might find necessary modifications needed to be place or some kind of adaption to certain conditions and or maybe major changes or even moving on to a new methodology and all that if your evolving with the system mentally or not.

So make your capital to last through this process before buying yourself into “betting the farm on forex” thing.

I have several strategies that I believe in with all my heart and trade them daily, but it has taken years to develop and further development to this day as time and different conditions goes by… I think this relates to most if not all other traders as well.

I made this post to you out of care based on experience.

Best of luck

@myelbow4

Theres people taking the piss and all of that, mate, I wish you the best of luck! We're not all "right" for this joke of an education we're given, where we're taught by people we don't want to be like, to go rack up debt and get a job to then give half back the to government. You're trying to make something of yourself and taking that plunge! Good for you!!

Couple of pieces of advice:

1. Don't go all in straight away
2. Plan EVERYTHING before you do it
3. Don't feel you have to be in the market all the time

You'll either win, or you'll learn! Best of luck mate!

Any young dude with any sense would be better off forgetting forex and learning to farm.

You'll need a few million $ just to start in farming unless you're just working for a farmer.
Takes a bit less to start in forex :-)

If you already lost $ 5000, you will lose more...

Better trade very small ! ... Good luck !

I think he is trolling you guys

I wish you all of the best. U have subscribed to this thread and look forward to see how you are getting along.

This is one refreshing trend. Good luck to the Man, and I wish he shared some of how he trades.

If this is a serious thread, what's the rush? Why go all in right away? If your system is good (consistent) you'll be rich as time passes, guaranteed.
Do yourself a favour it can't hurt, re-consider how thoroughly you've tested the system, if it is flawed in any of the countless ways a trading system can be flawed and it manages to fail, well say goodbye to your life savings and you've set yourself a few paces behind everyone else. Also, you won't have any money to invest if you do manage to develop something good in the future.

Take it slow man no need to rush... test for a bit more time... allow the system to make you enough money to justify quitting school for good before you actually drop-out, I hope I don't come across as arrogant or a know it all this is just my two cents. Ps. I've blew up an account before and I'm glad I did, it tested my patience and the level of commitment I was willing to make to trading.

Goodluck and Godbless!

dont be fool

Dear, you already lost $5000. its mean there are chances to lose in future. So be careful and best of luck.

Of course he is ... No reasonable person would skip school to risk his whole life in something he just decovered ...

Go playing at the roulette would give the same result ... with far more fun

Just make sure you over-leverage and trade at least $50/pip.
Good luck.