HELP A BRO!! I Just lost my school fees & house money trading | Page 3 | Forex Factory

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HELP A BRO!! I Just lost my school fees & house money trading

  • #41
  • Nov 3, 2016 10:51am Nov 3, 2016 10:51am
Quoting MegicaFox
So the question is - does babypips.com provides enough knowledge to start trading or should I stick with my 500+ pages? Thank You in advance for Your help!
I believe babypips and forexfactory is a good place to learn forex trading and besides this you can also take help in learning trading processes by practicing a demo account too. Good Luck and feel free to ask any further queries!
  • #42
  • Nov 3, 2016 2:49pm Nov 3, 2016 2:49pm
The best thing you can do is to go back to demo account.
Pick a system, trade it for at least 3 months, if you will be profitable then fund small micro account.
Control the risk
  • #43
  • Nov 13, 2016 11:56am Nov 13, 2016 11:56am
Quoting MarkChew
{quote} Scary...... why need to resort to this ............... But your friend's case not the worst........ I think in Hong Kong or Singapore .... investment banker jumped off the building before for millions ...... Money is just paper eventually , hope people can open their eyes.
Well, money is not "only paper", actually it is "sweat & blood" and never returned life-time spent at workplace.

For example: The owner of a scam brokerage, Reza (F***ing) Mokhtarian of Capital Trust Markes has stolen $500k+ client funds, incl. my $20k. He has not stolen any "paper" from me, BUT MY LIFETIME which I spent toiling and suffering at my job.

So when my friend has lost loans from loansharks, they threatened the life of her daughter which made her to commit suicide.
  • #44
  • Nov 14, 2016 2:38am Nov 14, 2016 2:38am
Quoting MasterGuru
{quote} Well, money is not "only paper", actually it is "sweat & blood" and never returned life-time spent at workplace. For example: The owner of a scam brokerage, Reza (F***ing) Mokhtarian of Capital Trust Markes has stolen $500k+ client funds, incl. my $20k. He has not stolen any "paper" from me, BUT MY LIFETIME which I spent toiling and suffering at my job. So when my friend has lost loans from loansharks, they threatened the life of her daughter which made her to commit suicide.
Borrow money to trade forex??
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.1%
  • #45
  • Nov 14, 2016 3:55am Nov 14, 2016 3:55am
Quoting MasterGuru
{quote} Well, money is not "only paper", actually it is "sweat & blood" and never returned life-time spent at workplace. For example: The owner of a scam brokerage, Reza (F***ing) Mokhtarian of Capital Trust Markes has stolen $500k+ client funds, incl. my $20k. He has not stolen any "paper" from me, BUT MY LIFETIME which I spent toiling and suffering at my job. So when my friend has lost loans from loansharks, they threatened the life of her daughter which made her to commit suicide.
I am so sorry about your friend. That is a truly horrible tragedy.
  • #46
  • Nov 14, 2016 8:10am Nov 14, 2016 8:10am
It seems like an overwhelming task, and it is, because while trading comes naturally to a few naturally talented people, for most of us it is a tough journey. I just wanted to be honest about that.
  • #47
  • Nov 14, 2016 3:18pm Nov 14, 2016 3:18pm
Quoting gabanda
It seems like an overwhelming task, and it is, because while trading comes naturally to a few naturally talented people, for most of us it is a tough journey. I just wanted to be honest about that.
There is nothing like naturally talent in Forex. Every successful trader started from scratch. It's quite funny that so many never learned the basics before opening live account. It's easier learned when you have a mentor who's trading live, not just reading Forex books or watching Video. When you have found any system that works don't break any rule that helps you, otherwise market will break your account. Test the system during demo trading. Don't use your live account to test any strategy.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.1%
  • #48
  • Nov 15, 2016 1:01pm Nov 15, 2016 1:01pm
Trading is not for everyone. Its a business in which 90% of the people lose money. Most of the people they trade as if they are in a casino. Without learning you wont make profits.
We study 16 years for a job that pays around 2000$. How do you expect to make thousands of dollars without studying the fx market
  • #49
  • Nov 23, 2016 5:55am Nov 23, 2016 5:55am
completely agree with you AJTRADER!! People that just do the same thing over and over and expect different results....FML I ''gambled'' around £5k before I got this through my head, been working with a educator for 6 months now who's lead consultant is NICK LEESON! literally unbelievable what this guy knows about the markets; so consistent now!
  • #50
  • Nov 29, 2016 2:59pm Nov 29, 2016 2:59pm
Quoting jollypk
{quote} I believe babypips and forexfactory is a good place to learn forex trading and besides this you can also take help in learning trading processes by practicing a demo account too. Good Luck and feel free to ask any further queries!

Thank You very much
  • #51
  • Last Post: Feb 4, 2021 5:29pm Feb 4, 2021 5:29pm
Quoting MasterGuru
{quote} Well, many traders feel that the "Holy Grail" is sooo close and it would be a mistake giving it all up after so many months/years of work, acumulated market knowledge, experience and "invested" (i.e. lost) funds. Just before reaching the "finish line" which is already in sight... So they push forward trading with their own and family members' savings, then loans from friends and finally from heavy handed "loan sharks"... However, this "finish line in sight" is usually just like a MIRAGE, it starts dissappearing as one is getting closer and...
Were you ever a victim of this "Mirage" yourself, or are you just a good sideline narrator of other people's problems?
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