CREATING WEALTH ONE PIP AT A TIME

by | Dec 21, 2014 | UNCATEGORIZED | 4 comments

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One of  the most dangerous position any person can put themselves in , is to depend on one Income for a living. Being caught up in a “rat race” where everyone is fighting/pushing for the top position is something that i could not stand anymore, because i hated being told what to do -Kim Kiyosaki.

I  was introduced to Forex trading by a friend who did not only tell me good things about it, but also how challenging it is, I remember saying to myself “bring it on” I love being challenged. So i started, I must warn you though, it was  not that  easy. Good thing about it was that i could do it on demo account (no real cash). I started practicing for over six months on that demo account  and  was making it, just like many people, I also thought it would be as easy as on demo and i was actually ready to go live.

When i finally did, I realized  that  the profits i was making from demo account  changed drastically. It was my state of mind  because  i was then trading with my hard earned cash and it was totally different, there were emotions involved, fear kicked in and i was totally in a different space than i was while i was doing demo, I would go back to demo on daily basis and i would “kill it”,  but come live account, i would just get so nervous and mess up.

I Would make huge profits, which was a different story than what was really happening in my live account. From that experience i learned  that with trading you cannot really call yourself a trader unless you have done it with real money,  that is where the true test is, real money  is the deciding factor. While demo account  is useful as well. Now i can proudly say i am a Forex trader and i keep on empowering myself, learning as much as i can and getting as much information available to me.

IT IS EASY TO GO TARGET SHOOTING WHEN THE TARGETS AREN’T SHOOTING BACK.

*Risk Warning

Trading Risk Notice: Trading leveraged products like Forex carries high risk and may not be suitable for all investors. Understand these risks before trading, and seek independent financial advice if needed.

*Regulatory Notice.

Learn FX Trading provides general education on fundamental analysis, market analysis, trading psychology, and risk management. We are NOT an authorised Financial Services Provider (FSP) under the FAIS Act and do not provide financial advice, managed accounts, or trade signals.

4 Comments

  1. Nozuko

    I am so tuned on your blog. Thanks for sharing cc.

    Reply
  2. Mdumiseni W.Dladla

    Sisi I like firstly to thank God to give me patience,until I come to your name.Because I still believe I can live on trading in the Stock Market,I will like to ask u to help me from scratch on trading in the stock.I’m ashamed to say,I started to learn trading in 2009,but till today I’m doing demo and its not improving.I did try go on live account with ACM GOLD and I was whipped out three times.After that I decided to do demo till today.

    There is a lot to talk about,but as I will be with u,I will be able to catch up slowly till I’m in the standard of other people.

    Again thank u sisi,I hope from now on we will work together.I will wait for u to tell me what to do first.Language might be a problem,but will see as the time goes on.Thank u

    Reply
    • Ntomby Malatsi

      Thank you Mdumiseni for coming here and reading my Blog,it is a good start,this this blog is meant for people like you, if you can read through posts here you will realize that you are not the only one to be ‘kicked’out of the market, most of us went through that at some stage, i went through that several times as well.i will definitely contact you to talk further,thank you.

      Reply

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