Forex: How To Quickly Lose a Lot: Real stories from TradeFloor. The ultimate guide to markets. Read this before you invest
Nowadays, you see so many advertisements for forex and equity trading platforms as never before. A new global multi-billion dollar market is rising up. And it is aimed at you. It looks easy to invest and make a profit. Likewise, living the life of freelancer who does not need to work, because your money works instead of you. You just sit in front of a notebook, a tablet or even a mobile device, then click and earn. Never was it so easy to buy and sell different currencies, stocks or commodities. You do not even need a lot of money or money at all. Leverage is king these days. And leverage is also the start of your fall. But do not fool yourself. I have encountered a lot of young people who believe they can earn just by investing or trading. They do not see forex markets or stock exchanges as places where only hard work is rewarded. That is not surprising. You watch the movie “The Wolf of Wall Street” and see how fantastic, funny and easy that life is. Before that movie, there was the TV series “Capital City”, full of smart guys and women with now obsolete computers and phones, who were able to fend off stress and earn a lot of money. My dream was to be like them. And that is the dream for many others. Once you become a trader in a bank, you easily move to another dream. Not to be an employee, but to be an employer. To have your own trading outlet. To earn for yourself and not for a bank. And that is the crossroads that everyone has to encounter in order to choose which way to go. One is more exciting, one is safer. But that is not so important. All stories here are based on hard facts, on things I have seen with my own eyes.