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A year in the life of a forex trader
Jan: Watch a YouTube video of a 19-year-old trader sitting at the wheel of his Lamborghini.
Send a DM to ask how you can get started. Receive a link to a highly reputable broker - a paragon of financial excellence.
Based in the Seychelles.
Jan: Watch a YouTube video of a 19-year-old trader sitting at the wheel of his Lamborghini.
Send a DM to ask how you can get started. Receive a link to a highly reputable broker - a paragon of financial excellence.
Based in the Seychelles.
Feb: Download MT4 and make 1,200% on demo.
Mar: Create an Excel spreadsheet to work out the return if you take £500 and compound 1,200% for 12 months.
See answer is well over 3 billion.
Lower it to 2 billion to allow a margin for error.
See answer is well over 3 billion.
Lower it to 2 billion to allow a margin for error.
Apr: Begin trading live.
Your iPhone might as well be surgically attached to your hand you're using it so much.
Your iPhone might as well be surgically attached to your hand you're using it so much.
May: The first trade of today has made £1.71 but could have made £400 if you'd held it another 2 hours.
The second trade of today has lost £400 but could have made £1.71 if you'd got out when you first sensed trouble.
The third trade of today has just blown your account. Again.
The second trade of today has lost £400 but could have made £1.71 if you'd got out when you first sensed trouble.
The third trade of today has just blown your account. Again.
Jun: You pay one of Twitter's biggest trading gurus to be told that the reason you cannot make money is down to psychology. You secretly want to lose because deep down you feel you don't deserve success. So you deliberately lose. This makes perfect sense so is £1,495 well spent.
Jul: A new guru tells you the previous strategy you were using is nonsense and that theirs is better because it tells you what the institutions are doing. They assure you their performance is unparalleled. You ask them for their returns. Unfortunately, you have now been blocked.
Aug: You have refunded your account with your last £100 and traded your heart out.
By the end of the month, you've doubled it.
By the end of the month, you've doubled it.
Sep: You've got on Instagram to announce success as a professional trader after making £100 in a month. You've posted charts at least 23 times each day for the last week but still only have 16 followers.
15 of them are bots and 1 is your niece.
15 of them are bots and 1 is your niece.
Oct: You've decided to do a course on how you doubled your account. You rent a Lambo and take 365 photos of yourself sitting in it and lying on it, from different angles, in different clothes so you can post a photo each day for a year.
Nov: The £200 in your account has been up to £3,786 and is now back at £16.32.
Thankfully you disconnected your myFxbook at the same time you first removed your stop loss, so no one has to know about this disaster.
Thankfully you disconnected your myFxbook at the same time you first removed your stop loss, so no one has to know about this disaster.
Dec: Having decided keeping a journal is a waste of time, you have absolutely no idea where you went wrong but do know if you keep doing the same thing your results should eventually change. Right?
