I post a lot about How I Make Money Online so I thought I’d add this because I need to be completely honest. I lose it too 
As you know I’ve been going through BabyPips School Of Pipsology for a couple of days now and it was going well. One of the main points they stress is DON’T START TRADING UNTIL YOU’RE PERFECTLY COMFORTABLE WITH TRADING ON THE DEMO ACCOUNT. Well, you know me…I wanna make money and I wanna make it quick. And this is how the story goes…
I was pumped because I was only making profitable trades on my demo account so in my head I’m like “I can be using real money, and making real money. Fu*k this demo sh*t.” I logged into my live FOREX trading account. Lets call that Mistake #1.
My account had $1000 on it and I quickly made some bad trades and it dropped down to $973. I was cool about it and found a way to get it all the way up to $1074. I made $74 in no time. I was way too happy so I entered the market around 4 to 5 more times. Label this Mistake #2.
I noticed that all of these trades started moving against me. But you know what? I had confidence…I knew they were gonna move back up. I knew they were going to shoot back in the right direction and I was going to profit immensly. The only thing that I did not know is that I was being an absolute idiot. Mistake #3
None of the trades came back my way and I had a margin call. I lost $750 and learned one of the most valuable lessons I’ve learned in my life. Don’t do crap until you’re fully ready & educated. I messed up and paid dearly for it.
I was depressed for a day so I bought some new shoes what y’all think?
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Tags: Hustle · money · online3 Comments
I don’t think OOOPS quite covers that one. But hey, at least there’s a very good lesson in the mistake.
Wow, looks like it is back to the drawing board. The best learning experiences come after losing a bit of money though so there is a little good that came out of this.
Yeah this is some bullshit honestly. MacBook will have to wait.