I Wanna Commit Suicide for Massive Failure Pain from wisepowder's blog

I Wanna Commit Suicide for Massive Failure Pain

Hello everybody, I am new to posting, I read a lot everyday in the forums, but never the opportunity to post. I am a 21 year old student right now and for me making money is pretty much null. However I have been experiencing Forex trading for about 1 year since I started learning a lot.To get more news about WikiFX, you can visit wikifx official website.

　　I would like to tell you my long story, and yes, I know 1 year isn't a lot, but I really trained hard this 1 year and all the end I am pretty much disappointed. I like to post this to hear what you think about and because as I have also read in other posts, it is very helpful for newbies. If you are a newbie and you think Forex will get you rich quick, well it MIGHT start giving you the path, but by the end, the probability of FAILURE is very high if you keep having the mindset of the quick-scheme of getting rich. It is very easy to be making dollars, you are like in a comfortable zone, but once you hit the losing zone... oh man!!.. how painful it is...

　　So, How did I get to lose even after reading all the psycological stuff, all the “Don't get greedy”, all the “It is all based on managing money and even after experiencing several Losses” and thinking“I am ready and experienced to do this”？

　　The answer is pretty simple but yet different from the typical. You feel you are special, you think you are different than the others. After experiencing everything, you find new methods and try to be that “special market guru”that after reading the forums, you will finally develop that “holy grail”that you are waiting for, and be the new hidden Warren Buffet.

　　And yes, after multiple 1k losses of accounts (luckily made), I was making outstanding results, thinking I was the market guru. No joke, I turned from 200 dollars to almost 7,000 dollars in 1 month. And lost it all in 1 day.

　　I thought about killing myself. I don't know what happened yesterday. I tried to follow a management system, but sometimes in my head was, if I made 200 dollars to 7k, why can't I just double my account in a very good opportunity.

　　My trading life which started actually exactly 1 year ago, trading was in chinese for me. I didn't understand absolutely anything, however I am the type of person that whenever I want something I get addicted to it, so the past year has been hours of dedication into the markets. As a newbie, I started like everyone else; losing. However I learned about the patterns, indicators, pschological stuff, support and resistance, rebounces, corrections.

　　Pretty much all the basics.And here goes my first attempt after learning the basics: I started with 200 dollars. Traded some pairs based on basic knowledge. I wasn't doing bad, some wins, some loses. For me it was pretty much gaining experience. However, I started having a major lose streak, and I didnt learn anything about emotions. So guess what？ Account blown up.