HOW I SWITCHED TO FULL ONLINE TRADING LIFE FROM MY ACTUAL JOB

Life started to unravel after I strolled past adolescence into adulthood proper. Back those high school days, the exuberance was befuddling, I barely thought outside the walls of the school. All that swam in my mind was been a celebrated knight of the college among my peers and basking in the domestic fame of my football team’s successes. Well, it was as sweet as it was brief.

Now am graduated at Wittenborg University

With a bang, life pounced on me after graduation, and I was caught in the quest for survival, armed with no more than a lazy attitude to work in the conventional office space. Certainly, it dawned radiantly on me that the days of killer smiles and romantic winks were over, the bills have started counting and someone has got to take responsibility for them. Such a young me was thrust into the shoes of an adult to fend for himself.

I started work with the uttermost reluctance as a banker. I had a revolting disgust for the job truly. I didn’t want to be counting people’s money, I wanted to count mine, large wads fat and hefty. I knew instantaneously that the office wasn’t my habitat. I couldn’t be caged in my suit, my sense of wildness was bursting for release – my entrepreneurial appetite for risk-taking was aching to be unleashed. Back in college, I used to try my hands on the forex market, but the haze and bustling fun never allowed me to concentrate. How was I going to concentrate when I didn’t want a more ripped body than mine in the dressing room of our football team? I had needed a muscular torso that could cause traffic on a beach.

My new Forex adventure… From nothing !

Alright, so back to my draining adventures as a banker, my natural positivity was dripping from me. In the latter phases, it was no longer dripping; my positivity was gushing away from me and I was getting terribly starved of satisfaction. By then I had saved a reasonable chunk of money from my job across the years. I was gradually drifting towards a rehab as depression was beginning to raid me. Almost losing my mental elasticity, it was clear I was very close to breaking point.

I RESIGNED FROM MY JOB!

All this while I have been working in the bank, when I get home, I jump on my computer and study some forex charts. Every bar and candlestick beamed life to me, my heart danced generically to the trends and it enjoyed the flood of adrenaline in the volatility (here’s an article about my state of mind) that accompanied whipsaw markets. I started out with a demo account and traded with play money, trying to master the technical discrepancies of the market.

Charts, charts… And charts again !

Although the risk environment was oblivious since I was trading with play money (with nothing to lose), I mustered enough mental stamina to stay focused and determined. With a glowing stretch of winning trades, I got convinced to move to a real account to trade with real money. I would risk a handful of dollars, I would lose and I would win. As time crept by accumulating into years, the winning was becoming more consistent. Coupled with the “sentence” I was serving in the office as a banker, I knew I had to deport myself back to my world: my little exciting world of online trading.

So off I went into full-time trading. If I told you that it was a smooth frolicking journey all the way, I would tell you next that the Pope was opening a Vodka factory, both of them lies! It was never easy. Have you ever got to think why every successful man tells you the start was never smooth?

Because naturally, nature is stingy and wouldn’t give you anything for free. Nature was not going to give me winning positions in the forex on a glittering platter of gold. No exaggeration, but I planted in loads of hours, studying and peering over the market to the tiniest details while cooking together my fundamental and technical analysis into my personal Holy Grail trading strategy.

Don’t mean to scare you but I wasn’t successful munching a mouthful of pizza making away amiably with some well-toned models on the beaches of Miami. I wasn’t wetting my rosary either with prayerful kisses imploring Holy Mary to beg heavens to intercede for me with winning positions. It was largely efforts all the way. I stayed stretch of hours on my computer carefully studying the market, observing patterns and predicting imminent market movements.

New market movement : new stress !

One early debacle I suffered in my beginning trading days was trying to keep my emotions carefully corked in a bottle, controlled. At the beginning, I was psychologically erratic. That means I was emotionally explosive and most times I was making trading decisions not from my strategy but from an emotional irritability to prevailing market conditions. The surprising thing really was that this hysterical irresponsibility and abject indiscipline that was plaguing me was strange as I didn’t have to grapple with it in when I traded while still being a banker.

A such debilitating financial melodrama…

Such debilitating melodrama was understandable given that upon straddling myself with the complete weight of full-time forex trading came its new emotional weight and pressure that I was not accustomed to. I didn’t have a job anymore and fear flamed in the chambers of my mind over if I could get bankrupted from a sustained stretch of losing positions. Greed also came into the party uninvited, and I would strangely ignore my stop loss in a losing position, in the hope that the market would miraculously turn around to support my position. But online trading wasn’t a domain of luck but of calculated synchronization between cause and effect. If you trade carelessly, you lose recklessly; it was assured! Worst still, every loss I sustained further punctured my confidence and in no time I was fidgeting in open positions in the forex.

But with time came experience and soon I knew the ropes. I could keep my cool while trading. Blending my newfound emotional composure with my refused technical onus of the market, I was swimming in a land flooded with milk and honey. I keep to my stop loss, carefully moderate the use of leverage ratios and a delectable sense of money and risk management. Now I make good money from online trading, sorry, very good money I mean. The last time I drove past my previous boss,he asked if I won a lottery. I calmly smiled and replied, “No, online trading (forex) won me.”

 

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