A whip smack because of not handling, planning, organizing, bla bla, the part of
Equity and Risk Management.
When you followed the propaganda said, buy low sell high, or forex can multiply your 100$ into xxxxx (over 100 of course) amount, then you are not paying attention to your trading style. Just jump in and hope it will just in the same boat. Some trade might just IN the same boat, but the next trade is going with 30% until 70% margin usage. Over confidence to the system and break the rules of risk/equity management. News is probably the good blood ****er for the equity, NFP 4 eg, jump in, wrong one, one stroke enough to margin call it, then want to earn it back, jump in again, wrong again, left 20% margin now.
This is first trauma.
The next one is going to be a revenge, actually the quickest is at news time like NFP, losing a streak, what next is he doesn't follow the rules. Furthermore, he is using the same value while the margin left is only 50% than the first time, adding pressure of risky swing before the target, besides people is get used to see the bigger number profit just like when at first time play the forex, and he still used that value of margin just like the first time with his 50% margin left. He wants to earn it back, then go with betting 30-70% of the margin usage. Then say bye bye to Papa. He is just giving away his money.
This is second trauma.
The blaming part when his $1000 just in 3 weeks or less, left 97$ in his account. "Good job, thanks for playing in our broker". He even can't to open 0.1 lot in the broker, next one, if he have more savings, he return with greater money sum. He played it similar, and all is gone. He is in despair now, lot of depression, and mad at the money making of this investment.
This is third trauma.
He don't have the money anymore, even a less, he spare the tiny his saving to protect the needs of his monthly budget. He is afraid of forex now.
This is forth trauma.
He never interested in forex, even touch it, even read it, he hates em all.
This is final trauma.
Who is the one put the fire not in the place? Making a forex as gambling style, which no planning at all, no risk/equity management, never think propaganda is the very nice word in every place, regret last is useless because the money had gone.
If he can't follow the rules, when he changes the plot to play the stock, future, options (moreover options is the crazier money ****er), he will always lose. Because he never learn, and still think his egotistic is better than the system which is cold-headed, cold-hearted and cold-freezer.
Do the research, if he is lazy, then the money will be lazy to him too. The money will never follow the laziest, it will always follow the richest. What rich in here is not people rich in money, but it's bigger in the meaning. Think think and re-think.
Linear Mode
