I've started this forex activity with easyforex.com with the deposit of USD25. It was a mini account. For the first three trade, I make profit to almost USD 50. In where I live, that amount can buy food for nearly a week! That was my first day of forex trading and I make profit by only knowing how to open and close the trade and a little bit of Fibonacci.
My confident level shooting to the sky. I start calculating how much money I could get in a month if I can perform like this everyday. At that particular moment, I felt that USD50 per day.....is easy to get. Forex trading is really is an easy making money busines. Why don't I know this easy money making business earlier...I blame myself.
Instead of continuing with the existing money in my account....I have deposit more money. USD100. Now the total is USD175. Phew!! This thing is happened is less than a week time. Why not..... this is my opportunity to become RICH.
The rest of the story as everybody can expected. Instead of making more money, I loose more. In fact my accumulative loss are not stopping, until nearly A YEAR!!!!!. To put in a correct sentence is that, until I start accepting that LOSS is part of forex trading.
Before accepting that fact, on every single forex trade I make, while the trade is still open, my mind keep on reminding me "Please worry about the loss!!!"...... all the time. Believe me, you will be more likely to get what you always think. Almost on every trade I close prematurely. Close because too afraid to loose more money or too afraid that my profit will be taken back.
Over time I learn how to overcome my fear of losing by learning how to accept it. Accept it by preplanned and stick with it throughout the trading period. Meaning.....you set the amount of money you are willing to loose before you enter the trade. I still loose, but also win. In average, I am slowly recover.....that what important.
..........tok batin forex
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