Thanks for your response!
Plain and simply, The Wolf of Wall street. When I watched that film for the 1st time I saw the lifestyle, the wealth the influence and I wanted to be him. I begged my parents to get me the Giorgio Armani suit from the film for college but the answer was a swift no…
At the time I had little idea what was involved in Jordan Belfort’s work, I had no idea about his fraud or stock manipulation, all I saw was money money money. Who doesn’t love money?
My parents never did well in school, we weren’t poor by any means but we couldn’t afford holidays for all of us and there was a ‘treat’ once in a while. When they split up my dad had some issues of his own and I fell out with my mum which ultimately made me move to my grandparents. This was anther lifestyle. My grandfather is a very level headed economist, he had a great job in his early life and the redundancy sum was very handsome, he decided to continue to work anyway. He was very tight with money, he’d count everything he spent to the penny, read all the receipts and make sure it all added up. When I’d ask for something I’d have to pitch it to him like I was on Dragon’s Den.
My first encounter with any form of trading was yes, and Instagram influencer. I did see the cars, holiday’s and lifestyle but I was also a budding economist and knew if something is too good to be true, chances it is. I decided to do my own research, get my head around Forex, Stocks what CFD is all the basics. I followed this on by looking at trading firms with a good reputation. I approached a trader from this firm and we started speaking, he was unlike all the other influencers. He has a family, kids and is a little old. He didn’t sell me a course or sweet talk me into depositing with his broker instead he urged me to Baby Pips at the age of 15.
My idea was I’d wake up, read a few pages, go to school, play rugby and come home trade on a demo account. It sounded easy like that, this was also the time my Rugby wanted to move up as well, I was traded between academies, I signed for my County and my club and school also demanded I play full time. At the peak of my career I played rugby a literal 8 times a week. I had no time for BabyPips or demo accounts and everything was being postponed, but due to the amount I played, injuries were coming at my left right and center. I had a long time off and my academy said goodbye, my county said goodbye and this beat me so down. I had changed my life for rugby, I fought at karate tournaments at a national level, that stopped for rugby. I was an RAF cadet, almost elidable for promotion, that stopped for rugby. Now rugby stopped I had nothing to do.
I took to BabyPips, and instead of just reading the pages I wrote my notes and drew in an exercise book, this greatly helped with retaining the knowledge and as I learnt a new topic I’d practice with that in a demo account. I didn’t have much contact with the trader that got me involved until recently as I’m still learning and practicing. It has taken me a long time with this learning approach but it is more beneficial in the long run.
(Sorry for the extended reading, got carried away at 6:30am)