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The Trading Dream
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My trading story started in 2007. I was 25 years old at that time or 3 years after I finished my degree in Civil Engineering. Like many others, I had the dreams to become very successful and get ahead of others, find a business and avoid the normal job and get out from the rat race.
One day in 2007, one of my closest friend in my University told me about trading, a new theory as a career. At that time, he had traded for 1 year, professionally, as a full time trader at home, no need to work like me, 9am to 5pm boring job.
I was inspired by him, and I thought I could also be like him, trading at home or wherever I like. I imagine myself drinking a coconut on a beach, placing a trade and went to a swim on a beach, hiking in the mountain or holidays in any cities I want. A celebrity lifestyle with beautiful girls, living in a luxury penthouse one day. I imagined myself telling my boss, said that I quit and no longer have to force myself get up from my bed, especially on Monday morning, being constantly told what to do by my boss.
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The Damages
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I started to learn how to be a trader, googled, studying the technical analysis and many theories including risk management and the trader psychology. I started with a demo-account, but not long after, I opened a real account, and traded with real money.
I was chasing the trading dreams for 4 years, until end of 2010, when I was 29 years old, I have lose a huge amount of money, maybe nearly $100k dollar. I did not give up because I believe I could learn from my mistakes. I convinced myself that the success could be around the corner if I don’t give up. I tried all kind of trading system, traded in many pairs, Forex and Index but all of them never worked. Unlike my friend, who gave up his full time job and traded full time, I had to work as a full time engineer and trade part-time, whist in the office or after work.
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Still the Dreams until Today 2017
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I have not traded for a while for 6 years, but I been thinking to start and give myself a final chance to be a trader. I recently started to go to trading class, read trading materials even more, and also read book about people losing money in trading. Today I read a book Win-Lose-Repeat, which a guy with similar to myself. I asked myself if Trading actually is Gambling. I contacted my friend recently, who introduced Trading to me, he is no longer trading but working on other business. For me, I am wondering if trading could be a way to earn a living in the long term. I have seen Trading masters spend time on coaching instead of trading. There are way too many ‘pro’traders choose to earn money from coaching, normally they charge starting from £500 to £2000 for trading course. Rarely, I seen a real pro trader who really make trading as their living. I am sure there are people really can trade professionally but I am not sure how long this will last for them, eventually they choose a different path to earn a living, either coaching or doing some other business. I am sure there is a reason behind this.