Hey look, what appears to be a real person. Welcome Hector, as we say in Hialeah “Que Bola Mi Herma” or Down East NC, “common down heah an set a spell son”.
So, new to Spot Currency trading, well get ready for the most challenging business you have ever faced. In fact this will make you want to go back to university just so you can get a break. This business will twist you inside out, and you will have to learn to remake yourself over and over. You will find that cherished concepts will be thrown to the ground and chewed to bits, while you find yourself adopting concepts that you recently rejected.
You will see that you, and all of your emotional weaknesses will be laid bare on a daily basis. you will see yourself in ways, that, if you are not prepared for it, you will end up blowing up your account, and blaming everyone, including the dog for your shortcomings. Your trading will become a reflection of who you are on the inside, deep inside. Every bit of fear, anger, irrational manic happiness, will come out. You will see things in your blotter that will perturb and disturb you.
Finding profitable systems is the first step, but conquering oneself, is a lifelong process.
In fact, with due respect, anything that you have learned that has made you a success as a chemical engineer, will be useless in trading, for example, the following is lifted from.
“Reaction of Aluminum with Water to Produce Hydrogen”
“A Study of Issues Related to the Use of Aluminum for On-Board Vehicular Hydrogen
Storage”
“U.S. Department of Energy”
This reaction is no doubt familiar to you, in fact this is why you cannot use aluminum in a reclaimed vegetable oil biodiesel system.
2Al + 6H2O = 2Al(OH)3 + 3H2. The
gravimetric hydrogen capacity from this reaction is 3.7 wt.% and the volumetric hydrogen
capacity is 46 g H2/L.
Now what if everytime you put 2Al + 6H2O you got AU, or C12H22O11, or how 'bout Anatoxin-a, and you never knew which one you would get, how much harder would your job be? And this is the issue with Trading, you can never tell with any certainty how much you will make, the only thing you can control is how much you will lose.
If you stay out, you will lose nothing, if you enter a trade, you should know exactly how much you will lose, unlike Bill Ackman who, in 2012 put a short on Herbal Life, he has been in that trade since then, and according to some, he has lost around $500 Million dollars. As a small size trader, without billions to back you up, you cannot afford to wait for “it” to turn around, you have to cut unprofitable trades short, certainly before they hit 3%. So this means either by size of trade, Pip amount, or both, you cannot hold a trade for years waiting for it to “Come Back”.
So Hector, hang out for a while, think about the basics, start small, work on your mind, be a good loser, and learn from your losses, if you do you just might find yourself Trading.
Oh yeah, I almost forgot, 5 energies, if that isn’t a marketing gimmick I don’t know what is. I first thought it was related to Chakras, or Meridian lines, or possibly Feng shui, but trading Naaaah. 
The Ever Realist VIPER
