How NOT to Trade

nottrade

Forex Trading is Dangerously Addictive. You only need to read “Reminiscence of a Stock Operator” by Edwin LeFevre to see how powerful this addiction is. Once you find your footing and learn how to make money by simply looking at charts, you get completely taken over by the markets and you consistently and incessantly – day and night – think about pips and charts. You sleep forex, you eat forex and you wake up in the middle of the night determined to make ‘just a couple of dollars’ before going back to bed.

World over, Forex traders are known to be disheveled, sleep deprived, shaggy and unkempt fellows. They drive expensive cars and own huge mansions, but at a personal level they seem to never have time for anything else apart from trading. They would much rather have a laptop next to their deathbeds than be surrounded by their loving family – assuming they ever made time to have one. Is this the life you want to live? Is this your dream-come-true? I don’t think so.

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