source: http://www.forex-tsd.com
At this moment I was spending a lot of time on forums like
strategybuilder.com and the forum here forex-tsd. I knew of myself that I knew
a lot more then most of the so called traders or people that wanted to make a
living out of trading. I knew that it is the most hard road to walk on. The
most impossible job that one can pick up. That one can do very well for several
years and suddenly one can loos everything in a matter of days or weeks.
Bit by bit I started to build up a reputation here on forex-tsd and on
some other forums. In this way that I knew that many people started to follow
me. I had many hits on the topics that I started or the postings that I made.
This gave me the final boost or launch in my trading life. I started to realize
that I not had only pressure of my friend who sponsored me but also hundreds of
people that followed me. And this made me to get my act really and finally
together. That was tradin in a NORMAL conservative way.
Stick to my systems but
don’t get attempted to take to much risk. Making 50% profit is huge compared to
Warren Buffet who makes “only” 30% yearly and this for 35 years now and became
the 2nd richest person in the world. I said over and over again: forget to make
several hundreds percentage of profits because that is always leading to destruction
(sooner or later).
It can sound silly but even after all that time I was still learning
every day. Not only to trade in a certain way but all the ways how one should
not trade. I became on absolute expert in money management , where before I
thought that money management is not trading more then 2% risk per trade.
I realized that to stay alive as a trader is to not take to much risk
AND don’t place your eggs in one baskets. Trade several pairs. Trade several
system. Trade with several brokers. Go for a small but sure yearly profit
instead of risking a whole farm but ending up with burning that farm.
Of the several hundreds of people here on forex-tsd, there were people
who had serious capital. And from one came to the other. The snowball started
to roll and we got in contact with each other. They started to invest also some
small money in me.
Some of them left me already after a couple of weeks or
months because of some normal trading losses I made where they hoped like me
before, to only make profit and never make losses. But I did not worry anymore.
I knew it was a natural selection between “investing capital” and “risk or
casino capital”.
I progressed in such a way that now my best friend is still trading with
me (which I want to thank him for very much because he believed in me from the
very beginning and because of him I am still a trader) and all of the other
people that with the years invested more and bigger capital in me.
Also and
especially forex-tsd that gave me a forum to make myself public so I could do
my thing and give me the opportunity to earn money through trading by teaching
developing and helping other people to make money through trading. I survived
on giving lessons and having a trading room.
During that same period I continued to develop further and further my
systems and placed them in expert advisors that I leased to others and at some
point kept for myself because I had enough money that was invested in me.
As I write this I have 1.3Million $ invested in my pamm accounts as an account
manager and I am also employed as a trader for an institutional investment
company in Eastern-Europe.
One very important thing I know is that I will never get attempted
anymore to take to much risk or think that I could get rich in 1 year time. I have
months that I don not earn 1 single penny or dime or euro (except my income for
the investment company).
And I have months that I earn the same amount of money
as 10 postmen are earning in Germany. This means that my monthly income is very
volatile like the forex can be or that I never know in advance what my income
will be.
But that is what I want. I could never live with the knowledge how
much money I would make every month because that sounds or feels for me like
counting the days till I die or that I get my pension.
My investors are very pleased with the return they get on their
investment. They get a lot more then on the stock exchanges. And the investment
they make with me is not stocks correlated. I still live in my letterbox
apartment. I still do not drive a car.
But I know that I live from my trading
and that this was my quest and ambition from the very beginning. Being a part
of the financial world and be smarter then 95% of the financial world. Because
95% of the people who trade need to stop after 3 years.
I want to thank the
people who believed in me and the people who invested in me. I am glad to be a
trader. It is the most difficult job in the world. You need to be more then a
shark to survive in this world. Even after several years being profitable one
can still stand on a cliff and have the urge to jump from it because you lost
everything in your life.
If had the chance to do it all over gain, would I still become a trader
?...That is for me the absolute most difficult question to answer. I really
don’t know. It had to give up so much in life to become a trader.
I lost 2
beautiful relationships. But it gives me so much satisfaction to be a trader…I
live from my trading, I am independent, nobody tells me what to do, I can do my
job from anywhere in the world as long if I have an internet connection.
And
like Confucius pointed me to : I never had the feeling that I worked one day in
my life because I love my job as trader enormously.
So I attempted to say: YES I AM a SUCCESFUL trader. I am making a very
nice incomme now. But I would never recommend to someone to become a trader. It
is by far THE most difficult difficult thing one can do.
A VERY important detail was that I felt from the very beginning and
throughout my whole trading career was that there is the rule that only 5% of
the traders can make it as a trader. I told myself from the very beginning that
statically I belong to the 95% of the traders that would not make it.
Where all
the people that I meet on the internet believe from the very beginning that
they will be a part of the 5% of traders that will make it.
I make my living as Joe the plumber or the baker, or the lawyer. If they
do not have any doubts on being successful then I definitely don’t need to have
any doubts on being successful.
Read also: Igor's Story Part One
Igor's Story Part Two