Topic: Horrors of foreign exchange trading | |
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Make no mistake, foreign exchange trading, or FX for short takes no prisoners. And I've been on the front line with it for 5 years now and seen many a mighty felled by the ruthless logic of this financial beast.
The charts project horrific 100 foot waves that capsize even the most sturdy ship and weathered financial sailors. I started out with my a mere £10 soon to find years spent adding up to £20,000 plus and nothing to show for this crazed addiction of technical analysis, Fibonacci, Lucas numbers (no not star wars) and even imaginary numbers if you can find it. Even the wife, children and house were all lost to this fixated craze, fits of madness and eventual homelessness. (No worries, I'm well housed now). Every madness and lunatic idea had been tried, numbers, pi, tau, golden ratio, even rolling a dice, anything, even the kitchen since was thrown at it. Nope tear up that formula, lets try a again. Sitting behind a screen like a fixated gambler hoping the wave peaks and goes down, to come back only to find your only £400.00 just got wiped out just like that, "no!!!" (Think star wars, your not my father type "no"). Rest of the night spent vex after that. Oh well try again next week, redraw a whole new analysis theory as the mind tries again to wrestle this beast. New calculus, Lucas wave theory (check) lunar time analysis (check) y = range over x = square of the balance (check). Time to mount that beast again. |
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