Here are top 10 reasons why it sucks to be a forex trader.
#1: Spending quality time with your wife, child, girlfriend or friends is boring & maybe even stressful when you know you are missing the market action.
#2: You spend hours upon hours analysing and studying charts…a really totally boring job in the eyes of your friends (if they were to know).
#3: When you suffer massive losing streaks, it looks like the world is going to end.
#4: You are the last to sleep and the first one to wake up without needing an alarm clock ( to check a a trade you left running during the night).
#5: What time of night or day becomes irrelevant until your stomach starts screaming for food & water. Even bathroom calls are “shut in ” for the time being until it cannot be stopped any more.
#6: You think your broker is cheating you by knocking out your stop loss and then market heads in the direction you predicted.
#7: Saturdays and Sundays (or holidays) are mentally boring and you can hardly wait for Mondays to come when the market opens again.
#8: You feel like belting yourself when you see your profitable trades turn into losses when you had a chance to take profit at an earlier time and you swear with a hand in your heart you’d never do that again but that’s for a short while only…
#9: You suffer from multiple personality disorder.
#10: You become pretty religious, hoping and praying and calling God’s name( in vain)when there’s a large floating loss staring at you right in the face. And if you were to close that trade now, it will wipe a large chunk of you trading account because you were so stupid to get into that trade with a large exposure .
Please like, share and tweet by clicking those buttons below.
Posted in