From The Forums: Watch me lose $29K from now – How long will it take?!

While waiting for my trading setups to materialize, I often find myself wandering to the different forums that cater to all those who are interested in making some money off the stock markets. The underlying idea is to find new information about the ways to become profitable in this business. Various self-proclaimed gurus seem to flock in these places; so I might end up learning a thing or two from them.

Some of the threads in these forums are downright hilarious. See for instance Watch me lose $29K from now – How long will it take?!

Supposedly, the thread starter aarontdang is willing to lose $29,000 by gambling in the forex market. The same person used to trade without any stop losses and thus has lost a lot of money in the forex market. With $29,000, he is willing to try his luck once again; but this time he will strangely rely on stop loss orders.

Watch the hilarity ensue as this trader keeps on losing money every time the forex market decides to make an example out of him. At this point, he just has $8,665 remaining in his Oanda trading account.


About Praveen Pious Francis
A part-time blogger who has a wide range of interests including investing in the stock markets across the globe and broadband technologies in India.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: