17 Ways to Lose in Forex

Hello, friends! The Internet is swarming with notes and lessons on “How to earn on Forex“. But there are no tips on how to lose on Forex. Let’s fix this unfortunate mistake! Below I have collected 17 proven ways how 100% to squander all the money in the Forex market. Read and comment on it, please!

 

Trade on the real account immediately

Who does need a demo and cent accounts? Are you a sucker? Open a real dollar account immediately. Let the losers play candy wrappers. Self-confidence is the most important thing. You have got all this, haven’t you?

Use maximum lot

Open any book on successful success and you will find the tip that you should “think big”. Visualize yourself at the yacht with a crowd of supermodels and a private island — you’ will get it. The shortest way is to use the maximum lot. How to do it? Start with lot 100 and reduce it gradually, until you are able to open position. Then remember the size of the lot and open the same position in the future. Maybe you will you need the second position suddenly.

Quit your job and invest all your money in the market

For motivation to trading and success, you need to burn all bridges. Kick open the door of the boss, put the resignation letter on his table and poke his fat face into this document! Let him choke!

When you leave the office, hold your head proudly raised and wink to the cutest employee. You will take her away from this office on your own “Porsche” soon.

Next you need to empty all your bank accounts and cash stashes, sell your old car (because you will have “Porsche” soon) and put all the money in the Forex deposit.

Take a loan in the bank

To think big, you need big investments. Your personal savings may be not enough. So, send the foot to the nearest bank and demand to give you a loan! Your apartment or an old car will fit as collateral (you won’t need old car anymore, Porsche is waiting for!)

If this bank refused to give you a loan — do not despair! Just go to another bank. In any case, do not say that you need money for Forex trading! Those stupid employees don’t understand the business of future billionaires, so make up some story about buying a house in the village.

Take a loan from the mobsters

All the banks have refused you. Not a problem! There are always good people willing to give you money. Ask around friends if they know those who will give money without any questions. Such people exist. They understand and help. The percentage is slightly higher than the bank has, but you plan to earn about 100500% per month, isn’t it? So everything will be OK.

If you forget to pay the money on time, these people will find you and give a few lessons in business motivation. And what can be better than a good motivation? Remember: Success Is Inevitable!

Buy courses and strategies

You see an advertisement on Internet, go to the page and what do you see? Some typical billionaire decided to share his strategy and teach You! For just 100 dollars.

Why doesn’t he earn? Instead, he worries about payment systems, advertisement, support service and all this for 100 bucks!

Sure he’s a nice guy. Buy his course and you will become a billionaire also. Well, if not, then you need to buy another course. And one more. And more.

Set as many as possible indicators on the chart

As you know, technical analysis works. And if one indicator increases the probability of profit by 5%, then if set 20 indicators on the chart— the probability of profit will be equal to 100%!

Why didn’t the others guess about it? Maybe they lacked motivation. Well, or just You are Genius.

Put a Stop loss on the Stop Out level

Setting of stop loss in every trade is a very tedious task. Your majesty is probably too busy. Fortunately, modern technology will help us! Any broker will automatically close your position if there are no available funds to keep it open. Therefore, if the position is not closed, then it’s OK, you’re still right. And how can it be otherwise?

Follow the analytics mindlessly

If someone wrote that “EURUSD will probably move up”, feel free to buy. Why did the analyst write “probably”? Well, because he is a pussy to enter the market. I suppose he is bespectacled, lives with mommy and he is still a virgin. You are not like he is! Safely open position.

Blame the broker always in everything

We need a scapegoat at any situation. Is the trade closed with loss? The damned broker couldn’t close it in plus. Can’t you scalp? Your broker does not open orders sufficiently fast.

If the price goes against you, the broker blocks technical analysis.

Show the market that you are stronger

The market is like a stray dog, you must show that you are not afraid of it. When you open a position, but the market goes against you — feel free to open another one. And don’t set stop loss. Let the market makers see that you are hard to catch by surprise. They’ve got the wrong guy. Be audacious and the market will give up. Open a new position in response to each stop, because if you are not able to fight back, you are WEAKLING.

Marry your position

A man must have a great goal and must love the same woman. If you have analyzed and are confident in your position — be faithful to it. The market can try to kick you but stand your ground. If a man said that there will be growth, the growth will be. Does minus increase? Be patient. But don’t give up. Otherwise, who can it be, if not you?

Constantly invest part of the profit in scams

It is well known that magic and aliens exist. But the government is hiding this information from us. The same thing is with Enron-like companies. Actually, they make millions, but the common people say that this is a Scam. Why? All is obvious — if everyone gets rich, no one will work in factories and serve pot-bellied oligarchs. Therefore, consistently, every month, invest a part of the profits to one of the foundations that promise to increase your money quickly.

Change your strategies constantly

The algorithm is simple: once you’ve got 3 stop-loss on strategy (it may be not in a row), no matter you traded by the rules or not, just use a new system! This is the only way to find the Holy Grail, giving 100% of profitable trades, even if you trade breaking the rules of the TS.

Study and apply the most bizarre methods

If 90% lose in Forex, then you need to act less like the others. Be non-formal.

Find the most unusual strategy. The motions of the planets, sacrifice to the spirit of the great Gann, all these things affect the market, and even are able to deploy it with no doubt. The Proper indie-strategy should have its own terms, such as TIU, PIU, etc., and there must be adepts who are ready to do anything in order to prove that the occult techniques work.

Trade under the influence of various substances

As you know, one of the main enemies of the trader is fear. How can you win? It is very simple: take 100 grams of the booze. If it does not help, then increase the dose. This old technique is called “Drunken master”. It works flawlessly. Mister Shoenice knows that.

Be sure to write that Forex is a Scam

And, finally, there is the most important thing. Be sure to write a magic spell on your wall in Facebook, LiveJournal blog, LinkedIn, or anywhere else — “Forex is a Scam!!!”

You tried and you failed. Then everyone will fail. If a baby tries to walk and falls, that is all, he’s not a walker.

Take care, Michael

ForexTraderPortal.com