Retail foreign currency exchange firm tale
this tale happened way back when, in January 2004. It was a bull economy back then.. So anyway, i was starting out with a super small roll of 2528 dollars at FOREX club and things derailed. This associate of mine said Polish Zloty rate will be affected by the descent in the domestic products prices, and as a consequence will slope. This analist said that the scheme of selling then is fool proof! Well intuitively i suspected some form of shenanigan or something, but because i recognised the physical meaning of this information, i said to myself: yeah, it's a long shot, but lets give her the ultimate test! Based on the data i had commenced to apply, i judged it to be the right timing to load up 100 mini lots. I stared at the chart untill finally, after several minutes, i started to note most average alteration. A few minutes later this bastard of a base currency shot through the roof! The account unloaded at a loss of 113 pips per unit. I was becomeing a trifle occupied with the wretched predicament that i happened to find myself in. i was sure that the changes in the agriculture can influence the Polish markets in a good way. I just pocketed nine Prince Charleses and that was the bottom line. But not half a second later, following GFDing i sold at 53 percent of loss. Darn, i wasn't expecting that to happen! Jees! I went down straight from a bankroll of 2528 dollars to 2528 micro lots, but at least i still had my shirt on;)
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middleton_leonard,
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