The reason I stagnated in a demo account for two years after being sent off twice in FX
Good morning, I'm Naoto. This morning I'll tell a little old story.
I have been expelled from FX twice.
First was in 2011. I started with almost no knowledge, never having traded stocks before.
I would open the chart and buy based on a gut feeling that it would rise soon. I wouldn't set a stop loss. Even when it dropped, I believed it would come back someday and kept holding.
100,000 yen disappeared in no time.
When I opened the chart, I felt uneasy unless I had something. Looking back now, it was the very addiction to being in positions (posi-posi disease).