An August Morning: 2010
I took a weekend course in London in the summer of 2010.
I thought I nailed it and was on my way to become a super trader.
Reality: It took me three months to press that trading button.
Fear overtook my logic and senses.
How I missed being in the shadow of an experienced trader hand-holding me during my first year of trading (without costing the earth of course)
Then one day I just said to myself. DO IT !
Nervously, I placed my first trade.
Still remember it..
Like the first love you never forget it.
GBPJPY (Pound against the YEN). I placed it before I went to bed.
✅ Entry checked
✅ Target checked
✅ Stop loss checked
Off to bed!
I woke up the next morning and before doing anything else I was in front of my laptop checking the trade and was shocked!
Didn’t realise that instead of placing it for 70p, I placed it for £7.
Oh my word!!
My first trade and I got it all wrong.
*Hands-on mouth* My fingers were shaking on the keyboard.
I called up my broker pronto.
A gentle calm voice greeted me - "Hello, How can I help”?
I tried to sound calm to meet his energy..
“Hi, Err.. How does one close a trade? I am new to your platform and I think I made a mistake”.
He took about 30 seconds to load my details which of course felt like a lifetime to me.
“Ah Yes, it’s too high a risk for the capital you have but its winning so you could let it run”. The phone call ended.
Indeed it was. Winning me £597 and still going strong.
Had it gone the other way around,
I would have lost my entire account in one single trade.
That too on my first one.
My heart was pumping….
the same way it pumps when you suddenly discover that your crush is staring at you..
Yeh! Similar feeling. Different situation! My heart pounded every time the numbers jumped.
5 more pips to hit TAKE PROFIT TARGET!
An electronic exit sound like that of a bell!
The trade had automatically ended as it reached my Target Profit level !
Within seconds the profit £750 like magic
disappeared from the open position into my closed position folder.
Phew! That was one hell of a morning and what a way to start my trading journey.
Shocked! Excited! Mixed feelings engulfed me.
My FIRST WIN!
It felt nice!
But what's the lessen learned thou.
Never risk more than 1-2 % of your account .
In this case, I risked 118%.
The Universe was kind this time!
I immediately withdrew my win and banked it. (beginner syndrome)
I wanted to know if that was REAL.... that ,
if I could use the money I made when I was sleeping..
if I could use it in real life.
Within a few hours, the moolah was majestically sitting in my bank account.
Back then, I was a new mum without a full-time paid job.
That amount could have easily been a month’s salary and I earned it in half a day.
Baby in my hand, I logged into my bank online and mollycoddled the warm fresh arrival with my mouse arrow.
Now talk about virtual love eh!!
NOT TAKING ANY MORE SILLY RISKS even though this one was unintentional!
Since that episode … I have been in love with the Forex market –
My first “Crush”.. but now I handle it with some “brakes” on ;P
Well, I used to be a VJ (Video Jokey) in my 20's..played requested songs on television for my viewers. here's one for you..
..and to my journey as a retail trader
“Crush on you- by Brakes” (lyrics below the video. Best experience is in full volume with headphones on :) Song has nothing related to trading but its a crush nonetheless!
P.S: What was your first trade like? Looking forward to hearing from you in the comments section.)
Burning bush, burning rubber, burning thighs, Ooh, I’ve got a crush on you.
Skull and bones, rock and roll, magpie, Ooh, I’ve got a crush on you.
Fritz Lang, laser eyes, freedom fries, Ooh, I’ve got a crush on you.
Joan of Ark, redwood bark, Cutty Sark, Ooh, I’ve got a crush on you.
Isis, bite your tongue, whirlpool, Ooh, I’ve got a crush on you.
Vampire, snake eyes, snake face, Ooh, I’ve got a crush on you.
Take your money, take yourself, save each other, Ooh, I’ve got a crush on us.
Take two, take control, stand up, Ooh, I’ve got a crush on us.
Is this the first of the season? It is the first of the…
Tian chao, Kurgistan, open out, Ooh, I’ve got a crush on you.
Shake your tail, time sails, I hope it pales, Ooh, I’ve got a crush on us.
Back in time, backing track, crack and sack, Ooh, I’ve got a crush on us.
Cape Town, mothers’ smiles, we walk for miles, Ooh, I’ve got a crush on us.
Save the best, save your chains, save yourselves, Ooh, I’ve got a crush on us.
Furnace heat, furnace light, tell the truth, Ooh, I’ve got a crush on you.
Burning bush, burning rubber, burning eyes, Ooh, I’ve got a crush on you.
It is the first of the season; Is this the first of the…?
Shotgun, the war is won, I meant to say, (Ooh, I’ve got a crush on you)
"The most important investment you can make is educating yourself."- Warren Buffett
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