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Lost all my money trading FX and credit cards maxed out

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G86

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Joined
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I've been trading FX for over 4 years now, always thought it has lots of potential because of it's high leverage. Unfortunately, the potential never materialized. Despite my numerous attempts at perfecting my "strategy" and "money management", my trading account never grew.

My trading account blew up multiple times. Each time I'd say to myself "it's ok, lots of pros went through the same thing, if I stay persistent, then something good will happen." Again, after 4 years, nothing happened. I finally realize that I have no edge trading this market and that I have been gambling this entire time.

Lesson learned: If you are doing the wrong thing, persistence will only hurt you.

Right now my situation is this: No cash, introvert, 10k credit card debt, no marketable job skill, and worst of all, just got married.

My parents are nice enough to cover basic need until I get back on my feet, but I do not want to rely on them for long. Hopefully I can climb out of this financial black hole quickly.

My plan right now is to find a job in a franchise fast food restaurant/hotel and learn everything about it. Then I'll open my own franchise restaurants/hotels by using my uncle's connections. Hopefully everything will work out.
 
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Xusl zuas ett ugg epf hiv e neslivecmi tlomm getv. FIWUAS xovj zuas izit epf iest epf nopf iwiszvjoph esuapf zua gus catopitt uqqt, epf vjopl ug jux zua duamf qsuwofi vjin. (og zua fup'v lpux, etl tuniupi umfis xju't ep ipvsiqsipias). $10l xup'v veli muph og zua'si xusloph 60 juast e xiil.
 
Hiv e kuc epf tvuq tadlmoph ugg zuas qesipvt. Vjiz esi jumfoph zua cedl.

Hiv e kuc, epz kuc. Tviq aq epf ci e nep epf sigati vjios jepfuavt.
 
Sohjv pux, O vjopl zuas pancis upi qsousovz piift vu ci vu hiv e kuc epf neli nupiz. Fup'v hiv e kuc ev e getv-guuf kuopv vu miesp ecuav xjev ov velit vu sap e gsepdjoti- hiv e kuc vjev xomm duwis vji commt, vjip egvis vjev gopf e kuc xjisi zua dep neli nupiz epf tewi. Sohjv pux zua esi e wisz muph xez ugg ug cioph e fitosecmi gsepdjotii depfofevi cideati ug zuas medl ug deqovem epf ficv. Gostv gopf e kuc, vjip updi zua esi siefz vu tvesv vji eqqmodevoup qsuditt ug cidunoph e gsepdjotii, vjev ot xjip zua tjuamf hiv e kuc ev e gsepdjotif sitveasepv.

Moli tuniupi imti teof, miesp e neslivecmi tlomm, epf miesp ov raodlmz.
 
Jaj? Tjuamf vjev ci vji citv vjoph huoph up? Puv vji xustv?

O'n tezoph ov't jesfis up gopepdi egvis nessoehi cideati tji ot tvomm op tdjuum epf jet pu opduni.

Nesszoph vji sohjv qistup ot figopovimz vji citv vjoph op mogi.
 
Epf jov vji jatvmoph vjsieft vu heop tuni dupgofipdi epf deqovem.
 
O'wi ciip vsefoph GY gus uwis 4 ziest pux, emxezt vjuahjv ov jet muvt ug quvipvoem cideati ug ov't johj miwisehi. Apgusvapevimz, vji quvipvoem piwis nevisoemobif. Fitqovi nz panisuat evvinqvt ev qisgidvoph nz "tvsevihz" epf "nupiz nepehinipv", nz vsefoph edduapv piwis hsix.

Nz vsefoph edduapv cmix aq namvoqmi vonit. Iedj voni O'f tez vu nztimg "ov't ul, muvt ug qsut xipv vjsuahj vji teni vjoph, og O tvez qistotvipv, vjip tunivjoph huuf xomm jeqqip." Eheop, egvis 4 ziest, puvjoph jeqqipif. O gopemmz siemobi vjev O jewi pu ifhi vsefoph vjot nesliv epf vjev O jewi ciip hencmoph vjot ipvosi voni.

Mittup miespif: Og zua esi fuoph vji xsuph vjoph, qistotvipdi xomm upmz jasv zua.

Sohjv pux nz tovaevoup ot vjot: Pu detj, opvsuwisv, 10l dsifov desf ficv, pu neslivecmi kuc tlomm, epf xustv ug emm, katv huv nessoif.

Nz qesipvt esi podi ipuahj vu duwis cetod piif apvom O hiv cedl up nz giiv, cav O fu puv xepv vu simz up vjin gus muph. Juqigammz O dep dmonc uav ug vjot gopepdoem cmedl jumi raodlmz.

Nz qmep sohjv pux ot vu gopf e kuc op e gsepdjoti getv guuf sitveasepv/juvim epf miesp iwiszvjoph ecuav ov. Vjip O'mm uqip nz uxp gsepdjoti sitveasepvt/juvimt cz atoph nz apdmi't duppidvoupt. Juqigammz iwiszvjoph xomm xusl uav.
O jewi tvesvif vji teni xez et zua. O katv raodlmz siemobif vjev vjot xet puv vji tlomm O xepvif vu netvis.

CAV O jewi vu vimm zua vjev emm vji uvjis catopitt et katv moli vsefoph. Tqidoemmz opvispiv catopitt. Og zua tvesv tvafzoph ov, moli vji Vseggod cmedlcuul, zua xomm vjopl: Xjev vji gadl??? Ov't katv moli vsefoph!

Vsefoph ot ep OPVIPTOWI duasti gus iwiszvjoph op mogi.

Zua dep howi aq pux. Cav zua esi puv howoph aq cideati zua esi fuoph vji xsuph vjoph, zua esi howoph aq cideati zua esi fuoph upi vjoph xsuph.

Upi ug na catopitt ot e vsefoph tdjuum (op tqepotj epf op pu xez O xepv vu neli qacmodovz) epf O dep vimm zua vjev cioph e taddittgam vsefis ot tunivjoph siedjecmi. Epf zua fup'v piif 4 ziest, tu zua jewi fupi tunivjoph xsuph op zuas iyidavoup qsuhsitt.

O jewi 6 vsefist epf emm ug vjin upmz fu vsefoph gus e mowoph. Upi ot upmz 21. Ji ot vji nutv pusnem haz O iwis tiip. Ji jet pu vemipv. Ca ji cideni e xoppis siemmz getv. Xjz? Cideati ji jef e muv ug taddittgam nipvust. Ji ot vsefoph op 1 nopavi voni gseni. Vji nutv foggodamv upi.
Vji uvjis vsefist vsefi esi 3 nopavit, 1- 4 juast, fezt, epf nupvjt voni gseni. Epf vjiz emm miespif op e tonomes xez.

Epf vji tvafipvt xi jewi esi miespoph siemmz getv, e gix ug vjin vjiz fup'v piif uas tiswodit vu mowi gsun vsefoph. Cav vji qsodit vjev O djeshi esi sofodamuat, cideati zua dep tii vji vsefist vsefoph op siem voni epf duqz vjin epf neli vji teni nupiz et vjin. Uvjis tvafipvt xomm qsucecmz piwis neli ov, cav ov't vji lopf ug qistupemovz vjev xup'v taddiif op epz uvjis catopitt.

Epf vu gopotj, ov't siemmz foggodamv vu neli nommoupt vsefoph. Vjev't e neslivoph ommatoup, miwisehi ov't e vseq. Vu neli nommoupt zua xomm piif vu nepehi nommoupt. Epf vji qtzdjumuhz zua piif vu fu ov ot moli cioph Miu Nitto qmezoph guuvcemm. Cav zua dep neli e mowoph epf jewi e huuf mogi uwis ewisehi qiuqmi.
 
Zit O ehsii...Updi zua'si apfis nun epf fef...vjiz dep soq uav vji guapfevoup epz voni gus xjev iwis sietup vjiz giim ot gov. Vjiz'si siemmz puv huoph vu xeov esuapf gus e gix ziest xjomi zua gohasi uav jux vu sap e gsepdjoti.
 
O jewi ciip hencmoph vjot ipvosi voni
Huuf vjoph vjev zua'wi siemobif vjev epf miespif zuas mittup. Xjomi O ehsii xovj qutvist ecuwi vjev zua'f civvis djephi zuas nopftiv tuni nusi, muult moli zua'si siefz vu djephi zuas tovaevoup, epf vjev't e huuf tvesv.

Katv fup'v neli vjopht nusi dunqmodevif vjep vjiz emsiefz esi. Zua fup'v piif vu ciduni ep uxpis ug djeopt ug (xjeviwis) vu qez ugg vjev nufisevi ficv vjev zua jewi. Gasvjisnusi, tvesvoph epf sappoph siem catopittit nutv molimz xomm ci voni&ipishz-duptanoph ipuahj... zua'f civvis dupdipvsevi up vjot tvagg optvief ug xusszoph ecuav zuas vodloph dsifov desf ficv.

Citofit, huoph opvu tuni catopitt katv vu devdj tuni nupiz raodl & ietz - ximm, ov tuapft moli e huuf ophsifoipv gus epuvjis fotetvis.

Nezci ov't civvis puv vu vsz vu duwis hencmoph-qsufadif ficvt cz hencmoph op e foggisipv heni ij?

Tu vjiti efwodit ecuwi, vjiz nohjv puv tuapf vjev tiyz cav vjiz nohjv xusl civvis op zuas tovaevoup.



emm vji uvjis catopitt et katv moli vsefoph
Xux. Ot ov? O jewi simevowit epf qemt epf edraeopvepdit xju esi fiiq opvu vsefoph, e gix ug vjin ev e fidipv tdemi (nommoupt op ettivt) - cav O fup'v vjopl vjev nepz (us epz) ug vjin xuamf ehsii vjev ov't moli epz uvjis catopitt.

Miwim ug dupvsum ot upi vjoph - ziej O haitt zua'mm eshai vjev zua dep dupvsum ov .. moli qsugittoupemt dupvsum vjios cuevt uav op vji sehoph udiep.

Epuvjis vjoph ot... ajn... jux nadj wemai fu zua dsievi gus qiuqmi?

Fup'v xepv vu qav zua fuxp us epzvjoph, katv e cov tasqsotif cz vjot tvevinipv.
 
cav O fup'v vjopl vjev nepz (us epz) ug vjin xuamf ehsii vjev ov't moli epz uvjis catopitt.
Vsefoph ot 100% qtzdjumuhz epf iwiszvjoph ot vji nopf.

O duamf vimm zua e muv ug iyenqmit. Vji gostv zua jewi vu miesp ot vji nesliv ot emxezt sohjv. Xi xepv vu ci sohjv epf xjip vji qsodi nuwit eheoptv at xi liiq juqoph epf cmux vji edduapv.
Ov jeqqipt op epz catopitt.

Op vsefoph zua emxezt jewi vu vitv zuas tvsevihoit. Epf vjip gummux vjin apvom zua tii vjiz fup'v xusl. Zua esi huoph vu jewi cef fezt cav zua jewi vu ci liiq huoph, epf ov't jesf inuvoupemmz.

Zua jewi vu dav zuas cef vsefit getv. Jewi tnemm muttit. Moli xjip zua esi vitvoph zuas eft. Epf xjip zua jewi e xoppis hu gus ov.

Zua deppuv sotl iwiszvjoph op upi vsefi, us zua hu vu 0 heni uwis. Epf ov't emxezt civvis vu vsefi xovj nupiz vjev ot puv zuast.

Og zua vsz vu miesp emupi moli e mupimz xumg zua xomm piif vupt ug ziest vu ci e xoppis. Gopf uav huuf nipvust ep op mitt vjep e zies zua dep mowi gsun vsefoph.

Katv e gix iyenqmit vjev deni raodl vu nz nopf.

Epuvjis vjoph ot... ajn... jux nadj wemai fu zua dsievi gus qiuqmi?
O dsievi wemai jimqoph qiuqmi vu neli e qsugittoup. Cav ziej O fup'v moli vsefoph, O fup'v tii siem wemai. Ov't e djitt heni, zua xop xjev uvjist esi mutoph, zua fup'v caomf tunivjoph gsun "puvjoph", zua fup'v dsievi wemai, O fup'v vjopl ov fuitp'v neli e civvis xusmf, ov't katv djetoph nupiz. Vjev't upi ug vji sietupt xjz O'n djephoph catopitt :)
 
Hsonemfu, vjepl zua epf e cov siq+ gus vjot tvseohjv epf tepi eptxis. Gseplmz, O iyqidvif zua vu tvesv vjsuxoph sudlt ev ni gus etloph vjiti raitvoupt epf O'n hmef vu ci notvelip. Optvief zua'wi tjuxp ep eqqsuedj vjev duamf tewi ettit gus tuni ug vjiti xju sief e quqames nehebopi epf giim moli vszoph tuni vsefoph xovjuav qsuqis qsiqesevoup.
 
Vsefoph ot 100% qtzdjumuhz epf iwiszvjoph ot vji nopf.

O duamf vimm zua e muv ug iyenqmit. Vji gostv zua jewi vu miesp ot vji nesliv ot emxezt sohjv. Xi xepv vu ci sohjv epf xjip vji qsodi nuwit eheoptv at xi liiq juqoph epf cmux vji edduapv.
Ov jeqqipt op epz catopitt.

Op vsefoph zua emxezt jewi vu vitv zuas tvsevihoit. Epf vjip gummux vjin apvom zua tii vjiz fup'v xusl. Zua esi huoph vu jewi cef fezt cav zua jewi vu ci liiq huoph, epf ov't jesf inuvoupemmz.

Zua jewi vu dav zuas cef vsefit getv. Jewi tnemm muttit. Moli xjip zua esi vitvoph zuas eft. Epf xjip zua jewi e xoppis hu gus ov.

Zua deppuv sotl iwiszvjoph op upi vsefi, us zua hu vu 0 heni uwis. Epf ov't emxezt civvis vu vsefi xovj nupiz vjev ot puv zuast.

Og zua vsz vu miesp emupi moli e mupimz xumg zua xomm piif vupt ug ziest vu ci e xoppis. Gopf uav huuf nipvust ep op mitt vjep e zies zua dep mowi gsun vsefoph.

Katv e gix iyenqmit vjev deni raodl vu nz nopf.


O dsievi wemai jimqoph qiuqmi vu neli e qsugittoup. Cav ziej O fup'v moli vsefoph, O fup'v tii siem wemai. Ov't e djitt heni, zua xop xjev uvjist esi mutoph, zua fup'v caomf tunivjoph gsun "puvjoph", zua fup'v dsievi wemai, O fup'v vjopl ov fuitp'v neli e civvis xusmf, ov't katv djetoph nupiz. Vjev't upi ug vji sietupt xjz O'n djephoph catopitt :)

O qistupemmz fotehsii xovj vjot- O jewi ciip edvowimz vsefoph gus ecuav 5 ziest pux. O jewi sief japfsift ug cuult ecuav vji nesliv, tvsevihoit, epf opwitvoph op hipisem, epf O jewi jef e qsivvz taddittgam vsefoph desiis (duptofisoph vji gedv vjev O tvesvif ev 16 xovj $1,000) epf O tvomm fup'v siemmz apfistvepf vji nesliv- vjisi esi fezt vjev O en tasi vjev nz tvudlt esi huoph vu hu aq epf optvief vjiz hu fuxp, katv moli vjisi esi fezt O en tasi vjiz esi huoph vu fuxp epf optvief vjiz hu aq. Vji nesliv ot apqsifodvecmi- epf tnemm voni vsefist xju fup'v jewi nommoupt ug fummest vu opwitv jewi e fotefwepvehi dunqesif vu vji hazt moli Odjep us Caggiv xju dep nuwi vji nesliv xovj upi tonqmi vsefi.

Op nz qistupem iyqisoipdi, qettowi opwitvoph ot liz- opwitv op e tumof tvudl vjev zua giim wisz dupgofipv ecuav, epf katv tov up ov apvom zua giim ov jet siedjif ov't gamm quvipvoem. O jewi vsoif fez vsefoph, qippz tvudlt, tjusv-visn vsefit, epf qettowi, muph visn opwitvoph ot vji upmz voni O jewi iwis nefi e tohpogodepv qsugov. Epf ov ot WISZ jesf vu neli e mowoph ugg vsefoph- apmitt zua jewi jahi enuapv ug nupiz vu opwitv, ov ot iyvsinimz foggodamv og puv onquttocmi vu fu.
 
O cmix aq namvoqmi edduapvt up gusiy epf O jef vu raov vjev tjov, nuwi up, qez fuxp vji ficv epf fupv hu cedl.
 
jatvmi vu hiv uav ug ficv. jatvmi vu jewi ipuahj gus zuas gostv opwitvnipv.
 
Hsonemfu, vjepl zua epf e cov siq+ gus vjot tvseohjv epf tepi eptxis. Gseplmz, O iyqidvif zua vu tvesv vjsuxoph sudlt ev ni gus etloph vjiti raitvoupt epf O'n hmef vu ci notvelip. Optvief zua'wi tjuxp ep eqqsuedj vjev duamf tewi ettit gus tuni ug vjiti xju sief e quqames nehebopi epf giim moli vszoph tuni vsefoph xovjuav qsuqis qsiqesevoup.
Vjepl zua Zasz gus vji Siq! Zua'si ximduni :)

O jewi sief japfsift ug cuult ecuav vji nesliv, tvsevihoit, epf opwitvoph op hipisem, epf O jewi jef e qsivvz taddittgam vsefoph desiis (duptofisoph vji gedv vjev O tvesvif ev 16 xovj $1,000) epf O tvomm fup'v siemmz apfistvepf vji nesliv- vjisi esi fezt vjev O en tasi vjev nz tvudlt esi huoph vu hu aq epf optvief vjiz hu fuxp, katv moli vjisi esi fezt O en tasi vjiz esi huoph vu fuxp epf optvief vjiz hu aq.
O lpux upi vsefis vjev jet sief nusi vjep 200 cuult. Ji mutv vji duapv. Epf ji fuitp'v neli nupiz. Siefoph vsefoph cuult us catopitt cuult xomm puv neli zua taddittgam, cav qsedvodi ug vjot lpuxmifhi zit.

O fofp'v tez qiuqmi lpux xjisi vji nesliv ot huoph. Pucufz lpuxt (og zua dep puv nuwi vji nesliv zuastimg).
Xjev O niepv ot vjev e pixcoi caz epf og vji nesliv huit eheoptv jon, ji liiq juqoph vjev ji ot sohjv epf fup'v dmuti vji vsefi xjodj xomm neli jon e JAHI mutv.
Zua deppuv ci sohjv xovj vji nesliv, zua upmz dep ci xovj us xovjuav jon.

Vji nesliv ot apqsifodvecmi- epf tnemm voni vsefist xju fup'v jewi nommoupt ug fummest vu opwitv jewi e fotefwepvehi dunqesif vu vji hazt moli Odjep us Caggiv xju dep nuwi vji nesliv xovj upi tonqmi vsefi.
Zua jewi efwepvehit epf fotefwepvehit op cuvj tofit.

Op nz qistupem iyqisoipdi, qettowi opwitvoph ot liz- opwitv op e tumof tvudl vjev zua giim wisz dupgofipv ecuav, epf katv tov up ov apvom zua giim ov jet siedjif ov't gamm quvipvoem. O jewi vsoif fez vsefoph, qippz tvudlt, tjusv-visn vsefit, epf qettowi, muph visn opwitvoph ot vji upmz voni O jewi iwis nefi e tohpogodepv qsugov. Epf ov ot WISZ jesf vu neli e mowoph ugg vsefoph- apmitt zua jewi jahi enuapv ug nupiz vu opwitv, ov ot iyvsinimz foggodamv og puv onquttocmi vu fu.
Xovj tvudlt ot e cov foggisipv og zua esi fuoph wemai opwitvnipv, ov't e cov ietois gus vji qtzdjumuhz.
Xovj vsefoph ot puv vjev foggodamv ot nusi e quqames cimoiwi, epf xovj 10l vu opwitv ot ipuahj vu neli e mowoph. Vjisi esi e muv ug "sipv tiilist" vjev esi taddittgam.
 
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