I started out in stocks. Penny stocks were so easy to trade
and didn’t require a ton of capital to make some money. It was so fun and
addicting. Investing money in stocks is almost like gambling. It’s got the same
feeling. I wouldn’t be surprised if they did brain studies on investors and
gamblers and they found a very similar type of brain activity. It is an
addiction based on profit and loss. I love it – lol.
But after a while I wanted to up the ante so I started
investing in currencies. Foreign exchange markets are really tough cookies to
crack, but man can you make a TON of money investing in these markets. You just
have to buy a certain type of currency and then sell it once it’s at a higher
rate as compared to another type of currency. You do this continuously until
you’re able to cash out big!
I love investing. It’s such a great field to be in. I don’t
even know how or why I decided to start investing, but I remember the day I started.
I bought a penny stock at $0.43 per share (1000 shares) and sold it for $0.76
per share. That’s a total profit of $300+ in the matter of days. And I didn’t
even have to do a ton of work. And if you’re lucky you can even score big if a
penny stock starts to move up and up and up to the double digits. It’s amazing,
but it’s very rare.
After a few months of doing that I started to trade foreign exchange with similar results. It was a great feeling. I was making lots of
money in the investment game. But then I made a stupid mistake. I placed bets
on pure emotional attachment to stocks and currencies. I totally failed
miserably. The stocks and currencies plummeted and I was left biting my hands.
It was gut-wrenching.
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