You Don't Know Shit About Forex
By Jonathan Sim and SEBASTIAN TONCIC
4/5
()
About this ebook
You Don't Know Shit About Forex tackles the most ignored yet crucial facets of Forex trading - MENTAL FORTITUDE & A TRADER'S PSYCHOLOGY. While most Forex guides focus on trade executions, analytics and forecasts, few and far between actually deal with failures and blown up accounts.
You Don't Know Shit About Forex provides a refreshing, realist perspective about Forex trading, with emphasis on the reality surrounding the uphill battles that Forex traders face on a daily basis. No-sugarcoating, no-frills and no-holds-barred, this book reveals the ordeals and challenges that every trader should anticipate, from novice traders to seasoned veterans.
This book serves to demystify the misconceptions surrounding Forex trading, administering doses of realism, akin to reality TV, for consumption of the masses. Years of misconstrued rosy outlook painted by so-called greedy Forex gurus, contributed unfairly to the perception that Forex trading is the promised Utopia of financial freedom, masking the damning fact that the majority of retail traders struggle to even make ends meet.
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Reviews for You Don't Know Shit About Forex
5 ratings2 reviews
- Rating: 1 out of 5 stars1/5That is the funny book that write from the loser dreaming and try to create more loser to stop do forex.
Forex + knowledge = profitable - Rating: 5 out of 5 stars5/5Funny written, easy to read and you can see that the author knows what he is writing about and Has no intention to hide any cruel truth about market. Cant wait to get it on with second book!
Book preview
You Don't Know Shit About Forex - Jonathan Sim
INTRODUCTION
WHAT IS YOUR AVERAGE FOREX BOOK?
This is NOT your average Forex trading guide or any average Forex book in ANY and EVERY sense of the word. If you were to ever browse through any Forex books out there, chances are they’ll tell you if follow steps 1 to infinity, you’ll be promised a pot of gold at the end of the rainbow, in this 5-trillion-dollars-a-day Mammoth of Forex market.
What if it does not work then? Pretty sure you’ve been there! You’ve done everything right, followed every guide or steps as humanly possible, and you have nothing to show for all your efforts? What then? Fuck that!
Let us be very honest here; You hate your day job, sick of your boss breathing down your neck at work, and you toy around with the idea of being self-employed
. I can lay on an exotic beach all day, just trading Forex full-time
. That thought plays around in a loop in your head all day and the more you think about it, Why the hell not??
Or you could have stumbled across some ads online while browsing through Youtube, fumbling for answers to explain your losses, or simply when you searched for the exchange rates of your native currency to USD for example, and a bright shiny ad popped up at the bottom of your page that says, Trade Forex with FREE $100 capital!
You’ll think to yourself, Why the fuck not? It’s free money!
Or maybe you’ve even heard of some success stories
you’ve read online, or hell maybe even someone you know personally. I made $4-freakin’-grand yesterday, all from Forex! This shit is lit!
And there you have it, may the wild hopes and dreams run free!
MILLION DOLLAR BABY
Fuck yeah, you can become a millionaire, sitting butt naked in your living room, just by playing Forex! Shit, Jon and Sebastian, is that even possible?
Hell yeah, it is! Do some quick maths
right now, while Man’s Not Hot
is playing in the background. Grab hold of $10 grand, use a leverage of 1:800 and above. Three traders are all you need. Just simply follow the steps below (quote, terraseeds.com):
First trade position:
Risk everything with $10K starting capital. Bet the freakin’ farm.
Go at a minimum of 1:800 Forex leverage, with the standard margin for 1 standard contract = $125.
Close your eyes, and randomly point at a Forex pair. Or even better, do the eeenie, meenie, miny, moe
.
Place an order for 80 standard contracts (don’t forget to give Old MacDonald a call!)
Close your position with a 50-pips profits.
Make $40Gs from that position.
Second trade position:
You now have $50 grand trading capital.
Pick another random trade. To spice things up, you can get your dog to pick which trade you should be entering.
Place an order for 400 standard contracts (while singing the Old MacDonald song)
Close your position with another 50-pips profits.
Make $200K in profits!
Third trade position:
You now have $250 grand trading capital.
Okay, this time let your cat pick which pair your should be trading. (Gotta be fair, right?)
Place an order for 2000 standard contracts. (Maybe this time, you can hum along to Nothing at All
by O-Town – Yep, we like our old school songs).
Close your position with 40-pips profits.
Hell yeah, you’re a millionaire! That’s what we’re talking about!
If you believed all of that, congratulations, you played yourself. What are the odds of hitting 3 homeruns in a row? You know what? You can even drop us an email and we will gladly give you the address of the nearest casino to you, or if online betting is your thing we will provide the website to you! All you have to do is ask! We are nice people, we promise!
RUDE AWAKENING
Sure, money is good, the more money the better. More happiness, more freedom, more time, more sex, you name it! But let’s face the facts here. We’re not going to sugarcoat the cold hard facts just because oh, you don’t like the sounds of it, or oh, maybe it’s not really that bad out there. Or maybe you even think that hey, if some random person can do it, I can do better! Well, time to wake up from la-la