The 700-dollar lesson!! - Conspiracy-Forums

coollikeme · 03-20-2008, 05:13 AM

I always had this desire to be a broker, mainly of the stock market variety. I started noticing ads for Forex all over the place. So my wife and I went to a Forex seminar to check it out. I loved it; it was something I thought I could do. The program was 3000 dollars to join, and we did not have the money to join. We could not afford it. I was upset, we were always broke!! That was one of the reasons why I was ready to try something new. "My wife said there is got to be a cheaper way to learn about investing in the forex". We decided we were going read, and do everything on your own.

So after a year of reading, and going on the Internet and learning what we can. We finally saved up 700 dollars and we were ready to go. We established a forex account, and the trading began. It was great knowing we could get up every morning having a chance at making some money. The first day we tried it; we made $51.14. "Yah baby" trading was on. Day 2 we made $23.62, it seemed all are hard work paid off. Then reality set in. We lost a lot after that, and in about 6 months we lost the 700 dollars we put in. This is where a lot of the books we read help us.

We were obviously pissed off!! But even in losing money we were learning from are mistakes, and knew we needed to learn more. So with in another year we managed to save more money, and do more studying in that time. Now we took on the challenge of doing not only Forex, but also the stock market to. We have a trading account for each. We are doing a lot better at trading now. Some day we will be doing this full-time. Glad we did not give up. Lots of times I read blogs about whatever business you are trying to run people, just give up. Don't give up!! If something does not work try something different, and be a little patient. Just never give up. I lost 700 dollars 3 years ago, now my account is up to
$3120.52 on my way to millions. I can't say it enough. Don't give up.

James Lewitzke · 03-21-2008, 08:58 PM

Nice inspiring story

Investing can be a tough game to get into. Hope you make those millions you're aiming for.

**Barcs** · 04-04-2008, 07:55 PM

Good stuff. I recently bought my first stocks. I probably won't get into hardcore day trading or anything like that, but I bought a few companies who I feel are going to increase in the next few months. I guess we'll see what happens. The only thing I'm worried about at the moment is the instability of the market right now. It seems like it could crash anyday! Good luck!

**Conspirasist** · 05-08-2008, 05:44 AM

I dont know much at all about the stock market but i would be very
careful about investing any amount of money in it right now. With
all my heart, i totally believe it will crash again like it did in 1929.

James Lewitzke · 05-08-2008, 02:42 PM

Quote:

Originally Posted by Conspirasist

I dont know much at all about the stock market but i would be very
careful about investing any amount of money in it right now.

Then again what is it actually worth right now?

As you said in the wealth thread, the dollar is practically worthless these days.

03-20-2008, 05:13 AM	#1 (permalink)
coollikeme Conspiracy Lurker Location: New Jersey Posts: 8 Rep:	The 700-dollar lesson!! I always had this desire to be a broker, mainly of the stock market variety. I started noticing ads for Forex all over the place. So my wife and I went to a Forex seminar to check it out. I loved it; it was something I thought I could do. The program was 3000 dollars to join, and we did not have the money to join. We could not afford it. I was upset, we were always broke!! That was one of the reasons why I was ready to try something new. "My wife said there is got to be a cheaper way to learn about investing in the forex". We decided we were going read, and do everything on your own. So after a year of reading, and going on the Internet and learning what we can. We finally saved up 700 dollars and we were ready to go. We established a forex account, and the trading began. It was great knowing we could get up every morning having a chance at making some money. The first day we tried it; we made $51.14. "Yah baby" trading was on. Day 2 we made $23.62, it seemed all are hard work paid off. Then reality set in. We lost a lot after that, and in about 6 months we lost the 700 dollars we put in. This is where a lot of the books we read help us. We were obviously pissed off!! But even in losing money we were learning from are mistakes, and knew we needed to learn more. So with in another year we managed to save more money, and do more studying in that time. Now we took on the challenge of doing not only Forex, but also the stock market to. We have a trading account for each. We are doing a lot better at trading now. Some day we will be doing this full-time. Glad we did not give up. Lots of times I read blogs about whatever business you are trying to run people, just give up. Don't give up!! If something does not work try something different, and be a little patient. Just never give up. I lost 700 dollars 3 years ago, now my account is up to $3120.52 on my way to millions. I can't say it enough. Don't give up. __________________ http://www.squidoo.com/coolmoney http://roseannstreasures.com http://www.squidoo.com/thesecretsociety

03-21-2008, 08:58 PM	#2 (permalink)
James Lewitzke Administrator Recent Blog Post: The Earth is Flat! Name: James Posts: 312 Rep:	Nice inspiring story Investing can be a tough game to get into. Hope you make those millions you're aiming for. __________________ Conspiracy-Forums Rules Lightningshock.com - My Blog

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04-04-2008, 07:55 PM	#3 (permalink)
Barcs Conspiracy Nut Location: NJ Name: Bill Posts: 109 Rep:	Good stuff. I recently bought my first stocks. I probably won't get into hardcore day trading or anything like that, but I bought a few companies who I feel are going to increase in the next few months. I guess we'll see what happens. The only thing I'm worried about at the moment is the instability of the market right now. It seems like it could crash anyday! Good luck!

05-08-2008, 05:44 AM	#4 (permalink)
Conspirasist Conspiracy Expert Posts: 273 Rep:	I dont know much at all about the stock market but i would be very careful about investing any amount of money in it right now. With all my heart, i totally believe it will crash again like it did in 1929.