I started with forex in April last year (2008) just for casualty. I was looking for any kind of investment to take. I watched the news and keeping an eye in economic news and thought, I can to it. I was looking for investments on stocks or oil, and then I found a zillion brokerage services, and open a demo account with one of them. Firstly, I didn’t have any idea of what the hell was forex; even with the broker platform running. So, I opened a position and wait, looking the little line going up or down or doing nothing as well. Watched in that position a profit or a loss, I don’t remember, finally I get what was all about (not how to trade but how it work). I realized what the hell leverage was and how it could help me (but not how it could ruin me just as happen next). No idea what an order was, neither limits, pips, spread, money management, margin call (I learnt that one in the worst hard way).
At that time, I didn’t know anything about technical analysis or anything about markets. Time goes by and demo account expired. Then I looked for another broker, someone with a better trading platform and with a better way to transfer funds, deposits and withdraws as well, but disconnected with my bank account (I distrust by nature), so I found it. I deposited 300usd via mnygram on April 29 2008. Because a welcoming bonus, broker duplicate my deposit to 600usd and that was my initial capital. At that time, I thought, if I lost 300usd, not a big deal so let’s give it a shot.
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