I am a 30 year old currency trader and I have hit rock bottom.
I came with plenty but after two years of full-time trading my capital is down to the scrapings. Dormant savings and trading accounts have been closed and all the funds gathered to one place. This is my last shot. I have £3500 left in the pot. That is all; from so much to so little. It really is quite depressing.
I have imposed deadline on myself of 6 months (end April 2007). If I fail to recoup my original balance by the end of this time I will resign to the world of grey suits. Afterall, as P.G Wodehouses’s character ‘Picadilly Jim’ says: ‘Duty! There comes a time in the life of every man when he must chose between what is pleasant and what is right.’
This blog will be updated with trading results, thoughts and reflections on weekly basis (at a minimum).