Moving on swiftly...

So now I don't have capital and I don't even know where to begin. So I pick up my laptop and head to YouTube... I honestly feel a bit discouraged but hey, what's the harm in doing a bit of research.

First I check successful Forex traders stories, and then I head to the learning videos. I watch a bunch of videos and from this, I begin to see some pattern. The South Africans are doing quite well in this business as well as Nigerians. So I get to Facebook and look to make a few friends from South Africa, who have some Forex Trading materials on their profiles. Keep in mind I don't know this people, but I am willing to speak to them just to understand how I should navigate in this industry. I google a few names and send friend requests. Some try to sell me signals while other actually help me.

Within a month, I have learnt a few new things and I start seeing what mistakes I had done earlier. I get back to demo and start trading again.

The thing is, with demo trading, you let the trades run because it's not your money. This doesn't drain emotionally and you actually make profits.

So I get back to the real market with a small capital, only to loose it within a week. What mistakes did I make?

1. I got over confident.

2. I held on to loosing trades thinking they would get to my direction later.

3. I started thinking I knew where the market is headed.

4. I got greedy.

5. I did not control my emotions.

So what next?