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16 years trading Igor's biography Part 3


At this moment I was spending a lot of time on forums like strategybuilder.com and the forum here forex-tsd. I knew of myself that I knew a lot more then most of the so called traders or people that wanted to make a living out of trading. I knew that it is the most hard road to walk on. The most impossible job that one can pick up. That one can do very well for several years and suddenly one can loos everything in a matter of days or weeks.
Bit by bit I started to build up a reputation here on forex-tsd and on some other forums. In this way that I knew that many people started to follow me. I had many hits on the topics that I started or the postings that I made. This gave me the final boost or launch in my trading life. I started to realize that I not had only pressure of my friend who sponsored me but also hundreds of people that followed me. And this made me to get my act really and finally together. That was tradin in a NORMAL conservative way. Stick to my systems but don’t get attempted to take to much risk. Making 50% profit is huge compared to Warren Buffet who makes “only” 30% yearly and this for 35 years now and became the 2nd richest person in the world. I said over and over again: forget to make several hundreds percentage of profits because that is always leading to destruction (sooner or later).
It can sound silly but even after all that time I was still learning every day. Not only to trade in a certain way but all the ways how one should not trade. I became on absolute expert in money management , where before I thought that money management is not trading more then 2% risk per trade.
I realized that to stay alive as a trader is to not take to much risk AND don’t place your eggs in one baskets. Trade several pairs. Trade several system. Trade with several brokers. Go for a small but sure yearly profit instead of risking a whole farm but ending up with burning that farm.
Of the several hundreds of people here on forex-tsd, there were people who had serious capital. And from one came to the other. The snowball started to roll and we got in contact with each other. They started to invest also some small money in me. Some of them left me already after a couple of weeks or months because of some normal trading losses I made where they hoped like me before, to only make profit and never make losses. But I did not worry anymore. I knew it was a natural selection between “investing capital” and “risk or casino capital”.
I progressed in such a way that now my best friend is still trading with me (which I want to thank him for very much because he believed in me from the very beginning and because of him I am still a trader) and all of the other people that with the years invested more and bigger capital in me. Also and especially forex-tsd that gave me a forum to make myself public so I could do my thing and give me the opportunity to earn money through trading by teaching developing and helping other people to make money through trading. I survived on giving lessons and having a trading room.
During that same period I continued to develop further and further my systems and placed them in expert advisors that I leased to others and at some point kept for myself because I had enough money that was invested in me.

As I write this I have 1.3Million $ invested in my pamm accounts as an account manager and I am also employed as a trader for an institutional investment company in Eastern-Europe.
One very important thing I know is that I will never get attempted anymore to take to much risk or think that I could get rich in 1 year time. I have months that I don not earn 1 single penny or dime or euro (except my income for the investment company). And I have months that I earn the same amount of money as 10 postmen are earning in Germany. This means that my monthly income is very volatile like the forex can be or that I never know in advance what my income will be. But that is what I want. I could never live with the knowledge how much money I would make every month because that sounds or feels for me like counting the days till I die or that I get my pension.

My investors are very pleased with the return they get on their investment. They get a lot more then on the stock exchanges. And the investment they make with me is not stocks correlated. I still live in my letterbox apartment. I still do not drive a car. But I know that I live from my trading and that this was my quest and ambition from the very beginning. Being a part of the financial world and be smarter then 95% of the financial world. Because 95% of the people who trade need to stop after 3 years. I want to thank the people who believed in me and the people who invested in me. I am glad to be a trader. It is the most difficult job in the world. You need to be more then a shark to survive in this world. Even after several years being profitable one can still stand on a cliff and have the urge to jump from it because you lost everything in your life.
If had the chance to do it all over gain, would I still become a trader ?...That is for me the absolute most difficult question to answer. I really don’t know. It had to give up so much in life to become a trader. I lost 2 beautiful relationships. But it gives me so much satisfaction to be a trader…I live from my trading, I am independent, nobody tells me what to do, I can do my job from anywhere in the world as long if I have an internet connection. And like Confucius pointed me to : I never had the feeling that I worked one day in my life because I love my job as trader enormously. 
So I attempted to say: YES I AM a SUCCESFUL trader. I am making a very nice incomme now. But I would never recommend to someone to become a trader. It is by far THE most difficult difficult thing one can do.
A VERY important detail was that I felt from the very beginning and throughout my whole trading career was that there is the rule that only 5% of the traders can make it as a trader. I told myself from the very beginning that statically I belong to the 95% of the traders that would not make it. Where all the people that I meet on the internet believe from the very beginning that they will be a part of the 5% of traders that will make it.

I make my living as Joe the plumber or the baker, or the lawyer. If they do not have any doubts on being successful then I definitely don’t need to have any doubts on being successful. 

Friendly regards…FXiGoR

source from http://www.forex-tsd.com/success-stories/31586-16-years-trading-my-biography.html