Alan Solarsh lost 80% of his one million rand Forex account when his automated trading robot failed. Driving to Durban, he watched his MetaTrader 4 account turn red and realized he'd been gambling, not trading. He later built a better system and now sells it to help others avoid the same disaster.
One million rand.
About 80% drawdown.
MetaTrader 4.
I want to tell you a story that maybe you can relate to. Ten years ago, I'm traveling down to Durban with my wife to go and promote her hair care products at an exhibition. Her products that she manufactures. Super excited about the trip. I'm so proud of my wife for what she's created. So we get in the car. I've made a cooler box and picnic with boiled eggs, as you do in South Africa. And on the boiled eggs, I've written beautiful messages to my wife. I'm so proud of you. I love you. You got this. You're amazing. And we're off to Durban. So we're driving to Durban and when we get to halfway Mark Harry Smith. I glance over to my MetaTrader 4 and I am trading with a robot and all I can see is a river of red. My drawdown is about 80%. I feel sick to my stomach. I'm freaking out. My stomach has landed in my throat and my heart has landed in my mouth. I got pale. I don't say anything to my wife. We carry on driving. My wife says, what's wrong with you? You're very quiet and you can't pay. Is something wrong? I said, there is actually something wrong. I said, we're about to blow our Forex account that has a million rand in it. Yes, you heard it correctly, a million rand. So at that stage, I wasn't trading, I was gambling. That was my first lesson. So she takes the phone and she says, isn't there anything that we can do? Can't we place a trade that is going to stop the hemorrhaging? So this is my first stint in trading. I don't understand what she's saying because I'm freaking out. And it took me a few years to work out exactly what she was saying because she sparked in me a question. How do I stop blowing accounts? Because I kept on blowing accounts. When I blew that money, you can imagine how I felt. Embarrassed, ashamed. I had shattered out dreams of early retirement where we thought that we were going to collapse time frames and be able to travel the world, go to exotic beaches, etc. That dream gone. So over the next couple of years, I learned a secret that is not taught very often. And it's very difficult to get the information. This is a skill that I had to learn. I had to manually trade and work out exactly how to never blow a Forex account again. And I took that skill and I automated it into my robot. And now I'm offering this product to the public where you have the ability to never blow a Forex account ever again. Imagine that you're able to open trades and leave those trades open overnight. You're also able to open the trades and walk away from the screen. There's nothing worse than being hostage to your screen, hostage to the markets where you have to stare at your screen all day because you're afraid that if you walk away, you're going to either blow your account, the trades going, the market's going to turn against you, and you're going to land up in trouble with a high drawdown. So I've corrected this. I've solved the problem. So if you're interested, and I've sparked some sort of interest in you, and you're excited about what you're hearing, carry on listening, Carry on watching the next videos. I'm sure you're going to love it, and I'll see you on my next videos. Cheers.
Double bottom forming - Gold ready for $4000 #trading #technicalanalysis #xauusd
