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In December 2005 I blew over One Million Dollars on the Forex market and was slapped with a Million Dollar Fine...
Read this true story very carefully, before you consider your Forex future...
My name is James de Wet,
You may have heard of me before. If not, all you need to do is to Google my name to be certain what I am telling you is 100% true.
I appreciate you reading this far, and I hope you enjoyed the free Forex video I sent you when you opted in.
What follows here is a summary of my own shocking true story (The detail is told in the member's video section)
My financial and lifestyle dream was about to be realised...
I was introduced to the Forex in the summer of the year 2000, by a good friend. I knew this was perfect for me. It offered the opportunity to leave my international consulting job, which took me away from my family for months at a time. At the same time it offered me financial freedom, and the opportunity to make as much money as I pleased, and to work whenever I felt like it.
I was already mentally planning to travel on vacation with my wife and three children,
trading wherever in the world I pleased. Perhaps in a hotel penthouse, on the beach
in the Caribbean, or at the pool-
It all came together for me....
Oddly enough, I prospered. This may have been due to my background in applied mathematics, or just pure luck. Within 12 months, I was trading and making money for other people and teaching seminars on Forex strategy, charging top dollar for my "expertise"
I was starting to live my dream and I knew I had a bright future ahead.
Money was soon pouring into my managed fund accounts, and I had a hard time keeping up with the paperwork for new clients. By 2004, my client Forex accounts hit 1 million dollars...then 2 million dollars...then over three million dollars. I had several hundred thousand dollars building up in my personal account.
I was making money. Lot's of it.
I was invincible!
I knew I couldn't fail. I was unstoppable. A Forex genius.
I was sending out my daily trading tips to thousands of people. They all loved me. I was traveling the world to meet new clients and living the high life. Forex brokers offered me first class trips to New York City to offer me business deals. I was the largest fund manager at my New York broker, and growing daily..
I was so clever.
My trading was reckless but it was making money. In my mind, I began to control the
market, and it was impossible for me to lose. How could I? I was betting against
the U.S Dollar, and it was on a one-
I was even employed by a large European bank, and other hedge funds to trade for them. As I said...UNSTOPPABLE.
It took five months for me to lose everything
I am not going to go into detail in this letter, but it's true.
It took me five months to destroy everything I had built up over five years. Trading
is like that for most people who crash. My Forex fund accounts dropped like a stone
from over four million dollars...to three million dollars...to two million dollars
and lower. I had several margin calls and had to inject capital into the trading
accounts just to keep my open positions alive. Clients pulled their accounts from
me in a never-
I remember times when I lay awake all night desperately watching the screens, hoping
for a reversal as the Euro and Pound began to collapse -
Mercifully, I was able to recover all but a million dollar loss before the U.S authorities finally froze my client's accounts.
It was over.
Over a million dollars had evaporated into thin air, my own trading account was gone, my Forex future was finished, and I had over three hundred clients on my conscience.
I walked into my garden and vomited into the flower bed.
There was worse to come...
My computer was seized by forensic software experts and the U.S authority lodged
a complaint with the Federal court. The result -
This was the final blow, which threatened my mental health, my family, my friendships and my future livelihood.
Payback time...
The rest of the story has a very happy ending. It's now four years later, and I have been blessed. (More about that inside the club)
I am busy arranging to pay back every last cent to the clients who lost money through the dark months in 2005 (plus my fine). I also managed to pay back over $200,000 to individual clients directly. I am paying my dues and clearing my conscience.
Trading is going extremely well, and my "giving something back" to Forex traders through this site is incredibly satisfying. I have written several Forex books and developed 3 proven Forex systems.
Finally, 5% of every dollar earned from this website is going back to charities in
Africa, to buy life-
http://www.touchafrica.info/2008projects.php
What has this got to do with you?
Nothing at all. I got what I deserved.
But, after having been through the severest of Forex trading lessons, I have come
out better, stronger, more street-
AND...the mistakes I made during those dreadful times are exactly the same mistakes that every single trader will make at some time in their trading career. While a tiny percentage of traders will recover from the mistakes, the huge majority will lose their entire trading accounts, and probably their trading futures.
Listen to me....
There are 6 critical mistakes you are almost certain to make in your Forex trading.
Critical is a carefully chosen word. This is what it means:
"...of decisive importance with respect to the outcome"
In other words, the entire future of your trading career depends on knowing and applying this stuff.
Whether you believe me or not, the same downfall is probably just around the corner for you unless you act to prevent it from happening.
Perhaps it has already happened to you? (quite likely if you have been trading for a few months) Read on, because there is HOPE.
Can you imagine:
Losing your trading account due to massive losses?
Wondering how you are ever going to recover your money?
Facing yourself, family and friends with the truth?
Losing the opportunity to live your dream?
Having to face working another 5...10...20 years for someone else?
Horrible to even think about, isn't it?
I assume what you want is an exciting and profitable way to make money from the Forex
in the comfort of your own home. To spend more time on the important things in life
-
Have you ever been in just one of these situations?
You would love to learn Forex, but don't know where to start...
You don't have a good Forex trading system which brings a steady profit, and have been looking for one for months, or even years...
You are frozen by the fear of loss each time you want to make a trade...
You seem to take on too much risk each time you trade, but you aren't sure how to make money fast with much lower risk...
You make the same mistakes over and over again...
You have tried all the so called "miracle trading systems" out there, but none of them has worked...
You have spent thousands of dollars on useless books and trading systems...
You have lost your trading account due to a margin call (or maybe even several accounts)...
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