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Desperate Young Man's Pledge
Hi all,
My name is Brandon Tan and i am currently a 28 years old guy who resides in a southeast asia country named Malaysia. If you have the time to share with me, I am writing here a short personal story of mine to turn my life upside down. As of May 2010, I have incurred a loss of over $100k+ in a business named foreign exchange (FOREX). Yes, i trade foreign exchange currency online and i am mainly doing the euro dollars exchange. If you ask me where did i come up with all those money, i have to tell you i was doing online business myself and earned an average $10-15k income monthly when i was 22 years old for few years time. Considering the income level of this, it is considered above average for anyone resides in my country. In fact, i think it's even above average for anyone resides in any country in the world. Anyways, long story short, i lost interest in that previous job and started working full time on this new business named Foreign Exchange. As the same of everyone else, i was lured into this business by it's "Get Rich Quick" mindset. I saw great business opprtunities in this field but bless me, was i wrong. I found out that this buisness is not as easy as it seems. Many call it gambling. Some call it investment. Few call it speculation. Different people have different ways of saying. I searched through the internet to find out ways to succeed in this field. After all, i was doing great earlier on my online buisness because i learnt everything by myself. I thought it's the same for this buisness. I lurked through forums, websites, blogs and articles looking for proven systems, sound-proof money management skills, etc. But life has its downturn. The time i get invovled in forex, i have not had a single positive month for over few years. I learn my lesson the hard way though. I was slowly getting better and losing lesser and lesser each month. My risk was managed properly and i make lesser mistakes now compared to the beginning of my career. After all, it was already 5 years since i got invovled in forex. I thought i was on my way to financial freedom. But deep down inside, i knew there was still something wrong with me. I was too greedy and i still could not control my emotions well when i incur losses. I still think this is a get rich quick scheme where i can get millions in short time. On the 3th of May, i made a pretty bad mistake where i did not cut off a position holding the euro longs and the euro crisis comes down hard on me. I lost everything in few weeks time. This happens all because i did not control my emotions well and let small losses incur to big ones. Luckily for me, i do not have much debts. I was only using my own money to trade and i could afford to lose them all. It hurts a lot though. Considering the good income level i earned previously and all the promises i have made to my family and friends about how i could make it in this field no matter what they say. I am here asking one more chance to get back into this buisness. I have not given up on this business but i am currently a very very broke man. My bank account statement shows that i have not over a hundred dollars left. All my friends told me to take a rest. Get a steady job maybe. Go help out my friend's buisness maybe. But i know that once i started working for another job, i won't get back into this forex field. I have given this much though carefully of what i wanted to do in my future and here is what i want. I want to be a successful forex trader. The 5% of them who made it in this field. In humble, i am asking to raise a fund of $3.5k to help me get back into business. Here is my plan. I am currently $2.5k in debts. I have to pay off them urgently. I need another extra $1k to invest back into forex. So a total of $3.5k or more is needed. If my target is reached, i will be very grateful and i promised that every dollars donated will get a 10-15% increase in one years time. For example, if someone donated $100, i will promise to pay him/her back $110-150+ in one years time. I know this might sound like a big fat lie especially over the internet. But in good faith, considered me here to tell the truth as i am desperately in a hole here and i need someone to pull me up. Any amount is appreciated. I hope to raise the fund in one weeks time as i cannot drag my debts further longer. So, to end this desperate stroy of mine, i am asking anyone who is reading this to do me a favor. There is a donate button at the bottom of the page. Or you can send me the donations via email at Desperate Young Man, Brandon Tan |