Читать книгу Taming the Lion - Richard Farleigh - Страница 10

1.1 Fear the market

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My first ever trading experience was a disaster. In 1984, fresh out of university, I started trading futures in my spare time. Futures can be very risky because of the leverage – whereby a small deposit can give you a large exposure to price moves.

I can’t remember why I was ever tempted into trading, but I do remember the result: over a few months I lost four thousand dollars. It was a lot of money to me, which I couldn’t really afford since, as a trainee, I was earning less than twenty thousand a year.

Taming the Lion

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