Friends, stay away from Forex – forget about making money. Regardless of your earnings, they eventually take it all back. I'm addressing newcomers and novices, excluding those who are professionals in this field. Never enter trades based on advice from consultants and experts; they're all giving orders to sink you. They made me open a position at 16,707 while the NASDAQ index was falling, and when it hit 16,626, they had me open another position at 0.30. My equity was $2,800, and as NASDAQ kept dropping, they told me to deposit a thousand dollars before the account blew up. I added another thousand when it continued to fall, totaling $4,000 in four days.
NASDAQ dropped to 16,182 and rebounded to 16,910 after the non-farm payroll data, and my account would have been fine. However, this person had me open four 0.10 sell positions at 16,295, 16,290, 16,291, and 16,269, thinking it would drop to 16,000. But, as I said, it turned sharply from 16,232. I suggested closing the sales, stating we were $400 in profit, and waiting for the cost to close, but they didn't listen. Later, as NASDAQ rose, we sold at 0.40 to eliminate losing positions, resulting in significant losses. They said to move the account and sell, and I ended up in a vegetative state from being constantly in front of the screen. I didn't tell my spouse, but she found out, and now we're heading for divorce. I had invested 120,000 lira from cash advances on my credit card, thinking I could recover the account, but it eventually blew up. My situation worsened with cash advance fees and interest; I had no money left, and I was in debt for 170,000 lira. This person has a $100,000 portfolio, earns money every day, and asked me to send him a thousand dollars. I told him I could close the card, but he didn't send a single cent. BAL FX is a complete scam, providing wrong signals, constantly forcing you to deposit money, and dragging you into the swamp. They don't let go until they finish you.
