brother we can not eliminate emotions from trading , the only way to reduce greed is that you should use low lot size in your trades , if you will use low lot size then you can trade in forex market for long term with this small risk.:)
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i also blown my account three times . once in the start i lost 20 dollars . than i again started and earn 100 dollars . than the next money , by trading in gold that felt down suddenly . i again washed my account . than after this once i lost account when i was trading and greed says me to open more trade .
maiu ne apna account boht dafa gavya hai. keu k main ak trade hu. or mai trade seek raha hu. main damo account ko use kr raha hu. or mai ne is sy boht boht kush seek rahe hu. pa b forex main a jay.
main ne to abhi forex buisness ko new start kiya hai is liye mery sath to abhi tak esa kuch nhi hova next esa ho jaye to kuch kaha nhi ja sakta. but i am very hopeful and careful kay esa na ho.
I drained away my account twice in the beginning of my forex trading career, i had no experience of real time trading and was unaware of actual market movement and i was also lacking in skill and a good strategy.
I never use my investment in forex trading i am new forex trading that why i think i have no good knowledge and experience and skills about forex trading when i will feel that i have good skills then i will invest my own money in forex trading.
I am a new Momber in forex demo account and use my because I am born by experience and I do not have a good knowledge in the field of forex
.... thank you for the forex trading about :)
It happened to me twice when i was a beginner and thought that i will do as good as i did in demo account. I drained away my account by opening too many positions and taking big risks but i quickly realized that it is better to gain little profit than to get heavy loss.
I've pretty much destroy trading accounts that I have. Maybe I still have to learn more in order to avoid losses when trading. Not an easy thing to restore confidence when we've lost that we have a trading account.