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yes definitely this is the only risk in this trade once we earn some money we try to earn some more out of it..... humans never get satisfied out of anything... we should have an idea of the market trend and then bet our money so that we dont loose ...also if you earn some profit all of the earned money should not be kept at a bet only some amount should be kept for bet so that we dont loose all our capital...
Its always recommend to withdraw you profit if you reach 20% profit. This is the way to safe your profits. You may try hard to safe your initial fund but you got lose by some chances. If i trade with bonus, then i withdraw immediately after closing my deals. You use huge risks to make $6 profit from $15 capital fund in 1 hour. You lose your funds by not using MM only.Quote:
Originally Posted by forexman
Sometimes we need a mistake when trading. So that we can make it as experience for success at future .Quote:
Originally Posted by assi
quoting the words of waren buffet
"This business is not business analysis, but this business is about money management so that needs to be underlined is the management of capital."
The important things is we must more wise in managing account
Obviously, you were very greedy. The leverage was definitely not the problem, but the lot size that you used per trade. When you make such profits, you should reduce your lot sizes and always do careful analysis before opening a future trade. Also, if you are not to sure of your strategy or your strategy is too risk, you should withdraw your profits constantly.Quote:
Originally Posted by forexman
har trader ko apna profit time ke stah nikal lena chahiye kyunki forex market ka kuch bhi bharosa nahi hai..kabhi bhi market apka sara paise leke doob sakta hai..forex market ko predict karna bahut mushkil hota hai..isliye tradres ko time time pe a[pne account se apna profit nikal lena chahaiyeQuote:
Originally Posted by dollar
jabse forums aur bonus money internet market me aaya hai tabse traders ko bahut fayda hua hai kyunki forums ke zariye unhe seekhne ko bhi milta hai aur bonus money ke zariye wo trading bhi akr saket ahi bina loss ke..har trader ko forums me part lena chahaiey aur bonus money se trading karni chahiyeQuote:
Originally Posted by dollar
I m also agree with you k profit ko hamesha withdraw kerva lena chahiya and balance ka part bananay nhi dena chahiyay. as profit ap ka reward hai ap ki learning ka and sahi say trading kernay ka. you should use your bonus for making the balance increase. and if you face loss then you should recover it from bonus also. but if you want to increase your capital then do as you wish.
there is no risk on high leverage even if you take 1:1000 your leverage but the risk is in your money management how ever if you have more than what you lose you will survive and you will recover your loss.Quote:
Originally Posted by forexman
the best way is to withdraw always the profit and leave the capital there.if like this maybe within one week your capital will already be double.couse one problem is when ever capital getting bigger then we are taking more risk and getting more aggressive.
Yes this mistake you did is a concequence of greed. Dont be greedy if you have earned smartly. Not withdrawing profits timely is not bad but to do wrong management of your money in your account and excitement is the cause of loss. Only Withdrawing your profit will not save you from loss , you also should have patience.