View Full Version : how many times did you blow your account or wipe out ??
Pages :
[
1]
2
3
4
5
6
7
8
9
james
2011-10-13, 08:58 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
speedy
2011-10-13, 10:30 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
I have done this job about 4-5 times but every time when I did it I learned a new lesson. Now I am more careful in trading and try to trade with small lot size. If we follow the forex rules then we can avoid getting MC again and again.
forextiger
2011-10-13, 10:32 PM
good question accounts will blow again and again until we learn from mistakes and failures , more over one should strict to money management lot size should depend on type of a/cs we open...
Jazpa
2011-11-05, 09:33 AM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
It has been same with me too. I have been wiped out 3 times during my trades. I lost all my money then. I was really stupid not to close the trade when the trends were moving against me so vigorously. But now I have recovered that loss and I am never making that mistake again.
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
i blow my trading account one time when i was just come in forex..
that is give me good experienc and i feel the value of money management.
now i always trade under money management..my returns are less but my account will safe.
sanjeev
2011-11-16, 06:58 PM
भारतीय सैन्य अकादमी begginner और मैं 60 के आसपास खो दिया है, दो पारियों में $ मतलब है कि मैं इन विफलता से मेरे खाते दो times.But उड़ा दिया मैं चीजें हैं जो मुझे भविष्य में मदद मिलेगी की बहुत कुछ सीख
mayengbam
2011-12-02, 08:27 PM
i have lost'my'accounts minimum five times i guessd, the first one for using large lot size and it was when i had any knowledge about the lot size and MC, others for holding on the losing trades and not fixing a sl target.
i lost my trading account one time..
greed and crossing money management rules are very dangerous.. due to these factor i will lost my account.
if my greed was in money management then may be i will save my account but my greed is out of my managements so i will lost my account.
aniket
2011-12-22, 09:18 PM
good question accounts will blow again and again until we learn from mistakes and failures , more over one should strict to money management lot size should depend on type of a/cs we open...
THE ACE
2011-12-22, 09:42 PM
1 time before , i got a blow off of my account of 100$ that i invested in my instaforex account . after that i reduced my lot size and learned to put stop loss in my trades . after that i never get a such big blow and always try to make little profits with respect to my investments.
these things mostly happen in many beginners and they did just because they think they will get much money in less time so they open the trades with big lot sizes and they got nothing but loss to their accounts.i have lost five accounts because not using take profit and stop loss.
yogesh
2011-12-22, 11:31 PM
Short term or intraday traders use high leverage often and expect to get very high profit, equally their trade have to face risk, if entire margin is used there are good chances of blowing account in volatile market conditions, i some time dont use stop loss especially when i feel i shall lose more than 60% capital if stop loss is triggered so why not take little more risk of blowing account or increase more chances of returning in profit, so i burnt my account several times already.
ali1011
2011-12-23, 11:21 AM
mera account taqreeban 2 bar bellow hova hy or mujhy first time 80$ or second bar 53$ ka loss hova pr is me mujhy experince gain hova or ab me ney sekha hy k greed control karni .
sarwars
2011-12-23, 11:53 AM
Yes i guessd the first one for using large lot size and it was when i had any knowledge about the lot size and MC others for holding on the losing trades and not fixing a is target and they will get much money in less time so they open the trades with big lot sizes and they got nothing but loss to their accounts.
furiya
2011-12-24, 11:50 PM
I have done this job about 4-5 times but every time when I did it I learned a new lesson. Now I am more careful in trading and try to trade with small lot size. If we follow the forex rules then we can avoid getting MC again and again.
nikam
2011-12-26, 05:21 PM
It has been same with me too. I have been wiped out 3 times during my trades. I lost all my money then. I was really stupid not to close the trade when the trends were moving against me so vigorously. But now I have recovered that loss and I am never making that mistake again.
i have lost about $150 in two accounts.one account lost by entering the large lot sizes.another account lost by wait for getting too much profit from small equity and it gives huge loss to me.after these,i correcting my mistakes and develop own strategy for current trends.now i got acceptable profit by my own analysis.
sambilngopi
2011-12-27, 12:50 AM
i lost my 2 account in 2 months; lol
first account i cannot control my emotion so i bid in huge lot to gain big profit, its work but i dont close it, i wait until it get bigger profit, in fact market movement are back and waiting so long to get it back but until MC it not back :(
second time i forget to close my open order and when next day i want to trade its gonna MC. how stupid i am.
adahidayat
2011-12-27, 02:24 AM
i think that it is common for newbies and some traders who are new at forex trading that they will blow up their account...so if i talk about my account, i have blown up my account for more than 10 times...so even i do not count that how many times i have blown up my account....main reason is to get greedy and to over trade....
dweet
2011-12-27, 02:26 PM
i think that it is common for newbies and some traders who are new at forex trading that they will blow up their account...so if i talk about my account, i have blown up my account for more than 10 times...so even i do not count that how many times i have blown up my account....main reason is to get greedy and to over trade....
We are on the same boat. I have blown several account but overall I'm still making some money. Based on my experience we have to withdraw some of our capital and profits regularly so that if market suddenly make a sharp movement against our positions, we still have some profits in our bank account.
dmambi
2011-12-28, 06:16 AM
Well i blowwed my trading account only once in my 10 months of Forex trading and lost around $350 in that instant. This happened to me because of my overconfidence in my analysis in silver trading.
shidadon
2011-12-28, 10:35 AM
ma jb sa trading kar raha ho .two times mera account bilkul empty howa hai or ya meri mistakes ki wajha sa hota tha lakin jb bi mujhat nuksan hota main es sa kuch na kuch zaror seekhta or dobara jb ma trading start karta tu ma us galti ko avoid karenay ki koshish karta.
Nice topic starts ever by you dear, Now i am gaining the profit but its not in the earlier days of my trading as i am a newbie i lost extreme that there is only $ 0.01 left in my account more then 3 times
aadrika
2011-12-31, 11:04 PM
Every physical forex trader has blown his account at one time or the other. How many times your blow your forex trading account is not really the issue. The issue is did you learn anything from your blow account? That is where the real value is - the lesson learned from the margin call.
atif58
2012-01-01, 12:01 PM
It happened to me only once, when i was new in Forex. The main reason was my greed, i used a bigger lot size and market went against. My capital was very small i.e; 100$. They instantly vanished before my eyes. But it gives me a lesson that " never trade without money management , and dont be greedy " .
siberian
2012-01-01, 12:35 PM
There are many time i have blown off account due to not using proper money management and mostly traders lose due to greed of making more and more profits.
If you have used good money management then you won't lose your account. Margin Call is happening because you
can't trade with following good money management which you made. If there is good money management then you won't
lose more than you can afford to lose.
da2ng1
2012-01-01, 03:18 PM
i blowout my trading first time is three time, first time when i learn about forex trading, second when i have and got welcome bonus no deposit required and third, when i have bonust post from forum.
i blow my account once and once i will near to again blow condition but due to my luck i will save it form margin call and blowing.
when i was near to margin call then i will open new trade with triple lot size in hedging.
if my luck is good than i will save otherwise not. but in short if we play money management in a good way then we can not loss our account.
maliknas
2012-01-01, 11:16 PM
Yes, I hit my account once and I received a margin call
The reason for this is I opened the package in more than one time I think they were 4 deals did not use stop loss and buy all of the transactions and it was all lost so much lost time
Therefore I advise management of money good
I have also blown off my account only once and I have lost my real deposit of $18 that I have purchased from a friend. But after losing I have heard a good news that I can get bonus for posting at this forum and I can recover all my losses because profit can be withdrawn if I get any profit by using that bonus for trading.
cumil
2012-01-01, 11:32 PM
I have also blown off my account only once and I have lost my real deposit of $18 that I have purchased from a friend. But after losing I have heard a good news that I can get bonus for posting at this forum and I can recover all my losses because profit can be withdrawn if I get any profit by using that bonus for trading.
Blow the account certainly felt many traders therefore we must be ready to accept defeat, but that does not mean we do not do anything and let we lose, because losing and winning is reasonable
often the case that losing is not always going to keep losing and winning is not always going to keep winning, be ready to accept defeat and prepare for the worst that we will face in order not easy to become discouraged and steadfast face a variety of obstacles, the stoic is one who will quickly rise after a failure, but the people who do not want to accept defeat is the one who will always be dropped without any improvement,
The account has blown, but I hope with that experience that we can take lessons
metroearn
2012-01-02, 11:39 AM
right. this is the 2nd time my account bowled . 1st time i lost and 2nd time i repeated my previous mistake again and thats why i lost money 2nd again. And thanks all of you to give us some good trips. promise , i will never repeat my mistake again.
siberian
2012-01-02, 01:34 PM
right. this is the 2nd time my account bowled . 1st time i lost and 2nd time i repeated my previous mistake again and thats why i lost money 2nd again. And thanks all of you to give us some good trips. promise , i will never repeat my mistake again.
It's important to know what is your mistakes so you won't repeat similiar mistakes again in the future especially it made you
suffer Margin Call. If you had good money management then you could prevent Margin Call in a transaction. That's the importance
of good money management.
I have blown my account so many times that I have lost count,but I guess its the process of learning and no one succeeds without some tough time,not unless an angel. I have learnt from from all the blowing off my account and I tell you some mistakes I made were just pure luck of reasoning,poor money management and greed. I just stand to have my well traded account,growing steadly but sure and I need to make it these year so greed and fear,long gone.
metroearn
2012-01-15, 04:10 PM
It's important to know what is your mistakes so you won't repeat similiar mistakes again in the future especially it made you
suffer Margin Call. If you had good money management then you could prevent Margin Call in a transaction. That's the importance
of good money management.
why this is impossible to know what was our previous mistake ? let me tell you what was: i took more than 20% risk against my balance. but when i saw my trade going in loss i was crazy and took more risk and order too many position and that is the bad habits. maximum people are losing money for the same mistake.
muhammadatif
2012-01-17, 04:33 PM
I am new trader and I have lost my 63-US$ in 4 times and I want to tell the reason, I have lost my all money due to my greed and uncontrolled emotions.
fxquest
2012-01-19, 10:59 PM
I dont think we should let our account blow due to short margin, either we should use such a low leverage that we can manage to keep our account away of margin call, or we should use stop loss tool always so that our trade stops if it start going opposite to our prediction.
sangam
2012-01-20, 12:02 AM
I dont think we should let our account blow due to short margin, either we should use such a low leverage that we can manage to keep our account away of margin call, or we should use stop loss tool always so that our trade stops if it start going opposite to our prediction.
i have learn the trades from the loss and i have no hesitation in saying that i have blown the account many times. And the best thing that i have got to learn is the effective use of the money management which gives me good control also over the trading funds.
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
I have blown my IFX forex account a number of times, but that was when i broke all forex rules and trade any way that i like. I think i have blown an account about 4 different times.
sonia
2012-01-25, 10:47 PM
i have blow my accounts for 3 times since joining. after that, from last 2 months i have make some profit and happy with current account. i loos my account mainly because of lack of practice and lack of knowledge on Forex.o, do more practice, otherwise you will loose your account like me.happy trading
dragon
2012-01-26, 12:28 AM
i have blow my accounts for 3 times since joining. after that, from last 2 months i have make some profit and happy with current account. i loos my account mainly because of lack of practice and lack of knowledge on Forex.o, do more practice, otherwise you will loose your account like me.happy trading
I think you should learn from your mistakes which you've made that cause your account has lost 3 times. If you didn't make
same mistakes, then you could learn from three mistakes that could make you suffer Margin Call. The most important thing
to prevent Margin Call is money management.
sangam
2012-01-29, 03:56 PM
i lost my trading account one time..
greed and crossing money management rules are very dangerous.. due to these factor i will lost my account.
if my greed was in money management then may be i will save my account but my greed is out of my managements so i will lost my account.
New traders are the ones who suffer from multiple margin calls in their trading accounts. And they have to think about how they are going to deal with this situation and also the fact that most of the times they are really not following the rules of Forex trading and effective money management.
1 time before , i got a blow off of my account of 100$ that i invested in my instaforex account . after that i reduced my lot size and learned to put stop loss in my trades . after that i never get a such big blow and always try to make little profits with respect to my investments.
pooja
2012-02-05, 03:48 PM
I have blown my account only once in my forex trading with live account. Then I traded the 1$ lot size on a $45 account and I made good profits but then I blew the account when I left a bad trade to run.
mera account taqreeban 2 bar bellow hova hy or mujhy first time 80$ or second bar 53$ ka loss hova pr is me mujhy experince gain hova or ab me ney sekha hy k greed control karni .
nilesh
2012-02-06, 06:39 PM
It happened to me only once, when i was new in Forex. The main reason was my greed, i used a bigger lot size and market went against. My capital was very small i.e; 100$. They instantly vanished before my eyes. But it gives me a lesson that " never trade without money management , and dont be greedy " .
pooja
2012-02-08, 12:43 PM
I have blown my account many times now and honestly now i even do not remember how many times I have blown my account.I think every trader faces this situation and most of the successful traders must have faced the same thing I believe.
mohamedsaleh
2012-02-15, 02:58 PM
i lost many accounts i think it was 4 times but i really get benefit from it i learned what was my mistakes and adjust it so i do not fall for the same mistake .i think after you trade a lot in demo accounts you may get experience from it and your mistakes will not be costly
an advice fro new traders try to see what old traders do while they trade it will be helpful for you
I had twice to remove my account and start again with a new account. I hope there will be a change from the past mistakes, still learning to use a mini account and now make use of the standard account.
donofforex
2012-02-15, 05:45 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
heheh main to gi 3 month se yahan houn or main ne 2 times apna money lose kiya ha forex main kioun k mugh ko pata nahi tha es barey main ziyada to esi liye margin level low howa or sari money lose ho gai main ab kafi care karta houn money lose hone ka dar to hota ha par phr bhi main kafi kiyal karta houn
panicky
2012-02-15, 05:55 PM
In the demo account, I wipe out up to 5 times. when I still need to learn a lot and busy looking for a way good strategy. is the first time a lot of mistakes in trading errors. however, when a lot of reading the information, finally can minimize these errors. now dare to play with a live account.
Susti
2012-02-15, 07:40 PM
I blew about 5 accounts allready. Most of them due to greed and wanting to cover my losses. Guess I learned to take the loss in stride the hard way, so now I don't try to get it back fast, I just analyse the market more and move on.
But yes I think this is really normal in forex, everyone blows their first and their second account. And if they don't they were probably trading in a demo account for a couple of months
pravi
2012-02-15, 08:36 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
Never blown an account. I have closed account an opened another due lack of knowledge and by doing certain undesirable things. I believed its allowed i have used the same details. will i get a banned notice after i actually start trading?
Susti
2012-02-15, 09:56 PM
Never blown an account. I have closed account an opened another due lack of knowledge and by doing certain undesirable things. I believed its allowed i have used the same details. will i get a banned notice after i actually start trading?
I don't think that should cause a problem. Most of the brokers allow you to have multiple account anyway, but if you are not sure just contact support (most of the brokers have live chat support anyway). It is better to ask and be told then for your account to get closed because you didn't know. But like I said it shouldn't be a problem
xiaotanghao
2012-02-15, 10:19 PM
For me,I have blowed out my account forex three times.The fisrt time was my account in marketvia,which I just lose $5 there.The last two was my account in instaforex.Though I have lost my account there,I think I have learn more from that.I know I should control my emotions better.I know I should not trade over and over again during my lose.there are still more should be learned in the future.
newentry
2012-02-15, 10:43 PM
i forgot for it, but for the first years i traded, i often got margin call and then i blew up my account,..., yes this was my heavy experiences that i had to accept some losing and almost make me got frustration and leaved this business, now i see that forex is a beautiful business after i can master one of many strategies and make it profitable
pravi
2012-02-15, 10:48 PM
Yeah i know that they provide us with multiple accounts. But will they allow with the same details? By the way i havnt done anything with the old accounts. Its left as such. I not sure whether it can be deleted. Have anyone tried deleting the account? If yes please tell the procedure.
rosalia
2012-02-15, 11:06 PM
It's not big deal how many times we have blown out our account because it has happened. The most important is learning
from our mistakes and in the future, we always setted good risk management in any situations in the market so we won't
lose more than we could accept in each transaction.
fxquest
2012-02-19, 06:53 PM
For last months post i got the bonus and that is still intact, two days before i had some many trades open and gold prices slipped down to 1704$ only little away of blowing my account i was threaten if price slip to 1690 all my trades were going to close, so as soon as it move above 1720 i closed most of my trades and now have few trades open using only 33% of available margin.
m3x_19
2012-02-19, 07:46 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining ......so share your views brothers and sister
Hey we are same friend, i did 3 times of margin call. In my point of view that's all because i was too dumb to follow other signal than my own analysis, and that blow was really irriatating, because the price was moving according to my analysis instead pf the signal.
dmambi
2012-02-20, 05:25 PM
I have blown my account only once and now i am trading with my second account. The first account i lost because of my fault of not setting stop loss for my sell orders in silver thinking that it's price will not fall within a day around 500 pips, but it did so and blew my account.
Abdomhadi
2012-02-26, 02:28 AM
yes we all can experience this problem so it must be very careful because all your work will be banner and that is that is pa prfrable.Donc to avoid all actions of account deletion you have these qu'aplliquez rules:
do not post the same topic
not have multiple accounts and use them in the same computer
not thank you post ...... Etc.
ishvara
2012-02-26, 03:42 AM
Big lots sizes would never help any trader, it wipes our accounts. I have wiped my account a number of times and now i trade better because i know my reasons for losses and i am working towards eliminating it.
It is very painful for blow account. I also blow few account it was very hard to digest.
I then realize i dont follow my rules properly then my account blow.
So everyone should follow there rules perfectly.
ishvara
2012-02-26, 03:40 PM
It is very painful for blow account. I also blow few account it was very hard to digest.
I then realize i dont follow my rules properly then my account blow.
So everyone should follow there rules perfectly.
Hahahahah, i understand what you mean by not being able to digest the fat that we have lost all our investments. With time we would get over it. It is all about experience and trading development.
krishan
2012-02-29, 07:06 PM
I have done this job about 4-5 times but every time when I did it I learned a new lesson. Now I am more careful in trading and try to trade with small lot size. If we follow the forex rules then we can avoid getting MC again and again.
krishan
2012-02-29, 07:31 PM
It happened to me only once, when i was new in Forex. The main reason was my greed, i used a bigger lot size and market went against. My capital was very small i.e; 100$. They instantly vanished before my eyes. But it gives me a lesson that " never trade without money management , and dont be greedy "
chetan
2012-03-10, 05:58 PM
Short term or intraday traders use high leverage often and expect to get very high profit, equally their trade have to face risk, if entire margin is used there are good chances of blowing account in volatile market conditions, i some time dont use stop loss especially when i feel i shall lose more than 60% capital if stop loss is triggered so why not take little more risk of blowing account or increase more chances of returning in profit, so i burnt my account several times already.
netra
2012-03-11, 07:09 PM
i m a begginner and i have lost around 60$ in two shifts means i have blown my account two times.But from these failure i learn lot of things which will help me in future
netra
2012-03-13, 07:20 PM
I have done this job about 4-5 times but every time when I did it I learned a new lesson. Now I am more careful in trading and try to trade with small lot size. If we follow the forex rules then we can avoid getting MC again and again.
vicky
2012-03-13, 08:27 PM
I blown my account probably more 5 times but never it was big amount . anyway its give me much experience and with that experience now today i know some about forex and now knowing how to save account from unexpected washout . actually its need experience to learn forex more.
tajdarbet
2012-03-13, 10:02 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
heheheh ye to gi mere sath ka dafa ho chuka ha par abb main ne forex trade karne ka tareeqa seekh liya ha or ab kafi din ho gaye hane main ne margin call rsvd nahi ki ha ab kafi had tak experince wala trader houn gaya houn main ne koi 5 ye 8 dafa margin call rsvd ki hane
I blown my account probably more 5 times but never it was big amount . anyway its give me much experience and with that experience now today i know some about forex and now knowing how to save account from unexpected washout . actually its need experience to learn forex more.
It's okay to lose many times in forex until you experienced Margin Call but you must learn from your mistakes which made
you lost your account so you can trade better in the future. Evaluation is important so your next trading will be better than
today and you could gain more profits.
rajesh
2012-03-14, 03:15 PM
I have blown my account only once in my forex trading with live account. Then I traded the 1$ lot size on a $45 account and I made good profits but then I blew the account when I left a bad trade to run.
deathzz
2012-03-16, 07:05 PM
I think I've destroyed quite a lot of trading account that I have,,,
but I think it is a natural thing in the search for identity as a trader, and besides, I never fill my trading account with a lot of money, I only use a reasonable amount of money for my trading account.
ezincenter
2012-03-16, 07:59 PM
nearly every two months I lose all my money but after that I esarn again and lose and so on, but I found that the change of the strategies is the main problem for me, right now I am developing my own strategy which I will never change it.
twinkling star
2012-03-16, 11:27 PM
I have blow my account for 2 times,in my 2 months of trading live, 1st was blowed just because of news trading without experience and using the big lot size and for second time I did not use stop loss and trend change its direction, so I lost my account then.
andhwrey
2012-03-17, 05:19 AM
I tell you about my total loss,is about 1500usd for money and 7cost for learning and until now i didnt makes anythings,how stupid i'm are
i didnt cant say i cant makes profit,but most mistakes are i do overtrades and oversizing and risking too many without realistic targets.
ermaniso2011
2012-03-17, 07:58 AM
l have blowe my account so many times and it is all cause of not using stoploose and not accepting loosing.and some times cause of over leverage and buying big lots.so these are the common mistakes of the newbies and unfortunately most of us still insisting to repeat the same mistakes.as long as we can follow the main rules of the trading then we will not experience loosing all of ou capital.
raka999
2012-03-17, 08:14 AM
nearly every two months I lose all my money but after that I esarn again and lose and so on, but I found that the change of the strategies is the main problem for me, right now I am developing my own strategy which I will never change it.
the majority of beginer , like me, always relying on other traders' strategies which I think is more experienced. but, I can only losses. because not all strategies can be fit with my style. I think the strategy own is better than follow others.
lights
2012-03-17, 09:27 AM
My experience is probably 3 times since I was trading in forex. My mistake that I often do is use a lot is too large and open positions without an accurate analysis and strategy. I need to fix this so as not to run Margin Call again
My experience is probably 3 times since I was trading in forex. My mistake that I often do is use a lot is too large and open positions without an accurate analysis and strategy. I need to fix this so as not to run Margin Call again
It is stilll normal if you blown your account 3 times as long as it is not 3 times in a row to experience Margin Call and you faced
Margin Call in short time. How many times to lose in forex or losses all of your funds, it won't determine your successful but it's
all depending on your confidency in forex trading.
irfan
2012-03-17, 05:20 PM
So far I am trading in a demo account because I have very little practical experience in forex trading but I have blown my demo account for almost 3-4 times. I am trading in a demo account very seriously and my target is to learn trading for about 3-4 months in a demo account.
theboy2226
2012-03-18, 04:39 PM
so far i did blow 6 accounts but that was like 5 month ago when i was still a beginner but now i think i will never blow an account because i have much more experience than before .but i think every trader did blow at least one account when he was a newbie it is normal but the most important thing is that you learn from your loss
yogesh
2012-03-19, 01:02 AM
Yun to pehle bhi kai bar mera account stop ho chuka hai, lekin har bar maine apni capital ke kareeb ya fir usse jyada profit pehle hi withdraw kar liya hota hai, lekin isbar sir ek bar profit withdraw kiya vo bhi 10% se kam aur market me badi volatility mere account to saf kar gai, yeh bhi open trades ke karan nahi balki kuch purane pending trades execute ho gaye.
aryan
2012-03-22, 12:57 PM
Blow the account certainly felt many traders therefore we must be ready to accept defeat, but that does not mean we do not do anything and let we lose, because losing and winning is reasonable
mera account taqreeban 2 bar bellow hova hy or mujhy first time 80$ or second bar 53$ ka loss hova pr is me mujhy experince gain hova or ab me ney sekha hy k greed control karni .
rakesh
2012-03-25, 04:43 PM
There are many time i have blown off account due to not using proper money management and mostly traders lose due to greed of making more and more profits.
rakesh
2012-03-26, 12:22 PM
i forgot for it, but for the first years i traded, i often got margin call and then i blew up my account,..., yes this was my heavy experiences that i had to accept some losing and almost make me got frustration and leaved this business, now i see that forex is a beautiful business after i can master one of many strategies and make it profitable
I never blown any real trading account but yes in demo account trading,it happened to me sometimes as i was little casual and careless.
but as time passes by,experience grows and me gained confident - now i learned the money management trick.
I dont think we should let our account blow due to short margin, either we should use such a low leverage that we can manage to keep our account away of margin call, or we should use stop loss tool always so that our trade stops if it start going opposite to our prediction.
For last months post i got the bonus and that is still intact, two days before i had some many trades open and gold prices slipped down to 1704$ only little away of blowing my account i was threaten if price slip to 1690 all my trades were going to close, so as soon as it move above 1720 i closed most of my trades and now have few trades open using only 33% of available margin.
the majority of beginer , like me, always relying on other traders' strategies which I think is more experienced. but, I can only losses. because not all strategies can be fit with my style. I think the strategy own is better than follow others.
rahul
2012-04-06, 01:17 PM
It has been same with me too. I have been wiped out 3 times during my trades. I lost all my money then. I was really stupid not to close the trade when the trends were moving against me so vigorously. But now I have recovered that loss and I am never making that mistake again.
girish
2012-04-09, 12:37 PM
bhai blow bohot hi baar kia or yeh esa kaam hey jis mien her koi blow kerta hey, koi esa nehi jis ney kabhi blow na kia ho, blow honay sey her trader ko expereince milta hey or seekhta hey k aagey ghelti nehi kerni jo pehlay ki thi
waqtitrader
2012-04-09, 12:40 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
main to gi jab forex trading main newbie tha na to main gi sahi bat ha forex trading main koi 10 times tak apne account ko blow up karwa chuka houn es liye main to sahi baat ha k forex trading ab kafi experince trader ho gaya houn main ne ab koi 6 month se koi bhi account blow up nhi howa ha
Yes i guessd the first one for using large lot size and it was when i had any knowledge about the lot size and MC others for holding on the losing trades and not fixing a is target and they will get much money in less time so they open the trades with big lot sizes and they got nothing but loss to their accounts.
I do not the exact number of my blown accounts but i know it would be more than one dozen accounts that include small and large account including no deposit bonuses.
sspences88
2012-04-12, 07:21 PM
:))) nice topic,ma koi , 3,4 dafa account blow krwa chuka hu,or hr dafa ma greedy hoa hu,hala k mujhe profiy ho raha hota ha or ma or ziada pips gain krne k lye take profit or bhra deta hu,or stop loss nahi use krta os waqt sara account blow,lekin ab ehtiat se trading krta hu:)
barkiman
2012-04-14, 08:21 PM
I've never lost my account 2 times. one time, I lost $ 100 in one month without ever feeling withdrawal. while the second, I lost capital of the bonus, from another forum. I hope, in this forum can give me a chance to exist anymore in trading.
kamrul10
2012-04-15, 12:37 AM
too many times i deposited money and too many times i lost.but i never leave forex yet. because forex is my dream, is my hobby. that does not matter how much i lost.but someday i will win and someday i will become successful trader.
fxquest
2012-04-15, 01:21 AM
too many times i deposited money and too many times i lost.but i never leave forex yet. because forex is my dream, is my hobby. that does not matter how much i lost.but someday i will win and someday i will become successful trader.
It takes time to over come hurdles in trading and learn the best trading practices and so we should not scared of losses, i blown my account twice before, but that was because i entered trades without enough studies, but now i watch market for long and when i feel market is dying to make a big move then only i open a trade and this technique made me good profit in few minutes yesterday. I am confident that this month i carry my capital to next month.
toptrader43
2012-04-15, 11:53 AM
This process largely occurs with many newbies as well as they did simply because it think that they will get much money in less time. So that they open the trades with big great deal sizes and they had gotten practically nothing however reduction to their fund.
Sri Hartono
2012-04-15, 01:53 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
I does not yet had to add my account, because I always use the leverage that in accordance with our capital in anticipation of a margin call.
zoomfire
2012-04-15, 02:31 PM
to be frank i have got my account wiped out many times due to my carelessness.
so i advice to all never land in a situation to get wiped out completely.
if account is wiped out one will feel really sad and sick.
ishvara
2012-04-15, 02:42 PM
I think this happens with me 8 times in the trading. All my accounts are closed in one trade only. Because i have taken more risk by using the full volume in the trading. Just little change in the market my account was fully flushed out in five minutes.
Well work your way up again as a forex currency trader by trying to get better knowledge in order to get better trading results and reduce greatly your trading account balance margin call/wipe outs.
sidhu
2012-04-18, 02:24 PM
l have blowe my account so many times and it is all cause of not using stoploose and not accepting loosing.and some times cause of over leverage and buying big lots.so these are the common mistakes of the newbies and unfortunately most of us still insisting to repeat the same mistakes.as long as we can follow the main rules of the trading then we will not experience loosing all of ou capital.
dineshji
2012-04-18, 04:11 PM
We are not discussing here about blowing off our contest account as every member here who participates in contest has blown off their contest account. We are discussing here about our real account .
sidhu
2012-04-18, 05:26 PM
Well you still remember how many times you have blown your account and that is 4 times but I have done it so many times that it is now difficult to recall how many times it happened. Also there is nothing to worry about as it happens with all the traders and losses is the first ladder to success.
I have blown my account many times now and honestly now i even do not remember how many times I have blown my account.I think every trader faces this situation and most of the successful traders must have faced the same thing I believe.
dineshji
2012-04-19, 12:37 PM
i blow my account two time.
one my account blow due to trading with high lot size that time i am not following money management.second my account also falling not using stop loss in silver trading.
but after that time i always use stop loss and my account is not blowing.
heheheh ye to gi mere sath ka dafa ho chuka ha par abb main ne forex trade karne ka tareeqa seekh liya ha or ab kafi din ho gaye hane main ne margin call rsvd nahi ki ha ab kafi had tak experince wala trader houn gaya houn main ne koi 5 ye 8 dafa margin call rsvd ki hane
netra
2012-04-21, 01:01 PM
i have lost'my'accounts minimum five times i guessd, the first one for using large lot size and it was when i had any knowledge about the lot size and MC, others for holding on the losing trades and not fixing a sl target.
sachin
2012-04-25, 11:30 PM
I have blown my account many number of times and I think I do not even recall or remember now and I think margin call is a part of the trade and every trader has to go through it and it is the first step towards success.
netra
2012-04-26, 12:39 PM
All the traders go through what you have gone specially during the initial years of their joining the forex trade but it is a part of the trade and it is only few traders who learn from all their mistakes and become expert traders later on.
king1
2012-04-27, 02:20 AM
There are a number of times not satisfied by I and these times were in the first times you trade on the Forex market, but after the acquisition of and good knowledge of the market and learn all the important information on the chart it fell out and loss very rare too, because the knowledge and experience derived your profits always
jg6073727
2012-04-30, 01:16 PM
i have blown my account two time. this was my own mistakes. i know that this will happen but same i was greedy also. so i just gamble and blown my account
najaf12345
2012-04-30, 01:18 PM
hi
this thing mostly happen with may new traders and the did just because they think that they will get much money in less time so they opn
the trade with big lot sizes and they got nothing but loss to their accounts,
Nabi Ahmed Gill
2012-04-30, 01:49 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
trading main ap ko boht zadia time dana ke be koi zorart nahi ha main ap ko bata hoon agr ap ka pass time nhi ha to ap daily ap her do ya teen hours ka bad 5,ya 10 mint tradign ko dana or boht sara profit hasil karan lainkn shatrt ya ha k ap ka account main balance ho agr ap ka acccount main balance nhi ha to ap ko trading man time zadia dana para ga.
najaf12345
2012-04-30, 01:51 PM
hi
this thing mostly happens with the many newbies and they did just because they think that they will get much money in less time so they open
the trades with big lot size and the got nothing but loss to their account.
Techno
2012-04-30, 02:10 PM
There are a number of times not satisfied by I and these times were in the first times you trade on the Forex market, but after the acquisition of and good knowledge of the market and learn all the important information on the chart it fell out and loss very rare too, because the knowledge and experience derived your profits always
when there is still much we do not understand from the forex, it is difficult for us to be able to create an account to survive for a long time. most traders will have their account had a margin call within a short time. thus making them have to go back to repeat the exercise in demo account.
naziafarhan
2012-04-30, 02:18 PM
I have blown out my 2 accounts. And I can remember that why that happened. That was happened cause then I did not know how to use monwy managemant in trading and I traded blindly. So now I never do that mistake again.
bablu7832
2012-04-30, 02:46 PM
I have wiped my account once completely as when I just started real trading but, it's never gonna happen again.As I misunderstood the meaning of news and placed order in wrong direction and my account was wiped out in few minutes.Now I first understand news carefully and correctly then only I place my orders.
wavestraders
2012-04-30, 03:08 PM
i think that it is common for newbies and some traders who are new at forex trading that they will blow up their account...so if i talk about my account, i have blown up my account for more than 10 times...so even i do not count that how many times i have blown up my account....main reason is to get greedy and to over trade....
hitesh
2012-05-13, 07:17 PM
There are many time i have blown off account due to not using proper money management and mostly traders lose due to greed of making more and more profits.
darksaimon
2012-05-13, 08:00 PM
i was rapacious trader i similar to staring my trades without educated properly money direction so i hopeless all my accounts. Almost i gone solon than 15 accounts completely but undergo for many experience i am beware virtually it and now i am opinion rant with doing moral trades
hamadmuneer
2012-05-13, 08:12 PM
mere sath aisa 3 baar hua ha jab main ne trading start ki thi jab main bilkul new tha
trading ki basics ka be nahi pata tha koi knowledge thora sa be nahi tha tab mere sath aisa hua tha
aor mazy ki baat ye ke jo trads main ne lagai thi aik baar plus main ai thi par lalach ki waja
se close nahi karwai thi aor bad main loss hua
seahawks90
2012-05-13, 09:13 PM
bhauat saare traders roz apna account blown kr dete hain magar mujhe aisa lagta hai ki agar woh thoda dhayan se trading karein aur stop loss jaise tools use karein toh bade losses se bacch saktein hain.
saqisial
2012-05-14, 01:04 AM
In start of my work when i have no idea about the rise and fall of trading i slept down without logging off my acount . more than half tims it happened to me that my acount was totaly wipe out but sometimes by good luck due to raise of trade marketing my acount was blown up to unexpected level.
kamrul10
2012-05-14, 02:03 AM
i lost too many times and i can not say exactly about how many times i faced margin call and blown my account in-front my eyes.i was so upset and then i realized about how pain is feeling a loser.then decided to use low risk.
rahulsagar
2012-05-15, 12:40 AM
bhai blow bohot hi baar kia or yeh esa kaam hey jis mien her koi blow kerta hey, koi esa nehi jis ney kabhi blow na kia ho, blow honay sey her trader ko expereince milta hey or seekhta hey k aagey ghelti nehi kerni jo pehlay ki thi
salma
2012-05-15, 01:52 AM
All the beginner trader entering the forex market to make money, so he tries to negotiate with a large lever, and after one or two orders, lose their capitals because of their greed, so it is true that the forex market is a source of money, but we must develop a plan before entering the forex market.
silverfx
2012-05-15, 02:34 AM
today i got another experience.no idea whats going on with market and how many times i will face this situation.lost and blown my account.only 1 dollars i have to trade and i had 200$ above today.
barkiman
2012-05-15, 09:43 AM
I've had a margin call up a few times. and it does not make me give up. I can actually add to the spirit could be better for the future. I believe, a definite success begins with failure. all the mistakes you can make as a self-introspection.
tashnotashi
2012-05-15, 09:49 AM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
main to 2 saal se forex trading main houn or yahan par main ne kai dafa forex trading main apne account ko blow up hotey dekh chuka houn kioun k mugh ko pata ha k forex trading main ham kafi risk main hotey haen main koi 10 time apne account ko blow up hotey dekh chuka houn
rahulsagar
2012-05-25, 12:02 AM
bhai blow bohot hi baar kia or yeh esa kaam hey jis mien her koi blow kerta hey, koi esa nehi jis ney kabhi blow na kia ho, blow honay sey her trader ko expereince milta hey or seekhta hey k aagey ghelti nehi kerni jo pehlay ki thi
manibhai2012
2012-05-25, 12:15 AM
Well phle jab mujhe Forex k bare ma kuch khas pata nai tha to ma na kafi bar apne accounts ko blow up kiya howa ha mere khyal sa 4 sa 5 bar ma na apna account blow up kr diya ha aur ab jab ma na is k bare ma jana ha to ma na kafi kuch recover kr liya ha aur yakeen ha k age be recover kr paoun ga.
bassem15
2012-05-25, 12:26 AM
it happened to me when it was my first time for me to trade i started with 120 dollars and i lost all of them in 3 hours and 5 trades and that is my first blow off course many blows happened but that blow is very hard to me because i got this money after hard work and i lost them in 3 hours this is very bad day to me
I have blown my account only once in my forex trading with live account. Then I traded the 1$ lot size on a $45 account and I made good profits but then I blew the account when I left a bad trade to run.
It takes time to over come hurdles in trading and learn the best trading practices and so we should not scared of losses, i blown my account twice before, but that was because i entered trades without enough studies, but now i watch market for long and when i feel market is dying to make a big move then only i open a trade and this technique made me good profit in few minutes yesterday. I am confident that this month i carry my capital to next month.
For last months post i got the bonus and that is still intact, two days before i had some many trades open and gold prices slipped down to 1704$ only little away of blowing my account i was threaten if price slip to 1690 all my trades were going to close, so as soon as it move above 1720 i closed most of my trades and now have few trades open using only 33% of available margin.
Well you still remember how many times you have blown your account and that is 4 times but I have done it so many times that it is now difficult to recall how many times it happened. Also there is nothing to worry about as it happens with all the traders and losses is the first ladder to success.
3mala
2012-05-27, 01:04 AM
We are not discussing here about blowing off our contest account as every member here who participates in contest has blown off their contest account. We are discussing here about our real account .
I have blown my account many times now and honestly now i even do not remember how many times I have blown my account.I think every trader faces this situation and most of the successful traders must have faced the same thing I believe.
mera account taqreeban 2 bar bellow hova hy or mujhy first time 80$ or second bar 53$ ka loss hova pr is me mujhy experince gain hova or ab me ney sekha hy k greed control karni .
gogofx
2012-05-31, 11:24 PM
I have blow up my account many times i did not remember how many
but it does't matter, as long as I've learned a lot from my mistakes.
are-long alonso
2012-05-31, 11:51 PM
Since I was joining forex, my account was blow up for almost 10 times without use EA (manual) or with an EA.
For every MC's I have learned a new lesson.
And for right now I am more careful and alert in trading forex whether I am using EA or not.
silenteyes
2012-05-31, 11:56 PM
I have just blown my account this month after making 120% profit. It is really a bad experience but it has given me a positive thing as well. I have withdrawn my profit in time so I am not feeling bad about this stop out.
kalponick
2012-06-01, 12:04 AM
I have just blown my account this month after making 120% profit. It is really a bad experience but it has given me a positive thing as well. I have withdrawn my profit in time so I am not feeling bad about this stop out.
ohh... really sad.. what can we really do with our tiny little account.. even I made a margin call in last year... and that he even worse than you.. because I made 350% profit and I lost all those money even with profit in just a week.. that was really a horrible experience for me..
playfx
2012-06-01, 09:34 AM
i think i've blown my account more than 5 times, but all the problem simply because i don't have enough strong capital to support my aggressive strategy. so right now, i'm start it all over again, collecting more capital, and wait till it got strong.
ashwini
2012-06-01, 10:34 AM
many time .. out of calculation. mainly am a scalper and day trader. and take high risk to trade. so many time i blow my account. but also when many time i do double in one day. but i given suggestion to other traders dont do like me. take low risk.. so they have a chance to back in market. and less blow their account.
TauqeerHaiderRizvi
2012-06-01, 10:39 AM
main nay no bonus deposit account tu buhat zeeyada hi phokayien (blow) keye hain because us waqat mera real account b chal raha taa aur mera mind set b wahzey nahi taa. main nay teen dawa real account ko be blow kia hay with highest balance of 1000$ that hurt me a lot. app ko tu pata hay dollar in Pakistan value its big loss for me.
ahmed awad
2012-06-05, 01:10 AM
Since I started trading, I have my account blown 4 times but its all micro account, so it does not really affect me and beside I know that its just part of the learning process...I have a good trading strategy but when emotions set in, it mess up my trading.
Traders should give emphases on forex psychology.
irfan
2012-06-05, 01:24 AM
In my views we should not count the number of times we have blown our accounts because it can confuse us. Now I don't try to remember the number of times I have blown my account because every time when I blow my account I learn something new.
xxmarouanexx
2012-06-05, 02:43 AM
i blow my trading account one time when i was just come in forex..
that is give me good experienc and i feel the value of money management.
now i always trade under money management..my returns are less but my account will safe.
fxlover
2012-06-05, 09:02 AM
not only one time but also several times i blow up my account. if may more than twenty times. i am trying to overcome this situation but the situation is always against me. by every lose i learned new things and it developed my experience. now i consider this lose positive for me because i believe success is come after lose.
nurivasyarifah
2012-06-05, 09:11 AM
when i start the tradings then i do not know the good way of doing the tradings and always like to open the trades with big lots so many times i lose the money and even i blow the accounts in minutes.
greed makes people forget themselves, that's probably the right word for those of you who have been trading with not using common sense that business is full of risks, if you enter the market and your emotions carried away volatile market then that's the result you get.
my advice is to always pay attention to the movement direction of the market with many using some indicators that you see fit
sufanw1
2012-06-05, 09:49 AM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
If problems are exposed to MC my account could not be calculated again, 10 times the MC I've experienced it once and emotional pain has increased so sharply. But it is a futile because there is still plenty to do but waste my time wasted. I think everyone would've been there.
ghysalgreen
2012-06-05, 10:58 AM
You must control your emotions so as not to get greedy. most traders fail, but that's part of the learning process. demo account is very important. we can use the account cents as well, we can learn trading systems and psychology of trading on cent accounts
the most difficult emotions in control, even sekrang I have not quite understand how to control your emotions are true, I still act as I please, my emotions I can not control it right, it becomes a disaster for me,
syedraza
2012-06-05, 11:03 AM
Live trading, the first was hit my account for 2 times in 4 months only to beat, because the circulation of news without the experience and the use of large-lot and the second time that I did not use stop-loss, and the direction of change in its direction, so I have lost my account then.
Mehak
2012-06-05, 03:07 PM
mera account 3 times blow hoa ha, some times over trading issue hota ha, o some times big lot size, as some thimes ma bohat confident ho jati hon apni trade ko le kr k big lot size use krti hon, 1 dafa to news trading k chakar ma account blow ho gaya tha,ma ne high impact news dekh kr trade open ki but market us news k accordng nhi chali.
irome
2012-06-05, 04:34 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
i have lost'my'accounts minimum five times i guessd, the first one for using large lot size and it was when i had any knowledge about the lot size and MC, others for holding on the losing trades and not fixing a sl target.
this thing mostly happens with many newbies and they did just because they think that they will get much money in less time so they open the trades with big lot sizes and they got nothing but loss to their accounts.
wahabplus
2012-06-05, 07:57 PM
I have loosed my account several time in initial period of my career with forex trading business before 2-years. Most of those accounts were blown up for single reason and that is excess trading which you can also call lack of risk management. I have learned a lot from losses i have made. I always recommend to study Risk Management and Money Management for being successful trader.
Maham Gill
2012-06-05, 07:59 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
bhai main to es forum main newbie hoon or main trading main kafi knowledge earned kar rha hoon es ka bad mian trading sa boht kuch karna cahta hon or muja tradiing main kafi fada be ho sakta ha .
There are many time i have blown off account due to not using proper money management and mostly traders lose due to greed of making more and more profits.
the majority of beginer , like me, always relying on other traders' strategies which I think is more experienced. but, I can only losses. because not all strategies can be fit with my style. I think the strategy own is better than follow others.
Well you still remember how many times you have blown your account and that is 4 times but I have done it so many times that it is now difficult to recall how many times it happened. Also there is nothing to worry about as it happens with all the traders and losses is the first ladder to success.
kiran
2012-06-18, 01:38 PM
We are not discussing here about blowing off our contest account as every member here who participates in contest has blown off their contest account. We are discussing here about our real account .
syedasadsiddiq
2012-06-18, 03:17 PM
It is not the first time that i have crashed my account. I am a newbie in the forex market and for the last two and half year i am associated with forex market at the beginning of trading i have blow my account around four times.
anoha
2012-06-18, 07:44 PM
For me, I lost more than one account before two months ago started to preserve the capital and do I revised upwards steadily after that I was able to control emotions and to control the greed .. I have lost more than 3 accounts and all account was its capital of $ 100 I hope that does not this happens again
didikebenaran
2012-06-18, 08:01 PM
For me, I lost more than one account before two months ago started to preserve the capital and do I revised upwards steadily after that I was able to control emotions and to control the greed .. I have lost more than 3 accounts and all account was its capital of $ 100 I hope that does not this happens again
I've lost 2 in this trade and I believe that when we had a good trade in this business it loses it will not happen even if we lose we will still have fermented in the trading profit is
absiddik
2012-06-18, 08:13 PM
i blow my account in 5 times. always i was profit. but i dont collect my profit. when i put big lot size for more profit, then it blow my account. now i am open a order 0.05 to 0.10 lot size. and i control my emotion.
purohit
2012-06-20, 01:25 PM
It takes time to over come hurdles in trading and learn the best trading practices and so we should not scared of losses, i blown my account twice before, but that was because i entered trades without enough studies, but now i watch market for long and when i feel market is dying to make a big move then only i open a trade and this technique made me good profit in few minutes yesterday. I am confident that this month i carry my capital to next month.
friends what were the reasons that make you to blow your account and how much time it happened to you people its not happened to me but i had a friend who lost his whole amount in two days and left with nothing at the end
antosco
2012-06-21, 01:16 AM
I have had margin call on several occasions since I started trading forex but I kept on going because I needed to grow in forex trading. So now on my greatest lesson is that I should make my money slowly and steadily and save my account rather than trying to make quick profit in one single traded thereby risking my account.
ayakcalysta
2012-06-25, 01:00 PM
many times i lost my account and the main reason for it is the lack of money management and lack of patience but i am working on it and i hope i will become a good trader soon
indeed sir, as a beginner trader is often a mistake that berakibatkan losses. therefore expected to traders before running to trade using a real account is expected to practice in advance using a demo account. after the traders have a good knowledge and strategy before he started using a real account.
fxsilo
2012-06-25, 02:05 PM
i cant counted how many times i has blow my account.. i have been face many mistakes and problem so i get loss and loss again.
but until know i still believe with forex trading, because i know forex is a potential business although is hardest business i think. patience and practice is the key of success.
taufiqbd
2012-06-28, 09:48 AM
I involve in forex trading more than three years now I confident my analysis so I never worried about my trading but when I was newbie then I always blow my mind when I make trade and day by day it going to under control.
I have blown my account many times, as far as I can remember I think 5 times. And after that I stopped trading in Forex for a while. And after a few months, I go back in Forex and right now I am only trading in demo account and I have learned from my mistakes before. So I will not trade live again until I have a very good strategy and consistently winning every week.
arinda
2012-06-28, 01:16 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining ......so share your views brothers and sister
regards success, maybe for a beginner like me are still a loot of confusion, but i belive we will be able to achieve success by trying hard. please help my friend or information about trading this word. my lack of knowledge about trading is one of the obstacles that i have.
main nay apney do say teen real trading account aur taqreeban 5 say dus demo account hain jo kay margin call per phuck gaye. main ney jo account blow keye hain woh apni mistake ki wajha say he keye hain. greed ney b buhat hee important kaam kia hy account blew karney main.
dharampal
2012-06-29, 08:53 AM
i done this 2 to 3 time but most important is if do mistake then you can learn from your mistake and next aware by that thing so mistake is very good for every trader without mistake you can learn about forex or any other thing in life.
sapna
2012-07-03, 01:22 PM
Well you still remember how many times you have blown your account and that is 4 times but I have done it so many times that it is now difficult to recall how many times it happened. Also there is nothing to worry about as it happens with all the traders and losses is the first ladder to success.
I blown my account probably more 5 times but never it was big amount . anyway its give me much experience and with that experience now today i know some about forex and now knowing how to save account from unexpected washout . actually its need experience to learn forex more
This is good question for me after entering into this market i did blown my account about 7 time but my account balance was low and my total loss was 700 dollar but i do not fall in this type of problem.
why you do not feel down at the time, but 700 dollars is a lot, but I'm also a little aware if the forex business is a risky business, so we should have a good trading skill.
ashikrobi
2012-07-14, 08:48 PM
Blowing the trading account is a normal situation for the newbie trader. I was doing trade without any previous knowledge and without any institutional knowledge. So i blow my account several time i can not remember how many times. But it's not so bad because you can learn this way your mistake.
amero
2012-07-14, 09:38 PM
I have been a lot of loss I lost about 4 accounts in the Forex Market
But the capital was in the accounts is not very large and always get it be bonus forums
Each account was about $ 100 by the mean total $ 400 and you Akhosrhm after that I would bring a little of the profit and I do drag but I learned a lot because of the loss.
kakuly
2012-07-14, 10:25 PM
Unhappy how many times did you blow your account or wipe out ??
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining ......so share your views brothers and sister
i create a record friend. its 9 time since joining. every time i make same mistake.
I blown my account probably more 5 times but never it was big amount . anyway its give me much experience and with that experience now today i know some about forex and now knowing how to save account from unexpected washout . actually its need experience to learn forex more
shazzy
2012-07-17, 02:02 PM
main tu abhi is field may new nahi and abhi tu main demo account per trading ki practice kar rahi hun and maine kabhi bhi apna account blow nahi kiya. maine bohat say new traders say suna hai kay unka account blow ho gaya and jab main unsay reason puchti hun tu woh kehtay han kay unho nay bad strategy ko follow kiya and risk ko achay say handle nahi kiya.
leherchand
2012-07-21, 01:16 PM
as a beginner trader is often a mistake that berakibatkan losses. therefore expected to traders before running to trade using a real account is expected to practice in advance using a demo account. after the traders have a good knowledge and strategy before he started using a real account.
---------- Post added 07-21-2012 at 01:16 PM ---------- Previous post was 07-20-2012 at 10:36 PM ----------
This is good question for me after entering into this market i did blown my account about 7 time but my account balance was low and my total loss was 700 dollar but i do not fall in this type of problem.
mohamed2020
2012-07-28, 07:11 PM
I have blown my account only once in my forex trading with live account. Then I traded the 1$ lot size on a $45 account and I made good profits but then I blew the account when I left a bad trade to run.
M shoaib
2012-07-28, 07:25 PM
very good question i have wiped 5 accounts in my career but still i m trying to be able to do well in coming years to do well
dewik79
2012-07-28, 08:15 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
I have yet to remove the trading account. And I do not understand why the account is removed or abandoned, whether because it is not hockey? If the reason because of hockey, this is something mystical.
mcceducation
2012-07-28, 09:13 PM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
I never fill my trading account with a lot of money, I only use a reasonable amount of money for my trading account. i have destroyed quite a lot of trading account that I have, but I think it is a natural thing in the search for identity as a trader, and besides, thanks.
isbhacker
2012-08-19, 12:41 PM
I actually blown m account several times ,I lost net 100$ with the forex in past but now I also recently lost my bonus last month but for this month my bonus was cancelled due to unknown reason.
dimpal
2012-08-20, 02:08 AM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
Mene aapna account ak bar bhi blow nahi kiya. ha starting me loss jarur kiya huaa hai. but puri tarha kabhi blow nahi huaa mera account. Jab loss huaa uske baad full patience ke sath trading fir se start ki, demo me fir se trading start ki usase muje kafi fayda huaa. Kisi bhi traders ko itna risk lena hi nahi chahiye ki uska account hi blow ho jaye.
sweetrevenge88
2012-08-20, 06:02 AM
I blow up my account too many times and too painful to remember,lol. But all the loses I got is nothing compared to the knowledge, experience and skill I learn all the way. Someday,I know I can get back all that I've lose in the market. Just a matter of time.
tubeltkadal
2012-08-26, 06:41 PM
I've been 4 times the deposit, the deposit has passed all affected by MC. . . but I'm sure it's all a learning process to be successful in forex. I have to keep the spirit to return the funds that have been lost before.
dareking
2012-08-26, 07:12 PM
maine 8 baar apna account blow kiya hai.:D maine is month bhi 386$ capital blow kiya hai, lekin ab mera ye last baar blow tha, kyun ki ab main kafi achchi trading sikh gaya hoon, greedy control aur patience jaisi cheez rakhna bahut jaruri hota hai, sab par mera pura control hai.:)
naziakhan
2012-08-26, 08:20 PM
maine 8 baar apna account blow kiya hai.:D maine is month bhi 386$ capital blow kiya hai, lekin ab mera ye last baar blow tha, kyun ki ab main kafi achchi trading sikh gaya hoon, greedy control aur patience jaisi cheez rakhna bahut jaruri hota hai, sab par mera pura control hai.:)
yes hum her bar yahi kahtay hai k hum next dafa ya galti nh karain gay magar fr bi hum us per control nh kar saktay hai es liyay ma sochti hu k hamain first demo per work karna cahiyaay ta k hamain es ma makamal practice hasil ho jay aur fr hamain real trade karni cahiyay.
razafsd
2012-08-26, 11:04 PM
mera account abi aik bar he lost hua hy i could not find the reason but now this time i am more careful about my account. I am trying to avoid any mistake. Definitely there is always mistake on our part for losing our account. But ab meri koshish hy men posting krty huay rules ko achi trha follow krty huay or mistakes sy bach kr kam kron.
php1xedni
2012-08-31, 01:40 PM
I believe everybody experience blown up account once or more.
Actually, i blown up my personal accounts several times. However almost all the loses I obtained is actually small compared to others.
Fortunately, i gained a lot of experience from my mistakes.
nitshar
2012-08-31, 02:51 PM
ha ha ha, it happened many times. And still today, I wipe out some of my accounts very rapidly if i make some mistake. As nobody is a 100% winner, I too have seen many ups and down and who knows, what is hidden in the layers of future.
enter
2012-08-31, 03:29 PM
that is also too many time that i have ever blow my account on the forex trading, and i am still do not want to count it because if i count it can make me being scared on my trading and i think that my account is blow out is good too
fxmoney
2012-08-31, 05:12 PM
I do not count that how many time i have blown my trading account i think most of the time i have blown my account but i have also made good profit from my trading which i have withdrawn. i think most of the traders directly blow their account rather than placing the stop loss.
dareking
2012-08-31, 06:58 PM
Mene aapna account ak bar bhi blow nahi kiya. ha starting me loss jarur kiya huaa hai. but puri tarha kabhi blow nahi huaa mera account. Jab loss huaa uske baad full patience ke sath trading fir se start ki, demo me fir se trading start ki usase muje kafi fayda huaa. Kisi bhi traders ko itna risk lena hi nahi chahiye ki uska account hi blow ho jaye.
aapne kafi sahi bataya hai, aur aisa hi har trader ko karna chahiye, loss ke baad trading hume demo par karni chahiye, taki hum bhi jaan sake, ki hum kya galti kar rahe hai, aur kis karan galtiya karte hai, aisa jaanne ke baad hum galti sudhaar lete hai.:peace:
tachyon
2012-08-31, 08:05 PM
lots of times i and my friends blow and wipe accounts.this is due to the many factors some of them are:
1. earning more profit.
2. loss of concentration.
3. lack of market knowledge.
4. lack of market analysis.
shozeb
2012-08-31, 09:58 PM
two times dude mere sath do baar ho chuka hai jabb maine apna account blow kiya tha aisa sirf mere news ke time scalping karne ki wajah se hua tha..
antnetwork
2012-08-31, 11:16 PM
We always try to protect our capital from unexpected loss. So we never need to take excessive risk and try to follow all monitors regularly. By which we can protect our capital completely. Else we have to make some capital recovery option like scalping and use of safest take profit indicator. But it's really difficult to come back after get wipe out.
Abhi to maine Actually main real account main trading hi nahi ki demon account main to itna balance milta hai ki account blow up hone ka wipe out hone ka sawal hi nahi hota.Per logo ke experirnce or sdvices ko dekhte hue main keh sakta hu ki meri yehi koshish rahe gi ki mera account kabhi blow ya wipe out na ho"
the boss
2012-09-05, 05:38 PM
every one loses at the beginning but during the time we learn and we know how to avoid loss, i lost more than 80 dollars since i began trading in forex, but fortunately i didn't lose my account
Mera account do bar blow ho chuka hai par uske main reason the greed, maine ushi time agar mera trade close kar diya hota to mera account blow nahi hota. Par ye suruat me sab trader ke sath hota hai aur muje bhi yeh experience ho chuka hai. Jab kabhi aisha hota hai tab hame stop loss ka importance pata chalata hai.
freaky1212
2012-09-05, 11:14 PM
I can strongly remember the first time i wiped my whole account in foreign exchange trade business. The first time was when i traded foreign exchange for the first time, i traded with greed and i lost my whole trading account. I have had other times my account was wiped but i don't really keep record of how many times.
babulal
2012-09-16, 07:22 PM
Well you still remember how many times you have blown your account and that is 4 times but I have done it so many times that it is now difficult to recall how many times it happened. Also there is nothing to worry about as it happens with all the traders and losses is the first ladder to success.
mmm2013
2012-09-19, 04:41 AM
I think it initially happened to me a lot but now I have learned well how to preserve the capital they possessed so as not to lose the Mona again
I think every trader must have blew his account. even I myself could not remember how many times I blow account. but it is clear from any event, I get a very good lesson. because of the incident that there must be a mistake that I made, so it should be improved from the way my trading.
abbey ak
2012-09-19, 06:17 AM
well i can't really say because the more i develop a new strategy and try to invest my money into the new strategy i just end up losing my account so i think i still need more time to to practice in my demo account and see the very best way this can go in my direction best of luck and happy trading thats what i think
budado
2012-09-19, 08:04 AM
Six years ago I got my 1000 dollars wipe out. Last May I also got my account wipe out. Its 150 dollars. now I have 6 active accounts including the one that got MC and right now I'm earning some how. I'm hoping that its my last MC. Because I just feel that right now I'm stabilizing. My accounts now. All of my accounts has 200% or more free margin. Although one of my account for scalping has reach 73% free margin only. But its now back to 200% free margin again.
naina0966
2012-09-19, 09:20 AM
well I am safe I didnt see that moment till.i am so carefull about that
ku_lock
2012-09-19, 09:48 AM
several times I blew my account, but I really do not want to repeat it again. because it was from a bad experience that I learned, especially in the case of good money management. because it's good money management that will keep us from a margin call. so far I was more disciplined and cautious in trading, and always use a good money of course refineries.
WINOTO
2012-09-19, 03:59 PM
I've blown my account more than 10 times, but all the issues simply because I do not have enough capital to support the aggressive strategy and money management my bad for not using a stop loss. so now, I start all over again, hopefully this time successfully
bhagawanta
2012-09-19, 08:45 PM
hehe..i had a Margin Call experiences to bro..but i dont errased my account,i just want to have just one account and i had to run it although had a failed,i must success with my only one account..i dont want to give up by the failure,i want to defence my account!!hehe..thats my experiences..goodluck!!thx.
ishvara
2012-09-19, 10:09 PM
hehe..i had a Margin Call experiences to bro..but i dont errased my account,i just want to have just one account and i had to run it although had a failed,i must success with my only one account..i dont want to give up by the failure,i want to defence my account!!hehe..thats my experiences..goodluck!!thx.
The having of margin call is something that we forex traders should never become afraid of for any reason. Personally i have had more than 4 margin calls, but now i know that we get better after each loss because we find the reasons of our losses and correct them.
damarisa
2012-09-19, 10:14 PM
i blow my account once and once i will near to again blow condition but due to my luck i will save it form margin call and blowing.
when i was near to margin call then i will open new trade with triple lot size in hedging.
if my luck is good than i will save otherwise not. but in short if we play money management in a good way then we can not loss our account..
If I pursue this trade business more than a new 1 year and already 2 times now fallen MC might ****ually have begun to understand and fix the gap gap fitting error I am doing my acount time runs out,, as a result there is now good results from yesterday
akshay1728
2012-09-23, 08:54 PM
i blown my account many time in first 3-4 months , but now i learn the skill of money managment and it becomes easy to trad and manage account withou lossing the account any more
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
hey there,
i also like that, blow out about 3-4 times. but that's ok.
it is because of my own silly mistake.
1. because i forgot to put stop loss.
2. because i trade multiple pair at 1 time.
3. because i trade during nfp news release.
Aap ko hamesha wipe out se bachna chahiye .is ke liye jitna aap ke account main balance ho us hisab se trading kare.Mera account aaj tak wipe out nahi hua,mere account main balance 25-1000 $ rha hai.per main hamesha trade deposit ke account ke anusar karta hu.
zseconda
2012-09-27, 06:10 PM
For me I am trading in a demo account because I have very little practical experience in forex trading but I have blown my demo account for almost 3-4 times. I am trading in a demo account very seriously and my target is to learn trading for about 3-4 months in a demo accounts really !!!
boniez
2012-09-27, 07:15 PM
to be honest I've never counted but certainly it is very much where it also makes me feel lost and wish I could be better in generating profit in line with what I had expected also will not feel worth it.
faster4
2012-09-27, 07:28 PM
I often experience. and never try to calculate, but still has a passion to seek other opportunities
do not give up, that would probably make the spirit of back again
Bankmen
2012-09-27, 07:59 PM
I blow so much money in forex and open so much accounts for fresh start but there is no place to make money if you look only charts.
somad
2012-09-27, 10:03 PM
i forgot for it, but for the first years i traded, i often got margin call and then i blew up my account,..., yes this was my heavy experiences that i had to accept some losing and almost make me got frustration and leaved this business, now i see that forex is a beautiful business after i can master one of many strategies and make it profitable.
sasa0220
2012-09-27, 11:11 PM
I think my account was blown 5 times. most of the times due to my silly mistakes. I tend to over trade sometimes . which ultimately lead blown my account. Last time i trade with $60 . traded 0.05 standard lots. and i had two open trade.due to a small market i got my account blown. Money management is the key to save your account. therefore now i'm very careful when choosing the lot size
The Blessed
2012-09-27, 11:42 PM
I have blown my account now like three or four times. One of the reason is the absence of a stop loss. The second is not being able to monitor the market very well. Third is the desire to make more profits. Fourth is not wanting to close a trade that is already going against me and in the end, all was lost. But now I'm a matured forex trader.
malik
2012-09-27, 11:43 PM
Frankly speaking i do not remember the exact number of my blown accounts because the number of blown accounts is countless. However i have learned a lot in the process and now i can survive with an account for months.
lecoq6
2012-09-30, 10:40 PM
I had blown my account in to negative many times, then I learn from it in order to make it blown in other way. Feel the experience until we know the meaning of experiences. Let the present account blown in to positive.
yudijoni
2012-09-30, 10:49 PM
I blow up my account so many many times till I cannot remember it anymore.
Now, time by time I realize that forex is not easy. Now I learn 3 important things in forex:
1. Trading system
2. psychology
3. Money management
Forget one, then your account will MC and MC again. Trust me.
jazzysports
2012-10-01, 12:05 AM
mere saath aisa ek he baar hua hai aur wo bhi meri apni ghalti ki waja aur nadani se q k mujhy maloom nahi tha ke aisa hoga.mai ne jaisy he order lagay to yahan light chali gai q k yahan light ka masla buhat he zeyada hai.aur jab mai ne light ke any ke baad system on kia aur apna trading account daika to sab kuch htm ho chuka tha.
mondemonde
2012-10-01, 12:44 AM
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining=( ......so share your views brothers and sister
hi everybody,
until now I have not lost my account and I hope I do not lose it.
many beginners want to earn a lot of money in a short time which leads to the total loss of capital.
good luck to all members
ordaz7
2012-10-01, 12:57 AM
Blowing account cause disconcentration, so when it happens just take a break and check your mistakes, to make corrections
contil
2012-10-01, 01:31 AM
I think my account was blown 5 times. most of the times due to my silly mistakes. I tend to over trade sometimes . which ultimately lead blown my account. Last time i trade with $60 . traded 0.05 standard lots. and i had two open trade.due to a small market i got my account blown. Money management is the key to save your account. therefore now i'm very careful when choosing the lot size
I agree with you .. and I agree with your words is that financial management is the key to forex trading success is good financial management .. without the presence of good financial management course one trader tidakl will last long in the business of forex trading,. my teacher said use money you can afford to lose money for it, so it can be applied the next time you will open a position and use appropriate margins you are able to accept if prices do not move sesuiaio our desires and makes us loss
malik
2012-10-01, 01:36 AM
I do not remember the exact number of my blown accounts but i know that i learned a lot in the process. The last account that was blow by me give me 150% profits within one weak so what the problem is it is blown,
infoworld
2012-10-01, 02:54 AM
Blown my accounts and i have lost count but the good news is that the days of blown accounts are gone and am doing better now and i hope to do even better every other month than the present month.it is a journey of learning , try and error before finally getting it right
tefa1981
2012-10-01, 03:02 AM
from failure i learn lot of things which will help me in future,this thing mostly happens with many newbies,now i am feeling happy with doing good trades
that's how we should address the failure of any we have experienced. we should always be able to take lessons from the failures that we experience. because of the failure there must be some mistake we have done, so that the errors that we find the point where we trade the way that need to be improved. so I'm sure we will be able to become a better trader in the forex business.
alimartono
2012-10-01, 07:07 PM
I never erase me, because it would make me to start with a new and less fun. but I've hidn account I create a new account. if it is not problematic account should not be deleted.
bhagawanta
2012-10-01, 07:29 PM
since i join forex trading,i havent wipe or made a new account..i got Margin Call one times,and i keep it up my account..until now i still use my only one account,why?because i want to strugle with my first memories when im started to decide and join forex trading!!so i will allways use my only one accaunt!!
jidezco1
2012-10-01, 08:58 PM
I lost approx 100 pips in 2 days, and I was devastated. I pulled myself together and gained it back plus 600 pips more. I was happy. Now, I am trying to stay away from the emotions and greed and just focus on trading.
hpanoo
2012-10-01, 09:13 PM
at the early stages of trading i faced frequent losses and lost my accounts about 5 times. now i can manage losses since i have more experience and knowledge now. i think the losses faced by newbies teaches lessons for them and if they can understand those mistakes they will have success withing few months of trading.
Powered by vBulletin™ Version 4.0.8 Copyright © 2026 vBulletin Solutions, Inc. All rights reserved.