Don't do like this mistake.

wese to insan ghaltiyoon ka putla hy or insan apni ghaltiyoon se hi seekhta hy lakin uger hum kam se kam ghalti karen to hum jald se jald kamiyab insa ban sakty hn or ziada se ziada kama sakty hn or apni good will bhi bana sakty hn

Mistake is particularly a learning way.but huge mistake is not acceptable for all

this is possible when you become greedy and in this way you face the lose in the forex the greedy person cannot become a good and the successful trader you should happy with the low profit this is beneficial for them and you will not face the lose

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Originally Posted by saimum hasan

Mistake is particularly a learning way.but huge mistake is not acceptable for all

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So that we need learn as fast respond with the mistakes experience gained and not repeated those mistakes again, because if we do that again we never increase our progress in forex business, it is necessary to learn from own mistakes and not do that mistakes again

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Originally Posted by forexman

hi,i have an experience today.today i traded with 1:500 leverage with $15 balance.i made $6profit in less than 1hour,instead of withdrwing profit at that stage,i still continue to trade and lost entire balance.so becareful.i have learn something by this experience today.
everyone trade carefully,better to withdraw profit until you reach your principal.
what you feel?

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It depends upon the account type in which you are trading and how much big lot size you are using, if you are using big lots then you should do proper money management, and if you are trading on your own real account then it is better to increase the capital, and if you are trading in bonus account then it is better to withdraw.

Sure that blunder people did is often a concequence connected with greed. Don't be greedy if you have acquired wisely. Not necessarily extracting revenue reasonable isn't poor however to perform inappropriate managing of your respective profit ones bank account and pleasure is actually the reason reduction. Merely Pulling out ones revenue is not going to save by reduction, you additionally needs endurance.

well it happen to actually me and that i think anytime we see the smart signale that the market can against us we ought to shut the order or open a hedge deal in the same lot size until subsequent signal.. the vital is simply dont keep while not do something

when you're using that high leverage your account is requried to be made by edge and thus we've to firmly be terribly careful we will not leave our trade unattended other then if we wish obtaining sensible profit there really should be no reason for not booking it or a minimum of setting trailing stop loss.

oh no this is not good procedure you muts withdraw your profit after 5 dollars then again start tarding so your 5 dollars are safe but now you loose eerything in forex market so elarnw ell and then try to get big profit

I made the same mistake but with more money, i started with 100$ balance then reached 300 $, but i was greedy and increased my lot sizes and then lost all what i made. I totally agree, greed is a monster threatening our accounts and the weapon we have is the good money management