Have you Made profits by Mistakes ?

I have come across with this situation many times when I opened a position and by mistake I opened a wrong position and found the trade in profit but I closed that position immediately as that position was against my analysis.

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Originally Posted by speedy

I have come across with this situation many times when I opened a position and by mistake I opened a wrong position and found the trade in profit but I closed that position immediately as that position was against my analysis.

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Yes sometimes such things happen we want to hit buy button but by mistake we hit sell button. Anyway the magic behind this is that the trade which we place wrongly gets a positive direction. This type of things most commonly happen with me also. They are profitable 40% of the times.

I never profit by mistake like I kepencet BUY SELL so when I want my pair soon regret the abrupt end up and I am lucky...
good luck :yahoo:

Yes I have made profits by mistakes too. it was just luck because it goes on my way. if I trade the other way then I could have loss. so sometimes luck happens in forex but not very often so we must not depend on luck for our profits. sometimes but luck will happen too.

Yes I have made profits by mistakes as i had performed wrong trade and I continued with it and also did over trading and performed more trade in same direction and had all my money almost wiped out but luckily the markets reversed and at the end I ended up with profits.

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Originally Posted by malik

Today i made 54 dollars profit by two consecutive mistakes and i am wondering how i got this profit today. I Placed a buy order for EUR/USD but the order was placed for USD/JPY by mistake. EUR/USD went against my desired price but i saw on my terminal my position was in profit. I was shocked what is happening and on later i saw the order was for USD/JPY and it was moving upward. I closed the trade manually on 15 dollars profit.

On later i placed The order for EUR/JPY and i had to trade the volume of 0.5 mini lots but i place the order of 5 mini lots. I shocked when spread cost displayed 19.50 in my terminal. Price went against me for 3 pips and my loss reached to 39 $. I decided to close the position but at once it moved downward and it gave me 39 $ profit at once.

Ever you made profits by mistakes like me ?

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That is just the coincidence I guess. Mistakes can be very costly. You must be glad as you made mistakes and even won profits. But in most of the conditions, we lose lots of money with even small and single mistake. I have lost many dollars with my mistake and I don't want to repeat that. That is why I am sincere now in my trade.

ha maine ek bar mistake se 3 lot size se position open kar diya, mujhe 0.30 se karna tha aur ek sec me hi mujhe 30$ profit hone lag gaya aur maine jaldi hi close kar diya

luck does not always come, better disciplined with money management rules, and use a lot size according to the rules of MM, learning is a necessity, began to proceed with studying the theory and lots of exercise, little by little we can understand the forex

That is just the coincidence I guess. Mistakes can be very costly. You must be glad as you made mistakes and even won profits. But in most of the conditions, we lose lots of money with even small and single mistake. I have lost many dollars with my mistake and I don't want to repeat that. That is why I am sincere now in my trade.

Yes sometimes such things happen we want to hit buy button but by mistake we hit sell button. Anyway the magic behind this is that the trade which we place wrongly gets a positive direction. This type of things most commonly happen with me also. They are profitable 40% of the times.