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have blowe my account so many times and it is all cause of not using stop loose 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.
Luckily i have not faced this situation. Forex is based on skills . If you learn trading properly and than start trading than your chance of loss is very low, No doubt always profit can never be guaranteed but you need to focus on trading skills that will really help a lot in making profit and gain good success in forex
Account wash tab hota hai jab hum greed ko apne plan main include karte hain aur hum apna account wash karwa lety hain hamain greed ko apne trading plan se door rakhna chahiye tabhi hum acha profit hasil kar sakte hain aur apne account ko wash hony bacha sakte hain
Luckily i have not faced this situation. Forex is based on skills . If you learn trading properly and than start trading than your chance of loss is very low, No doubt always profit can never be guaranteed but you need to focus on trading skills that will really help a lot in making profit and gain good success in forex
Dear friends i am doing the tradings for the time being in the forex market and i have blown my account some times when i do not have the experience but when i got the knowledge from the tradings and from the forum then i have decided to not blow my account quickly and make a bright future.
It happened to me only once, when I was new to Forex. The main reason is my greed, I use a larger lot size and the market doesn't support it. My capital is very small, namely; 100 $. They immediately disappeared before my eyes. But that gave me a lesson that "never trade without money management, and don't be greedy". and I blew up my trade the first time three times, the first time when I learned about forex trading, the second when I got a welcome bonus there was no deposit needed and third, when I had a strong post from the forum.
i also blown my account three times . once in the start i lost 20 dollars . than i again started and earn 100 dollars . than the next money , by trading in gold that felt down suddenly . i again washed my account . than after this once i lost account when i was trading and greed says me to open more trade .
I never use my investment in forex trading i am new forex trading that why i think i have no good knowledge and experience and skills about forex trading when i will feel that i have good skills then i will invest my own money in forex trading.
I have destroyed my account many times so I lost count, but I think this is a learning process and no one has succeeded without difficult time, except for angels. I have learned from all the things that blew up my account and I told you some of the mistakes I made were only pure luck for reasons, bad money management and greed. I just want to have my account traded well, grow steadily but surely and I need to make it this year so greedy and fearful, long gone.
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.