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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 facedQuote:
Originally Posted by lights
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.
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.
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
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.
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 .
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.
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.
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.
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
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 haQuote:
Originally Posted by james
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.
:))) 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:)
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.
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.Quote:
Originally Posted by kamrul10
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.
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.Quote:
Originally Posted by james
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.
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.Quote:
Originally Posted by roopesh11
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.
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 .
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.
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
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 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.
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.
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
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
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,
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.Quote:
Originally Posted by james
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.
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.Quote:
Originally Posted by king1