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.
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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.
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.
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....
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 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
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
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.
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.
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.
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
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.
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.
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.
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 hounQuote:
Originally Posted by james
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
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.
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.
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 .
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.
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.
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..Quote:
Originally Posted by silenteyes
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.
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.
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.
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.
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.
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.
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.
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.Quote:
Originally Posted by assi
my advice is to always pay attention to the movement direction of the market with many using some indicators that you see fit
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.Quote:
Originally Posted by james
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,Quote:
Originally Posted by ashar
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.
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.