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New traders are the ones who suffer from multiple margin calls in their trading accounts. And they have to think about how they are going to deal with this situation and also the fact that most of the times they are really not following the rules of Forex trading and effective money management.Quote:
Originally Posted by kastur
1 time before , i got a blow off of my account of 100$ that i invested in my instaforex account . after that i reduced my lot size and learned to put stop loss in my trades . after that i never get a such big blow and always try to make little profits with respect to my investments.
I have blown my account only once in my forex trading with live account. Then I traded the 1$ lot size on a $45 account and I made good profits but then I blew the account when I left a bad trade to run.
mera account taqreeban 2 bar bellow hova hy or mujhy first time 80$ or second bar 53$ ka loss hova pr is me mujhy experince gain hova or ab me ney sekha hy k greed control karni .
It happened to me only once, when i was new in Forex. The main reason was my greed, i used a bigger lot size and market went against. My capital was very small i.e; 100$. They instantly vanished before my eyes. But it gives me a lesson that " never trade without money management , and dont be greedy " .
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 lost many accounts i think it was 4 times but i really get benefit from it i learned what was my mistakes and adjust it so i do not fall for the same mistake .i think after you trade a lot in demo accounts you may get experience from it and your mistakes will not be costly
an advice fro new traders try to see what old traders do while they trade it will be helpful for you
I had twice to remove my account and start again with a new account. I hope there will be a change from the past mistakes, still learning to use a mini account and now make use of the standard account.
heheh main to gi 3 month se yahan houn or main ne 2 times apna money lose kiya ha forex main kioun k mugh ko pata nahi tha es barey main ziyada to esi liye margin level low howa or sari money lose ho gai main ab kafi care karta houn money lose hone ka dar to hota ha par phr bhi main kafi kiyal karta hounQuote:
Originally Posted by james
In the demo account, I wipe out up to 5 times. when I still need to learn a lot and busy looking for a way good strategy. is the first time a lot of mistakes in trading errors. however, when a lot of reading the information, finally can minimize these errors. now dare to play with a live account.