how many times did you blow your account or wipe out ??

One time I wipe out my account.Because I had not apply stop loss and applied big lot size.Now I am conscious about this.

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.

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 " .

mene forex trading jab shuru mein join ki thi tou mujhe capital management ke baarein mein etna nahi pata tha jab mene kaafi baar apne account ko blow kiya hai aur mujhe kaafi loss hua hai esliye mai ab hamesha apne account mein stop loss lagakar chalta hoon..

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Originally Posted by fxearner

mene forex trading jab shuru mein join ki thi tou mujhe capital management ke baarein mein etna nahi pata tha jab mene kaafi baar apne account ko blow kiya hai aur mujhe kaafi loss hua hai esliye mai ab hamesha apne account mein stop loss lagakar chalta hoon..

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bhaiya ji shuru mein management ke bare mein nahi pata hota hain hum jayda se jayda high lot open karne ki koshish karte hain isse hum kafi jaldi margin call se apna account blow kar dete hain lekin ab to humko MM follow karna chahiye

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Originally Posted by fxghost

bhaiya ji shuru mein management ke bare mein nahi pata hota hain hum jayda se jayda high lot open karne ki koshish karte hain isse hum kafi jaldi margin call se apna account blow kar dete hain lekin ab to humko MM follow karna chahiye

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G bhai start ma trader ko money management ka zaida knowledge nh hota hay , es liyay wo hig risk use karta hay aur us ko loss bi hota hay , ahsta ahsta hi us ka experience money management ma built hota hay .:good:

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Originally Posted by naziakhan

G bhai start ma trader ko money management ka zaida knowledge nh hota hay , es liyay wo hig risk use karta hay aur us ko loss bi hota hay , ahsta ahsta hi us ka experience money management ma built hota hay .:good:

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JI bhaiya Money management ki jaankari nahi hone ke karan trader ismein kafi paisa loss karte hain agar kisi ko apna account blow hone se bachana hain to usko MM ke bare mein pahle janna jaruri hota hain

this is vry good question i am doing this business from 4 months but i have wiped up my balance only one time, it was also my mistake , i invest all the money when loss was coming i have no alternative to invest money to stop the loss or minimise the loss. and second mistake was the i left and not close the entries and second day when i saw the balance was nil .

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Originally Posted by arjulko

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 .

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G bhai g agar ap greed kartay ho tu phr ap ka account blow ho sakta hay , es liyay ap ko greed sa zaida sa zaida bachany ki koshish karni cahiyay , ap ko zaida loss nh howa hay lakin ap ko ab dobara apni mistake ko repeat nh karna cahiyay .:good:

acquiring erased need to be a good impossibility. In case this happens as well as has happned and then you are doing a thing inappropriate, you aren't significant adequate about your own investing to discover a established process which in turn operates in most current market disorders.