I don't know how much time exactly, but i know that when i start in this market i blow many demo account, but after that i get more experience and skill. Now i am trading on real account and make some profit.
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I don't know how much time exactly, but i know that when i start in this market i blow many demo account, but after that i get more experience and skill. Now i am trading on real account and make some profit.
I sometimes hear from couples who are in marriage in which both of them have cheated. Sometimes, one spouse cheats to "get back" at the other for the initial infidelity. Other times, both spouses cheated (sometimes without knowing about the other spouses' infidelity) simply because the marriage was struggling.
MC is right to avoid the first thing to do is we are dealing with a small lot. and rules we must obey. other than that we should be looking for accurate news so that we can analyze precise and avoid loss. MC I think everybody must have experienced.Quote:
Originally Posted by speedy
We are not talking about here about ruining off our competition consideration as every participant here who takes part in competition has offered off their competition consideration. We are talking about here about our actual consideration.
Yes, In my first time trading to still now I lost 3 times my account black. the one cause was too many trades at a time and had no money management rules and also the emotion has attacked me too much. but now I am too much sensitive with the point and i am trading well and good.
i missing my dealing consideration one time..
greed and traversing control guidelines are very risky.. due to these aspect i will missing my consideration.
if my avarice was in control then may be i will preserve my consideration but my avarice is out of my conduite so i will missing my consideration.
this factor mostly occur with may new investors and the did just because they think that they will get much cash in shorter period so they open the business with big lot styles and they got nothing but reduction to their records.
मुझे लगता है कि आप सही कर रहे हैं और आप इस बात शुरू ज्यादातर कई नए के साथ होता है और वे सिर्फ इसलिए किया क्योंकि उन्हें लगता है कि वे कम समय में ज्यादा पैसा मिलता है तो वे बड़े लॉट साइज के साथ ट्रेडों खुल जाएगा और वे कुछ भी नहीं है, लेकिन उनके खातों में नुकसान कर रहे हैंआप व्यापार कर रहे हैं और वहाँ मदद पूर्ण
haan bhai kafi new trader ko lagta hai, ki wo high lot se trading karenge, to unko profit jayda hoga, aur is tarah se achchi earning kar sakte hai, lekin ye galat cheez hoti hai, jo beginner high lot use karte hai, aur account blow ho jata hai.:DQuote:
Originally Posted by forexmaster
I have lot my money minimum 4 times............. each time i think that ths time i will not do the same mistakes but ho jata hey phir se wohi galtiya..............samajh me nahi aata kya karo mey apne apko................kambakht emotions.......control hi nahi hota.
jo new trader forex market ma ata hai wo samjhta hai k forex market buhat hi easy hai aur wo jahan easily earn kar sakta hai .lakin jab wo high lot sa trade karta hai aur usay loss hota hai tu wo jan jata hai k forex market sa earn karna easy nh hai.:DQuote:
Originally Posted by dareking
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.
when i was junior member and i do not have the more good experience in the forex then i have blown my account many times and i was taken many big risks so i have lost my good money in the forex at that time.
well ever sine i have been a forex trader i have always be at the losing side of the market and the more i trade the more i make use of more strategies and indicators but i still believes am not fit to trade a live account because am still at the losing part of the investment but with hard work i can make it
I've quite often blow my account, because in the process I learned a lot of mistakes in my trading. but what is important in my opinion is in the process of learning have developed despite the loss, we should take a lesson from the loss that we have experienced. because it's a good learning process is when we can take a lesson from the mistakes we have made, so that we will improve our ability to trade forex.
Yes very true, I too have experienced these things. Experienced a lot of losses. I consider it as my motivation to progress my trading well ahead. I mean to be more careful in the transaction, I have always been consistent with my daily target...:happy:Quote:
Originally Posted by hend
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 blew 7 account and the amount is about $4000. most of the time the reason behind my loss was my diversion from money management. though all of my biggest loss was due to my poor analysis. so poor MM and TA were the biggest mistakes of mine. after the completion of two year trading finally i became able to recover all of my loss and now i am in profit.Quote:
Originally Posted by james
I laugh at this your question,and you ask me why i laugh.I have blown up several accounts that i can not number them and the main reason for this is my indiscipline trading life style which i have been battling to overcome.
So as the topic says how many times did you blow your account and what was the reason and mistakes you did and how much did you blow out???
i did mine 3 times since joining ......so share your views brothers and sister
Some things can be said about how people think or feel when it comes to Forex. First off, since there so many new people trading currencies everyday.I have login in a day 3-4 times
I did not blow my account still now but I had to blow three demo accounts at the time of practicing in demo account.First time it happened when I did not use the tools like stop loss,take profit,etc.Second time I had to blow the account because I used high leverage like 1:1000 and very soon I lost my account.The third time I entered in a wrong position and the continuous loss came to my trade.Every time I got new experience and learnt some important things which are now very effective in my real trading.
Forex is actually the foreign exchange and deals in the goods, services and currency trading. Forex trading has gained prominence with the passage of time and more and more people have started chasing the trend. This concept of forex is purely based upon investment whether they are small, or big one.
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 targe
when i was a new trader to the Forex market. so many of my accounts were blown away because i did not have the skills, discipline and experienced, at that time the best thing i have understood is to practice more and find out the weaknesses and rectify them to reduce my losses and improve profits, and finally i think i am successful.
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 want to say that if people are serious about making money out of tradinh why on earth would you actually start trading with real money if you didn`t have a method which works ?
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 even have got the margin calls double and all times my account is blown off utterly. in each the margin calls a thing you need was common and or a my massive lot size order that caused me out to blow my account.
Trading Forex is something that is very likely to result in people giving you trading advice, either on the internet, on television, or from people in your daily life. Whether or not these tips should be considered sound trading advice is something you will have to take into consideration before or if you use them. Everyone wants to play the hero and tell you that they just "know" the EURUSD is going down or that they heard a great free Forex tip from someone who is in the know recently.The most savvy Forex traders understand that the best Forex .
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Compared to stocks and futures market, Forex trading involves limited risk. The market is less volatile and if the forex trading investing is handled carefully, there can be no or minimum loses. This is because forex trading is not dependant on just one company or person. It depends on the overall economic health of the country.
it happened out to me no more than once, when i'd been new in forex. the most reason was my greed, i used a much bigger lot size and market went against. my capital was terribly tiny i. e ; 100$. these instantly vanished before my eyes. other then it provides me a lesson that never trade while not cash management, and dont be greedy .
I agree with you, it's greed is the main cause traders suffer losses even lose all their money in the trade. Therefore it should be in every trade, we must think in terms of risk of loss, so we have a way to minimize risk. so the trade without greed, it will allow us to get better results, and of course it will make us better able to survive in the forex business.
in every my trading i have target make 100 % a months but if i can make more than that
i will extension my target , but the minimal for my trading before i WD is 100 % from my equity.
Har trader ka account blow lalach mein aa kar hota hai, aur har trader ki koshish ye hi hoti hai, ki without loss kare wo unlimited earning kar le, maine bhi ishi lalach mein kafi times blow kiya hai, har month mera capital blow jata hai.:D
waw... I think it's a good idea about I am in every trade I had a target to make 100% month but if I can make it I will be more than my target extension, but at least for me before my WD trading is 100% of my equity the most important thing is to maintain or control the emotions themselves, because it is the most difficult factor to a trader, to be able to beat the market, a trader must also be able to beat his own emotionsQuote:
Originally Posted by fariza
mai to apna acount bahut baar blow kar chuka hun maine kam se kam 5 baar apna poora acount ka balence loss kia hai abb mai bahut hi soch samgh kar karta hun abb mughe samgh me bhi ane laga hai ki ye hai kya .
In a Forex robot trader marketplace that is saturated with dime-a-dozen automatic Forex trading systems that offer high returns with the extreme risk of wiping out your trading account, there is one that stands head and shoulders above the rest.Quote:
Originally Posted by james
I am clearly more than three times, I feel almost all traders many defeats early in their trading average they are always breaking the rules that have been created by successful traders before them.
it is my point of view. If any member doing work by online and earn monies. It's called forex job. When you invest monies in forex.it's called business
I havee been trading in the forex market for long time, when i start here i blow account many times but it is only on demo account. After long time on demo account i get more experience and avoid that on my real account.