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Thread: Have you Made profits by Mistakes ?

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    Banned nikhil_rrane is on a distinguished road nikhil_rrane's Avatar
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    Quote Originally Posted by speedy View Post
    I have come across with this situation many times when I opened a position and by mistake I opened a wrong position and found the trade in profit but I closed that position immediately as that position was against my analysis.
    Yes sometimes such things happen we want to hit buy button but by mistake we hit sell button. Anyway the magic behind this is that the trade which we place wrongly gets a positive direction. This type of things most commonly happen with me also. They are profitable 40% of the times.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member speedy will become famous soon enough speedy's Avatar
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    I have come across with this situation many times when I opened a position and by mistake I opened a wrong position and found the trade in profit but I closed that position immediately as that position was against my analysis.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned nsawork is on a distinguished road nsawork's Avatar
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    Quote Originally Posted by trijay View Post
    luck does not always come, better disciplined with money management rules, and use a lot size according to the rules of MM, learning is a necessity, began to proceed with studying the theory and lots of exercise, little by little we can understand the forex
    The new trader are not having any idea about the money management and thus they are the ones who are mostly affected by the market loss.

    We have to careful in this and make sure that the mistakes that we make never get repeated again and also we have to be sure that rules are followed.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned trijay is on a distinguished road trijay's Avatar
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    Quote Originally Posted by 100c View Post
    Some time we do mistakes and also get profit. I have two account in instaforex one is cent and other is standard account. one day I was trading in standard account and I put order Eur/Chf of only 1 lot where as in cent account 1 lot means 1 pips moves 1 cent, but in standard account 1 lot means 1 pips moves 100 cent so this was my major mistake and luckly it moves up to 10 pips and I took profit $10 and close it.
    luck does not always come, better disciplined with money management rules, and use a lot size according to the rules of MM, learning is a necessity, began to proceed with studying the theory and lots of exercise, little by little we can understand the forex

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member 100c has a spectacular aura about 100c has a spectacular aura about 100c has a spectacular aura about 100c's Avatar
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    Some time we do mistakes and also get profit. I have two account in instaforex one is cent and other is standard account. one day I was trading in standard account and I put order Eur/Chf of only 1 lot where as in cent account 1 lot means 1 pips moves 1 cent, but in standard account 1 lot means 1 pips moves 100 cent so this was my major mistake and luckly it moves up to 10 pips and I took profit $10 and close it.
    Last edited by 100c; 2011-09-24 at 06:13 PM.

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    Banned waheedpcc has a spectacular aura about waheedpcc has a spectacular aura about waheedpcc's Avatar
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    Quote Originally Posted by malik View Post
    Today i made 54 dollars profit by two consecutive mistakes and i am wondering how i got this profit today. I Placed a buy order for EUR/USD but the order was placed for USD/JPY by mistake. EUR/USD went against my desired price but i saw on my terminal my position was in profit. I was shocked what is happening and on later i saw the order was for USD/JPY and it was moving upward. I closed the trade manually on 15 dollars profit.

    On later i placed The order for EUR/JPY and i had to trade the volume of 0.5 mini lots but i place the order of 5 mini lots. I shocked when spread cost displayed 19.50 in my terminal. Price went against me for 3 pips and my loss reached to 39 $. I decided to close the position but at once it moved downward and it gave me 39 $ profit at once.

    Ever you made profits by mistakes like me ?
    really can an person make good amount of money by mistake i think it not true it`s actual you are lucky on that time and that is why you get the pips
    Well at this time i can`t earn even an single penny via forex trading but next month i`ll try my best

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member vikas will become famous soon enough vikas will become famous soon enough vikas's Avatar
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    no i have never made any profit by mistake but i cant stop myself by reading all the message here and found you are so lucky to make profit by mistake.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Yes, that happen sometimes in forex trading. Newbies who are still looking at luck to help them make profits always open trades without analysis and then they might get their TP hit by mistake, the market was just in their favour.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned loserbynature is an unknown quantity at this point loserbynature's Avatar
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    Quote Originally Posted by trijay View Post
    if you make a mistake or not disciplined trading with trading rules, but the result you get a profit, it is your luck, it's just luck alone
    I agree with you, it is a pure luck because in forex most of the time we can't get profit by placing the orders even on proper analysis.
    I have also got profit 2-3 times by mistakes.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned mohalia is an unknown quantity at this point mohalia's Avatar
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    Quote Originally Posted by malik View Post
    Today i made 54 dollars profit by two consecutive mistakes and i am wondering how i got this profit today. I Placed a buy order for EUR/USD but the order was placed for USD/JPY by mistake. EUR/USD went against my desired price but i saw on my terminal my position was in profit. I was shocked what is happening and on later i saw the order was for USD/JPY and it was moving upward. I closed the trade manually on 15 dollars profit.

    On later i placed The order for EUR/JPY and i had to trade the volume of 0.5 mini lots but i place the order of 5 mini lots. I shocked when spread cost displayed 19.50 in my terminal. Price went against me for 3 pips and my loss reached to 39 $. I decided to close the position but at once it moved downward and it gave me 39 $ profit at once.

    Ever you made profits by mistakes like me ?
    i have never make profit whith mistek but i think that brooker will corect all eror later so ther are no profit or loss whith mistek
    good luck

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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