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

  1. #67
    Member krishan is on a distinguished road krishan's Avatar
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    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 "

    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.


  2. #66
    Member krishan is on a distinguished road krishan's Avatar
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    I have done this job about 4-5 times but every time when I did it I learned a new lesson. Now I am more careful in trading and try to trade with small lot size. If we follow the forex rules then we can avoid getting MC again and again.

    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.


  3. #65
    Highly Reputed Member ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara's Avatar
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    Quote Originally Posted by jai View Post
    It is very painful for blow account. I also blow few account it was very hard to digest.
    I then realize i dont follow my rules properly then my account blow.
    So everyone should follow there rules perfectly.
    Hahahahah, i understand what you mean by not being able to digest the fat that we have lost all our investments. With time we would get over it. It is all about experience and trading development.

    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.


  4. #64
    Senior Member jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai's Avatar
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    It is very painful for blow account. I also blow few account it was very hard to digest.
    I then realize i dont follow my rules properly then my account blow.
    So everyone should follow there rules perfectly.

    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.


  5. #63
    Highly Reputed Member ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara's Avatar
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    Big lots sizes would never help any trader, it wipes our accounts. I have wiped my account a number of times and now i trade better because i know my reasons for losses and i am working towards eliminating it.

    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.


  6. #62
    Member Abdomhadi will become famous soon enough Abdomhadi's Avatar
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    yes we all can experience this problem so it must be very careful because all your work will be banner and that is that is pa prfrable.Donc to avoid all actions of account deletion you have these qu'aplliquez rules:
    do not post the same topic
    not have multiple accounts and use them in the same computer
    not thank you post ...... Etc.

    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.


  7. #61
    Senior Member dmambi is a jewel in the rough dmambi is a jewel in the rough dmambi is a jewel in the rough dmambi's Avatar
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    I have blown my account only once and now i am trading with my second account. The first account i lost because of my fault of not setting stop loss for my sell orders in silver thinking that it's price will not fall within a day around 500 pips, but it did so and blew my account.
    HUM HONGE KAAMYAAB HUM HONGE KAAMYAAB EAK DINA
    WE WILL BE SUCCESSFUL ONE DAY
    NAAVU GEDDE GELTIVI ONDU DINA

  8. #60
    Member m3x_19 is on a distinguished road m3x_19's Avatar
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    Quote Originally Posted by james View Post
    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
    Hey we are same friend, i did 3 times of margin call. In my point of view that's all because i was too dumb to follow other signal than my own analysis, and that blow was really irriatating, because the price was moving according to my analysis instead pf the signal.

    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.


  9. #59
    Member fxquest has a spectacular aura about fxquest has a spectacular aura about fxquest's Avatar
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    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.

    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.


  10. #58
    Banned rosalia is an unknown quantity at this point rosalia's Avatar
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    It's not big deal how many times we have blown out our account because it has happened. The most important is learning
    from our mistakes and in the future, we always setted good risk management in any situations in the market so we won't
    lose more than we could accept in each transaction.

    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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