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

[pravi]

Yeah i know that they provide us with multiple accounts. But will they allow with the same details? By the way i havnt done anything with the old accounts. Its left as such. I not sure whether it can be deleted. Have anyone tried deleting the account? If yes please tell the procedure.

[newentry]

i forgot for it, but for the first years i traded, i often got margin call and then i blew up my account,..., yes this was my heavy experiences that i had to accept some losing and almost make me got frustration and leaved this business, now i see that forex is a beautiful business after i can master one of many strategies and make it profitable

[xiaotanghao]

For me,I have blowed out my account forex three times.The fisrt time was my account in marketvia,which I just lose $5 there.The last two was my account in instaforex.Though I have lost my account there,I think I have learn more from that.I know I should control my emotions better.I know I should not trade over and over again during my lose.there are still more should be learned in the future.

[Susti]

Never blown an account. I have closed account an opened another due lack of knowledge and by doing certain undesirable things. I believed its allowed i have used the same details. will i get a banned notice after i actually start trading?

I don't think that should cause a problem. Most of the brokers allow you to have multiple account anyway, but if you are not sure just contact support (most of the brokers have live chat support anyway). It is better to ask and be told then for your account to get closed because you didn't know. But like I said it shouldn't be a problem

[pravi]

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

Never blown an account. I have closed account an opened another due lack of knowledge and by doing certain undesirable things. I believed its allowed i have used the same details. will i get a banned notice after i actually start trading?

[Susti]

I blew about 5 accounts allready. Most of them due to greed and wanting to cover my losses. Guess I learned to take the loss in stride the hard way, so now I don't try to get it back fast, I just analyse the market more and move on.
But yes I think this is really normal in forex, everyone blows their first and their second account. And if they don't they were probably trading in a demo account for a couple of months

[panicky]

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.

[donofforex]

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

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 houn

[iwan]

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.

[mohamedsaleh]

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