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

  1. #17
    Banned nikam is on a distinguished road nikam's Avatar
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    It has been same with me too. I have been wiped out 3 times during my trades. I lost all my money then. I was really stupid not to close the trade when the trends were moving against me so vigorously. But now I have recovered that loss and I am never making that mistake 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.


  2. #16
    Member furiya is on a distinguished road furiya'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. #15
    Banned sarwars is an unknown quantity at this point sarwars's Avatar
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    Yes 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 is target and they will get much money in less time so they open the trades with big lot sizes and they got nothing but loss to their accounts.

    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. #14
    Senior Member ali1011 will become famous soon enough ali1011's Avatar
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    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 .

    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. #13
    Banned yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh's Avatar
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    Short term or intraday traders use high leverage often and expect to get very high profit, equally their trade have to face risk, if entire margin is used there are good chances of blowing account in volatile market conditions, i some time dont use stop loss especially when i feel i shall lose more than 60% capital if stop loss is triggered so why not take little more risk of blowing account or increase more chances of returning in profit, so i burnt my account several times already.

    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. #12
    Senior Member prem is on a distinguished road prem's Avatar
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    these things mostly happen in many beginners and they did just because they think they will get much money in less time so they open the trades with big lot sizes and they got nothing but loss to their accounts.i have lost five accounts because not using take profit and stop loss.

    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. #11
    Banned THE ACE is an unknown quantity at this point THE ACE's Avatar
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    1 time before , i got a blow off of my account of 100$ that i invested in my instaforex account . after that i reduced my lot size and learned to put stop loss in my trades . after that i never get a such big blow and always try to make little profits with respect to my investments.

    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.


  8. The Following 2 Users Say Thank You to THE ACE For This Useful Post:

    IGI (2018-04-12), ntn (2019-09-08)

  9. #10
    Member aniket will become famous soon enough aniket will become famous soon enough aniket's Avatar
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    good question accounts will blow again and again until we learn from mistakes and failures , more over one should strict to money management lot size should depend on type of a/cs we open...

    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. The Following 2 Users Say Thank You to aniket For This Useful Post:

    IGI (2018-04-12), ntn (2019-09-08)

  11. #9
    Banned s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19's Avatar
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    i lost my trading account one time..
    greed and crossing money management rules are very dangerous.. due to these factor i will lost my account.
    if my greed was in money management then may be i will save my account but my greed is out of my managements so i will lost my account.

    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.


  12. The Following User Says Thank You to s19 For This Useful Post:

    ntn (2019-09-08)

  13. #8
    Senior Member mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam's Avatar
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    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.
    Pliz do comment here if you like the post

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