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

[pooja]

I have blown my account many times now and honestly now i even do not remember how many times I have blown my account.I think every trader faces this situation and most of the successful traders must have faced the same thing I believe.

[nilesh]

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 " .

[alam]

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 .

[pooja]

I have blown my account only once in my forex trading with live account. Then I traded the 1$ lot size on a $45 account and I made good profits but then I blew the account when I left a bad trade to run.

[alam]

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.

[sangam]

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.

New traders are the ones who suffer from multiple margin calls in their trading accounts. And they have to think about how they are going to deal with this situation and also the fact that most of the times they are really not following the rules of Forex trading and effective money management.

[dragon]

i have blow my accounts for 3 times since joining. after that, from last 2 months i have make some profit and happy with current account. i loos my account mainly because of lack of practice and lack of knowledge on Forex.o, do more practice, otherwise you will loose your account like me.happy trading

I think you should learn from your mistakes which you've made that cause your account has lost 3 times. If you didn't make
same mistakes, then you could learn from three mistakes that could make you suffer Margin Call. The most important thing
to prevent Margin Call is money management.

[sonia]

i have blow my accounts for 3 times since joining. after that, from last 2 months i have make some profit and happy with current account. i loos my account mainly because of lack of practice and lack of knowledge on Forex.o, do more practice, otherwise you will loose your account like me.happy trading

[naik]

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

I have blown my IFX forex account a number of times, but that was when i broke all forex rules and trade any way that i like. I think i have blown an account about 4 different times.

[sangam]

I dont think we should let our account blow due to short margin, either we should use such a low leverage that we can manage to keep our account away of margin call, or we should use stop loss tool always so that our trade stops if it start going opposite to our prediction.

i have learn the trades from the loss and i have no hesitation in saying that i have blown the account many times. And the best thing that i have got to learn is the effective use of the money management which gives me good control also over the trading funds.