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How much have you lost in forex trading?

BoneTrader
Nov 04 2014 at 08:44
35 posts
Around 6-7k$ in total. 5k from this sum was lost on the gold, that's why I try to stay away from metals now.

¡ŋ ђθς ş¡ģŋθ ұ¡ŋςəş /
theHand
Nov 04 2014 at 09:46
365 posts
@BoneTrader

Gold is very heavily manipulated, openly so. It's not really tradeable by conventional logic at the moment.

Tershia (Geeding1)
Nov 04 2014 at 09:58
11 posts
Guys what do yourl think about hedge trading using 3 correlated pairs?

If it doesn't go your way - it will go my way
5astelija
Nov 04 2014 at 19:43
54 posts
Couple of thousands... Promised myself to never manual trade again :D I have been building ea's now, and I think my current project will get the money back...

Would be nice to know how big % of all forex investors are lost more than won :D I guess it is around 90%

Vlad (vladrac)
Nov 04 2014 at 22:01
210 posts
5astelija posted:
Couple of thousands... Promised myself to never manual trade again :D I have been building ea's now, and I think my current project will get the money back...

Would be nice to know how big % of all forex investors are lost more than won :D I guess it is around 90%


Do a 'simple statistical' check. Pick random 10 (or how many you feel like ;) ) traders in any of these sites where ppl post their results. For example: forexfactory.

And see for yourself.

Cheers,
Vlad

Vlad (vladrac)
Nov 04 2014 at 22:02
210 posts
Geeding1 posted:
$3000 using FAPT2 😡


Is this the non-stop spam email EA I get all the time? Fap Turbo?

Cheers,
Vlad

moneyfred2014
Nov 05 2014 at 14:53
2 posts
My acct was just bombed with $3k loss, don't know if I ever come back except with small gambling money. The cause? Not enough protection from stop loss, not enough winning trades, USD takeoff you name it.

Curran (sareen)
Nov 05 2014 at 15:07
63 posts
90-90-90 rule?
Anyone heard of it?

90% of traders lose 90% of their account balance within 90 days of opening their account

The question is, how do we prevent this from happening to 90% of people?

Is it the broker's fault? Or the trader's fault?
How can you call yourself a trader if you don't know how to risk manage?
Also, surely there can be no correct risk management when it comes to binary trading as your risk will never be less than your reward, however people prefer it as it appears more simple (i.e. more easier to throw away money) than Forex.

When you lose, don't lose the Lesson
Vlad (vladrac)
Nov 05 2014 at 16:56
210 posts
moneyfred2014 posted:
My acct was just bombed with $3k loss, don't know if I ever come back except with small gambling money. The cause? Not enough protection from stop loss, not enough winning trades, USD takeoff you name it.


You blew your account after the FOCM announcement !? really?

I was just asking in another thread , who would be trying to sell USD during that rally!!!!

Now I know.


5astelija
Nov 06 2014 at 07:37
54 posts
I think the cause is prerrt simple: Only way to earn in forex is to have skill to predict the market.
We think that we have that skill, based on few lucky trades, but actually only minority actually knows where the market is going.
Others are just gambling, no matter how good 'risk management' they have.

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