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How much have you lost in forex trading?
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Cpxpoint

Member Since Oct 13, 2014  7 posts Cpxpoint International Limited (Cpxpoint) Nov 08 2014 at 17:25
It is all about risk control, limiting losses and choosing right entry point for the position with positive RRR. Once these are mastered there is almost no way one can be in loss in the long run.

fx_book

Member Since Jan 29, 2015  12 posts fx_book Feb 07 2015 at 18:14
Many friends of mine who I knew earn few money but lost huge in forex.
Honestly, I've tried demo account for about 1 year. But still don't have enough confidence to try real account.

GoldGuru

Member Since Mar 17, 2014  35 posts Sameer Arora (GoldGuru) Feb 08 2015 at 07:41
I lost loads in early years.. that was in 2007-08

I'm testing a team of traders these days.. initial results on demo att..
Attachments:

GoldGuru
dty12

Member Since Feb 11, 2015  25 posts dty12 Feb 12 2015 at 22:45
Fernandezz posted:
How much have you lost in forex trading?
How much have you lost before developing a winning strategy?

Please answer only if you have had a REAL account and your initial deposit was MORE THAN 25k. :) Thank you.


Would you believe it if I told you it's actually too much I don't even know?

togr

Member Since Feb 22, 2011  4443 posts vontogr (togr) Feb 17 2015 at 08:40
Geeding1 posted:
Hi Doolph. Good System sounds good, would you market your system? Im looking to invest in a system for my own personal use, be it an indicator or EA. Can you help me out?

@Geeding1
I have system to follow https://www.myfxbook.com/members/togr/fxprimusc21/756902

I like what I trade, I trade what I like
Geeding1

Member Since Sep 17, 2014  11 posts Tershia (Geeding1) Feb 18 2015 at 12:02
Dear Traders

I have looked in Forex art of War aka Vance Williams trading style. My colleague went through this course and is a brilliant trader. Can this make me a full time trader? Any advice

I'm seriously thinking to quit my job.



smiley

If it doesn't go your way - it will go my way
togr

Member Since Feb 22, 2011  4443 posts vontogr (togr) Feb 18 2015 at 13:35
Geeding1 posted:
Dear Traders

I have looked in Forex art of War aka Vance Williams trading style. My colleague went through this course and is a brilliant trader. Can this make me a full time trader? Any advice

I'm seriously thinking to quit my job.



smiley

@Geeding1
Dear Tershia,

I would suggest to keep the job you have until you learn how to trade. IMHO it takes several years to learn:) Once you have account demo or real where you would be able to consistently make profit you might be ready to be full time trader.

I like what I trade, I trade what I like
Krappet89

Member Since Jan 29, 2015  1 posts Romero (Krappet89) Feb 18 2015 at 19:42
I entered long forums where most lose money in this market and that has me very badly

Adribaasmet

Member Since Aug 27, 2017  645 posts Adribaasmet Feb 26 at 13:31
notbukaopu posted:
2k,told you is embarrssed

To be honest, I lost my 1st live account of 500$. Until then I have never faced MC in my live trading history.

niceGLer

Member Since Dec 28, 2013  136 posts niceGLer Feb 26 at 15:05
I've lost a bit less than $1k, it hurts but I think it is actually a reasonable amount. At first I lost in a rapid phase, then it slowed down. I started to win in 1M to 15M time frames. Then I tried to figure out how to trade in longer time frames, and began losing again. But the most rapid loss was with BTCUSD, since I thought it would be a nice idea to have something to do during weekends. Fortunately, I quit that stupidity, and started to win again. Now I'm only appr. 800 bucks in minus. This all took 4 years..

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.