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How many trading accounts have you blown?

Rococo_XVII
Sep 30 2022 at 11:54
posts 106
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
I blew one account. It was more then 4 years ago. I decided to open real one and had about $3000. And because of my huge mistake I lost almost all my capital. After that I became very cautious.

Well it can happen to anyone.

Blowing up accounts taught me a lot about myself and trading in overall.

Hope you are trading better these days! Rock on!

Thank you. For now I am really feeling more better than any time. The loss helped me to be more attentive. And careful. Now I got back what I once lost. And very happy about it.

I'm very glad to read that! Keep up the good work!

Thank you.
And what about you? Did you recover after blow the account? How much time did it take?

Yeah I recovered, took a few months, wasn't easy. But at least I accomplished my goal.

Wow. This is great. What is your goal? Is it about 10 000 of profit during this period?
Think thrice before opening an order
Market Wizard (master800ve)
Sep 30 2022 at 22:44
posts 45
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
I blew one account. It was more then 4 years ago. I decided to open real one and had about $3000. And because of my huge mistake I lost almost all my capital. After that I became very cautious.

Well it can happen to anyone.

Blowing up accounts taught me a lot about myself and trading in overall.

Hope you are trading better these days! Rock on!

Thank you. For now I am really feeling more better than any time. The loss helped me to be more attentive. And careful. Now I got back what I once lost. And very happy about it.

I'm very glad to read that! Keep up the good work!

Thank you.
And what about you? Did you recover after blow the account? How much time did it take?

Yeah I recovered, took a few months, wasn't easy. But at least I accomplished my goal.

Wow. This is great. What is your goal? Is it about 10 000 of profit during this period?

Well When I lost everything it was around 40k and now Im up on 65k, my profits they go from 3:1 to 2:1, If there is a market condition that will allow to do even more I'll hop on that.

And I became consistent on my drawdowns, I never let my account go below 6% on a trading session, if that happens I'm out of that trading session.

It's just weird how just the mindset settles when you have been a lot through the trading arena.

As far as goals go, well I hope to reach 100k at some point. I don't mind how long it takes, just want to get there.

What's your goals?
Rococo_XVII
Oct 03 2022 at 12:56
posts 106
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
I blew one account. It was more then 4 years ago. I decided to open real one and had about $3000. And because of my huge mistake I lost almost all my capital. After that I became very cautious.

Well it can happen to anyone.

Blowing up accounts taught me a lot about myself and trading in overall.

Hope you are trading better these days! Rock on!

Thank you. For now I am really feeling more better than any time. The loss helped me to be more attentive. And careful. Now I got back what I once lost. And very happy about it.

I'm very glad to read that! Keep up the good work!

Thank you.
And what about you? Did you recover after blow the account? How much time did it take?

Yeah I recovered, took a few months, wasn't easy. But at least I accomplished my goal.

Wow. This is great. What is your goal? Is it about 10 000 of profit during this period?

Well When I lost everything it was around 40k and now Im up on 65k, my profits they go from 3:1 to 2:1, If there is a market condition that will allow to do even more I'll hop on that.

And I became consistent on my drawdowns, I never let my account go below 6% on a trading session, if that happens I'm out of that trading session.

It's just weird how just the mindset settles when you have been a lot through the trading arena.

As far as goals go, well I hope to reach 100k at some point. I don't mind how long it takes, just want to get there.

What's your goals?


My goal for now is reaching 100k to the end of the year. I hope to reach it. Now my capital is $87 770. I always try to reach about 2-3% per trade. And my drawdown now is about 8%.
But I want to improve my trading system and increase my capital twice next year.
Think thrice before opening an order
Market Wizard (master800ve)
Oct 03 2022 at 16:00
posts 45
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
master800ve posted:
Rococo_XVII posted:
I blew one account. It was more then 4 years ago. I decided to open real one and had about $3000. And because of my huge mistake I lost almost all my capital. After that I became very cautious.

Well it can happen to anyone.

Blowing up accounts taught me a lot about myself and trading in overall.

Hope you are trading better these days! Rock on!

Thank you. For now I am really feeling more better than any time. The loss helped me to be more attentive. And careful. Now I got back what I once lost. And very happy about it.

I'm very glad to read that! Keep up the good work!

Thank you.
And what about you? Did you recover after blow the account? How much time did it take?

Yeah I recovered, took a few months, wasn't easy. But at least I accomplished my goal.

Wow. This is great. What is your goal? Is it about 10 000 of profit during this period?

Well When I lost everything it was around 40k and now Im up on 65k, my profits they go from 3:1 to 2:1, If there is a market condition that will allow to do even more I'll hop on that.

And I became consistent on my drawdowns, I never let my account go below 6% on a trading session, if that happens I'm out of that trading session.

It's just weird how just the mindset settles when you have been a lot through the trading arena.

As far as goals go, well I hope to reach 100k at some point. I don't mind how long it takes, just want to get there.

What's your goals?


My goal for now is reaching 100k to the end of the year. I hope to reach it. Now my capital is $87 770. I always try to reach about 2-3% per trade. And my drawdown now is about 8%.
But I want to improve my trading system and increase my capital twice next year.

We are going to get there! Rock on!
liveking35
Oct 04 2022 at 17:21
posts 3
I have blown 4 but thanks to that guy on twitter I will not be able to blow any :D
Market Wizard (master800ve)
Oct 05 2022 at 15:04
posts 45
liveking35 posted:
I have blown 4 but thanks to that guy on twitter I will not be able to blow any :D

Its a hard lesson but a worthy one!
Scortation
Nov 11 2022 at 07:07
posts 26
I haven’t really blown any live trading accounts. When I was a beginner, I would take a break from trading once I see the drawdown increasing beyond my set limit. That way I am able to save my account before it’s blown. I think even a new trader can trade without blowing up their account if they pay enough attention to risk management.
HeavenLeighGill (HeavLeighGill26)
Dec 09 2022 at 14:42
posts 401
liveking35 posted:
I have blown 4 but thanks to that guy on twitter I will not be able to blow any :D
What guy on Twitter? Can you elaborate on this? I'm curious lol
Chrisewon
Jan 24 at 06:11
posts 1
I have blown 2, 3200$
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