How much have you lost in forex trading?

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.

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.

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..

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?

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

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.



😄

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.



😄

@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 entered long forums where most lose money in this market and that has me very badly

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.

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..

niceGLer posted:
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..

Less than 1K? That’s really bearable; so I am sure you have learned a lot from your own trading mistake.

My biggest loss in Forex is 25k EUR!

Wow. I hope that you are rich and 25k isn't much to you. I was down $1k but have made most of that back now. I would have freaked if I was down 25k

Josephius posted:
My biggest loss in Forex is 25k EUR!

Oh; sorry for you! It’s really a big amount! But, I guess you lost that amount in your early stage of trading; isn’t?

Adolis posted:
I have lost like seeveral thousands in all time if I remember that all correctly. WE all have our learning curve here anyway. So losses are just there and unavoidable. Lot of people lost much bigger amounts than me, so I am totally fine with that. I am in green now anyway;)

Oh!!! I hope, now you are following the rules of money management properly!

Josephius posted:
My biggest loss in Forex is 25k EUR!

That's a big one. how did you cope up?

whitero posted:

Josephius posted:
My biggest loss in Forex is 25k EUR!

That's a big one. how did you cope up?

No doubt on it; even my running trading equity is below 10K!

we always advise to learn basic level for beginners level , but learning can be useless if there is no regular practice in demo or micro account , so besides learning it is more appropriate to emphasis on practice session  

I wouldn't even start to describe all that, I do know that we really need for sure to make it possible anyway for any reasons out there. We really need to contact with you on any possible level for money. I have lost for example around ten thousands of dollars.