First Margin Call - Feel like a complete loser

Jun 02, 2020 at 12:36
Przeglądane 553
6 Replies
Uczestnik z May 17, 2020   2 postów
Jun 02, 2020 at 12:36
Was doing ok (well not really), then did the stupidest thing ever.

I forget to check my lot size, and went short on XAUGBP on M5 timeframe because I thought I saw a good reveral based on EMA 8,13,21.
No I didn't.
What I did do was lose £387 of my initial £500 first live trading account in around 30 seconds.

Feel like such a complete and utter prick.



Uczestnik z Nov 17, 2016   1 postów
Jun 02, 2020 at 15:18
evrybody has done this kind of mistake
Uczestnik z Sep 23, 2017   1 postów
Jun 03, 2020 at 13:48
Jesus at one time I was going that twice a week on live accounts and I can't even remember how many demos I and blown up like that. Just be sure to check your Lot size and remember you never stop learning.
Uczestnik z Jul 23, 2020   869 postów
Oct 07, 2021 at 14:49
Yeah. I also face that mistake. It’s really bad.
Uczestnik z Jul 23, 2020   759 postów
Oct 07, 2021 at 20:56
It is good to learn from the mistake. After all, we are all human.
Uczestnik z Jun 14, 2021   53 postów
Oct 21, 2021 at 04:04
Discipline is the most important thing in forex, but on the other hand, experience comes with mistakes, so always be careful when taking trades.
Uczestnik z Mar 15, 2019   82 postów
Oct 24, 2021 at 23:53
It happens mate.... I blew about 6 accounts a couple of years back... Luckily none for a while now
All or nothing
You must be connected to Myfxbook in order to leave a comment
*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.