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lyoshatin
May 07 2020 at 14:29
17 сообщений
If you analize your mistakes, then you will start to loss less and less. Never give up, only dont repeat your mistakes.

bylocelhi
May 07 2020 at 18:48
2 сообщений
I think one time is good. If you are trading forex with mid set of get rich quick then quit now.

andrew_2
May 08 2020 at 10:52
37 сообщений
Well in fact, there are dozens of factors why you may blowing up.
First of all as for me it takes unforeseen situations in the market. Perhaps you opened a trade on the news, but the market went against you. Or gap for example. The second important factor, you received the wrong signal and as a result you blew up. The third factor incorrectly distributed risks and money management. In general there are a lot of factors but the main thing is you understand what was the mistake and did not make it anymore.

Good luck anyway.

frickshow
May 08 2020 at 13:44
19 сообщений
Don't ask question like that. Ask 'how many times blowing account before GETTING RICH'. Don't think negative of yourself - all your thoughts are forming you. You are what you think of yourself. Don't risk everything you have. And if you keep blowing up your account, maybe you are doing something wrong?
Talk to other traders, analyze what they are doing right and implement that in your life.

iMi (yousafzai)
May 11 2020 at 08:57
9 сообщений
Professional4X posted:
esierra77 posted:
Hello, Ive been trading for a couple of years, Ive done my homework, develope a consistent demo account strategy, and for some reason when I go live, I start making money, something happens and end up losing my account, its all in my head, would there be a time, when i stop making mistakes?


Focus on RISK MANAGEMENT as your #1 priority. Everything else is secondary to risk management.

The difference between a profitable trader and a losing trader is RISK MANAGEMENT.


isn't he lucky to have received this reply as the FIRST reply... there is NO need for another reply....even this one, the one I'm writing is useless...

Want What the Market Wants - Stay in the Now with an Attitude of Gratitude
wirymace
May 11 2020 at 11:09
9 сообщений
yousafzai posted:
Professional4X posted:
esierra77 posted:
Hello, Ive been trading for a couple of years, Ive done my homework, develope a consistent demo account strategy, and for some reason when I go live, I start making money, something happens and end up losing my account, its all in my head, would there be a time, when i stop making mistakes?


Focus on RISK MANAGEMENT as your #1 priority. Everything else is secondary to risk management.

The difference between a profitable trader and a losing trader is RISK MANAGEMENT.


isn't he lucky to have received this reply as the FIRST reply... there is NO need for another reply....even this one, the one I'm writing is useless...


Are you being sarcastic? I thought the reply about risk management was very useful

Evelyn55
May 13 2020 at 06:48
51 сообщений
lyoshatin posted:
If you analize your mistakes, then you will start to loss less and less. Never give up, only dont repeat your mistakes.


You are right. If we don't learn from our mistakes we would never be profitable in forex trading. Therefore, we must review our trades and see where we went wrong to avoid them in future.

shirtgeek
May 13 2020 at 10:25
9 сообщений
Your account should only blow up once at most. If you do not learn from that and prevent it happening again then forex is not for you

jordonjamesson
May 13 2020 at 15:47
22 сообщений
shirtgeek posted:
Your account should only blow up once at most. If you do not learn from that and prevent it happening again then forex is not for you

Mr, Shirtgeek has a point. But you can't be sure. Sometimes some things can appear... You can't protect yourself from everything.

Marton (Marton64536t)
May 22 2020 at 11:48
6 сообщений
I have been in this business for a very long time, and I constantly need to monitor everything that happens in the world so as not to miss my chance. Use demo accounts better and believe in yourself

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