First Margin Call - Feel like a complete loser

Jun 02, 2020 at 12:36
743 Просмотры
6 Replies
Участник с May 17, 2020   1 комментариев
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.



Участник с Nov 17, 2016   1 комментариев
Jun 02, 2020 at 15:18
evrybody has done this kind of mistake
Участник с Sep 23, 2017   1 комментариев
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.
Участник с Jul 23, 2020   816 комментариев
Oct 07, 2021 at 14:49
Yeah. I also face that mistake. It’s really bad.
Участник с Jul 23, 2020   696 комментариев
Oct 07, 2021 at 20:56
It is good to learn from the mistake. After all, we are all human.
Участник с Jun 14, 2021   51 комментариев
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.
Участник с Mar 15, 2019   76 комментариев
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
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