Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Overconfident
Föregående 1 2 3 4 5 6 .. 9 Nästa
Back4Good

Medlem sedan Dec 06, 2017  21 poster Back4Good Aug 12 2018 at 05:26
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson

hasanmumtaz

Medlem sedan May 20, 2011  8 poster hasanmumtaz Aug 12 2018 at 12:42
Was that a demo or live?

nasrul_poyo

Medlem sedan Sep 11, 2017  124 poster Nasrul (nasrul_poyo) Aug 13 2018 at 08:23
In Forex trading, u should put away your thought that your entry would be perfect and sharp entry.
Just think, if so many of us thinking like u, sure many unregulated brokers are close down now.
Too many having perfect entry yell

Szabolcs1985

Medlem sedan Jul 26, 2018  9 poster Szabolcs1985 Aug 13 2018 at 10:24
I would settle for an imperfect entry as long as I got the direction right. Just knowing that I could make 50pips a week every week would be incredible for me

TeddyBrendon

Medlem sedan Jul 27, 2018  7 poster TeddyBrendon Aug 13 2018 at 14:42
I find that I get direction right but the stop loss wrong. So if a go Long with a stop loss of 20 pips the price will fall 25 pips and then reverse and head upwards :(

togr

Medlem sedan Feb 22, 2011  4834 poster vontogr (togr) Aug 14 2018 at 10:17
It is easy to become overconfident when you are lucky and make a huge pile of money
But is is even easier to lose it that way.

GreenTrades

Medlem sedan Aug 16, 2018  11 poster GreenTrades Aug 16 2018 at 10:50
Back4Good posted:
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson


When you didn't find the solution, lesson is the one. And if you don't want to go wrong in the first place, catch the valuable advises as much as you can. :)

togr

Medlem sedan Feb 22, 2011  4834 poster vontogr (togr) Aug 16 2018 at 11:00
Back4Good posted:
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson


You have to have good trading plan
You have to stick to it.
Was the trade size increase part of your trading plan, it was not, right?

hayqinsb

Medlem sedan Sep 01, 2010  10 poster hayqinsb Aug 17 2018 at 00:52 (editerad Aug 17 2018 at 00:52 )
Back4Good posted:
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson
you are very much placed to be successful buddy. keep going and sure you have really learnt your lesson

hayqinsb

Medlem sedan Sep 01, 2010  10 poster hayqinsb Aug 17 2018 at 00:54
Szabolcs1985 posted:
I would settle for an imperfect entry as long as I got the direction right. Just knowing that I could make 50pips a week every week would be incredible for me
perfect mindset.

Föregående 1 2 3 4 5 6 .. 9 Nästa
Loading
Loading
EURUSD 1.19194 GBPUSD 1.33615
USDJPY 104.42 USDCAD 1.30055

Tools

Community

Recensioner

Mäklare

Plattform

Hjälp


Twitter |  Facebook |  Sitekarta  |  Villkor  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.