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First Margin Call - Feel like a complete loser

MonkeySee71
Jun 02 2020 at 12:36
2 โพสต์
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.




francesco comi (francescocomi)
Jun 02 2020 at 15:18
1 โพสต์
Negan83
Jun 03 2020 at 13:48
1 โพสต์
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.

LyudmilLukanov
Oct 07 at 14:49
644 โพสต์
Yeah. I also face that mistake. It’s really bad.

SofieAndreasen
Oct 07 at 20:56
661 โพสต์
It is good to learn from the mistake. After all, we are all human.

marindateal
Oct 21 at 04:04
53 โพสต์
Discipline is the most important thing in forex, but on the other hand, experience comes with mistakes, so always be careful when taking trades.

Karlos Fandango (Smith2525)
Oct 24 at 23:53
77 โพสต์
It happens mate.... I blew about 6 accounts a couple of years back... Luckily none for a while now

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