HOW MUCH DID YOU LOSE IN FOREX

[emelaine Oberio]

Everybody in forex did not start as an expert. Back when you were still a newbie, how much did you lose before you start making profit? Can you share some experience and mistakes that newbies like me should avoid?

 

[beeo]

my overall loss is about $40.000
my 3 biggest mistakes:
1) To greedy
After winning good results i could not stop for this session, in the end i lost all of my winnings and Even more

2) No moneymanagement
I didn’t know exactly how much i could Risk for Each trade, and had no strategy how to minimize risk

3) Never considered business news
With the economic calendar you can sort out risky currency pairs daily,
and Even get known about important things happening on markets

 

[beeo]

...i would advise you all...please consider all of my 3 greatest mistakes when i began trading...if you Look at these things, you can avoid much trouble and start your new hobby with a pleasure...

 

[mlawson71]

I have lost two accounts so far, I hope I'll do better with the third.

 

[byens]

12k lately. Before that 1k. And before that 100usd

 

[Barren]

Money management is really necessary in forex but also control of your leverage when placing your lots. A lesson I've learned the hard way

 

[tk520]

i lose maybe 20000USD. really want to win

 

[stephen Mitch]

I loose 300$ that I have kept for studies fees..
All I will say is not invest what you're not ready to loose

 

[Andrijosepth]

Quite many around 5000 for studying the trade

 

[Sello]

I have lost about $ 15000,and i am not about to give up

 

[Anthony95]

$1600 because of greed and forcing trades. I made it all back eventually

 

[amirhosseinezzati]

2000$ im loos in market
very bad day

 

[Juan569]

i lose 1000usd but in demo xD i am new user in forex.

 

[Shouma]

minimum 5000 but now I am profitable

 

[loka heng]

minimum 5000 but now I am profitable

good then

 

[Shallen Berry]

my overall loss is about $40.000
my 3 biggest mistakes:
1) To greedy
After winning good results i could not stop for this session, in the end i lost all of my winnings and Even more

2) No moneymanagement
I didn’t know exactly how much i could Risk for Each trade, and had no strategy how to minimize risk

3) Never considered business news
With the economic calendar you can sort out risky currency pairs daily,
and Even get known about important things happening on markets

Without pointers there are several traders who trade. I never trade with pointers. On naked outlines I trade. Any favor pointers I never utilize. Just volume I utilize. Diagram is vital, for price action analysis. The broker called ForexOne one of the award winning brokers I trade in my trading career due to their excellent customer support. With their lower spread I like to trade in this market very comfortably.

 

[alerta.forex]

Everybody in forex did not start as an expert. Back when you were still a newbie, how much did you lose before you start making profit? Can you share some experience and mistakes that newbies like me should avoid?

I think that losses are a natural thing in trading, it is similar to the cost of selling a product. The key is to minimize those losses with a good trading system, emotional control and I would add a set of tools where automated systems (bots) are essential to balance profitability and losses. And answering the question, in my case I have lost up to 50% of my capital, but I take it as an investment in training.

 

[Eurofly]

The technique of my trading is right but not so my greed for this continues to lose

 

[Nerkhor]

I have lost $5000 for trusting in signal providers and being greedy during fundamentals

 

[embrace111]

Thanks for sharing! Great info shared here! It can take time to perfect a strategy and become profitable