HOW MUCH DID YOU LOSE IN FOREX

[Sofiq5878]

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

Thank you so much for sharing your experience. Its really very helpful for me.
But money management is really important in forex trading??

 

[mlawson71]

Money management and risk management go hand in hand when one trades. Without them people just lose money.

 

[garyp]

Im still at break even after live trading for several months