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HOW MUCH DID YOU LOSE IN FOREX

2.70 star(s) 3 Votes
These 3 things are very important for survival in trading. I never try to trade without discipline and plan. If a trader tries to trade without discipline, he can never be a profitable trader.
 
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
I loss in fx $1000 avg, because not set SL
 
i lost 1500 to scam although they claim they made wrong judgment in them. slowly they are giving me back. monthly $3. what a joke!
 
Risk management is needed to avoid loss. If a trader does not manage risk, he will never be able to make a profit. If you want to make a profit, you must manage the risk. And if traders think that I will trade without risk management then they will face more losses.
 

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