No problem, he is up over 17K$ yet and ready to recovery i hope!
- #108
- Feb 20, 2012 8:42am Feb 20, 2012 8:42am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
hey anup i think i said it before - but to beenfit from a mistake and avoid it from happening again i think we need to learn from them.
Fact: you are leveraging too much and you don't use stops.
Suggestion: lower to 1:10 or lower. and use good stops try not to risk a lot of the account. most like the 1-5% per trade risk max.
Truth: only u can decide what to do - its not my account and its just a friendly suggestion.
i wish you all the best whichever way you will trade
Fact: you are leveraging too much and you don't use stops.
Suggestion: lower to 1:10 or lower. and use good stops try not to risk a lot of the account. most like the 1-5% per trade risk max.
Truth: only u can decide what to do - its not my account and its just a friendly suggestion.
i wish you all the best whichever way you will trade
Have I got something on my face, SOLDIER?
hey anup i think i said it before - but to beenfit from a mistake and avoid it from happening again i think we need to learn from them.
Fact: you are leveraging too much and you don't use stops.
Suggestion: lower to 1:10 or lower. and use good stops try not to risk a lot of the account. most like the 1-5% per trade risk max.
Truth: only u can decide what to do - its not my account and its just a friendly suggestion.
i wish you all the best whichever way you will trade
I trade a much larger account worth 7 figures for a risk per trade of 0.5 % each trade and max at time 1%.
This is just my personal account where i earn money to invest in other things , diversify and try out new things !
Thanks for the advice though..
BEING PROFESSIONAL IS ALL ABOUT HOW YOU CONTROL FASTEST THING--UR MIND!
Hello Anup
Welcome back, this is Forex sometimes you lose, me I blow off aproximatelly 10 accounts and now I trade on demo accounts. Shit happens.
Good luck and many pips.
Regards
Well i guesswho else can know more than me because i have lost and made in few hundred k's over last six years in trading ....
All the best to you too...
No worries for me since i am already up 39k for the year !!
BEING PROFESSIONAL IS ALL ABOUT HOW YOU CONTROL FASTEST THING--UR MIND!