Forex Account Blown

500 1k deposit funds in it. Having a blown trading account is a normal part of your trading career.

M3 Forex Navigator Retirement Account Balance Forexrobotra Flickr

I eventually walked to work and yes i blew up the account.

Forex account blown. Blew 7 accounts in 6 months in my early days trading forex each with approx. Most forex traders blow at least one account in their first two years of trading. In this post i share a 3 step pr! ocess to recover and get back on track.

Some traders allow the negativity to sink in causing them to believe that they will never be good enough to be consistently profitable. So before you curse the forex gods and ruin your karma forever lemme share with you four steps that will help you get back on the right track. So many in fact that i was not able to pay my fuel for my car to get to work because i had put all my money into an account because i had expected after blowing up the last account i would recover.

The first positive step towards recovery is accepting that you blew up an account. I have blown up my forex account many times. Also lost a fresh funded accounts in like 2 hours once.

Brandon boyd discusses what exactly happens when you refuse to use your head when trading. You will go through a phase where blowing forex account is something you need to deal with at the start. Successful traders push t! hrough and understand that there are risks involved in trading! .

Why You Blew Up Your Forex Account New Trader U