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How Overconfidence Made Me To Destroy 1.4 Million In Forex by ebenezary(m): 1:26pm On Jun 22, 2019 |
I have experienced in forex market with over 10 years of be in the game. Liteforex runs monthly contest and top winner takes home $4000 you can search for my nickname there is "lolo" with the very strict rules on lots size usage l traded for just one week using fundamental strategy and l sitting on number one in the contest but I want to win with very big margin unknowingly am digging THE FALL of the account because you must not have floating loss of 25% of your current account even if the trade is profitable in the long run If you look at gbp/usd on daily time frame you will see from Wednesday to Friday, market was bullish but the correction on Friday caused the floating loss cause me to lose the prize despite the trade end up profitable I will post the result image of all trade without a loss |
Re: How Overconfidence Made Me To Destroy 1.4 Million In Forex by nosiebaba(m): 1:44pm On Jun 22, 2019 |
ebenezary:In forex you can't claim to be too smart. Most of the time You only make profit when others lose. So when you lose someone else is rejoicing |
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