As forex traders, one way or another we blow up our account once or more as a beginner, this doesn't apply to beginners alone as some who are competent/proficient traders also blow up their account due to factors like greed, revenge trading, seeing forex as a get rich quick scheme, etc.
So my question is how many time have you blown your account and what step did you take, did you gave up on forex trading or buckled up to become an expert.
do note that almost if not all beginners blow up their account a couple of times and that's why 80% or more loose their money only about 20% or less are profitable.
as for me I've blown my account twice and i did not give up i continued learning more and more and i can tell that i am getting better and i don't stop learning.

Valevilla:
As forex traders, one way or another we blow up our account once or more as a beginner, this doesn't apply to beginners alone as some who are competent/proficient traders also blow up their account due to factors like greed, revenge trading, seeing forex as a get rich quick scheme, etc.
So my question is how many time have you blown your account and what step did you take, did you gave up on forex trading or buckled up to become an expert.
do note that almost if not all beginners blow up their account a couple of times and that's why 80% or more loose their money only about 20% or less are profitable.
as for me I've blown my account twice and i did not give up i continued learning more and more and i can tell that i am getting better and i don't stop learning.

Forex and cryptocurrency has been giving hypertension since 13th century.

I prefer to learn a skill where I get paid for my work.e.g writing, software development e.t.c.Laptop is just the issue here.

Meanwhile,you should have posted this in business section.







I love the seas

[quote author=Albertone post=103941730
I love the seas [/quote]
Forex and cryptocurrency has been giving hypertension since 13th century.

I prefer to learn a skill where I get paid for my work.e.g writing, software development e.t.c. Laptop is just the issue here.



I get why you said it has been giving hypertension since...... that's because the way brokers make their adverts in such a way that illiterates and unexperienced individuals see it as a get rich quick scheme making a lot of people to invest into it and loose their money.
On a serious note FOREX is a business and should be treated as one. as a forex trader you're not suppose to follow the hype on social media where you'd see videos of traders living in luxury some are true but most are false.
A lot of traders also buy trading tools and robot to help them trade which turns out to be another loss because if the robot is efficient then the seller should be using it to make money instead of selling it to desperate individuals who want to make 1million overnight with a small capital .
Also it takes months or years to be profitable in forex and as a trader learning never stops and forex needs devotion.

Valevilla:





I get why you said it has been giving hypertension since...... that's because the way brokers make their adverts in such a way that illiterates and unexperienced individuals see it as a get rich quick scheme making a lot of people to invest into it and loose their money.
On a serious note FOREX is a business and should be treated as one. as a forex trader you're not suppose to follow the hype on social media where you'd see videos of traders living in luxury some are true but most are false.
A lot of traders also buy trading tools and robot to help them trade which turns out to be another loss because if the robot is efficient then the seller should be using it to make money instead of selling it to desperate individuals who want to make 1million overnight with a small capital .
Also it takes months or years to be profitable in forex and as a trader learning never stops and forex needs devotion.

Maybe true.
But that period before I become profitable...which money will I be spending at that time

I understand what you said though.







I love the seas

I Learnt that Forex and bet9ja are twins brothers..... if am right click the LIKE buttom, if am wrong click SHARE

Forex trading is actually more difficult than most people think

I blew accounts but it's all worth it,forex reshapes builds you. There are many problems you would have to take care of psychologically if you want to become a profitable trader, if you cant change the ways you react towards wins and losses then you would never be profitable,you should also always have a "plan" and also your patience to wait for entries/setups should be top notch and also very important "Do not be undercapitalized" it's not good for your trading psych and you'd feel you know nothing especially when you see people making mad monies on social media(with less pips at that) but you making 150pips on some trades but you couldn't make 10% of what some people have made when they catch 10-15pips. Get enough capital and build a plan which you can follow all day every day. Trading is the easiest-hardest job on this planet go figure.

I’ve blown my account more that two times and I’m still not giving up.
N:B: I’m not a baby trader.

However, if you want to make it big in forex, make sure your capital is good.
You can as well get another source of income which you will be living on for the main time till your forex account becomes huge.

As for me, I’m into affiliate marketing and freelancing.

Until I have over $1k to put back into my forex a/c. Brokers ain’t getting nothing off me again.