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Old 24th September 2011, 13:51
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Default What's the most you lost by trading?

From what I read, the percentage of people who lose in Forex is pretty high. Some lose little money, some more. The secret I assume is to learn from it and recover. What's the most you lost in Forex?
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Old 24th September 2011, 21:17
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If you mean the biggest loss in a single trade then that's about $200 for me.
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Old 27th September 2011, 23:53
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Losses are definitely part of Forex. You cannot trade and expect to never lose. I guess you could call it the price of doing business. The most I've lost in a given month was about $750.
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Old 1st October 2011, 09:49
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Quote:
Originally Posted by dojo View Post
From what I read, the percentage of people who lose in Forex is pretty high. Some lose little money, some more. The secret I assume is to learn from it and recover. What's the most you lost in Forex?
Hi,
the most money i have lost in single day is around 5 000$, it was based on whole week, because i was under big presure and at the end my psychic fall down and i went all in, which was fatal mistake!

On another hand it was one of the best school of trading for me, it was from my begining and once i want to risk too much, i remember that day and don't do it
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Old 2nd October 2011, 10:49
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Wow! $5,000 is a lot to lose for single day! How did you recover psychologically from such a big loss? Did you have take a long rest from Forex at that point?
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Old 21st October 2011, 13:06
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This is really big amount. However, while doing business one should be mentally prepared for loss. Loss is part of business and doesn't mean that one can careless but should be smart enough to instruct his mind and recover from loss.
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Old 21st October 2011, 22:40
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Trading for 6 years... The first 3 years, I blew through 4 accounts.... Wasnt until account #5 to get my stuff right. Tought me a LESSON.. Experience for the rest of my Life
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Old 23rd November 2011, 11:08
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Trading in the forex market can be simpler, earlier and profitable for the traders; however, some steps should always be followed to get sure benefits in the forex market with secure trading. After all, every one enters into any kind of investment with expecting a certain sort of returns. The prosperous and risk free trading in the forex market remains the dream of every investor, especially for the forex beginner who is not at all sure of what he or she is performing.
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Old 29th November 2011, 15:42
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115$ for one day. It's not a lot money, but it was enough to close the meta-trader for two days.
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Old 29th November 2011, 16:03
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Just lost $100 Today, currencies like rollercoaster.... going up and down like crazy
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