Account Blowing Confessions

[Lee-me]

Have you ever blown your account? If yes, then why?

 

[CallahanSinclair]

I think it happens a lot . This can occur due to various factors such as poor risk management, lack of trading discipline, emotional decision-making, inadequate trading strategies, or unforeseen market events. Most traders experience this in some levels.

 

[Ara]

Have you ever blown your account? If yes, then why?

Unfortunately, I've already lost money. I made the error of straying from my trading strategy and engaging in rash, high-risk trades.

Post automatically merged: Jul 25, 2023

I think it happens a lot . This can occur due to various factors such as poor risk management, lack of trading discipline, emotional decision-making, inadequate trading strategies, or unforeseen market events. Most traders experience this in some levels.

You've got it down! A number of reasons might contribute to blowing one's account, and in order to become a better trader, it is imperative to address each one.

 

[Lee-me]

Unfortunately, I've already lost money. I made the error of straying from my trading strategy and engaging in rash, high-risk trades.

Well, that's not something nice to hear mate, but do you know what to do so you prevent it from happening next time?

 

[Ara]

Well, that's not something nice to hear mate, but do you know what to do so you prevent it from happening next time?

You're right. It was a tough lesson to learn. Moving forward, I've taken some important steps to prevent a recurrence. I'm reevaluating my trading strategy, focusing on risk management.

 

[devpat21]

Have you ever blown your account? If yes, then why?

blown due to impatient

 

[St-Cyr]

all beginers are masters at one thing. Blowing account. I have many stories especially CPI but I never trade news on my main account.

 

[Elin Carter]

Have you ever blown your account? If yes, then why?

I never blew my account intentionally but I was just fell prey to it and suffered losses.