Forex! How I lost $1,300 a day

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I'm a walking, life, the announcement of what not to do when Forex Trad. This article is about how he lost $1,000 in one day operations.

Before this great loss of one day, I was negotiating small enough and, in particular, the point of equilibrium. I thought that it could swing for the fences of a single time and win a huge amount.

For a while it worked, but then the variance hit me in the back, and I was out of combat. This is painful to write, but I hope it will help someone out there world. Before negotiating trade with money live, negotiated principally in a demo account.

In a sign of their own profit and loss doesn't mean anything because it's all fake money. The disadvantage of this is that a win in a demo account can be a loser when the trade with real money. How is this so? This is due to the purchase of counterfeit currency, which is not afraid to ruin. There is no fear of a slowdown.

Shoot you same buzzing trading in an account demo is crazy. Like all the would-be super traders led to my demonstration of win in a real account system. I saved $1,000 to act. At the beginning it negotiate pretty good. I had small gains and losses. I was using a good strategy for the administration of the money that prevented me from losing too much money.

My problem is, unfortunately, that I get bored easily. I struggle out of action, and this type of insurance trade was boring, it was not fast enough. I decided to make the trade more excited, and that was bad for the balance of my account.

In my attempt to also make the operation more fun and exciting change that I grew up in my mind the influence and 10% of my account of all trade operations. I think that pumps leverage up to 300: 1 or something ridiculous like that. It was a stupid move, and I was a fool. My goal was to scalp the market of micronuclei.

I was even trying to make a peep. I put my Socket 1 pip benefits and my stop-loss to 4, this is a 4: 1 ration. What this means for every loss, I would have to win four times in a row to achieve balance.?

Once again, the only fools East trade way. I had some success like this, which was 0.20 of a pip and due to my high level of leverage, which was a good amount of money. My fall was when I started losing trades.

I could never overcome that 4: 1 ration because percentage. I'm asked for a winner to be a fan of the resale and the unrealistic possibility, but do it intelligently. Their ration is to remain at 1: 1, and required a high likelihood assemblies.

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