I just wanna know;
How many of you are still trading after continuing to lose, hoping you will someday be profitable, or how many of you just decided to stop trading?
2 Likes
I am still continuing to trade. Trying best to improve my trading skills. Its been a tough phase for me but I am sure I will be successful one day.
10 Likes
Well on net basis I’m of course above breakeven but there were periods, especially at initial stages of training, where I went bust with a cumulated loss about 2000 Euro. But well I could afford that so I didn’t feel any pressure or tension about the loss. This is the major rule - if you think that you need money invested for some other purpose, then never trade them. It can spoil your whole experience about trading.
8 Likes
$576, then I stepped down to my demo account for more practice before going live again. Quitters never win, and winners never quit. Loosing money is just a sign to go back to demo and regroup.
9 Likes
have lost over $400 but still trading
6 Likes
Over 10,000usd, but things are getting better
7 Likes
I have lost 4650 ZAR in 16 months, I am not stopping.I am working on my psychology and I am improving.
8 Likes
I’m in the same boat as you brother. Lost about $600, but never giving up.
5 Likes
I have been trading forex for close to 10 years and slowly finding my perfect strategy,
I have probably lost around $100000 aud compounding over the 10 years,
In saying that i only trade cent accounts now so very small amounts of money,
But i always think about 1 question work all your life for an average wage or take a chance?
6 Likes
Am indeed in losses for the past 4 months but at-least my losses are close to $50 dollars. Everyday i make 4 trades based on baby pips trade ideas, and only trade in cents accounts. The challenge i have is that if one day baby pips close i may fail to make any trade. My major 2rd challenge i have never used a demo account and my start up capital was only $200. But i believe one day i will be profitable.
1 Like
Probably about $20000 AUD which means I’ve been wiped out about 8 times
There’s times I’ve started with 2000 and made 10000 or 15000 in a week and knew I should slow down bet small and take less trades read more and step up my efforts to do the work
I’m still going and had a reasonable week I realise even top traders had to go through all this ■■■■ too …
2 Likes
lots of money i have lost when particularly above all beginners , but i dont care about money , but i always care about the time i lost.
2 Likes
I am still continuing to trade. Trying best to improve my trading skills. I
I am as yet proceeding to exchange. Attempting best to improve my exchanging aptitudes. Its been an extreme stage for me however I am certain I will be effective one day.
2 Likes
i have been trading for twelve months
best thing is im still holding my own up and down but haven’t lost my main capital
One month goes up and then down over and over again just cant seem to get past that
1 Like
Hi,
Around $2,500 AUD. My risk management sucked, so I put live trading on hold till I had done some training and Demo trading to sort out my knowledge, and strategies. As well I have used this time to develop a business plan. So far so good. Still demo trading but my results are positive. Still 
3-4 months away from live trading. Am I enjoying the experience. Yep!!!
2 Likes
Have lost over USD 20K the past two years but lately it’s been good, made almost $5K the past 30 days. Hope this is the turning point for me.
2 Likes
After 1 year demo with different strategies and trying out things what you’d never do on live as beginner, or testing the behavior of different pairs, and some Brent and GER30, I opened a live ac so the simple truth is in 14 weeks until now my loss is 11.8% and the lowest point was 15.3% 4 weeks ago. 8-15 trades per week, mostly daytrade, few swing.
Reflecting to the original question I think the answer should be counted relative to capital intended for one account. It’s no matter, how much is it nominal USD EUR etc. Everyone has different possibilities, environment (e,g in my country the avg monthly salary of workers is $ 900-1200) but there are also people who have much more. The only thing what counts: N amount you invest and the X% profit/loss you are able to realize constantly let’s say on a quartely basis, (or else depending trading time and frequency). All that with completely balanced with the personal lifestyle. Must set own goals and measure the result always to that, in my opinion.
1 Like
I have lost quite a lot, during last several years it was something like few thousands, but I’ve got some valuable experience as well along with that. I haven’t read the whole thread so I am waiting other people replies as well. I expect same numbers or even bigger.
1 Like
I have not yet lost all my money so I will continue trading.
I have decided to stop day-trading - its almost impossible to make a significant consistent income from this. Its got to be the most important reason why the winners:losers ratio amongst traders is so poor.
2 Likes