Hello expert traders i have an appeal please i am stuck in to much losses please i need help can some expert froext trader help me how to fix my account and how to get out from the mes which i have created please please help em some one please dont tell em to close all loss orders please dont ignor my message help me some one please Thanks
Nothing we can do without pictures and position details…
If you’re trading binary options as your screen name might suggest, stop it. Don’t deposit any more money with the binaries firm.
If you have some positions with only a small loss, close them and withdraw the cash. You might be able to trade back to financial recovery but not using binaries, so you will need the cash you can salvage to trade elsewhere.
As for your positions with large current losses, it would only be possible to suggest what to do knowing what their details.
You are irresponsible and have a gambling problem. Nobody can help you with that. Close your positions and then close your accounts, and do something else in life.
Last year you were posting that you were losing money in binary options and you were rejecting advice from many long-time members here on babypips. If you come asking for advice then be prepared to listen to those who have been doing this much longer that you.
You were unsuccessful trading binaries (which isn’t surprising considering they are designed to scam retail traders) and now you are losing money in Forex. It sounds like you just really aren’t doing the research and putting in the sweat equity that is needed before going onto a live account.
My first suggestion is take a breath and relax. No one has ever fixed their problems by freaking out, and to the contrary you will always make worse decisions when making them emotionally. Second, you need to close all of your positions and withdraw whatever money you have left and close your live account. Third, you need to go back to the basics and study how all of this works. From the Forex market, to leverage, to trade management, to chart analysis, etc. From there trade with a demo account for a long time. By long time I am talking 1-2 years. If in 1-2 years your demo has not made any money then you need to make a decision if this is the right thing for you or if you want to keep learning and practicing.
What you shouldn’t do is keep throwing your hard earned money at something you clearly don’t understand or have experience in.
Not sure why the OP is indulging in this - anyone who has worked on seo knows well how to use discourse speller.
Each to his own I suppose.
no sir i am using forex for now i have locked my positions with same lot buy and sell but i need a good point top open my buy or my sell to recover something so i need help in that from whihc i can recover at;east 50% please guide me some one
I am sad to inform you that there really is no “Magic bullet” - I started in 2000 or thereabouts and someone on T2W (I think) psoted that he had lost £40,000 trading “Oil” - It was theh money he and his fiancee had saved for a deposit on a house and everything else he could borrow !
He was pleading the same as you are - because he was scared to tell his fiancee !
There is nobody here who can solve your problem - sorry, but anyone who posts or PM’s you saying they can - is simply wanting to add to your porblems by taking yet more moey ff you ! - PLEASE - don’t fall for it !
JUst STOP NOW !
Face the consequences and if you really want to succeed - be prepared to work as hard as it takes t get profitable on demo - then on tiny accounts - before even considering re-entering the markets !
[Edit - what is your trade and where are you locked ? ]
The same post also appears on two other trader forums…
………no doubt with the same responses?
i traded on eurusd pair trade is running on 5800$ loss
and i want to recover 2000$ loss from it and then close it
Close it now and then recover it…
please every one just sayign close it close it for expert traders its very very simple job becasue if market goes up then i just need 1 red hourly candle 1 h1 candle and i will be safe if market goes dowen i will be need 1 bull candle and i wil be safe
exactly , agree with your terms.
So you’re saying you’re £5800 down, but you only need a single hourly candle to “Get safe” ?
Even at $100 per pip - that would take some doing !
Even more incredible on a Saturday
Sorry to hear that. Though I am not so matured trader, I think first should needs to be calm and try to analyze the reasons of your failure. A currency exchange trader should use risk management tools to keep his risks lower as possible.
If you have already fully hedge and neutralized your position then you have essentially closed it. Don’t try and convince yourself you are “still in the market” because you are not. All you did by opening up both sides of the same market was give your broker double commissions. If you remove one side of your hedge you are essentially opening a brand new position, it’s really that simple. Boiling it down you just want to take another random gamble to try and wipe out half your losses, and in doing so will most likely double your current losses.
You really need to just stop trading period. You clearly have gambling problems and don’t understand how any of this works.
So you broke rule 1: “Don’t risk more than you can afford” and speculated with far greater exposure than you a) could afford, b) could even handle. You were gambling on making a packet and took a huge loss instead. And so you locked in the loss by opening an equal and opposite position, thinking you can get someone else to bail you out of your “mess”.
And you are now expecting that “someone” will give you a guaranteed signal to open a position for a single 1H bar that is going to earn you at least $2000!!! ……and you beg for this on a forum designed for Newbies and where most participants are trading demos and still learning and developing their own trading methods! You are looking for someone to give you the “sure bet” winner at the horse races!
You should know that no one can give you a “sure bet”. The best we ever have is a >50% probability on any position. So if someone is going to give you a hint when to lift one leg of your position how big a stop level are you going to put on the remaining leg? Clearly, you can understand that hardly ever do we open a position without it going some distance into minus? So how much additional pain are you prepared to add to you existing $5800 in the hope that it will come right for you - or is even the wrong decision?
The best advice has already been given to you. You have already lost the money, any attempt to retrieve it is simply a new position. Close it all and move on.
The best hint that I am prepared to give you is: are you able to partially close your position? If you really feel you can trade out of this then try closing only a small portion of your total position and see how you get on.
But whatever option you end up taking, refrain from further trading. You clearly have no idea what it is about and it is exactly people like you that cause so much commotion in the trading industry which leads to disruptive over-regulation to try and protect you and which makes life that much harder for others that are serious and professional about their trading.
As you can guess, you get no sympathy from me. Take up betting on the horses or casinos instead…
No self-respecting trader who knows what they are talking about would give you a trade signal to enable your problem. Anyone who does give you a signal probably doesn’t know what they are talking about.
This isn’t the advice you wanted, but it is the advice you need