My name is mohamed My friend introduced me to Forex and then proceeded to blow up my account three times. After the third time I decided I could not do any worse so I jumped in with a demo account. That was nearly 8months ago and I admit that I am still learning. But it is fun and I am finally seeing some results. I cannot retire off my trading profits but at least my family and I can take a nice vacation and not have to worry
Welcome. Carry on learning. Try and improve by 1% every day by doing more of what works and less of what doesn’t.
Also be disciplined in keeping risk to a maximum 1% of capital per trade, and comply with a set daily risk amount. You blew your accounts because you overtraded.
best of luck.
Hey! It’s quite interesting to know that despite losing thrice you’re still hooked up to trading and luckily doing well. My only suggestion, learn from your past mistakes and don’t leave demo trading till the time you’re confident of your strategies and skills. Also, did you try the school of Pipsology?
For every forex trader, it is important to be determined and disciplined. You must set your goals before you enter the market. When you know where you are heading, you can give your best.