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  • 4 years later...
Posted

Forex trading is easy but making concisely profit is very difficult to do. Loss is certain in forex trading. Trader should have to accept it. I also lost lot of money in forex market my biggest loss is 1k on a day. After that I learn lot of thing. Now I am using proper risk money management so that it never happens next. Currently I am trading with a regulated and broker called CapitalsTrade.

Posted

As par as I can recall my largest loss was almost 300 pips when I forgot set SL in my trade. And market went completely opposite way as I expected. Since then I never forget to use SL in my every trade. As I learned that day no matter how much sure you are with your trade analysis, still we should have precaution. I use tp and sl in my every trade and my broker AAFX also executes them instantly.

  • 4 years later...
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