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How I Lost $50,000 Trading Forex

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Here is how I lost $50,000 trading forex. I break down 3 key mistakes and warn you about them.

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  1. My bigest forex trading mistakes are
    1. Trading with no stop loss
    2. Trading with out plan and
    3. Wrong broker
    That’s it.

  2. My biggest mistake was continuously revenge trading every loss. I would always try to get back to breakeven which made me drown further in losses.

  3. My mistake is i never know when to close a trade wether is profit or loss i dont know how to close a trade optimal

  4. i have been making losses trying to make profit trading crypto. I thought trading demo account is just like trading the real market… can anyone help me out or at least advise me on what to do?

  5. Guess my mistakes where not having a set strategy and also not paying attention to my trades,then also opening trades right after a stop loss was hit ,revenge trade

  6. Opening opposite trades at the same time with big lot sizes eg selling and buying the same currency pairs at the same time

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