[FOREXSIGNAL]

I am loosing money in forex trading.The last week my trading account was around $80.Today it is $5.Anyone have a sugestion for me?

[FOREXSIGNAL]

Today managed!Used fibonacci retracement.

[Faus]

Originally Posted by FOREXSIGNAL

I am loosing money in forex trading.The last week my trading account was around $80.Today it is $5.Anyone have a sugestion for me?

I think you still need to learn a lot about forex. I have been learning forex for over a month and am still doing demo trading. For the past 3 days I have made $860 for 8 trades, only in two pairs - GPB/USD and EUR/USD.

[cebu]

Don't pour another money in your account until you have at least 3 months success in demo account.

[mteodor]

Originally Posted by FOREXSIGNAL

I am loosing money in forex trading.The last week my trading account was around $80.Today it is $5.Anyone have a sugestion for me?

Learn, learn, learn... Lenin said! Get some free help from the net, trade demo and after having your own method of trading tested go live!
Until then NEVER trade live YOU WILL ALWAYS LOSE MONEY ON FOREX !
It is not a game my friend... so be aware that you need to work on it for a while.
Hope you'll be a winner next time.

[DrJale]

Just like the others stated, learn as much as you can and practice on demo accounts. When you feel you can manage your account better, switch to live trading...

[FOREXSIGNAL]

Thank you for your sugestions.I shall trade demo only till I have attain sufficient skill in trading.Meanwhile lost another $500.I shall never trade till I become an expert.

[yapsta187]

you are not the only one who is loosing money.

95% of traders loose money

3% of traders break even

2% of traders are winners

I may be wrong

[jafar00]

Originally Posted by FOREXSIGNAL

Thank you for your sugestions.I shall trade demo only till I have attain sufficient skill in trading.Meanwhile lost another $500.I shall never trade till I become an expert.

Can I ask if you are scalping, or trading on longer term technical trades? Also, how is your money management. Is your account over leveraged?

[conancare]

You can find many online share trading game. it's actually a real practice with dummy amount. try moneybhai.moneycontrol.com
It is a good platform to learn and practice.

Regards,
Conan