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Go Back   Talkgold HYIP, Investment & Money Forum > Other Ways to Make/Save Money > Forex Trading / Day Trading
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  #1  
Old 01-22-2009, 01:48 PM
FOREXSIGNAL FOREXSIGNAL is offline
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Default Lossing money!

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?
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  #2  
Old 01-23-2009, 01:07 PM
FOREXSIGNAL FOREXSIGNAL is offline
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Default Re: Lossing money!

Today managed!Used fibonacci retracement.
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  #3  
Old 01-23-2009, 05:33 PM
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Faus Faus is offline
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Default Re: Lossing money!

Quote:
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.
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  #4  
Old 01-24-2009, 05:01 PM
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Default Re: Lossing money!

Don't pour another money in your account until you have at least 3 months success in demo account.
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  #5  
Old 01-24-2009, 11:51 PM
mteodor mteodor is offline
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Default Re: Lossing money!

Quote:
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.
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  #6  
Old 01-25-2009, 02:55 PM
DrJale DrJale is offline
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Default Re: Lossing money!

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...
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  #7  
Old 07-01-2009, 01:43 PM
FOREXSIGNAL FOREXSIGNAL is offline
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Default Re: Lossing money!

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.
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  #8  
Old 07-03-2009, 08:25 AM
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jafar00 jafar00 is offline
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Default Re: Lossing money!

Quote:
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?
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  #9  
Old 07-03-2009, 03:06 PM
conancare conancare is offline
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Join Date: Mar 2009
Posts: 38
Default Re: Lossing money!

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
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  #10  
Old 07-21-2009, 12:41 AM
FOREXSIGNAL FOREXSIGNAL is offline
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Default Re: Lossing money!

Quote:
Originally Posted by 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
Joined moneybhai.moneycontrol.com very helpful!Thank you.
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