Hello everyboday here! i hope you're alle fine.
First of all, excuse me because my english is very poor as i live in Morocco and i speak only freanch and arabic.
i would like to post my little story here with the Forex for 2 reaisons wich are:
1/ I need your advices and ideas.
2/ i don't want that other people make same mistake that i make.
So as i said in the tille, i blow my accout today after my 2 weeks on trading in reel account, i lost then 500 usd, i know it's not so much for most of people here but it's much for me.
Here is same mistake that i make:
1/ i have started with 500 usd and i have used hight size (0,10),(0,50) , (0,25), i know it's very much for tht capital (500 usd), but as i have litte capital and want to make it big then i have use hight size.
2/ juste today before i have make +350 usd of benefice with that 500 usd and i had in my balance 850 usd, but i didn't take profit and let it run until all goes against me again !
3/ today i have taking 4 positions based on same recomondation that i got on telegram from a guys who is good in trading and as i saw him always using 3,5 lot (he has big account of course) so i though that his analysis will just be right as most of time and i have used then 0,20 in 2 positions and sell gold and the trend goes against me again! then the account was blowed! !!
so i would like get you advices please and all ideas will be good for me. i know that same people may told me that forex isn't for me, but belive me i'm very interested and want to learn more and make same money from that because i don't get good salary from my job . i work usually 9-10 hours a day and got only 600 usd per month! and that's not enough for sameone who want to live good and who has a family in charge, and then i thought that the forex is the only solution for me to get same money until i learn good then i can trade full time and get out from my work that i don't even like
that why i want to learn more about forex and make same money in but I don't yet find the right way until now
Thank you so much for all of you and again i'm sorry for my bad english!
Med
First of all, excuse me because my english is very poor as i live in Morocco and i speak only freanch and arabic.
i would like to post my little story here with the Forex for 2 reaisons wich are:
1/ I need your advices and ideas.
2/ i don't want that other people make same mistake that i make.
So as i said in the tille, i blow my accout today after my 2 weeks on trading in reel account, i lost then 500 usd, i know it's not so much for most of people here but it's much for me.
Here is same mistake that i make:
1/ i have started with 500 usd and i have used hight size (0,10),(0,50) , (0,25), i know it's very much for tht capital (500 usd), but as i have litte capital and want to make it big then i have use hight size.
2/ juste today before i have make +350 usd of benefice with that 500 usd and i had in my balance 850 usd, but i didn't take profit and let it run until all goes against me again !
3/ today i have taking 4 positions based on same recomondation that i got on telegram from a guys who is good in trading and as i saw him always using 3,5 lot (he has big account of course) so i though that his analysis will just be right as most of time and i have used then 0,20 in 2 positions and sell gold and the trend goes against me again! then the account was blowed! !!
so i would like get you advices please and all ideas will be good for me. i know that same people may told me that forex isn't for me, but belive me i'm very interested and want to learn more and make same money from that because i don't get good salary from my job . i work usually 9-10 hours a day and got only 600 usd per month! and that's not enough for sameone who want to live good and who has a family in charge, and then i thought that the forex is the only solution for me to get same money until i learn good then i can trade full time and get out from my work that i don't even like
that why i want to learn more about forex and make same money in but I don't yet find the right way until now
Thank you so much for all of you and again i'm sorry for my bad english!
Med