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Share your first trade or best trade

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Apr 23, 2011 10:52 pm
#1
ironical User

帖子: 734
入会日期: 22/04/2011

Share your first ever forex trade or your best ever trade here. Well mine first ever forex trade was a profit with leverage of 400:1. I opened the trade with $10 (my heart was beating like [dead]). It wasnt because of $10, but because of the unpredictable result. After that trade I was motivated to take risks. However with the passage of time, I have learnt that you should choose medium risk to avoid high losses which I often face in forex.

The good or ill of a man lies within his own will. – Epictetus

Apr 24, 2011 04:47 pm

帖子: 939
入会日期: 21/04/2011

Congrats on your profitable trade. My experience was bad when I started forex trading. I think I lost my first trade (not sure though).

Stick to your rules

Attachements:



May 01, 2011 04:46 pm
illiterate User

帖子: 561
入会日期: 21/04/2011

I started with demo account and first trade on demo was huge profit. 400:1 leverage and demo investment was $5000. When I closed the trade, the total amount was nearly $32000 It was eur/usd.

After some demo trading, I opened real account. First trade again was a profit. I opened trade with $50 with leverage 200:1 and got around $15 profit. I have mixed experience of trading.

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

Apr 16, 2012 11:40 am
mrinalini User

帖子: 177
入会日期: 12/04/2012

I would like to share both my first trade and best trade and in my first trade i made a profits of 20 $ as I traded with hedging. Also my best trade I made a profits of 380 $ in one single trade  which has been my best trade so far.

Apr 20, 2012 07:27 pm
FXlord User

帖子: 75
入会日期: 07/04/2012

My first trade was with fxcm, I opened a postion of 10,000$. I confess, I had a heart that beats wildly, because of fear I closed this trade losing 20$ :( just before the course begins to move in my favor [frown]

Apr 24, 2012 08:25 pm
mrinalini User

帖子: 177
入会日期: 12/04/2012

Originally posted by FXlord

My first trade was with fxcm, I opened a postion of 10,000$. I confess, I had a heart that beats wildly, because of fear I closed this trade losing 20$ :( just before the course begins to move in my favor <img alt=" />

 



Well in this case I would say that it was bad luck as you closed your trade in a loss and then after that markets moved in the direction of your performed trade and in your case it was fear that took over and due to fear factor you had to close your trade earlier.

Apr 26, 2012 07:19 pm
ironical User

帖子: 734
入会日期: 22/04/2011

Originally posted by FXlord

My first trade was with fxcm, I opened a postion of 10,000$. I confess, I had a heart that beats wildly, because of fear I closed this trade losing 20$ :( just before the course begins to move in my favor <img alt=" />



were you using high leverage? if yes then maybe it was a right decision coz u dunno where the market will go. But if u were using low leverage then I think u should have waited coz percentage loss in case of low leverage would have been much less.

The good or ill of a man lies within his own will. – Epictetus

Apr 27, 2012 09:48 am
Jogi User

帖子: 685
入会日期: 06/06/2011

My best trade was a high leverage do-or-die situation trade[grin]. It was when I started trading and I started loosing my money rapidly (it was a $200 account). I was using high leverage in order to earn high amount. I openned every trade with $10 or $25. After about 4 days, I had $50 remaining in my account. I set my leverage to 400:1 (max of my broker) and entered with all $50. I set TP to 50 pips and closed the trading software. Unbelievably my trade hit the TP on the previous day[grin].

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Apr 27, 2012 05:28 pm
nikotien User

帖子: 26
入会日期: 22/04/2012

My first forex trade know this, I lose all my capital used in trade $ 100.it is very foolish. without having to trade skills, I simply open a realtrading. and in a short time my money runs out. I can make the experience, to be able to remember how cruel this forex trading

May 01, 2012 11:42 am
Sasha User

帖子: 836
入会日期: 16/05/2011

Originally posted by Jogi

My best trade was a high leverage do-or-die situation trade<img alt=" />. It was when I started trading and I started loosing my money rapidly (it was a $200 account). I was using high leverage in order to earn high amount. I openned every trade with $10 or $25. After about 4 days, I had $50 remaining in my account. I set my leverage to 400:1 (max of my broker) and entered with all $50. I set TP to 50 pips and closed the trading software. Unbelievably my trade hit the TP on the previous day<img alt=" />.



That is interesting. things like this happen but very rare. I wish that such things happen with me frequently.[grin].

I cant remember best trade there may be a few of them. But my first trade was a win. A small win but very encouraging for me

[aww]

May 08, 2012 02:35 pm
mrinalini User

帖子: 177
入会日期: 12/04/2012

Originally posted by nikotien

My first forex trade know this, I lose all my capital used in trade $ 100.it is very foolish. without having to trade skills, I simply open a realtrading. and in a short time my money runs out. I can make the experience, to be able to remember how cruel this forex trading

 



 

Well it does happen and in the beginning the traders open their trades before doing proper study and analysis and also they are confused but you should not repeat the mistake and before you trade you should observe and study the markets and then perform your trades.

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