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Anonymous Wed Jun 29 11:11:34 2016 No.1346659 [Reply] [Original]

Anyone here lose a shitload of money on Forex or stock?

Post nightmare stories/Biggest losses.

Il'l go first: -11k loss over-leveraging on a interest rate decision. It zigged when I thought it would zag.. Putting me in the red.

and then it zigged again and did massive damage to the account.

>>	Anonymous Wed Jun 29 12:10:36 2016 No.1346747 >>1346659 i lost $20 on this one trade I made. fuck that shit man forex isnt for me!

>>	Anonymous Wed Jun 29 14:59:35 2016 No.1347218 >>1346659 "Anyone here has a successful and durable experience in forex trading?"

>>	Anonymous Wed Jun 29 17:49:05 2016 No.1347781 >>1346659 I lost £1.23 today, yea, I forgot to set a sl.

Anonymous Wed Jun 29 17:56:43 2016 No.1347803
File: 212 KB, 700x464, 1424628533362.jpg [View same] [iqdb] [saucenao] [google]

>>1346659
>short GBP/USD at Brexit night
>set stop loss too tight
>it hits the SL before dipping to to the Brexit lows

Could have made 7000€ in one night. Got a 400€ loss instead.

Fuck me.

>>	Anonymous Wed Jun 29 18:09:29 2016 No.1347839 >>1347803 the jews always know where your stops are

>>	Anonymous Wed Jun 29 18:14:22 2016 No.1347851 First day of trading I decided to short 2 contracts of natgas and lost 1000 in under 5 minutes because it just kept going.

Anonymous Wed Jun 29 18:17:01 2016 No.1347857

>>1347851
your first day of trading you put yourself in a position where it was even possible to lose $1000??

i'm worried i could lose money on forex but i think i'm finally getting the hang of it. the past two days i've made 7% profit each day, i know that won't keep up forever but even a 1 or 2% a day would be amazing

>>	Anonymous Wed Jun 29 18:17:07 2016 No.1347858 I think I lost around $2000 on FAZ I'm a much more boring investor now (no trading with serious money, just some options in a gambling account)

>>	Anonymous Wed Jun 29 18:20:43 2016 No.1347866 >>1347857 >>1347857 Hindsight is twenty-twenty I learned from it and have made the money back since.

>>	Anonymous Wed Jun 29 22:51:20 2016 No.1348466 File: 9 KB, 259x194, AutismTriangles.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Wed Jun 29 22:58:42 2016 No.1348481 http://www.dailymotion.com/video/x33d85n video related

>>	Anonymous Wed Jun 29 23:10:52 2016 No.1348508 >>1347857 >>1347866 How much money do you have in your forex account? You think you can average 10% on a month with Forex?

Anonymous Thu Jun 30 02:04:05 2016 No.1348781

- Anyone here have a successful and durable experience in forex trading ?
- What's techniques did you use ?
- With how much money did you begin ?
- Gives me advice for a beginner like me, please.

I am really sad when i read specialized forums in forex, why?
Because all the trading journal I read ends the same way :
They end up losing all their gains and have their account to 0 dollars, after 6 months or 1 year.

I need testimonials from people who really live forex successfully since several years.
http://forums.babypips.com/newbie-island/70214-truth-about-forex-you-cant-become-rich.html

I think this method is the best to learn forex or index cfd:

Depositing tiny amount less than € 200 and try to make it grow until 1000, once in 1000 reached 900 withdraw.
With the remaining € 100, try to grow them again to € 1,000, remove 900 ... etc.
Do it 10 times successfully
Instead of dropping € 50,000, losing after six months, redeposit € 20,000 and lose again after one week.

>>	Anonymous Thu Jun 30 03:11:18 2016 No.1348879 >>1347839 lol

Anonymous Thu Jun 30 04:55:25 2016 No.1348969

I should've invested real money on the stockmarket.

I've been playing with a 1000 fake money and i've made 400 profit so far, and i noticed that during the Brexit crash most of the stocks were rising rapidly again anyway, should've put some real money on that, too bad i'm a poorfag.

Anonymous Thu Jun 30 06:27:00 2016 No.1349023

>>1348781
Start on a cash only account. Margin calls are a good way to wipe out your account.
€10,000 is a good start. Use $5,000 to buy small dips and scalp small profits. Keep the remaining $5,000. No need to withdraw or deposit.

By small profits I mean $200-400 per trade until you get to $15,000.
Then take the $10,000 that you originally put in and do not touch them.
Trade using the $5,000 that you made. Once you make another $10,000 to $15,000 you can take bigger risks and go for longer swings and bigger profits.
And once you get to $50,000 its easy to make a couple of thousand a day.

>>	Anonymous Thu Jun 30 06:40:47 2016 No.1349043 File: 1.17 MB, 1280x1080, 1450994237830.png [View same] [iqdb] [saucenao] [google] >>1347839 This. Sempai desu

Anonymous Thu Jun 30 09:52:31 2016 No.1349228

Bought some shares in a warrant. It looked pretty good, it dipped 5 points then raised back up usually.
As I layed on my bed looking at the chart I saw a bump higher than usual that day.
When I saw that bumb I had a bad feeling but just slept it off
Next day it dropped 30 points.
The next day another 20

>>	Anonymous Thu Jun 30 10:34:36 2016 No.1349337 >>1349023 this is not helpful at all >didn't even mention about having an edge

>>	Anonymous Thu Jun 30 22:08:34 2016 No.1351331 >>1349023 >And once you get to $50,000 its easy to make a couple of thousand a day. lol, i love posts like these

>>	Anonymous Thu Jun 30 22:15:20 2016 No.1351356 >>1349023 >implying that making that kind of return consistently is in any way realistic >implying you won't blow up if you adopt a strategy to try and make the insanely high returns you posted

Anonymous Thu Jun 30 22:17:52 2016 No.1351362

Lost half my account (2500 of my 5k) on penny biotech stocks. Everything I invest in goes down. I rationalized it in the beginning by the just market hypothesis, if I invest in something there ought to be a 50% chance of gains no matter what even if it seems unwise. But I didn't realize if the upside is 100x your initial investment you can have a 99% chance of losing it all and the market still be rational. Penny stocks are like normal stocks with leverage built in.

>>	Anonymous Fri Jul 1 00:47:17 2016 No.1351716 File: 44 KB, 1611x837, dangrous.png [View same] [iqdb] [saucenao] [google] >>1351356 Forex is dangerous.

>>	Anonymous Fri Jul 1 01:25:31 2016 No.1351805 >>1351716 I read an article about a guy who invested 2.8k in this with a riciculously high leverage and is now 280k in debt. poor schmock

>>	Anonymous Fri Jul 1 02:52:42 2016 No.1351919 >>1351805 Do you have links or even a name?

>>	Anonymous Fri Jul 1 02:54:28 2016 No.1351923 File: 21 KB, 310x310, 1464080459565.jpg [View same] [iqdb] [saucenao] [google] >>1351919

>>	Anonymous Fri Jul 1 02:55:41 2016 No.1351925 >>1351356 As a guy that's about half way to what this guy is saying I think it might actually be realisitc. AMA, but not about the strategy until I hit a million dollars or something.

>>	Anonymous Fri Jul 1 02:56:00 2016 No.1351926 My mom is emotionally blackmailing me because I didn't buy at the bottom of the s&p 500 drop after the brexit. I bought in at ~2050 so she's actually made money today... And she called me a retard. What do

>>	Anonymous Fri Jul 1 03:43:20 2016 No.1351982 Open up ema 10 and 50. Order before cross. Profit. Yep, it is so easy.

>>	Anonymous Fri Jul 1 03:52:26 2016 No.1351991 >>1351919 http://www.finanzen.net/nachricht/cfd/Waehrungscrash-Schweizer-Franken-Der-grosse-Absturz-4352975

>>	Anonymous Fri Jul 1 03:59:41 2016 No.1351994 >>1351362 Then start shorting what tou think will go up

>>	Anonymous Fri Jul 1 16:14:47 2016 No.1353262 >>1349337 Thats up to you. My strategy is to prevent you from wiping out your account if you have a bad day.

>>	Anonymous Sat Jul 2 02:39:06 2016 No.1354429 >>1351925 how much did you start with? How much have you made? Over how long?

>>	Anonymous Sat Jul 2 04:43:30 2016 No.1354554 >when the forex general has transcended into the next level Is this loser only thread for losing strategies? Must be bad?

>>	Anonymous Sat Jul 2 05:02:44 2016 No.1354573 File: 213 KB, 720x960, 1431257272600.jpg [View same] [iqdb] [saucenao] [google] >>1351926 Your mom sounds based

>>	Anonymous Sat Jul 2 17:35:12 2016 No.1355636 >>1351982 If it is that easy how come algos aren't making everyone tons of money?

>>	Anonymous Sat Jul 2 17:36:37 2016 No.1355639 I've seen a warning on a forex website that says "losses can exceed your deposit". So if you put $1,000 in your account you can lose more than $1,000? How is that possible?

>>	Anonymous Sat Jul 2 19:55:21 2016 No.1355916 >>1347803 baka senpai you should have known it would be a wild night. Can't have tight spots on big days

>>	Anonymous Sat Jul 2 19:57:51 2016 No.1355918 >>1348508 why would the amount of money matter if we're talking about percentages?>>1348781

>>	Anonymous Sat Jul 2 20:02:37 2016 No.1355922 >>1354573 >She's actually made money Fuckin retard

>>	Anonymous Sat Jul 2 20:06:50 2016 No.1355930 >>1355639 Covered calls and shit

>>	Anonymous Sat Jul 2 20:06:53 2016 No.1355931 >>1355639 By borrowing money to make trades.

Anonymous Sat Jul 2 20:10:49 2016 No.1355940

>>1349023
so basically your strategy is
>Only using 5k to trade forex
>don't use margin
>making 200-$400 a trade
>if you risk 100% of the 5k every time then you need to make a 4%-8% rate of return every trade on forex....without any margin whatsoever....until you triple your account
Most currencies only move 70 pips a day. There's a reason that people use margin in forex trading, it's because the average moves in forex are incredibly small expecially on a daily basis with the exception of a few black swans compared to moves in the stock market. Making 4%-8% per trade, trading currencies with no leverage whatsoever is absolutely absurd. Also you're assuming that you can actually average 4%-8% per trade. I think that you're underestimating you incredibly difficult it is to make a strategy like that let alone a far worse one that can make 15% or 20% a year with a low draw down.

>>	Anonymous Sat Jul 2 20:20:03 2016 No.1355960 >>1355639 margins

>>	Anonymous Sat Jul 2 21:36:50 2016 No.1356123 >>1351926 fuck her right in the pussy!

>>	Anonymous Sat Jul 2 23:38:54 2016 No.1356402 >tfw someone on my facebook won't shut the fuck up about Forex/Global Visionariez Is Forex a meme? I feel like it's a meme.

>>	Anonymous Sun Jul 3 01:51:16 2016 No.1356758 >>1355639 I wouldn't worry about this. I'm from Eastern Europe, what are they going to go? Drive to my farm to take the money lol ?

>>	Anonymous Sun Jul 3 09:29:25 2016 No.1357317 >>1356402 >Is forex a meme? Forex is global currency market.

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