Altcoins Talks - Cryptocurrency Forum

Further Discussions => Trading (Not crypto) => Topic started by: Dbc23 on August 09, 2021, 10:44:51 PM

Title: What was your experience blowing your first account
Post by: Dbc23 on August 09, 2021, 10:44:51 PM

I got trapped by the bullish run on btc with my trading device completely down due to power failure and since I didn't use stoploss to manage my risk I got my account blown down to $0 and as it stands I have to start all over again. I didn't really feel bad because I knew it was as a result of a careless mistake not because I haven't gotten the concept and I'm sure I have learnt from my mistake I will love to hear from you too how you felt when you first blew your account.

Title: Re: What was your experience blowing your first account
Post by: Androrus on September 28, 2021, 10:23:52 PM

Well, that wasn't absolute loss of everything, but once I traded the stocks, and the broker's server froze. That was a broker with the good reputation and lots of traders who work with it. So, I had opened positions on different stocks and then I realised that I cannot close them. That was unpleasant and I have lost much.