1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Why can't I hold on to a losing trade?

Discussion in 'Beginners Bootcamp' started by Neon, Sep 27, 2011.

  1. Neon

    Neon Recruit

    Joined:
    Sep 27, 2011
    Messages:
    3
    Likes Received:
    0
    I have been reading for the past few weeks and haven't come across an answer for this. The question comes about from reviewing the profile of a zulutrade signal provider called richter. ZuluTrade - Signal Provider Performance - Iruko

    Several people have said that he is no good and destroys accounts because he holds on to a losing trade until it becomes profitable again. Could somebody explain how that works?
     
  2. Neon

    Neon Recruit

    Joined:
    Sep 27, 2011
    Messages:
    3
    Likes Received:
    0
  3. FOREXCZ

    FOREXCZ Private, 1st Class

    Joined:
    Feb 10, 2010
    Messages:
    30
    Likes Received:
    0
    Its because you dont have enough margin! Either put more money or decrease the lots per trade. Eg, you cant use mini lots in a 2k account and expect to withstand more than a 1500pip DD!
     
  4. Neon

    Neon Recruit

    Joined:
    Sep 27, 2011
    Messages:
    3
    Likes Received:
    0
    Sorry I still didn't get that. Would you be able to direct me to to some reading on the matter?
     
  5. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,685
    Likes Received:
    2,236
  6. f-man

    f-man 4Xangels Representative

    Joined:
    Dec 5, 2010
    Messages:
    762
    Likes Received:
    14

Share This Page