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

[Neon]

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?

 

[Neon]

Sorry, that's one of his other accounts. This is the one I was talking about

ZuluTrade - Signal Provider Performance - Richter

 

[FOREXCZ]

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!

 

[Neon]

Sorry I still didn't get that. Would you be able to direct me to to some reading on the matter?

 

[Pharaoh]

If your account run out of money, you can't hold onto your trades. It's called a margin call.

This article should help:

https://www.forexpeacearmy.com/fore...2272-how-manage-risk-while-forex-trading.html

 

[f-man]

Sorry I still didn't get that. Would you be able to direct me to to some reading on the matter?

There is a good explanation (with real numbers) of how margin call is calculated here:
Margin Call Exemplified | The Number 1 Cause of Death of Forex Traders | Learn Forex Trading