10 Things That Are Killing Your Forex Trading Account

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Most traders have the experience of blowing their forex trading accounts at one point in their careers.

I want to share with you the main reasons why traders lose money and why most traders fail especially beginner traders.

I have my trading account blown when i first started off in forex trading. In fact, blowing account in forex is something that i’ve done many times over and over again.

One of the reasons why most traders lose money is because of these mistakes that they make in their forex trading, one of which is rushing the process.

If you’ve lost money trading or have been through the process of blowing your forex trading account, i hope that this video will benefit you so that you can avoid the biggest mistakes traders make.

Disclaimer:

Advice provided in this video is mere recommendation and I will not be responsible for any losses incurred from your investments or trading activities. Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

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Singapore youtuber profile:

Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.

This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.

It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.

Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.

She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.

Email: karen@karen-foo.com
Website: http://www.karen-foo.com
Facebook: https://www.facebook.com/KarenFooSpeaker
Instagram: https://www.instagram.com/imkarenfoo/

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Music Credit:

Lovely by Amine Maxwell https://soundcloud.com/aminemaxwell
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: http://bit.ly/lovely-amine-maxwell
Music promoted by Audio Library https://youtu.be/xkM0Ygic0Vg

A Walk in the Park from Youtube Audio Library

We Are One by Vexento https://www.youtube.com/user/Vexento
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Music promoted by Audio Library https://youtu.be/Ssvu2yncgWU

Comments

abhilash d says:

I am a regular viewer of your videos. I am a beginner trader. Can you please do a video to understand why in the US closing session, the spread is increasing too much. I hit my SL couple of times during this period. How to tackle it?

Jerrell Williams 1 says:

Great video

A Travel says:

Good advice
Like to see you live trade

Nathan Philips says:

How can I stop this?

teachmehowtodoge says:

@10:13 those who emailed you were not ambitious enough. They should ask $10K, not $100 only. Just kidding.

Great content as usual Karen. 🙂

thanoy trade says:

ambot sa imo day

oguan ihechi says:

The reason for having a trading strategy, is to remove the possibility of you making emotional or irrational decisions, Decision is rather made based on predefined
Parameters that are developed with clear thinking.
Another is to make it possible and beneficial from repetition, without this kinda strategy you probably won't know what happened or why. And even if you did might be hard to repeat.

Ted Feather says:

Been day trading for a year. Started learning price action a month ago… That has made a big difference. I rarely look at indicators now. Risk management has been the most difficult to control. Been thru most of the 10 things you showed. Traded for 10 months and broke even overall, paper traded for 3 months at the beginning, learning price action and candle sticks and the formations of them on the chart gave me the extra edge for profit. You make sense. Great video..Your are very smart and pretty girl :>

KID Gaming says:

thank you good video

Jess Cruz says:

Thanks Karen!

J. C. Smith says:

Karen I don't want you to be nice, I want you to be rude because that's how I'll learn! LOL

Muhammad Riaz says:

I am forex trader She Only earn from youtube not tell truth forex trading leave it.

Kurt Olson says:

Thank you Karen for your honesty with us.

John Paul Baylon says:

I really needed this today! I follow the trend only in my plan and I’m currently in a 6 losing streak. Before, I would panic, but now I’m calm. I understand that that’s just life in trading. Also, there’s more more to life than just trading!

Dane Krill says:

Karen what happen to my demo account it simply went dead. Kindly give me suggestion. Thank you.

Wolfpt7 says:

Thanx for another great video , you have been a very valuable help , i started with 100 eur .. after making lot of "donations" , i am self taught, stoped donating … learned .. still learning every single day , love that.. and with microlots .. i have passed 1k , i know is not much .. but i guess .. its the learning.. developing our own system that s what matters.. slowly gaining.. thanx once again 🙂

Juan Gabriel Caicedo says:

Thanks Karen, my biggest struggle is deciding if I should maintain a strategy that is losing or not. In other words evaluate if a strategy has become a loser in spite of good backtesting results, because it happens. And then to mathematically understand what is the optimum number of instruments I should trade so that I don't ruin the chance of having good results by having too many, or too few that a losing strategy has a negative impact overall. Nice setup for your video, it has depth and it is visually interesting. Good!

Obie Cano says:

I don't think you can really practice trading FX. You have a binary choice; go thru a lot of years losing on a regular basis until you figure things out or to take on a successful mentor who can show you how to win relatively quickly based on how they make money.

Creator Joe says:

#9 really hit home for me and something I've been trying to work on

dayaseeln pillay says:

Thank you so much for the video really appreciate it

Occie Holloway says:

Will you marry me im not bull shitting around dame

Occie Holloway says:

I got a new number baby

Occie Holloway says:

Let me listen

Occie Holloway says:

Ne hao my sex chocolate it's me

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