I had been trading forex for a long time now and I had been a victim of this topic at some point. In this article, I will highlight few reasons most traders blow their accounts often and what had helped me improve in trading.
1. Most traders are irritated by loss and as such will do everything possible to avoid loss. It always ends in catastrophe whenever a trader refuse to accept loss in order to keep a clean sheet (100% winning), in this case, Just one or two loss will always send the account/trader into oblivion. The truth remains that there is no business without loss. Loss is part of trading and every good trader encounters loss at a particular point in time but the ability to control or accept loss when it is small will make you a rear gem in forex trading.