Sometimes, I feel it is better to just wait and take some time to overcome these things. But, it’s fairly common to see newbies in hurry and don’t hesitate in refilling even on same day or even right away, which I feel can be absolutely risky! I always take couple of days break after such things. I am fortunate enough to have broker like OctaFX, as through their 50% bonus and other facilities like stop out level of just 15% and more, it helps me survive tough situations and make merry in best ones.
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Do you refill your account on same day if it's blown?
Andrew Symonds- Posts : 48
Join date : 2016-07-31
Faf Plesis- Posts : 457
Join date : 2017-03-19
A business is consists of both profit and loss. Without loss it is quite impossible to run trading without loss in forex market. But I always try to refill my account in a day. Fr that case I use to several strategies. Because strategy based trading is the best way of trading. To apply my strategies nicely I found Trade12 broker from where I have the best platform which is user friendly.
Eric Weller- Posts : 596
Join date : 2017-05-02
One can not simply refill his account after blowing it completely. It takes time to recover your amount. If you are a small trader than you might refill it immediately, but for long trader it may seems harder. If I blow my whole account I would definitely take my time to adjust my feeling and gather some money for redeposit. Forex is a mind game so you need to sharpen your mind stability if you get stuck. Broker can also help you in this condition like I get full support from my broker AAFX. It gives me rebate system.
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