When i 1st started out i was blowing 1 account a week and must have blown atleast 50+ accounts before it finally clicked so if anyone tells you they haven't blown any accounts and started making money as soon as they started then they are lying!
I am a successful trader now and haven't blown an account for just over 5 years so now i am trying to stop people making the same mistakes i did, if you are struggling with this or just struggling with trading in general then send me a message and i will help you as much as i can.
Oil is 1 of my favorites on my trading list, as you can see it is respecting a decent trend line and also respects levels really well but is highly manipulated by fundamentals so you have to keep your eye on them, a big tip for trading oil is to keep Mr Trumps twitter notifications on as 1 tweet from him can make oil prices move crazily. Also keep your eye on USD CAD when trading oil, if you dont know why you should do this then Google it or message me.
You should never be able to blow a account with proper risk management max 2% on any single trade if you struggle to work out your lot size you should use a calculator with correct SL without choking the trade
andreyy77
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I'm on my 1st account right now. Not blown yet because I didn't go crazy with it. But it's on minus from £300 to £175