ForexKingsLTD
Long

How many trading accounts have you BLOWN? answer below.

FX:USOIL   CFDs on Crude Oil (WTI)
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
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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
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