My experience trading Deriv boom and crash index using Mt5

It was a bitter experience trading boom and crash on Meta Trader 5. For some months I have been in training using the demo account. I decided to fund my deriv trading account, linked to meta trade 5, and began to trade.

My target was to make profits of $5 each day. On the first day, I was able to make $2. The following day I made $4.05, the third day I made $4. Everything went well until the fourth day when the unexpected happened.

The boom spike took an exceptional direction. The first took $4, immediately, and the second spike, took $7, as I rushed to close the trade, suddenly the last time emptied the account.

The experience was devasting and discouraging, I had to put myself together and correct all errors and make advances.

The beauty of failure is that it allows you to correct your mistakes so you can take advantage of the opportunity to make headway in whatsoever you're aiming at.

Boom and crash spikes are dangerous especially when you are trading against them. My next approach will be knowledge and understanding.