Blowing an account because of comms ?!
XD ... If you blow up it's because Costs > Retuns.
A loss is a cost. Comms are costs. Slippage is a cost...
Gardening teach patience. That one of J_Smith advantage =P
There are a good few ways to make, and lose, money trading - but each one involves you putting your money at risk.
Money makes money, so without adequate money you are facing an uphill battle - leverage for those with little money is only a fools game, especially if used for longer term trading, as margin call can happen if market makes a big move against you.
It really is simple - only use money you can afford to lose - that does a few things - removes fear, and allows you to trade with wider stops - which gives you a better chance of making a profit, even though you will have some drawdown.
Timing is everything, and, when you get it completely wrong, you must then take your loss and reasses, as you were obviously wrong.
Staying with a loser for too long is not good, as it costs you money with missed opportunities, and also affects you mentally - you must know your max limit, and, suffer it if the market makes that big move against you.
Keeping in touch with the market reduces your risk, as, you get a feel for what is happening when you follow it closely - taking your eyes off for even a day or two can cost you big - nearly happened me lately, but as I was not afraid of losing +$5k, I ended up making nearly $1k - a real example of what I have just mentioned.
J_S
I agree with you completely J_S. I was just joking around.