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The mistake is you have done is over trade. And also there is no money management in your trades. You should be a newbie. You should have to learn many things to avoid MC. The first basic thing is to follow one good money management. Analyze when to enter and exit from market. Wait for the true trend and don't trade in all time.
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I have learned something from this experience today. Everyone trades with caution, better to attract profits until you reach your principal. They have realistic targets according to money management in managing their capital. and in my opinion we do not have to expend our capital if we have less balance, in your case you do the right thinking, but bad luck and lack of experience give you a loss in trading so try to do a better trade in forex .
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Sometimes we need a mistake when trading.but this kind of mistakes is a common thing that happened in the forex market. but only good trader that willing to learn from their mistake that will able to upgrade their skill and open better opportunity to create larger profits.
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This is why I always emphasize to have a target for myself. Because when you do not have a target, you are always confused about whether you should trade more or not. I think a six dollar gain in one day with a 15 dollar equity is more than enough. You have to stop for a day and have to withdraw the profits you have earned and I think if a trader takes a high leverage lot measure, he may remain at risk. Although risk is part of the business but high risk can be a loss. So we have to use the low leverage lot size than we can reduce the percentage loss. so we can not make that kind of mistake.
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the most important thing in gaining experience in the Forex market is to learn from your mistakes, and do not repeat them again, this will make you a successful trader because you will learn how to deal with all situations at the time and profit is very valuable if we get it from trading and we have to pull it. If we use bonus capital in trading then we have to take advantage of forex.i have made a mistake like that and made to lose so now never make this mistake.
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if we have made a mistake in our trade, we have to write it down in our notes, and remember, and in the next trade we have to be careful and avoid our previous mistakes, if we can do all the rules, our trade will be prioritized. and profit is very valuable if we get it from trading and we have to pull it. If we use bonus capital in trading then we have to take advantage of forex.i have made a mistake like that and made to lose so now never make this mistake.
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Failure is the bearer of our success will be successful, but we must work hard first to give us success, not all traders can get success here, some people do not want to work hard in this business, and then they fail and Forex market is unpredictable, so if we want to be perfect, it is a very difficult thing. the best we can get is a good decision to make our losses smaller and earn more profit than our losses. So, if we already know it, we must understand how to trade in the forex market. We must believe in the power of money management, with money management we can minimize the risk of loss. Because we are always ready for predictable things
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Bhai forex market mein ek jaisi galtiya baar baar karna ye sahi nahi rahta hai, humare ko sabak lena hota hai jo galtiya kar chuke hai usse avoid karna hota hai aur idher jitna ho sake hum logo ko trading mein sudhar lana hota hai.
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Take good care of your capital. Don't let your capital be $ 0.0. If that loss, try to save 10-50% of your capital, so when the time comes to add funds or injeck, or the amount of dollars paid is not too large. Imagine if you have to add large funds for losses caused by your Forex trading. and I have a better experience of this situation that you will pull your profits instantly instead of increasing your deposit. Forex is a risky business we can not predict the market situation so it's better to stay in a safe position.
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yes bro top trading can give us a loss and never do it and i think always trad in this market with a plan and go in the market with a plan and have to get out of the market with the plan then you will never lose your money and it will give you a return very well and after you read the article you will be confused by many strategies and trading styles. it's natural for beginners because the extraordinary style is subjective. everyone is different. so grab that matches your style (time, risk, ratio, emotion). then test your trading style and do a targeted evaluation. until the next time you are absolutely sure to start with a live trading account.