-
if you want to make consistent money in the forex market. Trade management is often an area that gives forex traders the greatest difficulty; it is relatively easy to get profitable trades but it is much more difficult to manage profitable trades in such a way as to produce results that satisfy you. Good luck for everything. and, actually I personally believe you have actually written it well and simply that anyone will see what you are trying to mention. this could be one of every simplest article I've even scanned in the last few weeks during this forex forum.
-
There are many mistakes made by forex traders when trading in the forex market so they should avoid these mistakes if they have to earn a good income from forex trading so they have to trade with the right discipline. and There's an old saying on Wall Street that "pigs are slaughtered." This investor greed causes them to survive to win the position too long, trying to get every last tick. This trait can be very detrimental to return because the trader always faces the risk of getting whipsawed or blown out of position.
-
Forex is a business that has lost its business to a business that has not been successful for the trader, because of the mistake of the trader, he has not forgotten the trader's mistake, but he has done such work for the trader. You can do a lot of things here. If you are a person, you have to go to the forex market or go to the wrong place to learn more about your education person, if you have any questions, please send a message to a friend or a person who is going to be a good person. Do not waste time trying to save your life
-
If you want to be a real forex trader then you must have to avoid mistakes on forex trading that how much you may control your mistakes, for that you may use demo trading that you can make yourself a great trader. With demo trading you have to practice more and more that you more practice you will learn more about forex trading then more learn that means you can earn more.
-
well dear g jisry ziada experience no ho ose trading keh doran kuch pata nhi hota key wo kis mistake krta he wo bas profit banna chahta he that's why profit no hota Bailey loss hota he isiliye trading sey pehly experience and knowledge bohat important he ye new trader ko janlena chahye
-
You right such a nice article whic is simple and easyily understand. you tell about the trading rules and regulationa and also tell that how can you get a profit from forex trading in your life as well. so thankyou for your nice opinion share with us and i want that i am like you in really life thankx
-
Forex trading main aapko profit and loss Dono Hote Hain isliye sambhal kar trading kare is me galti ki koi gunjaish nahi hoti. agar aap ki Galti badi hogi toh ho sakta hai aapka account me wash Ho Jaye Jaisa ke bahut Sare traders Forex main greed Karte Hain Jo kay account wash honey ki eak Badi Baja hai
-
han g bilkul ham sab forex ma ya mistakes karty rehty ha kio ka ya sab khud hi ho jty ha kio ka jab ham kam karty ha tu hamay sab chezon ka dhayan ata ha jis se ya sab ho jata ha kam karty howy
-
Nice thread thank you very much dear main aapki batun sy agree karta hun keh agar hum waqai main earning karna chahty hain tu humien discipline ke sath rules bana ke chalna hoga tab hi hum successfull ho paien gy market bahut si opportunities provide karti hai enter hony ke liye
-
�Forex: Trading is not easy like everyone thinks, first comes the studying and learning, then discipline, and on top of all of that is the pressure that traders must face at times.�
-A wise trader in my trading rooms.
Hello my Friends and Traders! This is the complete forex mistake blog post. I have been working hard on this post compiling and working to make it very helpful to the traders for a long time to come. I want to thank my friends on twitter and from my trading room in helping me compile the list. Since this list is going to help many traders I am going to ask that you please ReTweet this list and also share it on Facebook with the buttons on the top left. This is a guide I want to put in the hands of traders to help them be armed with ideals that will help traders forever.
Please leave a comment on which one is your favorite mistake or at least the one that you have done the most. Also if I missed some please let me know and I will add it to the list when I update this post.
I am going to elaborate on each one of these mistakes so there is no confusion.
1.Putting in too much money and not having any trading experience�Many traders will put a lot of money into the market with no real trading experience. Learning to trade is highly developed skill and if you jump into it with little experience it is like dressing up to play in an NFL football game and jumping in when you have never played before. You will get killed!
2.No Training Experience�Trading is a skill that must be learned. You need to read and study to get it. It is best to learn in person while you are sitting with a seasoned trader. That is my opinion and it certainly was the case for me. I am not saying you have to pay for training because there is certainly a lot of great education on the internet for free. Either way there is a price to be paid in your learning curve. It takes time, effort, and practice to learn.
3.False expectations�Believing you will make a million dollars with no experience.
You must prove yourself and learn to make money in trading. You can make a million dollars but it is just like starting your own business from scratch it is going to take some time.
4. Stop loss too tight�(dying the death of a thousand cuts.) Price action in trading is whippy, meaning the price moves up and down very fast. Even if you have a good trade and your stop is too tight your win percentage can decrease dramatically. However this can be adjusted depending on you who you are and your strategy
5.Taking Large Stop Loss�Just as too small a stop loss is going to hurt, so is too large of a stop loss. Choose one that is right for that trade and then adjust risk.
6.Not having profit targets�If you don�t know where you are going how are you going to get there. If you don�t have profit targets then the trade can turn quickly and you can see a winning trade reverse into a losing trade.
7.Over Trading�Taking too many trades will gives you less time to think about what you are doing and increases your chances of making a mistake.
8.Opening too many positions at once�If you have too many open positions it can cause you to have too much size on for your account and can lead to disaster. Also if you are adding to different trades at the same time many of those pairs are correlated which means if one trade go against you all of them could go against you.
9.Not having a good understanding about margin rules and requirements�Over leverage is the #1 killer of forex traders. When you go too far you get a margin call. Therefore get educated about margin calls and adjust accordingly.
10.Not having a trading plan�I truly cannot understand why traders just jump into trading without having a plan. If you don�t have a plan, you�re planning to fail.
11.Not setting goals�In each plan you should have trading goals, maybe to start the goal will be to following your plan. Or perhaps a profit goal, one point keeps it within reach. Small steps lead to success. Baby steps are