Common Mistakes of a Trader.

[sajal]

Most of the traders specially new traders make a common mistake that is they use big lot size for a trade.They can not control their greed.As all the people enter Forex to earn money, many of them want to earn money in a very short period.So they use big lot and open more than one trade to be millionaire overnight.I am new.So i am not an exception.I have lost more than $300 due to my excessive greed.

[didikfx]

Thank you, my dear on your tips, and I note that the participants with us in this forum to give us tips are very expensive, help us in our beginning, especially the beginning because they are very important, because the outset that Mend will repair after all, although we lost in our beginningwe lose beyond everything.

In the early start trading did we have to work hard, learn and practice diligently. Sometimes we experience a loss but I would say do not ever give up. It's just part of the process of trading, avoid the things that can make us lose.

[amhp]

Most of the trader do some common mistakes, most of them comes at forex market without proper knowledge. They don't follow money / risk management, most of time they do over trading, they have no intend to use proper stop loss, they close there profitable trades so quickly but hold long time there loosing trade.

[malkoumx]

Thank you, my dear on your tips, and I note that the participants with us in this forum to give us tips are very expensive, help us in our beginning, especially the beginning because they are very important, because the outset that Mend will repair after all, although we lost in our beginningwe lose beyond everything.

[mian1]

there are many mistakes that give us loss So in Forex inefficient knowledge about trade , less experience in trade, don't control the emotions while doing trade are the main cause for loss so if you want to become a good trader then you have to remove these .

[malik]

5. The trader was doing gambling instead of doing trading.

Aapa kay sary points valid hain aur koi bhi point kam nahenn hay lakin sab points ka aik ni conclusion hay kay aap gambling approach adopt karty ho, chahye loss recover karny kay liye ya profits earn karny kay liye. Humain differ karna ho ga kay hum gamblers hain ya trader.

[mashbahah]

for me, is the biggest mistake new traders want to profit directly without going to the capital to learn to sacrifice, because in forex must give up the capital to be trading, so the loss we will be disappointed unless the intention before the capital was intentional to learn not to get profit

[raforex]

Everyone wants to create an extra source for income, other than their major source of income. Whether they are Service class employee, self employed or businessman - who wouldn't like to earn some extra cash? People enter the Forex market, but many of them lose their money in Forex trading.

[seri]

The most common mistake that the trader is do that he use high risk for his trade and he think that he is making the bottom fishing and dont place more margin for his trade and due to the volatility of the market it is really bad that he lose his money easily.

Yes, you're right. Mostly traders are making mistakes with trading without good money management and good risk management so the risk will be higher on one transaction. Profit and loss is common thing in forex but it can make us down when there is no good risk management strategy to limit the losses in one transaction.

[whiteid]

I think the mistakes which is occurs in a trader as common that is lack of discipline, lack of proper knowledge, lack of proper planning, lack of getting proper information, lack of controlling emotion and also the over greediness of trade. Again i say that lack of Forex knowledge.

if we can not have discipline in trading, then we will do the trade without a good rule, and maybe we will quickly experience a margin call in trading. we should always practice discipline in trading, so they can last longer in the forex business.