Mistakes to avoid for beginners.

[kamran mirza]

app ne jo points diy hain sab theek hian humain waiq main as a begginer in baton ka zaroor khial rakhna chhaye kion ke ager hum in baaton ka kial nahi rakhani gy to humain ksi be time koi bara loss ho sakta hai

[tatto]

i am consent with you every new comer must start trial consideration to obtain some encounter about the industry study the prediction and use it on the trial consideration more ever handle your capital

[Bever]

Affiliate Marketing is recommended for the newbies to start their online business. It is recommended widely because it is easy to start affiliate marketing. To start with it is the best way as you need not have your own product or service to offer to the market. Through affiliate market ..

[saeenfx]

I believe that the error like prevent money professional when dealing and prevent avarice is incredibly useful for the currency dealing investors and that they should endeavor to not develop this kind of error and i think at the top they're going to be gainful for this.

[mababa]

1. Don't Day Trade or Scalp

All short term volatility is random, you can't measure what millions of traders will do in a few hours so don't try.

2. Avoid Most Forex Robots

I see these forex trading systems all the time and they all claim great profits but the track records are all simulated in hindsight and have never been traded.

If you trade one of these you can kiss goodbye to your equity.

3. Don't Predict

If you predict you are simply hoping and guessing and that won't get you far in currency trading or life - trade confirmation and the reality of change and don't guess.

4. Markets do Not Move to Science

Many people claim they do and follow the methods of Gann, Elliot and Fibonacci but they don't work.

If markets moved to a scientific theory, we would all know the price in advance and there would be no market - common sense yet, many traders fall for this ridiculous idea, don't join them.

5. The harder you Work the More You Make

In a normal job yes, in forex markets no.

You get paid for being right with your forex trading signal and that can take you ten minutes or ten hours - you earn your rewards for results.

Work smart not hard.

6. Following expert Opinion and News Stories

The markets are a discounting mechanism and news is discounted instantly, it also reflects the greed and fear of the crowd who lose. Will Rogers once said:

"I only believe what I read in the papers"

He was joking of course - but it's surprising how many people follow the news and try and trade it - don't do it!

If you do, you will end up losing.

Markets move on trader's view of news and their emotions. The facts are unimportant its how they are perceived that determines the course of events.

7. Using a complicated method

10 indicators are better than 2 - dead wrong.

A complicated forex trading strategy , will not as a general rule beat a simple one as it has to many elements to break.

Simple systems have and always work best, as they are more robust.

8. Making Money in Demo Account Means You Will Make Money for Real

No, a demo account helps you learn how to trade not to make money and you need to understand this:

There is no pressure on you and therefore it's not a real trading experience.

9. Not Being Patient

Many traders think the more they trade the more they will make - wrong. You get paid as we said earlier on for being right and that means waiting for the high odds trades.

[fxcare]

These mistakes we commit because of lack of seriousness in trading. We should feel the impact of these mistakes as we are trading in real account with money and not in Demo account. Such mistakes can cost us our entire account and with such move our morality will go down heavily and takes very long time to re-build the account. So we should never commit such mistakes.

[najia]

frequent errors i experienced was a poor emotional control and greed that i can not avoid. because it sometimes has the advantage that i can get turned into losses because of greed and loss that i get will be even greater because of the emotions that i can not control

[poncoez]

Of course dude every new trader should be avoid mistake while trading for this reason new trader should be careful on trading. I presume that trader can find out the mistake list by using forum cause most of the forum user share mistake list which is the main reason for make loss.

[rubel]

The best brokers (the ones you want to be using) do not offer money to affiliates or use introducing brokers and they do not engage in �spread padding� (artificially increasing the Forex spread) to make money. Why not ask your broker of they have an introducing broker scheme when you call them up? If they put you through to their commercial department, you may want to choose another broker!

[faruk339]

The reform became the main goal of the second generation of 18th-century novelists who, by the mid-century, openly welcomed the change of climate that had first been promoted in journals such as The Spectator (No. 10 of The Spectator had stated the aim "to enliven morality with wit,