Mistakes to avoid for beginners / unrealistic expectations of gains

[rdx_00]

i think that forex is the good job in the world. I think the biggest mistake is the mindset of having big and unrealistic expectation which are bound to break your heart when they will not be fulfilled. We should have expectation such that can be fulfilled without a big risk and so we can stay for long.like job............................

[issssou]

That is the large mistake lots of new traders make, they expect large and ficitious profit and in order to make that they ignore the risk and that lead to bigger risk and they finish losing their capital at finish.

[jasiminbd]

Forex effortlessly, like other business am, I fully agree with you and most of the people who enter the foreign currency for the first time they experience got much greed in won, better learn Forex learning or work effort and succeeded in it need to make easy money as soon as possible the interests don't care much easier to make money on it,

[hadi8484]

It's important to be patient and see each lost pound to be a huge achievement along the way. And remember to have ways other than the number on the scale to measure your progress, such as how your clothes are fitting or the number of inches you've lost. Think about all the other healthy improvements you're seeing, including reduced stress, improved sleep, increased energy, and reduced risk of many diseases.

[kashifkhan]

A first aim of beginners should be learning of trading.They try to understand up and down of market .They try to protect their trades from loss.If they get a small profit it is for better than loosing some money.They should not have expectation of earning a lot of money .They should avoid to do mistake of earning a huge money in early stages of his trading.

[stfmoney]

the newbie in the forex market think the forex only profit and there is no big loss or consecutive loss they use all the margin in one deal and hoping to double man time t\ and this lead o lose all the capital in short time

[radean]

i think Risking more than 2% risk of excessive Capital.Excessive not return the same. Almost all traders who risk large amounts of capital on a single trade will eventually lose in the long run. A general rule is that a trader should risk (in the case of the difference between the entry and stop price) is not more than 1% of the capital in every single trade. Professional traders will often risk is much less than 2% of the capital.

[marha]

get control over it we should grasp the explanation behind it that is where a trader get concerned into forex he see that billions are trader during front on trading screen and at at that moment he attempt to earn all and fail. trader should believe that he need to get his own share from this market and which is be realistic and appropriate with his investment

[hatien]

and stage business is needful for the neat action results from the commercial .... also is rhythmical sellers stop strategy to go if really saintlike business efficiency, ...I extreme poverty more with you that not only beginners

[capricorn]

I think new trader must have to start trading using demo account. I trader must have to avoid greed and lust of money. He must have to avoid emotions and over confidence. In this way, a trader may earn some good profit from forex trading.