Mistakes to avoid for beginners / Inability to manage orders.

[Ask]

Jee haan bhai ap ne sahi kaha hey ke forex trading men as a beginner hamen ye mistakes lazmi avoid karni chahiye or hamen chahiye ke hum apni sab mistakes se learn karen or wo mistakes door karen ta ke hum profit kar saken or kamyab ho saken.

[Zulqarnain]

Yup placing orders without setting stop loss and target profit are mistakes we make, by doing this we are binding ourself to keep an eye on market which is not possible for anyone because market is 24 hours and there may be cases when prices slip much below the stop you have in mind, or may touch your target and slip down

Yes bilkul beginners ko mistakes pe control karna chahiye unko mistake pe mistake karny se avoid karna hoga tu is k liye unko pehle basic ko achi tarah se learn karna hoga phir next step ko learn karen usky baad demo pe practice karen is se phir jb wo real pe trading karengy tu yun ghalti ki gunjaish boht kum hogi so first learn then earn.

[Aanchal]

Good my brother app nay bhut hi acha kia ye post hammarry sath share ki koi k main khud bhi abhi new hun ore mujhy bhi itna apni mistake ja pta ni chalta so now main aap ki is post ko again follow karrungi ore apni in mistakes ko avoid karrungi ore again na karny ki try karrungi ap ka bhut bhut thanks srr

[HP2018]

When you place a market order and leave it open, it means you enter a trade at market price without instructions to close the order. In other words, you are playing with the total value of your account. In order not to lose everything, he is urged to set up stop loss at each position opening.

For example, if you are long on the GBP / USD, you can set up a stop loss that will automatically sell your position if the rate drops to a certain level, pre-determined. Thus, you can significantly limit the amount you can lose on a given trade, even if you are unable to sit at your screen all the time.

Similarly, take-profit orders can guarantee a profit by liquidating a position when a predetermined price is reached. So you only need to identify the price at which profits will be taken.

very good point you make out dear mistakes ko agar ap neglect keren ge or in say kuch learn nahi karen ge or futuremein inhen ap repeat karen ge to ye kabhi bhi apko forex mein success nahi mill sakti yeh na sirf new traders kay liye zarori hai bal kay all traders kay liye must hai

[Hayat]

I think yeh bahut hi bari mistake hogi jo log karty hain keh trade laga kar stop loss use nahi karty sometime aisa bhi ho sakta hai keh is sy unka account wash ho jay tu behtar yehi hai keh stop loss use kar ke kam karien main tu stop loss ke baghair kam karna bhi pasand na karon

[Facebook]

ji bhai aisa hi kuch log aisa hi karty hain na stop loss use karty hain na hi take profit yeh bahut hi gndi aadat hai usko avoid karna chahiye aisa agar hum karty hain tu apna account ke sary capital ko risk main ly rahy hoty hain margin call bhi a sakti hai

[samia93]

Yes dear ap ne theek hi kaha hai hmen stop loss jaror set karna chaye. Or apni mistakes ko bar bar repeats nai karna chye.Or mery khyal se dear agr hme biig losses se bachna chahty hain to hmen mistakes ko avoid karne k sath sath good money management b learn karni ho gi.

[sachit]

forex ke business me trader ko apna mistake par khud dhyaan karna hoga aur usko khud he market me thik karna chahiye,esme trader jetna jada market me analysis khud ache se karenga wo esme utna he acha market me kaam kar sakenga,esme trader ko learn karna chahiye.

[SA148P]

I think a beginner first learn forex basics and then demo trading minimum 6 month, if trader performance is good then he go to real trading. A beginner should always take little risk in forex trading because if his trading decision is going to wrong then he not face big problem after some time market going to opposite position then he going to winning position then he get inspiration and motivation in forex trading.

[kanita]

of course beginner use big mistakes in forex trading market when they are new in business and trader not set their good management in trading and he/she place their order too much and he/she not follow the good money management and risk management and i say that beginner avoid these types of mistakes and beginners must manage their orders and use low volume lots size order in trading account then he/she easily make their trading profitable with their own forex trading market