Mistakes to avoid for beginners / Inability to manage orders.

[ethernet]

ok I agree with your statement if you are watching the market then you do not need to arrange instructions to the market about closing trade but when you are not watching the market then you can arrange take profit or stop the loss. actually in forex I think for beginners they should avoid their mistakes and have to give a lot of time so they can improve their knowledge in a short time what will be really very helpful for them in the future and they should make their routine to practice and trade .

[syarifudin]

Forex is a business that needs perfection, mistakes have no place in forex, otherwise you risk losing wealth with bad trades that can destroy you forever, so avoid this by equipping yourself with the best trading knowledge and trading skills to avoid making life threatening mistakes that can destroy you forever. Every beginner in this business has their own favorite story that they make, It depends on their Forex knowledge. For me, I advise a beginner against trading with repeated mistakes.

[samathi]

Beginners make a mistake in the forex market because of lack of seriousness and consequently he gets a loss. He also does not have proper knowledge about the forex market. They do not know how to behave in a market. They practice first on demo accounts to develop trade skills. Forex is a world famous online business here day to day many people affect this business because business is more profitable and business easier, but some people mistakenly think some time because they do not have the right knowledge in forex business that is why a lot of their time to get the loss .

[trump]

No body talks about it because they experience it but can not know it as a reason for failure. Sometimes we do not evalute our failures and it is impossible to find the reason for failure, it is only possible when we evaluate our trade. A profit-taking order can guarantee a profit by liquidating a position when a specified price is reached. So you just need to identify the price at which the profits will be taken. a big mistake a beginner does is he starts trading forex without his knowledge and because of this he will lose. so better before starting trading actually he should do the exercises on demo accounts and if he finds the best results then he should go for the actual trade. but if he fails, he needs to do more exercises and try to develop a successful strategy

[azharahmad]

g forex ma gar hum koi mistake karta hain tu who humara leya boath he dangers sabit hote ha or hum bara lose bhe hota ha forex ma sya magar hum us ka bara ma soch smjh ka hum work karna cheya jesa huma lsoe na ho magar hum forex ma jald bazi nhi karni cheya jesa hum lose ho magar hum jab bhe trade lagya tu hum soch smjh ka he hum trade ko follow kara

[javedqasim]

agr app nay forex main achi trading karna chahta hain tu app ko forex main ek achi trading kar k leya app forex main knowledge hona buaht he zarori hota hain phr he ja kar app forex main ek achi trad kar sakta hin , agr app trading karta how apna app par control ni karta tu app ko loss ho sakta hain , agr app nay apna app par control karna sekh leya tu phr app achi earning kar sakta hiain , agr app nay asa na kai tu app ko loss bhi so sakta hian,,,,,,,,,,,,,,,,,

[iqrayousaf]

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.

thanl you much ,,, ya waqya hi boht informative, helpful aur useful post ha aur boht sa traders specially new traders in chezo ky knowledge ki demand rkhty hain ta ka unhy lose na ho ,,, is ma kuch asi mistakes byan ki gai hain jo ka aksar trader un ka bary ma nhi janty aur wo inko aksr use krty hain jis ki wja a unhy acha profit nhi aur boht martba loss bi hota ha ,,, agr ham in chtti chotti mistakes sa avoid krain to hmy success mily gi apny business

[mrinalini]

Beginners should learn the basics of Forex trading properly so that it will help them to perform better trading skills and they must spend three to four months on demo accounts that will develop their trading skills and enable them to trade effectively on live accounts and management Their money skills are also increasing. it's really very good and effective strategies and suggestions for new traders as well so I have the same opinion that every trader should open positon with the right tools to stop losses and take advantage which is undoubtedly very important in terms of market slide against postion You

As beginners can not manage many or multiple positions at the same time and they at first hand should not open multiple trades as well to avoid losses. It is also their inability to operate Mt4 or Mt 5 trader properly which stops them to trade properly as well.There by it becomes all the more important to get used to these tools and that can be done through demo account where they can learn everything and once they feel comfortable there they can trade in real account .

[weeklyscalpertrader]

Main samjhta hu ki agar forex traders ko apne position ko manage nahi karne aata hai to usko abhi real account par trading nahi karani chahiye, usko abhi demo account par trading ki practice karani chahiye taki wo apne trades ko manage karna learn kar saken.

[duki]

For me, I consider someone who first accesses the basics of Forex and also trades demos for more than 6 months and when the performance of a good vendor then he goes to a real promotion. A beginner tends to take so easily an opportunity in this market as if his trade solution would be wrong after that he does not look tough trouble at a time when the market is vulnerable to the wrong conditions after which he will be a successful condition after that he actually fell motivation and also the goal in Forex. I see that it's the rules we must set to stop losses and make a profit on time. how, when you trade you can not predict what the next trend is. You're signed in based on your analysis. there is usually half a half to see your loss and profit. setting the right range will ensure you can generate more than loss