Mistakes to avoid for beginners / Inability to manage orders.

[fairy]

mostly newbie traders are not familiar with these terms and options of the forex trading , these can be very useful for a trader to gain profits from trades ,.but these things can be understood only by giving some time to forex trading on daily basis ,

[10pips]

1.Don't be greedy.
2.Don't invest without a proper knowledge about forex
3.practicing trade in a demo account is better
4.Don't leave your orders open as it can lead to big profits as well as big losses
5.Don't invest your full wallet in a one trade.
Good Luck Everyone!

yes, that is also the rules that the trader need to know when they are make the trading on the forex, some trader is know all of that rules but they are still do not wantto follow it, they just want to follow the feeling and the emotion and then it make them fail in here

[Sithara]

1.Don't be greedy.
2.Don't invest without a proper knowledge about forex
3.practicing trade in a demo account is better
4.Don't leave your orders open as it can lead to big profits as well as big losses
5.Don't invest your full wallet in a one trade.
Good Luck Everyone!

[adel asran]

My advice to all novice which to interfere forex market because this market bigger than you can imagine and can not challenged and are at the beginning stage and Batali must deal with the account demo first and then considering capital management well and manage orders and transactions so that it can overcome a little bit errors are common among traders.

[migntv]

I would like your inability to manage orders. Any talk of this body, but because I experienced I can not understand it is the cause of the error. We had Somw times we fail and evaluation so that you can not find a reason for the failure, it is only possible when assessing our operations.

[sweetrevenge88]

Newbie traders in this market are just babies who are just learning to walk in this market. I will allow them as many mistakes as they can do in their trading because that is the time they will mature as a trader by learning from their very own mistakes in trading. You will never get wiser as trader if you can not make a single mistakes in your trading.

[budihanduk]

before plunging into the world of forex trading risk we have to know exactly the risks and consequences that we can be as a result of that analysis or in other words we can cling to our analysis not easily influenced by other org analysis because our analysis is certainly not done any of that important we learn of each of our mistakes to become better

[alexan]

Many of time a well educated trader can not control first time. Greed is emotion of part. Greed for responsible for lose huge money. Thank you for share good issue for new trader. I hope new trader will follow it hardly for better Forex health.

Mistakes will motivate ourselves to learn and practice with continue and also build a good mental and psychologies too to face all condition at forex trading. confidence is like the power to keep us spirit to make good analysis and also take them with responsibility

[kaia]

It is natural for the beginner who always make mistakes in every transaction. because they are in a learning phase. and the length of time they will be going later; teach her ​​how to trade better and can minimize the risk of loss exists.

[freaky1212]

I am a newbie in the Forex trading but I try to work properly in the Forex trading. It is the right of every trader that he must be believe their confidence. In the Forex trading we must be a need of self confidence and self trust. It is an easy way to earn but there is a need of best planning and knowledge about the market.

I agree with your point, you are totally correct. As a newbie that you are you need to have confidence, confidence is highly needed for one to have a successful trade in foreign exchange. Having self confidence in the analysis been made in order to have a successful trade.