Common Mistakes of a Trader.

[michael]

A set of errors that might occur in which a trader but can corrects, including:
1 - do not use technical analysis and direct access to the money market.
2 - Non-contact experts in the case of the complexity in the money market.
3 - I do not see the news about economic countries that are trading in the currency exchange market.

[dwik]

another reason to losses is that most of the newbies come to real trading without practicing with demo. Since demo trading gives us chance to test our strategies and learn from mistakes it is a must before real trading. some trades try to use the same strategy in all situations. this is not good since some strategies do not work well in news releases.

Yups, because some beginners think that profits are easy to reach, and trading in the forex make rich quick.
should as a beginner, have mastered a good margin management (finance) and the emotional, psychological in this market. and it helps a beginner to test its trading system on demo account first before entering the market in trading accounts

[kalponick]

Bad Money management.. All of us use bigger lots or leverage to maximize our winnings.. because most of us use small account.. and to see any differences we need to take higher risk than our account can handle.. this is why after some periodic losses we blew our account most of the time..

[rock]

most of the trader go without patience for the trading and then they do the silly mistakes.Also we have to go for the demo practice so that we can be winner here.we have to go with the news .

[cruzzero]

In the forex trading a trader working with emotions. If a trader doing mistakes at the time of trading then he can learn a good lesson from that bad trade. Some mistakes of a trader as follows:-

1. The most obvious mistake is to place a high percentage of their capital on a single trade.

2. This happens due to in experience, impatience and another one overconfidence.

3. There is a temptation is often to trade in the market too quickly after a loss.

4. The trader thinks that he can recover the loss money in s short period of time. For he was doing so many trades.

5. The trader was doing gambling instead of doing trading.

Thanks brother for sharing this with us. When i start trading i do some mistakes like trading with emotion that i can get fast money without good strategy and when i loss i think i can recover that loss money and not using money and risk management.

[rajib]

Vo kuch rules follow nai karte bas profit ka chinat karte har samay .beginners market ko samajhte nai hain aur har waqt jaldbazi karte hain ,jayada earning karne ke liye

[evostaff]

the most fatal mistakes by a beginner is desire to get rich from forex. this is wrong. can make a fortune from forex is yes. get rich quickly from forex is a miracle.to really succes in forex need process and take any time in future. but this is a common mistake for a beginner. my advice to beginner is trading with no deposit bonus or join a forum that gives bonus

[swapna240]

your 4. no . mistake is very close to me . When I loss I think that if I trade more I can recover my loss and it is a great cause for my big loss .
Your 1. no. mistake is also close . I place 90% of my capital on a signal .

[maurya]

When i started trading i also did the same as you mentioned. I think almost every new trader do the same because of unawareness of the market. Specially point number 1 and 3 strictly avoided.
Here comes the money management to reduce all these mistakes. Money management rules tell you your limitations to trade. So always follow money management.

[kuttus]

It is a very big mistakes that a forex trader should trade forex markets without having a good knowledge about how the forex currency trading economic news releases affects the whole forex trading markets.

Yes that's true they should first analysis the market then they should apply their own strategy to a new demo account then they should apply all those analysis to their new account