Top 10 Mistakes Traders Make (newbie just look it).

[arihant]

Most worse mistake done by the new traders is that they just go to deposit real money in their forex account. But after depositing the money they try to make more and more profits from that amount. While doing so they place many trades so the balance may get margin call due to the volatility of the market and they lose whole amount.

[arihant]

Most of the trader first enter in the forex market without knowing any knowledge of the forex trading it is bad but after entering they try to get more profits and while doing so they place many trade it is the worse things they are doing while trading that things must have to avoided.

[pooja]

Little knowledge or incomplete knowledge is just equal to knowing nothing so a trader must make sure he trades after gaining proper knowledge and analysis and then trade after some time.

[kampung]

One thing is sure that the newbie will fail in the forex market if they do not trade with a demo account and experience exchange
newbie will need to learn more from the demo account, they draw experience and that is when they have successfully

I think not too low for them to use in their trading capital I do not think the problem has a direct trade on real account, but they must exercise in demo an account just as real trading accounts preparation to reduce errors

[kitt]

full margin use is one of the reason that make traders loss in forex market if trader win for the first deal he will use all margin to the next deal that make him lose current deal and the profit of the last deal.

[seahawks90]

i must say that after making a small profit every trader thinks that he can make some huge profits so this is the main reason which leads them to do over trading and as we all know that over trading can harm your whole capital and hence they just loose their whole capital.

[xiaotanghao]

Have you ever checked the accounts of the losers?Most of them may over trade inforex,which will lead them lose more.There is another may be that they are so greed in trading when profit there.

[twinkling star]

very useful post it is. but most important thing which I think is the most important is that lack of confidence, as the new bie we can trade confidently in demo account but could not gain confidence in real account. so new bies fail in real but succeed in demo acount.

[Thakur]

Have you ever checked the accounts of the losers?Most of them may over trade inforex,which will lead them lose more.There is another may be that they are so greed in trading when profit there.

Very true. Most losers in forex are never satisfied. They take too many trades and use big lot sizes in their trades. Even when you have good trade setup, it is good to use minimal risk with a small lot size. This way if the trade is good, you make little profits and if trade is bad, you make little loss.

[lgarhboularbah]

well you are right excelent articale i think that this is the greats reasons for the lose of all the trader for me i have trade in forex since3years and i see that the best way to get money and avoid losing is the best management of the money i think that we should never enter at the market evryday just trade when the clear trend or you are sure than open with more lot in case of the garnt i know that there are no garnt but somehow the analysis will be right and you will recover all the other day

[gosians]

mayray sath bhi bilkul aesa hi hota hay, agar may koi moqa daykhoon to may aksaar bari lot use ker kay trading ker layti hoon or phir loss ho jaanay per revenge trading ka bhi mann kerta hay. laykin aesa kernay say mjhe aksaar loss hua hay.

kisi achi opportunity ya signal ko dykh k invest krna tu achi bat hy but too much invest isn't good at all. hamen apni lot size ko apni invested money k accordingly rakhna chahye, agr hmari lot size jyada ho gi tu hama account nil b ho sakta hy.

[vikas]

real great tips bro, and yeah the point of high expectation's from forex is right tht new ppl entering this field think tht they will become millionares with it withou8t knowing what awaits for them in the trade and also the fact of over trading when new ppl make a few profits in one of the pair then they invest in multiple making it hard to keep up with all and then finally they collapse

[kanwaljit]

yes vikas i agree these are great tips, really great tips ; even i thought i will be a millionaire overnight and started taking a lot of risks along the way, but even after 6 years i am at the same place where i began, but if i had followed the tips then my life would have been different

[anitagala124]

Thanks my dear brother for giving more valuable information about mistakes in trading I have learned a lot from this post. I will be careful during trade in future. I have joined forex forum for this purpose.

[forexbroker123]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.
hehehe main es liye hans raha houn kioun k main ne jitni bhi mistakes yahan parrhi hane woh sab ki sab kar chuka houn ya phr karta rehta houn esi liye main to gi ab soch raha houn k sab mistakes ko contraol karoun or acha or successful trader ban jaoun or jo log mugh par mazak banatey hane k main her wqt computer par betha rehta houn par kamata kuch bhi nahi houn to un k bhi mun band ho jain ge

[wolfkamikaz]

one of the many mistakes that come out is that most traders are emotional rather than intellectual . what i mean by this is that most traders will use their emotions to trade instead of their minds and this brings problems

[vikas]

yeah i think greedy is the famous problem on the traders. greedy is our nature so greedy be the enamy of the traders and can call thats trader is the big enemy selves. difficult to avoid a greed if we are not train our psychological. a good psychologi of trading can make us always on trading rules, and certainly we dont trading with greed and emotion.

[kitt]

if one reason that make traders loss in forex is trading against the trend is there any way to know the direction of the trend at the long and short time because i do not have good result for follow the trend.

[vikas]

धैर्य की कमी के सबसे महत्वपूर्ण कारक है जो विदेशी मुद्रा व्यापार में नुकसान के लिए नेतृत्व है. यह मेरे द्वारा समय की सबसे experianced है. मैं और अधिक समय के लिए इंतजार नहीं करने के लिए और अधिक लाभ मिलेगा. यह जोड़ी है जो मैं अपने लाभ लक्ष्य ले करने के लिए कदम कारोबार किया है, लेकिन उस समय मेरी स्थिति पहले से ही बंद कर दिया है के बाद कुछ समय के रूप में बहुत ही बुरी बात है.

[vikas]

अब के लिए, एक साधारण योजना है कि अभी भी मेरे लिए करने के लिए मुश्किल है sl उपयोग अनुशासन है. अन्यथा व्यापार मैं अनुशासित हो जाएगा कहना सकते हैं, लेकिन एक वास्तविकता अगर बाजार के सामने, मैं अक्सर उन्हें तोड़ सकता है. मैं यह कैसे दूर करते हैं?

[niteshforex]

Making such a trade is not a problem, Yesterday, I turned $11 in my small account to $26 and immediately, I withdraw the profit of $15. I traded the news effect and I set a TP for the trade. The best way to trade when you take a high risk is to use a realistic take profit

[vikas]

फिर हमारी पिछली गलती से सीखने बहुत ourself के पैसे में लाभ कमाने के लिए शिकार में रखना चाहिए है. u उर गलतियों पर काम करते हैं और भविष्य में उस गलती को दोहराने के लिए कभी नहीं चाहिए

[kameeelforex]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

hehehehe maines liye hans rahja houn k app ne jitni bhi mistakes yahan par share ki hane ye sab ki sab mere main mojood hane or main wqtan fawqtan en ko repeate karta rehta houn or loss main jata rehta houn wese app ka shokriya jo app ne itni achi post share ki hams e

[siredewe]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

i will take the emphasize on point number 2 and point number 8...this are in my humble opinion the most often be a disease for newbie trader like me...haha. now i still try to manage it...to have a good trading plan, money management...and of course minimize my trading lot...:)

[forexman]

yes as you mentioned in point 7 i always wait for my losing tardes to gain back but it always result me in facing margin calls so i have learned to close the trades if it further going to loss but at that time some times after closing tarde the price moves in my direction and then i again fell why i have closed

[kanwaljit]

yes as you mentioned in point 7 i always wait for my losing tardes to gain back but it always result me in facing margin calls so i have learned to close the trades if it further going to loss but at that time some times after closing tarde the price moves in my direction and then i again fell why i have closed

yes man, we can see how difficult this business is so high and the risks we face and so much knowledge to be mastered, especially to overcome self-control our own emotions , the market changes at all times

[vikas]

पैसे के प्रबंधन forex.If आप पैसे के प्रबंधन में कौशल विकसित में बहुत ही महत्वपूर्ण कारक है, तो आप अपने ज्ञान को लागू करने के द्वारा लगातार लाभ कमा जाएगा

[maryosa]

Most worse mistake done by the new traders is that they just go to deposit real money in their forex account. But after depositing the money they try to make more and more profits from that amount. While doing so they place many trades so the balance may get margin call due to the volatility of the market and they lose whole amount.

I put summary to your argument and say new trader have greed with no knowledge. If combine greed with no knowledge of forex market, then trading with real account will always give loss all the time.

[Tarek]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

hello my brother, I think if you have lots of patience and discipline, you can enter in the right point, and you can win
a nice profit with minimal risk, I think you agree with me, I await your views...

[kalponick]

New traders came in the market in a hope of making millions of dollar in just few years.. Dream like this is not that bad.. But it became bad when you are not capable to handle such kind of dream.. I saw one trader who always thinks himself as a genius.. and never listen anyones advice.. Even if its wrong nobody can change him.. and even after some months periodic losses he always keeps telling that he learned all about forex market this time..!! And even after 1 year he keeps injecting money to his portfolio because of several margin call.. We always need to think ourself as a novice..

[realman]

This topic very good friend. I suggest all trader specially for new trader that please some moment spend to read that try to apply. Many trader also know the mistake but first time avoid emotionally but finally can realize. But could not control. I think need strongly obey and apply strictly. A discipline trader also can maintain all rules. Become a good trade must be follow.

[anubhavsingh]

I put summary to your argument and say new trader have greed with no knowledge. If combine greed with no knowledge of forex market, then trading with real account will always give loss all the time.

forex me loss hone ke sabse bade reason yahi hai ki trader laalach bahut zada karta hai aur bina knowledge ke sirf paisa kamane ke liye forex me trading karne lagta hai
in dono wajah se hi trader ko loss hota hai..isliye forex me trader ko apne emotions pe kab rakhna bahut zaruri hota hai sath hi sath forex ke basics ko bhi samjhna chahaiuye

[oscar]

New traders came in the market in a hope of making millions of dollar in just few years.. Dream like this is not that bad.. But it became bad when you are not capable to handle such kind of dream.. I saw one trader who always thinks himself as a genius.. and never listen anyones advice.. Even if its wrong nobody can change him.. and even after some months periodic losses he always keeps telling that he learned all about forex market this time..!! And even after 1 year he keeps injecting money to his portfolio because of several margin call.. We always need to think ourself as a novice..

always treat me as a beginner trader in order to continue to focus on learning to develop trading systems and knowledge to be able to increase profit ..
the most important factor to be carried out as a beginner trader is focused on protecting the trading account gets a lot of loss ..
do not use a lot of trading and greed in order to avoid a margin call

[KD1986]

always treat me as a beginner trader in order to continue to focus on learning to develop trading systems and knowledge to be able to increase profit ..
the most important factor to be carried out as a beginner trader is focused on protecting the trading account gets a lot of loss ..
do not use a lot of trading and greed in order to avoid a margin call
Greed is an cause of margin call and decrease the greed will not going to solve the margin call problem. If qny one want to improve greed problem try trade with less lot according to their money managment. Try to avoid trading while news trading going to release.

[niteshforex]

I think it is better to use not more than the 10% margin on all the combined trades as this is the main principle of the money management.

The main idea is to preserve the trading capital and then make sure that we are able to grow the account equity in the long term scenario.

[Tarek]

I totally agree with you, you must practice your patience and discipline, what are the causes of success, for what it is very gradually to win in the forex market, then we must practice our low point and delete it.

[iwan]

info is very helpful, and even though we have often experienced, but sometimes it is difficult to avoid the same mistakes in the future. we do not hold back as the turmoil that exists in the heart, who wants to always be getting a lot of profit, even though we are aware and know exactly how that makes us first loss.

[kampung]

impatience is only going to bring us in an undisciplined towards strategy and systems we use, so make a decision without a signal or a strong reason, better still wait for the right time to take a decision in accordance with the strategies and systems on our trading plan
we must have a schedule of commerce in the business of commerce so that we can do good in this business and we should never throw away our energy on things that do not allow us to trade good circuitry and we should be able to trade it

[anubhavsingh]

we must have a schedule of commerce in the business of commerce so that we can do good in this business and we should never throw away our energy on things that do not allow us to trade good circuitry and we should be able to trade it

forex me traders ko achi strategy ke stah hi trading karni chahaiye kyunki forex me money management hona bahut zaruri hai aur agar aap bina strategy ke apna paisa lagaoge to wo loss me jane ke bahut chances ho jayenge..isliye tradres ko time management aur money management pe bahut zada time dena cahhaiye

[manibhai2012]

Very nice sharing sir keep it up you are doing a very good job and I hope you will share your experience with us in future also and i hope every newbie who wants to become a successful trader in the Forex market have to follow these rules.

[lgarhboularbah]

Failure to have a trading plan in place before a trade is executed.
you are right brother i think that reason from the great reason of the fail we should always have strategy or plan trade with it and this mean that there is always a signale for enter and signale for exit and always follow it i think when you trade just like this we will walk the half of the way to the success

[new]

Money management k sath ak risk management b add kr li jaye tu bohat acha hy. Ye sach hy k agar hum kisi strategy ko follow kiye bgair ya phr kisi plan k bagir forex trading kren gy tu hum kbi successful nahi ho saken gy.

yes aapne bahut hi badiya kaha hai ki agar hum ki ek ache strategy ko follow kare to humare kafi bhala ho sakta hain i think isse best sikhne ko is se achcha mauka nahi milega hum ek strategy ko apna friend bana kar uski help leni chahiye

[Gab]

In my point of view all of these mistake does not only belong to newbie it belongs to everybody who trade on the forex market everyday. The main reason is that all of us want to make money but We need someone to be loser, and anyone who does not take care will be the loser.

[kanwaljit]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

a very good post, yes i do agree i make a lot of mistakes in trading and my worst mistake till date has been money management, despite havintg the best trading strategy and the best technical analysis, i loose because of money management

[examin]

Expectations that is too high, too soon.
this is true it is right the expectations is not exact because we can not get the max profit from the deal and in the loss we got it all mean we have get the max pip loss in stop loss order.

[jhon]

Many traders, when using technical analysis, like to buy into support, or sell into resistance levels - and hope they hold. Do this and you'll lose money. Why? Because you're trying to predict prices, by hoping and guessing - and the market will wipe you out.

[fxquest]

i tried to find out what mistakes i used to make in my strating trading days, first not closing my trade while i was in profit, second not setting stop loss and third using higher leverage or margin which make it difficult to sustain in bad times.

[siddesh]

this is the most common mistakes happen to new traders i think. hoping the price will get back the way we want can makes us loosing our discipline in runing our rules. once we're not discipline, we're not being a logic anymore. Always use SL to avoid this to happen.

[krishan]

अब के लिए, एक साधारण योजना है कि अभी भी मेरे लिए करने के लिए मुश्किल है sl उपयोग अनुशासन है. अन्यथा व्यापार मैं अनुशासित हो जाएगा कहना सकते हैं, लेकिन एक वास्तविकता अगर बाजार के सामने, मैं अक्सर उन्हें तोड़ सकता है. मैं यह कैसे दूर करते हैं?

[jai]

to suffer loss is better than having a margin call. and one thing that can avoid us from margin call is only a money management. This basic rule actually what will saves our account mostly. you don't believe me? the fact is, most traders lost because over trading the lots.

[amit]

lol, same with lot of my experience. sometimes hoping the price to get retrace can make us suffer even bigger loss. we should avoid this kind of thinking. Hoping is not logical way to be involve in our trading. that's why it's adviably to always use SL in each position.

[new]

bhai sahi kaha aapne money management kafi important hai account ko manage karne ke liye money management humari equity ke hisaab se trade ko karne mein help karta hai hum apni equity ke hisaab se trade kar sakte hai

yes dear money managment kafi useful hota hain humari sabhi trade ka calculation rakhta hain hume isko ignore nahi karna chahiye is par pura dheyan dena chahiye jitna hum apni technical aur fundamental par dete hain

[krishan]

right you are. but the mistake that hamper a trader most is risk/money management. if the trader did other mistakes but did a good money management, they will not suffer that much.happy trading

[amit]

new traders to bhai mistakes hi mistakes kertay hien kunki yeh un k liye neya kaam hota hey or yeh ek esi del-del hey jo apni terf khanchta hey or trader bes sochta hey k kesay raaton raat ameer bena jaye

[krishan]

No doubt money management is very very important but to have a good money management we have to avoid opening more number of lots and trading with big lot size. For a good money management the more important quality required in a trader is patience.

[rajesh]

jo bhi trader bina knowledge ke market me entry lete hai unhi ko sabse zada margin call lagti hai kyunki forex dikhne me jitna asan lagta hai utna hota hai hai.. isme itne tarah ke analysis hai ki bade se bade traders bhi kayi bar galti kar jate hai to naye tradres ko to smajh me aana hi mushkil hai

[rajesh]

forex trading karte waqt traders kak hud pe control nahi rehta jis wajah se wo real account me bahut galtiya kar jate hai jiska result ye nikalta hai ki unhe lagatar margin call jhelni padti hai
jis bhi trader ka apne emotions pe kabu nahi hoga uskel iye forex trading me bahut loss hoga kyunki trading karte waqt emotions aur greed ko hamesha control me rakhna chahiye

[chetan]

I experienced that biggest mistakes we do are adding more and more to losing position, trading opposite to trend, not figuring out the range before entering trade and not using stop loss, using too high leverage.

[sunil]

right you are. but the mistake that hamper a trader most is risk/money management. if the trader did other mistakes but did a good money management, they will not suffer that much.happy trading

[ShoSho]

You are right thanks for this topic also most of beginners traders most of them trade directly with their real account without any practice in demo accounts and they do not use stop loss so they lost their accounts.

[sunil]

money management is very crucial factor in the forex.If you developed skills in money management then you will earn consistent profit by applying your knowledge

[chirayu]

ya learning from our previous mistake is very must to keep ourself in the hunt for earning profit in money. u must work on ur mistakes and should never repeat that mistake in future

[rajesh]

kisi achi opportunity ya signal ko dykh k invest krna tu achi bat hy but too much invest isn't good at all. hamen apni lot size ko apni invested money k accordingly rakhna chahye, agr hmari lot size jyada ho gi tu hama account nil b ho sakta hy.

[sachin]

nice topic bro.
it help me a lot to understand and main apni mistakes bhi theak kar sakunga.
newbies k liye to ye topic mast hai.

[chirayu]

Ma apki bat sy bilkul agree hon. Jb ap demo account mn expert ho jaty hen aur good profit bnany k qabil ho jaty hen tb confidence automatically aa jata hy. Hamen zyada dyhan apni learning aur experience pe dyna chahye.

[lode]

ya learning from our previous mistake is very must to keep ourself in the hunt for earning profit in money. u must work on ur mistakes and should never repeat that mistake in future
previews mistakes is the key to make success in forex you have just to know what is your week point than change it than you find another one than you change it too until you make success.

[chetan]

Goood money management with proper timeline is the key of sucess in forex trading..many trader make mistakes but skill trader is one who learn from the mistakes and improve their trading...

[netra]

A trader who trade with time line and with risk management can achieve great lead ahead..while doing forex u just neeed to concentrate on trading style and other thing will be in ur favour

[netra]

Forex mein self confidence hona jaruri hai...aur ye self confidence ..knowledge aur experience ke base par bantaa hai..aur confidence hone ki wajah se positive attitude se trading hoti hai aur acha result milta hai

[sunil]

No doubt money management is very very important but to have a good money management we have to avoid opening more number of lots and trading with big lot size. For a good money management the more important quality required in a trader is patience.

[andhwrey]

There are the major mistakes which most of the traders make while trading and they suffer losses. I think lack of patience and discipline , lack of money management and also over trading are the major cause of losses for the traders.
that is right,in my 7 month experience,i know that my real mistakes is i cant manage my self
like to stop when profit and cut loss when there is no reason to hold that,i really have many mistakes based that what i said,and diciplines will be key
trade with no emotions

[sachin]

Trading strategy is better than money management. This is because with a good trading strategy, you can always implement money management and reduce the value of losses that can occur, thus increasing also your profit potential from an inceased trading balance. If you have a bad strategy, money management will only lengthen the time that you will stay in trading before getting a margin call.

[narendra]

you are right brother i think that reason from the great reason of the fail we should always have strategy or plan trade with it and this mean that there is always a signale for enter and signale for exit and always follow it i think when you trade just like this we will walk the half of the way to the success

[wazwaz]

The biggest mistake is to enter the Forex and listen to the greed who wants to succeed in Forex has to get rid of greed before entering this market because it is the arch-enemy, not the market moves
It leaves us in the transactions of the take profit rather than stay even price is reflected on us and we regret

[deathzz]

8. "Over-trading."
over-trading is a frequent problem I experienced for want of greater profits, but the results are always just my experience of loss in trading ...
may be satisfied with what has been obtained can be used as a way to solve this problem. ;)

[waqtitrader]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

thank you my dear app ne to bahot he achi or mufeed post ham se share ki hane en ko readkar k mere knowlegde main kafi izafa howa ha or en mistakes ko control kar k ham kafi had tak apni trading sahi kar saktey hane or profit kama saktey hane

[audio]

Over trading is a very bad thing to practise in forex, but the good news is that it is only peculiar to newbies. I want to add that greed affects all traders, both newbie and professional.

[lode]

We can have two accounts . In one account we will risk only 5% of our capital per trade while in other account the risk can be increased up to 20% and the chances of making quick profit rises. The main thing is that we trade with all right tools and success will come.
you have to do this if you would like to gain big profit and double your account but you have to know that the account that you will have to use 20 risk must be small amount and the account of 5% risk big capital make if you double on the first it will be a great and if you lose you will lose just small amount.

[patil]

yes,even i have made these kind of mistakes often.But i have always thought that my price will attain the TP ,but it wont and finally it will land me in loss.
so when the trade is running in profit and there seems reversal of trend,then simply close it.

[darksaimon]

if I'm personally for the archetypal instance that should be through is to do fortunate because the analysis of acquisition with the apply of automatically the existent accounting afterward we faculty learn money direction and so it

[Abdo22]

you may be right but I think the same batch, and the same proportion of the lot, for example, use the 1% margin, kept those of 1% on each transaction and not to change, even when the market looks so tempting.

[patil]

to suffer loss is better than having a margin call. and one thing that can avoid us from margin call is only a money management. This basic rule actually what will saves our account mostly. you don't believe me? the fact is, most traders lost because over trading the lots.

[vineet]

7. Letting losing positions ride too long.
this is the most common mistakes happen to new traders i think. hoping the price will get back the way we want can makes us loosing our discipline in runing our rules. once we're not discipline, we're not being a logic anymore. Always use SL to avoid this to happen.

[patil]

forex me loss hone ke sabse bade reason yahi hai ki trader laalach bahut zada karta hai aur bina knowledge ke sirf paisa kamane ke liye forex me trading karne lagta hai
in dono wajah se hi trader ko loss hota hai..isliye forex me trader ko apne emotions pe kab rakhna bahut zaruri hota hai sath hi sath forex ke basics ko bhi samjhna chahaiuye

[patil]

forex me traders ko achi strategy ke stah hi trading karni chahaiye kyunki forex me money management hona bahut zaruri hai aur agar aap bina strategy ke apna paisa lagaoge to wo loss me jane ke bahut chances ho jayenge..isliye tradres ko time management aur money management pe bahut zada time dena cahhaiye

[vineet]

haan bhai ye baat aapne sachi kahi hai mere bhi aisa hi haal hai main pure din aur raat raat bhar computer par rahta hoon aur mere friend aur kuch rishte daar hai jo bolte hai tu karta kya rahta hai main unhe jayda nah batata hoon kyu ki jis paisa ghar mein dunga fir sab apne aap samjh jayenge hume sucessful trader banna hai bas

[jai]

you are right brother i think that reason from the great reason of the fail we should always have strategy or plan trade with it and this mean that there is always a signale for enter and signale for exit and always follow it i think when you trade just like this we will walk the half of the way to the success

[jai]

Lack of patience is most important factor which lead to loss in the forex trading. That is experianced by me most of the times. I will not wait for more time to get more profit. It is very bad thing as after sometime the pair which i have traded moves to my take profit target but at that time my position is already closed.

[amit]

Most worse mistake done by the new traders is that they just go to deposit real money in their forex account. But after depositing the money they try to make more and more profits from that amount. While doing so they place many trades so the balance may get margin call due to the volatility of the market and they lose whole amount.

[amit]

Most of the trader first enter in the forex market without knowing any knowledge of the forex trading it is bad but after entering they try to get more profits and while doing so they place many trade it is the worse things they are doing while trading that things must have to avoided.

[anitagala124]

Well that is not a difficult thing to learn if you learn it with passion so one day you can master it and its profitable so you can make good profits.

[anitagala124]

The main thing is keeping your trading plan up to date and continuously adding and removing things from it to make it perfectly working strategy.

[anchitkole]

Nothing is perfect. So we can just increase its efficiency to about to some extent when our profits are greater than our losses but not 100% accurate strategy which only gives profit without loss,.

[mandeeprana]

Nothing is perfect. So we can just increase its efficiency to about to some extent when our profits are greater than our losses but not 100% accurate strategy which only gives profit without loss,.

forex me koi bhi strategy 100% nahi ho sakti kyunki kab kaunsa fundamental market ko kis taraf le jaye ye predict karna bahut mushkil hota hai
isliye traders ko bola jata hai ki wo bahut hi soch smajh ke tradimg kare aur har deal me stop loss aur take profit ka use zarur kare

[jai]

Forex mein self confidence hona jaruri hai...aur ye self confidence ..knowledge aur experience ke base par bantaa hai..aur confidence hone ki wajah se positive attitude se trading hoti hai aur acha result milta hai

[zahidrock]

I think this is are common mistake for every newbies. If newbies trader can avoid this on trading then they can make profit from trading. So i think this post make more useful for newbies.

[sagar]

A trader who trade with time line and with risk management can achieve great lead ahead..while doing forex u just neeed to concentrate on trading style and other thing will be in ur favour

[anitagala124]

i tried to find out what mistakes i used to make in my strating trading days, first not closing my trade while i was in profit, second not setting stop loss and third using higher leverage or margin which make it difficult to sustain in bad times.

[sagar]

Trading plan. I used to have a trading plan before but stop doing it or following any because I already memorized it. Trading plan is a good tool for every trader because it can help them to be strict and follow only their plans and not stray from it. It also keep you on your toes to avoid making many mistakes in your trades.

[siredewe]

in forex, there is the term "beginner's luck", a condition that occurs to the novice trader, when they get big profit in a short time. Because of these conditions, then the traders will be confident even over confident. Over confident obviously not good for traders because it is not always the trader will profit.

I've been there. at the initial moment I started forex, I found myself always lucky. but at the moment I was so confident, and double my lot size, all of a sudden all such turns against me. and it always happens every time I open a new account.

[hibbah1]

thank you for such a useful threat added here i will say i have had made some of them number of times even now as well after having more than three years experience i am not sure about my trades.

[ishvara]

To avoid the loss for the new dealer in foreign exchange trading. Must move beyond some of the errors that can be located. And recall errors.
1_ Do not allow the currency to trump even lose
2_ myself to feel attachment to the foreign exchange returns
3_ can bet all your money on the type or types of currencies
4_ do you think that you can not be organized and flexible at the same time
5_ that do not learn from your mistakes
6_ to listen to the advice of people who are not qualified
7_ not be eligible for the worst
8_ to neglect the management of money or offensive
9_ in the process of market speculation without study
10_ lack of focus on deals the most profit in Forex Trading

Yes we traders must have plan in forex trading and also focus on that plan. Planning is the key secret and ingredient that can help a forex trader to get the best out of their trades in forex.

[rahul]

ya very true a trader must be careful while trading because also you are getting bonus from this forum , you should not waste it . because this forum is not giving you the bonus for wasting they are giving money for earning profit from trading

[Nabi Ahmed Gill]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

forex trading main main bi new aya hoon forex trading main both sa money makeing karta karta bora ho ga han is layia main na forex trading karta han is layia min na forex trading karta karta pakistani komuu both seee problem creata karta haon forrex trading main is lyia forex trading bigger picture perpective on a market one can look at a daily bar chart ko dehakna parta ha.

[ritesh]

ya learning from our previous mistake is very must to keep ourself in the hunt for earning profit in money. u must work on ur mistakes and should never repeat that mistake in future

[viky]

money management is very crucial factor in the forex.If you developed skills in money management then you will earn consistent profit by applying your knowledge

[anubhavsingh]

money management is very crucial factor in the forex.If you developed skills in money management then you will earn consistent profit by applying your knowledge

money management seekhne bina forex karna ekdum bekar idea hota hai
jo bhi trader apne [paise ko manage nahi akr sakta wo forex ko bhi manage nahi kar payega..isliye trading me aane se pehle apni equity ko manage karna bahut zaruri hai

[samuelkanu]

yes you just outlined all the common mistakes but what really baffles me is that we all still make those mistakes one time or another and you cannot totally eliminate them but you can minimise it so that you can be profitable

[gava]

No doubt money management is very very important but to have a good money management we have to avoid opening more number of lots and trading with big lot size. For a good money management the more important quality required in a trader is patience.

[rahul]

I agree with point no. 7. I have lost many dollars when I failed to close my position. When I had loss, I stayed long in the position thinking the trends will go in my favor and I will make profits. But in the end the trends just got worse and worse which lead me to huge loss.

[viky]

I wanted to make a comment about the amount of money needed for trading
I don't think it has high impact of the facility of trading
mainly when you still be learning & making an experience
it is better to use small amount of money & test your ability to trade in cent accounts beside the demo one

[gava]

I am new trader so I want to say you thanks due to share your valuable knowledge with us because as new trader I have learnt many points which are help me to become a good trader I will follow those points during real trading in future.

[rahul]

yes,even i have made these kind of mistakes often.But i have always thought that my price will attain the TP ,but it wont and finally it will land me in loss.
so when the trade is running in profit and there seems reversal of trend,then simply close it.

[rahul]

right you are. but the mistake that hamper a trader most is risk/money management. if the trader did other mistakes but did a good money management, they will not suffer that much.happy trading

[mita]

mayray sath bhi bilkul aesa hi hota hay, agar may koi moqa daykhoon to may aksaar bari lot use ker kay trading ker layti hoon or phir loss ho jaanay per revenge trading ka bhi mann kerta hay. laykin aesa kernay say mjhe aksaar loss hua hay.

[rahul]

a very good post, yes i do agree i make a lot of mistakes in trading and my worst mistake till date has been money management, despite havintg the best trading strategy and the best technical analysis, i loose because of money management

[rahul]

yes man, we can see how difficult this business is so high and the risks we face and so much knowledge to be mastered, especially to overcome self-control our own emotions , the market changes at all times

[rahul]

yes vikas i agree these are great tips, really great tips ; even i thought i will be a millionaire overnight and started taking a lot of risks along the way, but even after 6 years i am at the same place where i began, but if i had followed the tips then my life would have been different

[ritesh]

I think a lot of traders who make many mistakes, that I often do not discipline with a trading plan, often emotional and want to get rich quick in trading, so I had a big loss..

[viky]

I think the most common mistakes people do is not disciplined by a trading plan that is owned, can not control emotions, often make the same mistake, etc., should we be learning from those mistakes so that next trading better.
good luck

[viky]

maybe if I was the most common mistakes are my emotions, wanting to get rich quick, no discipline with a trading plan, etc.. so i often loss and MC, but I continue to learn from those mistakes.

[Abdomhadi]

Yes thank you my brother the money management is very important and without it we will not receive the benefits they want and profit may remain for a long time, I lost a part of my account because I don 'have not done very well managing my money mothering but I try to recover them with this method.

[viky]

I totally agree with you, you must practice your patience and discipline, what are the causes of success, for what it is very gradually to win in the forex market, then we must practice our low point and delete it.

[viky]

hello my brother, I think if you have lots of patience and discipline, you can enter in the right point, and you can win
a nice profit with minimal risk, I think you agree with me, I await your views...

[marjuck]

man is to wrong naturally. we do the same wrong again and again after knowing the danger. the main cause of our mistake is lack of control of our self. if we control our self then mistake will be minimize.

[jmsblack18]

hello my brother, I think if you have lots of patience and discipline, you can enter in the right point, and you can win
a nice profit with minimal risk, I think you agree with me, I await your views...

I do have same think with you. It is very necessary to have good patience and always have control our self with discipline trade. I for past two month have great loss because my impatience in trading. So, now i still try to build again my portofolio with controlled emotion and discipline in rule of trading.

[ishvara]

Yes thank you my brother the money management is very important and without it we will not receive the benefits they want and profit may remain for a long time, I lost a part of my account because I don 'have not done very well managing my money mothering but I try to recover them with this method.

The newbie forex currency traders do not even know that they should fully depend on MM and then apply it in their trading. This is a very big kind of mistake that makes them to fail in their trades.

[mita]

i think that on the what the mistake that the newbie trader also make also including the greedy , be4casue the greedy is also make us got the mistake and make u got the failed when we are trading on the forex business

[babu]

you may be right but I think the same batch, and the same proportion of the lot, for example, use the 1% margin, kept those of 1% on each transaction and not to change, even when the market looks so tempting.

[dadaa]

Of the reasons that I think is very impressive on any trader, which is located by many beginners is to manage that money Alkhti Tgek enter a lot of deals without regard to the proper management of capital

[avi]

kisi achi opportunity ya signal ko dykh k invest krna tu achi bat hy but too much invest isn't good at all. hamen apni lot size ko apni invested money k accordingly rakhna chahye, agr hmari lot size jyada ho gi tu hama account nil b ho sakta hy.

[avi]

Ma apki bat sy bilkul agree hon. Jb ap demo account mn expert ho jaty hen aur good profit bnany k qabil ho jaty hen tb confidence automatically aa jata hy. Hamen zyada dyhan apni learning aur experience pe dyna chahye.

[babu]

i think greedy is the famous problem on the traders. greedy is our nature so greedy be the enamy of the traders and can call thats trader is the big enemy selves. difficult to avoid a greed if we are not train our psychological. a good psychologi of trading can make us always on trading rules, and certainly we dont trading with greed and emotion.

[Maham Gill]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

yes of course is forum min newbie jo ata han wo both sari mistake karta han or loss hasil karta han phar kahata han k trading acha kam nahi ha.newbie ka layia mara maswara ya ha ka is forum main ana sa ya trading sure karan sa pehala makmal training or demo account par trading kam sa kam one month krana phar really account par trading sure karana.

[Forexboy]

Yes I agree with you that much has been learned in this case and many things that we learned that we succeed in this business is all that is in the business we do. Like discipline, good emotions and good strategy and also something else.

[avi]

Good tips bro

Main one is money management without this no one will get for long time, i lost some of my account because lack of money management plan.

[dadaa]

I agree, that many beginner traders are impatient. Too quickly in the open position, and do not take into account the analysis or a good money management. If it's been like that, it will be very close to the floating minus the margin call to end loss.

[rock]

There are lot of mistakes make by the forex trader and they all do the same,its very important here to keep patience and also go for the trading with experience and knowledge.

[sumonmia0526]

proper money management and proper time management is must for every trader..
If you are able to spend your money in good deals in good time, you will get result which will be very fruitful for you..so its always advisable to manage your money and time properly

agreed with u coz the main part of any business should be proper money and risk management ..if anyone don;t understand the value of this then there is no way to run any kind of business .specially while we are know very well that Forex is very much sensitive so we have to more protective to save our equity

[moti]

I totally agree with you, you must practice your patience and discipline, what are the causes of success, for what it is very gradually to win in the forex market, then we must practice our low point and delete it.

[moti]

hello my brother, I think if you have lots of patience and discipline, you can enter in the right point, and you can win
a nice profit with minimal risk, I think you agree with me, I await your views...

[scorpian7]

There are lot of mistakes make by the forex trader and they all do the same,its very important here to keep patience and also go for the trading with experience and knowledge.

there are many things which can be gained only by experience . There are various knowledge banks available to every new trader but once they commit mistakes then they will realize that this was a mistake and they will try to refrain from it in future . I agree to rock patience and mental calmness and stability is very important for successful trading.

[yaar]

we must have a schedule of commerce in the business of commerce so that we can do good in this business and we should never throw away our energy on things that do not allow us to trade good circuitry and we should be able to trade it

[moti]

kisi achi opportunity ya signal ko dykh k invest krna tu achi bat hy but too much invest isn't good at all. hamen apni lot size ko apni invested money k accordingly rakhna chahye, agr hmari lot size jyada ho gi tu hama account nil b ho sakta hy.

[maurya]

Ma apki bat sy bilkul agree hon. Jb ap demo account mn expert ho jaty hen aur good profit bnany k qabil ho jaty hen tb confidence automatically aa jata hy. Hamen zyada dyhan apni learning aur experience pe dyna chahye.

[bhai]

these mentioned advises are not only for newbies but for every trader.almost the most important things that all the traders have to know.l pick the money management since forex is all about money.as long as we can keep our capital safe we will still have some opportunities to success but one it is gone that the same circle will repeat .deposit loose,deposit loose

[bhai]

Little knowledge or incomplete knowledge is just equal to knowing nothing so a trader must make sure he trades after gaining proper knowledge and analysis and then trade after some time.

[waqarme2]

i think these are the mistakes which the new and fresh traders do, but to overcome these trading mistakes one should learn the basic concept of trading then there is no problem for them to work in this forum.

[moti]

very useful post it is. but most important thing which I think is the most important is that lack of confidence, as the new bie we can trade confidently in demo account but could not gain confidence in real account. so new bies fail in real but succeed in demo acount.

[dineshji]

if one reason that make traders loss in forex is trading against the trend is there any way to know the direction of the trend at the long and short time because i do not have good result for follow the trend.

[birbolnath]

Thanks for this important tropic. Its really helps for beginner. Other side money management knowledge should be need for everyone. Trading & Money Management are related subject. Its helps for trading.
Without any knowledge about forex, its really herd to operate trading.

[moti]

full margin use is one of the reason that make traders loss in forex market if trader win for the first deal he will use all margin to the next deal that make him lose current deal and the profit of the last deal.

[redlion]

thanks bhai, that is worth its weight in gold. your advice is gratefully taken and will try my best to stick to it. this is what we junior members of this community expect from the verterans of the trade. thanks again and keep the good work going

[taufiqbd]

In my observation beginner trader loss for forex some common reasons. These are
1. Insincerity
2. Lack of forex knowledge
3. Punctuality
4. No knowledge about risk and money management
5. Lack of proper guidance
6. Aggressive trading mentality

[yaar]

Trading plan, patience and money management are the keys of success in Forex. And expectations and emotions are the enemy of success. Every newbie should have these points in his mind for a successful trading.

[sudsind]

Thanks your points are absolutely right and according to me and my own experience the most dangerous thing is over trading, most of the time with over trading whether opening more trades or opening bigger lots kill the account or take away all the profit made..

[mastri296]

Trading plan, patience and money management are the keys of success in Forex. And expectations and emotions are the enemy of success. Every newbie should have these points in his mind for a successful trading.

newbie should be disciplined with money management and stop loss in their trade, so they will not experience large losses and can be successful in their trade.

[cac4a26]

trading plan that is allotment of a claimed ambition assembly had annihilation to do I anticipate the appulse on the accident you suffered because according to my trading plan that is associated with the architecture of your business in the forex.

[shamim3040]

I think you are given obviously right things for failing in trader.Thanks for giving good tips.Its help other to trade successfully.I thing money management is great rule for failing in trade.
We should control our greed and emotions.

[wavestraders]

Nothing is perfect. So we can just increase its efficiency to about to some extent when our profits are greater than our losses but not 100% accurate strategy which only gives profit without loss,.

[rock]

For the new trader its very important to go for the trading with the patience and they need to take experience and for that they must go for the demo practice and get win here with that experience.

[dlesar]

Top 10 Mistakes Traders Make (newbie just look it)

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.
One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

[nomz]

i like the number 9 the most. if some one id not ready to accept their mistakes then they will never learn from the mistakes that they make and they will remain over there and will never improve specially in the forex business

[ishvara]

i like the number 9 the most. if some one id not ready to accept their mistakes then they will never learn from the mistakes that they make and they will remain over there and will never improve specially in the forex business

Many forex currency traders do not accept losses as well in this business. This makes them to keep trading even when they are confused and this is going to lead them to a lot of losses in this forex trading business.

[AffiliateTurbo]

good tips great topic, its good for every newbie in the busines, just read this, and you dont think bad about forex again, you can learn from every where, dont worry, everything good is possible, if you expirienced!!! ;-)

[fxashik]

Good things, We should obey this rules, one think i like most is trading against the trend and trying to pick the top and lower button. I do it every time. But proper money management and discipline can help me to reduce my problem.

[riddhan]

my mistakes is expectation is very high, with only capital $100 i hope i always got profit more than 100% every day, its very bad for trader to make more better transaction in forex market, we must realistic before make target in forex market

[joget]

that's very good tips to ALL not just only for newbie. and not just look it but must be considered. Average weakness of the trader is not having enough patience. to carry out discipline to the plan that has been made, or are vague and lack details of his plan.

[talha007]

Yes Bro......You dam right .I also agree with you.Maximum Traders does not has enough knowledge about forex which is very important point of mistake.Another thing lack of practice in demo account is one the common mistake of lose.

[sachin]

Goood money management with proper timeline is the key of sucess in forex trading..many trader make mistakes but skill trader is one who learn from the mistakes and improve their trading...

[sinaga]

Top 10 Mistakes Traders Make (newbie just look it)
This discussion thread that could help education in the trade. maybe we can learn from mistakes to get up in the trade. common mistakes made by traders is that he was not able to master the discipline of money management that are used in trade.

[wendhrie]

A simple plan that is still difficult for me to do is discipline to use Stop Loss.
Maybe, otherwise trade I can say will be disciplined, but a reality if in front of the market, I often break them.

[rahool]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

yes, it's true everything you said my brother, I advise you not to put your money before you understand the forex market, by what you will lose all your money if you do not have the experience and knowledge.

[seahawks90]

i must say that most of the newbies always do the trading with emotions and with a lot of aggressiveness and by doing this thing they always make loss
so they must have to avoid these things and i must say that they have to work hard.

[waleedkhan]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.

kafi achi baata batain hain bhai aur yah kafi achi tips hain agar hum in tips ko follow karain tu hum kafi achi trading karah sakta hain aur is waja say hum kafi acha profit gain karah sakta hain mujh jo zayda jo 5 aur 6 line kafi achi lagi hain.

[kapil_chemical_07]

What a post ! Awesome ! Just awesome ! Thank you brother, for giving this types of post that makes people conscious about their lickings and they can be changed themselves for making profit.

[vanigota]

i think greedy is the famous problem on the traders. greedy is our nature so greedy be the enamy of the traders and can call thats trader is the big enemy selves. difficult to avoid a greed if we are not train our psychological. a good psychologi of trading can make us always on trading rules, and certainly we dont trading with greed and emotion.

[tashnotashi]

Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it's not any specific trading methodologies that make traders successful, but instead it's the overall rules to which those traders strictly adhere that keep them "in the game" long enough to achieve success.

* The following are 10 of the most prevalent mistakes that traders make in futures trading. They are listed in no particular order of importance:

1. Failure to have a trading plan in place before a trade is executed.

A trader with no specific plan of action in place upon entry into a futures trade does not know, among other things, when or where he or she will exit the trade, or about how much money may be made or lost. Traders with no pre-determined trading plan are flying by the seat of their pants, and that's usually a recipe for a "crash and burn."

2. Inadequate trading assets or improper money management.

It does not take a fortune to trade futures markets with success. Traders with less than $5,000 in their trading accounts can and do trade futures successfully. And, traders with $50,000 or more in their trading accounts can and do lose it all in a heartbeat. Part of trading successfully boils down to proper money management, and not gunning for those highly risky "home-run" type trades that involve too much trading capital at one time.

3. Expectations that is too high, too soon.

Beginning futures traders that expect to quit their "day job" and make good living trading futures in their first few years of trading are usually disappointed. You don't become a successful doctor or lawyer or business owner in the first couple of years of the practice. It takes hard work and perseverance to achieve success in any field of endeavor--and trading futures is no different. Futures trading are not the easy, "get-rich-quick" scheme that a few unsavory characters make it out to be.

4. Failure to use protective stops.

Using protective buy stops or sell stops upon entering a trade provide a trader with a good idea of about how much money he or she is risking on that particular trade, should it turn out to be a loser. Protective stops are a good money-management tool, but are not perfect. There are no perfect money-management tools in futures trading.

5. Lack of "patience" and "discipline."

While these two virtues are over-worked and very often mentioned when determining what unsuccessful trader's lack, not many will argue with their merits. Indeed. Don't trade just for the sake of trading or just because you haven't traded for a while. Let those very good trading "set-ups" come to you, and then act upon them in a prudent way. The market will do what the market wants to do--and nobody can force the market's hand.

6. Trading against the trend--or trying to pick tops and bottoms in markets.

It's human nature to want to buy low and sell high (or sell high and buy low for short-side traders). Unfortunately, that's not at all a proven mean of making profits in futures trading. Top pickers and bottom-pickers usually are trading against the trend, which is a major mistake.

7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed.

8. "Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.

9. Failure to accept complete responsibility for your own actions.

When you have a losing trade or are in a losing streak, don't blame your broker or someone else. You are the one who is responsible for your own success or failure in trading. You make the trading decisions. If you feel you are not in firm control of your own trading, then why do you feel that way? You should make immediate changes that put you in firm control of your own trading destiny.

10. Not getting a bigger-picture perspective on a market.

One can look at a daily bar chart and get a shorter-term perspective on a market trend. But a look at the longer-term weekly or monthly chart for that same market can reveal a completely different perspective. It is prudent to examine longer-term charts, for that bigger-picture perspective, when contemplating a trade.
ap ne kafi achi maloomat ham se shae ki ha app ka bahot bahot he shukriya wese main to app ko yahi kahoun ga k app forex trading main es sab mistakes ko control karo or phr dekho app ko kitna profit hota ha

[aina]

I would like to emphasize on the discipline in the trading. As the trading requires several entities to be worked out before there is any real trading in the account. The most important of these are the risk and money management.

[djsaif]

favourable issue bro. aap ka sagyan mujhe aacha laga. kjhas karke money mangement and Trading against the trend jyada khatar nak he. to hum jaise newbie ko voice yehi lession bar bar parna he aur ye ssab bat ko bas apne dimag me ek dam jor river chahiye. aur ha sirf error ka karan nehi iska hal ko bhi dhunda parega aap ko. ta ki aap ye galti dubara na kare.

[ishvara]

While trading ,mistakes are natural thing but yes traders have to be aware of the facts ...
In maximum cases its seen that the greed becomes the main reason for losing their trading account pretty early ....

I know that mistakes are natural in forex exchange trading business and that is why we must control it. All traders have their own different mistakes that they make in forex trading so we must find our mistakes and eliminate it.

[remaso]

yes that's what the study is ongoing in this business
many things we have learned that we succeed in this business
discipline, mm, good emotions and good strategy

[zeshan]

very good dear u notify the mistakes of traders it is very useful for new traders and u are 100 % right all above mistakes done by traders and they take loss if they control on them they can no loss

[ikram9876]

mere bhai ap ne ak dam sahi points bata ye hain humary leye ... hum koshish karengy ke en points ko follow kary or ye mistakes na kare or hum sucussful trader bany thanks bhai

[jab we met]

very good dear you have just share some good and valuable things with the trader through this fourm off course if we our come our mistake then we can make big money from the forex market

[incredibleindia]

Many traders fall into the mistake of expecting to earn way too much from their Forex trades. Not only does it increase the trading risks, but also they end up over-trading and achieving even less than that.

[Bankmen]

5. Lack of "patience" and "discipline."
Discipline is the first rule in trading forex because if you entry in market any time just because you think it is good price you will lose balance very soon in forex trading and that is the problem that trader have.

[Gurufx]

very good dear you have just share some good and valuable things with the trader through this fourm off course if we our come our mistake then we can make big money from the forex market
as a trader expert i have test many strategy on a demo account, I used timeframe daily to analyze trends, and also use 1h TF to analyze the exact entry point, but of my trading systems sometimes give false signals, so I should always use a stop loss.

[zeshan]

yes u are right sir the above mistakes mostly do by the traders and they loss the money if they control on them they can earn the money and get the more income

[zytuy11]

these are very good tips that a newbie in forex can read and learn for an effective traing plan. money management and risk management are one of the essentials according to me and must be looked upon

[tarun2305]

these are very good tips that a newbie in forex can read and learn for an effective traing plan. money management and risk management are one of the essentials according to me and must be looked upon

ye to thik hai bhai par mere hisaab se agar daily profit mil raha hai to kabhi kabhi break le lena chahhiye jab kuch samjh na aa raha ho. ya kuch logo ka kahna hota hai jaise yaar aaj ka din achcha nahi hai. to us din bhi break lena thik rahta hai.

[bjbh427]

this was really some helpful information and i think that everyone here should try to avoid all of these mistakes,,,,
i think that i can work on all of these in this month and correct the mistakes that i usually do.

[3mala]

Making such a trade is not a problem, Yesterday, I turned $11 in my small account to $26 and immediately, I withdraw the profit of $15. I traded the news effect and I set a TP for the trade. The best way to trade when you take a high risk is to use a realistic take profit.

[spread]

I think this will be useful information for beginners so they can starting a good trade, this point: " Lack of "patience" and "discipline." I think the most important is that they always have to have discipline and patience

[puri]

i tried to find out what mistakes i used to make in my strating trading days, first not closing my trade while i was in profit, second not setting stop loss and third using higher leverage or margin which make it difficult to sustain in bad times.

[deep]

Little knowledge or incomplete knowledge is just equal to knowing nothing so a trader must make sure he trades after gaining proper knowledge and analysis and then trade after some time.

[Zubaed]

All newbies and among all trader should obey these rules so that they can avoid failure in forex trading.Without good qualities you can not be a good trader and it is very difficult to survive in forex market.

[syphertob]

with the passage of time would later realize that it's important to do and obey and you will get result which will be very fruitful for you so its better to set stop loss in every trade we make to minimize of losses.

[brutu]

Management and time management that adequate funding is appropriate, necessary for all merchants ..
If you can spend your money on good information that you have a good time, because you're managing your money and time ... results will be very beneficial for you and can be obtained, it is always advisable

[aamu]

yes,even i have made these kind of mistakes often.But i have always thought that my price will attain the TP ,but it wont and finally it will land me in loss.
so when the trade is running in profit and there seems reversal of trend,then simply close it.

[rathod]

because when we are greedy we definitely want to always make trades until over trading,
because when we are greedy we definitely double the lots with the hope make a much profit , but not like that friend, we'll get the opposite ....

[rathod]

yes as you mentioned in point 7 i always wait for my losing tardes to gain back but it always result me in facing margin calls so i have learned to close the trades if it further going to loss but at that time some times after closing tarde the price moves in my direction and then i again fell why i have closed

[puri]

Right basically newbie start forex trading without knowing proper info about forex and how is it risky and how much we have to take risk on different situation and this makes many traders to lose their hard earned money.

[puri]

Everyone moves to forex because they want to make more and more money in short period of time which can be done legally in forex only but it requires traders learning and experience the helps them to make their orders profitable.

[affan9011]

Wheather you are able to spend your money in vantage deals in advantageous period, you faculty get ensue which will be really plentiful for you..so its e'er well to handle your money and indication decently

[kaia]

Many make the mistake I think it's a natural thing when we are still learning. But if you can continue to improve our capabilities, please do not give up halfway. and makes us regret later.

[puri]

Right greed is the main reason why traders a;ll over world lose their entire money as they thinks they will get more and more money in short period of time but they never think that forex is high risky business.

[iqbalmaken]

when we become masters of ourselves sediri that agency we accept the adeptness to accomplish commands on ourselves and I anticipate acceptable consistently to administer ourselves to be accommodating and disciplined.

[zytuy11]

all these given tips are an excellent source of information,,, without the trading plan i would suggest to keep away from the trading and secondly emotion management id also of paramount importance

[shanti]

if me experience to learn from your mistake and taking a step to prevent such loss from recurring and as soon as achieving the target go for increasing the targets in quite seasonal gap time and gain more knowledge in forex trading so as successful trader you need to have some loss to earn some profit.

[kaji]

"Over-trading."

Trading too many markets at one time is a mistake--especially if you are racking up losses. If trading losses are piling up, it's time to cut back on trading, even though there is the temptation to make more trades to recover the recently lost trading assets. It takes keen focus and concentration to be a successful futures trader. Having "too many irons in the fire" at one time is a mistake.
over-trading is the most common mistakes made ​​by beginners. they are greedy to make a target profit in the trade and never felt satisfied with the profit obtained, and they also often feel resentment when he gets a loss and want to restore their lost money quickly and instantaneously.

[Morshedul]

These mistakes are really great mistakes done by the forex traders. I am giving you thanks for posting these mistakes by which young forex users will learn a lot and can learn from those mistakes. I think these might help others.

[mmassi]

Most beginners commit the same mistakes in their trade in this market. So you have to learn and further develop our traffic indicators in the study, I think that there is no end because it is our duty to continue to learn and correct our mistakes.

[hikaru fx]

if we try to trade like robots and keep our emotions out . the more disciplined we are in the implementation of our strategy , the more are the chances for us to keep the emotions out. so its very necessary for us to do the trading professionally

[bdays]

Alatnillat in circulation and a lot of people tampering with it is calculated in Forex or play a game and is a guest but you are the worker and the manager responsible for the piece are the hardest profession to control yourself and to work according to plan and the principle of a given.

[place]

newbies are depositing as well.but they forgotten one more important things.that is good management,some traders are losing for bad money risk management of balance and should learn about it.

[shemozz]

Article is useful and good for any new trader should follow its existing tips ... I think it's the most important points that must be followed by rolling is to have a good strategy is to trade through and away from the emotions and that is characterized by patience and not to rush ..

[naveedkhan]

aap ni sahe kaha ko logon ki pass Forex ki hawali si bunyade ilam neahe hotai aur yaha aati hi ki bas kuch gento mi apna surmaya double karengai, aisi nahe hota, pehle sekna partha hi aur per is aamal ko martha waqat ta jaren rakthai hi surf we log yaha pi kamyab hotai hi.

[irungu10]

there are so many mistakes forex traders do, they have these kind of trades that a greedy person has, avoid being greedy, learn from mistakes, over trading, poor money management, exitement and when you they trade, they avoid doing the hard work and lose when they cannot be able to trade they close. fear.

[najwa]

many beginner traders are impatient. Too quickly in the open position, and do not take into account the analysis or a good money management. If it's been like that, it will be very close to the floating minus the margin call to end loss.

[joru]

Most of the trader first enter in the forex market without knowing any knowledge of the forex trading it is bad but after entering they try to get more profits and while doing so they place many trade it is the worse things they are doing while trading that things must have to avoided.

[joru]

Most worse mistake done by the new traders is that they just go to deposit real money in their forex account. But after depositing the money they try to make more and more profits from that amount. While doing so they place many trades so the balance may get margin call due to the volatility of the market and they lose whole amount.

[purohit]

i have the same feeling as you brother, whether the money came from our pocket or from bonus posting we have to trade it carefully

[joru]

ya learning from our previous mistake is very must to keep ourself in the hunt for earning profit in money. u must work on ur mistakes and should never repeat that mistake in future

[aamu]

This discussion thread that could help education in the trade. maybe we can learn from mistakes to get up in the trade. common mistakes made by traders is that he was not able to master the discipline of money management that are used in trade.

[sumonmia0526]

a proper money management with a good strategy never failed .this is possible to loss many traders but we must have to look forward that the major part have to win.otherwise everything will waste ..timing is also another important part of trading .and repeated mistake is a common fact in this field and we must have to concern about that

[hitesh]

7. Letting losing positions ride too long.
this is the most common mistakes happen to new traders i think. hoping the price will get back the way we want can makes us loosing our discipline in runing our rules. once we're not discipline, we're not being a logic anymore. Always use SL to avoid this to happen.

[isbhacker]

You rock man. especially point no 8 and 10 are worth mentioning .Keep it up bro.

[hello927]

Its wonderful article not only for newcomers but also for the other members of the forex. You have elobrated the trading techniques very well. Most important thing is the confidence ion trading that i can do and take profit. Good sensible approach.

[aarti]

to suffer loss is better than having a margin call. and one thing that can avoid us from margin call is only a money management. This basic rule actually what will saves our account mostly. you don't believe me? the fact is, most traders lost because over trading the lots.

[mehedi islam]

very educative posting for the newbie. every newbie should read this and learn from this post. they should not do the mistakes that is pointed her. wll done mate. keep posting this type of educative posting, so the newbie will get the genuine benefit of using forum. good luck.

[silentbuddy]

in my opinion all those guys who join forex for the sake of earnig money in a quick and swift manner are highly mistaken. since they come with alot of expectations from forex trading, so even a small loss is enough to jerk them off.

[hitesh]

lol, same with lot of my experience. sometimes hoping the price to get retrace can make us suffer even bigger loss. we should avoid this kind of thinking. Hoping is not logical way to be involve in our trading. that's why it's adviably to always use SL in each position.

[sufanw1]

True. Mistakes are often made by a trader at the time was trading forex. Thank you friends have been telling mistakes common mistakes made by traders or general dilakuka while trading forex. Hopefully this can help me and others.

[elking]

There are lots and lots of mistakes, which is located by workers such as forex rush, tension and also urgency in the completion of transactions, without conditions and this is Kha errors lead to loss

[irfan]

Forex is not a simple business and a beginner is likely to commit mistakes so the more important is to just notice your own mistakes and try to remove them. The trader who does not learn from his mistakes and does not correct his mistakes can never become successful.

[azhar5]

every forex trader do some mistake,i think only expert trader or experienced trader are free from doing mistake,this mistake can cause a huge losses in trading,so all of us should try to avoid mistakes.

[tarun2305]

mistakes in trading will continue to do, and sometimes we do not realize it until we get in trading losses.
mistakes that we should do in trading quickly we know, and eventually we have to fix any mistakes, so do not be repeated.
haan ek na ek baar to galti to sabse hoti hai par un galtiyo se jo koi bhi seekhle use phir aage kafi acha profit ho jaeyga bas use jo bhi galtiya ki hai use dubara nhi repeat krna haitab hi acha trader ban payega wo

[sumonmia0526]

trying to catch the trend every time and more risking behavior also cos of loss our money ...there is no need to trade when we can't concentrate ..we must control our trading and trading volume ..without any money management this is impossible to stay long .

[theniceone]

i have share some mistakes which is harmful. Trading in Forex with out experience...Trade without Money management...Trading without any strategy..Trading without against direction of the market,..Trading without information of the market trend...Trading with greed...Trading with unconsciously

[tamanna]

I think doing mistake is very common thing in our forgoing life. Sometimes few trader take wrong decision mistakenly. As a newbie i did lots of mistakes which helps me to be right in future. Mistake teaches a man to learn.

[Humayun]

Yes most traders often mistakes above ten things. it is important for all trader. it helps to trade correctly. actually every one think to spend time on news it may waste time . it is great wrong . they can not reach right decision.

[purohit]

Management and time management that adequate funding is appropriate, necessary for all merchants ..
If you can spend your money on good information that you have a good time, because you're managing your money and time ... results will be very beneficial for you and can be obtained, it is always advisable

[Fahad]

you have posted a most knowledge ful thread for all of traders ,
i think it is the best thread for beginners to follow and also for all the other traders, if w kept these points in mind while trading then it is sure that we will earn profit and there is very low chances of loss

[dark_rabi]

Thank you very much to share this great tips with us. This will be so much helpful to us specially for the new comer to learn trading. If we avoid this things during trading and trade carefully then, we will be able to get a good profit from Forex.

[zizhost]

attempting to find the particular development every time and even more jeopardizing actions in addition cos regarding loss our own dollars, you shouldn't have in order to trade after we cannot concentrate, we have to command our own trading along with trading amount with no dollars management this can be difficult to remain extended.

[kiran]

i think greedy is the famous problem on the traders. greedy is our nature so greedy be the enamy of the traders and can call thats trader is the big enemy selves. difficult to avoid a greed if we are not train our psychological. a good psychologi of trading can make us always on trading rules, and certainly we dont trading with greed and emotion.

[younesjoe]

yes a igree with , thank you dear moderator for this article it's important to any new beginer or newbie , to can not repeat or make this mistek , for me i see a risk management it's important to keep it and to protect a capitale above the risk.

[100 to 1,000]

Is really all that I said is true and I have signed most of the following errors in the
But there are other errors occur for some traders,
such as not trading long enough to demo

yeah, i agree with you. not using a demo account for the appropriate amount of time can also be the cause of loss.
because we think we can make profit by using the demo for two weeks we think that we can also do the same in the real account.

[Rahul]

Mistakes...hmmm aadmi to galtion ka putla ha ...hum jitna b chahe mistakes to kabhi b ho sakti ......ha haan lekin hum experince ko le kar and mistakes ko repeat na karni ki soche to at least mistakes kam ho sakti ha