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

[moshiur]

Throughout over twelve to fifteen several years inside stock options sector, I�ve brought about over 1, 000 tutorials in selection exchanging. In that occasion, I�ve witnessed brand-new possibilities people create a similar faults frequently � faults which often can quickly always be definitely avoided.

[lovecurse]

There are a lot of mistakes might occur by novices in the field of forex, leading to loss a lot of money and these mistakes may be due to haste or greed or tension Aokulq We must and we are working in the forex market to be patient and durability and lack of discomfort of the consequences of price many

[buntysaha]

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.

[arami]

a list of the Top 10 Traits Of Successful Option Traders. They Are Properly Capitalized � A very common mistake for beginner traders is not being properly capitalized. ... I was living in Grand Cayman and had just started options trading. ... While it's still possible to make money on the long side while the market is in

[easy_mezoo]

Good topic I think that any novice trader to learn from these mistakes to avoid falling ... although the experience can only come to practice and mistakes

[xomes]

I think it's best to stop using the 10% margin on all routes combined, as it is the basic principle of money management. The basic idea is to preserve the commercial capital and ensure that we can grow the capital account in the long term scenario.
Considering risk is very important in forex trading, some one said, in forex trading, it is easy to make money, but how to keep the money is much difficult, if trading without good money management, one loss can take away all you profit, even more.

[freaky1212]

There are many mistakes that foreign exchange traders make. One of the mistakes that some of the traders do make is opening a trade without stop loss. Some traders neglect to use stop loss in their trade. Stop loss is very important.

[Ownway]

yes...! This is an important thread for all of us. For the newbies this thread too much important to follow. Bcz traders are doing a lots of mistakes for this they are falling in the loss. So among the mistakes there has been shown top ten mistakes which is too much occurd. So i think all i should do follow this that we can do remove from our trading specially for newbies.

[alpana]

Top 10 Mistakes Traders Make (newbie just look it)1-Set a target for you... like a sticky amount of money every month.
2-Analyze the market daily and don't fight the chart.
3-Be patient.
4-Withdraw your money regualrly.

[m.awais]

It isn't always easy being a nob. Whether it's in taking on a new job, starting your own business, or trying out a different sport, the degree of uncertainty in a new and unfamiliar undertaking can sometimes be overwhelming and push you to commit mistakes. Trading is no different. Here are of the most common mistakes that newbie traders make:
1:Trading Without a Plan
2:Not Setting a Stop Loss
3:Revenge Trading
4 Having Unrealistic Expectations etc..../

[cempetrader]

The Ultimate secret is to trade very small compared to account size, never risking more than 1% of your acct on any one trade. This will take most of the stress out of trading. Also by doing this you can walk away from your PC and have a carefree attitude on where the market will go.

[upline]

yes I consent with you self-control and tolerance is the key to the achievements of this company and all it requires very lengthy to do this
and effective investors are those who can management himself.

[apple5]

thank you for giving such a informative post.I think you are right.all the trader make some common mistake and for that they have to suffer a lot.as i am a trader and i am inexperienced trader that i also made such mistakes.so it is common to make mistake when trading in forex.but every trader have to avoid this thing to increase profit.

[bilalpakistan]

Yes i agree with you,
your post are very informative. ... i guess the failure problem u pasted
are really happening with people. and i need to think on how to overcome it

[Chow.ash]

i don't know about this.You have rightly pointed out a very good point and which newbies frequently commit. earlier I used to wait for the losing trade to reverse and make profits but in most of the occasions, i lose big. so its better to set stop loss in every trade.

[rasheed85]

yes of course these are some common mistake that done by all trader and suffer loss in the forex market but if we follow the trend of the market and read forecast on the daily basis then we can make here very huge income, we always need to give some time to learn the forex market because without learn we can not earn money.

[junaidi99]

one mistake new traders are overconfident. too confident because often resulting in lost profit analysis when the next open position. overconfidence often leads to a sense of lack of discipline of the trading rule.

[mr kashif]

thanks dear, very informative post and agar hum isko read karen to phir hame bobut se useful tips mil jaati hai jis se hamen forex main acha profit ho sakta hai, and agar hum forex main learning karen and with rules karen forex main work to phir hamen bohut acha profit ho sakta hia forex trading main q k limit main rehny se hum discipline trader ban jaaty hain!

[jawadanwar]

this topic is very helpful and in my opinion if someone avoid committing these mistake they can be successful and earn a lot of pips in forex trading but apart from these this should be kept in mind that do not make the same mistakes again.

[bipul11]

When we can factor out our errors in the dealing industry ..it becomes possible for us to fix those .So,that we can't do it again those and business perfectly later on .Mistakes are very typical and we can't refuse those ..just we can management those with appropriate knowing.

[shepon93]

****. 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 protecting 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�. You have rightly piercing out a very good point and which newbies frequently commit. Earlier I used to wait for the losing trade to annul and make profits but in most of the occasions, i lose big. so its better to set stop loss in every trade we make to minimize of losses,Dicussed very sort .

[dech2003]

Perfectly said, these are the mistakes we trader keep committing every day. The irony of the things is that many of us know these mistakes but ability to discipline ourselves or would i say tame ourselves in other to adhere to these things is what many of us lack. But happy is the newbie that early take head to this instructions

[mohammed khalil1]

Thank you very much to offer for the beautiful Mouchaa This is Me I read and benefited from it hard generally Lake Thanksgiving and downright Houdrtk tactful dealer Excellent Lord to help you and Akram

[mahitosh]

Personal money management and time management is essential for all traders ..
If it does not do any good to spend money on the time it will be useful if you decide .. He is always advisable to manage your money and time too.

[rabia2021]

yeah these are some common mistakes everyone done in the forex market if we do not want to suffer loss in the forex market the we need to control on these mistakes and also we need to mange our money well in the forex market and always we need to follow the indicators,

[edomz]

wow very nice topic. even after reading it, I felt that it was me. thank you because you remind a few things to me. especially those in the number 7. I always sit in a losing position very long. and do not learn from my mistakes. Now I am ready to rise.

[asikrana]

trading plan that is part of a personal goal comrades had nothing to do I think the impact on the loss you suffered because according to my trading plan that is associated with the design of your business in the forex

[ashvi]

trading plan that is part of a personal goal comrades had nothing to do I think the impact on the loss you suffered because according to my trading plan that is associated with the design of your business in the forex

Having a trading plan is very much essential in the forex trading field otherwise we can get no where in this highly risky market. Thus, i would suggest that its always best to have small and reasonable target. Most of us have to just plan it out to be financially free, it doesnt actually require for us to make huge money. Its the money management which is important.

[seeker]

i think he also a great forex trader that able to read the market movement and predict it precisely, he also capable in entering the market once he sees an opportunity,,,

[zeb]

Novice traders often see Forex as a simple way to become rich in a short period of time, without actually considering the risks and effort that must be put in to achieve such a goal. Placing very large trades in proportion to your account balance in an attempt to make a huge profit is unlikely to be successful in the long term because eventually a trade is likely to go against you, leading to severe losses.

---------- Post added at 03:53 PM ---------- Previous post was at 03:49 PM ----------

A common mistake made by novice Forex traders is to begin trading without having sufficient knowledge of their chosen currency pair(s) and how currencies are influenced by global events. Learn as much as you can about how different financial markets impact each other and how they intercorrelate, ie stocks, bonds, commodities and Forex. This knowledge will enable you to make better informed trading decisions when various economic figures are released. It is also important to identify the type of market that is prevailing to allow you to adjust your strategy accordingly and thus avoid entering into losing trades

[seeker]

i would suggest that its always best to have small and reasonable target, most of us have to just plan it out to be financial free, it doesn't actually require for us to make huge money. its the money management which is important..

[rubel3]

trading plan that is part of a personal goal comrades had nothing to do I think the impact on the loss you suffered because according to my trading plan that is associated with the design of your business in the forex.thanks...........

[sonyole]

Yupss ... I am in line with you, especially on the third point:
3. Expectations that is too high, too soon.
Indeed, most of the new traders to pursue profit-oriented lot, in a short time. This is what causes the trader to fail, too busy making profits but forgotten risk factor. That mindset should be immediately removed, and replaced with forex trading as a long-term and sustainable business.

[enter]

Having a trading plan is very much essential in the forex trading field otherwise we can get no where in this highly risky market. Thus, i would suggest that its always best to have small and reasonable target. Most of us have to just plan it out to be financially free, it doesnt actually require for us to make huge money. Its the money management which is important.

yes, just make the small planing is enough , make some planing which is enough for our life to using that money , i think this is good for the trader to just make that planing only on their life this is the good choosing for them

[uptrendmen]

if traders do not have a good trading plan when trade start to trade in real account they look like a blinded people, they will not know how they work, so plan is very important for making traders' success.

[richard]

trading plan that is part of a personal goal comrades had nothing to do I think the impact on the loss you suffered because according to my trading plan that is associated with the design of your business in the forex

with a good plan then we will achieve the right and will win most of us only use their emotions and greedy kadi Jaid rapidly losing trade purposes should

---------- Post added at 01:29 AM ---------- Previous post was at 01:27 AM ----------


trading plan that is part of a personal goal comrades had nothing to do I think the impact on the loss you suffered because according to my trading plan that is associated with the design of your business in the forex

with a good plan then we will achieve the right and will win most of us only use their emotions and greedy kadi Jaid rapidly losing trade purposes should

[dibash]

Top ten Mistakes Beginners Make:
10. Creating 4 pets
9. Avoiding the Games section, and heading to Chat/Etc
8. Spamming the Message boards with constant questions
7. Posting messages like �rate my user lookup� when they haven�t changed anything at all,
6. Join guild, leave it. Join guild, leave it,
5. Not creating a bank account, then losing it all (or part of it) to one of Neopia's oh so not-loved villains,
4. Going to the pound and getting many pets, then putting them back into the pound,
3. Not �spreading your wings� far enough,
2. Claming you�re something you are not,
1. Getting Scammed/ believing scams/getting hacked/Ect
****Super Huge Hint(extra)**** I can not stress this enough. Being a newbie you�ve got millions of little daily freebies (and just one-time freebies) that other users may not have.

[shanmun]

kjhas karke money mangement and Trading against the trend jyada khatar nak he. to hum jaise newbie ko bass yehi lession bar bar parna he aur ye ssab bat ko bas apne dimag me ek dam jor lena chahiye.

[magdy]

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...

[dibash]

Dear Bro,
I will try to heart and soul best answer for you any question of any time.thank for you.

[Mas]

Thanks you've already warned me but I guess it all depends on the trader is itself and how to keep safe and MM to always be in use at any time without the risk of losing the funds that we have, in addition to that we also need to be patient in the face of market and do not be emotional

[whiteid]

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

all traders should be able to make the money they invest in forex trading can generate a lot of profit in the transaction, and they should also be able to make money to be safe for use as stock trading, money management application will be required for every transaction.

[mdjoy50]

futures trading requires avoiding numerous Traits Of Successful Option Traders. They Are Properly mistakes typically made by new, inexperienced get more profits using these 5 forex techniques That First Time Forex Traders Make

[rumi1212]

yes , i think so charting software for you. Personally, I like charts; they are very user friendly and there is a free demo version, which I have been happily using for the past 5 years.

[chupke]

Top 10 Mistakes That First Time Forex Traders Make ... In this article, we'll look at 10 common mistakes that sink many beginners before they ... When a beginner starts seeing positive results from a trading strategy, the ... Moving stops and changing your trading rules

[nsm23]

I want to thank the author of the post for sharing with us all these information are very useful especially for beginners. What I personally I think the best way to learn is by trading with virtual money, because it is pratoquant you learn best.

[max200]

appropriate control and appropriate effective time control is must for every investor.If you are able to spend your cash in discounted prices early enough, you will get result which will be very successful for you..so its always advisable to manage your cash properly.

[frok]

here is many mistakes can be done by the trader and this is very risky and with these ,mistakes we can got loss and may be we will eliminate from the trading for those month so we should be avoid them to trade with out analyze and the main thing with out management and plan about trade

[pooshpa]

top ten mistaks by trader first bad analyze second lack of study third no prectice four no use demo fifth no experience six they not join forum seven did not know trend eight did not use indicators nine greed ten they have less time for trade

[pooshpa]

mistakea tradr make in forex trading jsb trade shuro krty hain to bian marekt trend ko jany is main trade krty hain or pher is main tools ko use nahi krta jasy stop loss hy or take profit in ko use krna zrori hy or indicators ko bhi use krna chahea

[tul]

Gets very relevant results for you, if you spend a lot of money in the good times. and manage their money, it is always advisable to properly.

[aun]

Letting loosing position on in waiting that market will bounce and we will surely win this trade is one of the common blunder of traders. I also do this and loose half of my capital in just one trade waiting for good time. it was a mistake . I should just close and try another trade.

[eng2012]

I think that we should avoid all too well those mistakes that lead to big losses so that we can achieve profit easily and get to success in trading with ease

[gillani24]

There are many mistakes that traders done in forex. Most of them are below.
Traders trade on forex with greed and lust.
Traders trade on forex with over confidence.
They also trade on forex with emotions.
These are the bad habbits in forex trading that kills investment of a trader in forex.

[nj_ramt]

many many thanks for post this kind of thread.by this post i know many thinks.i flow this tips.it help me trading well in Forex.

[hina fatima]

True friend because the less we make a mistake then we get smaller when we need to make improvements to the error and speed us to understand the Forex market.

[hemi]

mistakkes boaht hi damage krti hen kisi bhi trader ke capital ko is liye har trader ko chahiye ke forex main koi bhi trade krny sy pehly apni strategy ko chek kry is mian ap ko greed bhi nahi krna chahea kio k newbies ko ziada loss isi waja sy hota hy newbies ko apny emottions py control krna chahea

[Chow.ash]

it is good thinking.if I'm personally for the first time that should be done is to do well because the analysis of learning with the practice of automatically de real account later we will learn money management and so it.

[Chelsea91]

the worst mistake that all newbies make and repeat it whatever we say and advise is trading with lack of experience, they all want to make profits early without learning, they want to get large balance then they think about making experience, this is the wrong scale

[romeofx]

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.

[kashif9760]

dear friend thank to share awesome thread yes humien en ko aviode karna chaye mien ap ko success karne k 11 rules bata ho specially for newbie k lie...
11 Rules of Successful trading ...!
1) Always use stoploss , it will help you to cut your losses automatically.
2) Get of the trade once you reach the target.
3) Trade according to your strategy not with the signals and guesses .
4) Prevent from entering trade when price is at highest top and lowest low , wait for right entry point.
5) Never ignore the news. Before entering any position make sure there is no high impact news in opposite trend.
6) Never open the position if you have any doubt about trade.
7) Always check out the daily trend before starting trades .
8) Never do emotional trading. Control greed.
9) You just closed the trade with loss because direction was wrong. Dont get into new trade with opposite direction . Wait and track the chart . Dont think of getting you loss immediately back.You may loose more money.
10) Search for chart patterns like doubles , head n shoulders etc.
11) Try to learn new things daily.

[prowitin]

Many traders are making the wrong move. It is not easy to be a trader. There are many more mistakes people will do. There are more than 10 mistakes a trader can make. So let's just make the write move to avoide bad comments. There are a lot of ways to make money.

[mgaa]

i think not the same lot brother, but more of the same ratio of lot, example, use 1% margin, kept those 1 % on every trade and dont change it even when the market looks so tempting, just my 5 cent thought

[fawad1]

Well Yes! I fully Agree with it. But the most common mistakes which traders make and loose it that They do not Learn From their Mistakes. They are not eager to learn. They are greedy and Greed can cause you to loose everything in Forex. And one other thing is that they Lack in Discipline and Patience which are the Key to success in Forex.

[himelbf]

But the issue is even after studying it we investors do the same errors. I would recommend investors to first perform on their errors and then business, that's the best financial commitment because it would help you in your lifestyle as well as dealing.

[rabbi89]

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 good indian good forum

---------- Post added at 08:56 PM ---------- Previous post was at 08:40 PM ----------

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. good like forex forum indian thanks

[Discordance]

forex is business and every business has it`s drawons , and forex trading is not easy at all , and you will not make money very fast out of the forex market . because forex trading it is not that easy so be careful .

[pjamiama]

The 1% margin is not good minimum the 5% margin is better.The Main thing is this if you are trading with a good money management and always you learn from yours mistakes,The one thing which is I must say please apply the stop lossing really !!

[emo]

Already the mistakes that traders who lose these mistakes is the most important not to use stop-loss buying and selling and also because of greed

[sameerdurrani]

You have appropriately outlined a very good point and which beginners regularly make. previously I used to delay for the dropping business to opposite and create earnings but in most of the events, i reduce big. so its better to set stop-loss in every business we create to reduce of losses

[farukfx]

ya it is a good thread..i agree with it..most important are maintain discipline and proper money management...If you are able to spend your money in good deals in good time, you will get good result ................

[sofeenevu]

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.

this two makes me loser maximum times. I can't stop my trading from this and lost lot of money regularly. After losing continuously six months, now I can make some profit after avoiding these mistakes

[msdf999004]

I think forex is a good job.long remidy is not good. for all newbie trader i have advice, before you enter this bussines, you should make money management.Good luck..............................

[namrood]

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.

[mohammed bawaaneh]

realy thank you soo mvch i have at least 3 of them but hope if you can give me many solves to let it rubesh and be a good traders realy thanks alot foq this

[yousef3elwan]

The full software package that meets all your needs in forex trading. The eToro trading platform radically different - available in the form of a program that can be downloaded or another copy online you do not need to download - make Forex trading visual experience simple and easy to understand. Although simplicity that characterized it, the program eToro also offers the best when it comes with advanced trading features; Vaduat automatic signal analysis, all built within a set of comprehensive and user interfaces easy to use. It is in light of this huge arsenal, which meets all of the Forex software and a single, comprehensive and simple to make any professional trader feels comfortable full like at home.

[yasefsami3]

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.

[diljaladj]

The biggest mistake any newbies make is to go against the trend which is of course a very silly move but of course most newbies are so impatient that they don't even understand how to locate the trend and they end up going against it and paying the price for it.

[Alexander Alexander]

aap ka sagyan mujhe aacha laga. kjhas karke money mangement and Trading against the trend jyada khatar nak he. to hum jaise newbie ko bass yehi lession bar bar parna he aur ye ssab bat ko bas apne dimag me ek dam jor lena chahiye

[wethaq]

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

[hasena]

proper money management & proper time management is must for every trader..if you are able to spend your money in good deals.thanks

[agenfx]

my opinion 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.thx

[rida1120]

yes of course these are some common mistakes that done by every trader and suffer loss in the forex market if we manage our money well and read forecast on the daily basis and remove these mistake then we can make good money in the forex market we always need to work on the trending market.

[saadfsd]

Well...The first factor is very good and it is a must for any investor that will be successful in currency dealing. Many investors make deals at random without any software system to returning them up. That is the most serious issue in currency trading trading

[patotcho]

for now, a simple plan that is still difficult for me to do is discipline to use sl. might otherwise trade I can say will be disciplined, but a reality if in front of the market, I often break them. how do I overcome this?

[muna1982]

there are lot of mistake we are doing every time and all time we do not know that we are doing that. the great mistake we make over trading according to our capital which finally destroy our account. every time we rush for big profit in short period of time and some time we get profit but suddenly goes condition bad and have to face loss. we have to proceed more carefully and patience so that we can do well in future and avoid the mistake we done.

[BANGUN]

for now, a simple plan that is still difficult for me to do is discipline to use sl. might otherwise trade I can say will be disciplined, but a reality if in front of the market, I often break them. how do I overcome this?

discipline and controlling emotions in trading is the part that will always be difficult to have and done by traders because after trouble controlling themselves in the same trade with us is difficult to conduct disciplinary

[manibhai2013]

Very nice sharing dear i think that every newbie should try to look that article because in this article you explain very good things like trading against trend over trading and much more and these are only those mistake which leads towards the failure keep it up dear and keep sharing.

[md.ali.zinnah]

If I'm personally for the first time that should be done is to do well because the analysis
of learning with the practice of automatically the real account later we will learn money management and so on.

[nafis]

correct money management and victorian instant direction is moldiness for every dealer..
If you are healthy to pay your money in righteous deals in opportune instant, you testament get ending which will be really fertile for you..so its ever best to succeed your money and abstraction decent

---------- Post added at 04:15 AM ---------- Previous post was at 04:08 AM ----------

yes of teaching these are few general mistakes that through by every dealer and hurt expiration in the forex activity if we succeed our money fortunate and read predict on the regular groundwork and disappear these misstatement then we can work smashing money in the forex marketplace we always penury to apply on the trending mart.

---------- Post added at 04:20 AM ---------- Previous post was at 04:15 AM ----------

there are lot of error we are doing every measure and all reading we do not eff that we are doing that. the uppercase fault we egest over trading according to our city which eventually unmake our invoice. every abstraction we displace for big acquire in squab point of term and many dimension we get vantage but dead goes statement bad and score to present diminution. we human to keep many carefully and
patience so that we can do source in hereafter and desist the error we done.

[pitra7]

i very agree with your post about "lack of patience and discipline"... i think this enemy for all beginners traders like me... if i entry market i always fear and don't patience to wait my position into floating plus... and finally i always cut loss because i got spike market... thanks for your post, i will avoid those bad attitude in forex...

[Taram786]

Forex is a very risky business for a inexperience traders or newbies. If a newbie want to get success in Forex then he/she should plan a money management strategy . and also follow the rules of market .

[shipon1]

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, but to starting all business we need plan too, like a Forex. 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.

[kamal8]

Thanks your points are utterly opportune and according to me and my own have the most hazardous abstract is over trading, most of the minute with over trading whether ports many trades or introductory large lots negative the relationship or head forth all the profit prefabricated..

[dais]

trading programme that is concern of a private end comrades had cipher to do I opine the fighting on the death you suffered because according to my trading plan that is associated with the design of your line in the forex.

[aiiu]

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.

over trading that one a big mistake for me, long time ago when i can't control my emotions, when i loss i will be more aggresive and will put more open trading to replace the loss, but now i have a consistent target, loss or profit just close and enjoy :D

[mariaarsalan]

proper money management and proper time management lazmi hai trader k lliye trade main
agar ap main itni kabliyat hai k ap achi money say achy time main trade kr sakty hain to lazmi karen is trhan result apky fever main hoga

[kokababu]

appropriate management and appropriate efficient effective time management is must for every trader.If you are able to invest your money in great deals beginning enough, you will get outcome which will be very efficient for you.so its always recommended to handle your money effectively.

[Discordance]

every trader are doing moistake like you and other dumbasses people that doesnt know how to fuck that chiks properly and you only need that gilr to suck your dick in every morning ,if dont find then you are crazy

[ful]

Proper money management and time management is essential for all traders.Gets the result at best spend a good deal of money, so you can be useful for ... Manages the money properly and to proper time.

[rasheed85]

yes of course these are some common mistake that done by all trader and suffer loss in the forex market but if we follow the trend of the market and read forecast on the daily basis then we can make here very huge income, we always need to give some time to learn the forex market because without learn we can not earn money.

[benboy.ftu@gmail.com]

You are right on the aspect of lack of education. This affects forex traders in many ways. Basic knowledge is required at the start and later on, other complex things are learnt. Lack of knowledge in forex leads to surplus failure.

[monty007]

i cant explain all the 10 mistake but i think the common mistake they do that they become greedy, emotional, wrong timing, wrong decision. We should careful about it.

[hotrahim]

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[pongkoz]

Yes, i believe it, most of the new trader make these mistake, not only new trader sometimes a professional trader can make a mistake like this, it is really bad for trading and trader should to avoid it.

[jannat9500]

appropriate control and appropriate effective time control is must for every investor..
If you are able to spend your cash in discounted prices early enough, you will get result which will be very successful for you..so its always advisable to manage your cash properly

[ashadullaba]

These errors are always the fantastic to destroy our consideration, even in some situation, completely destroy our investment and let us convert from a millionare to a bad in one evening, so the excellent investors will understand a lot to modify themselves not to do these factors.

[jamal2010q]

beginners are deposit as well.but they overlooked one more significant factors.that is good control,some investors are dropping for bad money danger control of stability and should understand about it.

[rupudas]

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.

[samim66]

There are also brokers that allow Muslims to trade in the Forex market without compromising on their religious beliefs. These companies provide features that follow the rules of Sharia Law, and permit �Hibah�. Hibah is a gift that is usually given to a person in return for a loan.

One can also use an expert advisor to trade the forex market, also known as automated or robot trading. Expert advisors can help a trader in the Forex market to make decisions and also remove emotion from strategy. It must however be noted that these are machines and hence

[milan]

any person can say .........proper money management and kosher period management is must for every dealer..
If you are able to drop your money in genuine deals in hot indication, you gift get conclusion which will be really prolific for you..so its ever better to win your money and indication right

[sakira.6]

They'll set a tight protective stop, and if it's hit they'll take their losses 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 job.

[gajahbelang]

With the offers of such kinds, many people are showing interest for the forex affiliates program and trying to bring in more money for themselves, without having to go out of their house or office. For those who are interested in earning through home based business, forex affiliate program can be a good means to bank on.

[benteng]

If a website is aiming at becoming the forex affiliate, it would be extremely important to promote itself through the optimisation methods of the best quality because it not only brings the affiliate site into focus but also increases the traffic. When people are interested for a particular product, it will help them to know more about it in the affiliate sites.

[pastra]

Ivybot is a lot far more of a newest launch than FAP Turbo robot. Ivybot can trade in multi-currency pairs whereas Turbo trades only in a single currency pair. FAP T can trade even even even though you are sleeping or occupies with some problem else. Ivybot is particularly really uncomplicated to set up exactly where as FAP Turbo could generally demand support from foreign exchange consumer care while installation.

[ntoed]

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.

i think lack of knowledge and experience is the most mistake for beginner. beginner think forex is easy, they dont have to learn a lot to earn profit from forex trading. we need a lot of knowledge and experience before we can earn consistently from forex trading even if we use EA or manual. beginner should learn a lot and keep learning when they loss.

[sampo]

However another situation that you need to have to feel about is that you have an further measure of security that implies that you do not have to worry about prospective hackers. Quickly just after all no pc software package is absolutely protected, even so the majority of Foreign exchange trading laptop program programs operate employing a secure strategy that is a superb defense against hackers.

[hassan347]

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 . Good Luck

[submarinepirate]

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

[dady420]

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

[joy622]

mistakes for a forex work and goods income money for a jobs now all man goods work a forex and better income money for a jobs now all man goods work a forex and better income money for a jobs now all man better income money for a forex now traders for a forex.,.,:yahoo::)));):yahoo:

[poncoez]

I completely agree no matter how great a trader if you do not have good money management will inevitably lead to loss or MC. because very important aspect of money management in forex business.

[sracer86]

All these that you've mentioned are very helpful for better trading and most of the forex traders know them well.But when a trader sees a better condition of the market and understands that it's a great opportunity of earning he cannot control himself and that time he takes unnecessary risk with which he cannot deal.Finally he faces a great loss.I think a forex trader can do well if he maintains discipline in his trade.

[alexan]

I completely agree no matter how great a trader if you do not have good money management will inevitably lead to loss or MC. because very important aspect of money management in forex business.
our experience is best teacher in every field of life. we can just learn from other's experience but we will be able to gain if we do with own efforts and hard working which will give experience to work next time better than before

[amine856]

mistakes for a goods work a forex and better income money for a jobs now all man goods work a forex and better income money for a jobs now all man like him a forex work and better income money for a jobs so join a forex work and goods income money for a jobs.,.,.;):))):))):))):)))

[xomes]

All these that you've mentioned are very helpful for better trading and most of the forex traders know them well.But when a trader sees a better condition of the market and understands that it's a great opportunity of earning he cannot control himself and that time he takes unnecessary risk with which he cannot deal.Finally he faces a great loss.I think a forex trader can do well if he maintains discipline in his trade.
While our own experience can be our best teacher ... that is what the most traders defy in their trading journey. While we keep repeating our mistakes ... it is not once that you prescribe your shortcomings and and overcome them all in one go ... you have to work at them, you have to keep struggling against them to finally suppress the urge to repeat them. A trader is almost all the time at war within his inner self. Because nothing happens according to your imaginative eye ...

[abbas1]

i think that you mentioned some 100% true mistakes made by the new traders an i am also anew trader and i think if i avoid these mistakes then in future i will be successful

[taylor.swift.14]

Trading plan that is part of a personal goal comrades had nothing to do I think the impact on the loss you suffered because according to my trading plan that is associated with the design of your business in the Forex...........

[yasinvai]

Any time I am just i think with regard to to begin with to be conducted is almost always to do well. Because of the analysis about mastering while using the procedure associated with conveniently are generally legitimate membership down the road. most of us definitely will learn finances operations thus the application.

[bongkar]

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...

[rabu islam]

As a newbie i get some extra knowledge from this posting. I become more conscious by reading them. It will help me in future. I think if any trader can avoid those mistakes, he would be a experienced and successful trader in forex.

[liso]

traders make so many miss take one of them is putting so many trades at the same time which is very not ok if you did ask me .

[vickymughal]

I think that proper money management and proper time management is must all traders..
If you are able to spend your money in good deals in best time, you will get output which will be very fruitful for you..so its always advisable to manage your money and time properly.

[abdulqadoos]

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

[Jatal]

You are right bro, all this mistakes committed from every biginners, Indifference to make a plan to your trade before starting is the most common fault, with a bad way to managing money. But if you don't have a patience and discipline it's preferred do not doing this job.

[kamalesh7]

in case of getting loss some mistake is responsible for the trader. by dong that mistake they can lead the loss of trading job. if they are not proper skilled , lack of attention, lack of current knowledge about the forex market, lack of skilled can make loss . so that mistake should be avoided to reduce the loses.

[hira_ys]

Most successful traders are not able to lose a lot of time sitting at all. It's a tight protective stop is set, and when he hit that losses (usually minimal) and then go to the next potential trade partners. Distributors who sit in a losing trade, "hope" that the market will soon turn in their favor, usually doomed to failure "

You have rightly pointed out a very good point and engage new members often. Earlier I used to wait for the loser to reverse and make profits, but in most cases you will lose a lot. so it is better to stop the loss in every transaction we do to minimize losses.

[hadi8484]

1. Trading with indicators and fancy tools �

Many Forex traders, especially beginners, tend to erroneously believe that they need to use indicators to fully understand Forex price movement, or that indicators will help them in some way become more profitable. This leads many traders to concentrate solely on reading and trading from indicators, instead of the actual price action that these indicators are derived from. The bottom line is that indicators provide no real advantage over simply learning to read a �naked� price chart, and they actually inhibit your progress as a trader because they distract you from learning to read the pure price dynamics that occur on the charts every day. Price action tells you what is most likely to happen next in the market, you just have to know how to interpret it. After learning to trade with price action you will soon learn why trading with indicators destroys Forex trading success.

2. Not fully understanding and implementing risk / reward �

If there is one thing that all professional traders have in common it is that they fully understand the power of risk reward and how to implement it on every single trade they take. Beginning traders obviously know the importance of making sure their winners are larger than their losing trades, but they often do not understand how this translates into real world trading and what it really means. Every single trade you consider taking should be viewed in terms of risk to reward. You have to consider not only if your trading edge is present, but if the realistic potential of the risk reward on the trade makes it worth taking.

We typically want to make at least two times our risk on any one trade, doing so gives us an excellent shot at making consistent money over the long-run. Many traders get caught up on losing 2 or 3 trades in a row because they fail to understand the full implications and practical application of risk reward ratios that take time to play out. Check out the following articles to learn why risk reward in Forex is the true Holy Grail, and to learn how Forex risk reward and price action trading can make you a consistently profitable trader.

3. Not understanding position sizing �

Many traders come into the Forex market and they do not understand that just because you put a wider stop loss on a trade does not mean you have to risk more money or that just because you put a smaller stop loss on a trade does not mean you automatically risk less. A very common mistake that traders often make is that they adjust their stop loss to meet the number of lots they want to trade, instead of adjusting their position size to meet the most logical and realistic stop loss distance. A thorough understanding of position sizing is very important to your overall money management plan and to correct implementation of risk reward on every single trade.

4. Not having a Forex trading plan �

Most beginning traders make the mistake of not having a functional trading plan, and they also harbor the misconception that they don�t really need one. Forex trading needs to be treated as a business, and just like having a business plan is necessary for the growth and prosperity of any business, having a Forex trading plan is necessary for the growth and prosperity of any trader. A trading plan helps to keep you accountable in a world that allows you to do an unlimited amount of damage to yourself; the world of Forex trading. Most traders seem to get fixated on how much money they can make and thus lose focus of the real risk involved in Forex trading, a Forex trading plan that you read every single day can help to keep you focused and on track, so that you don�t fall off the wagon and begin trading in a delusional manner.

5. Gambling instead of trading �

A question that every trader who has been trading for any period of time needs to stop and ask their self is; �Am I gambling or am I trading responsibly?�. Almost every trader falls into some sort of cycle where they are simply gambling instead of trading at some point in their trading career. The quicker you can recognize this and pull yourself out of this deadly cycle the quicker you will become consistent and profitable. Trading should really be viewed as �risk managing�, and not necessarily as �trading�, the traders who manage their risk the best are the ones who make the most money; take care of your risk and the market will take care of the rest; that is a very general anecdote, but it is also true, you have to control your risk very consistently if you don�t want to end up gambling in the market, when you put your focus on risk control instead of on how much money you can make the money will seem to come naturally. So, are you a Forex trader or a gambler?

6. Allowing emotions to cloud judgment / giving into emotions �

There are many factors that can contribute to and induce emotional trading, and emotional trading is the reason why so many traders lose money in the markets. Emotional trading is the end of result of not doing other things right, like anything or everything else listed in this article. Any one of the trading mistakes listed in this article can induce emotional trading, and once you begin trading emotionally it is extremely difficult to pull yourself out of its grips because it is a psychologically reinforcing problem that traders simply cannot shake unless they totally stop trading for a period of time and take a step back to think logically about what they are doing.

The Forex market can be an excellent arena for self-improvement and mastery of one�s own impulses and mind, or it can be an arena for total financial destruction and loss, which arena you ultimately create depends on whether or not you can master your primitive emotional brain structures with your more advanced logically thinking and planning brain structures. Read about how price action will help cure emotional trading problems.

7. Not having patience �

Patience is scare among amateur Forex traders. The reason it is scarce is because most new traders approach the market from the complete wrong perspective. Most people are attracted to trading because they think it will �fix� their life in some way, whether through freeing them from a job they hate or by providing them with extra money. While these are by no means bad or inappropriate goals to have, when you approach your trading from a feeling of �needing� it to work because you have no other options, you are almost certainly doomed to fail as a trader.

You have to be completely fine with whatever happens to your trades, and this means not trading with money you can�t afford to lose. Once you start approaching the market from a perspective of not feeling like it �has to� work out for you to be happy in life, you will begin to exercise more patience in the Forex market and this will drastically improve your overall winning percentage and will actually make you more profitable faster.

8. Not trading higher time frames �

I have been trading for nearly 10 years now and I still almost solely look at the daily and 4 hour charts. It amazes me to no end how many beginning traders that I encounter who want to trade shorter time frames. I get emails almost every day from traders asking me questions about trading the 15 minute charts, or even lower time frames. The simple fact of higher time frames that makes me concentrate most of my trading efforts on them instead of their lower time frame counterparts is that they act as natural filters of price movement, filtering out the price action that is not useful and leaving with you with a much clearer picture of what price is likely to do. This is why when you trade higher time frames in Forex combined with price action you have an extremely potent trading strategy at your finger tips.

9. Over-trading / being too involved

The quickest way to becoming a full-fledged emotional trader right behind over-leveraging, is over-trading. I find that traders are often guilty of over-trading and don�t even realize it. Most traders that I encounter do not spend long enough demo trading; this means they jump into live-market trading too soon and as a result of this they begin over-trading because they have not spent enough time on the demo charts perfecting their Forex trading strategy. Over-trading is most tempting after a trade, whether it is a loser OR a winner. Traders need to be especially aware of their state of mind immediately after exiting a trade, because this is when emotions like revenge and euphoria hit their peak, making it very likely the trader will dive back in the market with no real sound reasoning behind their action. Forex trading can be addictive and you certainly should trade less to profit more.

10. Not taking profits �

Yet another area where Forex trading is a paradox is profit taking. While hope is a great feeling to have in almost every other endeavor in life, in the financial markets hope is often the downfall of traders. They hope for larger profits, or they hope the next trade will allow them to make back all the money they lost. Most retail traders simply do not fully realize or understand the implications of the fact that the Forex market ebbs and flows, it never moves in a straight line for every long. So, when trying to build up a relatively small trading account it is essential to your equity curve and to your emotional sanity that you take profits as they come, instead of constantly hoping and holding out futilely for ever larger profits.

[sagor2012]

remedy for this rookie is very wide open chance to help make mistakes inside funds supervision nevertheless while using verse of your energy would certainly later realize that it is critical to carry out and follow.

[heartlove]

hoping the price will get back the way we want can makes us loosing our discipline in runing our rules.
trading opposite to trend, not figuring out the range before entering trade and not using stop loss, using too high leverage.

[midle]

the very first few purpose is incredibly smart and it also may be a should for any trader which can succeed in forex trading. several traders open and shut trades randomly while not any trading intend to back them up. that will be possibly the most serious problem in forex trading.

[sajidg]

i am also a new trader of forex and this is my first month on forex i think that if avoid these steps then in future i will also a good and successful trader of forex and earn a good income from it

[ilut]

money management is a very important and crucial factor that we have to use it properly.If your money management is good then you can definately become a successful trader but for that you must need skills...

[RowenaM]

Finding best forums for this business is not a difficult task. However, there are some features that should be available in a forum to be regarded as a good forum. First feature is its vastness and the risk involved. The forum should not be huge and it should have less risk chances involved in the business because if you will bear a loss then it will be huge. Less risk chances will surely bring the profit down but will also ensure the safety of your payment.

[mahbubur]

there is few major reason for our loss .actually we are taking maximum risk and sometimes we never use any technique or analysis for our trade and as a result of certain movement against our positing blown up our account

[moh44497]

Forex trading me planning ki bahut zarurat hoti hai..
Planning means aapko proper tiem aur money management seekhna padega..
Iske alawa aapko analysis ke liye poora time dena padega taki aapki deals aapko zadatar profit de sake..

[choyon4]

yeah it is right, 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.forex is a good job...................

[khang]

i am also a new trader and i think these are mistakes which usually a trader do on forex and i think that if avoid these mistakes on forex then in future i will be successful in forex and earn a good income

[fzm]

Your point is very good I think if anybody following these rules then they can easily success in the forex trading if they are expert. The most important things are learning, patients and money management.

[heru]

in my opinion Forex isn't an easy business and a beginner is probably going to commit mistakes therefore the a lot of necessary is to simply notice your own mistakes and take a look at to get rid of them. The merchant who doesn't learn from his mistakes and doesn't correct his mistakes will never become winning.

[ekwaset]

Many mistakes which can be done by the trader and we should must be tried our best to avoid it and when we want to do trade we should must be analyze the market and we are do trade with out analyze it is the main mistake and we should must be got knowledge about this and then in practice on demo.

[ykim184]

These mistakes are always the killer to kill our account, even in some case, totally kill our capital and let us turn from a millionare to a poor in one night, so the good traders will learn a lot to change themselves not to do these things.

[aliakram]

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

[damiar]

i think the first point is very good and it is a must for any trader that will succeed in forex trading. Many traders open and close trades randomly without any trading plan to back them up. That is the most serious problem in forex trading...

[hunter1]

yes of course these are some common mistakes that dome by all trader we should need to control on them without control these mistakes if we think we can success in the forex market we think wrong we should need to work hard then we can win here nice and easy money in the forex market.

[bayvin]

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...

[nishat121]

I am also a new trader of forex and this is my first month on forex .i think that if avoid these steps then in future i will also a good and successful trader of forex and earn a good income from it.

[shahani]

Yes,w e 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.

[winda]

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 hard work

[pipsgaining]

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.

[ishvara]

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.

The committing of the same mistakes in the forex currency trading business is something that is called repetitive mistakes. This is actually a very dangerous mistakes that a forex trader should be making because it leads to MC several times as long as it is not cured.

[Abhati]

yes after all these are a couple of common mistakes that dome by all trader we ought to got to management on them while not management these mistakes if we predict we will success within the whole forex market we predict wrong we ought to got to work laborious then we will win here nice and straightforward cash within the whole forex market.

[koimil]

to new trader its very important to 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

[sakibdot]

Jumping into Forex trading with both feet? Here are five must-know tips on Forex trading and mini Forex to help you stay buoyant in the Foreign Exchange currency bazaar.

1. Know your Forex trading bazaar.
Educate manually a propos the currencies with the purpose of you trade. The more you know a propos the nation state whose currency you�re trading in the Forex bazaar, the more accurately you�ll be able to predict which way the money will move.

2. Pick a Forex trading arrangement � and stick with it.
Savvy Forex traders will tell you with the purpose of arrangement is everything. Forex trading by arrangement lets you automate your trades based on history, following the traditional peaks and valleys. Set up a arrangement and live with it to knock together the the majority of your Forex trading.

3. Practice makes just right � but it�s not the real earth.
Practice Forex trading accounts are downright instead of learning how a actual trading story factory � but they�re not the real earth. Many veteran traders put in a good word for opening sour with a mini Forex story to reduce your losses while you grasp acclimated.

4. Keep your eye on the margin.
Margin trading is a downright way to lose a fate of money quickly. Stay away from Forex margin trading until you�re certain you know could you repeat that? You�re burden.

5. The barely win with the purpose of counts in Forex trading is the foundation line.
Voguish Forex trading, the foundation line is how much money you made next to the result of the calendar day. Don�t count won or lost trades � barely dollars and cents.

[jstarkd002]

i think Most successful traders will not sit on a losing position very long at all.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.good job................

[dewik79]

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.

Trading mistake that I often make, is against the trend. I always thought the price there is a peak, but in fact the trend has continued and did not turn around. I realize now, that I am not driving the market, so I have to follow the ongoing trend.

[youyou]

yes that's what the study is ongoing in this business many things we have learned that we succeed in this business discipline.

[mateen]

yes i fully agree with you that these are the mistakes which usually a new trader in forex do and by these mistakes i think that they leads to looseness

[rameez]

i agree with you. i have done all these mistake . and i loss money. i need to take these mistake out and start agine.

[vaibhav thakur]

nice work for public welfare, these include everything one must take care in mind of, without these facts one's journey would not be long in line of tradign, once again thanks for such a beautifull work.

[miona]

maybe its the way you can think it The Ultimate secret is to trade Also by doing this you can walk away from your PC and have a carefree attitude on where the market will go. very small compared to account size, never risking more than 1% of your acct on any one trade. This will take most of the stress out of trading.

[dfsgsdfg]

Most successful traders will not sit on a losing position very long at all.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 .good job................

[winda]

several mistakes are born with wrong analysis and predication, therefore it's one in every of one of the attainable cause of traders losses in forex trading. sometime the time choice is proved biggest mistake of trader and it also crush through trader profit level.

[muksin]

againts your emotion day by day friends You have appropriately but in most of the events, i reduce big. so its better to set stop-loss in every business we create to reduce of losses outlined a very good point and which beginners regularly make. previously I used to delay for the dropping business to opposite and create earnings

[jabeen]

yes im agree with you these are really very useful post for beginers the should keep in mind that things. i like it. and the big mistake what we do is that we get nervous early and close trade or hedge. we should keep calm for good trading.

[sheryraj]

good topic 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 bass yehi lession bar bar parna he aur ye ssab bat ko bas apne dimag me ek dam jor lena chahiye. aur ha sirf mistake ka karan nehi iska hal ko bhi dhunda parega aap ko. ta ki aap ye galti dubara na kare.

here is many mistakes which can be done by the trader so we shoulod must be got the knowledge and it will must be good for me and the main mistake is to be we should be trade with full confidence and we should be need to make good

[long11]

I think Forex is the better job.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.good job.........

[bulet]

Calculation analysis of skills, good work. When did the first automatic money management you will learn true de.

[kawser]

Now, it is still difficult to make a simple security system using sl maybe put it another way, to be disciplined, but the market for them, how many times is this operation?

[objectionable]

I am a trader with several years of experience but I still would love to see your post, it is useful, any one trader must also regularly review the business strategy as well as the principle of discipline orpsychological, emotional, always hone and practice to be able to improve themselves and become pro traders.

[afraz123]

Top Usage Mistakes. we'll talk about the common mistakes traders make when using stops. Sure, it's one way to practice . you can just look for a nearby support

[ubonto]

Dear brother, I am a new trader in forex and I think my short experience that, 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...Thank You...

[kamalesh7]

thee are some lacking which may lead to get loss & even it may lead un success of the trader. so we should avo8d that quality such as ; lack of forex knowledge lack of practice , lack of attention , lack of current news about the currency information, which are4 the most key factor to get loss. during trading by trader can do that , thats are also known as mistake.

[robel]

We have the ability to perform commands on ourselves and i think good always to govern ourselves to be patient and disciplined.we can share experience with other traders to become a successful trader.

[magdyahmed230]

thanks for this tips man , it was every useful to me , i read them well and now i am trying to analyze them and test them on my self and sees what what mistakes was i doing before i order to stop making it in the future , thanks bro .

[blackcandle]

i like the third point in your topic very much. i think setting up expectaion too high is the same to getting greed in forex trading. It make more risk for traders to chase for target and easy to hold loss trades. It is bad and traders ahould avoid it.

[Alone Love]

This trading are a lot of mistakes by a new forex trader just first of all one is Lack of knowledge because this trading are need a trader who are have good knowledge about this trading because this is a very easy and very simple way to loss money and the other is greedy because this is a very bad for each and new trader..

[shakil7142]

Top ten mistake is given to follow.For excessive greedy mentality,want to huge amount,low investment,perfectly not learning, adequate technical analysis,fundamental analysis,less of proper training and adequate education.

[mahmud72]

Thanks a lot bro for your valuable tips. Forex trading is a business where you can earn money easily but you have to follow some rules, some strategy. But most of the newbies do this mistakes that always avoid this thing. I think they should take a look on this post and follow this.

[kawser]

in General, I would like to repeat the same mistakes on purpose, because I do my business.
I'm trying to do now is to assess the history and part of the book review.

[altafa50]

we have to avoid beginning more variety of a lot and working with big lot sizing. For a amazing management the more important excellent required in a trader is patience.It is very bad factor as after sometime the several which i have traded goes to my take advantage concentrate on but in those periods my position is already closed.so the balance may get advantage get in touch with due to the motions of the market and they decrease whole amount.

[sayidatul]

Folks perpetually have rusk to actually open position and perpetually have rush to actually shut position in less profit and even. but nonetheless they never rush to actually shut position in less loss. Along with this reason they will obtaining profit in several position other then obtaining 1 massive loss in 1 position and losing everything.,,.

[ronyfx]

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. You should make money management.

[kashifkhan]

i am a newbie i appreciate your experience i studied about 10 mistake which a trader makes it is special guidance for a beginner like me i hope i will try to remove these mistakes

[faysal.nitu]

yes you are right..... in my opinion the biggest mistake is unable to understand the market movement and also unable to understand the market news..... for that reason a trader will give a trade in wrong place............

[Sajedur Rahman]

Thanks for this wonderful post.It does help a lot. I think anything we do we need plan, like a forex. without trading plan we can get loss easier than use trading plan. All the best

[fxmonkey]

although I am a trader some trading but know your post is interesting, because I was a young trader poor and lost so much money, I have met a lot of mistakes in trading, due to my lack of understanding,inexperienced, young poor risk management.

[kuku]

traders will alwaays tend to loose more and more the more they trade and and make mistakes like having so many trade at the same given time the reason for this is because i know it is the best kind.

[ken arok]

mistake in the analysis can be fatal. I used to do the analysis in 1h TF and daily, because I use intraday trading style. If you're trading a scalping style, you need to analyze the small TF, TF use depends on your trading style

[workforpips]

Lack of discipline and patience are the key points for taking loss of any traders in forex market. I think if we like to make money with this market, no way but learn for all skills it requires for.

[najia]

yes i am totally agree with you, many trader loss their money because they take some common mistake like:
1)do not avoid greedy and emotion
2)do not make discipline
3)do not make concentration
4)take over trading...

[bilaa]

yes of course i am agree with you that these are some main mistakes which usually traders do in forex and if avoid these mistakes then i will be a also a good trader of forex and earn good income from forex and trading

[Niqqo]

mistakes are so many and when you understand that you cannot be able to address mistakes you just have to know which isthe most probable but some really should never work.

[techfxx]

wow this is just more and more helpful for newbies and if you want to be a good trader then you will must need to have it and when you will get it completely after then will be profitable and will get your success easily just keep your trading with this place.

[asif.akbar]

Fix beginner is much risk of error in the handling of money, but realized only over time, is important, and obey all the beginner trader, voted for advice before this company need to manage money.

[3mala]

Daily Most of the trader entered the Forex market without knowing any knowledge about forex is so bad, but what they are trying to increase profits to get while doing so they have a lot trading.

[jakir00]

.............good topic 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 bass yehi lession bar bar parna he aur ye ssab bat ko bas apne dimag me ek dam jor lena chahiye. aur ha sirf mistake ka karan nehi iska hal ko bhi dhunda parega aap ko. ta ki aap ye galti dubara na kare............

[Razor1911]

That is really true that traders do so much of mistakes in the early stage and thats what they should always try to improve. When we are talking about the newbies, thats usual to do mistakes while trading but the important thing is that how fats they can improve from that mistakes, the faster they will improve the better will be their results and thus better will be their skills.

[Discordance]

wow this is just more and more helpful for newbies and if you want to be a good trader then you will must need to have it and when you will get it completely after then will be profitable and will get your success easily just keep your trading with this place.

newbie should keep patient first if he face losing in their trade ,because i think every newbie are hard to be profit even he is smart person because forex are not mathematic lesson ,forex is instinct and system combined with experience

[rubel.09]

remedy for the beginner is very open opportunity to make mistakes in money management but with the passage of time would later realize that it's important to do and obey. good job............................................... ..........................

[asmakhatun]

if I'm personally for the primary experience that should be finished is to do source because the psychotherapy of learning with the grooming of automatically DE sincere record later we faculty inform money direction and so it

[riza setyawan]

संचलन में Alatnillat और लोगों को इसके साथ छेड़छाड़ की एक बहुत विदेशी मुद्रा में गणना की है या एक खेल खेलते हैं और एक अतिथि है, लेकिन आप कार्यकर्ता और प्रबंधक टुकड़े के लिए जिम्मेदार हैं मुश्किल करने के लिए अपने आप को नियंत्रित करने के लिए और पेशे के अनुसार योजना और काम कर रहे हैंसिद्धांत की एक दी.

[foggies]

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.

[fxmoney]

Most of the traders make mistakes again and again. The most common mistake done by the traders is they try to trade on the high lots because of which they do not have good margin over the trade so that they can lose their capital easily in the volatility.

[gilaforex]

article is useful and smart for any new trader ought to follow its existing tips... i believe its the most essential points that ought to be followed by rolling usually is to have a reliable strategy usually is to trade through and far away from the emotions and that will be characterised by patience and not just to actually rush.. .........

[konim]

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.

[saeenfx]

for now, a easy strategy that is still challenging for me to do is self-discipline to use sl. might otherwise business I can say will be regimented, but a truth if at the front side of the industry, I often crack them. how do I get over this?

[foggies]

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.

[luthor]

i feel FOREX may be a sensible job. remedy for our beginner is incredibly open chance to help make mistakes in cash management other then when using the passage of time would later realize that its necessary out to do and obey........................,

[shivendra]

trader ki har din ki al alg galti hoti hai trader kabhi sae galtie nhi karten hain humesha wo change hoti rahti hai jaise sabse badi trader ki galti hai lalch aur doosra jalbasi kise bhi trade ko karne se pahle ache soch loena chahiy jald basi e kabhi trade nhi karna chahiy .

[taharoyal52]

solution for the starter is very open opportunity to get some things wrong in management but with the passing of time would later understand that it's important to do and respect

[mostafa2010]

Many traders are undercapitalized. They trade positions too large, relative to their available capital. They are not flexible enough to change their minds or opinions when the trend is clearly against their positions

[mari1]

i am agree with you i have read your given points and i want to say you about your point number-6.
that it is not confirm that when we go against trend and use top or bottom then we can not make profit.whenever we choose top or bottom then we get huge profit from a trade easily.

[Empress]

solution for the starter is very open opportunity to get some things wrong in control but with the passing of time would later understand that it's important to do and obey

[tamimkhan]

They have strong non-stop security measures, and if it hits the ground take their loss (usually less) and continue with the next set of possible trade. Negotiators, who are lost in the store, "jumps", in which the market will soon get its name is usually is condemned to spend the money for deals as possible, which is useful if you ... Since is still useful for managing time and money.

[fawad1]

In my opinion, for a newbie, the most important thing to keep in mind is that they must start using a demo account so they can gain knowledge and experience. By practicing, then only they can grasp the real tactics of fast trading and money making. Also, I believe that a newbie must keep their cool as they will surely have to face losses at the initial stage of their career. Hence they must remain patient and disciplined. They must also have the proper plan and skills of trading.

[masudali01]

Forex is a good job.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 .Good luck............................

[paro]

we can see how challenging this company is so great and the threats we experience and so much information to be perfected, especially to get over self-control our own emotions

[haney]

and we can take a conclusion, all is started when they did it with less discipline and patience for all position and situation,
and if we start it with less discipline in learning, practicing and face all situation then we will know for all steps will become a problem
less discipline in learning will make them get a little knowledge and also they will so hard to implement for what they have learnt

[yeref]

yes, i think all the mistake not for all newbie only, but the trader who already trade for more than 1 year still can do that mistake, and many of us, do the same mistake again and again

[extro]

Primary factor is this if you are dealing with excellent control and always you understand from your errors, one factor which is I must say please implement stop-loss.

[dennyandre]

one of them is discipline... If you are not disciplined states have a trading system, but if you yourself are not disciplined in following the system that you set this, then you make a fatal mistake many traders friend who claimed to have trading system, but in practice, they still often trading with impulsive regardless system that is self-determined. must also know when to enter the market at the right time for the pair would you trade in ..

[mano]

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 .You have rightly pointed out a very good point and which newbies frequently commit. earlier I used to wait for the losing trade to reverse and make profits but in most of the occasions, i lose big.

[zahangir14]

I think forex is a best job. good topic 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 bass yehi lession bar bar parna he aur ye ssab bat ko bas apne dimag me ek dam jor lena chahiye. aur ha sirf mistake ka karan nehi iska hal ko bhi dhunda parega aap ko. ta ki aap ye galti dubara na kare. Be careful..........

[ishvara]

trading the forex currency trading markets without a plan is something that all forex traders who fail make as a mistakes. We should be very careful at all times so that we do not make this massive mistake in our trading.

[sasukefxc]

its good for us. the very first few purpose is incredibly smart and shut trades randomly while not any trading intend to back them up. that will be possibly the most serious problem in forex trading. and it also may be a should for any trader which can succeed in forex trading. several traders open

[mazprofx]

I think this are very good tips not only for the new traders but also for the experienced traders because as the times passes the we tends to forget our basic and thanks for you this reminder to all that trader and without this the possibility of getting successful in forex is reduced.

[nsnoor]

There is a proper time management and proper money management, you must have for each concessionaire.
When appropriate, you should spend your money in a good deal, if you will, you will get results very productive for you. Therefore you should always properly handle your time and money. If they hit your loss (usually minimal) and a potential move a trade group. Will the market in their favor, "hope" is not a bad deal, that the deal was doomed.

[adorkhan]

A good friend of Sagyan Laga Mujhe AAP series Aacha Kjhas Karke in managing finances and trade with the trend for newbie jaise hum na Jyada interludes bass Nicola tapping bar, Ko Ko. BAS EK Jor dam gold Dimag SSAB Yehi el Zen I found Lena chahiye NGOs better money management, time management and want to trade.

[malak00]

Wow, what a post ! Mere khayal se, Bohot hi achchha post hai...newbies ke liye.....Pehle jano phir sikho.

[miracle]

most mistake i make is lack patience and discipline. this mistake keep repeating in me until i feel angry with my self why i keep doing same fools mistake again. after using robot i can become better trader and of course get much better result.

[ishvara]

most mistake i make is lack patience and discipline. this mistake keep repeating in me until i feel angry with my self why i keep doing same fools mistake again. after using robot i can become better trader and of course get much better result.

We must be disciplined and have a lot of composure so that we would not have a lot of losses in forex trading business. A lot of traders fail in forex just because they make little little mistakes in their analysis

[JuraganGrowol]

We must be disciplined and have a lot of composure so that we would not have a lot of losses in forex trading business. A lot of traders fail in forex just because they make little little mistakes in their analysis

yes, we need to disipline in our trade, because without disipline we will be greedy man in forex trading, and we all know that greedy is main killer . we will get loss in our posisitions.

[norix]

yes, we need to disipline in our trade, because without disipline we will be greedy man in forex trading, and we all know that greedy is main killer . we will get loss in our posisitions.

The main mistake for them is to make a trade that is not in accordance with their own style so many differences in themselves, especially those who do not discipline them realize that discipline is the key to our

[andi_lan]

when the trader over-trading, because they want to do with a large lot, so wanted a quick and large profit, but do not use the money management , thus balanc and equity can be lost because they can not control for the transaction.

[radean]

Lack of patience is the most important factor leading to losses in forex trading. That experianced by me most times. I would not wait much longer to earn more profit. This is a very bad thing because after a while my partner was traded to move my take profit target but at the moment my position is closed.:)

[ken arok]

My mistake was not disciplined by the rule trading system, resulting in frequent loss. use analysis and money management. stop loss function to limit losses and take profit function to keep the emotions, so that traders do not get greedy. if you could generate profits consistently.

[hardyg]

many mistake we may make. but we can learn from it. if we never make mistake, we will never learn, never learn will never success. just use your losses as your learning process

[afreen.imran]

app ki tipe bohat achi hai ye muje bohat ache lagi koi b newbie es ko falo kare ga ek to wo jal sekh jay ga aur wo jaldi hi poretmad ho jay ga me app ki bat se sehmat hon ye jo app ne kahi hai k apne baekup ko nazar me rakhty hoe kam karna chahiy q k baz dafa es sa hota hai k app k pas belinc kam hai aur app ne trade barre lagi hai agar wo app k khilaf jati hai to mere khyal me app ka account saf ho jay ga

[2010]

You have appropriately outlined a every good point and which beginners regularly make. previously I used to hang on for the dropping business to opposite and create earnings but in most of the events, i reduce big. so its better to set stop-loss in every business we create to reduce of losses