Mistakes to avoid for beginners / Inexperience.

[deep thought]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

[Nabi Ahmed Gill]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

de mistake ho hote he hote ha chayia wo expert or experinece shouweda members he q na ho es laya muaaja trading main mistake bilkul be passand nahi ha es lay mian mistka ko bilkul be passand nahi karta hoon or man boht sara profit earned kanrna chayta hoon or kar be raha hoon lakin ya jo mistake ha ya mauja boht tang karte ha.

[fxquest]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

[Shahriar]

I think they should avoid using high leverage and investing large capital since it will be too risky for them to bear if loss occurs. so beginners should avoid using high leverage and investing large capital they should initially focus on learning things and trading.

[waleedkhan]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

mujh lagta hai kay forex may newbie kafi mistakes karta hain kion kay un kay pass koi experiecne nahi hota hai aur na he koi achi knowledge hoti hai un kay pass is waja say woh kafi mistakes karta hain aur kafi loss ka samana bhi karta hain..

[newentry]

but we have to be careful too to learn and practice at demo account, because we just build a habit and we will bring it at real account, and how if we take a wrong part and then become a bad habit...so will happen at real account ?
the firs mitakes happen when the newbies come and use the virtual money too big at demo account, and they willl alays win for their trading because they did not realize that big capital can handle big flosting minus and then touch their TP, so it will become bad habit and they implement it at real account, we know for the result, we often heard that some newbies get suffer for it

[ermaniso2011]

l think the best way is to use demo account until mastering ourself with a strategy and that is the time we can start to trade live.but the biggest mistake of the newbies is when they hear about forex and the earning potential of it then they are in a hurry to trade live without knowing even the basics.so l was one of them and it cost me too much.if l could keep my savings until today l could make better profit rather than losing all of them.

[Maham Gill]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

biggnar trading apni mistake ko avoid karta han esi waja sa to wo boht sara profit eanred karta han trading sa or boht kam loss earned karta han kafi newbie members bhot zada mistake karta han.

[kiran]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

[losip]

Most of the new trader who make mistake while trading in forex market. I consider that for lack of experience they have make these mistake but every trader should be control these mistake otherwise they can become loser in forex market.

[fortuna]

One mistake is to continuously shifting your stop loss target when you are able to hit your stop loss price. My advice for new traders is not to do this even if there are a lot of whipsaws in the market.

[mary7]

Avoid killing your account withsomany trades and makes sure that your trades are better than any other trades, just avoidbeing in the wrong side of your trading account and make sure that you know how to undrerstand what you are doing, the best way to trade is to avoid making so many mistkes and emotional trading.

[eskip]

Every new trader have need to avoid mistake what they doing in their trading. I presume that at first time trading new trader feel fear so that they have make more mistake which is the main reason for make loss in trading. trader should be control mistake while trading by trading in demo contest.

[boniez]

if you feel the emotions have started to intervene so try to avoid it, because at all if you use emotions then it will only harm and no benefit at all, then we can try to cope with anything else.

[ndm]

infact in the start many people have many problems in trades and they commit many mistakes that can lead to loss if they are trading with the actual trade so they must try their luck at demo account and after getting required amount of knowledge then they start the trade

[safayet39]

Actually hard to predict support and resistance because we can't predict when this support and resistance spot could be happen. we also can't predict support and resistance from previous record, so the best thing to do is following trend first and then we would know when support and resistance spot will be occur. but the easiest way is following trend because I am only get in and get out. if trend against my prediction before, only close and make new order.

[Md Ratul]

because the beginner are new in forex they always have mistakes.but it is very much important to overcome it in a future trade.

[arif01]

So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various topics on forex trading. It is a indian wave site from which lot of people earn money in long time. It is suitable sources of income for student and employee. Its a game also.

[eskip]

I assume that most of the trader make more mistake while trading for lack of experience. I consider that these mistake is the main reason for become loser in forex trading market. I consider that trader must have gain knowledge for avoid these mistake before start trading in forex.

[aisya]

Most of the new trader who make mistake while trading in forex market. I consider that for lack of experience they have make these mistake but every trader should be control these mistake otherwise they can become loser in forex market.
I think the lack of experience is not a mistake but as a disability, for shortcomings tader beginners who realize that the time while learning and practicing more should do the trading with the target to take profit from the smallest

[moi for vous]

Maybe you are one of the lucky homeowners whose new home came with picture perfect landscaping. In that case, this post may not be for you. But for the rest of us, getting that professional looking yard can take a bit of hard work and a lot of help.

But now that the triple degree weather is behind us, it�s a great time to get back in the yard to start a new project, or if you�re like me, fix the damage you did in the Spring. If only I had come across this helpful article by Colleen Vanderlinden at PlanetGreen.com six months ago, I could have saved some time, money, and a lot of frustration.

If you too could use some beginners advice to get your yard started on the right foot, check out Colleen�s Top 10 Rookie Gardening Mistakes.

Clueless Watering � Know your plant�s moisture requirements.

Wrong Plant, Wrong Place � Make sure you�re buying plants that fit the conditions in your garden.

Not Giving Plants Enough Space � Pay attention to the instructions on spacing your plants properly.

Not Knowing Your Zone � Finding your USDA Hardiness Zone.

Haphazard Fertilizing � Make sure to read the directions and stick to them.

Not Mulching � Mulch everything � vegetables, herbs, perennials, trees, and shrubs.

Little or No Soil Preparation � Soil preparation is important, whether you�re growing a vegetable or herb garden.

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Not Knowing Your Site � Spend a few weeks observing your site before you decide what to plant.

Listening to �Experts� � Trust yourself.

As Colleen says, �Mistakes and dumb choices will be a part of your gardening life until the day you set aside your shovel and pruners.� But as a rookie gardener, these are some mistakes we can easily avoid. Check out Colleen�s full article here.

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[terajana]

hey Guys
I know that the demo account is actually good for us can learn to avoid loss and, I think that when we participate in forex to avoid greed and fear and we also need to avoid using high leverage
many things we can do to be able to avoid the mistakes in trading, and we also have to be careful in making decisions in order to minimize the occurrence of errors ..

[shosha]

The novice trader is exposed to the occurrence of errors in ... So it must be the patient does not rush to enter the market .. Must learn well and gaining skill that qualify to enter the circulation.

[kissshore]

There are many mistakes that some traders made and because of these, it cause them there had earn money..! First and Fore most thing is Over Trading - It can cause bad trade to a trader when you over trade it can cause you loss and Not enough good Money Management - These can also make one to trade with loss..!

[kashifrehman]

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something.

You are right dear but demo did not prepare a trader for live account. the reason is, theer are many forces that a trader only experiance when he trader with live account like emotions and greed that are really hard to understand and this may cause failure to the trader. for a new trader its best to start with demo and than convert on to cent account and experiance all there and when make that successfully so move on for standard or mini account.

[mazier]

well from my side, It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

[pinki je]

jo new log aty hian i mean ke newbies jo hoty hian un ko ziada experience to hota nahi hia is liy wo yahan pe apny kam tajurba ki waja se loss karwa lety hian isi liy sab kehty hain ke demo accounts pe kam karna sab ke liy zaroori hota hia over confidence nahi hona chahye insan ko

[rasel]

yes you are right.Some trader trade on demo and after some winning trades they start trading the live trading with real money and lose all the money due to their mistakes that they does not practice on demo account seriously and does not trade with strategy and have not thought about their lossing trades

[Lyubov]

If myself to this day remains the spirit of had forex trading but afraid of loss, even though myself have been a few times to get loss even MC. Therefore I put the spirit of trading remained cautious on the frame, not to MC occurred on my account. Vigilant in trading is done with caution in conducting transactions, all transactions are conducted based on the analysis and money management

[taufiqbd]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

It is true that demo trading is big chance to all new trader because they get all kind of real trading facility to do not take any types of risk. If a trader perfectly demo practice then he never face big problem in forex trading.

[arif01]

they can work with forex in ideal time. People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various topics on forex trading. It is a indian wave site from which lot of people earn money in long time. It is suitable sources of income for student and employee. Its a game

[prodip]

to start trading in forex business you need to take some time , you need to do market analysis and do the chart analysis to get the market trend , you do not need to make trade early wait for a good time.

[Boss]

Those who all are very new and inexperienced here in this Forex trading my suggestions for them is to they should trade here having full control over their emotions and the must trade here constantly with discipline here in Forex trading.

[eliash55]

yes i can to try avoid mistakes,i know that mistakes avoided needed know some strategy and known forex basic,concentration,fear,risky trading, confident and also know brokers. i believed needed for all best forex trader.

[brutu]

even if the merchant has not mistake the rich experience, has proven they are rare, making the mistakes that have no experience of them, their hard-earned for a reasonable idea to first deal will be lost quite often to gain experience before turning on the money that is not.

[Metal mania]

If you are a beginners in Forex trading you have to be very careful about trading. You should not use high leverage and high lot size. It is very risky to do trade with high lot size and high leverage. It is better to use 1:100 leverage and 0.1 lot size because any mistakes can cause hamper to your account.

[farhannasir]

they should prevent using great power and making an investment huge investment since it will be too dangerous for them to keep if loss happens. so newbies should prevent using great power and making an investment huge investment they should originally concentrate on learning things and trading.

[room]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

[hello927]

Main mistake in my view is trading without knowledge. It is very dangerous and there are more chances of loss because one is not familiar with the real trading situations. In forex, situation changes in every moment and forex is also dependent upon the world's political and economical conditions. It is risky business and requires special skill to tackle tough market situations.

[ishvara]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

Inexperience is one of the major causes of losses in the trading of a beginner forex exchange trader. We must keep grabbing forex knowledge so that we can get to be the best traders with good trading results.

[waqtitrader]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.
han gi forex trading main jo ha na sab se ziyad ajo masla hota ha na woh newbies k sath he hota ha kioun k un ko shuro shuro man es ki samgh nahi aati ha or es se woh apna loss karwa bethety haen es liye un ko seniors se advises lenei chiyene lazmi

[anik026]

as a forex trading member ..........firstly congrats all the new members to this forex trading.........the first and last tips from me to all of you that ............."please do not try to copy others answers ........... it will ban your accounts forever ...so be careful about this .thanks to all

[joe12]

inexperienced trader often makes mistakes because they dont know how to manage the situation so they need to learn more the terms here in forex

[nurhidayah]

inexperienced trader often makes mistakes because they dont know how to manage the situation so they need to learn more the terms here in forex

learn from the experience was very good indeed, but even better to learn from the mistakes of those who have experienced so we can minimize the process that we conducted this trade to the trading process we can become better and more controllable

[mojcris]

my suggestion today for newbies like myself ;) is to trade in real accounts and test their strategies in real accounts, because it makes sense for you to have a little real fear or to see your emotions in real trades ;)

[Autitt]

I am anew trader at forex and I have experienced some difficulties at the initial stages of my trading carrier, but a vast and clear concept about the trading system will certainly help you to overcome all types of problems.

[maesa]

to cover the shortfall due to lack of experience of a beginner is a beginner trader may choose an experienced trader who is also a mentor to him and this will reduce the risk of unnecessary errors and shortcuts to success and of course all that should be on the train and get used in a demo account

[sad]

mujh lagta hai kay forex may newbie kafi mistakes karta hain kion kay un kay pass koi experiecne nahi hota hai aur na he koi achi knowledge hoti hai un kay pass is waja say woh kafi mistakes karta hain aur kafi loss ka samana bhi karta hain..

[sad]

l think the best way is to use demo account until mastering ourself with a strategy and that is the time we can start to trade live.but the biggest mistake of the newbies is when they hear about forex and the earning potential of it then they are in a hurry to trade live without knowing even the basics.so l was one of them and it cost me too much.if l could keep my savings until today l could make better profit rather than losing all of them.

[iqubal13]

At first learning about Forex Trading & Lot of study & acquire knowledge about this trading. Then silly mistake will not a problem, but forecast and skill is require a good trading. Then keep foot on this Forex trading.

[saharia]

Mistakes to desist for beginners / Inexperience

The Forex trading has an grievous voice of acquisition. However, whereas when acquisition to modification bass, for admonition, there is no peril of performing wicked notes, in forex, we seek jeopardizing their fund. Read by doing, by making mistakes and trying new strategies is understandably not a benevolent way to sign trading currencies and clear the skills requisite to earn money.

In fact, all forex brokers wage a exhibit writing of their trading platform that allows traders to check and larn "in true industry conditions." When you lawless a demonstrate trading account, you are totally unloosen to use as desired act money furnish to your record.

With a demonstrate invoice, you can read how the market, especially in moments of stress, without risking your majuscule promotion. Notwithstanding, you staleness understand that we staleness use this invoice wisely if you prospect to increase something. If you wide a new dealings without module why the preceding transaction was a loser, you're just wasting your clip. Finally, this is farfetched as you channel disappointment. Enjoy consequently exhibit accounts, even arise one among various brokers to turn realize the marketplace and develop an effective strategy.

[hendarto]

errors in which the natural trading beginner is carelessness. may be derived from more confidence. so they can neglect to learn. particularly studied in the strategy in a demo account. he prefers to directly start a business in a real account.

[cozard007]

It is important for the inexperience to make mistake, the experience is not an exception too, the thing is just the way they handle thier trading account that matters mostly.

[pinki je]

je experience ke bina humary liy forex ka kam karna kafi mushkil hota hia is liy main kehti hun ke humaiziada se ziada demo accounts pe kam kar ke experence hasikarchaye forex kojhna chhaye tab he hum kamyab ho sakty hian

[boitali06]

l believe the best way is to use demo account until mastering ourself with a strategy and that is the time we can move to trade charged.but the greatest misapprehension of the newbies is when they see almost forex and the earning voltage of it then they are in a hurry to trade living without educated flat the basics.

[Nganti]

i think for newbe must avoid about greedy, we must trade with good of money management in forex market. newbe allways want to make big profit and just use small capital. that is very hard to keep balance from margin call.

[dhiraj]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

[elking]

There are a lot of the mistakes that beginners in the forex market is the urgency to work in the forex market, greed, fear and risk and the risk and not put capital management is correct and commensurate with the size of capital

[dhiraj]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

[mcceducation]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

i thing the beginner need learn about Forex Trading and he cannot invest here large amount and not take high leverage, if he cannot invest here large amount so he cannot loss large and if he cannot use high leverage so he cannot go to the to much - point. and he learn at a time and earn experience.

[only dream]

One of the most important mistakes that forex trader is located in the rush to get a profit on the Forex trader must be patient and in control of your emotions during forex trading so as not to be a negative factor that can lead to loss

[karina]

I believe they should desist using lofty leverage and investing galactic capital since it present be too unsafe for them to assume if loss occurs. so beginners should desist using broad investment and investment significant capital they should initially direction on acquisition things and trading.

[lolita]

this is not that intimate traders do not modify mistakes but those are rarefied and those raw are established to do mistakes and so they lose oftentimes, the statesmanlike intent would be to prime gain sufficiency live before putting your safety earned money to trade.

[Forex oscar]

thanks for advice, we really need to follow your advice to stop losing more money, it is time to stop loss and start making some profit . there is noway to start making profit without following these advices

[aalul]

many beginners make mistakes is normal it all is a great learning tool and an impression, an error which must be avoided is not to use a large capital in early trading as you someday must loses

[khaled6969]

Lack of knowledge: most of the new currency traders do not make time to learn and to learn the basics of currency movement

[raysa]

The wise idea would be to first gain enough experience before putting your hard earned money to trade. l think the best way is to use demo account until mastering ourself with a strategy and that is the time we can start to trade live.but the biggest mistake of the newbies is when they hear about forex and the earning potential of it then they are in a hurry to trade live without knowing even the basics.

true mastery of the basic trading is needed to be profitable for trading, and most importantly is the skill in determining when to open and close the transaction, it must be trained and get used to the demo account first

[fazeel khan]

new comer ko chaiya kay wo hamesha demo account main practice kay bad he real account main trading kre .or lalach ,fear,or emotional trading mat kre.koun kay is say loss hota hai .

[kazaforex]

I think they should avoid using high leverage and big capital investment since it will be too risky for them to bear any loss. for beginners should avoid using high leverage and big capital investment, they should focus initially on learning things and trade.

[gemmy]

Not only beginners who do mistakes , but every trader may do so , the most important thing is not to repeat our mistakes , for beginner most important mistakes they do is trading with lack of knowledge and being impatient while learning ,

[irfanchauday]

Mera khyal mein ziada tar mistakes jo newbie karta han vo tab karta han jb unho nein demo account par practice kam ki hoti han jiski waja sy unhy kaafi nuksaan uthana parta han ya vo over confident ho kar begair kisi hass knowledge ya practice ke demo chalaty han or greed ko damgh mein rakh kar baari trade khel leta han mgr unha nuksaan uthana par jata han.

[engsmsm]

Thank you for this excellent advice and thank you for the alert, but if trained on the demo account you should choose a small amount so as not to learn because of the greed in trading large amounts on the account demo

[Lia]

Lack of knowledge: most of the new currency traders do not make time to learn and to learn the basics of currency movement

yeah very true to not have the knowledge and skills in the business gets bigger will be doing a great defeat here ... that we must be cautious ....

[fxsilo]

according to this question i think that traders who are new they have many problems , mistake is one of them so they should avoid this mistake.

i think when we are heard first about the high risk and high gain and we doing a lot of practice in demo account, i think we will realize and dont make some mistakes. so Actually we can earn some experience in forex demo account before start trading in the real account.

[leherchand]

l think the best way is to use demo account until mastering ourself with a strategy and that is the time we can start to trade live.but the biggest mistake of the newbies is when they hear about forex and the earning potential of it then they are in a hurry to trade live without knowing even the basics.so l was one of them and it cost me too much.if l could keep my savings until today l could make better profit rather than losing all of them.

[cozard007]

Well, among all, let me add my owen,. Don`t ever let the market trading gets into you att all, this fact will amke you get the worse in trading when it takes you out of balance.

[Madushanka]

These are most common points that the beginners should pay their attention for....!

Failing to Learn How Currency Trading Works

Many new investors leap into the Forex market with both feet, but they lack wisdom about how the system really works. There's no excuse for Forex trading in ignorance. Even currency trading online seems easy, but still requires knowledge to be successful. You can easily take tutorials and watch demos about the Forex market. Many training tools are available for free or at very low cost on the Web. Knowing all the Forex terminology as well as how the system works will protect you - and your money!

Too Much Margin

Another costly mistake many beginners (and even some experienced Forex traders) make is using too much margin, or leverage, in their trading. Margin is money borrowed from the broker for trading. It usually carries a high interest rate, which increases the risks involved in Forex investing. Though using margin dollars can result in bigger winnings, it can also cause more debt than you bargained for when a loss occurs.

Forex brokers have their own requirements concerning margin debt, but the typical maximum margin debt is 50 percent of the account's value. The margin debt must remain below the percentage level to prevent a margin call, or a request for you to raise your collateral by adding more of your own money. When starting out, try to avoid the temptations of margin debt until you are fully aware of how this system works.

Forex Trading with "Big Tips"

As a beginner, it can be tempting to invest lots of money by faith based on a "big tip" you heard from a friend, relative, or even an experienced Forex trader. Tips are just what they are - tips. Tips are not guarantees to get rich, and are often unfounded. So, if you hear a "big tip" do some research of your own. Get a second and even a third opinion from an expert or broker before rushing to invest your money.

Cheap Currency Rates

Sometimes a cheap currency rate now can mean big profits later, but not always. Avoid investing in a currency just because it is cheap. Buying when the rate is cheap can bring good money, but sometimes it can cause a loss as well. Even small losses can add up in a hurry. There might be a distinct reason why the rate is very low for that particular currency. It's a good idea to research the market to find out why a currency rate is so cheap and what the trends have been with that particular currency. With online Forex trading, you can easily do your research online before taking that big step.

[t123]

For beginners should avoid mistakes if he can't cover it.Beginners should focus learning in demo or real under in expert.I think ones first step should invest but not a large it may lead him loss profit.so he should go slow for mistakes avoiding.

[darksaimon]

i think this is not that tough traders do not maturate mistakes but those are ratified and those apprentice are verified to do mistakes and so they decline often, the prudent melody would be to position turn enough get before putting your set earned money to trade.

[zahid2512]

on my opinion maximum trader in the forex are start their trade without clear knowledge on indicator and open more and more trade at the begging,and that is the most mistake of the begginer in the forex trading

[miracle]

this is basic mistake that most of beginner in this business will experience, which is syndrome of want to get rich quick in forex. this mind set make people think irrational, they sacrifice anything just to get rich and forget that forex is the most risky business in the world to walk through.

[mohosin]

Man is not out of mistakes. Not only beginners but also experienced person can make a mistakes. But a beginner should gather knowledge about Forex trading and then apply.

[Sun-Moon]

l think the best way is to use demo account until mastering ourself with a strategy and that is the time we can start to trade live.but the biggest mistake of the newbies is when they hear about forex and the earning potential of it then they are in a hurry to trade live without knowing even the basics.so l was one of them and it cost me too much.if l could keep my savings until today l could make better profit rather than losing all of them.

Your thought is very good. It is really good doing demo trading until get the full confidence for real trading. But, There is problem that many newbies does not trade in demo seriously. For this reason, they will face problem in real trading.

[Madushanka]

@joy01 I agree with you........... Most of beginners are making mistakes like this.......... because of their excitement & being impatient when they get started in trading...........!

Get rich quick mentality
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.(Forex is not only about earning money.......!)

Random decision-making
Traders should know where they intend to open and close their position before entering any market, based on a particular system they are following. Setting this ahead of time helps traders to focus on their system and eliminate second-guessing. It can also reduce losses by having stop loss orders in place. It's important to keep in mind that the market may not always agree with where you place an order.(very common & foolish mistake..!)

Using too much leverage
One aspect of the Forex market that attracts many traders is the opportunity to trade on margin, in other words, leveraged trading. Trading with a small initial deposit will still make it possible for you to open relatively large positions, so it is important not to overdo it when selecting a trade size. Forex is usually traded with a high degree of leverage, which means you are able to provide 1% or less of the actual amount you are investing whilst sustaining profit/losses as if you had invested the whole nominal amount yourself. This can work for you as well as against you. The possibility does exist that you could sustain a loss equalling to some or even all of your initial investment. It is also possible to lose more than you initially invested in your trading account. We do have risk management systems that are designed to help prevent unmanageable losses although these measures still require a responsible approach to trading.(that's not recommended, when trading as a beginner........!)

Not using a stop loss
Many new traders hold on to losing positions far too long thinking, or hoping, in some cases that the market will turn around. They also tend to get out of winning positions far too quickly to lock in an immediate profit, which eliminates the chance for greater gains. Although it is tempting to have this mind frame, you must have the patience to enter only those trades which you think are opportunistic and follow this up with the discipline to either cut this trade quickly if it turns against you or run with it because you believe in the trade.(a good traders pay their attention mostly at this point.)

---------- Post added at 09:30 PM ---------- Previous post was at 09:29 PM ----------

Trading on emotion
Keeping calm and maintaining a balanced state of mind is crucial when trading in order to remain focused on relevant events. It’s important to always remember that the market's actions are nothing personal. It’s quite an easy thing to say but very difficult to do especially in the heat of the moment when you have to make a split second decision. Novice traders tend to trade with their emotions and they forget all the things that they've learned.

No discipline
Disciplined traders who stick with a tested trading plan consistently will, more often than not, profit over those who trade inconsistently because constant second-guessing ruins the profitability and eliminates the benefits of having a trading plan in the first place. It is crucial that you plan your trades and trade your plan rather than randomly picking out trades on a whim because the latter is no more than punting with only the hope of winning as opposed to having an edge in the markets through the use of a solid, consistent trading system. It's important to maintain consistency with your trading system and follow it up with good analysis of your own processes in order to have a better idea of where you are going wrong.

No money management
The main difference between an amateur and an experienced trader is their approach to money management. Professional traders recommend risking a set percentage of capital and never altering that percentage. Risking a set percentage of your total capital on each trade is an advantage in times of repeated losses because it reduces their impact. Amateur traders often disregard this and increase their stakes as they begin to lose more. This type of scenario inevitably leads to loss after loss.

Not knowing your market
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. The more informed you are, the better your chances of trading successfully. Be aware that some market participants have different intentions from the ones you have, for example, hedgers will sell into a market that is rising because hedgers often look for good average prices on large orders in order to risk manage their portfolios. This is in contrast to individual traders who seek to maximise profit on each trade.

Not to monitor your positions
It is crucial that you monitor any exposure you have in the Forex market. Having a close eye on how your trade(s) is/are doing will help you maintain control of your trade(s) and help you to follow market movements as they happen. Staying up to date with market developments is a good way to maintain and expand your level of knowledge and understanding of the Forex market. Be aware that the Forex market trades 24 hours a day, so making use of pending orders will be crucial if you want to leave your PC.

Trading without a strategy
A significant amount of time should be spent on deciding on your strategy before you place your first trade because this will make it easier for you to concentrate on market events. Most novice Forex traders begin trading without having sufficient knowledge of their chosen currency pair(s), how currencies are influenced by global events and how they plan to take advantage of price movements. It is crucial that you observe the market price action and try to identify trading patterns before risking your capital, with your observations helping you formulate a trading plan and a trading style.

Your trading strategy should take the following into account:

• Planned frequency of trading
• Time of day when you plan to trade
• Technical indicators you plan to use
• Buy/sell signals you plan to use
• Estimated risk and reward for each trade
• A daily stop limit to protect your total capital base

Your motivation to trade is a key aspect because most successful traders do not have profit in mind when trading because thinking about the potential future profit or potential future losses will cloud your decisions in the present. Instead, experienced traders focus on the process of trading rather than worrying about the amount they could win or lose in a trade.

[didikebenaran]

For beginners should avoid mistakes if he can't cover it.Beginners should focus learning in demo or real under in expert.I think ones first step should invest but not a large it may lead him loss profit.so he should go slow for mistakes avoiding.

Your task is now how to develop your trades with better trades to get you good profits in this trade so that it will be able to develop yourself in your trade and this will make you be better off in this trade

[mike_john]

The big mistakes by the beginner are:
Do the greede
be hurry in trade
fear of loss
Lack of confidence
Less control on emotions..

[t123]

Naturally it could be occur by a beginner,try to away from it but if here don't be so tenseful always try to make yourself confident & do it carefully, i think you will be able to get rid of it.It also give you some knowledge about position handling.

[tonmoy]

It is not that accomplished traders do not accomplish mistakes but those are attenuate and those amateur are accepted to do mistakes and so they lose often, the astute abstraction would be to aboriginal accretion abundant acquaintance afore putting your harder becoming money to trade.

[SAEED]

Mistake causes loss.Loss is a part of trading.Nobody is free from loss.I think we should learn from mistakes and trying to avoid mistakes next time.

[syedraza]

In fact, the money of those who use the Internet to gather information from the computer and internet knowledge means an income for people. Thus, on a different line forex trading forex subjects sources of income through fun. This is a wave for a long time many people in India is a place to earn money. Sufficient incomes and resources for students and staff. This is a game.

[mahbubkhan]

a beginners must be aware for their mistake. because a mistake can easily broke their hart of hope. so be careful always .

[cultus123]

the content given is a must read for a newbie plus i suggest in this regard avoid using high leverage and investing large capital since it will be too risky for them to bear so move slowly and intelligently

[romannil]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.



yeah always trade with demo account seriously. to trade with demo account some times you can face some problem.and try to get rid from those problem by yourself.thus you can learn some things.and always keep that in mind.

[sammy]

the most common mistake which is made by a beginner is that they dont realise what will happen if they lose 50% of their account at single trade at very small fluctuations. they risk very much and may win a few times, but when face losses, they get doomed.

[saviour196]

you are right some of the beginners repeat these type of mistakes and in return got loss so they should avoid these and try to work with patience and strong analysis.

[yum]

the new traders will have to realise that they have the best business in hand so they must not ruin it for them asn they must start to learn the business of forex trading first and then trade

[Shafiq]

From My opinion,I think they should avoid using high leverage and investing large capital since it will be too risky for them to bear if loss occurs.the best way is to use demo account until mastering ourself with a strategy and that is the time we can start to trade live.so beginners should avoid using high leverage and investing large capital they should initially focus on learning things and trading.

[Ahsan Ali]

man demo is the window to trade if u think u can loss trade in live and then get some emotions than u r wrong, u can also get emotions abut the demand is to feel the demo like real, if u do this than u behave demo just like live...

[trading4life]

in my point of view , the wise idea would be to first gain enough experience before putting your hard earned money to trade. and it cost me too much.if l could keep my savings until today l could make better profit rather than losing all of them.

[zindamurda]

We think they are using high leverage and a large capital investment is too risky for them to bear the loss should be avoided. Thus, from beginners to use high leverage and large capital investments, primarily focused on the things that should be avoided by learning, and it is.

[mdnahid]

we risk their savings mistakes to avoid for beginners you must understanding why the previous.Forex offer a demo version of their trading platform.

[Biddarani]

There are many mistakes that can affect my trading system more. I believe that trader can remove this mistake by their technical knowledge,
and demo trading can help in this cases.

[Chi Pheo]

oh yes, my brother. normally, biginners always make a mistake of being impatient when they join in real account. I think that, making a demo account is very important for traders to practice and it must take along time to do it untill they feel they can trade in it well

[irfankhan640]

Beginners have to learn Trading on Demo Account. Master your Skills on it. Gather Information about Forex trading. Learn it and get experience in it.

[ashikrobi]

Huge mistakes are made by those trader who do not start doing trade with proper knowledge. Trading needs patience, skills and self emotional control. These qualities can gain by the new trader by learning from books online tutorials and from the forums. Most dangerous mistake is the greed so take control over it.

[sourav]

they should avoid using high leverage and investing large capital since it will be too risky for them to bear if loss occurs. so beginners should avoid using high leverage and investing large capital they should initially focus on learning things and trading.

[wahidaaa]

It is very true that the new traders must do the demo trading as much as they can to polish themselves as good traders.But at the same time it is also very necessary to build up a good trading strategy and a specific method.There are so many instances in which we see that the traders usually make good money in the demo trading and once they come to the real account they just try to do the trade with a lot of emotions and this is very bad and we should try not to do this.

[qasab]

when broker give demo account then it mean that this account is useful but i dont know why most of the newbie try to avoid the demo account and jump to the looses account i e real account.

[biyen]

he biggest enemy in foreign exchange trading is emotion and the main reason for drawing up a set of trading rules is to take emotion out of the trading equation and to ensure that you are opening and closing trades based purely on what the numbers are telling you.

[sammy]

inexperience is not a mistake. but people like me dont get lessons from their mistakes. that is a crime. you can say a war crime kind of thing. i faced losses due to this. didnt took lesson from my past.

[agitiga]

I think that the major mistakes of the traders is their believe that they can make a lot of money from the market in a ,after of seconds. They expose their account to loss and then lose everything

[pyro]

beginners should try the strategy of stop lose if they want to do good and earn good profits. also beginners should practice using a demo account. also one has to be patient in order to do good in trading. dont let your emotions affect your decisions.

[srikanta]

In the beginning all of one must be concentrate about there trade. so they have to need must about there mistakes in forex. that,s very important for beginners.

[mokas]

in general beginners make a lot of mistakes so i advice them to keep learn about forex trading from several part and not begin trading in real account after practice good in demo account, good luck

[Chelsea91]

most of the newbies want to be traders winning from Forex without spending enough time in learning on demo, they want to make a wealth rapidly and with lack of experience this always makes loss for them

[clark kent]

I believe that most of the investor make more error while dealing for lack of skill. I consider that these error is the primary reason for become loss in currency dealing market. I consider that investor must have obtain knowledge for avoid these error before start dealing in currency trading.

[kashifrehman]

most of the newbies want to be traders winning from Forex without spending enough time in learning on demo, they want to make a wealth rapidly and with lack of experience this always makes loss for them


You are right in fact when newbies watch billions are floating in front of them at that time they become affressive and in emotions they left their learning inbetween and move forward for trading which bring hardles for in trading.

[sukeshroy]

Forex is very risky an there are many mistakes that makes traders to lose money.before trading inforex we must practice on demo account then on real account and always use proper money management.

[chandanhere]

beginners always try to do business quick and more quick.they should firstly learn about the basic knowledge of forex. then they should practice from demo account. then they should trade in small volume and get the experience. after understanding about the market very well they should inter in market.
biggest enemy is greed in trade. every one who trade in forex should give up this. and also they should control emotion.

[enter]

to avoid the mistake on the forex the trader is also need to learn from the experience that they are got in here, if they are do not make the learning from the experience will make tehm being really bad

[muhammadusmankhan]

the main reason for the beginner is the emotions because the beginner does not know how to control his emotions some times patience will make them to do the decision that they do not want to make so controlling the emotions is the main thing and some times opening to many trades in one time make them lose money so these are the two factors which i have experienced on my own.

[Jack]

Beginners ko sabse pehle over trading ki mistake se bachne ki jarurat hai. Dusari badi galati hai emotions me aake trading karna. Tisari galati hai bina analysis ya phir bina signal trading karna, yeh mistake bhi sabse badi misatake ho sakti hai jo trader ko nahi karni chahiye.

[lishader]

Beginner always encounter many mistakes and made ​​them fail can say that the lack of experience, no management khoanvaa not control their emotions is what leads to the loss of their

[esif]

Mistakes to avoid for beginners / Inexperience
i agree with you, you are right about your research, and i will add also some point, and that is the thing i suggest is discipline in trading, if you have no discipline in trading, and no patience in trading, then it will be better to trade forex options..

[Youssef Ouarrak]

So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various topics on forex trading. It is a indian wave site from which lot of people earn money in long time. It is suitable sources of income for student and employee. Its a game also.

[diljaladj]

First thing a newbie should avoid is thinking too much this is the basic problem some people think so much that when the time comes to do they just get freeze so instead of worrying about things which you don't have any control or right over you should concentrate on learning and experience is something which will automatically comes.

[John Scott]

about the demo account > i agree with u that it's useful but don't you think that facing the real market with a small deposit would be better to experience all those emotions and get to know the feelings of greed and other thing like fear and patience.

[hidayat]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

I strongly agree with you, mistakes in forex trading for beginners it can also be experienced by an experienced trader. but differing only in addressing the mental errors that lead to loss. because in forex trading, it is the most dominant mental factors to become successful and unsuccessful

[phdarcva]

The most of the newbies want to be traders winning from Forex without spending enough time in learning on demo, they want to make a wealth rapidly and with lack of experience this always makes loss for them really !!

[mr kashif]

g bilkulo main apse agree karta hun par mujhe lagta hia k agar hum forex main achy trader nahi hai to hamen koshish karni chahiye learning ki & expert trader se bhe advice leni chahiye taaky humen forex main profit ho skay hain & demo main bhe practice karni chahiye hamen!

[fxmoney]

The biggest mistake which you have to avoid is that you do not have to trade with higher lots as most of the time you will not have good margin for your trade by doing that so it is better to trade with lower volume for more time so that you will get good profit with low risk.

[bilal ilyas]

Beginners should avoid heavy investment in the field they dont know much they should be patient and wait for their right time to come and invest

[kavita]

every beginners is a very big mistake is that they are hurry to earn much more money without much hardworking and lack of knowledge and learning about the forex and cannot take any kind of trade tips from from our friends and cannot gain knowledge using demo account they lose

[lishader]

lack of experience is something that all trader can because when market participants is very risky if you do not have the knowledge would be more risky than I'm still looking for a better understanding on how to enter in the past

[manmade45]

New traders should avoid over trading and emotions .Trading should be done with proper knowledge and good understanding Newbies should have the positive attitude and perfect money management capability.

[fairy]

you have give a nice information , newbies should have to follow all above points if they want to become popular and successful trader in no time, other than that there is no any short cut to be a good trader in forex

[benteng]

It's a natural thing if at the time we tried to introduce a new thing, we tend to present both sides and tend to "hide" the downside. Maybe for those who introduce, is not intended to lie anyway yea ... It may mean that not wither before they ... eh ... despair before trying, that is ... hehehe ...

[BANGUN]

New traders should avoid over trading and emotions .Trading should be done with proper knowledge and good understanding Newbies should have the positive attitude and perfect money management capability.

If we had not had experience in trading then maybe our understanding of the market is so less that we have to do is how we do this trade using money management so that mistakes can be avoided in the lot size

[riya]

I am happy to say that Every new trader make essential to abstain mistake what they doing in their trading. I anticipate that at premier second trading new trader feel fear so that they make change author misstatement which is the primary ground for piss loss in trading. trader should be discipline nonachievement spell trading by trading in present contend.

[cresteden]

As a beginner it is important that to avoid the mistake of jumping into trading live without proper Demo trading, or Greed by trying to risk trading capital with unwise leverages and lotsizes because it will difinitely lead to loss of trading account.

[hamza12]

basically a demo account guard a new person and inexperienced person so it is easy to manage and then a plan and a working chart can be a line to cover all the business for the business and thus he can easily do the trade.

[erwin]

What could of acc std pindahin fund the remaining $ 1.45 to micro acc?
because I also got a problem like bro, my depo bonus $ 25 + $ 25 = $ 50, the first 2 hours of the first profit could ampe $ 85, thanks to the passion bablas all, a $ 19, with a capital segini can not trade anymore.
wants the $ 19 that can be transferred to a micro acc. but according to the rules should still have at least $ 25 in her std acc ... gmana tuh .. there is not an explanation?

[perez]

use free money trading the USDJPY pair, ..
yes indeed trading usually pair it, coz 0.1 lot $ 20
bitter one position, .. MC dah
if sweetness, profit .., .. should diWD direct aja, ..

[mircle]

bitter experience little green clay at the close, gatel hand.
many red even silent

[dila]

. while first direct trading loss ..... but every man was created to have the ability and use their skills to produce anything at all aspire .... The key should never stop learning ....

[yudijoni]

Trading in forex is about learning., most of us will learn nothing if we make no mistake. So don't be afraid to make mistake in your trade, but you have to remember to limit your real money loss. Others thing is ok, that will make you become more profit and profit day by day.

[mkape]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

Yeah this is all very true,many traders think forex is for making quick cash but this is not the case,forex is about making consistent and using money management so that you get accumulative income and small draw downs,lack of discipline and overconfidence is what makes us make many mistakes

[Rafqan]

i think that kind of people should be avoid huge leverage in market , he need use little use leverage in market , if he can then he done good in market , but everyone should to be a good trader.

[gurmeet]

isme aisa kuch ni hai ager aap mistake kar rahe ho to apko loss ho jayega aur ager aap inexpreince ki mistake kar rehe ho toh apko profit ki jgah loss ho jaye ga

[amit87757]

Mistakes may be done by each and every trader. But a successful trader never repeats their mistakes, they always tries to analyze the mistakes and the reasons for it. It is not so important that how much you did mistakes but important thing is that how much you learn from your mistakes.

[alpana]

...........................:yahoo:EARNING AND LOOSING IS THE PART OF TRADE:yahoo:.................................... IF YOU DO NOT MAKE MISTAKES THEN YOU WILL BE GOD WE PEOPLE TEND TO DO MISTAKES IN LIFE THE PERSON WHO IS NEW TO BUSINESS HE ALWAYS THINK A LOT BEFORE INVESTING BUT WHO IS PERFECT BUSINESS MEN WILL NOT THINK ABOUT THE DANGERHE GOES ON INVESTING IN THE BUSINESS,

[blackjack]

Indeed , demo account is so necessary for beginners , they have to practice 6 months at least, and when they open a live account, they should avoid high leverage, because it's risky for them, trading maximum 5% of their capital will be safe , and the most important is the discipline , i think is the key of success .

[timkola]

What a beginner in forex needs is patience and focus. Forex is always there, we need to master the strategy before venturing into trading. A beginner need to overcome coveteousness and greediness. Forex is a business not a get rich quick business. Be patient, Practice well and be focus.

[mlatif0333]

At the start beginners should not invest heavy amount in this trade first time invest money according to pocket which he bears easily.

[featurelion]

bhai sab sey beri mistake jo trader kerta hey woh yeh k woh sehi terhan sey knowledge ki terf dehan nehi deta hey, knowledge boht hi zeroori hoti hey, jitni achi knowledge ager ho to utna hi faida milta hey

[SlaiteR_95_]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

Dear

It depends on your performance only

For example, there earns 1% to 2% and sometimes 5% on the day

But most of them are professional traders

The most important thing is practice, of course, after Forex Education

Preferably not less than 6 months

With time you will learn how to adapt to the market and choosing the right strategy

Prefer to monitor your performance

[FREEDOM]

There are a lot of mistakes can be happen everyday but the most frequently happen is greed. Why greed?, because greed can kill every traders account without a mercy. From my opinion, greedy is the most dangerous in forex trading. Don't you agree it?.

[hpanoo]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

yes i totally agree with this saying. losses are common to every trader. any trader should be capable enough to bear a loss at any time. but with having more experience on trading we can minimize our losses. because with experience we are getting knowledge on different market conditions and how the market behaves under these conditions. so we will be able to get use of that experience in trading and by that we can minimize losses.

[suzonbmw03]

Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.all the money due to their mistakes that they does not practice on demo account seriously and does not trade with strategy and have not thought about their losing trades.

[oscar]

beginner trader always thought that forex business is much easier to earn money ..
they usually do gamble in this business and hope to be able to double their money in short time ..
however, they just got a lot of loss or margin call due to do over-trading with their equity

[gerrard]

yes you are right.Some trader trade on demo and after some winning trades they start trading the live trading with real money and lose all the money due to their mistakes that they does not practice on demo account seriously and does not trade with strategy and have not thought about their lossing trades

[blonur]

Good effort for all traders those have limited knowledge about trading faults and mistakes .Your disscussion is very clear about all the facts of forex trading .Here, I want to explain some further mistakes which are commonly used .Some new traders invest in bulk quantity and some trade with lack of investment .Some traders do not pay attention on the comments and status of experienced traders .Some traders always think about the profit .Some traders invest without noticing the market movement .Some traders think always think about the luck .Some newbies write comments with spelling errors .At last all these mistakes compel them to close their trading .

[mumun]

indeed most traders Nubi on experience like that. My example, many are suggesting to use the demo once a month, it pretty clever, new use real money. But it would not, because in the demo there is no "taste". With only a high morale capital (in which there is greed and revenge), just trading. I try to give advice to a friend, so the demo first though not like me, but do not want to, then if money is no direct trading.

[fendy]

Essentially, the system not find any trading trading system do not try, not unusual ride motorcycles do not try to ride motorcycles, not unusual in a car do not try it in the car ... so learning to ride a bike first course

[uknim]

Many people loss is greater than the natural , but they are also the same: do not quit and keep learning
There is a saying: Winner Quitter never never Quit and Win.
So, in my opinion anyway been right, does not want to quit just wait for the time to be a winner.

[DAVID RICHARD]

It is not that toughened traders do not create mistakes but those are thin and those naif are tried to do mistakes and so they lose oft, the advised content would be to eldest get sufficiency change before swing your unpadded attained money to occupation.

[pisses[69]]

hey i think you are right and Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.and this is a professional job and thanks
Beginners means a new to one particular thing, when you are new one area of endvour hid for an advice don't do it in your own way it fail you. Look for a mentor to achieve your goal.

[donj]

It is not that toughened traders do not create mistakes but those are thin and those naif are tried to do mistakes and so they lose oft, the advised content would be to eldest get sufficiency change before swing your unpadded attained money to occupation.
need to have decent amount of capital because a good business can be built from a good capital. Avoid emotions to be included while trading because they will only lead to losses

[pakhi_pk]

It is very important to avoid mistake for beginners.if you have a mistake you can banned from the administrator.So for no mistake you can learn about forex from internet,by creating a demo accountor take a training on forex tradig.

[erwin]

every effort, much the beginning definitely ups and downs. rich learning first bike, would often fall khan. After a long time certainly proficient, could even loose the steering wheel all the

[perez]

let's just say that the cost of private lessons in forex. For now you should use the demo sometime nenangin all emotion.
Later if you've established a new list again, but should take the rebate program so that helped a little loss. If you want to join in the rebate I will do.

[mircle]

I think, find the formula .. find the best formula for our own ...
learn learning continues ...
get ready ... I've started to not trade for a period of 1 minute ....
try 1 hour ... read news ....
cured with indicator and signal .... fluctuations ...
with new patterns ... pretty sich ... now target 50 pips per day ...
played in the first pair ....

[dila]

much bitterness in forex, forex entry to $ 100 could be $ 120 was nice for mercy, so Op again in minutes blesss missing
had paused in front of the company's profits go fast why, it turns out emotion he replied, ga greedy discipline without calculation.
now actively seeking to learn and learning system was in accordance with the style of cave trader.

[warsidi anda]

very true friend, when we or our feelings march mediocre but when we got our original trading strange feeling or have doubts in our minds because we are trading in a demo when we used to just because of the money that we use is a fake but when we are trading we have the original juice doubt because if we lose then our money in the account will go away, so for the Treder to have the strong feeling in the mental,:):):):):)

[balok]

It is not that advanced traders don't create mistakes however those are unusual and those younger are showed to be able to do errors and so they give up often, both the clever idea were to first revenue enough experience prior to putting your own daunting earned cash to trade.

[blonur]

true. when i started trading, my biggest enemy was the combination of time and my equity. the issue is that some people get carried away by the desire to make money by hook or by hook forgetting that they are trading against a market that fluctuates on its own.

learn before you start trading
get a mentor before you atart.
mostly, demotrade for at least 6months.
get your figures well thought out.
have a trading pattern.
overcome greed.
have all these, and you are bit ready for the world called forex

[shan]

beginners demo account ko serious nhi lete or phir thoray arsay k bad vo live trade shuru kar dete hen or is men phir loss b face krte hen unhen demo account ko serious lena chahye or is m work krtay hway bht kuch sekhna chahye

[bdconnect]

If you want to beginner in forex trade you avoid all the mistake because all good trader can not do any mistake they just earn more profit and lead a happy and peaceful life.thank you

[cmdabduljalil]

I think the best way to do this is with a demo account until you have a strategy, which is the biggest mistake you live.but Trading foreign revenue opportunities when they can start to learn to manage ourselves as it is used, so that basics.so one without knowing the direct business, fast, and very accepting of much.if savings instead of losing them, I can not be better off today.

[monjurbr]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

Definitely mistakes should be avoid for beginners. But I thinkin this market mistake is a dangerous name for all traders. Because if any mistake occurs during trading it may a great cause for lose everything.

[sitiz]

How a novice trader can trade properly is very important because a lot of forex traders who understand the wrong and they assume that the forex can get money quickly as a result of trading with the ambitious

[Discordance]

forex it is very risky and usually a trader mistakes made by beginners is they often look for when searching about the holy grail holy grail does not exist, one day, they will wake up and immediately left the world of forex trading

[Agazaman Awang]

i want to add more for newbie thing new trader should not do:
1) dont staring the monitor for every secong but look frequently evry 5 minute or 10 minute.
2) dont make the same mistake and learn from the mistake.
3) follow the strategy or planning from other experience trader.

[m.awais]

Mistake is a common matter in forex trading. One can not go smoothly all the way of forex. There are so many reasons for doing mistake. If someone ignores the rules of trading then he may fall down quickly from the forex. Everyone should recover his mistake by learning..... i think

[markoto]

matter of bitter experiences in forex is how I feel, to this very day still feels bitter. Loss only, whereas the strategy already fairly understood. But emotionally difficult dikendalikan.Itu hard. Ve often times without ever even WD.Menyedihkan deposits. But that forex.Kalau we give up in the middle of the road. In vain our struggle. Anyway spirit wrote. Never give up. Freedom!

[nanoni]

That's our capital, keep the spirit and hope. If not, briefly wrote already brokenhearted (discouraged). I have more experience about the follow-up news. 2 pairs already pending orders, uh nope suddenly knew why one tertrigger and direct order - 35 and bulldoze SL (SL = 20 ndak work) After that continues to grow regardless of minus wrote SL.

[erwin]

Bitter experience is to be made in the open lesson well if lose again and again to learn to take a definite position if in doubt do not OP first

[mircle]

There are losses to be enough to buy honda revo, crazy, deposit continues, even after a long time can not saving, saving her in the forex continue leaking again

[dila]

indeed many bitter experiences
but learned the hard way
I think why keep repeating over again

[alimdesk]

exactly, learning the trade first is the most important thing for the beginners, no need to make a rush to the real trade without proper knowledge and experience. i am not sure about one point that an experienced trader always make profit.

[fatema]

well friend, i think avoid mistake of a new trader is very essential. if trader do it properly, then profit must come soon. but most of the trader don't understand risk and create risk. but i think if trader practice properly and maintain trading advice then he can done it easy. and trader must be practice it to achieve it.

[Hiron]

yes it must be need to the biggener to avoid mistake.it also need for the unexperienced also.if take ad decession he must face the failure in trade

[shankar_saha]

yes i will to undertake avoid mistakes,i understand that mistakes avoided required know some strategy and best-known forex basic,concentration,fear,risky commercialism, assured and additionally understand brokers. i believed required for all best forex dealer.

[budado]

The biggest mistake that newbies encounter is investing in real account right away. I think its best that we don't invest in forex right away. If we want to make money we must make sure that we are doing things the right way and the right way is always to trade in demo account, practice our strategy in their and make sure that we are going to earn good amount of virtual funds in demo account. I'm sure once you start earning in demo account you will have a good chance making money in real account.

[penolipa]

well i can say pls follow the senior to avoid any harassment make sure you have the ability to plan your work and work your plan. A well defined strategy is surely one of the essential "mantras" of the fx trading market. Take your time to research and find one that you feel most comfortable with. Plan your strategy even after you've suffered a series of losses. Being a newcomer, when you study the examples of past trades, it is much easier to recognize direction, entries, and exits.

[Adil Shahzad]

good post bro its realty very helpful posting i really appreciate your work on forex it is very helpful for newbies and also old traders. i will try my best to follow and spread this information to other peoples who really need it.

[nabila]

I guess they should abstain using overflowing investing and investment astronomic assets since it module be too venturesome for them to contain if death occurs. so beginners should refrain using screechy investment and investing capacious character they should initially engrossment on acquisition things and trading.

[golam1]

Hi how are you.
I think they should avoid using high leverage and investing large capital since it will be too risky for them to bear if loss occurs so beginners should avoid using high leverage and investing large capital they should initially focus on learning things and trading.

[WajeehBJ]

I think one of the most important mistake that newbies and beginners have to avoid is to make sure that emotions don't dominate them. Emotions is something that will ask you to stay in the market more than required and sometimes will ask you to get out of the market when you are actually required to stay in it in order to make money.

[ku_lock]

yes indeed, it was a lot of emotional factors detrimental to beginners. because emotions are what will make us not be able to think well in making decisions. so that when the use of emotions in trading decisions, it would make them unable to make decisions well, so it would make them more likely to experience losses in forex business. that's why we really have to be serious in learning to control emotions.

[pitra7]

for avoid bad things in forex we must have right information about forex... then applying that information with discipline... so, myIt is not that advise for practice forex regularly every day... to avoid bankrupt, we must practice in demo account first until we can profit consistently then practice in real account...

[alaminrony]

The best way is to use demo account until mastering ourself with a strategy. the biggest mistake of the newbies is when they hear about forex and the earning potential of it then they are in a hurry to trade live without knowing even the basics..if l could keep my savings until today l could make better profit rather than losing all of them.

[forex777]

L l l much.if you'll be the simplest thanks to store my savings in mistreatment associate degree account demonstration to the time after we have job strategy. They live trade nowadays hurried by do not know one among them basics.so l earning potential of Forex, and once you hear concerning the most important mistakes that newbies to measure.but, you'll begin mercantilism, and higher than all of them thought that the price of losing.

[dibendu]

Yes it is very important to learn trading first before start real trading.For learning trading we should practice in demo trading at least six months to know the real condition of market and to check different techniques & strategies about trading to find the beneficial one and it will be come in a great help in our real trading.

[maaado]

Avoid killing your account, just avoid being in the wrong side of your trading account
the best way to trade is to avoid making so many Mistakes and emotional trading

[markoto]

Bitter experience is our ultimate teacher.
We're forging how the mistakes we did not reset.
Each person must have had a bitter experience in forex.

[Sithara]

Of cause,In Forex making mistakes heart moor as it affects to our economy.The best solution I found for that is the demo account.By trading in aa demo account for some time I achieve the ability to guess what s gonna happen next in the market.Even though its not 100% right I think its 80% correct.Trading in a demo account help beginners to make mistakes and learn from them.

[shakil7142]

Mistakes should be avoided for every beginner.It can so much harmful for every trader. Because,if you facing continuously loser,once a time you will be disappointed about forex trading.

[mumun]

I had a bad experience about trading at the end of the week. I still let UJ floating on the evening of Saturday, because it is still floating negative. I leave it alone for a given SL = 50 and TP = 50 then I guess it's safe. But in fact on Monday, which happened was a very drastic leap and bulldoze my SL. When it was my loss of hundreds of pips.

[debashish66]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade. Some trader trade on demo and after some winning trades they start trading the live trading with real money and lose all the money due to their mistakes that they does not practice on demo account seriously and does not trade with strategy and have not thought about their lossing trades ............

[truegoa]

In fact, all traders have potential to do mistake and doing bad trades, no matter if she/he is a experienced or inexperienced trader. Mistake is common nature of human being even in this business. And, from this mistake we will learn something important for our next trade. So, just deal with this mistake matter if we want to learn more and more. Just remain your self not to do same mistake over and over.

[hpanoo]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

this is a good advice for the newbies who thinks forex as an easy way of making money at home. other than the experience we have to improve our abilities in analyzing price movements and money management as well in order to avoid losses. experienced traders may face losses without having these talents.

[mircle]

bitter experience, because human nature is greedy to gain continued .. profit was up 90 pips loss eventually hold all the OP again. fortunately still in demo account he he he he .. learn .. learn .. and learning
to the master forex, beginner please guidance .. thanks 4 all

[challenger ab]

I think all beginner fall in greed and impatient and they cannot control them self to trade on demo for long time but they haste to join to the real market to catch the money but actually this market not easy and need more time to be professional so the loss will be their destiny

[markoto]

bitter experience .................
there is not a rich friend who had me.
always safe and never wd????
total loss for me if wealth can buy Motorcycle HONDA REVO New!!

and I was still trading today. although some say TRADER IS NOT 4 EVERYBODY. but it's not me!!!

I'm sure sometime in the future. by learning, studying and trying then nothing is impossible.

[WajeehBJ]

I think one of the most recurring mistake that beginners in forex market make is that they fail to define a target for themselves which end up making them clueless of when to leave the market. So you should always have a target as to what profit you want to make for a day and what loss is bearable for you. Once the target is hit, you should simply step out of the market.

[fendy]

My bitter experience very upsetting and touching
when i succes withdraw into LR
suddenly automatically update the LR system where pass new password sent to your email. unfortunately I forgot the email when I create LR first. from there I was crying because I had promised to my wife to buy something
I fell silent and pray, :)))

[kiam555]

Yes thanks man. Those are really some great suggestions. Well according to your post demo accounts are really very helpful for observing the real situation without any losses.

[malik]

I think all beginner fall in greed and impatient and they cannot control them self to trade on demo for long time but they haste to join to the real market to catch the money but actually this market not easy and need more time to be professional so the loss will be their destiny
You are right brother, greed is the worst enemy of traders that do not let the become good traders and they just try to make big and quick profits that is not possible to make in such a risky and tricky market all the times.

[ishvara]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

The experienced traders also make mistakes when they are trading forex markets, but it is a very rare occasion. As for the newbies, they make multiple mistakes basically caused by lack of knowledge from the trader.

[wawaz_i]

Ussualy I forgot to use SL, Stop Loss is very important in every open position, with SL then we will always be able to count how many defeats we endure, with SL we can prevent it from Margin Call, with SL we can trade with ease even we do not have to worry when we travel

[freaky1212]

I think that the mistakes to be avoided by beginners are many. the mistakes to be avoided are usually learned when been handled by a teacher or a coach. Mistakes which i made during my own time when i was a newbie and which i want other beginners to avoid too is trading with greed and without proper analysis of the foreign exchange market.

[ntoed]

demo account is very important, we can practice and get more experience without fear to losing real money. with practice we will know our mistake and can learn from the mistake, fix it and avoid to make same mistake. forex trading is very risky so we need to use money management and always improve our skill.

[sukro1940]

if you want to keep learning beljar and you will get what you want so it had not had the experience you will have that experience because every time we learn will gain knowledge and new knowledge

[bujinishila32]

Recognize that I do not think lack of experience no doubt, as people with disabilities, in order to take benefit from small practice than learning, time for a novice trader drawback should be done to deal with the target while anyone.

[Mo0nLight]

Your great my friend but I think it has to be loss in the beginning and to have to learn we in the forex market are looking for success and try to excellence and profit, which may independent of means for a lot or access method makes Forex enters profit always you and is like any other tradeand not playing guitar could lose in the beginning to reach the experience

[kramnik]

Every country has its Forex trading session and therefore require foreign exchange regulatory body. ASIS is the sole authority or regulatory body of Australia, which has a very strong presence in the global financial markets.

[capablanca]

The CFTC, as foreign regulatory agencies go, states that its mission is to "ensure the economic utility futures markets by encouraging their competitiveness and efficiency, protecting investors from fraud, manipulation, and trade practices are abusive."

[lasker]

You can not get even with the market, and you certainly will not prove the market wrong. The attitude of "I'll show you" should have left your life when you were six. Do not bring back to the market. You will have a regular day job in a short time.

[nazeer]

yes dear i m agree with u traders mostly take loss in trading due to all of the above reasons i think if traders control on that type mistakes they can earn so much money form trading and that is better for the traders to control on mistakes

[suneetha]

The most common mistakes in trading to avoid for beginners are
1. Don't Day Trade or Scalp : All short term volatility is random, you can't measure what millions of traders will do in a few hours so don't try.
2. Avoid most forex robots : Forex trading systems all the time and they all claim great profits but the track records are all simulated in hindsight and have never been traded.
3. Don't Predict : If you predict you are simply hoping and guessing and that won't get you far in currency trading or life - trade confirmation and the reality of change and don't guess.
4. Markets do Not Move to science : Many people claim they do and follow the methods of Gann, Elliot and fibonacci but they don't work.

[rmizanur]

Forex is a lot of opportunities for all sphere of people, so to avail this opportunity you must not take wrong decision, especially newbie should not trade over trade, must be avoid greed, do not place order of opposite the trend. Always should enough practice in demo. So, money management is the best for him.

[sayed2012]

Mistakes to avoid for beginners or Inexperience is vary interested for earn money no successfully this work. Forex trading is first time i feeling very low work doing on this type of business. i am earning money from this site its easy and i successful my life.

[hmidaanas]

....i suggest in this regard avoid using high leverage and investing large capital since it will be too risky for them to bear so move slowly and intelligently :/

[salahsambo5600]

fear that money will drain out of india if forex is fully
legalized so they are allowing only currency pairs with INR say
USD-INR. What i believe is just the opposite of what these bureaucrats think. Forex will trading sa or boht kam loss earned karta han kafi

[botvinik]

With CFTC oversight Forex traders do not have to worry about the legitimacy of the broker he chooses. Forex Brokers will have the same kind of guidelines and parameters as every commodity company in New York and Chicago. They are required to have certification and it is up to the Forex trader to make sure he is dealing with a Forex broker has the certification.

[boriss]

Both Forex Education Can Provide Shortcut To Success Is it a good idea to consider the serious Forex training early in your trading career? A recent survey showed that most students do not consider this action as important.

[nayyerfazal]

well i think that you are right beginners do many small and big mistakes by stopping them they can avoid loss.

[sukro1940]

Forex is a lot of opportunities for all sphere of people, so to avail this opportunity you must not take wrong decision, especially newbie should not trade over trade, must be avoid greed, do not place order of opposite the trend. Always should enough practice in demo. So, money management is the best for him.
Self starter may not have enough experience and can make a good strategy to play due to lack of experience forex itself is very dangerous to both self-confidence and our capital

[Samee01]

Yes you are right with your opinion! For avoiding mistakes you must start with demo accounts. Also you have to learn from every mistake that you make. Good luck!

[prince3]

yes you are right
beginners!!!...........must be.......!!!...patience to learn trade from demo...........!!they have to practice trade in demo and also greed and emotions....................If they learn strategies from trades they will not have any lack of.......skills..!!

[yadikhanih]

Whether you�re new or not to the forex market you may be looking into using a piece of software or a robot to help you make money? And since the turnover for the forex market is in the trillion each day why would you not want a share? :yahoo:

[suriman]

as a beginner, it is very difficult to be able to avoid mistakes. only discipline that can save you from destruction. practice for discipline, although your results are not good. because with discipline, you will be able to achieve your success.

[Ownway]

Actually i think so that this will be possible to define the non-professional trader does not do mistake. Rather than a professional trader does mistake low amount than a non-professional trader. Bcz there has been a question about the experienced person and non- experienced person.

[elkhawaga]

Actually your words very useful trivializes a demo account is losing a lot of it is he has a great opportunity to learn and go it through demos and although I am me bonus but I am still working on a demo account so that I can and I do not miss the bonus

[Hiron]

it is must be needed for the new comer in forex.they must be avoid it to success in trade.otherwise they can not earn many

[nanoni]

I also wanted to become a full time trader, but until now have not been successful, sometimes straight profit for a few months, be happy thought to have found a suitable system, it then started to loss again.
And imagine the delicious become a full time trader, day job just relaxing at home while hanging out front of the computer, tp the world of forex is difficult to master. Only 5% who succeed, while 95% work only deposit. Until when dreams can be achieved consistently WD.
Sometimes hesitate to ask, is there no one who lives fulltime forex trader, but it does exist.

[arshad2280]

Mistake can be occur from any one who are beginner but we learn from these mistake and after every dark there is a brightness means we shall learn from mistake and we shall be succeed at the end.

[waseem]

new member have not experience about Forex trade and they are over confidence about trading skills.must work on demo account at least 3 month before start trading account.learn about Forex and get knowledge

[imranzaki79]

avoiding from mistake this is important to trade with Forex. beginner should start work with the help of demo account......... after that we can use real account to make money with forex. inexperience and beginner should improve their skills and improve their ability to work in proper way to earn money.