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deep thought
2012-04-28, 11:31 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
Nabi Ahmed Gill
2012-05-08, 10:24 AM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
mistake to mistake hote ha chaya wo newbie mistake karna ya ap beginners mistake kanrana mistake hote ha or trading main mistake ka matlab ha ka ap na obht sara loss earned ka es laya main ap ko ya kahta hoon ka tradign akro lakin apna emotion ko control karo or boht sara profit earned karo,
ayusri
2012-05-08, 12:34 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
what is said is true, sometimes we are trading like a pilot who took a flight to a destination, a pilot must know where the fuel volume if it is rarely traveled 1000 miles to spend how much fuel and how, if at any time of the disturbance on a flight for example The first aircraft should return to the place of departure is enough fuel? as well as trading if our fuel $ 500 with a leverage of 1:500 is not possible to open 10 positions each trading with 1 lot, because our fuel in this case the capital will not be enough even before reaching the SL might be touched we've run out of capital because of the large margin that should be borne not in accordance with available capital, if such a plane would have crashed due to fuel shortages, trading will be automatic because terclose mARGIN CALL for it if only ten percent of the fuel, although we are still very much affected by SL and we can continue trading until the next to benefit our capital back.
pkdoo7
2012-05-08, 01:05 PM
multiple position open karna behad harmful hai aur hamain 1 ya 2 se jyada positions open nahin karni chahiye jab tak ki use close na kar dain , isse losses badhte hain aur closing main bahut loss hota hai agar price direction change ho gaya to margin call bhi sambhav ho sakta hai .
gemmy
2012-05-09, 02:38 AM
Yes i agree with u , for beginner i advise to avoid opening many orders so as to focus only on your trade and never disperse yourself by many trades , this will be helpful and may limit more losses for you at start of your real trading .
DrJoe
2012-05-09, 06:35 AM
in the forex world is what we need to be aware of our financial system, whether it is correct or not, in determining whether the financial system we should be able to read how many pips average daily movement in one direction then it would be better to avoid Los or MC
Maham Gill
2012-05-11, 09:04 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
forex trading main ko be mistake ke gangahs nhi hote ah agr ap senior hoon ya newbie hon agr tradign main mistake kaoro ga to ap es main bht sara loss earned kar skata hoo es laya tradign karo lakin es main mistake na karoo.
nuh514
2012-05-11, 09:12 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
This is the thing that I have learned so far that we should never open too many positions at a time which creates problems for the traders at later stage and end result is only loss. So we should open as much positions as we can handle and we can afford. We should just concentrate on 2-3 or maximum 5 positions at a time.
newentry
2012-05-11, 09:38 PM
and for it, they should to know what is the best action for their trading, they have to know how much the risk will be accepted
but if they are sure for it, so there is no problem but if they just bet and bet...here is big problem
so what do you think about your trading? did you focus to one pair or ever try to put orders at many pairs ?and if yes, i think you have your own reasons for it
shamim3040
2012-05-11, 10:31 PM
If is truth that new traders must fall in loss in first time.Although new traders follow all rules to earn profit.
But new traders must do mistake and lost his money.I think new traders must follow stop loss policy.
traderapes
2012-05-11, 11:04 PM
Actually, the problem for a newbie is greedy. They think if they opened a lot of positions, then the profit gained much greater. Greed made them forget if the opposite is true then they are also great losses.
tashnotashi
2012-05-25, 12:40 AM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
han gi app ki baat sahi ha k main bhi forex trading main yahi sochta tha k bahot sari position open kar k main forex trading main nakfi profit kama loun ga par ye mere soch he thi or mugh ko es main kafi loss howa ha
rathod
2012-06-03, 11:09 PM
mistake to mistake hote ha chaya wo newbie mistake karna ya ap beginners mistake kanrana mistake hote ha or trading main mistake ka matlab ha ka ap na obht sara loss earned ka es laya main ap ko ya kahta hoon ka tradign akro lakin apna emotion ko control karo or boht sara profit earned karo,
khaled6969
2012-06-04, 05:01 PM
If entered into a contract and the market goes against your direction be sure to come out are good, do not try to double the loss and is not much covet and you have to Takrog in a convenient location
are-long alonso
2012-06-04, 05:12 PM
Nice thread to answer.,
But, as beginner we must start with small amount of lots..
For the starting we start with 0.01 lot..
For profit grab we must set low as we can for example 30 pips per opened trade..
S/L do not forgot to set too..
So, the most common mistake that always beginner made can be avoided with my suggestion above..
Guide me if I'm got wrong..
raihanuiu
2012-06-05, 01:05 AM
When new comer comes to trade of forex. They can not control their emotion, sentimental And not understand clearly risk analysis and money management. They open trade more that`s why they can not proper handle their opening trade. They go to losses. So, I suggest for new comer that you should open more trade. You control yourself and try to know clear details.
waqtitrader
2012-06-05, 07:48 AM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
han newbies jo sab se main mistakes kartey haen na un main ek ye bhi ha k woh es main kafi position open kar leteye hane or woh bhi ek he direction main to es liye bhi un ko es main kafi loss ho jata ha
jab we met
2012-06-05, 08:49 AM
multiple position open karna behad harmful hai aur hamain 1 ya 2 se jyada positions open nahin karni chahiye jab tak ki use close na kar dain , isse losses badhte hain aur closing main bahut loss hota hai agar price direction change ho gaya to margin call bhi sambhav ho sakta hai .
off course i am agree with you before open any trade we must need to wait the market trend after the market trend is clear then we need to open a single trade with any lot size by checking our backup then you will always be successful trader all over the world
hello927
2012-06-06, 09:32 PM
It is dangerous for newcomers to trade at multiple poisitions at the same time because they dont have the experience of the market.
Firstly a beginner must start wilth lowest capital and must observe the market's behaviour. He must understand the position of the market and use his brain to control the profit loss situation. After getting some experience he can play at more than one place at a time.
Rizwan
2012-06-06, 10:07 PM
what is said is true, sometimes we are trading like a pilot who took a flight to a destination, a pilot must know where the fuel volume if it is rarely traveled 1000 miles to spend how much fuel and how, if at any time of the disturbance on a flight for example The first aircraft should return to the place of departure is enough fuel? as well as trading if our fuel $ 500 with a leverage of 1:500 is not possible to open 10 positions each trading with 1 lot, because our fuel in this case the capital will not be enough even before reaching the SL might be touched we've run out of capital because of the large margin that should be borne not in accordance with available capital, if such a plane would have crashed due to fuel shortages, trading will be automatic because terclose mARGIN CALL for it if only ten percent of the fuel, although we are still very much affected by SL and we can continue trading until the next to benefit our capital back.
If i insist any person for forex trading then i will gave him guarantee that take the proper knowledge about trading and first work sometime on demo account in which you got experience and after when you start your real trading account then the chance of loss is very low and keep one thing in mind that you have to trade in right time and always try to make right decision.
purohit
2012-06-17, 04:21 PM
I think if we learn some tool about trade managment than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step.
zizhost
2012-06-21, 01:39 PM
Of course my business is delighted by the carefully thread tend not to wide open a lot of roles while doing so because if people wide open a lot of roles while doing so may be people shed the most investment capital due to the fact a lot of roles necessary a great deal of investment capital.
Humayun
2012-06-21, 01:50 PM
mistake is very common in forex trade , beginners often mistake , once time mistake can be solved , when a trader do trade( actually beginner) he does not know he is doing right or wrong , more trade and analysis make perfect , so dont worry do trade and learn by trade.
Nusrat
2012-06-21, 02:13 PM
Article is good, in the Forex market trader have protect their account first because when they will protect their account ,if they can do this then trader can get good profit from their account automatically.
worldforex
2012-06-22, 09:01 PM
yes, we learn a trade MANAGEMENT tool around which we can easily handle more positions because when we open more than one position ...
mojan
2012-06-22, 09:11 PM
This is not just a problem with beginners but also with many people this forum if you are a beginner please make sure that you do not have so many opening in this furum or else you will be burnt this is not a way to get rich quick please cncentrate with ne.
worldforex
2012-06-24, 12:03 AM
is true... This is a situation where too many things are happening around you,, preventing you to react properly and creating a situation of intense stress... In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw... Never open more positions than necessary,, otherwise you will not be able to respond correctly,,
zulqurnaine
2012-06-24, 03:18 PM
Forex trading is very easy to learn. If a newbie trader join the forex market and earn money he become greedy for earn more. He post more traders to earn more. but he loose his money because he didn't control the situation when a trading chart change its trend.
Rizwan
2012-06-24, 10:01 PM
mistake to mistake hote ha chaya wo newbie mistake karna ya ap beginners mistake kanrana mistake hote ha or trading main mistake ka matlab ha ka ap na obht sara loss earned ka es laya main ap ko ya kahta hoon ka tradign akro lakin apna emotion ko control karo or boht sara profit earned karo,
Many people says that they didn't do any mistake but they have got loss. But the main thing is that the knowledge and techniques are not just necessary in Forex but the proper use of these things in accurate time play a vital role in this field. Most of traders fail for these reasons, in other side many people use maximum amount of their budget in order to get more profit.
yaqoobali95
2012-06-24, 10:20 PM
beginners should avoid to open to many trades. they should avoid to use different strategies on live account. beginners need special attention to trends.
shuvo50
2012-06-24, 10:42 PM
friend, if your account size is small like 100$ or 200$. it not better for you to open many positions at the same time. it may you loser. and if you are a new trader, bad effect must come on your mind.
in early stage of anything people use to make many mistakes and the most important that i want to share with you all is that you dont go for large trades and must take care of the greed in any case you should not be driven by you greed this must be avoided
moonlight
2012-06-29, 12:52 PM
I agree with your point. Agr hum zyada positions open kr len gy tu unko manage krna boht mushkil ho jaye ga aur agr capital km ho tu zyada positions ki waja sy account blow b ho skta hy. Ma ny khud kafi account aisy he blow kiye hen laken ab achi trah smajh gya hon k positions km he honi chahye.
omer1
2012-06-29, 12:59 PM
Beginners ko sab se pehle forex ko study or demo pr practice krna chahiye jo k bauhat kam log krte hain or yehi sab se bari failure ki reason hain or jab trading start kren to kam volume ki position open kre or kam se kam positions open kre zada position open kr k account manage krna difficult ho jata hai.
Biddarani
2012-06-29, 01:08 PM
As a new trader, you should not open more thread at a time. It is not suitable and also it is not good idea of a good trader. I think
that.
vijai21
2012-06-29, 01:33 PM
most of the traders depends on only technical analysis.it is advised to beginners if you don't have enough amount in your account, it is better to start with 0.01 lot to avoid greedy for some time.
CemonG
2012-06-29, 01:39 PM
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Opening too many position is really bad idea because market can move one side / other side and we can suffer a loss and loose our funds so its better to trade with some concentration and with discipline then we can be in profit and can make a thousands of dollar of profit through it.
This warning is not only to a novice but for all traders, by opening many position will certainly need more, capital then we shall count before do such a thing. Not preclude the possibility can with many position will give a lot of profit as well.
Those who all are new beginners my suggestion for them is to not to open so many positions while trading here because then you will not be able to handle all the positions here, yes you can do it but do it after wards when you gain some experience here in Forex trading.
pinki je
2012-06-29, 02:57 PM
jab be koi neew log forex join karty hian to aty he market ko dekhy bina trade pe trade lagaty jaty hian jo ke yahan pe bohat he bari galti hia yahan pe humain apni equity apna capital dekhny ke bad h etrades open karni chahye mujh se pe yehi galti hui jis ki waja se apna account loss kia
youssef
2012-06-29, 04:22 PM
Forex trading is very easy to learn. If a newbie trader join the forex market and earn money he become greedy for earn more. He post more traders to earn more. but he loose his money because he didn't control the situation when a trading chart change its trend.
CemonG
2012-06-29, 05:15 PM
Anything like this is often happen for beginners, trader they think so easy capture profits in forex this if use many position and not thought how with force capital. Surely, we should alert to this happening again by all trader. Discipline becomes main capital for traders.
safayet39
2012-06-29, 05:17 PM
Yes always i have a plan B
i am not invest my all money in forex in a time i save 50 % of my money use in plan b
When i loss my all capital and i have no other way to earn .
I am use plan b and i am invest my 50 % of capital again in forex and try to do best trade and make good money.
when i use plan B i am try to take good profit and not go for loss.
taufiqbd
2012-06-29, 05:46 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
You are absolutely right, if a trader open more order at a time then it not maximize his profit maximum time it create more risk. If a trader may success in forex then he must be open single position in a time.
sammy
2012-06-29, 05:47 PM
actually thats true. i mean, you can open more than one trade, but do not open more than one position. never.. you will get more and more confused about what to do when the price will just hang between those two. and also, it is gambling.
miketega3
2012-06-29, 06:14 PM
opening to many position or trade when you dont have enough capital in your trading account will only expose your account to loss if you place the wrong trade and the trend didnt go to your position
sajal
2012-06-29, 06:21 PM
All the beginners are familiar with a very common word mistake.New traders often click on buy or sell by mistake or use big lot size in place of small by mistake.For example 10 lot size in place of 1 or .01.So finally they make a huge loss and make their account zero.The another cause of losing is opening more positions at a time to make a group of profit.They want to get more profit within a short period by opening more positions.When all the positions are in a loss, they loss their whole capital.This is very common figure in Forex market.So my tips is don't open more than 1 position at a time.Concentrate on trading to prevent mistake.
ocean star
2012-06-30, 12:02 AM
if we learn some tool about trade managment than we can easily handleour mistakes because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step to make success in trade market
yasir dhoom
2012-06-30, 12:08 AM
new comer ko chaiye kay wo real account may trading say phele say demo account may practice kre phr real account may practice kre or kam say kam oder place kre.
yes i think , That is right...never ever open many positions at the same time specially if you are using high lot size and your account balance is small. You will only blow up your trading account too early. Just trade one position at a time. That is the wise thing to do.
hehe, an ironic indeed if every day we are always confident in the face of the market in times of loss would be very much regret the loss of our pride, should we leave this as it will only make us lose the eye alone
That is true that we must avoid the mistake of opening too many positions, because if they all lose, then you will also lose all of your money. It is called over trading so it is a wrong way of trading. We must open one trade at a time only so we can focus on our trade.
rafiqrashed
2012-06-30, 12:20 AM
Yes
i think that.
for the beginner i suggest that avoid opening many orders so as to focus only on your trade and never disperse yourself by many trades , this will be helpful and may limit more losses for you at start of your real trading and real business .
mony1
2012-06-30, 12:21 AM
Emotion, emotion and the frequent entry and the opening of a deal in more than one time and not to develop a plan and not to use a good strategy
ahmed awad
2012-06-30, 12:33 AM
I think if we learn some tool about trade managment than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step.
You are right, money management contributes greatly to help the trader to get the profit, the Forex trader must not be Opening too many positions, because it could distract his mind and lead to loss
hakimeshm
2012-06-30, 12:55 AM
if we create training for the beginners and to make their perfect to this trading system, we will to avoid the mistake for beginners no doubt within short time.
grabbani
2012-06-30, 12:59 AM
The mistakes that mos of the beginners do here in Forex trading is they come here for trading without sufficient knowledge and experience and this causes the most loss to them and they get dishearten from the very beginning, that is why they should come here with adequate knowledge and experience.
posil
2012-06-30, 01:21 AM
I presume that most of the new trader in forex market have make common mistake which lead to the loss in trading.so new trader must be avoid this mistake for make profit in trading. for find out dangerous mistake trader can using forex forum.
eliash55
2012-06-30, 01:32 AM
Which trader are would be avoid to mistakes then he can success and also can take a best position,otherwise the trader if could not avoid to mistakes he could not get any success and also could not get any profit and did not take any best position.
aisya
2012-06-30, 02:16 AM
The mistakes that mos of the beginners do here in Forex trading is they come here for trading without sufficient knowledge and experience and this causes the most loss to them and they get dishearten from the very beginning, that is why they should come here with adequate knowledge and experience.
all those who are beginners just learning how could he start forex trading with good knowledge, it is not possible, so that should be prepared for a beginner is the vision of trading at the time he could see himself going to be a successful trader in the future then this will ease in learning to really really and in times of loss will be on going through with a good feeling because it's the lesson was not believed to be much less punishment for obstruction
esporti
2012-06-30, 02:22 AM
yes it's right ,,,my advice for you to never open many position , just be patient and stop being greed because it's the way to loss instead of profiting
fxquest
2012-06-30, 02:28 AM
Over-trading desring to earn more profits faster is not worth and usually results in big losses, there is no reason to enter trade until there are good possibilities of its being winner and thus selective trading will help you have better performing trades.
ceestech
2012-06-30, 03:00 AM
Opening of too many positions to me would only be wrong if the position are placed with currency pairs that would end up in the wrong direction and if his capital is not enough.
rakib20
2012-06-30, 04:39 PM
when a treader work forex he face many mistake. if he avoid the mistake he can easily to get a good profit as he want.
Finix
2012-06-30, 05:03 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
Opening too many positions at single time is a very bad habit..it shows that the trader is taking some random decision and his decision may have flaws..people do it in the beginning of their trading..later they learn how important a trading position is and quit this habit slowly
rookie001
2012-06-30, 05:11 PM
Opening too many positions might be a mistake ... but that comes straight from poor money management. First of all, if you are a beginner or even an expert ... don't trade too many pairs ... even I would say that you should trade only one pair ... master it and it will be enough for you for all your needs. So why spend your brains on additioinal things when it is not required altogether. Second, if you are trading one pair only ... even then no set up could have justified multiple positions ... but if you are compelled to do that ... at least, configure your equity and see how many positions you can allow yourself.
GembeL_FOREX
2012-06-30, 05:46 PM
Opening too many positions might be a mistake ... but that comes straight from poor money management. First of all, if you are a beginner or even an expert ... don't trade too many pairs ... even I would say that you should trade only one pair ... master it and it will be enough for you for all your needs. So why spend your brains on additioinal things when it is not required altogether. Second, if you are trading one pair only ... even then no set up could have justified multiple positions ... but if you are compelled to do that ... at least, configure your equity and see how many positions you can allow yourself.
opening a lot of uncertain position of boss, because if it was done with careful calculation and strategy of such a thing could give you maximum profits. With many of the positions of the movement of each currency will be different, we are open most of the positions in a single currency. This often I do and produce a profit,,,,
farhannasir
2012-06-30, 08:21 PM
I think if we understand some device about business managment than you can manage more roles because when we start more than one place and use more sets for dealing than most of new investors stay fall short to control the dealing. I think we should go comprehensive.
fatema
2012-07-04, 08:52 PM
Mistakes to avoid for beginners / Opening too many positions
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
well,
i think every trader make a common mistake first time that is opening too many positions. trader think its the best way to profit. but when market up or down 300+ pips then he become loss. so its better to avoid to opening to many position.
skboyra
2012-07-04, 09:15 PM
for the beginners of the forex market they should practice in the market minimum one year just they will observe the movement of the market. what techniques more give advantage to the forex trader so at the first time they should avoid the too many positions.
isbhacker
2012-07-04, 09:45 PM
Multiple position opening are due to greed of human and we always have greed and when we use high leverage in market we have more margin and we become more greedy.
Autitt
2012-07-04, 09:46 PM
In the initial stages most people do the mistake of taking risks with big amount of money without knowing everything and just trading blindly based on their luck. this should be avoided. no one should take risk without knowing about forex trading system properly.
kakuly
2012-07-04, 09:58 PM
Mistakes to avoid for beginners / Opening too many positions
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
every trader mistake, its few or more. but new trader have a common mistake that they too many positions. they think it give him big profit, but its not clear that hoe to they think it. but for a long time he feel it that was a mistake. and if he is a good trader he avoid it.
Over-trading desring to earn more profits faster is not worth and usually results in big losses, there is no reason to enter trade until there are good possibilities of its being winner and thus selective trading will help you have better performing trades.
nabila
2012-07-13, 12:37 PM
Pilots inclination it conflict "sack helmet." This is a place where too some things are event around you, preventing you to act properly and creating a status of profound prosody. In the cockpit of a airplane, you can die - as a Forex trader, you are definitely exploit to die but you'll end up on the tube. Never unlawful many positions than necessary, otherwise you leave not be competent to respond aright.
ghanchifarhan
2012-07-13, 12:38 PM
We all know that leverage is able to magnify traders profits if it is used in winning trades. Leverage also provides chances to traders who do not have enough funds to trade with a big amount of money. But traders should notice the flip side of leverage; it can magnify the losses as well if used in losing trades. So in order not to use too much leverage, forex beginners should know how much they can afford to lose and how much they are able to invest in currency trading, with which in mind, traders are more likely to be cautious in using leverage.
nabila
2012-07-13, 12:42 PM
Pilots exact it combat "dismiss helmet." This is a place where too umteen things are event around you, preventing you to respond properly and creating a state of immoderate say. In the cockpit of a airplane, you can die - as a Forex bargainer, you are definitely deed to die but you'll end up on the distribute. Never ingenuous much positions than needful, otherwise you faculty not be able to move correctly.
mcceducation
2012-07-13, 02:16 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
all Trader are mistake, its more and some. but maximum new Trader have a common mistake that they too abounding positions. they anticipate it accord him big profit, but its not bright that hoe to they anticipate it. but for a continued time he feel it that was a mistakr. and if he is a acceptable Trader he abstain it.
oscar
2012-07-13, 02:22 PM
bad habits are too many beginner traders to open positions because of their inability to control emotions and always apply revenge to forex market ..
they ignore money management, so it often gets a margin call for doing this
sharabela
2012-07-13, 02:26 PM
I used to make that mistakes with my demo account at the beginning. I used to open too many openings with different pairs and often I used to lose my demo account. What I believe one pair is more than enough and one does to have to do too many trade every day. 4/5 trades in a week should be more than enough.
xomes
2012-07-13, 02:30 PM
Everyone can make mistake but learn is a must to fix it, you can start Forex trading working in demo account. Demo is the right mentor for new trader and this forum is also a good platform for new trader. You can get huge experience from demo and this forum in order to get good result from Forex.
muhammadusmankhan
2012-07-13, 05:08 PM
people learn from there mistakes and i have also learned this after lost all my $50 yesterday having 5 open positions at the same time and have all the 5 trades on buy and lost my small capital in no time so i learned that never open many positions at the same time it is a mistake.
Start with small account, trade mini lots and learn the game with real money. There is no glory in being a demo billionaire.Learn how to read the trade settlement report. That's it. Once you are familiar with the mechanics of the platform there is no more need for a demo.
jahan aur bohat sari cheezain beginners ko nahin karni chayen wahan aik yeh bi hai k aap apni trades minimum rakhain jab aap plan kar rahey hotey hai aur maximum 2 sey zyada trade na lagain is sey aap ko apna account manage karney main kafi faida ho ga
cozard007
2012-07-24, 10:41 PM
It is very evident in the market to be at the edge of the trades by trading in the disciplined manner, Plan your trades and trade your plan, this is just the road to success.
gulab
2012-07-25, 12:17 AM
you have pointed out a very serious problem of newbie and when they see that the market is going in opposite of them they open opposite trade and hence loose all they have in their accounts.
saviour196
2012-07-25, 07:58 AM
yeah you are right many new traders comit this type of mistakes and in return they face loss so these type of mistakes should not be repeated to avoid loss.
biku23
2012-07-25, 09:06 AM
it is not right to buy too many position. so be careful to reduce loss. if you don't buy too many positions, it is ok you can reduce loss. because too many position means you can't handle all position. it results no profits.
SAEED
2012-07-25, 12:55 PM
This is a habit of newbie that opening too many positions.This mistakes could bring a critical situation to trader.Be patience for market moves.Don't over trade.
rajdave21
2012-07-25, 01:07 PM
Actually, the problem for a newbie is greedy. They think if they opened a lot of positions, then the profit gained much greater..but they have to control their emotions to be successful in forex..thanks..
tonmoy
2012-07-25, 01:52 PM
Everyone can accomplish aberration but apprentice is a have to to fix it, you can alpha Forex trading alive in audience account. Audience is the appropriate coach for new banker and this appointment is aswell a acceptable belvedere for new trader. You can get huge acquaintance from audience and this appointment in adjustment to get acceptable aftereffect from Forex.
jab bi koi new trader is business main aata hai tu us ka aim hota hai k wo bas kuch hi dinoon main itna profit bana ley k kahin yeh na hoo is business sey use ko profit bananey main dair ho jaey aur yeh business khatam ho jaey aap agr sakoon k sath trade karen gey tu aap ko is sey faida ho ga
jennilyn
2012-07-25, 04:12 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
Yup. When there are so many things going, we get tensed and distracted, and we get eaten. Traders, especially new traders should focus to at least single or 2 positions at a time to reduce loss. :)
fantasyman
2012-07-25, 04:18 PM
I try to think when we pick up a little software with regards to exchange managment when compared with we tend to may protect other ranking as after we amenable multiple career and as well as add again sets intended for selling unlike what some of young retailer sit neglect to regulate some selling. I envision we tend to would head one by one
wahidaaa
2012-07-25, 04:38 PM
This is very true and the most of new traders like me when see that one of there position is not giving them profit they start the another and so on,not realizing the overall trend and this way we get more and more losses and often we get the margin calls.so if we want to stay in the market for longer time then it is very necessary for us to open one trade at one time and complete the result of that and then we can go for other trades.
fnf2020
2012-07-25, 04:44 PM
I believe if we find some application on sale management as compared to we tend to can also deal with other openings simply.because when we start a variety of position and even manage more sets regarding trading as compared to all new brokers keep don't take care of both the sale. I believe we would come step by step.
forexwallet
2012-07-25, 05:11 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
g han forex trading market me kabhi be ye nahi karna chaie ke ap at a time bohot zayada positions open kar den kyun ke agar aesa kiya jaye to un positions ko manage karna bohot mushkil ho jata hai
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
I think it's too dangerous for a beginner trader beginning accession of several positions because like you said it can not specify exactly where he is. So for me it has to go step by step and follow the rules to get what he want and get a good profit.
thearrival
2012-07-25, 09:29 PM
yes ofcours u have reason but in soe time brother we learn from mistakes without mistakes we can t incrase in life at 1st we need to put al focus in 2 or 3 positions no more
and after we see what happen and get better in it
mokas
2012-07-25, 09:50 PM
i can advice beginners to have a strong knowledge about forexn keep learning and practice in demo account before start trading in real account and don't forget to control your emotions
student
2012-07-25, 10:20 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
and for it, they should to know what is the best action for their trading, they have to know how much the risk will be accepted
but if they are sure for it, so there is no problem but if they just bet and bet...here is big problem
so what do you think about your trading? did you focus to one pair or ever try to put orders at many pairs ?and if yes, i think you have your own reasons for it
do the best we can
iqubal13
2012-07-25, 10:24 PM
Beginners careful in his trading and first invest to make a position and increase his confidence to enter the world trading arena. To beginners keep 1st step in trading arena will be win. but, All is well end is well.
abdulahi
2012-07-26, 02:00 AM
mistake to avoid for beginner/opening too many positions,i don"t think is good ways to opening too many positions be good aider,
forex trader you have to have trading plan as where to be confidence
nahial
2012-07-26, 02:05 AM
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.
irfanchauday
2012-07-26, 02:19 AM
yeh post baari achi han usually newbie greed ke chakaro mein a kar bohat ziada positions open kar leta han mgr unhy nuksaan hi hota han newbie trader ko chaye ko vo is sy avoid karey aur apni mistakes sy afsos karna ki bajye kch seekha.
pecel1
2012-07-26, 03:58 AM
Your opinion is true
which often cause beginners to Margin Call open position due to too much of this lack of understanding of trading, a novice should do the study first before doing real trading, in a real trading psychology and emotion we're playing and one day would be disrupted by a floating position and this is causing us too many open positions and ultimately loss
romannil
2012-07-27, 09:27 PM
the beginners they don't make any strategy for trading. some time they open many position to recover the loss, but it takes them into big loss.so don't do this mistakes another time.try to learn from any mistakes,thus you learn forex.
mohosin
2012-07-27, 10:04 PM
If any beginners make mistakes for trading in forex he can lost money so avoid the mistakes is very important for beginners in forex trading.
adedayo
2012-07-27, 10:06 PM
for me i don't think that it is that appropriate to always open many position when you are trading, their are some traders that would open more than five position at a time just because of greediness
dearmizan2012
2012-07-28, 02:19 PM
I imagine when we receive a few program regarding trade managment as compared to we can easily manage additional pose due to the fact .when we wide open a variety of role and also control additional sets regarding sale as compared to most of brand-new traders continue to be do not cope with your sale. I feel we tend to would go walk by walk.
Adnan
2012-07-30, 04:42 AM
there are too many mistakes that beginners do in the start but i will tell you one mistake and other will then be corrected with time. newbies should not be bighearted if they loose money and they should continue there trading and should not think about the lose...
fxsilo
2012-07-30, 05:16 AM
over trading and greed are two faces of one coin, both of them give the same result "big loss up to margin call"
and both of them are mistake for the newbies only, they open many positions either on the same pair or in many pairs
yes i think also it happen only in newbies trader because they still beginner and dont have enough knowledge also experience.
maybe all trader also has fell this problem when as a newbie
samuelkanu
2012-07-30, 05:59 AM
There are so many mistakes made by so many traders both newbies and pros which include opening too many positions, over leveraging,trading against the trend with the belief that it will go that way,not having stop loss,not doing fundamental and technical analysis e.t.c
sazzad
2012-07-30, 11:48 AM
Yes , i agree with your opinion i also think that opening too many position is very dangerous thing in the Forex market because that time trader can lose their all account balance within short time for this reason i think every trader should open one or two position at a time not more then.
mr forex
2012-07-30, 11:50 AM
if we want to success in forex so we have decline mistkae if we do not it so we never come out in ouer successful life
so we have to find out which mistka e we can do all tile we have to select it.
fahadtoforextrade001
2012-07-30, 12:14 PM
It is the right ... The location is not open at the same time, especially if you have a lot of size, height and use of your account balance is small. You just go to your trading account will be soon. Only one business at a location. According to this thing.
sweetrevenge88
2012-08-10, 12:43 PM
Opening too many positions is not a good idea at all. Specially if you only have small capital and your analysis is not accurate,you will be gambling this way that could only lead to more loses in your trading. Open one position at a time so that you can focus on it and make right decisions during the time your trade is on critical situation. Too many positions to think about will only make things worst.
rana157
2012-08-10, 12:46 PM
multiple positions made always loss.we have to make only one or two positions and stay on them untill they close.then use another positions and make a profit
carter h
2012-08-16, 09:23 AM
obviously the psychological condition ( thinking of the the shortest way to be rich ) of the beginner trader makes him or her to concentrate on one side of trading which gaining money and on other hand forgets the losing money side which also important and deserve to think of .
featurelion
2012-08-16, 09:42 AM
bhai ziada positions kholna over trading hey or over trading sey her trader ko bechna chahiye or yeh jab feeling aaty hey jab insaan mein lalch aa jaty hey to hum ko control kerna chahiye
Nasim
2012-08-16, 10:39 AM
The price of different currency pairs, commodities, metals, etc fluctuates at different quantities and speed. The newbies are not very much familiar with these fluctuations, as a result, they open a lot of trades in different currency pairs. The more they open trades, the more they make mistakes to open and close trades.
insta1988
2012-08-16, 11:40 AM
hmm beginners ko sab say pehly chahiye k wo demo ko ziada say ziada use krain to jab bhi trade krain kisi say mashwara kar k krain khud say trade karny say parhaiz krain warna loss bhi ho sakta hai or aik time main aik hi trade krain
hassaan
2012-08-18, 08:01 PM
I think a beginner should not open too many positions because as you are new you don't know a lot about operating too many positions and you have to face a loss because it is not very easy to make profitable trades with too many positions.
sofeenevu
2012-08-18, 09:20 PM
The main three factors which may cause the failure to the beginners, are greed, emotion and over confidence. When a beginner can avoid these three i think at that time the number of losing orders will be lower than profit orders
Cowboy
2012-08-18, 09:24 PM
yes we are very wrong traders when we open many positions for making huge profit.we also know that forex trade is a very risky way.so if we open our trade in a wrong way then many position may bring many lose for us.
akshay1728
2012-08-18, 09:33 PM
yes many traders repeat theior mistake of opening too many position and because of this they failed to maintain all the position and loose their concentration which lead to loss
sammy
2012-08-18, 10:25 PM
actually you can open multiple trades at one go but that has to be of same volume and opposite to each other so that you can nullify each other. the trick is closing them and you have be a bit lucky and really careful to be profitted by this.
sujan
2012-08-18, 11:19 PM
I think if we learned a trade management tool than you can handle easily, because when more than one position open on the location and number of pairs that are used by most new entrants to the trade or not. I think we will go step by step.
lamington
2012-08-20, 01:25 PM
Opening too many position is really bad idea because market can move one side / other side and we can suffer a loss and loose our funds so its better to trade with some concentration and with discipline then we can be in profit and can make a thousands of dollar of profit through it.
hpanoo
2012-08-20, 02:44 PM
yes this is true. this was the reason for my losses at several times. i was unable to concentrate on all of the positions at the same time and due to that i lost my entire account. this happens if you do not have good control over emotions. we should realize our abilities before entering into the market.
boniez
2012-08-20, 03:52 PM
okay we use a lot of open positions as long as we have to use a lot yag reasonable size if it is not reasonable where it's useless and unable to form a splendor within us where it is possible.
pynetfx
2012-08-25, 11:26 AM
When i enter first in the forex market, i do many mistakes such as using big lot size, opening too many orders that is called over trading. Now i feel that over trading is the main reason of my failure in forex trading.If we make this mistakes we can not recover our lossess.
manmade45
2012-08-26, 01:26 PM
Opening too many positions actually increases the risk in trading and creates confusion .I think this kind of mistake is not done by the newbies only but also by the experience traders .That's why we should always open less trading orders according to the market situations.
mariyadaif
2012-08-26, 02:11 PM
well, this may have some harmful for the beginner and maybe not, because i think if you know what you are doing i think you can enter with a many position and make them all in profit, like the scalping strategy you need to enter with many position in one day but you can success with it
yea this is the biggest mistake which is doing by many of the newbies and they open more and more positions in market for the sake of getting more and more money but this thing will make them in panic and they will lose more money
hitcola
2012-08-27, 09:09 PM
that is up to you, if you want to open too many decisions then you are not using any money management
you are the best one that can decide what is the best money management . Think about the amount of loss that you accept to lose on a trade. If the maximum acceptable loss is 3% of the account. Go with that as your money management.
napkin
2012-08-27, 10:05 PM
I consider the definition of greedy for every somebody is several, I associate for a pro merchant, they faculty bonk benefit of all the opportunities that subsist when it is practicable to multiply the profit he could get
yogadavid
2012-08-27, 10:24 PM
The most common mistake by beginners may not know they exist Yanga predictions. or they do not have a proven method. and possibly also the capital he had too little
yahoo21
2012-08-27, 11:26 PM
my friend you are totally right ,, we should never ever open more positions than required,,, because we will definitly end up with huge loss ,,,,because we might loose some or even all of our money in the forex market ...and as we all know forex market is very risky and it is also not suitable for every person my friend ,, and as you said we have to be very careful...
hamza12
2012-08-28, 02:34 AM
well.... i think that there are always mistakes that have been done by all the individuals or members of forex and i also think that in forex we just have to control our emotions to get success and this is for both either newbie or senior member....
nayan62
2012-08-28, 05:30 PM
In forex trading, mistakes will be your close friend.In other wards a trader can never avoid the whole mistake in his trading.After taking proper training and proper guidence from expert trader, a mistake in a frex trading can be minimised. So it is the essential duty for beginners to take proper training before going to real trade. It is brtter to keep small position open during forex trading as keeping one or two positions open in trde, you can concentrate your mind in perfect trade as well as you can manage your financial position.
wazid201118
2012-08-28, 08:28 PM
I think beginner can trade in forex well with few positions only.They can make profit from trade huge if they use only a few position in their trades.I know that huge position needs huge ******* and volume also to make profit.
mike_john
2012-08-29, 12:42 AM
Its a big mistake to open several positions at the same time.. Suppose you have small and little in your account and you open the positions or account with high lot, then it can be a problem for you...
Md. Mosharaf hossain
2012-08-29, 01:05 AM
Opening multiple position at a time is really harmful. To avoid this we should maintain the money management. If we make too much orders at a time then it may be difficult for us to to take the correct decission in proper time. While trading all the trader should be patient and quite. If we can trade with a proper planing then it will be really profitable for us.
challenger ab
2012-08-29, 01:09 AM
opening many position in same time very danger because it make the risks very high and attack our account and make our margin decreasing so we must not make this to save our ******* and success in money management because we cannot survive in the market without controlling our ******* with managing it
natasha
2012-08-30, 04:58 PM
there are so many mistakes made by the beginners and i think the most common one is opening to many positions and i exposes them to a very higher risk and we should be avoiding this thing if we want to survive in forex for a long time
annura
2012-08-31, 06:58 AM
It is dangerous for newcomers to trade at multiple poisitions at identical time as a result of they dont have the expertise of the market.
Firstly a beginner should begin wilth lowest capital and should observe the market's behaviour. He should perceive the position of the market and use his brain to manage the profit loss scenario. once obtaining some expertise he will play at quite one place at a time.
Lalit
2012-09-15, 11:03 AM
the new investor must be a bit aware of the market, of which company is on a high and a company on a low. this will give him an idea of where to invest in. this will make sure that the investor doesnt invest in the risky areas. Plus he must first practice on the dummy software to be sure what he is doing in the real time investment.
nayan62
2012-09-15, 01:22 PM
Too many open positions is harmful for the traders in forex trading specially for new comers.It is very hard to maintain proper money management and it is very hard to keep patient with too many positions.Before gathering sound knowledge and expertise, it is dangerous to trade with more than 3/4 open orders.When a trader is full of confident with trading, he should go to trade with many positions open with large capital.Otherwise it will be high risk in trading.
Isafan87
2012-09-18, 09:16 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
Wow, really interesting post dude, got to know the term of pilot. I also do like fighter jet so much. Back to the topic, opening too many positions also might wipe entirely of our capital in our account. Opening many trade is OK as long as we didn't go far beyond what we can't afford. Make money management, with that way we know the maximum lots we can trade. Good luck all.
suneetha
2012-09-19, 04:55 AM
Remove distractions and focus. Don't allow other new products/methods/services get in the way of your original path. Expand upon what you have built later after you have achieved your initial goals. Too many products, not enough action... learned from it - moving on. Always put an standard and opt for quality often.
benteng
2012-09-20, 09:21 AM
A while back I received an e-mail from a very nice and earnest former student. He wrote:
I was always taught and was repeatedly told that when it comes to a break of support or resistance, the confirmation of such a break is a clean break followed by price exceeding the close of the breaking candle.
Redcandle
2012-09-20, 12:09 PM
Opening many postions is a thing that traders to to avoid. yes, you are righ. When traders do this, they must face to more risk in one time they trade. More over, their free magin is less, it can eat their captal very fast if market in opposite trend. They can lose and hard to make return.
bilal12
2012-09-21, 11:09 PM
i think if you are starter then keep one thing in your mind tat always show concentration on the forex trading on your planning on your strategies and do not lose you concentration do not think about the other thing which are occurring with you
mnfakhar
2012-09-21, 11:35 PM
During beginning many mistakes occur and humans nature is that he always learn from mistake....but a useful tip for them is that they must adopt 2 to 3 positions at a time and when they are good in this they can adopt many other as well...its only depend upon your hard word
arinda
2012-09-21, 11:36 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
Greediness no doubt create a huge problem for the trader but this is also true that greediness can make us rich
anyways , we have to be the disciline into the Forex and in order to be the discipline trader we need to have the trading to whom we can follow into the trades
patotcho
2012-09-21, 11:45 PM
--I think if we learn some tool about trade managment than we can easily handle
more positions because when we open more than one position and use more
pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step.[COLOR="Silver"]
goldenmember
2012-09-22, 12:54 AM
The problem with too many trades is that they all take up margin. They all take up your account and you cannot pay attention to them. If they all go wrong then you can lose a lot of your account. I think that maximum you should have 1-2 trades at the same time even if you see another trade you should wait until those have finished.
atiqrehman
2012-09-22, 12:59 AM
many mistake made by beginner like large position open greed and also make desc ion without market situation and in hurry lose their investments .better way to control these mistakes are trade with low capital and lot size and practice more and more
naijafxpips
2012-09-22, 02:29 AM
For opening too many positions is not even a hard mistake. Because i can open many micro lots, as long as it doesn't go beyond my normal lot that is suitable with my trading margin. I trade in multiple pairs, so i open many positions. But i will always consider my margin. So the mistake most newbies do is lack of margin management.
goodprofit85
2012-09-24, 08:22 AM
I think trader can't ever avoid full mistake within his Forex trading. Following taking appropriate instruction and also appropriate guidence from professional trader, an error in judgment in the frex buying and selling may be minimized. It's the same the primary work for starters to look at appropriate instruction before you go to real trade in Forex.
10pips
2012-09-27, 12:53 PM
oepning too many of the position when the trader is make the trading on the forex that can being the big problem for them , because if thea yre opening too many of the position will make them some time over lot or being over trade on make the trading on teh foerx business too
forexdon
2012-09-27, 10:52 PM
don't be stress your self because it is a type of disadvantages and non beneficial for you it never gives you any type of advantage put the trade after the analysis of the market and then after analysis put your correct trade never do it before put always after the analysis
pbelim
2012-09-27, 11:14 PM
we can not control our emotion, sentimental And not understand clearly risk analysis and money management. They open trade more that's why we can not proper handle their opening trade. we go to losses. So, I suggest for new comer that we should open more trade.
amit87757
2012-09-27, 11:26 PM
A very important point for a beginner not to place so many orders. Lots of order placing more stress and tension. More and more orders simply means more and more loss, so avoid these mistakes. Often we fail to read the trend and place a wrong entry and to cover this we place so many orders which is so much risky, every new trader must avoid it.
shakil7142
2012-09-27, 11:53 PM
Mistakes should be avoided for begginer in forex trading.They should not opening many trade in forex.Most of the new forex trader start their forex trading very few amount.Most of the time they are loser.
monsterzz
2012-09-28, 12:24 AM
sometimes we do often make the fatal mistake but we never realized, that we open a position too much and uses lots that are too excessive. We often hedged in the hope we will be able to generate profits faster than the previous target.
kaiben
2012-10-09, 07:00 PM
I think if we learn some tool about trade management.Than we can not fill hard handle more positions
tuntuni
2012-10-09, 07:22 PM
My review says that It is unsafe for newcomers to trade at threefold poisitions at the identical measure because they dont individual the undergo of the market. Foremost a initiate moldiness act wilth worst capital and moldiness remark the market's action. He staleness believe the point of the market and use his brainpower to criterion the profit loss condition. After effort any receive he can wit at statesman than one base at a example.
boniez
2012-10-09, 07:40 PM
i realized about the mistake that probably happend to a newcomer and when they see that the market is going in opposite of them they open opposite trade and hence loose all they have in their accounts.
roopesh11
2012-10-09, 07:49 PM
Yes it is very risky that we should not make entry of more than one position. Because in every position there is a some amount of risk. So how much position we take our risk increases. So we should aware of the market and take limited position in out trading.
shanawaj
2012-10-09, 10:01 PM
multiple position open karna behad harmful hai aur hamain 1 ya 2 se jyada positions open nahin karni chahiye jab tak ki use close na kar dain , isse losses badhte hain aur closing main bahut loss hota hai agar price direction change ho gaya to margin call bhi sambhav ho sakta ha best of luck..........
md mofizur rahman
2012-10-09, 10:08 PM
As a new do not open many trades, It will be cause of loss. ****ually to increase the trade but few trade will best for always. With trades it possible to follow the every trade carefully.
ali163
2012-10-09, 10:58 PM
mistake to mistake hote ha chaya wo newbie mistake karna ya ap beginners mistake kanrana mistake hote ha or trading main mistake ka matlab ha ka ap na obht sara loss earned ka es laya main ap ko ya kahta hoon ka tradign akro lakin apna emotion ko control karo or boht sara profit earned karo,
elkhawaga
2012-10-09, 11:04 PM
I know very important advice should I say for beginners I work at Forex Yes, but avoid times of volatility, as well as at the opening of the market, as well as the first day and the last day of the market and get yourself in the content
And right you are using lot size especially in open positions, account balance never so many at the same time your account will also blow soon. just a place to do business. it is wise to.
shanawaj
2012-10-21, 06:11 PM
multiple position open karna behad harmful hai aur hamain 1 ya 2 se jyada positions open nahin karni chahiye jab tak ki use close na kar dain , isse losses badhte hain aur closing main bahut loss hota hai agar price direction change ho gaya to margin call bhi sambhav ho sakta hai .thanks..........
rubel3
2012-10-23, 02:18 PM
multiple position open karna behad harmful hai aur hamain 1 ya 2 se jyada positions open nahin karni chahiye jab tak ki use close na kar dain , isse losses badhte hain aur closing main bahut loss hota hai agar price direction change ho gaya to margin call bhi sambhav ho sakta hai .best of luck..........
mkape
2012-10-23, 02:42 PM
We need to know the limit that we in terms of knowledge, and what the account (capital) can handle,opening too many positions may undermine the safe margin to sustain the positions,this means going against money management rules,we need good experience to also be able to manage this positions,less positions=less stress and better position handling
sarwina90
2012-10-23, 02:44 PM
open trading positions were too many indeed are the most common mistakes made by traders. not only new traders who have this problem, an experienced trader was sometimes still have a problem with this issue.
hazem.hassan
2012-10-23, 03:41 PM
multiple position open karna behad harmful hai aur hamain 1 ya 2 se jyada positions open nahin karni chahiye jab tak ki use close na kar dain , isse losses badhte hain aur closing main bahut loss hota hai agar price direction change ho gaya to margin call bhi sambhav ho sakta hai .
yahoo21
2012-10-23, 05:28 PM
open too much positions is a mistake that i have personally repeated so many times . and am regretting that i have done this .but in the coming future i will not repeat this mistake ever again ,. but the forex market is too risky ,and that is why we have to be very careful when we deal with this very huge and also very risky market ,
traderpk
2012-10-23, 05:34 PM
I think many beginners makes many mistakes like they want huge profit so they open big order at a time which can lead to loss and secondly , they won't take it serious most of the time they open many orders which is not good for their account with small capital that's are the reasons why they fail...
WajeehBJ
2012-10-23, 05:34 PM
I think one fo the most recurring mistake that i would like to mention here which should be avoided is that you should never let your emotions dominate you under any circumstances. if you do let them dominate you, then you are going to be in huge trouble. so always make sure that your emotions are not .letting you go astray.
salmang
2012-10-23, 05:43 PM
mistake to mistake hote ha chaya wo newbie mistake karna ya ap beginners mistake kanrana mistake hote ha or trading main mistake ka matlab ha ka ap na obht sara loss earned ka es laya main ap ko ya kahta hoon ka tradign akro lakin apna emotion ko control karo or boht sara profit earned karo,
yes bhi main ap ki baat ko manta hona aur yaken karta hon lakin mjy jo lagat hy wo b such hy k galti agr ap trade main karo gye to ap ko loss he hoga profit nai hoga is leya galti mat karo
omarmessi100
2012-10-23, 06:08 PM
When new comer comes to trade of forex. They can not control their emotion, sentimental And not understand clearly risk analysis and money management. They open trade more that`s why they can not proper handle their opening trade. They go to losses. So, I suggest for new comer that you should open more trade. You control yourself and try to know clear details.
Discordance
2012-10-23, 06:15 PM
,i don"t think is good ways to opening too many positions be good aider,
forex trader you have to have trading plan as where to be confidence If you predict you are simply hoping and guessing and that won't get you far in currency trading or life
tom11
2012-10-27, 06:32 PM
This is the thing that I have learned so far that we should never open too many positions at a time which creates problems for the traders at later stage and end result is only loss. So we should open as much positions as we can handle and we can afford. We should just concentrate on 2-3 or maximum 5 positions at a time.good luck................
That is right...never ever open many positions at the same time specially if you are using high lot size and your account balance is small. You will only blow up your trading account too early. Just trade one position at a time. That is the wise thing to do.
it is so true! i agree with you. with this strategy, we could avoid many causes. such as volatile market. we can hold on to the positions if we still think it is valid.
the reason behind this is to prevent from loses.
imrulhira
2012-10-27, 10:57 PM
I think if we learn some tool about trade managment than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step.
The client might discuss regarding the best time of withdrawal of profit with the account manager, but some trading systems insist that the funds should be withdrawn at certain point of time in a day or in a week.
matin6767
2012-10-27, 11:21 PM
I believe that when we explore a number of mechanism concerning franchise managment along with we tend to can also treat additional openings when you consider that when we finally start a variety of place and after that choose other sets on sale instead of majority of the latest brokers being fail easily to manipulate in an sale. I ponder we tend to would travel to one by one.
We use the most new traders and one or more positions to maintain a failure to trade other pairs, we can easily handle open for business and we have a few more posts about business management tools think learning. I think we should go step by step.
Chaudhry
2012-10-28, 01:05 AM
Mis takes to her admi kerta hay or koi bi jan booj ker mistake nahi kerta mistakes ho jati hay is mein newbies ka ya kisi bi expert ka koi amal dakhal nahi hota bus itna hona chaye kay ap bar barmistaks na kero to ap kamyab ho saktay ho forex tradingmein .
atjashim
2012-10-28, 03:55 PM
i consent with the claims that those investors who like to start more and more roles in currency trading are dropping the cash and they do not have the excellent way to get some excellent and fast cash from currency trading.
greenpip
2012-10-28, 04:51 PM
That is right never ever open many roles simultaneously exclusively if you are using high lot size and your balance is small. You will only strike up your trading consideration too early. Just business one position at once. That is the sensible thing to do.
muddassir
2012-10-28, 04:53 PM
مجھے لگتا ہے کہ اگر ہم تجارت managment سے ہم زیادہ عہدوں کو آسانی سے سنبھال سکتا ہوں کے بارے میں کچھ آلہ کیونکہ جب تم میں سے کسی ایک کو ہم نے ایک سے زیادہ پوزیشن کو کھولنے اور نئے تاجروں کی سب سے زیادہ سے ٹریڈنگ کے لئے زیادہ جوڑوں کا استعمال رہتے ہیں ٹریڈنگ کو منظم کرنے میں ناکام سیکھ. مجھے لگتا ہے کہ ہم قدم بہ قدم جانا چاہیئے.
Jessihaughton
2012-10-28, 05:01 PM
All mistakes are happening for the beginner. All the beginner can make a mistake when trading but it should be removed. Because this basics problem can hamper our balance.
mohibbaba
2012-10-28, 06:49 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
insan khata ka putla hai insan ghalti kr kay seekhta hai ghalti krne se dobra insan se wahein ghalti sarzad nahi hoti newbie sab se pehle loss kare ga phir ja kay wo profit earn kare ga
roberto110
2012-10-28, 07:34 PM
I think if we understand some device about business managment than you can manage more roles because when we start more than one place and use more couples for dealing than most of new investors stay fall short to deal with the dealing. I think we should go comprehensive.
yes, we should be able to understand some of the devices used, and what if we are compatible with the device, then we can be calm and happy, because to make a profit will also take more easy, than that we should be smart to choose a good device.
rabia2021
2012-10-28, 08:16 PM
yes of course these are some common mistakes every done in the forex market and we have suffer loss in the forex market due to these mistakes if we do not want to suffer loss in the forex market then we need to control on these mistakes and need to done hard work to win here money.
halk500
2012-10-29, 03:15 AM
forex trading main ko be mistake ke gangahs nhi hote ah agr ap senior hoon ya newbie hon agr tradign main mistake kaoro ga to ap es main bht sara loss earned kar skata hoo es laya tradign karo lakin es main mistake na karoo.good luck.................
shaima
2012-10-29, 04:32 AM
I agree with you one of the most important mistakes in which novice trader fall in the forex market ..Open more than one position at the same time ..This leads to a dispersion concentration trader, and certainly to the loss .. good trader must be open only one position
boniez
2012-10-29, 07:28 AM
we can easily manage additional pose due to the fact .when we wide open a variety of role and also control additional sets regarding sale as compared to most of brand-new traders continue to be do not cope with your sale.
sagor2012
2012-10-29, 07:31 AM
I consider provided that we study some apparatus exchange managment than we can effortlessly handle a greater number of positions on account of when we open more than one position and utilize a bigger number of sets for changing than the majority of revamped traders remain cannot maintain the changing. I think we might as well go one step at a time.
Alexander Alexander
2012-10-29, 07:36 AM
if we learn some tool about trade managment than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading.
with the more and more position in the forex market we will not survive in the market because most of the chance are that you will lose the share from the market without getting the good and easy money from the market.
mizishab
2012-10-29, 10:43 AM
over dealing and avarice are two encounters of one money, both of them provide the same outcome "big reduction up to edge call" and both of them are error for the beginners only, they start many roles either on the same couple or in many pairs.
ObaFX
2012-10-29, 11:25 AM
opening too many position is a very bad tin for both new traders and experts in the forex market except when it is done in accordance to a very good money management principle which new trades rarely know about.
for pips
2012-10-29, 11:28 AM
Forex trading main contains mistake ke gangahs nhi hote ah agr ap senior hoon ya newbie hon agr tradign main mistake kaoro ga to ap es main bht sara loss earned kar skata hoo es laya tradign karo lakin es main mistake.
sharifhasan
2012-10-29, 12:49 PM
Mistakes to avoid for beginners / Opening too many positions
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
Open more position will be more profit or more lose.If you opening more positions many currency not will be good analysis you.I think more positions only need fundamental news time.or others time you open many positions you not good take profit.It,s not mention need,you are doing not good analyst.You want early profit and lose all them.
Chow.ash
2012-10-29, 12:51 PM
it is good thinking.I think if we learn some tool about trade managment than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step.
ku_lock
2012-10-29, 01:09 PM
yeah right, managing the forex trading is indeed very important, because it's the management that will determine how we are to use our money to trade. so we are getting better at using the management, it will make us even more precise in using our money. so it will not suffer excessive losses in trading. it will make us more able to survive in the forex business is fine.
enter
2012-10-29, 01:35 PM
make too many position but still can use the good money managmenet on their trading, so it is not become the bad thing for the trader , but if they are open many position and use the bad money management so that will become the big disaster to their account because mean they are over trade
What we do most new traders use and one or more positions opening inability to maintain trade other pairs to trade, so that we can easily handle more posts than we think about trade management to learn some tools. I think we should go step by step.
Opening too many positions in trading will meet to your failure in this business.. This is a mistake to avoid at no cost, either you lose a trade or winning many positions, you should never overtrade as it will bring your emotional psychology into action.. You will fail when your positions are opened as you will exit with loss.. Never over trade the forex market and never be over confident with your strategy.. A beginner should know that his biggest enemy in the business is himself..
dennyandre
2012-10-29, 03:32 PM
It's hard to admit mistakes OP
yups, we often force ourselves stubborn. you try to learn about the articles I admit your mistake and apologize can hopefully give enlightenment. Fear and hit MC or Loss account should make you linger in front of the computer. It is unfortunate that once your time is wasted useless. And the end result is that you always regret it. Because CutLoss or as MC. any profit or even when you're still complaining, "duh, why sich was really not close profit. when my TP already here. If I had not been close, definitely profit much ".
Well, this is the nature of a trader. MC, Loss, Profit is always complaining. Nope no gratitude.
sobjanta
2012-10-29, 03:33 PM
As far i experienced i advise to avoid entry galore orders so as to adjust exclusive on your trade and never dispel yourself by umteen trades , this leave be utile and may limitation much losses for you at line of your sincere trading .
trader911
2012-10-29, 03:45 PM
open many positions when trading activity is an action that causes loss of their money. I suggest in trading activity in order to open a position no more than two positions is useful to provide enough resistance for your equity.
johntra
2012-10-29, 06:10 PM
Mistakes are often made is actually the fault of carelessness yourself. so, it is good we can be honest with yourself if you make a mistake it must be admitted honestly. thing that often happens to every trader and is usually due to not using a stop loss trailing stop or to keep the profit that has been earned.
adikutta
2012-10-29, 06:12 PM
with the more and more position
in the forex market we will not
survive in the market because
most of the chance are that you
will lose the share from the
market without getting the good
and easy money from the
market.
When traders open many position in different currency pairs ,they are fail to manage. They are using a big portion o their capital in trading. In this way they can loose much capital. they can not pay attention to each trade equally ,become confused and face disturbance in trading.
roberto110
2012-10-29, 06:27 PM
open many positions when trading activity is an action that causes loss of their money. I suggest in trading activity in order to open a position no more than two positions is useful to provide enough resistance for your equity.
yes, absolutely. the more we open the position would Constructing Markin strength we are getting smaller, it's good as you say, and we must be patient in waiting for the advantage again, do not want to be stuck by the market which makes us add to the position.
waseem
2012-10-29, 06:29 PM
beginner need to avoid from mistake and learn before join on real account.demo is main source where you can learn free of cost.after that you go to real account with low investment.always make single or double position at one time.not make much position at one time.
rabia2021
2012-10-29, 07:09 PM
yes these are some common mistake every one done in the forex market and most of the time traders suffer loss in the forex market we need to note these mistakes and do not need to repeat in the future if we do not want to suffer loss in the forex market.
Jatal
2012-10-29, 07:30 PM
You are right my friend, when we open more than one position we can't be able to respond correctly and our concentration not work exactly, Especially that happen for beginners who have no experience in trading.
casiotab
2012-10-29, 07:58 PM
the newbies they don't make any way of dealing. a while they start many place to restore the reduction, but it requires them into big reduction.so don't do this errors another time.try to understand from any errors,thus you understand currency dealing.
sourav744
2012-10-29, 08:16 PM
Ten common options trading mistakes typically made by new, inexperienced options ... Keep in mind you may have a loss in the stock when the position is closed. ... But you can only take advantage of this flexibility if you stay open to learning new ... Far too many traders set up a plan and then, as soon as the trade is placed, ...
ahadbd
2012-10-29, 08:16 PM
Newbie traders should not open several positions at a time. They should concentrate one currency pair at a time.
ninjatrader3
2012-10-29, 08:25 PM
i like ............it because its very good............ for new trader .that How to Trade on forex for Beginners.its treat very well for new trader . its provide the quality information about the market new trader after that they can takes the good income from the market easily. ............they take new trader like i own child .
don1681
2012-10-29, 08:28 PM
If youi are beginer of this treading sytem of forex than you need to avoid your mistake becasue we all know taht the more you are be a perfecy treader the more you can gain
cempetrader
2012-10-29, 08:36 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
Awesome post Deep, some great advice and info there, this has helped me understand the risk of Opening too many positions.
I was an online gamer about a year ago for 2 years, but I decided to quit because I realised that there was not much point in devoting most my time (sometimes 12+ hours a day) to playing a game which in the real world would get me nowhere.
Since coming across Forex about 2 moonth ago I have been completely engrossed by the subject I am also getting that feeling which I used to get when I first started a new online game. Also after finding this forum I sense that there is a great community here, which is similar to that from previous games I have played.
when the new user open more then one positions then it will not batter.you have need to avoid to open more then 1 positions because you could not control them.newbie can open only one pair for batter result.
sivaram219
2012-10-29, 09:01 PM
friends
mistakes to avoid beginners or first time trader are having positive mind and take profits in the trading easily. but now a days trading is easy that is include full experience and confident in trading by facing problems or risks
hoshey
2012-10-29, 09:03 PM
i advise to avoid opening many orders so as to focus only on your trade and never disperse yourself by many trades , this will be helpful and may limit more losses for you at start
don1681
2012-10-29, 09:03 PM
Yes it is also a very important things becasue if you are a new treader than you need to avoid this Forex mistakes becasue if you can not do that than it will be harmful.
prowitin
2012-10-30, 04:24 AM
The number one thing a beginner needs to know in forex is please do not be greedy. If you can over come that in the very early stages of your trading carrier then the sky is not just your limit.
trader911
2012-10-30, 06:59 AM
forex business promising big profits. it makes so excited that new traders make is very much an open position. greedy and wants to get big profits quickly lead to new traders lose control. make them suffer huge losses in the forex business.
annura
2012-10-30, 07:03 AM
It is dangerous for newcomers to trade at multiple poisitions at an equivalent time as a result of they dont have the expertise of the market.
Firstly a beginner should begin wilth lowest capital and should observe the market's behaviour. He should perceive the position of the market and use his brain to manage the profit loss state of affairs. once obtaining some expertise he will play at over one place at a time.
makrazeeb
2012-10-30, 08:08 AM
Yes dear you are right. I like to add some important thing. If a person obey money management strictly then it will be so easy to control himself from opening so many trades. According to money management a trader will can not open any trade by taking more than 2% risk. So a trader have to open multiple trades with taking maximum 2% risk.
RajMalhotra
2012-10-30, 08:45 AM
sometimes .............we do....... often make the fatal mistake We often hedged in the hope we will be able to generate profits faster than the previous target. ............... but we never realized, that we open a position too much and uses lots that are too excessive.
10pips
2012-10-30, 09:34 AM
forex business promising big profits. it makes so excited that new traders make is very much an open position. greedy and wants to get big profits quickly lead to new traders lose control. make them suffer huge losses in the forex business.
all because they want to earn the huge money from make the trading on the forex so they are greedy on their trading, this is do not good and also very bad for the trader if they are make the trading with greedy on the forex business, i also thinking that is too bad
nyiel100
2012-10-30, 09:38 AM
yes a newbie should analyze the price then open only one position for their early trading,and dont forget to put stop loss and take profit try not to open again any position in any condition because usually with several open position will make a newbie disturb mentally and loosing concentration about their target profit and risk management
himelbf
2012-10-30, 02:26 PM
I believe if we find some program available for purchase control as in comparison to we usually can also cope with other opportunities simply. because when we start a wide range of place and even handle more places regarding dealing as in comparison to all new agents keep don't manage both the purchase. I believe we would come comprehensive.
fastman
2012-10-30, 03:38 PM
I think if we understand some device about business managment than you can manage more roles because when we start more than one place and use more pairs for trading than most of new investors stay fall short to deal with the trading. I think we should go comprehensive.
monjurbr
2012-10-30, 03:43 PM
Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.
I think in the forex market mistake is a dangerous fact. If any little mistake occurs in the trading period then it can be a great loss for a trader. Basically a beginner should always alert about mistake. A mistake can make a beginner disappointed.
Chow.ash
2012-10-30, 03:58 PM
it is good thinking.mistake to mistake hote ha chaya wo newbie mistake karna ya ap beginners mistake kanrana mistake hote ha or trading main mistake ka matlab ha ka ap na obht sara loss earned ka es laya main ap ko ya kahta hoon ka tradign akro lakin apna emotion ko control karo or boht sara profit earned karo.
bisifentus
2012-10-30, 04:07 PM
I don`t think that there is a problem for a Forex trader to be opening more than one positions, but if the position is getting too much, the trader must know that this will actually give him a complex headache to handle, if this be the case, you should not mind the lot size of the trades, just accumulates the lot and use it one either one or two trades only..
ariesekunder
2012-10-30, 04:09 PM
learn trading takes a long time
more often we see events in the forex then we will be more refined skills
especially for beginners
nsr.sultana
2012-10-30, 06:49 PM
That is real that we must prevent the error of starting too many roles, because if they all reduce, then you will also reduce all of your cash. It is known as over dealing so it is a incorrect way of dealing. We must start one business at one time only so we can concentrate on our business.
mistakes koi bhi hon wo business me kafi nuksaan kr sakti hain or har trader in mistakes se avoid hi krna chahiye zyada tar newbies bohat sari positions ko open kr lete hain or baad me in ki waja se loss ho jata to is mistake se bachna chahiye
kammraz
2012-10-30, 08:08 PM
I've seen many traders making this kind of mistake. They will open 10 or 20 position with smaller lots. For me it's the same with opening a single big lots in one position. Plus you will need to manually adjust their SL and also TP. This require more time and it simply is not good for me.
taharoyal52
2012-10-30, 08:39 PM
When new comer comes to business of currency trading. They can not control their feelings, expressive And not comprehend clearly danger research and control. They start business more that`s why they can not appropriate manage their starting business. They go to failures. So, I recommend for new comer that you should start more business. You control yourself and try to know obvious information.
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