Mistakes to avoid for beginners / Inability to manage orders.

the main things is money management and control of emotions. Without them, we cant live longer in forex.
Except, you have lucks in your life and consistent profit from just using luck.

Thus it could be, but most traders in the trading mistakes more dikarekan because less rigorous in analyzing and reading the direction of the trend. if the trader expected results of the analysis based on fundamental analysis and tekninal, then the profit will still be obtained. but if the error was due to the volume of trading orders, it is purely due to greed

we don't have much experience and that is the reason for the loss . we don't know any thing about many kind of analysis the commercial traders do know about many things we don't know

yae it is right that, all new forex traders have to first find the mistake to their in forex trading business then try to avoid same mistake in forex trading business. but the common mistake in every new forex traders is lack of trading knowledge about forex trading business. so, must read all about forex trading business.

I think that most beginner traders are unable to control themselves. They see the price moving and think they are missing out. They then try and trade against the trend or trade randomly, or even chase the market and end up losing out.

I thinks if beginners start with demo account , the possibility of makes mistake is decrease.Forex is this kind of trading system, here a beginner has to learn first.

a beginner or a starting trader should have to learn all the points in trading in forex then all the mistakes should be avoided and if they don't learn all the terms then it will be inability for a person to do trade in proper manners.

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Originally Posted by deep thought

When you place a market order and leave it open, it means you enter a trade at market price without instructions to close the order. In other words, you are playing with the total value of your account. In order not to lose everything, he is urged to set up stop loss at each position opening.

For example, if you are long on the GBP / USD, you can set up a stop loss that will automatically sell your position if the rate drops to a certain level, pre-determined. Thus, you can significantly limit the amount you can lose on a given trade, even if you are unable to sit at your screen all the time.

Similarly, take-profit orders can guarantee a profit by liquidating a position when a predetermined price is reached. So you only need to identify the price at which profits will be taken.

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You will be required to deposit an amount of money (often referred to as a“security deposit” or "margin")with your forex dealer in order to buy or sell an off-exchange forex
contract. a relatively small amount of money can enable you to hold a forex position worth many times the account value.This is referred to as leverage or gearing.The smaller the deposit in relation to the underlying value of the contract,the greater the leverage.The Risks of Trading in the Forex Market .If the price moves in an unfavorable direction, high leverage can produce large losses in relation to your initial deposit. In fact,even a small move against your position may result in a large loss, including the loss of your entire deposit. Depending on your agreement with your dealer, you may also be required to pay additional losses.

I think we have continued focus on work so that we can always remember the mistakes that we have falling out so as not to repeat again and soak them again and we're always on the road to success and profit

Yes its known by every one of the traders they if they will not control their emotions they will have to face the loss, but in some situations they lose their tempers and can not control their emotions