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Newbie traders shouldn't open many positions at any given time. They ought to concentrate one currency combine at any given time.
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inside fx entire world is usually what we need to know the economic climate, unique accurate or perhaps not really, inside determining if the economic climate we are able to understand how many pips average everyday movements available as one course then it becomes safer to avoid Los or perhaps MC.
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It is horribly dangerous for a newbie trader to open too many positions at the same time. It may cause the damaging your account and also shatter your confidence.Hence be calm and cool stay strict solid rock to your plan and never become emotional in trading.
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So there is no problem but if they just bet is big problemave your own reasons for it situation where too many things are happening around you, preventing you to react properly intense stress. In the cockpit of so what do you think about your id you focus to one pair or ever try to put orders at many pairs , 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.
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this is depend on you what you choose lot size if you choose minimum lot size 0.01 to 0.03 on 1000$ balance this is ok but avoid to open position on low balance this is damage your balance .
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opening too many positions when the account was having and using a lot of the floating ach dis position, it might as well add to the downturn. should if you really want to add a position, first thought of the impact that may be encountered. if it is confident with the direction of the market, it is better to use good money management, in order to withstand uncertain market rate
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This is all for airplane this not a plane where you apply these strategies so be factual not be so smart in doing such trades make other things as an example for this. So always be happy with the trades you made and be positive for that.
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Well my friend, with me, I think that i may recommendation beginners to get a strong knowledge concerning forexn keep learning and observe in demo account before begin trading in real account and you should not forget to management your emotions. Good job, bro.
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you are right brother mistakes se new trader ko must avoid karna chahye q k is busienss me humy profit bhi boht hota han aur loss bhi isi liye is busienss me humy smalls mistakes se bhi avoid karna chahye ta k humy zyada loss na ho.
