Forex main new comer ko chahye k wo forum main rules ko follow krty huy posts karain or post main copy paste na karain or ek thread ka ek sy zayada bar jawab na dain, or forex main trading krny k liye bohat sara knowledge hasil karain or kuch arsa demo account main trading kr k experience hasil karain.
Yes too many ordere being opened by many newbies in forex trader leads to their losses all the time. Now this shows that in forex, we should use the right lot size so that we will not over leverage our accounts.
Mistakes to avoid for beginners / Opening too many positions
yes if you are not much experienced then you should not use multiple positions it will be bad for you your concentration will be divided and you will be frustrated so you have to avoid this
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the beginners they don't work any strategy for trading. any quantify they yield more function to recycle the expiration, but it takes them into big release.so don't do this mistakes added quantify.try to acquire from any mistakes,thus you read forex.
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Opening too many orders is not right way to trade. Mostly newbies have small capital around 100$. They use good lot sizes in their trades and when they have already an order open n loss they see another opportunity and place another order in another pair. It is wrong way to trade, this will kill their margin, will cause trouble for them if this order also goes towards loss. They will find it hard to focus all orders as compared to monitoring just one order.
To avoid mistakes need to follow these criteria:
1. Learning properly
2. Good money management
3. Do not over trade
4. Control greed and emotion
For a newbie i think a trader must nit open an trade without knowing about the Forex education. we all have to understand the money management and weed to develop a strategy before going to trade in real account.we all need to do practice in demo account. and while we will feel confident at then we ned to start trading in Real account.