Mistakes to avoid for beginners / Inexperience.

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Originally Posted by deep thought

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

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

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

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Han mistakes bohat tang karti hainn, mistakes tou hotay hi hotay hain chahay kitna bi barha senior member kyun naa ho... best way is to use account strategy k saaath

Expereince is most important to earn money in trading forex,as beginner with lacking of experience and knowledge it will danger use real account in live trading because will do many mistakes and take so many loss.

Quote:

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Originally Posted by deep thought

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

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

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

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my dear friend newbie ko forex join karni se pahli seekhna cahe un ko chae k forex ko achi tarah study krain our forex main trading k lye practice krain demo ko jtan use kar saktain hain krain yah un k lye best way hy learning k lyye our forex ki site ka visit bhi krain

forex is nice job. it isn't that experienced traders don't build mistakes other then those are rare and people inexperienced are proved to actually do mistakes and therefore they actually lose typically, the wise plan might possibly be tofirst gain enough experience.

currently being a beginner you must continually avoid putting such a lot of trades within the whole marketplace for it is this fact trades which can klead within your donwfaul creating it terribly exhausting on behalf of me to firmly trade.

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Originally Posted by craft

forex is nice job. it isn't that experienced traders don't build mistakes other then those are rare and people inexperienced are proved to actually do mistakes and therefore they actually lose typically, the wise plan might possibly be tofirst gain enough experience.

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forex market mai experience ka bauhut kamaal hai forex trading mai jaisay jaisaay humara experience baehta hai humaay seekhnaay ko milta hai aur upcoming market trends ka bhi idea hota hai

every new traders must practice with demo account and also with a strategy they are comfortable with until they must the strategy and make consistent profit with it before they can apply it in their live trading at any given time

1st and one of the common mistake that the new trader should need to avoid is the idea that these should not trade directly inside the real trading account other then these need to build strategy inside the demo account 1st once that these will trade inside the real account to make sure that their performance will surely be sensible inside the real account.

i agree with you! i had the same mistake

There Saree soo many mixture of mistakes that you can say that there are soo many mistapes that keep resting the same mistakes the best way is to makesure that whenyou tradeing in the demo for the fear to go way