I think a lot of orders that would be very bad if it's wrong it's very bad and continued once and we should always be ready and should always be able to manage it properly and do not impose themselves and it is very good indeed and we must always be able to remain patient and it was very nice.:accute:
the particular mistakes may be avoided from the beginners in the event that they trade within the demo account from the forex trading first. i think in which in the event that they trade within the demo account from the forex first then they will already know how to trade effectively int eh forex trading you then could already know how to trade within the forex while using cool intellect but not trade within the forex while using hot intellect.
They should stop trading for a while and find the reason for it and start trading again according to the solution till day trading is not a mistake it simply suitable to traders that use H1 timeframe and below and simply suitable for traders who want to have peaceful sleep without having any floating positions so what you have mentioned are the common mistakes that the new traders make that is we need more more study and practice for gain knowledge and experience then we can decrease loss
But if we can take any mistake in this business then we can loss our money in this business and there is another mistake and that is using the high leverage with a small amount of capital that Forex trading is a business you can avoid lost to forex trading like Some investors believe they do not understand the Forex and financial markets well enough to earn money instead of that is possible to get every trade about mistake of this trade business
I am also a newbie here but I feel that until unless you have the knowledge of the market and the knowledge of what the forex trading system is , you should not trade. because with out proper knowledge and experience of the market it will be just by luck that you may win or other wise you will have to suffer a loss.
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.you can win.good luck my frndzzz...
yes i totally agree with you,,mainy bht sy newbies daikhy hain jo k bht jald forex trading mai apna account empty kara laity hain greed ki waja sy wo aik sath bht ziada positions open kar laity hain or jab tak aap k pas proper knowledge ni hoga aap successful nai ho skty h
ye 1 bohat bari mistake hai jo beginners karte hain, bohat sari position open kar lete hain k ziada profit hoga, lakin aksar aisa nae hota, aur bohat sara loss kar beth ta hain.
I was unable to concentrate on all of the positions at the same time and due to that i lost my entire account. That's why we should always open less trading orders according to the market situations.
money management is important in our trading, for me it is not problem to set too many position but we can not set big size, it will make our trading easy to get MC so we have to avoid set big size in our trading.