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trading with low balance generally result into losses. the reason is because you cannot wait for reversals if it gets against ypu as your equity will be close to zero and the trade will be automatically closed by the broker.
so instead trade with 100$ atleast so as to have considerable lot size with good money strategies.
set a risk reward ratio
stick to it
dont risk 2% of your total available balance
We realise the mistake when we have used loss because of to which we just about almost most know about the rules and so why we await a loss to adhere to all of these, if we aspire to a lengthy generate we constantly verify with regard to enough fuel, tires and so on. constantly place the belt whilst traveling, why not established target and stop loss after that.
I think every of all of us all, It‘s unavoidable mistakes, The very best method is we would like to have a lot of knowledge and skills which we can learn through issues for example friends, web site... this will assist all of us all steer clear of the mistakes
For myself i build this particular mistake one occasions which such as u and i gained about a 20 dollars and i do not know about withdrawing so i trade by it beside my capitals and i lost this so i discovered to withdrawing my profit if i build any kind of profite and not include this to my accounts ! !
I think forex can be a good occupation. Hope u had been trading along with bonus money, and after that the biggest mistake u do wasn't withdrawing u profit, though it was eventually u deposit money u ought to go to withdraw profit prior to enetering new trades because if u retain upabout multiplying u capital and by no means withdraw just about almost most of u capital and profit is actually on danger
---------- Post added 03-09-2016 at 05:20 PM ---------- Previous post was 03-08-2016 at 05:24 PM ----------
u will perform lot of mistake on the actual trading, u would like to end up being sure which u tend to be learning through u mistake and tend to be not repeating a similar mistake once more and gain on the actual future trading which will just include u experience
because i arrived to understand that, the most important mistake u do had been not withdrawing u profit, actually if it was eventually u deposit money u ought to go to withdraw profit prior to enetering new trades because if u maintain upabout multiplying u capital........
Main bilkul agree krta hn is bat se kyn k zayada profit ki lalach ap ko hmesha nuqsan de gi apko sth sth profit withdraw kr lena chaiye jb tk apka apna capital pura nhi ho jata us k bd thra bht risk lena galat nhi hai lekin bht zayada risk bhi nhi kyn k high risk hmesha high reward k sth nhi ata aksar heavy losses k sth bhi ata hai jo k newbies k liye thk nhi hai.
yea exactly guys 100$ k bd withdraw krna shuru krdo paisy us se phle ni kro :D acha q k us ka faida nhi ha na bhai kia kro gy agr
equity kum hhui to trade lot size b kum hoga
well i might such as to share one of my mistakes and i might very recommend u guys not to commit a similar that‘s i make use of to trade the actual news through putting the actual pending orders however i have created losses many occasions since the market can make spikes and after that reverses the path many occasions so the not safe to trade such as this.
This is the problem that often happened, and i had the same experiences also. I think so many beginner have this experiences also. Actually which we must learn is not to withdrawl our profit as soon as possible, but we must learn how to avoid margin call by trading using proper risk managementQuote:
Originally Posted by forexman