I think if we learn some tool about trade managment than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step.
Of course my business is delighted by the carefully thread tend not to wide open a lot of roles while doing so because if people wide open a lot of roles while doing so may be people shed the most investment capital due to the fact a lot of roles necessary a great deal of investment capital.
mistake is very common in forex trade , beginners often mistake , once time mistake can be solved , when a trader do trade( actually beginner) he does not know he is doing right or wrong , more trade and analysis make perfect , so dont worry do trade and learn by trade.
Article is good, in the Forex market trader have protect their account first because when they will protect their account ,if they can do this then trader can get good profit from their account automatically.
yes, we learn a trade MANAGEMENT tool around which we can easily handle more positions because when we open more than one position ...
This is not just a problem with beginners but also with many people this forum if you are a beginner please make sure that you do not have so many opening in this furum or else you will be burnt this is not a way to get rich quick please cöncentrate with öne.
is true... This is a situation where too many things are happening around you,, preventing you to react properly and creating a situation of intense stress... In the cockpit of a fighter, you can die - as a Forex trader, 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,,
Forex trading is very easy to learn. If a newbie trader join the forex market and earn money he become greedy for earn more. He post more traders to earn more. but he loose his money because he didn't control the situation when a trading chart change its trend.
Many people says that they didn't do any mistake but they have got loss. But the main thing is that the knowledge and techniques are not just necessary in Forex but the proper use of these things in accurate time play a vital role in this field. Most of traders fail for these reasons, in other side many people use maximum amount of their budget in order to get more profit.Quote:
Originally Posted by Nabi Ahmed Gill
beginners should avoid to open to many trades. they should avoid to use different strategies on live account. beginners need special attention to trends.