Bhai baat to sahi hai new trader yaha par trading karte hai to high lot trading unke liye kafi jayda mehga pad jata hai, unko high lot trading nahi karna chahiye, apne loss ko rokne ke liye low lot trade karna hoga bhai.
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Thank you for this information and I have seen my mistake which is number 7. I do let the losing trades ride too long with the hope that they will come around which has happened twice but I have so lost all my money twice because my income was small. Overall, I am patient with myself and know I will soon make it and thank God.
Yes, those mistakes are very horrible. Specially newbies make this mistakes too many times. So they lose fast. To recover it they should follow the right rules in this market and do trading properly.
I think we should gain experience in the forex demo account. but many novice traders are unable to control their emotions, many do not have the patience and want instant money without work. I think we should not be distracted even when wrong, because we can learn from mistakes that can be useful later... :)
Trading in Forex with out experience, trade without Money managementTrading without any strategy, trading without against direction of the market, trading without information of the market trend...Trading with greed.
you are advise the new traders. this is a good. i think that the proper learn, proper money management. secondly they are take the proper time. so that you are work the discipline. then new traders are good work.
Yup, it is usually the mistakes Forex traders try this. Thus carry on to learn so which we perform not repeat a similar mistakes we created previously. That is my opinion. Thank u.