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well generally, my dear, you are true and to me I definitely do feel that there are many mistakes in forex that leads to a trader in loss. In forex a bad trader always trade in forex with greed and lost his money. He also trade in forex with emotions and over confidence to take some good profit from forex trading. We must have to avoid these bad habits when trading in forex.
Yes, it is certainly which for me I’d like to believe that proper money management and proper time management is must for every trader to be successful in forex trading markets. so be patience while trading on live accounts . so before trading the traders should plan for the best result and profits in the markets.
Very good thread which we hope just about almost most traders not newbies and new traders just will read this particular useful thread and obtain useful of this, this describes the actual mistakes which newbies build and if these people read properly these people will end up being able to prevent on the actual future.
Yes, it is certainly which for me I’d like to believe several traders in forex market make several mistakes. most of the traders in forex market make the mistakes you have mentioned. if newbies in forex market look those mistakes and try to avoid those mistakes they can easily manage success in forex trading business.
Basically my dear, in forex trading i certainly I consider it’s no double i experienced that biggest mistakes we do are adding more and more to losing position, trading opposite to trend, not figuring out the range before entering trade and not using stop loss, using too high leverage.
Absolutely, I personally think you are right my dear, also I might find these are the top mistakes that are made by newbies.they do not know how to make money management and does not have patience and greed.but only experience and knowledge teach them how to make good profits in forex trading
You don’t have to be a trading novice to make mistakes in the financial markets. In fact, experienced players do dumb things all the time, despite knowing that things turn out badly when their discipline falls apart. The best we can do after committing an error is to take corrective action and swear it won’t happen again. While that’s improbable because we’re imperfect humans, hard-wiring an awareness of these 10 common mistakes into our trading brains will go a long way toward helping us avoid unpleasant incidents:
Chasing Tops/ Bottoms
Over-Leveraging
Staying Too Long/Leaving Too Early
Listening to Pundits
Trying To Get Even
Ignoring Trend Relativity
Lottery Tickets
Being Too Early/Too Late etc.
when the trader over-trading, because they want to do with a huge lot, so wanted an easy and large profit, but do not use the money management, thus balanc and value can be lost because they can not control for the transaction.
Ap k thread bohat acha hai. Forex market mai jo new traders hai. Wo es market mai bohat zada nuksan hot hai. Jo bhe new trader hai wo pehly mrket ki education aur experience hasil kray. Es tarah wo es market mai kamyabi hasil kr sakty hai. Wo har din ak acha profit hasil kr sakty hai.
dear aap ne kafi achy reasons btaye hen k hamen loss ku hota hai trading mein dear hum forex trading mein apni trading k liye planning nhi karty jab tak profit hota hai us waqt tak sb sahi hota hai jasy hi loss ho ta hai hAmary pas koi plan nhi hota