Mistakes to avoid for beginners / Inability to manage orders.

If performance is a good trader, I must first learn the basics of foreign exchange for the beginner, and thought at least six months of demo trading, he would move to the actual transaction. If you try to wrong business decisions, it markets for some time after that, he is then he is in a position facing and go into that position is given for inspiration and motivation of foreign exchange trading and then once you move, because it does not face major problems , beginner, you will need to take a little risk in foreign exchange trading always.

yeah you are right some beginners traders repeat this mistake again and again and this leads them toward a lot of loss of account balance they should never keep opening an trade without using stop loss as it will decrease the loss.

I sound like the inability to manage your subscriptions. The body experiance in a statement, but they do not understand the failure. When Somw We evalute our fault, and it is possible only when the failure to find the news is not our business.

Basically you are suggesting to use stop loss and take profit at the same time when you open a trade and that's a very good suggestion, i always trade with stop loss or close my position manually with a specific stop loss in mind, but few people i know also succeed by not taking any stop loss but they open very small position that can no way hurt the big account

orders ko manage karna bahut jaroori hai agar ik sath bahut se galat orders aap open kar dete ho to aage unko close karne per bada loss uthana padta hai , isliye soch samjh kar order open karna chahiye aur aik bar main 1-2 position se jyada nahin open karo jab tak ki usko close na kardo jyada position open mat karo nahin to margin call se nahin bach paoge ya bada loss uthana padega jaisa ki maine bhgta hai apne last trades main aur stop loss ki setting ki habit her position man dal leni chahiye nahin to deposit barbad hone se nahin bachaya ja sakta .

deep thought - I think beginner should do trade minimum 1-2 years before starting their's journey on real account with real money. Cause, if they can make them self's skilled to set Take Profit and Stop loss am so sure that, they ain't gonna make any loss further. Setting Take Profit and setting Stop is a really big fact to beginner especially for those who are late bloomers I mean those who gets everything so slowly. You need to count with spreads I mean you need to make sure that it is already included with your Take Profit rate.

like your words for Inability to administer orders. No physique allocation about this because they experience it but cannot amount it out as abortion reason. Sometimes we did not evaluate our abortion and its not accessible to acquisition a acumen for failure, Its alone accessible if we appraise our trades.

For beginners it is very difficult to success in forex.
For this purposes he have to avoid all common mistakes such as using sl and tp, using wrong signal, following wrong trend etc.

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Originally Posted by Tozammel

For beginners it is very difficult to success in forex.
For this purposes he have to avoid all common mistakes such as using sl and tp, using wrong signal, following wrong trend etc.

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This business is already hard just you have to do now is how can we make this trade with great skill and it can only get from a trade that can make you be skilled in a long time and patience to do that in your trading

Largest Mistake is that They think This my Trade of the year So they open Large positions And they go screwed with their blown out account. Secondly They dont take news as market sentimental tool. Thirdly Most of them dont know when is reversal and continuation So they trade Badly .