Mistakes to avoid for beginners / Inexperience.

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Originally Posted by deep thought

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

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han gi forex trading main jo ha na sab se ziyad ajo masla hota ha na woh newbies k sath he hota ha kioun k un ko shuro shuro man es ki samgh nahi aati ha or es se woh apna loss karwa bethety haen es liye un ko seniors se advises lenei chiyene lazmi

as a forex trading member ..........firstly congrats all the new members to this forex trading.........the first and last tips from me to all of you that ............."please do not try to copy others answers ........... it will ban your accounts forever ...so be careful about this .thanks to all

inexperienced trader often makes mistakes because they dont know how to manage the situation so they need to learn more the terms here in forex

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Originally Posted by joe12

inexperienced trader often makes mistakes because they dont know how to manage the situation so they need to learn more the terms here in forex

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learn from the experience was very good indeed, but even better to learn from the mistakes of those who have experienced so we can minimize the process that we conducted this trade to the trading process we can become better and more controllable

my suggestion today for newbies like myself ;) is to trade in real accounts and test their strategies in real accounts, because it makes sense for you to have a little real fear or to see your emotions in real trades ;)

I am anew trader at forex and I have experienced some difficulties at the initial stages of my trading carrier, but a vast and clear concept about the trading system will certainly help you to overcome all types of problems.

to cover the shortfall due to lack of experience of a beginner is a beginner trader may choose an experienced trader who is also a mentor to him and this will reduce the risk of unnecessary errors and shortcuts to success and of course all that should be on the train and get used in a demo account

mujh lagta hai kay forex may newbie kafi mistakes karta hain kion kay un kay pass koi experiecne nahi hota hai aur na he koi achi knowledge hoti hai un kay pass is waja say woh kafi mistakes karta hain aur kafi loss ka samana bhi karta hain..

l think the best way is to use demo account until mastering ourself with a strategy and that is the time we can start to trade live.but the biggest mistake of the newbies is when they hear about forex and the earning potential of it then they are in a hurry to trade live without knowing even the basics.so l was one of them and it cost me too much.if l could keep my savings until today l could make better profit rather than losing all of them.

At first learning about Forex Trading & Lot of study & acquire knowledge about this trading. Then silly mistake will not a problem, but forecast and skill is require a good trading. Then keep foot on this Forex trading.