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Hi my friend, I am a new member, and in my opinion, beginners are very crazy about making money in forex because they want change and they think he can find the changes through forex is true but there are some issues first. They donot know the discipline and they are greedy. Good trade, friends.
Well .... there are many mistakes and mistakes made by new traders and beginners in forex trading. The most important mistake they should avoid alone is the mystic because it is too confident. They think that they are very skilled full They know all the basics of forex trading. They do not need to learn and practice This will make them lose
Beginners will usually be in a hurry in trading, they have the urge to earn money and take a lot of profits in just a few days, they should know that it is possible to get a lot but it takes experience and high knowledge to it. So they have learned and become experienced.
the lack of decipline is lethal if we dont straight uo our selfs , because it causes us to go into feeling like frustration and greed , witch is not benefical to us at all, the decipline is the master key to succes here
I think fear and greed sums it up we have to work wit it and should be able to follow the good working principles tat progress that we ahve to work we have to work as hard and produce the greatest positions that we have to follow the right makret formations to we have to evelop a lot of good working proinciples
dear ham forex market mein as a new trader k hum bhout si mistakes karty hen as a new trader k hum forex market mein patience k sath trading nhi karty hen hum maret mein discipline ko follow nhi karty hen
Discipline can not be over emphasized when trading in the forex market, and it starts from first having some set of rules that governs your entire trading process as without rules its impossible to be indiscipline since you haven't broken any rule. So ensure to clearly define your trading rules and ensure you follow them "that's discipline"
in this trading business many new traders make mistake during trading they have the greed of profit and than they did not care of low capital and make risky trading strategy that is why the get loss in this trading business they should avoid the mistakes which they made in the trading business.
There are many mistakes that beginners should avoid when starting Forex trading, but practically unless we suffer from them we will not be able to do it. Lessons learned by mistakes are valuable unless we suffer small losses with small orders.
Beginners should never trade with a lot of money in the hope of big profits without a deep knowledge of this market.
I agree with you a lot , the discipline is the main key for a successful trading and I am sure that most of the traders who lose their capital lose because they can not trade with discipline , In my opinion if you know that you can't trade with discipline it's better to not trade at all and save the money for other things.