Yeah you are absolutely right . All need more capital to invest and more learn and not to be greedy when they are trading in forex trade . If any one can control their emotions in forex trade then they can stop their loss .
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Yeah you are absolutely right . All need more capital to invest and more learn and not to be greedy when they are trading in forex trade . If any one can control their emotions in forex trade then they can stop their loss .
I agree with you almost all the points are valid and I want to add big lot size and over trading in your list. Although both over trading and big lot size are related to greed and poor money management but still if we can avoid both of them we can avoid much loss.Quote:
Originally Posted by yogesh
over confident , greed, not disciplined and hesitate in making decisions is not good to do forex trading.
we need discipline to achieve any success in forex trading.
you're right, i think that's a kind of problem that make trader are loss. i think the all problem are related with trading psychological.Quote:
Originally Posted by Lyubov
A trader can be discipline though they have good strategy because they dont have good psychology, so sometime they become overytrade and get loss again.
But as per my 3 years experience I want say only one thing that the main reason is lack of knowledge of good money management, so this is the main factor and most of the traders wants to get big profit with in a night and they forget money management.Quote:
Originally Posted by tajdarbet
aksaar newbie traders kay saath aesa hota hay kay wo kafi kam capital deposit kertay hain aur phir ziada kamanay kay chakar may high lot use kertay hain jiss ki waja say jab market unn kay against move kerti hay to loss ker laytay hain.
I did a trade with my friends, because I could ask if I have problems such as lack of understanding or analyzing the market. so my friend could be the place to ask.
And Lose Emotional Control .. While any traders lose their emotional control, everything will be chaoz.. While we get a big loss.. we usually try hard to get the profit.. This is a dangerous time, we usually put double OP and get double loss..Quote:
Originally Posted by yogesh
Dear Shariq...! i think you are wrong in some of your prespectives because market never goes wrong and always their is some faults of trader himself. All results in forex trading business are actually reaction of the actions taken by trader so no one can blame the market for such mistakes. However it is fact that some time market moves unexpectidly because of any natural event or disaster or any other reason and in such conditions no one can calculate or predict therefore it is usually recommended to use stop loss always.Quote:
Originally Posted by ShariqKhan
n forex trading if we can earn a good amount of profit then we can also suffer a loss , there is chances of both . The profit is just depend upon how we trade . If we take right decision then we can earn a good profit , if we take wrong decision then we can suffer a loss . So if you want to safeguard yourself from loss then take every decision very carefully , don't be greedy while doing trading , and yeah be happy with your profit which you have earned , don't re-invest , there is chances of loss in re-investmen