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Many mistakes which can be done by the trader and we should must be tried our best to avoid it and when we want to do trade we should must be analyze the market and we are do trade with out analyze it is the main mistake and we should must be got knowledge about this and then in practice on demo.
These mistakes are always the killer to kill our account, even in some case, totally kill our capital and let us turn from a millionare to a poor in one night, so the good traders will learn a lot to change themselves not to do these things.
aap ka sagyan mujhe aacha laga. kjhas karke money mangement and Trading against the trend jyada khatar nak he. to hum jaise newbie ko bass yehi lession bar bar parna he aur ye ssab bat ko bas apne dimag me ek dam jor lena chahiye. aur ha sirf mistake ka karan nehi iska hal ko bhi dhunda parega aap ko. ta ki aap ye galti dubara na kare.
i think the first point is very good and it is a must for any trader that will succeed in forex trading. Many traders open and close trades randomly without any trading plan to back them up. That is the most serious problem in forex trading...
yes of course these are some common mistakes that dome by all trader we should need to control on them without control these mistakes if we think we can success in the forex market we think wrong we should need to work hard then we can win here nice and easy money in the forex market.
Goood money management with proper timeline is the key of sucess in forex trading..many trader make mistakes but skill trader is one who learn from the mistakes and improve their trading...
I am also a new trader of forex and this is my first month on forex .i think that if avoid these steps then in future i will also a good and successful trader of forex and earn a good income from it.
Yes,w e can see how difficult this business is so high and the risks we face and so much knowledge to be mastered, especially to overcome self-control our own emotions.
that most of the newbies always do the trading with emotions and with a lot of aggressiveness and by doing this thing they always make loss so they must have to avoid these things and i must say that they have to hard work
Most beginners commit the same mistakes in their trade in this market. So you have to learn and further develop our traffic indicators in the study, I think that there is no end because it is our duty to continue to learn and correct our mistakes.