Common Mistakes of a Trader.

[MTEBESSI]

All the traders has only one aim in Forex to earn money or to have profit. So trader becomes too much excited and they don't take it seriously by which they face loss at the vary first beginning of the trade, which lead them to frustration and at last they quit Forex trade.

[rajesh]

forex me sabse zada naye traders ko hi dikkat hoti hai kyunki unhe trading ke bare me zada nahi pata hota
isliye har naye trader ko ye salah di jati hai ki unhe bahut hi sambhal ke trading karni chahaiye aur forex ke basics ko hamesha fo;llow karna chahaiye

[rajesh]

bahut hi achi aur faydemand post hai ye..khaskar naye traders ke liye
naye traders forex me yahi sab galtiya karte hai jiski wajah se unhe margin call lagti hai..isliye har trader ko salah di jati hai ki agar use forex me trading karni hai top forex ke basics ko ache se seekhna chahaiey uske bad hi trading shuru karni chahaiey

[newentry]

always hurry up and rush to trade and do not have impatience to wait for good moment...and also always take to revenge and want to get back the money when the trader got their losing, these were the common mistakes and always happen for the first time

[forexman]

yes you are right and i am risking all my capital in single tarde and it is like a disease for me and i should avoid it and reason for lsoing all is not interested in taking losses so wait for profit but will face margin calls so i will try to avoid it

[Tarek]

all traders who make operations thanks to economic news are losing a lot of money, our weak point is that you can not control our emotions, but we can control our rissques by putting a stop loss.

[bambang]

In the forex trading a trader working with emotions. If a trader doing mistakes at the time of trading then he can learn a good lesson from that bad trade. Some mistakes of a trader as follows:-

1. The most obvious mistake is to place a high percentage of their capital on a single trade.

2. This happens due to in experience, impatience and another one overconfidence.

3. There is a temptation is often to trade in the market too quickly after a loss.

4. The trader thinks that he can recover the loss money in s short period of time. For he was doing so many trades.

5. The trader was doing gambling instead of doing trading.

yes you are right. but other than that the cause of most major trader mistakes in my opinion is not to use risk management as well. do not use stop loss and in a hurry in analyzing

[ishvara]

This is the main reason traders take loss. when one trade is giving loss then we again trade in the same direction and for recovering loss quickly and that is the reason because we can't control our emotion.

Generalizing, there is no main reason why we are failing in forex, i say this because we traders have our personal forex trading problems that we need to sort out personally before we start making any profits.

[rahibul]

There are two or three times come to trade in a day. You need a daily/weekly target to increase your balance. If your is fulfill so you should not any more trade to increase your balance. If you are failure in one time so then recover the next day. After recover the loss should not get profit more.

[100c�]

One of the common trading mistakes done by traders is overtrading. Many traders think that quantity is better than quality. They believe that if they throw enough punches, one will eventually hit. Unfortunately, many ended losing all their investment because of overtrading mistakes. Traders are overtrading because of greed, revenge and boredom reasons.

Traders tend to jump back into trades after closing a winning trades But later realized that they were the one who just bought the high of the day. After losing a trade, traders like to keep trading thinking the next trade will make back all money they lost so far but when market is still strong, they keep on losing money.

This is the main reason traders take loss. when one trade is giving loss then we again trade in the same direction and for recovering loss quickly and that is the reason because we can't control our emotion.