Common Mistakes of a Trader.

[sibali]

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.

The main core of the trader is actually a blend error on number 5 (The trader was doing gambling instead of doing trading or business activities).This makes the trader made the mistake of starting from number 1 to number 4 of common mistakes that you write

[wazid201118]

Most of the traders who does not know the strategy in trading he might have made some mistakes.New forex traders of course they does not know deep things about trading.They don't use their tricks and skills when trading.Sometimes irresponsible mistakes can make their money lost.

[mayengbam]

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.

Its all good points and i would also like to add these two points too
6 opening too many positions simultenously
7 having no defined targets. i.e take profit and stop loss targets

[ishvara]

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.

Point number 5 is very good for traders to note. Many traders are gambling instead of trading forex markets. We traders must try our best to quit gambling and then use analysis to take trading decisions.

[Gab]

I have make some same mistake of these and I lose all of my money in one night! In my opinion we should care about the new anytime we can by this way we will avoid being not active when there is some brake-out of the market.

[xiaotanghao]

You are right.Most traders can not get anything from their loss.Our failures in forex have taught us so much.We do need to remeber your tips here.Do not gamble in forex,do not over tarde.A lot of don't should be remembered.

[dareking]

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

newbie jaldi se kisi bhi rules ko follow nahi karta hai sabse pahle wo dekhta hai profit usko profit hi dikhta hai aur jab wo loss khata hai to apne mein thoda changing lane ki sochta hai newbie ko kabhi real trade ek dum forex mein entry karte hi nahi karna chahiye thoda savar kare jab wo sikh jayega to trade to zindagi bhar karega.

[featurelion]

i think that most of the common mistakes of a trader will be that they start trading without any planning and knowledge.....and always try to over trade and get greedy.....they will forget to follow forex market rules due to lack of forex knowledge and always suffer losses....

yes yehi to main gheltian her new trader kerta hey, kunki us k mind mien raaton raat crorepati honay k sapnay hotay hien aur phir over trading lalch sey apnay account sey haath dho baithta hey, her trader ko yeh baat maan leni chahiye k yeh business aam business ki terhan hey aur her koi step by step hi rich ho ga

[ahmed]

Because emotions can lead to a big loss because the speculative study and he has to learn and acquire Alkhbran instead of dealing with emotion as he if he had considerable experience in this field, he must not possess confidence excess because it will kill to lose sometimes and also not to put the head of his money in one trade, but he has to divide his money on a set of trade.

[adahidayat]

i think that most of the common mistakes of a trader will be that they start trading without any planning and knowledge.....and always try to over trade and get greedy.....they will forget to follow forex market rules due to lack of forex knowledge and always suffer losses....