Mistakes to avoid for beginners/The absence of a real trading plan.

[forextrader38]

I agree with you, we have a good strategy, a good plan to have a business and what we plan to update every time we do not all share the need, also we have a plan B, which, instead of the original trade as if we do not expect to go

[purohit]

trade main hummein serious hoke kisi plan ki saath trade karna chahiye.Agar trade main koi plane na ho ya phir profit ki koi perpose na hoto toh traders profit nehi kar pate hay.

[aamu]

mistakes and experiences are the best lesson that we had bought with losing ...then we learned from them and completed the weakness..
and then, we will become a mature trader in the future

[waqtitrader]

Expect to become a millionaire in just a few months is not the only mistake made ​​by novice traders. Indeed, a very common error is to not take the time to formulate a real trading plan. A trading plan, it does not mean we will look at the USD / JPY, expect it to fall to 80 yen and placing stops. No, it's not that. In fact, the trading plan consists roughly of two main aspects: an overall goal for your trading activity and a more specific plan for each of the trades you make.

An overall objective involves knowing what currencies you are trading - knowing that a distinction exists between my major (USD, GBP, JPY, CHF, EUR ...) and emerging (CNY, BRL, PLN, CZK, THEY ...) - the lever that you want to use and finally the time you want to devote to trading. Your plan should also specify realistic goals in terms of ROI. That is to say that we should not expect to earn 100,000 euros in the space of two months with an investment of 10,000 euros. Finally, we need you to put in place an exit strategy for each market trades you make, knowing when you want to sell or buy. This includes knowing the level at which you want to stop losses or take profits

thank you my dear app ne kafi achet tareeqey se ham ko brief kiya ha es liye main to app ko yahi kahoun ga k app es main na sahi baat ha k koi pla lazmi he rakhu kioun k bagher plan k app ko es main loss he rahey ga es liye es main na plan trading lazmi ha

[Nganti]

ussualy for beginer affraid to get loss in their trade. for beginer ussually just hope a profit only, and no wan't to going loss or margin call.because they dont know before that forex like that, must get loss and profit. so for newbe must ask to profesional trade what is true of forex ?

[makenamjad]

We charge to go for the trading with the acquaintance and aswell we accept to go for the trading with the backbone and ability so that we can be champ here.we accept to apprentice from our mistakes and its the nice experience.

[pkdoo7]

lure of exitment and easy money can be common cause for mistakes in forex trade
for preventing mistakes , we should trade like a robot not as an emotional subject .

[pkdoo7]

lure of exitment and easy money can be common cause for mistakes in forex trade
we should trade like a robot not as a emotional subject .

[ikram9876]

salam, buhot ala plan hain ye beginnir ke leye ager biginnir es plan ke waja se apne mistake avoid kare tu i hope wo buhot sucessful trader ban sakty hain

[ishvara]

Expect to become a millionaire in just a few months is not the only mistake made ​​by novice traders. Indeed, a very common error is to not take the time to formulate a real trading plan. A trading plan, it does not mean we will look at the USD / JPY, expect it to fall to 80 yen and placing stops. No, it's not that. In fact, the trading plan consists roughly of two main aspects: an overall goal for your trading activity and a more specific plan for each of the trades you make.

An overall objective involves knowing what currencies you are trading - knowing that a distinction exists between my major (USD, GBP, JPY, CHF, EUR ...) and emerging (CNY, BRL, PLN, CZK, THEY ...) - the lever that you want to use and finally the time you want to devote to trading. Your plan should also specify realistic goals in terms of ROI. That is to say that we should not expect to earn 100,000 euros in the space of two months with an investment of 10,000 euros. Finally, we need you to put in place an exit strategy for each market trades you make, knowing when you want to sell or buy. This includes knowing the level at which you want to stop losses or take profits

All forex currency exchange traders must make sure that they never trade the forex markets without having a well laid out trading plan to assist them. This is a straight path to losses and many traders in forex are failures because of a lack of planning.