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

[Backbonn24]

Patiently do trading for some years to get some experience, then we may get familiar with trading. and when any news is going to release that it is very important to trade carefully so that you can earn money to avoid loss.

[Backbonn24]

In real trading plan we must have to focus on fundamental analysis by use of various news which release day per day and when any news is going to release so With that experience, they will definitely do well in future.

[Akhterp]

Top 10 trading mistakes

Not researching the markets properly
Trading without a plan
Over-reliance on software
Failing to cut losses
Overexposing a position
Overdiversifying a portfolio too quickly
Not understanding leverage
Not understanding the risk-reward ratio
Overconfidence after a profit
Letting emotions impair decision-making

[Pak3000]

This is perhaps the most classic mistake that 100% of beginners make and about 90% of the rest make. Also, it’s no surprise that about 90% of traders lose money over the long-run when about 90% of them are trading too much. Another interesting tid-bit is that if you find you’re in more than one trade at a time, you’re probably trading too much. There really is no logical reason to be in more than one trade at a time, ever.

[billyboy00007]

Clear objectives, outcomes and strategies keep you focused and disciplined
Helps you avoid making rash or emotional decisions
If you don’t have a plan you are gambling with your money
Test your plan in a demo account before making any live trading moves
Adjust your plan as you become more experienced

[Gamechanger2020]

No Trading Plan

Not Following The Trading Plan

For your trading plan to be of any use, you have to follow it. Never deviate from your plan.

Some traders want to trade multiple strategies all at once.

They have this thinking that it will help them make more money.

However, the most successful traders only uses a few trading strategies.

[Bajaj Vasu]

Sab se bari galti ha k koi strategy na banai aur ise bhe barhi galti ha k broker ko join kare bina research k tab hi hume is pay focus karna ha warna phir hum ya galti bar bar karte hi rahi gay jo kisi k lia bhe acha nahi ha.

[Fahad551]

Mistakes ko avoid krna bohat important hai is business me our Agr hmarai trade ak achy profit me hau our hame osw long term profit me running krna chahta hain likan hame phr b risk lagta he k kahi market pull back na kar jay ya profit loss me convert na hojay tab hame stop loss ko break even ya trail stop ka use krna chahye ye hame faida dega.

[Bakloni]

फॉरेक्स ट्रेडिंग में नए ट्रेडर की असफलता का मुख्य कारण लालच होता है। मेरे लिए भी हानि का सबसे बड़ा कारन लालच था। ट्रेडर्स को अपनी भावनाओं पर नियंत्रण करना और सफलता के लिए धैर्य रखना चाहिए। फॉरेक्स कोई जादू की छड़ी नहीं है, फॉरेक्स ट्रेडिंग में कोई शॉर्टकट नहीं है। अधिकतर ट्रेडर्स लालच में पड़ जाते हैं और रातोंरात आमिर बनना चाहते हैं और लालच में पड़कर लॉस कर देते हैं। नए ट्रेडर्स के तौर पर अक्सर ट्रेडर्स के पास कोई ट्रेडिंग प्लान नहीं होता है। फॉरेक्स ट्रेडिंग में भी प्लान का होना ज़रूरी है। उचित ट्रेडिंग योजना और उचित धन प्रबंधन के बिना जोखिम से भरे फॉरेक्स मार्केट में सर्वाइव करना मुश्किल है। फॉरेक्स ट्रेडिंग योजना सफल फॉरेक्स ट्रेडर बनने के लिए महत्वपूर्ण तत्वों में से एक है।

[Nawaj hussain]

Begginers ko forex mai apni galti se bacchna or learn karna bahut zaruri hai..begginers market me new hotte hai or trading krte wqt unko trading ki kuch kash knowldege nhi hotti hai jis k waja se wo loss krte hai agr wo apni loss ko learn krna sikhe to wo ek accha trader ban sakte hai apni mistek ko theek se smmjhna chaiye begginers ko or apne har trade ko learn krte rahna chaiye..jis se wo ek acche trader ban sakte hai anne wale time mai.. thankyou .