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Thread: Mistakes to avoid for beginners / Inability to manage orders.

  1. #20
    Banned naijafx is on a distinguished road naijafx's Avatar
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    Beginners finds it very difficult to manage their orders, that is why they end up opening many orders and eventually gets a margin call in the process.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #19
    Banned digger_jim is on a distinguished road digger_jim's Avatar
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    I guess mistake should avoid by beginner is putting their real hard-earn money at stake in the beginning of their journey in this business. They should try to find a free of charge way to learn the rope.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #18
    Senior Member newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry's Avatar
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    i like your statements here . it is so simple to read and i think there is a tips can make it simple to read the price, can you tell me how to do that ?
    take-profit orders can guarantee a profit by liquidating a position when a predetermined price is reached. So you only need to identify the price at which profits will be taken
    do the best we can

  4. #17
    Member kaia is an unknown quantity at this point kaia's Avatar
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    It is true that if you are a novice trader would have often had problems with how to do a good open positions. But if we practice well, then sooner or later we will can understand how to trade properly.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member Nganti is on a distinguished road Nganti's Avatar
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    ussually beginer feel not confident when make open posisition, so they make mistake , so more better newbe must be learn first in demo account. demo account is very important to learn about mt4 platform, technical and fundamental analysis

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member Rizwan is on a distinguished road Rizwan's Avatar
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    Newbies ki common mistake hoti hay kay woh bohat greedy hojatay hai.
    Un ko thori si knowledge aati hay keh woh ek real account bana laytain hay.
    jis say unhay bohat nuksaan(loss) hota hai.
    hamein chahiyay kay hum pehlay sahee tarha say forex kay baray mein jana
    aur soch samajh kay decision lein (dil or dimag) dono ka istamal karain.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #14
    Member ermaniso2011 has a spectacular aura about ermaniso2011 has a spectacular aura about ermaniso2011 has a spectacular aura about ermaniso2011's Avatar
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    you are right.it is one of the main rule in forex.it deosnt matter if how near or far but you have to always use a stoploss to limit your loss and protect your capital.when we do not use stoploss everything can get out of control anytime and it is happening to most of the newbies everyday.l think it is rule number one for all of us.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #13
    Member waleedkhan will become famous soon enough waleedkhan's Avatar
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    Quote Originally Posted by deep thought View Post
    When you place a market order and leave it open, it means you enter a trade at market price without instructions to close the order. In other words, you are playing with the total value of your account. In order not to lose everything, he is urged to set up stop loss at each position opening.

    For example, if you are long on the GBP / USD, you can set up a stop loss that will automatically sell your position if the rate drops to a certain level, pre-determined. Thus, you can significantly limit the amount you can lose on a given trade, even if you are unable to sit at your screen all the time.

    Similarly, take-profit orders can guarantee a profit by liquidating a position when a predetermined price is reached. So you only need to identify the price at which profits will be taken.
    Mara hisab sa yeh tu sub ka liya hai agar app na achi trading kar ni hai tu app ko apna emotion control main rakh na hoon ga aur app ko kam sa kam profit ho app us ko la kar market sa bhar ho jahain tak ka app ko zada loss na ho

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #12
    Member zeshan is on a distinguished road zeshan's Avatar
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    very good statement dear nabi ahmed and thanks for posting it is the best for all and i am agree with u 100% u right good words it is the best for all if they think

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #11
    Banned naijafx is on a distinguished road naijafx's Avatar
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    @narr, that is correct, i have noticed that traders would just open orders knowing fully well how prices could move, they will leave it without applying stop loss and take profits. This is one mistake that burnt my account severally, before i had to learn it

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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