Top 10 Mistakes Traders Make (newbie just look it).

[mamah]

The trend is sometimes tricky to follow, you will find that still many traders will trade with the trend but lose because they picked the wrong entry point in their trade therefore one of the common mistakes i have seen people make in trading forex is that they always make the mistake of chasing price so because for traders who trade without discipline to execute the rules and strategies, then they will have difficulty when they want to get profit till to prevent it from me to use management that fits me but Overtrading a major factor in losses as well. I think that often makes the cause of error in trading is greedy and fear and if we're trading with still have a fear of loss, it will be very bad, because it indicates we are not yet ready to run forex and it's very important.:-)

[combantrin]

hydffoh, Many newbie traders always want to earning money without any efforts just randomly that is why some of traders still loss and loss and the mistakes some newbie is lack of knowledge but they don't want to increase their knowledge but they be greedy want earning profit as much as short time In case you follow money management then i think you are able to management your greediness and emotion during this business. Thus the majority of the novice trader can't use money management on the trading thus they cannot management their emotion and greediness.

[siomay]

Trading plan. I had a trading plan before but stopped doing it or followed anything because I had memorized it. The trading plan is a good tool for every trader because it can help them be strict and just follow their plan and not deviate from it. It also keeps you alert to avoid making many mistakes in your trade. and I've been there. when I first started forex, I found myself always lucky. but at the moment I am very confident, and doubling my lot size, suddenly everything turns against me. and that always happens every time I open a new account.

[halim khan]

i prefer your post and i'm thanx for you for that meaningful most dangerous mistakes of forex. i think you're correct. a lot of the individuals consider such as this mistake and that i think no One is excellent and the majority of individuals bring it. and no Two, Three or no5 and Six terribly terribly usual. and likewise excellent to share it for different and new trader in my thought all those guys who juncture forex for the alcohol of earning money in a excitable and swift demeanor are highly wrong. since they arise with alto of expectations from forex trading, so plane a weensy red is sufficiency to push them off.

[teteh]

i agree these are excellent suggestions, very nice suggestions ; even i assumed i will be able to become a millionaire overnight and started taking a great deal of risks down the method, however even when six many a long time i'm at a similar place exactly in which i began, but when i had followed the guidelines then my lifestyle might are totally different G sir ap ne bilkul he tik kaha our forex me ap ko is par diyan dina chaye q k forex bahot he bara market ha our me to ab forex ko kud bahot he like karta ho q k forex bahot he profitable business ha our me ab forex ko real life me bi forex me he trading karo ga q k forex bahot he best online job ha.

[cilor]

I think every mistake is very painful for us.Only a mistake can destroy our all money.So we always should avoid mistake.If we do not remove our mistake then I think we become poor so we must remove our mistake and miss tendency.so be expert and never mistake. yes brother you are right that these ten readers are those which traders make when they recently start trade they should learn trading skills first and then they should work on real trading for earning learning is also very important.

[optima]

The worst mistake made by new traders is that they only go to deposit real money in their forex account. But after depositing the money they try to make more and more profit from that amount. When they do that, they trade a lot so that the balance can get a margin call because of market volatility and they lose the whole amount. and Most traders first enter the forex market without knowing knowledge about forex trading is bad, but after entering they try to get more profit and when doing so they place a lot of trades it is the bad things they do when trading things it must be avoided.

[fear]

if I personally for example the archetype that we have to go through is to make a fortune because of the acquisition analysis by applying automatically existing accounting after that we learn the direction of money and so on and suffer losses better than having a margin call. and one thing that can prevent us from margin calls is money management. This basic rule is actually what will save most of our accounts. you don't believe me in fact, most traders lose because they trade more.

[namruk]

No doubt money management is very important but to have good money management we must avoid opening more lots and trading with large lot sizes. For good money management, the more important qualities needed in a trader are patience and a better trading strategy than money management. This is because with a good trading strategy, you can always implement money management and reduce the value of losses that can occur, thereby also increasing your potential profit from an increased trade balance. If you have a bad strategy, money management will only extend the time you will remain in trading before getting a margin call.

[serius]

You are right. but the mistake that most deters traders is risk / money management. if traders make other mistakes but do good money management, they will not suffer that much. and yes learning from our mistakes before is very important to keep ourselves in the hunt to get a profit in money. You must work on your mistakes and never repeat them in the future