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

[riponfx]

Forex has a good opportunity to go for demo practice so that they earn in according to the Forex rules,and those rules are you learn from demo,so i think for newbies demo is best to choose and get knowledge from it..it is a right time to join..

[SA5]

I like the european session more, in this session, the market is more valtile than in other session,the market move faster than other sessions, we can get the feeling of the trend faster.

[Dogan]

is many of program that can make forex working automated...like EA(expert advisor,forex copy,etc)but the problem it;s very hard to find a reliable one...

[a100]

"7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed"

You have rightly pointed out a very good point and which newbies frequently commit. earlier I used to wait for the losing trade to reverse and make profits but in most of the occasions, i lose big. so its better to set stop loss in every trade we make to minimize of losses

[SA3]

It is illegal to trade in currencies in India even online as RBI does not allow that for Indian clients.Although a trader can trade in INRUSD with brokers in India.

[rana654]

"7. Letting losing positions ride too long.

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually doomed"

You have rightly pointed out a very good point and which newbies frequently commit. earlier I used to wait for the losing trade to reverse and make profits but in most of the occasions, i lose big. so its better to set stop loss in every trade we make to minimize of losses

[mn15]

good topic bro. aap ka sagyan mujhe aacha laga. kjhas karke money mangement and Trading against the trend jyada khatar nak he. to hum jaise newbie ko bass yehi lession bar bar parna he aur ye ssab bat ko bas apne dimag me ek dam jor lena chahiye. aur ha sirf mistake ka karan nehi iska hal ko bhi dhunda parega aap ko. ta ki aap ye galti dubara na kare.

[Xipam]

Most successful traders will not sit on a losing position very long at all. They'll set a tight protective stop, and if it's hit they'll take their losses (usually minimal) and then move on to the next potential trading set up. Traders, who sit on a losing trade, "hoping" that the market will soon turn around in their favor, are usually do

[mn17]

good topic bro. aap ka sagyan mujhe aacha laga. kjhas karke money mangement and Trading against the trend jyada khatar nak he. to hum jaise newbie ko bass yehi lession bar bar parna he aur ye ssab bat ko bas apne dimag me ek dam jor lena chahiye. aur ha sirf mistake ka karan nehi iska hal ko bhi dhunda parega aap ko. ta ki aap ye galti dubara na kare.

[habis]

More than trading is an bad factor to practise in forex, however the actual excellent news is that it must be solely peculiar to newbies. I need to feature which greed affects all traders, each newbie and skilled.