Mistakes to avoid for beginners.

[fahim2u]

strating main tu har bara bara trader bahi Forex main mistake karta ha beginners bahi karte hi but ajk kal beginners ka liya forum available ha jahna pa itn a sare achi tips milte ha ka beginners ko kam sa kam mistake karna ka moka milta ha.

[sahuri]

forex is excellent web site to earn money... i think begineer ought to first discover all concerning forex and than begin trading since it is very little bit risky..... his goal ought to be to find out the forex first... not to turn into a rich..... thus he ought to use demo account.....

[Rizwan Ali]

i think har senior trade nay mistakes karny say he bohat kuch sekha hota ho or ye hai mistake ko clear karnay say he us ka experiecne bnta hai dontworry beginner sy mistake hona future main boht benifit dati hai en ko.

[pankural]

forex trading business is a very good business for earn money from this forex trading business and for that many peoples joins this forex trading business and common mistake of all new forex traders is they start forex trading business without gaining the trading knowledge and without trading business. so, all new forex traders have to must gain the trading knowledge and experience for earn money.

[hall01]

largely so we need strong money management housewives they can earn lots of profit people their investment this work fraud no chance here.many people work here so no it is safe essential for any kind of job trader always made some mistake forex and mone

[asif1122]

Now a days 10 out of twenty thread share identical however the important factor is that they share solely heading not the solutions or detail of those problems. we have a tendency to willnot get benifit from jsut heading we'd like additional datil to encouter these becasue these ar closely realated with behavious {and we have a tendency to|and that we} can solely eliminate these if we share our experiances.

[azamjan389]

misates is the part of life life mey mistakes to har kisi se hoti han beter to wo hi ha jo mistake ko cover kar le na ke avoid kare ta ke dobara mistake na ho sake beginners agar isko learn kar len ge to beter rahe ga

[Nazmu]

Here are the 10 most common mistakes in no particular order of importance - there all important.

1. Don't Day Trade or Scalp

All short term volatility is random, you can't measure what millions of traders will do in a few hours so don't try.

2. Avoid Most Forex Robots

I see these forex trading systems all the time and they all claim great profits but the track records are all simulated in hindsight and have never been traded.

If you trade one of these you can kiss goodbye to your equity.

3. Don't Predict

If you predict you are simply hoping and guessing and that won't get you far in currency trading or life - trade confirmation and the reality of change and don't guess.

4. Markets do Not Move to Science

Many people claim they do and follow the methods of Gann, Elliot and Fibonacci but they don't work.

If markets moved to a scientific theory, we would all know the price in advance and there would be no market - common sense yet, many traders fall for this ridiculous idea, don't join them.

5. The harder you Work the More You Make

In a normal job yes, in forex markets no.

You get paid for being right with your forex trading signal and that can take you ten minutes or ten hours - you earn your rewards for results.

Work smart not hard.

6. Following expert Opinion and News Stories

The markets are a discounting mechanism and news is discounted instantly, it also reflects the greed and fear of the crowd who lose. Will Rogers once said:

"I only believe what I read in the papers"

He was joking of course - but it's surprising how many people follow the news and try and trade it - don't do it!

If you do, you will end up losing.

Markets move on trader's view of news and their emotions. The facts are unimportant its how they are perceived that determines the course of events.

7. Using a complicated method

10 indicators are better than 2 - dead wrong.

A complicated forex trading strategy , will not as a general rule beat a simple one as it has to many elements to break.

Simple systems have and always work best, as they are more robust.

8. Making Money in Demo Account Means You Will Make Money for Real

No, a demo account helps you learn how to trade not to make money and you need to understand this:

There is no pressure on you and therefore it's not a real trading experience.

9. Not Being Patient

Many traders think the more they trade the more they will make - wrong. You get paid as we said earlier on for being right and that means waiting for the high odds trades.

I know traders who trade around 10 times a year and make 200% or more.

If you want fun and excitement do something else. If you want to make money, being patient is a key element to learn in your forex education.

10. Snatching Profits to Soon

When you first start trading, you will be tempted to snatch profits - but look at a forex chart - the big trends last for months weeks and years.

if you have the courage to hold them and take short term equity swings against you, you will be well rewarded when the trade is finally closed with a thumping profit.

[sermilo]

Beginners ko apne trading se jyada money earn kar ne ki ummid rakhne ki mistake nahi karni chahiye aur apne trading me real situation ke dekh ke hi decision lene ki strategy apply karni chahiye. Kishi bhi trader ke liye Forex me jyada expectation rakhna hi eik badi mistake hoti hai.

[pankural]

many new forex traders avoid to practice in demo account for gain the trading experience of forex trading business. but they do not know that without experience in forex trading market no one can earn money from this forex trading business. so, must practice in demo account for gain the experience from this forex trading business.