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Thread: Mistakes to avoid for beginners.

  1. #2882
    Member gdfst is an unknown quantity at this point gdfst's Avatar
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    I believe that a mistake like avoiding the handling of cash once the transactions and to avoid the greed is very useful for currency traders, they have had to fight for not building the type of error. Ultimately, it will be positive.

    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 rashedbd95 is an unknown quantity at this point rashedbd95's Avatar
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    absolutely correct, maximum newbie in forex trading loss the capital with regard to lack regarding knowledge in addition to aggressive trading mentality. Forex market is the highest risky financial market at the world and so here the trader consider trade very carefully and analysis basis.
    and I am agree with this that

    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 waseed143 is on a distinguished road waseed143's Avatar
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    good question i think according to my point of view there many mistakes for beginner to avoid in Forex mean s greed is not allowed in Forex ,always work with rules ,and work with a work strategy ,and when you cant make a trend about market then we stop the trading for some time and other like this

    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 smslic is an unknown quantity at this point smslic's Avatar
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    For beginners main mistake is lack of knowledge how to analyse trade through indicators and global news, can not control their emotions while in profit again and again.

    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 aliq is an unknown quantity at this point aliq's Avatar
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    Yeah its very important thing. the beginner must avoid the mistakes and do trade very well. the experience persons does not make mistake because he know whats wrong and whats better for him

    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 Sahir is on a distinguished road Sahir's Avatar
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    we know to operate trade well trader needs to consider so many think at the same time,but i think initially trader needs to give emphasis on learning,then making practice at demo account,and must aware about the news factor that effect the market index

    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 apu.biswas23 is an unknown quantity at this point apu.biswas23's Avatar
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    Of pedagogy dude every new bargainer should be abstain misconception spell trading for this sanity new dealer should be elaborated on trading. I move that merchandiser can conceptualise out the error list by using marketplace venture most of the forum mortal portion slip slant which is the water represent for egest decease.

    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 sukantosarker29 is an unknown quantity at this point sukantosarker29's Avatar
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    I anticipate mistakes equal avoiding money direction when trading and avoiding covetousness is very instrumental for the forex traders and they should always try not to attain this write of mistakes. At the end they leave be profitable for this.

    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 kahanikhatun is an unknown quantity at this point kahanikhatun's Avatar
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    I think how to avoid errors for trade and cash management to prevent greed is very useful for forex traders, and that they always try to these types of events in forex trading. In addition it will be profitable for 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.


  10. #2873
    Member greener is an unknown quantity at this point greener's Avatar
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    Quote Originally Posted by deep thought View Post
    Statistics show that most new traders fail to wipe their first failure that often discourage them from continuing. On time, the proportion of failure decreases, but for many it is too late. They gave up after consecutive losses, based on the observation that the forex, this is definitely not for them. Yet all have been different if you had read some tips from our editorial staff to understand how new traders lose money.

    1.The lack of experience
    2. Unrealistic expectations of gains
    3. The absence of a real trading plan
    4. Lack of discipline
    5. The inability to manage orders
    6. An excessive leverage
    7. Opening too many positions
    8. Hold losing positions too long
    9. Ignore the impact of spreads on trading
    10. Think about winning and forget to put in place a strategy of money management

    I will explain every Mistakes in next topic
    you are very correct with this because some of the reason you gave really happen to me when i was just starting up, absent of real trading plans which i believe lot of traders even so called professional are lacking

    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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