Mistakes to avoid for beginners.

[mical]

maximum new forex trader loss their capital because of some basic reason such as
1.they do not want to learn forex welly
2.they think that forex is a money making machine
3.they do not follow any money management rules
4.always they change their system
5.they do not use take profit and stop loss
6.some times they open a order against market current trend .

[shahid abbas]

actually mistakes like avoiding money management when trading and avoiding greed is very helpful for the forex traders and they should always try not to make this type of mistakes. I think this point is often forgotten.discipline is easy to say, but it is very difficult for us to implement

[khokan]

the detailed product above are the faults of currency dealing investors who just project in to it . one of such murderers are the functions of over dealing or starting several roles with out any research.

[choyon1]

We cannot get benifit from jsut heading we need more datil to encouter these becasue these are closely realated with behavious and we can only eliminate these if we share our experiances. trading and avoiding greed is very helpful for the forex traders and they should always try not to make this type of mistakes.one of such killers are the acts of over trading or opening multiple positions without any analysis.when prices move against us, then all of a sudden we're going to break the rules .

---------- Post added at 04:54 PM ---------- Previous post was at 04:41 PM ----------

Now a days ten out of twenty thread share the same but the real thing is they share only heading not the solutions .maximum newbie in forex trading loss their capital for lack of knowledge and aggressive trading mentality.avoiding greed is very helpful for the forex traders and they should always try not to make this type of mistakes.

[noora]

We cannot get benifit from jsut heading we need more datil to encouter. some experience about the market read the forecast. lack of knowledge and aggressive trading mentality

[sainkhan60]

mistakes sirf beginers hi nahin experience bhi kurtay aur kur suktay hain aur hum jub tuk mistakes nahin kurain gay to seekain gay kaisay kyunkay humari hur aik mistake humain aik new lesson daiti hai aur next time hum us mistake ko repeat nahin kurtay

[joshim200]

Dear sir
Yes, I think mistakes like avoiding money management when Forex trading and avoiding greed is very helpful for the forex traders and they should always try not to make this type of mistakes. At the end they will be profitable for this business.

Thanks
Joshim

[pprem]

they makes mistake in investment and plans. and many of them do not have patience they want to earn money in a short range of time and the also loss due to greed. they must stop all of these and must follow normal rules to earn money

[choyon1]

We cannot get benefit from just heading we need more datil to encounter these because these are closely related with behaviour .I think mistakes like avoiding money management when trading and avoiding greed is very helpful for the forex traders. one of such killers are the acts of over trading or opening multiple positions without any analysis.his usually occurs because of unexpected conditions. when prices move against us .

[mayx181992]

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

i just focused on one of your point which is lack of experience and i would like to tell you that this is the main thing and our experience is our teacher which teach us many thing how to trade when to trade and when not to trade and which pair is good for trade.