Mistakes to avoid for beginners.

[PyarPyarPhet]

The real thing is they share only heading not the solutions or detail of these issues. We cannot get benefit from just heading we need more detail to encounter these because these are closely related with behavior and we can only eliminate these if we share our experience. Use demo account to gain some experience about the market read the forecast and use it on the demo account more ever manage your capital.

[benderafx]

He often seems to be forgotten. Discipline is easy to say, it is very difficult even for us, but it did. This is generally due to unforeseen circumstances. So the price against us, and be prepared to give up, see, from the beginning.

[zezoo torky]

the beginners should avoid while trading in Forex trading is here that never get emotional

try to trade here with you knowledge and experience never try to trade here with your mind, a trade here with you intellectuality.

---------- Post added at 10:00 AM ---------- Previous post was at 09:57 AM ----------

The beginners early bed concerning markets front puckers noises then vest supported on their noises

and shall gain their assets simple extra states manly giant departure is reachings !

[aalvy]

I am totally agree with you brother.As a newbie you must have to avoid the mistakes if you want to be successful in forex.You need a lot of experience to trading in forex.Demo account is the best option for newbies to start with.

[nonsepos]

Now a days ten out of twenty thread share the same but the real thing is they share only heading not the solutions or detail of these issues. 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.

If you could trade at that specific hour you could earn much more profit than trading in any other time of the day. So Forex day trading needs to understand the way you should trade on that few specific hours of the so that you don�t have to see the face of losses and you could smile with a huge cash of profit.

[nkem]

1.The lack of experience


6. An excessive leverage
7. Opening too many positions

9. Ignore the impact of spreads on trading


I will explain every Mistakes in next topic

lack of experience is something every trader must go through whether he likes it or not as experience is acquired from long time trading. also, you do not understand leverage as leverage offers us the ability to open many positions and this is the singular reason traders go for high leverage. on the impact of spreads, it all depends on the pair involved.

[tradeforlife]

Yes, i highly appriciate for ten tips you give in this thread, guy. To me, the most important factor for loss of newbies, i think it is lack of discipline and experience in this market. Trading without discipline and experience will lead traders to face to loss and become loser in this field.

[kisor]

Trailing Stop. Once a trailing stop has been placed (for example, if a trailing stop's value is 15 pips) the following occurs: No Stop Loss order will be placed until the open position is in a profit of at least 15 pips. Meta trader 4 then sends an instruction to place the Stop Loss order 15 pips higher or lower then the current price.

[hashmat]

yes i think junior members can big mistakes becouse senior members are so expert they have work better ,i think junior members can avoid and work in demo accounts its better way to gain knowledge for good trading,

[pedagang]

Well for starters my advice Avoid Greed and be patient because these two things lead to big loss in Forex Trading. they need to gain knowledge about Forex and must be disciplined in their trading.