Mistakes to avoid for beginners.

[fadil]

I think that forex is a business here Occur Because buy and sell event. Again it belongs aussi and lose the profit. now i wanna say That this is business and Obviously its not a job. Although I did not get any money from this.

[sagar ray]

We know, currently 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 take pleasure in simply heading we'd like a lot of detail to encounter these as a result of these ar closely connected with behaviors and we have a tendency to can solely eliminate these if we share our experiences.

[WajeehBJ]

One of the most recurring mistake that the beginners need to avoid is that they have to define a target before hand as to what profit they want to make and what loss is going to be bearable for them. If they don't do so, they are always going to be confused about when to open the position and when to close it leading to unnecessary losses.

[ardhendukumar]

Mistakes is very bad for the trading because mistakes to avoid for beginner.I think that beginner is to be needed about forex trading very very know.If about know forex so your developed is very possible.

[kash]

i think that the in business we make the different mistakes but some mistakes are very big but some are to little but so mistakes we then prove it then we learn the many things about this business and these mistakes are as follows An excessive leverage Opening.too many positions Hold losing positions.too long Ignore the impact of spreads on trading

[ku_lock]

Thinking it’s easy to make money on Forex:

If it was easy to make money on Forex, everyone would be doing it. Forex is one of the most complex and difficult markets to trade and you can only make money if you’re good at it. The only way you can make money on Forex is to educate yourself and work hard on it.

I agree with you, mistakes beginners in forex trading forex is they think it is an easy place to make money, but they do not really have the knowledge and skill in trading forex. it allows beginners to become less consideration and analysis in decision making when trading forex. that's what makes beginners suffered losses in their trade, and it is also my experience.

[sarker]

I believe that the mistake like avoid cash managerial when trading and avoid greed is extremely useful for the forex traders and that they should strive to not build this sort of fault and i imagine at the top they're going to be profitable for this.

[waqar arif]

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

Thinking it�s easy to make money on Forex:

If it was easy to make money on Forex, everyone would be doing it. Forex is one of the most complex and difficult markets to trade and you can only make money if you�re good at it. The only way you can make money on Forex is to educate yourself and work hard on it.

[quine]

i think Forex is a business because here occur sell and buy event. Again it also belongs the lose and profit. now i wanna say that this is business and obviously its not a job. although i didn't get any money from this, its the earning way i believe so this is business and not any job.

[Belal87]

newcomers in forex trading loss their capital for lack of knowledge and aggressive trading mentality. Forex market is the most risky financial market in the world so traders take trade very carefully