Mistakes to avoid for beginners.

[kaia]

It is better for a forex trader to be patient and develop the needed skills to succeed in the forex market. Same goes for acquisition of experience. Such patience is usually rewarding at the end of the day if the trader were motivated and devoted to succeed.

I agree with you, that a good trader, it must be patient in dealing with all things, do not hurry, because the impact will not be too good for ourselves. I always hesitate to take the decision, fearing to miss the market. But after that it is not well understood, and find the right solution, then I do not like that anymore.

[reynald]

there are many ways to make money, but there are more ways to lose money, so many traders are not profitable, the only way trhey can do is to find a way that really fit for him, then he can be profitable.

[sweetrevenge88]

If you win good profits in your trading refrain from thinking you are already a good trader and you already found the holy grail because am sure the next time you trade and you lose your account you will be depressed again. This market offers only two things and that is profits and loses. You will get both the two at interval scenario. Learn to accept that early so that you can always trade with a positive mind frame.

[ahmedi]

You are correct, maximum newbie in forex trading loss their capital for lack of knowledge and aggressive trading mentality. Forex market is the highest risky financial market in the world so here a trader take trade very carefully and analysis basis.

It is better for a forex trader to be patient and develop the needed skills to succeed in the forex market. Same goes for acquisition of experience. Such patience is usually rewarding at the end of the day if the trader were motivated and devoted to succeed.

[din_cacing]

You are correct, maximum newbie in forex trading loss their capital for lack of knowledge and aggressive trading mentality. Forex market is the highest risky financial market in the world so here a trader take trade very carefully and analysis basis.

yes..good answer..
i think Over Trading occurs when traders try to look for trading opportunities that are not really there. It happens to new traders very often, because they just want to trade. The result is usually a poorly executed trade that results in an eventual loss. Over trading can also result in traders making too many trades at once and using too much margin.

[mariyadaif]

thats right, i agree with you thanx for sharing us this useful information, because i think that the lack of the experience is lead always to the loss, and sometimes even the internet come a reason for our loss because when they cut we can not close the deal witch mean the losing sometimes

[foz65]

yes i agree with you. newbies ki loss ki yehi reasons hoti ha. or agar woh in sab ko avoid karay tu no doubt usay loss nahi ho ga. meray khyial say experience ki kami main reason hai jisay cover up karnay kay liye unhay chahiay kay start may kuch arsa demo account per trading karain.

[hassaan]

the beginners should not trade with a huge amount in the begining because they do not have allot knowledge about the market and the are not familiar with the ups and downs of that...

[wending]

Thank you so much for sharing us so many mistakes that we may make during we trade in forex.You see,I have ever made 3 mistakes that you listed above.I usually trade lack of discipline,at the same time ,I will open too many position and hold the losing postions too long,which lead me lost my account in forex.Now I am getting better,because I can control these mistakes well.

[Money hunter]

A beginner's guide to the basics of investing and business... made the basic principle to help me avoid these mistake.