Mistakes to avoid for beginners.

[sharabela]

Really wonderfully written article. I must thank to you on behalf of the beginners. When I was a beginner, I used to make these same mistakes with my demo account. Now with some experience, I do not make these mistakes so often. Nevertheless, still this kind of article is very helpful for semi experienced traders like us and of course for the beginners as always.

[asadkayani345]

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

meray khayal mein new forex traders ko aik achi amount invest karni chahiyay and un ko low volume k sath trading karni chahiyay and loss ko dekh kar ghabrana nai chahiyay and profit ko hold karna chahiyay

[kolpona]

Participate in charged trading plays a star attempt here, hence a newbies should try to get the have with cents chronicle. Often traders appear start with overconfidence in lively trading and usage the money management rules superior to failure in trading and further amassed losses strip to margin ring.

[lap]

All the beginners tend to make the same mistake and not knowing about Forex is one of the mistakes that all the beginners do. I think that trading in a demo account is also one of the mistakes that the beginners tend to do.

[rubelbclt]

Major of them are: Making to quick invest without doing trading in demo mode. Beginners shouldn't do foolish quick invest. After converging to the rules of trading one should invest and do real trade. Of all the patience is the main force of one's success.

[0n0nt0]

On trader can avoid mistakes in a day. It takes a long time. So, beginners must have few mistakes in their trading. But it can be reduce by trading in dummy accounts. If a beginner spend sufficient time to trade in dummy account and correct his/he mistake, he/she will be able to maintain minimum mistake in real trading.

[oscar]

beginner traders always have the hope to get a lot of money in forex trading ..
so they often do gambling with their account ..
many beginner traders have been getting upset because they had mistakenly treats forex trading

[torquee]

there are many mistakes that there are in the forex so we have to avoid those mistakes in teh forex and we have to learn the lesson from the forex mistakes that we make in the forex and then make the best trades

[liyonala1988]

Totally agree with you. you explained the all mistakes in here. According to my knowledge I think lack of proper practice and confidence in yourself. Just avoid these mistakes if you want to success in Forex.

[hotshotboyz]

In my opinion most newbie trader have lack of experience trader should trade on demo account to gain experience, When trader trade they should discipline and patient. Trader should use good money management system when they start trading.