Mistakes to avoid for beginners.

[mou3ad15]

I totaly agree with you my friend because tthis is the most raisons that makes the new traders fail and lose their trades , specialy "The lack of experience" I think that this is the most important because it is the only way that makes the trades be able to earn their trades

[boniez]

many reasons for sure, but I think if the trader knows that the danger to them then they should be able to overcome it, anyways most of the emotional problems that exist at all is the same trader.

[kakuly]

Mistakes to avoid for beginners

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

well friend, i think mistake is the main enemy in trader. but true is, most of trader not fight with his mistake. some trader create same mistake again and again. they never learn by his mistake. and become loser at last time.

[khalid.sumon]

I agree with you. We have to remember always that failure is the key to success. So go ahead by mistaking. No problem. Learn from mistakes. You will surely succeed in a day.

[mojcris]

I think beginners have to avoid being emotional in the market, also I strongly recommend you not to trade when you are busy or sad or tired , because you are in a bad mood and act on your anger or such a thing then you may lose you money .

[blackmask982]

it is a nice thread . i really like it . from the thread a newbie get how to reduce his loss . also he find the path of success . many traders mistake same things again and again . they should avoid those things which can harm on his trading

[hanna]

Yea I agree with you.We should all trader maintain a rules.But some time we can not maintain it.So then we are take loss.Some time it maintain so heard becasue when the market against me then we are very infused in this condition then we can not proper disition.

[fxlover]

you are absolutely right. when new fx trader lose several time then they try to buy EA or signals without investigating their mistake. to success in forex market at first everyone try to understand his fault and reality. if newbie can remind this problem i hope they will not be loser.

[isbhacker]

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 forex is risky but many of us make it more risky for ourselves by using high leverage and high lots in our trading and that is due to inconsistency and lack of discipline which is biggest problem after making trading plan.

[manikah]

aimless trading is best mistake for a new trader.Yes when you long time forex trading then may you make some mistake but remember you from every mistake you learn more or less.To avoid mistake must follow one well furnished trading strategy and keep your mind on it as a fixed condition.If your strategy is good you must earn some or more money today or tomorrow.