Mistakes to avoid for beginners.

[Lia]

There are many mistakes done by traders but most important of them are greed and emotions and not taking or making trades with proper money management.

yeppp right, greed and control of emotions we have to keep in anything like this circle is not just forex trading, but the mental effect is very big over there ...

[5starsabuj]

In the Forex market new trader can be get some facilities another do not get .
If a new trader start with mistake often he doesn't suffer with problem.
Even he can get more profit as he expect.
Often new trader has no experience and proper knowledge about the Forex trading market.
So if he done any mistake he has no restriction .
So every new trader should be care full about it.

[hitesh]

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

[shamtek]

for my profits are that first I put Stop Loss to all my trades and moreover I have my trading strategy based on both technical analysis and fundamental analysis and last but not the least I try and control my emotions such as fear and greed and then go ahead with my trade based on my strategy and analysis.

[kaji]

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

ten points mentioned above are things we should avoid when trading in the forex market if we want to survive and become a professional trader in forex trading, so we should take note and pay attention to the ten points when trading.

[tariktanjaoui]

i think there are many peopels they think the forex is very easy to make money but when they invest their money the loss it all in few hours because lack of knowledge and experience so the forex is a riskly business he need a good understanding and more practicing to mak abig amount in a short time .

[Tozammel]

Beginners do mistakes which is not accepted for trading.
Mistakes should be avoided for better and profitable trading.

[Rizwan]

Most traders I know fail likewise as a result of indiscipline and a lack of patience and character to adhere to rules guiding the trade. Hence it pays with profit if traders trade with all there decisions on the market depends on the ability of the traders to stick to discipline. The importance of these attitude in the forex trading arena matter so much in determining whether a trader will do well in terms of being successful in the forex trade. So, to avoid making losses and failing, the trader should work on himself.

[Razu]

Mistakes avoid is not possible for beginning time . Because it is very risky business.Mistakes is the part of business.But if you avoid mistake first you will start must be demo trade and analysis.

[traderapes]

The most common mistake is the lack of a trading plan and a real lack of understanding of markets and lack of knowledge and greed to earn more in less time and too many open positions