Mistakes to avoid for beginners.

[soma03]

I do believe mistakes including avoiding income management as soon as buying and selling and avoiding hpye is incredibly a good choice for this fx investors and in addition they should do not create this sort of mistakes. By the end they'll be profitable just for this.

[Ruhini]

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, this mistakes are very common in newbie traders. They don't practice enough in demo acounts and start real trading before finding a profitable strategy that works best for them. As a result they lose a lot of money and leave the world of trading being hopeless.
I think that they should learn more and more about forex and start trading in a real account after demo trading for at least 3 months.

[janu]

i am concur with you every new comer must susceptible exhibit chronicle to wax whatever undergo virtually the marketplace see the foretelling and use it on the exhibit calculate solon e'er command your top

[gurmeet]

nhi aisa kise bhi haal me nhi karna chhiy mistak karke phir usse avoid karna ye sabse badi humare bhool hogi hum isme yadi galtie kar diy hain to hum usse sudharna chahiy usse ignor kar denge to wo galtie ek din humare liy problam ban jayegi .

[davy2]

There are things that you have to know when you are starter some of the are you should avoid are you should have the best broker that you can in that you should have tradeing in there demo then move to real account

[HeriFX]

Thank you for sharing in this thread, For the beginner not to do over trading because this will be at risk of a margin call. Beginners should be able to observe and share with the more senior trader.

[nayyara]

beginner trader should avoid treating forex as place to double your money in short time ..
some traders get fail in this business because do gambling .. they think it's easy to get a lot of money in forex in short time without learning process ..

[Hafiz321]

For a new comer, who wants to do his business, he should join on a demo account. So that he may learn first then he can be able to have his own real account. This practice will make him a good trader.

[baidi]

following mistake are often commited by nebies.they should avoid these
1 get proper training
2 do practice on demo account
3 do not take risk
4 trade with fresh mind
5 manage your capital

[dghethbe]

a beginner will usually do the high risk which I think you're better off using good money management in the sense meant a beginner iss n't allowed to use high risk so they can continue to survive .