Mistakes to avoid for beginners / Inexperience.

[trading4life]

in my point of view , the wise idea would be to first gain enough experience before putting your hard earned money to trade. and it cost me too much.if l could keep my savings until today l could make better profit rather than losing all of them.

[Ahsan Ali]

man demo is the window to trade if u think u can loss trade in live and then get some emotions than u r wrong, u can also get emotions abut the demand is to feel the demo like real, if u do this than u behave demo just like live...

[Shafiq]

From My opinion,I think they should avoid using high leverage and investing large capital since it will be too risky for them to bear if loss occurs.the best way is to use demo account until mastering ourself with a strategy and that is the time we can start to trade live.so beginners should avoid using high leverage and investing large capital they should initially focus on learning things and trading.

[yum]

the new traders will have to realise that they have the best business in hand so they must not ruin it for them asn they must start to learn the business of forex trading first and then trade

[saviour196]

you are right some of the beginners repeat these type of mistakes and in return got loss so they should avoid these and try to work with patience and strong analysis.

[sammy]

the most common mistake which is made by a beginner is that they dont realise what will happen if they lose 50% of their account at single trade at very small fluctuations. they risk very much and may win a few times, but when face losses, they get doomed.

[romannil]

The Forex trading has an important part of learning. However, whereas when learning to play guitar, for example, there is no risk of playing wrong notes, in forex, we risk jeopardizing their savings. Learn by doing, by making mistakes and trying new strategies is clearly not a good approach to start trading currencies and gain the skills needed to earn money.

In fact, all forex brokers offer a demo version of their trading platform that allows traders to train and learn "in real market conditions." When you open a demo trading account, you are totally free to use as desired play money supply to your account.

With a demo account, you can understand how the market, especially in moments of tension, without risking your capital investment. However, you must understand that we must use this account wisely if you hope to gain something. If you open a new trade without understanding why the previous trade was a loser, you're just wasting your time. Ultimately, this is unlikely as you bring disappointment. Enjoy consequently demo accounts, even open one among several brokers to better understand the market and formulate an effective strategy.

yeah always trade with demo account seriously. to trade with demo account some times you can face some problem.and try to get rid from those problem by yourself.thus you can learn some things.and always keep that in mind.

[cultus123]

the content given is a must read for a newbie plus i suggest in this regard avoid using high leverage and investing large capital since it will be too risky for them to bear so move slowly and intelligently

[mahbubkhan]

a beginners must be aware for their mistake. because a mistake can easily broke their hart of hope. so be careful always .

[syedraza]

In fact, the money of those who use the Internet to gather information from the computer and internet knowledge means an income for people. Thus, on a different line forex trading forex subjects sources of income through fun. This is a wave for a long time many people in India is a place to earn money. Sufficient incomes and resources for students and staff. This is a game.