Mistakes to avoid for beginners / Inexperience.

[kiran]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

[Maham Gill]

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.

biggnar trading apni mistake ko avoid karta han esi waja sa to wo boht sara profit eanred karta han trading sa or boht kam loss earned karta han kafi newbie members bhot zada mistake karta han.

[ermaniso2011]

l think 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.but the biggest mistake of the newbies is when they hear about forex and the earning potential of it then they are in a hurry to trade live without knowing even the basics.so l was one of them 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.

[newentry]

but we have to be careful too to learn and practice at demo account, because we just build a habit and we will bring it at real account, and how if we take a wrong part and then become a bad habit...so will happen at real account ?
the firs mitakes happen when the newbies come and use the virtual money too big at demo account, and they willl alays win for their trading because they did not realize that big capital can handle big flosting minus and then touch their TP, so it will become bad habit and they implement it at real account, we know for the result, we often heard that some newbies get suffer for it

[waleedkhan]

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.

mujh lagta hai kay forex may newbie kafi mistakes karta hain kion kay un kay pass koi experiecne nahi hota hai aur na he koi achi knowledge hoti hai un kay pass is waja say woh kafi mistakes karta hain aur kafi loss ka samana bhi karta hain..

[Shahriar]

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. so beginners should avoid using high leverage and investing large capital they should initially focus on learning things and trading.

[fxquest]

It is not that experienced traders do not make mistakes but those are rare and those inexperienced are proved to do mistakes and so they lose often, the wise idea would be to first gain enough experience before putting your hard earned money to trade.

[Nabi Ahmed Gill]

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.

de mistake ho hote he hote ha chayia wo expert or experinece shouweda members he q na ho es laya muaaja trading main mistake bilkul be passand nahi ha es lay mian mistka ko bilkul be passand nahi karta hoon or man boht sara profit earned kanrna chayta hoon or kar be raha hoon lakin ya jo mistake ha ya mauja boht tang karte ha.

[deep thought]

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.