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Thread: Mistakes to avoid for beginners/The absence of a real trading plan.

  1. #58
    Member isbhacker is on a distinguished road isbhacker's Avatar
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    Money making in forex is not just a work of night .You are right but a trading plan also consist of a good money management and a strategy and sticking to just one strategy and rules.It also consist of maintaining a trading journal So that you can review your trades later.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #57
    Banned sharabela will become famous soon enough sharabela's Avatar
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    You are absolutely right. Many beginners try being a millionaire by trading at Forex overnight. This is one great mistake. One has to be very careful and patient to make money by trading at Forex.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #56
    Banned SAMIYA NOOR NOVA will become famous soon enough SAMIYA NOOR NOVA will become famous soon enough SAMIYA NOOR NOVA's Avatar
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    many mistakes required for newbies in forex. they are:

    1)they don't do patience in trading.
    2)they become emotional and fear.
    3)they trade without making any plan
    etc.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #55
    Member mojan is on a distinguished road mojan's Avatar
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    If you are a beginner then you should know that you are not alone in this industry you should know that somet peaple have made it and others quite but one thing you should know is that you should have a strategy please do not trade with a trend.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #54
    Member Amitpaul is an unknown quantity at this point Amitpaul's Avatar
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    There are many good strategy here. I will give you a strategy that:
    If price goes the top = Sell entry
    If price goes the bottom = Buy entry
    I think that is the best strategy here.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #53
    Senior Member kobhokhan is an unknown quantity at this point kobhokhan's Avatar
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    yes before trading should we have to be a good trading plan, eg what strategies will we use, the market conditions as what we will do the entry and do not forget how much risk we are prepared to accept that we could order what we do loss.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #52
    Banned kiran is an unknown quantity at this point kiran's Avatar
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    I agree with you but I don't think that dreaming high is such a big mistake because only the traders with high dreams really work to get them true.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #51
    Senior Member tamanna is an unknown quantity at this point tamanna's Avatar
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    Actually you are right , but the most important thing is to learn from his mistakes so as not located not more than once, If ur dream is come to be a millionaire then u should to avoid mistakes.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #50
    Member hemaelsisy is on a distinguished road hemaelsisy's Avatar
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    greed it is the most thing faces beginner if any trader can solve this problem he will became successful trading this greed i thing it is hard to solving it couscous it is found in human so if we can solve it we will sucssed

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #49
    Member khaled6969 is on a distinguished road khaled6969's Avatar
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    Loss for beginners are the most currency traders who are new to losing repeat mistakes in trading a little knowledge of which repeat access without specifying the objective of profit and loss

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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