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Thread: Mistakes to avoid for beginners / Lack of Discipline.

  1. #1068
    Member kolwampsak is an unknown quantity at this point kolwampsak's Avatar
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    The Commitment and the discipline, if not the round its not the balles...And if the OP is trading a 10 times and breaking the rules and strategies that have been setted, then it is not disciplines, it was a mistakes. learn hard on yourself to be able to disciplines yourself. for the sakes of the progress in the improving the quality of the trading !

    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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    Member kameljoualwa is an unknown quantity at this point kameljoualwa's Avatar
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    The great plans a depend successfuly of yours business. nothing can be done without disciplines...The forex is very disciplines a trading. it follows disciplines all times . lacking of discipline that does not mean receive in forex trading !

    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. #1066
    Junior Member waleedk is an unknown quantity at this point waleedk's Avatar
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    Quote Originally Posted by deep thought View Post
    A trading plan is only of value if you have the patience and discipline to follow it. Follow his trading plan is difficult, it is undeniable, but it is a prerequisite to succeed in trading on the currency. While exchange rates change, you will be taken quickly in the market and you may, at any time to lose your control and make irrational decisions that do not match your original trading plan. For example, if rates move upwards, exceeding your original order take-profit, you will be tempted to hold your position any longer to benefit from rising. The opposite pattern works in the case of a rate cut. However, is that such scenarios make sense? Indeed, if you took the time before entering the market, to establish levels of loss and take-profit, how market conditions have also come to change abruptly to negate your original goals ? Are you sure you not rather act out of emotion, believing collect a uptrend or a downtrend that does not really exist?

    That's why a trading plan is essential: it allows you not to get overwhelmed by your emotions, especially during periods of high volatility.

    Of course, a trading plan may be amended, depending, for example, your overall objectives. However, do not change your trading plan in action.

    Finally, it should be understood that the best trading plan is sometimes ineffective in times of high volatility. Sometimes it's better to temporarily withdraw from that market to flog a dead horse.
    app na bilkul sayi bola hai bro aur may app ki baat say agree karta hun aur beginner ko chiya kay woh is thread par amal karain taka woh apni galtyion ko sayi karah sakain aur woh aik achi trading karah sakain.

    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. #1065
    Senior Member asomma is an unknown quantity at this point asomma's Avatar
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    I agree with you completely because novices do not know what they will do in the beginning??But there is a common mistake rolling does is open a real account without start learning at the expense of a trial which is a very big mistake among novice 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.


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    Member hafizjawad is an unknown quantity at this point hafizjawad's Avatar
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    most of the beginners do not know the rules and discipline. Discipline is the key to success in life. In the beggining they do not follow the rules and then they can not trade in the forex, and they banned by the administrator

    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. #1063
    Senior Member tapuu is an unknown quantity at this point tapuu's Avatar
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    It is hardly true that the one of main reason of making loss of the biggener it that they make too much mistake. Because they are new in the market and they have no idea about the trading market. So maximum time they take worng steps. They should maintain more decisipline in trading then they can earn form the 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.


  7. #1062
    Senior Member usamadx is an unknown quantity at this point usamadx's Avatar
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    folowing are some mistakes which have to avoid new traders:
    1. Don't Day Trade or Scalp
    2. Avoid Most Forex Robots
    3. Snatching Profits to Soon

    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. #1061
    Junior Member jdajjda785 is an unknown quantity at this point jdajjda785's Avatar
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    I find that It should be understood that the best trading plans is a sometimes ineffectives in the times of highest volatility. Sometimes it's better to temporarily withdrawing from that markets to flog a dead horses !

    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. #1060
    Banned beautifulrose is on a distinguished road beautifulrose's Avatar
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    A lot of new traders in this business never do the hard study for making profit. Always familiar with all necessary things to gain the money.

    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. #1059
    Senior Member ForexLover will become famous soon enough ForexLover will become famous soon enough ForexLover's Avatar
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    Well forex is risky and complex business so due these traders make mistakes and you must avoid from them and also get lesson and never repeat the mistakes again in forex business like, greedy, fear, overconfidence and over trading and trade with out basics knowledge.

    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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