Mistakes to avoid for beginners / Lack of Discipline.

[Pe001ter]

I think forex is a better job.then trade with good discipline and patience...
planning is like the blue print and guide when the trader in the market then they will know what should they do in there..and also there are some options better job���������������

[ramichowdury]

disciplined is the main key of successful life. but newbie can not trade with disciplined from the first time. they made some mistake and fall in loss when they trade for first time. ****ually they understand how to trade and how to be disciplined. It needs discipline in every moment. Lacking of discipline by no means accepted in forex trading.any indiscipline and against formula is occur here loss becomes unavoidable.so, discipline must be maintained for beginners as well as good traders.

[malik]

Discipline na hona koi mistake naheen hay balky ye to aap kay pass aik mindset ka na h ona hay jo kay aap say various mistakes karwata hay, sab traders ko chahiye kay wo positively trade karny kay liye apnee trading main discipline lain.

[Matrix]

Yes i do think so, these are some major things which we should totally avoid during our trade, i think the traders should maintain balance and discipline in their trades, i think the discipline is the most important thing not only in forex but in all sectors, it is the key to success so the traders should be confident and well disciplined.....

[ghanchifarhan]

newbies mostly come to forex directly and trade also without any experience.
and if loss occurs then they can not able to control so first they have to learn it.

[modo]

OK, Create planning and after that trade with sensible discipline and patience.,.Planning is such as the blue print and guide whenever the trader within the market then they actually can understand, What ought to they actually do in there., . and likewise there will be a few choices in the event the planning isn't work...,

[riza setyawan]

कि बहुत कम व्यापारी ध्यान केंद्रित कि पैसे प्रबंधन पीछा कर रहा है पर सबसे अच्छा या लोकप्रिय गलती.
यहाँ हर एक के लिए जल्दी और तेजी से पैसे बनाना चाहते हैं तो वह जोखिम और उच्च बहुत आकार के साथ व्यापार ले. परिणाम बहुत बुरा है वह सब राशि खो दिया है. तो पहला नियम यह है कि पैसे के प्रबंधन का पालन करें.

[tamimkhan]

Experience worth it, unless the errors are small losses of a small batch of commands.
Beginners should never be a huge celebration at the height of the expectations of huge profits, but a deep knowledge of the market.The real reason is money, all this is to make money and forex will give us a good way to earn money.

[dewik79]

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.

Mistakes are not just about discipline, but many of them are not aware they are beginners. They are trading blindly, and trade without rules, and do Overtrading. They are trading at a very superficial knowledge.

[rubel.09]

Now a days many people are talking about the diciplan but i did not find any thread or post yet which define the reality that how to maintain the disciplan and some times it become difficult because seniors did not share their success stories. If seniors do this than forex become more easy for us. good job............................................... .................................................. ....................