Mistakes to avoid for beginners / Lack of Discipline.

[Chelsea91]

discipline is gained when you spend long time in Forex and get experience and make many successful trades along your career, so you should trust in your analysis and make many profitable trades by it to get self-confidence

[zezoo torky]

This almost all of the newcomers fall short for making profitable investments given that they have no strategy and also descipline on the investments they are doing.

[atjashim]

To be a disciplined is an need to be able to recognize the desire business success in Currency trading. Many Beginner investors get errors in currency trading business because they are not able to apply self-discipline in there trading strategy.

[demitri86]

exactlly , trader without a personal plan is like a Tent without pegs he will fall Sooner or later and he'll lose all of his money , so if i can't set my plan why should i enter the forex

[wulandari]

beginners are still a lot of mistakes because pegetahuan and have not had a good experience so they do not understand what they should avoid and yet well understood market analysis so beginners should study hard to succeed in forex

its ok if you are still lack of forex knowledge, but you need to keep learning everyday, so you can gain more knowledge and experience, remember to practice with real account even only cent account

[mohamed4]

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.

Most dealers in the foreign exchange market have their decisions to enter and exit trades governed by their emotions. Instead of focusing on plans, allow their feelings to their intuition tyranny on position when trading.

[Chaudhry]

mistakes to ho he jati hei koi bi ker sakta hay expert bi mistakes ker jatay hei leken newbies ko apni mistakes say kuch learn kerna ho ga or next in mistakes say avoid kerna ho ga or discipline ko maintain rakhna ho ga tb ja kay wo achay traders ban sake gay.

[richard]

be a regimented investor is an responsibility to be able to achieve the desire of company success in currency trading many beginner investors have not in currency trading company because they cannot apply self-discipline in their trading activities.

beginners are still a lot of mistakes because pegetahuan and have not had a good experience so they do not understand what they should avoid and yet well understood market analysis so beginners should study hard to succeed in forex

[okta]

you must make your correction from your mistakes. The common mistakes for beginner in forex trading they don't learn about forex trading properly and don't have a good strategies to handle risk and loss management. After that losing control over greed is another very common mistakes by a forex trader. Lack of disciplines, lack of learning and lack of consciousness all these factor makes a trader in a worse position.

[callmesam]

discipline most important for every trader without this thing you cant do well in forex trading its very good thing easy for making strategy .
but people doesnt have any disciplined and do trading with out any startegy. so try to get disciplined and have knowledge