Mistakes to avoid for beginners / Lack of Discipline.

[mojcris]

you are right , I agree, the lack of discipline is very effective on our loss trades, this is because we don't manage our accounts and we are not experienced enough, this is why we are always telling that experience is the most important factor. you have to experience it to be able to descipline yourself and your account.

[ahsankhan]

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.

may samjhta hun kay beginners ki sab say bari mistake yah hoti hai kay woh jo hain emotions ko control nahi karta hain is waja say woh bohut loss karta hain market may...

[darksaimon]

i think the mistakes create traders in the forex to be competent to reach a opportune percent of profits, but they withal see that they are leaving occupation at Forex and are e'er looking for the quotient of graduate risk that the trading in the Forex without the decorous mindset

[muhammadusmankhan]

the most common mistake that a beginner trader makes is having a lot of emotions and does not know how to control it and the worst is feeling over confident and excited after having some good profits the beginners starts to think that it is easy and he can make all the profits and get excited and in that process one bad trade and they lose their account at once.

[golam rabbani]

every planing module can be possible which i want so i think a perfect trading plane can be safe your account help to get a huge profit.

[nigar]

Self-disciplined could be the principal important regarding productive living. yet novice can't business together with self-disciplined coming from initially. they will produced several blunder and also tumble inside damage if they business regarding first-time. steadily they will discover how to business and also the way to become self-disciplined.

[ajit rawat]

we usually call some people begginers coz they new to the environment, of which we are talking about..so they usually make mistakes which are very foolish kinda...here they should consult there seniors and should know about some of the facts of trading so they can avoid there loss and enjoy there profit

[e001]

many traders make more mistake at the time of the trading and do this trading indiscipline but i think that traders who make more mistake and do this trading indiscipline they will not go a better position.

[ahmedi]

yes dear the very important post for the new traders i think the new traders take the loss due to the above reasons i think the traders are the think about that

There are people who do not have faith in their abilities and in their capacity to learn to trade successfully.All need to learn including forex trade. I am sure any of individuals who need constant reassurance before they take any step by step towards their goals.

[zeshan]

yes dear the very important post for the new traders i think the new traders take the loss due to the above reasons i think the traders are the think about that