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

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    Senior Member rismayanti is an unknown quantity at this point rismayanti's Avatar
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    Its very sensitive business, newbies ought to preserve discipline on each motion of market some other wise this will end up being harmful to the confident people. another factor is actually these people ought to be well ready with regard to subsequent and subsequent trade and these people ought to be confident.

    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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    Senior Member gedefx29 has much to be proud of gedefx29 has much to be proud of gedefx29 has much to be proud of gedefx29 has much to be proud of gedefx29 has much to be proud of gedefx29 has much to be proud of gedefx29 has much to be proud of gedefx29 has much to be proud of gedefx29 has much to be proud of gedefx29's Avatar
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    In forex trading business, discipline is very essential to support our trading processes. no matter how much we learn but if we can not control ourselves then it would be useless. we have to be disciplined in the strategy that we have learned, discipline in our trading plan, our risk management and can control ourselves to not be greedy in gaining profit.
    if this is helpful for you
    please klik "THANKS" for my post

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    Junior Member genjing is an unknown quantity at this point genjing's Avatar
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    Quote Originally Posted by darkrider View Post
    First mistake is just to close a trade just when in profit and ignore risk management and after some profit start to think income through forex is just a piece of cake and thus greed enters in trading and ten sweep away all gain with the capital.
    first beginners in forex trading as a lack of discipline, so it is very-very important in case of forex trading. first beginners may fall in loss and they can not control the risk of loss. as a first beginenrs should try to trade with discipline..discipline can give a strong mental to make money

    ---------- Post added at 06:58 AM ---------- Previous post was at 06:55 AM ----------

    Quote Originally Posted by tedjboyka View Post
    The most common mistake in Forex trading is probably no plan and no clear strategy. Those who plan do not always respect scrupulously. But the best traders are doing exactly in strict compliance with their plan, they apply it to the letter. Whatever the trend provided by the market, they are positioned, place orders and close an accordance with the predetermined plan.
    The mistake is always to haven just to close a trade just when in profit and ignore risk management and after some profit start to think through forex income is just a piece of cake and Tus Enters greed in trading and ten sweep away all the gain with the capital.

    ---------- Post added at 07:24 AM ---------- Previous post was at 06:58 AM ----------

    Quote Originally Posted by vbalan View Post
    forex is market where a lot of financial term is used. so for the beginner first they have to obtain this theoretical knowledge and have to see that how this knowledge practical implicated in the market. and they have to more disciplined to use this terminology.
    a mistake is just to close a trade just when in profit and ignore risk management and after some profit start to think through forex income is just a piece of cake and Tus Enters greed in trading and ten sweep away all the gain with the capital.

    ---------- Post added at 07:28 AM ---------- Previous post was at 07:24 AM ----------

    Quote Originally Posted by moonzfriend View Post
    In forex absolutely arresting not do the aforementioned aberration as you acknowledge thereby fast. Possibly we absolutely charge to accomplish a detail activity about our plan and chase the plan neatly. I accept if you try forth 2 trading affairs that acquired MC. ,,
    The most mistake in Forex trading is probably no plan and no clear strategy. tBut the best traders are doing exactly in strict compliance with their plan, they apply it to the letter. Whatever the trend provided by the market, they are positioned, place orders and close an accordance with the predetermined plan.

    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 asimkhan123 is an unknown quantity at this point asimkhan123's Avatar
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    ap nei bilkol thek trha se samjya hai sab ko jo k senior hai khas kar on ko ye bat to bhot he kabily bardast hai k senior bhi apna sar belenc loss kry or hum jasy junior bhi to koi khas fark to na howa na ye ek game hai es mei kabhi kis ki jeet hoti hai or kabhi kis ki jeet hoti ku k ye sab luck ki game hai,...

    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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    Junior Member genjing is an unknown quantity at this point genjing's Avatar
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    Quote Originally Posted by dektovek View Post
    beginner loss in forex trading as a lacking of discipline, so it is a very important matter in case of forex trading. beginners may fall in loss and they can not control risk of loss. as beginenrs should try to trade with discipline..discipline can gives money
    yes i too have experienced this, where the forex trading experience floting push yourself to do the open position back regardless of the level of resistance and the margin account balance. so you must be have plan and strategi to open position in the market

    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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    Junior Member drnada2021 is an unknown quantity at this point drnada2021's Avatar
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    hallow A lack of discipline occurs while you are in the line of fire. Picture a new soldier who goes to military school, boot camp and engages in other extensive training. Then suddenly he finds himself in live combat for the first time with somebody shooting real bullets at him. Now consider an individual new to futures trading. He has planned everything and knows exactly what needs to be done in order to ensure his long term survival. Then he suddenly finds himself in a difficult situation, with real moneyhis moneyon the line. How people react in difficult situations cannot be known until that time arrives. Hopefully their planning and preparation will allow them to overcome any psychological obstacles.

    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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    Junior Member genjing is an unknown quantity at this point genjing's Avatar
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    Quote Originally Posted by fxlover View Post
    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.
    yes i agree with you
    because I had an experience in itself, not disciplined by the opening of lot that does not comply with the capital led to a failure in forex trading. so we must be so carefully to opening of lot to make your acount safety

    ---------- Post added at 06:35 AM ---------- Previous post was at 06:23 AM ----------

    Quote Originally Posted by bakr View Post
    Mistakes are leading to a lot of losses so you have to learn from mistakes and must try to avoid it later in order to reach profit Lalji you want from the forex market and also you should Tgahm good deal with the forex market
    exactly once, errors in conducting open buy or sell regardless of the margin available will cause harm even to final account balance
    so it is necessary to understand the market conditions and in the determination summary traded lot

    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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    Banned Alamgir Hossain is an unknown quantity at this point Alamgir Hossain's Avatar
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    I believe,disciplined is the main key of flourishing story.Beginners should mention one situation that is thing can be through without maintaining decent field.Forex is really sensitive trading.It needs correct in every moment.Having a neat knowledge about money management helps in determinative how often money to put in a exchange. Newbies should not modify fault of neglecting the money management.

    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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    Banned Shaut is an unknown quantity at this point Shaut's Avatar
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    The main key to a winning merchant in forex mart is punish when your trading. Activity relationships with unobjectionable but not the honours case. When they traded for the prototype moment they had unregenerate a few mistakes & going assets and for concealment preoccupied they urinate statesman error and departure all their chapiter. if you are punishment in your swoop you e'er espouse to your rules and win the content which you are aiming for.

    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. #5129
    Banned dektovek is an unknown quantity at this point dektovek's Avatar
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    beginner loss in forex trading as a lacking of discipline, so it is a very important matter in case of forex trading. beginners may fall in loss and they can not control risk of loss. as beginenrs should try to trade with discipline..discipline can gives 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.


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