Mistakes to avoid for beginners / Lack of Discipline.

[aladinfx]

it is a prerequisite to succeed in currency trading. While the exchange rate changes, you will be taken quickly in the marketplace and you can, at any time lose your control and make irrational decisions that do not fit your original trading plan. For example, if prices go up, beyond your original order, take a profit, you will be tempted to keep your position even longer to benefit from the increase. The opposite pattern works in the case of interest rate cuts. However, does such a scenario make sense? and this requires strict discipline. Lack of discipline is the biggest mistake a trader can make. Even if he wins a few dollars at first, it always ends up losing everything because of this dangerous attitude

[wosh]

forex is a work of goods and work now everyone like him forex and income better money for work now everyone likes to work and mistakes to avoid and newbies and due to lack of discipline of goods for a job now everything is like him a job and money earning for work forex and Forex for very bad mistakes because if you do a lot of mistakes a lot so your trades become very very dangerous so mistakes do very good avoidance for every trader. If you avoid mistakes so your novice's dream is to be right.

[hulu kuda]

Yes you are right there are many threads that we found saying that lack of discipline destroys money. Discipline can be called as some rules of yourself. As you decide that you will take maximum 10% profit and will experience a maximum loss of 10%, it can be called discipline. But sometimes you fall for not obeying the rules. In addition, you create your own trading system, like where to go in, which indicator you will follow, this can be called discipline but sometimes you avoid discipline and become looser. Thread opening opener is completely acceptable. and a beginner's mistake is to ignore money management. Having good knowledge about money management helps in deciding how much money to put into trading. Beginners should not make a mistake by ignoring money management. Good luck ...........

[shoaibashraf455]

yes forex trading ma discipline ka hona bohat zaroori ha ... Hamary wo bhai jo ka new atay ha traders per wo bohat josh ma hoaty ha aur dicipline ka bilkul khyal ni rakhty ha jis ki waja sa unhay loss uthana parta ha.. kiun ka forex trading a josh sa ni hosh sa aur smart tariqay sa kaam karna hota ha aur agr hum kaam axhay tariqay sa ni karty to hmay loss uthana parta ha yahi waja ha ka hmary new commers jo forex per atay ha unhay na to koi experience hota ha aur na hi koi discipline hota ha jis ki waja sa wo log invest kr ka nuqsaan uthaaty ha thankx

[VGA]

Minimal capital and short-term trading ....... Most new traders start trading with minimal capital with the lure of big profits. This helps us prepare enough capital before deciding to trade. Suppose you as a boat captain, with the larger vessels you have, and young traders or beginners are usually more concerned with getting big profits regardless of risk. Beginner traders often tend to think about how money will "bear fruit" as soon as possible (short term) and not think long term investment goals. and forex is a type of trade where we earn large sums of money. but also risky business so many traders fail in forex even I failed in forex. but I also try to be a successful trade and for that I have started trading on demo accounts that have helped me a lot. a demo account has given me a very good idea and concept.

[sakigbest]

bigginer ki sab sa bri mistake ya hai ka w3o lach kartay hain jis sa un ko kafi khat tk losdss ho jata hai or un ko kuch milta b nhi hai iss sa phr un ki kam karnay ki rutine main b kmi aa jatai hai

[diantara]

Yes, I agree with you, for beginners and beginner traders, a common mistake is the excitement over direct trade. but they do not understand that forex is now a very easy platform so it requires education and good skills to get it. So for emotional trading and over earnings sentimental make them lose. so to overcome that obstacle, you must first learn strongly. and From the past history of my experience I can say that the discipline in forex trading is the key to success that every day you sit in the market and analyze the market and make trading decisions based on your analysis. You should always follow all the rules of trading smoothly, never frustrated and control the emotions.

[Zain4321]

In every business if you want to be successful businessman you have to make discipline and Management and also planning for profit in forex business v want to successful we have to make our planning over discipline if we don't we will lose our money

[combantrin]

Now the period of many people refers to self-discipline but I do not find a line or publish anything that determines the truth that how to maintain self-discipline and some of that period becomes challenging because parents do not discuss their testimonials. If parents do this than currency trading becomes more likely for us. and Beginners should remember one thing that nothing can be done without maintaining proper regulation. Forex trading is very responsive. Required settings at all times. Less discipline does not mean acceptable in forex trading. any indiscipline and to the formula occurs here, the loss becomes unavoidable. So, discipline must be maintained for beginners and good traders. I think the same.

[sanjay okta]

TIPS FOR BEGINNERS ... The main difference between winning and losing day traders is the ability to exercise discipline to avoid mistakes or .... Lack of Discipline ... There are some common disciplinary mistakes that parents make when ... it is important for parents to learn about these mistakes so they can prevent ... Learn how to avoid parental errors ... Deficiency in Clear and Consistent Rules and I think forex is a good job. The new beginners make is to ignore money management. Having good knowledge about money management helps in deciding how much money to put into trading. Beginners should not make the mistake of ignoring money management. Good luck .