Mistakes to avoid for beginners / Inability to manage orders.

[dafi]

My dear, for me I absolutelly do believe that if we lose a lot of money then we must learn to set a good moneymanagement, we must practice in a demo account so we do not lose a lot of money, which every beginner will experience loss and difficult to generate profit,, but it's a challenge for us to be successful.

[mix]

of course, strongly I think it is very true that beginner face mistake in forex market because of lack of seriousness and it result he get loss .he also have not proper knowledge of forex market.they do not know how to behave market .they practice first of all on demo account for develop of trading skill.

[eniolafxt]

The newbie should avoid to over trade the forex market trading business so that they will not lose all the capital and also the little amount made in the forex market trading business.trader need to also have a good strategy to earn in the forex market

[Diksha]

never shy to close the loss position and always watch you margin. this is more important and if u in profit please lock the profit with stop loss profit or trailing stop this to prevent you loss. always make destruction to the capital and this is not the newbies only even many professionals are making the same mistake mainly when they lose in position.

[shahid079]

the first and the basic mistake which a newbie do is that he dont care about the trend he just entered the market without watching the trend and then he stuck in it and get loss so it is better that before starting any trade you should must have a clear signal about the market trend.

[Salufx]

When you place a market order and leave it open, it means you enter a trade at market price without instructions to close the order. In other words, you are playing with the total value of your account. In order not to lose everything, he is urged to set up stop loss at each position opening.

For example, if you are long on the GBP / USD, you can set up a stop loss that will automatically sell your position if the rate drops to a certain level, pre-determined. Thus, you can significantly limit the amount you can lose on a given trade, even if you are unable to sit at your screen all the time.

Similarly, take-profit orders can guarantee a profit by liquidating a position when a predetermined price is reached. So you only need to identify the price at which profits will be taken.

[sayinifx]

Beginners ko market me mistakes avoid karne ke liye trader ko achhe se knowledge aur experience banani chhaiye aur trader ko yaha par apne account ko kaise manage Karna hai uske knowledge hona bahut jaroori hota hai tabhi trader achhe se apne account ko mange kar sakte hai.

[sino]

yes bro, in trading forex, i strongly do consider beginer feel not confident when make open posisition, so they make mistake , so more better newbe must be learn first in demo account. demo account is very important to learn about mt4 platform, technical and fundamental analysis.

[zani]

my dear personally to me I do consider that beginners have not knowledge and experience, therefore they should avoid from the mistakes lest it should become their habit. It is necessary for them to avoid from even little mistakes in their early career.

[sarfraz786]

in this trade when you are trading and place an order and you leave it for profit it is not an experience trading you should have experience of trading and do not make mistake like that then you are able to earn profit from this trade