Mistakes to avoid for beginners / Inability to manage orders.

[sourav327]

beginners in forex market cannot make good profit because they make more mistakes at the time of trading in forex market. if the beginners can avoid their mistakes they can easily mange good amount of profit from forex trading business.

[goggo]

Yes , I agree with you ,I faced a lot of cases like this and the result is a big loss in the end , you should always use the stop loss in your trading and don't play with the market , also set a take profit is very important because in a lot of times I find the market reach the target then it reverse completely.

[Hamz1]

well meri nazar mein tou ek beginner ko subsy bari is mistake se bachna chahiye woh ziada risk lena hai kiyunki ziada experience na hony ki wajah se aksar beginners ko bht ziada loss start mein hi hojata hai

[Muskan]

your words for Inability to manage orders no body talk about this because they experiance it but cannot figure it out as failure reason after some time market going to opposite position then he going to winning position then he get inspiration and motivation in forex trading

[zego ze]

and stop and target are not required only when you are out of your seat or not watching the market but they can save you from sharp moves that appear in market time to time and at such time closing your trade manually will need time and in that time your losses may grow

[Medo.Forex]

Over trading are the main mistakes usually Forex trading, and Forex traders need to maintain discipline and have to develop their trading skills too, 2nd common mistake is trading without proper analysis and also trading with greed because it most danger in Forex trading.

[Blast]

This is a very common mistake that most newbies make, unfortunately even some experiences traders claim that they so not trade with stop losses. But I think such a practice makes them become gamblers with their money.

[minok]

Well to me I personally do believe it is one of the main rule in forex.it deosnt matter if how near or far but you have to always use a stoploss to limit your loss and protect your capital.when we do not use stoploss everything can get out of control anytime and it is happening to most of the newbies everyday.l think it is rule number one for all of us.

[mix]

well my dear, of course I strongly think beginners do a lot of mistakes when they start this business. Mainly the mistakes which they do is they do not think about market price. If they just see that market price is going up they open buy if they see it's going down they open sell. But it's not right and another thing they want to make their account double in one day.

[kahenaforex]

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