Mistakes to avoid for beginners / An excessive leverage.

[minok]

well personally to me I do think that beginners make a lot of mistakes in the start because at that time they do not quite understand the trend they should go for high leverage because the loss can be big

[sino]

yes dear I also do believe that it is very important to avoid loss in forex, it is very important for the new traders to know how to use leverage and make more income in forex, we have to keep our mind positive in every trade that we are doing, as new traders we have to learn well.

[gin]

dear I always believe that in forex business using a high leverage is not advisable specially if you are a newbie trader, I suggest you use the normal leverage of 1:200 for trading. just trade 1 pair at a time and make sure you use proper SL and TP.

[sayinifx]

trader ko excessive leverage loss ho hoga yaha par trader ko high leverage kaise manage karna hai yah pata nahi hota hai agar karte hai to wo bahut loss kar sete hai, ess business me bahut kam trader hai jo high leverage me kaam karte hai.

[fxmoney]

when you try to trade in the forex market with high leverage you must have to understand that you have to trade with lower lots so that you will not lose your capital very easily so try to trade with proper money management always

[dafi]

well of course I actually consider that leverage is like a multiplier as the name suggests it multiplies your profit as well as losses, at the beginning traders do not know what is better leverage and wrong choice may lead to even margin call.

[xaxi]

well of course I actually consider that high leverage is actually a double edge sword, so novice should never take high leverage. it is only for those trader who are used with it that is for experienced trader only! high leverage can give accelerate the blowing of your account. so i think for newbies 1:100 is the best leverage option.

[wonggo]

Many other mistakes that beginner need to aware about, but using high leverage is not a mistake for me. I trade using high leverage also, and i think it is not mistake, but give me many benefits. so it is not a matter at all if we use high leverage

[ity]

well, in fact strongly believe that most common mistake for new trader is hey do not learn well about forex . New trader have to practice in demo account and they must learn to analysis . Forex is not an easy way of making money , we must work hard to be a successful trader .

[dafi]

well of course I actually consider that that i agree with you statement but problem is that when beginner start their trading they can not understand what they want to do in the Forex market.