Mistakes to avoid for beginners / Opening too many positions.

[tusra]

Yes i concur inside u , with regard to beginner when i advise to be able to avoid opening many deals so Equally to help focus sole on your current trade AS WELL AS never disperse yourself coming from quite a few trades , your can be useful ALONG WITH may limit further losses intended for you on birth of your precise trading .

[Rizwan12]

Meri beginners ko yehe nasihat hai k wo demo main zayda se zayada kaam karen beginners ko demo main must kaam karna chahye demo account beginners k leye buhat he best hota hai..

[anurey78]

It is dangerous for newcomers to trade at multiple positions at the same time because they don't person the get of the marketplace.
Foremost a initiate moldiness commencement wilt minimal capital and must say the industry's behavior. He moldiness realist the part of the industry and use his wit to test the earn departure condition. After getting some experience he can play at more than one place at a time.

[darkboy]

I agree with you that he does not have to be open a lot of positions
We must focus on only one pair so as not to distract the
focus and then lead to a loss so we must focus

[anahita]

too much the position is very dangerous as well, because we will not be able to continue to be vigilant. it is better if we use the position slightly, maximum, and also safe, so then everything will feel lighter.

[omolroy]

We have to avoid from greedy because if we are greedy in our trading , we will set big size not in the right time so we will get big loss and we wiil get margin call in our trading account . we have to patient in our trading account.

[abu.naim]

Forex is the best for the student.I think that if we learn something or another tool to manage the trade, we can easily manage several positions since we opened our position and use it for couples more trade that most new traders are not sufficient for the trade. I think we should go step by step.

[moniakter]

I think if my partner and i know several tool exactly about trade management when compared with my partner and i could handle further positions because the When my partner and i open in excess of individual place ALONG WITH UTILIZE additional pairs for trading in comparison with almost all connected with new traders remain fail for you to manage your own trading. my spouse and i think my spouse and i In the event that go step coming from step.

[fxgm]

I agree with u , for beginner i advise to avoid opening many orders so as to focus only on your trade and never disperse yourself by many trades , this will be helpful and may limit more losses for you at start of your real trading.

[fxzahid11]

2) Overtrading - Trading often with tight stops and tiny profit targets will only make the broker rich. The desire to �just� make a few hundred dollars a day by locking in tiny profits whenever possible is a losing strategy.

3) Over leveraged - Leverage is a two way street. The brokers want you to use high leverage because that means more spread income because your position size determines the amount of spread income; the bigger the position the more spread income the broker earns.

4) Relying on Others � Real traders play a lone hand; they make their own decisions and don�t rely on others to make their trading decisions for them; there is no halfway; either trade for yourself or have someone else trade for you.
zahid