Mistakes to avoid for beginners / Opening too many positions.

[erum]

1. Using Too Much Leverage
One of the biggest advantages of forex trading is the ability to use leverage or trading on margin. One of the most common mistakes that forex traders make is using too much leverage. Using too much leverage is when you have a small account balance, but make a big trade. If the market moves against your position by just a small amount, it can result in large losses. Commonly, the beginning forex trader will get emotional and nervous and close the trade for a sizable loss....

[khatoon]

When we have more than one oprders open we are unable to focus on both and therefore can either get less profit or face loss sometimes. We should open just one order at a time and focus on it completely and try to close it in profit and then loo forward to open another order.

[alizai1977]

Jin mistakes ki wajah say traders tradgin main loss kr jata hai unmain sab say bari mistake greed hai jis ki wajah say traders bari lot ki trade opoen kr layta hai aur ziada positions bhi hoti hain. tu jab loss hota hai tu tmam positions per ikatha hota hai aur uska balance khatam ho jata hai.

[exness123]

Yes i think business main mistakes har business ka hisa hoti hey isliye jo beginner hotey hain un se bhi kafi mistakes hoti hain isliye hamen chahiye keh hum mistake se confuse na hon balkeh har woh trader us waqt successful hota hey jab woh apni mistakes ko improve karta hey aur mistakes se afraid nahin hota balkeh mistakes ka samna karta hey.

[lare dusun]

Yes I agree with what you point out, for starters I suggest to avoid opening many positions while doing so it could focus on trade with the position being traded because this is very helpful for beginners to be able to limit losses if we're wrong direction when opening in early position your trading.

[Awanm66]

I agree with you. Because I have experienced it. So by opening many positions in trading. There are two possibilities. Including profit and loss. So When you are right you will make money and when you are wrong you will lose. So trading wisely is better because you can control your emotions.

[gulfam123]

if you are new in forex trading then you must avoid greed fear and emotion because many trdaer loose money due to these factors so if you avoid and have good trading plan and good money manmagement then you can get good profit after learning

[newbietol]

the new investor ought to be slightly aware on your market, of that company is on any high but a company on any low. this can provide him an plan of where to take a position in. this can create positive that the investor doesnt invest within the risky areas. and you must first follow by the dummy software out to take care what he's doing within the real time investment.

[b---m]

HELLO.
Yes ,you right .beginner do a lot of mistakes but they do that because there is hasty and want earn money quickly. so they don't interested about rules and knowledge
With best wishes for success.

[Fida Marwat]

Yes sir forex me ager ap ko kahe bi mistake ho jaty ha to ap forex me us mistake sy he kuch experience hasil kar sakty ha our me forex me kud abi kuch he month forex me trading kar raha ho liken me forex me experience hasil karna chata ho taky me forex me bahot he kuch profit kar skao our forex bahot he acha job ha.