Mistakes to avoid for beginners / Opening too many positions.

[mix_max]

yes it is true at all, if you open up a lot of positions in one account, if you have not understood properly by the movement of forex pasaar then you will lose a lot of capital you, try a maximum of 10% of your capital every transaction you do more

[keroso1]

yeah this is for sure one of the most dangerous and the common mistakes that the traders do and especially the newbies and the biggeners so for me i think that we all have to avoid that coz it will make us confusing in the market

[smlkdan]

I find that we study some apparatus exchange managment than we can effortlessly handle a greater numbers of the positions on account of when we opened more than one positions and to utilizes a biggers number of sets for changing than the majority of revamped traders remain cannot maintain the changing. I think we might as well go one step at a times !

[Win20x]

Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.

if we are new to this trade then we should not open a position much sir,
we should frame on one currency pair only agaar we can win in this trade sir

[Mobisola]

Pilots call it fighting "fire helmet." This is a situation where too many things are happening around you, preventing you to react properly and creating a situation of intense stress. In the cockpit of a fighter, you can die - as a Forex trader, you are definitely going to die but you'll end up on the straw. Never open more positions than necessary, otherwise you will not be able to respond correctly.

Because when a person has opened too many positions will not say they will make many profit because they opened too many positions,too many positions is good if we can only follow up the positions with good analysis

[red.ta]

option too umpteen perspective is a rattling bad tin for both new traders and experts in the forex mart except when it is done in accordance to a real superb money direction law which new trades rarely know active.

[king_92]

it hink that the main mistake whih they do as from start is that theyd id not have knowledge about Forex and they are doing business in it without knowing the trciks of doing business and they did not take interest in it and get bored from it and loose their money in it

[fxstar]

that,s good point we enter in forex may be if we lost then don,t leave forex try to learn why you fail don,t do that in next trade and try to do well learn more and more everyday for you success in this business and very short time takes for you success then you earn huge profits every day

[Habib Ahmed]

Opening too many positions increases our risk of margin call.only those traders can open too many positions who have a huge amount of capital and also have a money management to avoid the risk of margin call.

[capricorn]

I think beginner often mistake that opening too many positions at one time it is very tempting after the trade, whether it is a winner loser or traders need to be very aware of their state of mind immediately after exiting the trade.