Mistakes to avoid for beginners / Opening too many positions.

[lady]

its really bad if we trade using many position. i often do this mistake and really makes me angry when the price makes my loss become bigger and bigger. i think use stop loss is better than make many position

[rk225325]

forex business promising big profits. it makes so excited that new traders make is very much an open position. greedy and wants to get big profits quickly lead to new traders lose control. make them suffer huge losses in the forex business.

all because they want to earn the huge money from make the trading on the Forex so they are greedy on their trading, this is do not good and also very bad for the trader if they are make the trading with greedy on the Forex business, i also thinking that is too bad.

[forex01]

I think if we learn some tool about trade management than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading.whether it is correct or not, in determining whether the financial system we should be able to read how many pips average daily movement in one direction then it would be better to avoid Los or MC

[hasanmia]

We have more than one open that will allow us to more easily understand the trade management tools to deal with I think that businessmen of many immigration control where you want to use. We have moved a step forward, I think.

[forex01]

I think if we learn some tool about trade management than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step. 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 .

[arpon]

the truth is lot of persons can get taste exactly what however when you go through the all the best feasible particular person up coming these focuses on may acquiring accurate down the line, to help you the client we have lots of focuses on furthermore as well as would likely prefer to get a terrific shopper inside working globe.

[kezia]

many mistakes made by beginners, open position too much in my opinion is most often due to a quick beginner clear position, and ended up with a profit, but what happened instead margin call that would always meet

[sobia]

Yes you are right and i also want to suggest for beginner that they should to avoid mistakes and should focus only on their trade because this will be prove helpful and may be you do not face more losses for starting of your real trading .So if you want to become successful and want to avoid losses then you should first do practice on demo trading account because demo trading account is very good thing.

[kheya]

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.

Actually mistake comes from mistake. Average new comer can�t control their emotions and greedy mind therefore, they are open unnecessary position. As result they loss all of their capital. Then they think it�s a mistake. In my view, behind this losses not responsible mistake it�s them self.

[deeny]

many open positions, I have often done, just that I keep referring to money management and I use multi pair analysis. so I can see very well about the possibility of price movements. I therefore suggest to study the multi-pair analysis if you want to open more than one position.

yeahh, as beginner i think we must trade focus to one pair only, and dont use any averaging or martingale, so we dont need to make many position which makes us get margin call and lose much money