Mistakes to avoid for beginners / Opening too many positions.

[limon009]

How to be a merchant, you will need a bucket to get rid of, but your own hay. Nothing much when compared to the requirements of the messages usually no chance. When there is a real shortage of airplane crashed due to gasoline, change your probably smart, just because it's near the margin, but only if, the fuel, to 10 percent, even though it is, however, suffering, can easily remain close to their money first.

[bombastic]

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.

[fransiska]

open position is important, if you want to do martiangel and averaging it is also not wrong, but everything must be calculated carefully and not be arbitrary, as if carelessly will impact our margin call on your account

[musfiqur]

I think it is important For Forex trader he needs to mistake always try to learn different idea For beginner. Yes, Beginner has many option to do in Forex market.

[alfa3]

I am a beginner too, I never made a mistake with open many position in the same time, and the end my balance was loss, In my opinion just open two or three position to make good profit is more effective to save our balance...

[eng.adham]

i think that the most familiar mistake for all beginners is opening too many positions at the same time , this is very risky especially beginners don't have enough experience in this business .

[morrent]

You can open many positions and as well be profitable once you know what you are doing but the reason why is mostly not adviceable to open many positions is to avoid your equity and margin to be risked too much.and to avoid bringing much complications to you.

Right, every trader want to earn more & more money. I think every trader must learn more about forex. Do not run for money. If any trader get more knowledge about he can easily earn profit.

[samsulsaja]

Opening too many position can be good only if we already secure our profit. The problem is often we do it when we have so many floating position. If we do this kind of trading style, we will loss our margin fast and have bigger chance to get margin call. Always keep our trading save by always add stop loss in all our open position in needed in this condition.

[PiterRobin]

Yes i trust u , for beginner i counsel to avoid gap several orders thus on focus solely on your trade and ne'er disperse yourself by several trades , this can be useful and should limit a lot of losses for you at begin of your real mercantilism .

[letmegoo]

that's right the more numbers of opened transaction may hit your margin call in case of big lots, so the best thing to open transactions
that based on technical and fundamental analysis and always remember to avoid greed and fear , and this will need more exercises to get it done correctly.