Mistakes to avoid for beginners / Opening too many positions.

[hemi]

when we start the forex trading business then we are so excited about this business and it is the time when we play our first trade and then we are very worry about our performance so if we make the mistake in first trade then we learn about it and never make this next time

[AkuMaenLagi]

Position open too many really bad idea because the market can move one side / other side and we could suffer losses and loss of our funds so it is better to trade with a particular concentration and discipline, we can benefit and can make thousands of dollars in profits through it.

[nila09]

Here are some of the most common mistakes and blunders that CFD stock market traders continue to commit over. This is a situation where too many things are happening around you, preventing you to react properly.

[10kobo]

If you have the account size that will be able to carry the fluctuations in that pairs you chose you can go on with it. You dont have to worry yourself if you can't contend with stress

[dewik79]

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.

I opened the position up to 5 positions, in one pairs. I feel dizzy when opening a position too much, and I find it difficult to control. I patiently waited until the positions are reaching the target, after that I opened some new positions.

[kowalsky1988]

yes open entry too much is not good

because it will affect the money management that is in use

LOT smaller in use .. but if the entry is too much also will affect

wise when you want to open positions

[fulltimetrader]

which often cause beginners to Margin Call open position due to too much of this lack of understanding of trading, a novice should do the study first before doing real trading, in a real trading psychology and emotion we're playing and one day would be disrupted by a floating position and this is causing us too many open positions and ultimately loss

[mhchomsi]

it's dangerous for beginner to actually trade at multiple poisitions along at the same time as a result of they will dont have the expertise as to the market.
firstly a beginner should begin wilth lowest capital and should observe the markets behaviour. he has to perceive the order as to the market and make use of his brain to actually management the profit loss situation. when obtaining a few expertise he will play at a little more than one place on a time.

[harimaumalaya]

most of beginners don't make any strategy for trading. some time they open many position to recover the loss, but it takes them into big loss instead. they should first focus on one position until they expert

[koimil]

mistake out to avoid for beginner/opening too several positions, i dont assume is smart methods to opening too several positions be smart trader, forex trader it is important to have trading set up as where out to be confidence