Mistakes to avoid for beginners / Opening too many positions.

[heekma]

the newbie is never Money grubbing. This individual ought to prevent Avarice. This individual should not think about just making within Fx. This individual ought to be desperate to understand too and really should continue to keep upon getting information even though you however this individual later on turns into a effective investor. Nicely The Newbie should not industry along with feelings as well. Avarice as well as feelings within Fx in no way allow an investor to be effective

[mehrab70]

yap , you are absolutely right. in the view of beginner almost all make a lot of mistake and buy a many position and face loss. so must be avoid this type of mistake .

[pingpong]

Beginners careful in his trading and first invest to make a position and increase his confidence to enter the world trading arena. To beginners keep 1st step in trading arena will be win. but, All is well end is well.

[makali1]

i think is a nice forex.I think if we learn some tool about trade managment 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. nice job............................

[ahme000036]

It is dangerous for newcomers to trade at multiple poisitions at the same time because they dont have the experience of the market.
Firstly a beginner must start wilth lowest capital and must observe the market's behaviour. He must understand the position of the market and use his brain to control the profit loss situation. After getting some experience he can play at more than one place at a time.

[minoa]

Forex is a good job.I think if we learn some tool about trade managment 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.Good luck..

New bie or expert, winner or Loser, in trading is not something we want for loss. But we are not aware of the risk that is often with us is risk of failing to control the passions and greed when the trade. The best way is to ignore greed.

[falley]

Big mistake made ​​by beginners that want to open a position when selling or buying when the price movement is not stable, resulting in predictions be wrong and lose money. In addition, too quickly decided to open a position and impatient.

[perfumer.2]

I think if we learn some tool about trade managment than we can easily handle more positions. This is the thing that I have learned so far that we should never open too many positions at a time which creates problems for the traders at later stage and end result is only loss. So we should open as much positions as we can handle and we can afford. We should just concentrate on 2-3 or maximum 5 positions at a time. thank job............................................... ...........................................

[retnotriwulandari]

Mistakes to avoid for beginners / Opening too many positions
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.

Very true and I agrees with your opinion, but I'm doing all this to make a profit is to open more than 5 positions OP, because I think the OP the more we make, the more opportunities for us to gain our attention to the large lot we use.

[amit khanna]

mistake which normally the beginner utter is that they open many trades,which is real blunder committed by them,now they cannot focus all the trades at the same time,the trades are going to end up in loss,hence it is suggested that only one trade needs to be open for beginners to understand it properly.