Mistakes to avoid for beginners / Opening too many positions.

[adafx]

All beginners are familiar with very common word errors. New merchants often click buy or sell by mistake or use large lot size in small place by mistake. For example the size of 10 lots in place 1 or .01. So eventually they make big losses and make their account zero. Another cause of loss is to open more positions at a time to create a profit group. They want to get more profit in a short time by opening more positions. When all positions are in loss, they lose all their capital. This is a very common figure in the Forex market. So my tip is do not open more than 1 position at a time. Concentrate on trading to prevent mistakes. if we learn some tools about trade management than we can easily deal with our mistakes because when we open more than one position and use more pairs to trade than most new traders still fail to manage the trade. I think we should take step by step to succeed in the trading market

[quraf]

in whatever early stage people use to make a lot of mistakes and most importantly that I want to share with you all is that you do not go for big trades and have to keep greed in any way you should not be encouraged by this greed to be avoided Those who all new beginners, my advice to them is not to open many positions when trading here because you will not be able to handle all the positions here, yes you can do it but do it after you get some experience here in Forex trading.

[naveedbnn]

Forex main trading main ko chance ni hai k app koi mistake karn os say app ko ya ho ga k app ko loss ho ga ap nay jo bhi investment ki wo app ko loss ho je ge, Forex main trading karn k leya app ko apna app par cantrol karna ho ga phr he app Forex main ek achi trading kar saka ga , app ny soch samhj kar trading karna hi

[Taiyab]

*The first aircraft should return to the place of departure is enough fuel? as well as trading if our fuel $ 500 with a leverage of 1:500 is not possible to open 10 positions each trading with 1 lot, because our fuel in this case the capital will not be enough even before reaching the SL might be touched we've run out of capital because of the large margin that should be borne not in accordance with available capital, if such a plane would have crashed due to fuel shortages, trading will be automatic because terclose mARGIN CALL for it if only ten percent of the fuel, although we are still very much affected by SL and we can continue trading until the next to benefit our capital back.

[javedqasim]

this is a very important and i agree with you yes ya biginners ko myri advise h k wo bht sary orders ki opening s avoid kryn keo k experience or skill na hony ki wja s some time loss k khtra hota h but some beginners have a lot of pations to bear loss

[iqrayousaf]

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.

thank you so much ,,,, it is a good and informative post for all traders,,, these are many common mistakes which traders do during trading and they have no knowledge that these are mistakes and make the chances of loss,,,,, we have to try to improve them ,,,, specially new traders try to understand them and improve them ,,,, proper knowledge and experinece learn us many things , if we improve these mistakes then we be a successful trader and able to earn good profit

[SA148P]

bhai mistake to mistake Hoti Hai Chahe wo choti mistake ho ya Badi mistake ho Chahe Woh junior Kare senior kare mistake mistake hoti hai aur zaroori hai ki mistake se Bacha Jaan sakefor mistake se bachne ke liye ek Tarika Hai Aur Woh Hai experience Haasil karo Jab aapke paas experience hoga to aap mistake control kar Sakoge

[SHEIKHANSARI460]

If is truth that new traders must fall in loss in first time.Although new traders follow all rules to earn profit.
But new traders must do mistake and lost his money.I think new traders must follow stop loss policy.

[sarfraz786]

es business men traders bahut se mistakes karte hen jab un ke aik trade loss men challe jate hey tu woh doosre trade bhe osee position men open kar leyte hen yeh soch ke market return ho ge lekin aysa nhe hota aur traders ko aik dam se bahut sa loss ho jata hey woh apne capital ko bhe wash karwa dayte hen .

[Bali]

It is very important to keep enough usable margin to cover potential losses and to avoid a margin call. If the open positions are losing for an amount that exceeds the usable margin, the broker will proceed to a margin call (or stop out) by automatically closing all positions one by one starting with the most loser.