Mistakes to avoid for beginners / Opening too many positions.

[aun]

When traders open many position in different currency pairs ,they are fail to manage. They are using a big portion o their capital in trading. In this way they can loose much capital. they can not pay attention to each trade equally ,become confused and face disturbance in trading.

[adikutta]

with the more and more position
in the forex market we will not
survive in the market because
most of the chance are that you
will lose the share from the
market without getting the good
and easy money from the
market.

[johntra]

Mistakes are often made is actually the fault of carelessness yourself. so, it is good we can be honest with yourself if you make a mistake it must be admitted honestly. thing that often happens to every trader and is usually due to not using a stop loss trailing stop or to keep the profit that has been earned.

[trader911]

open many positions when trading activity is an action that causes loss of their money. I suggest in trading activity in order to open a position no more than two positions is useful to provide enough resistance for your equity.

[sobjanta]

As far i experienced i advise to avoid entry galore orders so as to adjust exclusive on your trade and never dispel yourself by umteen trades , this leave be utile and may limitation much losses for you at line of your sincere trading .

[dennyandre]

It's hard to admit mistakes OP
yups, we often force ourselves stubborn. you try to learn about the articles I admit your mistake and apologize can hopefully give enlightenment. Fear and hit MC or Loss account should make you linger in front of the computer. It is unfortunate that once your time is wasted useless. And the end result is that you always regret it. Because CutLoss or as MC. any profit or even when you're still complaining, "duh, why sich was really not close profit. when my TP already here. If I had not been close, definitely profit much ".
Well, this is the nature of a trader. MC, Loss, Profit is always complaining. Nope no gratitude.

[Ryad]

Opening too many positions in trading will meet to your failure in this business.. This is a mistake to avoid at no cost, either you lose a trade or winning many positions, you should never overtrade as it will bring your emotional psychology into action.. You will fail when your positions are opened as you will exit with loss.. Never over trade the forex market and never be over confident with your strategy.. A beginner should know that his biggest enemy in the business is himself..

[tul]

What we do most new traders use and one or more positions opening inability to maintain trade other pairs to trade, so that we can easily handle more posts than we think about trade management to learn some tools. I think we should go step by step.

[enter]

make too many position but still can use the good money managmenet on their trading, so it is not become the bad thing for the trader , but if they are open many position and use the bad money management so that will become the big disaster to their account because mean they are over trade

[ku_lock]

yeah right, managing the forex trading is indeed very important, because it's the management that will determine how we are to use our money to trade. so we are getting better at using the management, it will make us even more precise in using our money. so it will not suffer excessive losses in trading. it will make us more able to survive in the forex business is fine.