Mistakes to avoid for beginners / Opening too many positions.

[boniez]

okay we use a lot of open positions as long as we have to use a lot yag reasonable size if it is not reasonable where it's useless and unable to form a splendor within us where it is possible.

[hpanoo]

yes this is true. this was the reason for my losses at several times. i was unable to concentrate on all of the positions at the same time and due to that i lost my entire account. this happens if you do not have good control over emotions. we should realize our abilities before entering into the market.

[lamington]

Opening too many position is really bad idea because market can move one side / other side and we can suffer a loss and loose our funds so its better to trade with some concentration and with discipline then we can be in profit and can make a thousands of dollar of profit through it.

[sujan]

I think if we learned a trade management tool than you can handle easily, because when more than one position open on the location and number of pairs that are used by most new entrants to the trade or not. I think we will go step by step.

[sammy]

actually you can open multiple trades at one go but that has to be of same volume and opposite to each other so that you can nullify each other. the trick is closing them and you have be a bit lucky and really careful to be profitted by this.

[akshay1728]

yes many traders repeat theior mistake of opening too many position and because of this they failed to maintain all the position and loose their concentration which lead to loss

[Cowboy]

yes we are very wrong traders when we open many positions for making huge profit.we also know that forex trade is a very risky way.so if we open our trade in a wrong way then many position may bring many lose for us.

[sofeenevu]

The main three factors which may cause the failure to the beginners, are greed, emotion and over confidence. When a beginner can avoid these three i think at that time the number of losing orders will be lower than profit orders

[hassaan]

I think a beginner should not open too many positions because as you are new you don't know a lot about operating too many positions and you have to face a loss because it is not very easy to make profitable trades with too many positions.

[insta1988]

hmm beginners ko sab say pehly chahiye k wo demo ko ziada say ziada use krain to jab bhi trade krain kisi say mashwara kar k krain khud say trade karny say parhaiz krain warna loss bhi ho sakta hai or aik time main aik hi trade krain