Mistakes to avoid for beginners / Opening too many positions.

[Nasim]

The price of different currency pairs, commodities, metals, etc fluctuates at different quantities and speed. The newbies are not very much familiar with these fluctuations, as a result, they open a lot of trades in different currency pairs. The more they open trades, the more they make mistakes to open and close trades.

[featurelion]

bhai ziada positions kholna over trading hey or over trading sey her trader ko bechna chahiye or yeh jab feeling aaty hey jab insaan mein lalch aa jaty hey to hum ko control kerna chahiye

[carter h]

obviously the psychological condition ( thinking of the the shortest way to be rich ) of the beginner trader makes him or her to concentrate on one side of trading which gaining money and on other hand forgets the losing money side which also important and deserve to think of .

[rana157]

multiple positions made always loss.we have to make only one or two positions and stay on them untill they close.then use another positions and make a profit

[sweetrevenge88]

Opening too many positions is not a good idea at all. Specially if you only have small capital and your analysis is not accurate,you will be gambling this way that could only lead to more loses in your trading. Open one position at a time so that you can focus on it and make right decisions during the time your trade is on critical situation. Too many positions to think about will only make things worst.

[fahadtoforextrade001]

It is the right ... The location is not open at the same time, especially if you have a lot of size, height and use of your account balance is small. You just go to your trading account will be soon. Only one business at a location. According to this thing.

[mr forex]

if we want to success in forex so we have decline mistkae if we do not it so we never come out in ouer successful life
so we have to find out which mistka e we can do all tile we have to select it.

[sazzad]

Yes , i agree with your opinion i also think that opening too many position is very dangerous thing in the Forex market because that time trader can lose their all account balance within short time for this reason i think every trader should open one or two position at a time not more then.

[samuelkanu]

There are so many mistakes made by so many traders both newbies and pros which include opening too many positions, over leveraging,trading against the trend with the belief that it will go that way,not having stop loss,not doing fundamental and technical analysis e.t.c

[fxsilo]

over trading and greed are two faces of one coin, both of them give the same result "big loss up to margin call"
and both of them are mistake for the newbies only, they open many positions either on the same pair or in many pairs

yes i think also it happen only in newbies trader because they still beginner and dont have enough knowledge also experience.
maybe all trader also has fell this problem when as a newbie