Mistakes to avoid for beginners / Opening too many positions.

[student]

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.

and for it, they should to know what is the best action for their trading, they have to know how much the risk will be accepted
but if they are sure for it, so there is no problem but if they just bet and bet...here is big problem
so what do you think about your trading? did you focus to one pair or ever try to put orders at many pairs ?and if yes, i think you have your own reasons for it
do the best we can

[mokas]

i can advice beginners to have a strong knowledge about forexn keep learning and practice in demo account before start trading in real account and don't forget to control your emotions

[thearrival]

yes ofcours u have reason but in so�e time brother we learn from mistakes without mistakes we can t incrase in life at 1st we need to put al focus in 2 or 3 positions no more
and after we see what happen and get better in it

[king]

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.

I think it's too dangerous for a beginner trader beginning accession of several positions because like you said it can not specify exactly where he is. So for me it has to go step by step and follow the rules to get what he want and get a good profit.

[forexwallet]

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.

g han forex trading market me kabhi be ye nahi karna chaie ke ap at a time bohot zayada positions open kar den kyun ke agar aesa kiya jaye to un positions ko manage karna bohot mushkil ho jata hai

[fnf2020]

I believe if we find some application on sale management as compared to we tend to can also deal with other openings simply.because when we start a variety of position and even manage more sets regarding trading as compared to all new brokers keep don't take care of both the sale. I believe we would come step by step.

[wahidaaa]

This is very true and the most of new traders like me when see that one of there position is not giving them profit they start the another and so on,not realizing the overall trend and this way we get more and more losses and often we get the margin calls.so if we want to stay in the market for longer time then it is very necessary for us to open one trade at one time and complete the result of that and then we can go for other trades.

[fantasyman]

I try to think when we pick up a little software with regards to exchange managment when compared with we tend to may protect other ranking as after we amenable multiple career and as well as add again sets intended for selling unlike what some of young retailer sit neglect to regulate some selling. I envision we tend to would head one by one

[jennilyn]

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.

Yup. When there are so many things going, we get tensed and distracted, and we get eaten. Traders, especially new traders should focus to at least single or 2 positions at a time to reduce loss.

[ndm]

jab bi koi new trader is business main aata hai tu us ka aim hota hai k wo bas kuch hi dinoon main itna profit bana ley k kahin yeh na hoo is business sey use ko profit bananey main dair ho jaey aur yeh business khatam ho jaey aap agr sakoon k sath trade karen gey tu aap ko is sey faida ho ga