Mistakes to avoid for beginners / Opening too many positions.

[tonmoy]

Everyone can accomplish aberration but apprentice is a have to to fix it, you can alpha Forex trading alive in audience account. Audience is the appropriate coach for new banker and this appointment is aswell a acceptable belvedere for new trader. You can get huge acquaintance from audience and this appointment in adjustment to get acceptable aftereffect from Forex.

[rajdave21]

Actually, the problem for a newbie is greedy. They think if they opened a lot of positions, then the profit gained much greater..but they have to control their emotions to be successful in forex..thanks..

[SAEED]

This is a habit of newbie that opening too many positions.This mistakes could bring a critical situation to trader.Be patience for market moves.Don't over trade.

[biku23]

it is not right to buy too many position. so be careful to reduce loss. if you don't buy too many positions, it is ok you can reduce loss. because too many position means you can't handle all position. it results no profits.

[saviour196]

yeah you are right many new traders comit this type of mistakes and in return they face loss so these type of mistakes should not be repeated to avoid loss.

[gulab]

you have pointed out a very serious problem of newbie and when they see that the market is going in opposite of them they open opposite trade and hence loose all they have in their accounts.

[cozard007]

It is very evident in the market to be at the edge of the trades by trading in the disciplined manner, Plan your trades and trade your plan, this is just the road to success.

[ndm]

jahan aur bohat sari cheezain beginners ko nahin karni chayen wahan aik yeh bi hai k aap apni trades minimum rakhain jab aap plan kar rahey hotey hai aur maximum 2 sey zyada trade na lagain is sey aap ko apna account manage karney main kafi faida ho ga

[bu'd]

Start with small account, trade mini lots and learn the game with real money. There is no glory in being a demo billionaire.Learn how to read the trade settlement report. That's it. Once you are familiar with the mechanics of the platform there is no more need for a demo.

[muhammadusmankhan]

people learn from there mistakes and i have also learned this after lost all my $50 yesterday having 5 open positions at the same time and have all the 5 trades on buy and lost my small capital in no time so i learned that never open many positions at the same time it is a mistake.