Mistakes to avoid for beginners / Opening too many positions.

[Rizwan]

mistake to mistake hote ha chaya wo newbie mistake karna ya ap beginners mistake kanrana mistake hote ha or trading main mistake ka matlab ha ka ap na obht sara loss earned ka es laya main ap ko ya kahta hoon ka tradign akro lakin apna emotion ko control karo or boht sara profit earned karo,

Many people says that they didn't do any mistake but they have got loss. But the main thing is that the knowledge and techniques are not just necessary in Forex but the proper use of these things in accurate time play a vital role in this field. Most of traders fail for these reasons, in other side many people use maximum amount of their budget in order to get more profit.

[zulqurnaine]

Forex trading is very easy to learn. If a newbie trader join the forex market and earn money he become greedy for earn more. He post more traders to earn more. but he loose his money because he didn't control the situation when a trading chart change its trend.

[worldforex]

is true... 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,,

[mojan]

This is not just a problem with beginners but also with many people this forum if you are a beginner please make sure that you do not have so many opening in this furum or else you will be burnt this is not a way to get rich quick please c�ncentrate with �ne.

[worldforex]

yes, we learn a trade MANAGEMENT tool around which we can easily handle more positions because when we open more than one position ...

[Nusrat]

Article is good, in the Forex market trader have protect their account first because when they will protect their account ,if they can do this then trader can get good profit from their account automatically.

[Humayun]

mistake is very common in forex trade , beginners often mistake , once time mistake can be solved , when a trader do trade( actually beginner) he does not know he is doing right or wrong , more trade and analysis make perfect , so dont worry do trade and learn by trade.

[zizhost]

Of course my business is delighted by the carefully thread tend not to wide open a lot of roles while doing so because if people wide open a lot of roles while doing so may be people shed the most investment capital due to the fact a lot of roles necessary a great deal of investment capital.

[purohit]

I think if we learn some tool about trade managment than we can easily handle more positions because when we open more than one position and use more pairs for trading than most of new traders remain fail to manage the trading. I think we should go step by step.

[Rizwan]

what is said is true, sometimes we are trading like a pilot who took a flight to a destination, a pilot must know where the fuel volume if it is rarely traveled 1000 miles to spend how much fuel and how, if at any time of the disturbance on a flight for example The first aircraft should return to the place of departure is enough fuel? as well as trading if our fuel $ 500 with a leverage of 1:500 is not possible to open 10 positions each trading with 1 lot, because our fuel in this case the capital will not be enough even before reaching the SL might be touched we've run out of capital because of the large margin that should be borne not in accordance with available capital, if such a plane would have crashed due to fuel shortages, trading will be automatic because terclose mARGIN CALL for it if only ten percent of the fuel, although we are still very much affected by SL and we can continue trading until the next to benefit our capital back.

If i insist any person for forex trading then i will gave him guarantee that take the proper knowledge about trading and first work sometime on demo account in which you got experience and after when you start your real trading account then the chance of loss is very low and keep one thing in mind that you have to trade in right time and always try to make right decision.