Mistakes to avoid for beginners / Opening too many positions.

[bilie]

yes certainly my dear, no double I absolutely do believe that Forex trading business is very risky business and In Forex business you can lost all your trading capital just for your simple mistake . So always try to learn from mistake and if your can ignore your little mistake then you can be a successful Forex trader .

[loti]

Certainly my bro, in forex trading, surely I do believe that opening too many positions is not a mistakes as long as we know why we open so many positions and as long as we ready with the risk. i ever do that also, and i still can make good profit also. but i dont like to do that again because it makes me too busy to watch my many positions

[innocent123]

this is exactly what happen to me of recently,I went and open too many position on sum of 50$ account and during brexit there was too much volatility in the market and my account was wiped, also with high lots size every thing put together, too many position is not good at all

[Zareena Bibi]

Main na bohat sa trade dakhy hain jin sa ya suna hai ka wo bary loss kar ka experience hasil kia hai main kahti ho ka experience ata he loss ka bad hai or loss ki waja mistake hoti hai ager mistake na ho to loss bhi na ho is lia trader ko apny trade volume ko control or emotion ko bhi control rakh ka trade karni chahiya.

[tinad]

Actually my dear, for me, certainly I think there is no double that do not open too many open positions unless you know how to manage it all. I think to makes good profit, we do not need to open too many trades, because our risk will be higher. It is hard for us to maintain all trades if our open position is too many. We need to avoid this in our trading

[Zain Ahmed]

at the beginning I was do that but now I am trading with only one or two position, but if we use strict money managment as use 0.10 with $1000 capital we can trade with 10000 pips, in this case we can open many position and trading without anxiety.

[ghan]

yes absolutely my dear, In fact I think it�s no double that before open any trade we must need to wait the market trend after the market trend is clear then we need to open a single trade with any lot size by checking our backup then you will always be successful trader all over the world .

[forexbusiness]

I am suggest the beginner. If they want get the success in this business. Sio they are control the mistake. there mistake rate is close to zero. Secondly, they are work the market with proper strategy / planning. They do not take the risk in the volilte market. They are swing trade. they are good work.

[loti]

yes certainly my dear, no double I absolutely do believe that patience and hard work are recommended in forex trading.Generally, newbie traders lose even all their fund deposited in their trading. They lose it because they have over confidence in their gaining for the first time, and that is why they also use all profit taken to trade and trade.

[asifmahmood122]

you are right.it is very necesary for beginnersd to consentrate on 1 or 2 trades.dont open many trades at same time.in this situation it would be dificult to control the situation.dont be greedy.slow and steedy win the race.