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There are lot of common mistakes

Jan 31, 2021 at 13:03
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45 Replies
Členem od Jul 19, 2020   298 příspěvků
Jan 31, 2021 at 13:03
There are lot of common mistakes every trader do when they are new. I also did the same. Like opening trade position before big news events and after the news events. Opening too many lots is another mistakes. Risking more than 1% of the capital is also a mistake. Another big mistake is unrealistic expectation. We come here to make double, triple of our capital over night. But it's the biggest mistake one can have. We also make mistake in choosing broker.
Členem od Jul 19, 2020   751 příspěvků
Jan 31, 2021 at 13:32
The biggest mistake people make is they think trading doesn't require skills. It happens when we treat trading just like gambling. But the truth is to make consistent profit you need knowledge and skills.
Členem od Jul 23, 2020   759 příspěvků
Jan 31, 2021 at 17:41
New traders often start with real account without demo practice which is a big mistake.
Členem od Dec 28, 2020   25 příspěvků
Feb 02, 2021 at 15:09
The mistakes we make when trading are common enough that everyone repeats the same thing.
Členem od Jul 27, 2020   102 příspěvků
Feb 03, 2021 at 08:14
Mistakes are the lesson to be learnt and improve for the future.
Členem od Jul 20, 2020   399 příspěvků
Feb 05, 2021 at 17:33
Thats so true ive made all of the same mistakes mentioned above lol
Členem od May 24, 2020   112 příspěvků
Feb 07, 2021 at 12:19
Sometimes it is better to study the mistakes that can occur during trading in order to be on the safe side than to experience them in your trading.
Členem od Nov 19, 2020   104 příspěvků
Feb 09, 2021 at 05:15
I guess starting live trading, without any good skills and knowledge is another huge mistake and some traders don't even plan their moves, which is again a big fault.
Členem od Dec 24, 2020   21 příspěvků
Mar 10, 2021 at 06:18
Well, mistakes make us human right. There are definitely some mistakes every trader makes in their career.
Členem od Sep 07, 2020   63 příspěvků
Mar 10, 2021 at 10:28
mortanlais posted:
Well, mistakes make us human right. There are definitely some mistakes every trader makes in their career.
True. All of us make mistakes, better not everyone tries to learn lessons from their mistakes.
Členem od Jul 19, 2020   298 příspěvků
Mar 10, 2021 at 12:34
Common mistakes are those that we make very often. Over trading, revenge trade, fear of missing opportunity and not following any money management policy are the most common mistakes.
Členem od Oct 16, 2020   137 příspěvků
Apr 15, 2021 at 11:05
Choosing the right broker is very important. Never go for an unregulated broker. Your funds are not safe with them.
Členem od Mar 28, 2021   617 příspěvků
Apr 15, 2021 at 13:26
First mistake most traders do that they think trading doesn't require much knowledge and skills. Second mistake they do - they completely ignore psychological aspect of trading.
Členem od Jul 19, 2020   788 příspěvků
Apr 15, 2021 at 15:33
It is not possible to make a profit without first gaining knowledge. Second, emotion control is essential. If it so happens that I am making these two things a mistake, I can't expect anything good from trading.
Členem od Dec 28, 2020   187 příspěvků
Apr 16, 2021 at 07:51
78678676 posted:
Choosing the right broker is very important. Never go for an unregulated broker. Your funds are not safe with them.
Yes, choosing a broker is very important, but traders face withdrawal issues with regulated brokers because of their regulations.
Členem od Mar 16, 2021   477 příspěvků
Apr 18, 2021 at 00:46
There are many mistakes in trading but I should learn from these mistakes. When I make a loss in one trade, I gain that loss and use it in another trade.
Členem od Jul 23, 2020   869 příspěvků
Apr 27, 2021 at 16:55
Mistake is common for all kind of traders. But always try to learn from your mistake.

Členem od Apr 03, 2021   470 příspěvků
Apr 27, 2021 at 23:07
Michihito posted:
There are lot of common mistakes every trader do when they are new. I also did the same. Like opening trade position before big news events and after the news events. Opening too many lots is another mistakes. Risking more than 1% of the capital is also a mistake. Another big mistake is unrealistic expectation. We come here to make double, triple of our capital over night. But it's the biggest mistake one can have. We also make mistake in choosing broker.
Sometimes from the mistake, we can learn something then, and after understanding the mistake than trying to make new rules how to avoid the same mistake not repeated again, but sometimes the hard part is how to control our decision, fear missing out, become a common problem during the trading time, choosing broker indeed very important for a trader.
Členem od Dec 11, 2020   110 příspěvků
Apr 28, 2021 at 06:13
LyudmilLukanov posted:
Mistake is common for all kind of traders. But always try to learn from your mistake.

This! When you learn your mistake, you will grow and learn not to repeat the same mistakes.
Členem od Nov 02, 2020   34 příspěvků
Apr 28, 2021 at 08:31
SofieAndreasen posted:
New traders often start with real account without demo practice which is a big mistake.
This is why they give up in the middle without having the proper knowledge.
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