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There are lot of common mistakes
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.
Mitglied seit Jul 23, 2020
696 Posts
Jan 31, 2021 at 17:41
New traders often start with real account without demo practice which is a big mistake.
Mitglied seit Jul 20, 2020
385 Posts
Feb 05, 2021 at 17:33
Thats so true ive made all of the same mistakes mentioned above lol
Mitglied seit Dec 24, 2020
11 Posts
Mar 10, 2021 at 06:18
Well, mistakes make us human right. There are definitely some mistakes every trader makes in their career.
Mitglied seit Sep 07, 2020
70 Posts
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.
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.
Mitglied seit Mar 16, 2021
447 Posts
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.
Mitglied seit Jul 23, 2020
816 Posts
Apr 27, 2021 at 16:55
Mistake is common for all kind of traders. But always try to learn from your mistake.
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.
