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There are lot of common mistakes

Sar John (Sarjohn)
Apr 16 at 07:51
187 Posts
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.

LukeRachel
Apr 18 at 00:46
326 Posts
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.

Tremblay
Apr 18 at 09:22
330 Posts
LukeRachel posted:
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.

This is the best option to learn. If you can learn from your past mistakes, you can easily become successful in this market.

LyudmilLukanov
Apr 27 at 16:55
588 Posts
Mistake is common for all kind of traders. But always try to learn from your mistake.


Suradi (FXOday)
Apr 27 at 23:07
140 Posts
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.

robindude
Apr 28 at 06:13
103 Posts
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.

Bela_fx
Apr 28 at 08:31
33 Posts
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.

highjumping
Apr 28 at 13:07
9 Posts
New traders think that it is easy and they can make money by looking at candle sticks. That is not the case and all those new trades with live accounts just lose all their money. Sad

RobSchiz
Jun 11 at 08:39
370 Posts
highjumping posted:
New traders think that it is easy and they can make money by looking at candle sticks. That is not the case and all those new trades with live accounts just lose all their money. Sad

I agree with you.

Davidfx89
Jun 16 at 09:11
39 Posts
if common mistake happens again and again , according to me its not a mistake its a common choice , nothing without it.

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