Aug 26 2020 at 18:52
if you are new in this market, you need to be very careful to make decisions. You have to gather all information before start real trading. A wrong decision can put you in great danger.
Trading requires a lot of patience. If a trader does not have patience, he can never be a successful trader. If you want to be a successful trader, you must test patience. And a lot of greed among new traders. Trading without learning anything is risky and that risky work is done by new traders. Many times they are in trouble with brokers. New traders get a lot of information from brokers. And there are many websites online from where new traders can get a lot of important information.
3's Over
1. Over Expectation
2. Over Patience
3. Over Confidence
1. Over Expectation
2. Over Patience
3. Over Confidence
cardigan posted:
3's Over
1. Over Expectation
2. Over Patience
3. Over Confidence
Absolutely!
I believe that beginners should not focus on future earnings and money but self-development and training. It is necessary to put training in the first place and give more time to the demo account. On this account, you will be able to test trading strategies and gain enough experience to move to a real account.
Sep 01 2020 at 02:24
The new trader never wants to see a loss on his account. They always expect profit which is why they face losses in the Forex market. Even though they do not have real knowledge about trading, they make extra profit. Profitable traders always manage discipline and have the power to cover losses even if they make losses. Because they always follow 1: 2 risk rewards. And aims at much better money management.
cardigan posted:
3's Over
1. Over Expectation
2. Over Patience
3. Over Confidence
If I might add more, I think it is very important for newbie to learn and have some knowledge about how forex trading works. You just can't start trading without understanding something.
cardigan posted:
3's Over
1. Over Expectation
2. Over Patience
3. Over Confidence
That reminds me of various of my trader friends, who are no more trading because of these habits only.
Oct 11 2020 at 18:56
New traders should be careful when they invest their money into i\this risky market. They should make a good plan to make money from this market.
