Pour utiliser le chat, veuillez vous connecter.
Retour aux contacts

Basic mistake we make

miguelcaron
Nov 11 2021 at 05:47
posts 70
Learning will give new traders a great advantage. Even veteran traders continue to learn new things and advance their strategies.
Adokelv
Nov 11 2021 at 08:15
posts 21
There is no only one mistake in trading, there is a vast majority of mistakes which every trader once made in his trading career. The first one is rushing and fake hopes. All of the traders once had a situation when they wanted to rush the position in order to earn lots of money right away. It's prohibited in case you want to build a successful trading career, only wise approach is acceptible. The second mistake relates to usage of leverages. Some traders in the very beginning of their trading path decided to start off from leverage trading and they picked the highest leverage which is provided by the broker. It's a direct way to blowing of your account.
Chelsea Blacks (blackChelsea)
Nov 11 2021 at 11:56
posts 125
Trading with presence of mind will never put you into the big losses.
shortant
Nov 12 2021 at 05:55
posts 73
A beginner can make many mistakes when trading the market for the first time. Many of them lose money because they lack the necessary knowledge, experience and discipline.
whitneytyler
Nov 15 2021 at 07:23
posts 72
While there are numerous trading opportunities every day, but then taking too many positions in one day may also be detrimental to your trading.
HeavenLeighGill (HeavLeighGill26)
Nov 16 2021 at 15:09
posts 401
Best thing to do is focus on self-improvement and the money will follow.
Tuxedo888
Nov 17 2021 at 21:41
posts 91
Best thing, sit on your hands, and watch the markets open and then close .day in and day out.

and watch and learn how the traders paint the candles on your screen.

forget indicators, there all Lagging.
Suradi (FXOday)
Nov 17 2021 at 23:11
posts 470
The most mistake often face I think is FOMO, fear of missing out, I am often trapped in such situations where actually I realize if the zone price is less good to open trades, but my mind cant stop desire to open trades, I just only talk to own selves, take a small risk no problem, but because it occurs many times, small risk even ends too big loss in accumulation.
AndrewMcCalam54
Nov 18 2021 at 09:48
posts 132
actually if we do same mistake again and again then we can call this attitude as a own choose , its my own opinion, please never take this anyone personally. thank you
winning_trades
Nov 18 2021 at 10:53
posts 48
Forget to apply SL and TP.
Jungle78
Nov 18 2021 at 11:48
posts 105
Moving onto live trading without spending enough time on demo.
At least 6 months on demo thats a minimum in my opinion
cranberrythekid
Nov 18 2021 at 11:56
posts 9
Jungle78 posted:
Moving onto live trading without spending enough time on demo.
At least 6 months on demo thats a minimum in my opinion

I concur. This is the way to do it. So many move to live account from the start and just lose all their money
Treeny
Nov 18 2021 at 18:39
posts 213
Yes, demo first until you are making money there. No point going live if you can't beat a demo account
SteveHanks
Nov 21 2021 at 19:13
posts 536
Most traders try to trade in this market without proper knowledge and skills.
pipham
Nov 23 2021 at 05:03
posts 53
The most basic mistake for a newcomer is keeping aside the learning process and chasing profits all the time. You will end up nowhere without a proper plan and a strategy to work fine for you. It will be a mistake to enter live trading without the basic knowledge, proper mental preparation, and enough practice on your demo account.
blixtpiece
Nov 26 2021 at 07:10
posts 45
The basic and common mistake committed is that we enter trading with the mindset of earning money fast which is not at all true. Trading demands time more than money, skills and experience more than knowledge.
Chelsea Blacks (blackChelsea)
Nov 26 2021 at 08:01
posts 125
blixtpiece posted:
The basic and common mistake committed is that we enter trading with the mindset of earning money fast which is not at all true. Trading demands time more than money, skills and experience more than knowledge.
This is so true, I have noticed that some joined forex trading in hoping to earn money fast, which obviously is an unhealthy mindset to consider.
CraigMcG2020
Nov 26 2021 at 08:17
posts 399
Tuxedo888 posted:
Best thing, sit on your hands, and watch the markets open and then close .day in and day out.

and watch and learn how the traders paint the candles on your screen.

forget indicators, there all Lagging.

Funny this is so key, in a round about way you are gaining experience. I think experience is the biggest thing as you get a feel for the market and you have watched so many candles paint that you can anticipate with your techincal knowledge the probability of the trade coming out in your favour
LucianVince
Dec 07 2021 at 06:06
posts 34
That’s true. Traders need to treat forex as a long-term business. You can’t expect to get huge profits in a single day. We need to allot time in learning before expecting something in return.
KevinRosario
Dec 07 2021 at 09:51
posts 4
As a newbie in forex, I would like to know what are the basic and most common mistakes made by beginner live traders and how to avoid those mistakes?
Veuillez vous connecter pour commenter .