Common mistakes

Dec 30, 2020 at 12:45
Vues 4,118
70 Replies
Membre depuis Oct 20, 2018   posts 283
Jan 26, 2021 at 20:45
The 2 most common mistakes are the wrong vision about what Forex is and risking what you can`t afford to lose.
momchil_slavov@
Membre depuis Nov 16, 2020   posts 52
Jan 29, 2021 at 06:30
First you need to study and understand the essence of how everything works and how to apply it in practice.
Membre depuis Jul 19, 2020   posts 310
Jan 31, 2021 at 13:18
Without enough skills and experience, it's normal to lose money and get scared. Whether new or old, we are bound to lose money if we don't understand the market and follow discipline.
Membre depuis Apr 18, 2017   posts 659
Feb 08, 2021 at 11:26
you have done lot of information on this post,  got some fine lines. thanks again for nice post. 
Membre depuis Feb 04, 2021   posts 32
Feb 08, 2021 at 12:25
According to me, the biggest mistake a trader makes is not using stop loss.
Membre depuis Dec 16, 2020   posts 9
Mar 09, 2021 at 11:25
Yes, these are the most common mistakes that new and some advanced traders tend to make.
Membre depuis Jul 19, 2020   posts 310
Mar 13, 2021 at 13:04
Most people believe that the more complicated a strategy the better it is. They get impressed by colorful charts and think wow this must be something awesome.
Membre depuis Aug 09, 2017   posts 598
Mar 14, 2021 at 07:57
It can be . it is great difficult to make profit by pin bar strategy for the beginners . as a newcomer that’s why now I am comfortable with scalping that brings profit in a short time than others trading techniques.
Membre depuis Mar 15, 2019   posts 76
Mar 14, 2021 at 10:57
UweMoench posted:
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.

Oh yes, been there and done all of those more than once.
All or nothing
Membre depuis Feb 04, 2021   posts 28
Mar 15, 2021 at 12:16
I believe the biggest mistake is trading without any proper plan, trading without any strategy means getting more risks and losses.
Membre depuis Mar 13, 2018   posts 13
Mar 15, 2021 at 13:22
I think risk management is the main problem people have. Most people do not understand Lot size and just use a random number that they think is suitabl
Membre depuis Nov 06, 2018   posts 81
Mar 16, 2021 at 15:32
UweMoench posted:
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.

Yep, all common mistakes unfortunately!
Membre depuis Oct 25, 2018   posts 8
Mar 23, 2021 at 11:20
One big mistake is to assume that anyone can make money from Forex trading. It just isn't true. Almost everyone loses money. Only the dedicated will prevale
Membre depuis Jul 19, 2020   posts 749
Mar 23, 2021 at 13:04
We should try to control our emotions and avoid our emotions from influencing our decisions. This is not easy and may take long time and experience to make our trading emotion free. Emotional control is more essential when one loses money in Forex trading because this is the time when many people behave irrationally and take hasty decisions with a view to recover their losses.
Membre depuis Mar 17, 2021   posts 494
Jul 06, 2021 at 12:17
TradeHut posted:
I believe the biggest mistake is trading without any proper plan, trading without any strategy means getting more risks and losses.

Yes. Most traders lose their money because of their low knowledge.
Membre depuis Jun 16, 2020   posts 57
Jul 19, 2021 at 11:02
@TraderHut I agree with your point that unplanned trading is one of the most common as well as the biggest mistakes made in trading. With unplanned trading, the chances of losses are high and hence very risky.
Membre depuis Aug 09, 2017   posts 598
Jul 25, 2021 at 08:11
the most common mistake is revenge trading i mean over trading , generally the traders we have beginners always do that when making a losses.
Membre depuis Jun 17, 2021   posts 44
Jul 28, 2021 at 06:52
Revenge trading or over trading is undoubtedly one of the biggest trading mistakes. I have done it once and faced a huge loss. I learnt from my mistake and never ever repeated the same. Revenge trading is always to be avoided otherwise it can result in unbearable loss at times.
Membre depuis Mar 28, 2021   posts 586
Jul 31, 2021 at 10:51
Common mistakes are those that we do again and again. Over trading, revenge trading, no money and risk management all are common mistakes.
Membre depuis May 27, 2021   posts 63
Jul 31, 2021 at 17:34
One more is not making proper use of stop loss.
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