Common mistakes
Membre depuis Nov 20, 2020
posts 15
Jan 20, 2021 at 04:30
Yes these are some very common mistakes made by new traders and they should definitely stay away from overtrading.
Membre depuis Nov 10, 2020
posts 24
Jan 28, 2021 at 09:35
I think one should first focus more on making strategies in the starting rather than investing vigorously in the market. Also, this can also be a reason that they are not aware about the market.
Membre depuis Nov 10, 2020
posts 24
Jan 29, 2021 at 11:00
Mikehamilton posted:No doubt that research is needed: be it for finding a broker, strategy to use, technical analysis, etc.
@Georgegiffen43 No knowledge of strategies can be a genuine reason for all the beginners out there. Or, maybe their strategies are not working. One should be careful about getting a transparent broker so that they can keep up with the market with real time data and fair prices. Like, I analyze all the trading market fluctuations and price movements through etoro and fxview. That’s why I don’t end up making wrong decisions and end up investing where I can get profits. I think beginners should research before entering the trading market.
Membre depuis Dec 02, 2020
posts 21
Feb 08, 2021 at 10:37
You are right. These are some very common mistakes traders tend to make while trading.
Membre depuis Feb 04, 2021
posts 35
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 13
Mar 09, 2021 at 11:25
Yes, these are the most common mistakes that new and some advanced traders tend to make.
Karlos Fandango (Smith2525)
Membre depuis Mar 15, 2019
posts 82
Mar 14, 2021 at 10:57
UweMoench posted:Oh yes, been there and done all of those more than once.
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.
All or nothing
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 83
Mar 16, 2021 at 15:32
UweMoench posted:Yep, all common mistakes unfortunately!
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.
Membre depuis Oct 25, 2018
posts 9
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
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.
