Mistakes.

Mistakes can be made by any one and in any business, it mostly happens due to lack of trading knowledge and skills. While trading in Forex market as much as you practice the trading in the demo, you will get benefited. I start trading with the global Forex broker to get the best result. They are established and award-winning broker. The broker helps their clients by providing them expert assistance and guideline on daily basis.

I'm here by mistake :p

To the last poster, I really do not see that you are here by mistake honestly and completely, I do need to tell you something like that not many people come to such high visited trading forum and tool by simply some mistake absolutely.

Mistakes are part of trading and even experience traders can make mistakes. If you are a new trader then you should learn Forex basics and try to avoid make those mistakes others do. So it will be easy to make some good profit.

Mistakes are part of learning. One shouldn't fear mistakes. I think they rather make us learn and understand in a better way.

A mistake is an hour of forex trading, the main thing is to learn how to draw conclusions.

Mistakes makes you learn. Usually It happens when you have lack of knowledge, so it is always advisable to have some basic knowledge and strategies in your mind to start trading, Learn as much you can from your mistakes and not to repeat them again.

Just make sure all mistakes are made on a demo account. It is much cheaper that way

I think so - if you don't make mistakes, it means only one thing - you just don't do anything. So you have to treat them philosophically and try to work on them so that you don't make any more mistakes. Otherwise, it's just gonna be stupid.

Mistakes, if we draw conclusions from them correctly, go to us only in favor.

Kazile posted:
Mistakes, if we draw conclusions from them correctly, go to us only in favor.

Words to live by. I like it

listen, if you do mistakes - that's totally fine. your attitude towards mistakes is the most important thing. if you see it a learning process - you gonna win and achieve a lot (not only in Forex).

If you make a mistake and learn from it, then good mistake, but if you don't learn from it, then it's a bad habit.

Most of the traders loss in Forex due to lack of knowledge and skills and they do not want to learn Forex trading properly. It is the biggesr mistake they do and so continue to loss.

Dictiony posted:
Most of the traders loss in Forex due to lack of knowledge and skills and they do not want to learn Forex trading properly. It is the biggesr mistake they do and so continue to loss.

True, They have no Strategy and think forex could be learned in a month.

'Mistakes can happen from anyone and anywhere. It helps you to learn a lesson and you can do better in life after you learn from such mistakes.

''Better a mistake at the beginning than at the end.''

Demo account is for this use only i.e. to try, make mistakes and learn from it so that you can go live and don’t make the same mistakes over there.'

The faster you go through all the major mistakes, the faster you will make a good result.

PROFITINGSYSTEMS posted:
If you make a mistake and learn from it, then good mistake, but if you don't learn from it, then it's a bad habit.

True! Everyone should make it a habit to understand that why did a trade go wrong and learn from it, that really helps in the long run.

Basically; that’s the number one problem by the new traders! In this case, having a decent trading plan is the key! There is no way without learning & updating own trading skill.