newcomers trading habit
Biedrs kopš
9 ieraksti
Apr 01, 2021 at 15:26
But a little bit of greed is OK otherwise we would not all be looking to get rich through Forex!
Biedrs kopš
617 ieraksti
Jul 04, 2021 at 10:15
Our total risk should not be above 2%. Now it could be 2% in a single position or all the open positions. Some traders take 2% risk per trade then open 5 trade which becomes 10% risk. We should not do this type of mistakes.
Biedrs kopš
869 ieraksti
Jul 10, 2021 at 01:53
Greed, fear, and all kind of emotions are the habits of new traders.
Biedrs kopš
3 ieraksti
Dec 29, 2021 at 14:35
As a newbie, you should concentrate on developing a trading strategy and making good investments.
Biedrs kopš
617 ieraksti
Dec 29, 2021 at 16:34
Number one biggest mistake new trade commits is they treat forex trading as a money machine. Open trade and make profit. They think it is the easiest job in the world. But in reality you need profound understanding of the market. My advice to new trader is gain necessary knowledge and skills.
Biedrs kopš
73 ieraksti
Dec 30, 2021 at 05:46
We can only warn traders about how emotions can be harmful in trading. They would actually come to know only when they have made significant losses. Only with these losses comes the actual wisdom. So, I suggest new traders to start small in order to avoid big losses while initial trading.
Biedrs kopš
994 ieraksti
Dec 30, 2021 at 11:06
beginners always try to skip the learning approach and as a result there is almost 90% traders become loser.
Biedrs kopš
538 ieraksti
Dec 30, 2021 at 17:12
The worst thing anyone can do in trading is think they know it all. Be humble, always stay open to learning and keep progressing.
If you can't spot the liquidity then you are the liquidity.
Biedrs kopš
72 ieraksti
Jan 27, 2022 at 04:31
Other than studying the nature of the forex market, one thing that has helped most is a trading journal. All traders should know whether they are growing or not. With the help of a trading journal, traders can figure out the flaws in their trades and can trade better in future.
Biedrs kopš
20 ieraksti
Jan 27, 2022 at 09:47
Trading journal really is quite helpful in analyzing yourself as a trader. This way you become a better version of yourself.
Biedrs kopš
105 ieraksti
Jan 31, 2022 at 21:34
Its the holy grail of trading and thats trading psychology
Where you can lose trade or trades and come back unperturbed and make successful trades knowing you have a edge
Where you can lose trade or trades and come back unperturbed and make successful trades knowing you have a edge
Biedrs kopš
13 ieraksti
Feb 03, 2022 at 14:28
I think that one of the worst trading habits is trading during consolidation. It’s so easy to lose money when trading during consolidation but many newcomers keep trying. Perhaps, there’s something attractive for them here.
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