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Common mistakes

sharabela
Sep 03 at 06:35
40 postów
Trading a big lot is a problem. If a trader knows money management and follows it, then he cannot use bigger trading lot than the is supposed to. A single trade should not be having a risk more than 2% of the trading capital. If we follow this, then we will be able to hold us back from using too big a trading lot.

Akasuki
Sep 03 at 14:17
342 postów
@sharabela Trading big lot is one of the biggest problem among forex traders. They want to make quick money but they do not think they lose the money quickly as well.

Unellene
Sep 04 at 15:43
283 postów
common mistakes of all beginners are stupid hopes for a quick and easy profit, which really cannot be in forex, because for profit there is a lot to understand and learn

RobSchiz
Sep 04 at 20:08
465 postów
sharabela posted:
Trading a big lot is a problem. If a trader knows money management and follows it, then he cannot use bigger trading lot than the is supposed to. A single trade should not be having a risk more than 2% of the trading capital. If we follow this, then we will be able to hold us back from using too big a trading lot.

I agree with you.

croisssan
Sep 05 at 09:12
499 postów
In order not to make many mistakes on a real account, I try to work longer on a demo account.

Unellene
Sep 08 at 13:34
283 postów
the most common and initial mistake is the choice of a broker, often beginners fall into the hands of scammers, since advertising is very attractive for those with their tales

marcusobrien
Sep 13 at 06:20
37 postów
@Unellene Finally someone said it and you are absolutely right . Many newbies step into forex thinking it's a money making machine and every trade is going to make them a millionaire which is a solid dream that never comes true. I know how tough it is to make even a dollar in forex. Forex isn't a one day job, it requires a lot of dedication and commitment, which many fail to understand.

BrokerChoice (ChanKaiTai)
Sep 13 at 10:32
43 postów
marcusobrien posted:
@Unellene Finally someone said it and you are absolutely right . Many newbies step into forex thinking it's a money making machine and every trade is going to make them a millionaire which is a solid dream that never comes true. I know how tough it is to make even a dollar in forex. Forex isn't a one day job, it requires a lot of dedication and commitment, which many fail to understand.

Totally agree with you

pathsofglory
Sep 13 at 11:22
8 postów
marcusobrien posted:
@Unellene Finally someone said it and you are absolutely right . Many newbies step into forex thinking it's a money making machine and every trade is going to make them a millionaire which is a solid dream that never comes true. I know how tough it is to make even a dollar in forex. Forex isn't a one day job, it requires a lot of dedication and commitment, which many fail to understand.



Hit the nail on the head there. Forex is hard. FACT. New traders need to understand that before making their first deposit

croisssan
Sep 13 at 13:29
499 postów
As for me, the set of traders' mistakes is most often very similar. In addition, it very much depends on the level of experience and knowledge of the trader.

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