Ima think there're lot of things newbiess're doin' wrong.
Startin' with tradin' live acc without openin' demo one.
Don't know how calculate their mm (money managment).
Set too large drowdawn. And it applys to all traders. Many of them doin' it and then loose.
Yeah Ima doin' it too some time. Bad habbit.
Don't analyze market or doin' it circumstances.
Ima think there're lot of mistakes. Choose you like.
Cheers.
Startin' with tradin' live acc without openin' demo one.
Don't know how calculate their mm (money managment).
Set too large drowdawn. And it applys to all traders. Many of them doin' it and then loose.
Yeah Ima doin' it too some time. Bad habbit.
Don't analyze market or doin' it circumstances.
Ima think there're lot of mistakes. Choose you like.
Cheers.
Ima do what Ima want to
Tradelist45
Uczestnik z Jun 26, 2020
327 postów
Sep 28 2020 at 07:05
yes , newcomers always fall a great trouble when choosing a broker , because top rating brokers always have tight spreads and large amount of deposit. its a great problem for newcomers.
Mohammadi
Uczestnik z Aug 11, 2017
886 postów
Sep 28 2020 at 07:21
honestly speaking , i trade most of the time in demo ,
but the knowledge i have gained i fail to use that when trade in a real account.
but the knowledge i have gained i fail to use that when trade in a real account.
radioactive
Uczestnik z Sep 07, 2020
63 postów
Sep 28 2020 at 07:24
It is not all about choosing the top rating broker, but yes it helps if you research on which broker do you think it suitable for your trading style and look for that.
cardigan
Uczestnik z Jul 27, 2020
102 postów
Sep 29 2020 at 11:42
ZzzzzzzZ posted:
Ima think there're lot of things newbiess're doin' wrong.
Startin' with tradin' live acc without openin' demo one.
Don't know how calculate their mm (money managment).
Set too large drowdawn. And it applys to all traders. Many of them doin' it and then loose.
Yeah Ima doin' it too some time. Bad habbit.
Don't analyze market or doin' it circumstances.
Ima think there're lot of mistakes. Choose you like.
Cheers.
So true with first two. I have seen some memeber in here saying that they opened a live account and they have no idea what to do next. That is how you know you are starting on the wrong foot.
LeviSievwright5
Uczestnik z Jul 20, 2020
298 postów
Sep 30 2020 at 01:33
Yes, you are right, most traders try to make a lot of money from Forex in a short time. As a result, they lose their important investment. It is possible to make a lot of profit from trading but to do that you must maintain discipline. You have to trade according to the plan. And you always have to maintain risk. If you can trade in this way, you can be satisfied with some profit at the end of the month.
These are all their greed, not the ability to endure and achieve results, we make every effort, therefore, they say that the percentage of those who earn is quite small.
EbonyJones
Uczestnik z Jul 20, 2020
232 postów
Sep 30 2020 at 19:07
Most of the new traders make mistakes to choose their trading broker. A good and reliable broker can make you rich. On the other hand a wrong or fake broker can put you in great danger in the forex market. So, be careful of choosing a broker.
Tremblay
Uczestnik z Feb 23, 2021
330 postów
Jul 02 2021 at 15:55
Andronn posted:Greed is the most dangerous thing in this market.
These are all their greed, not the ability to endure and achieve results, we make every effort, therefore, they say that the percentage of those who earn is quite small.
SofieAndreasen
Uczestnik z Jul 23, 2020
759 postów
Aug 07 2021 at 16:39
Newbies are more eager to real trading without learning first.
HeavenLeighGill
(HeavLeighGill26)
Uczestnik z Aug 05, 2021
401 postów
Aug 18 2021 at 16:02
That’s true. I think a lot of beginners skim the details and rush to open an account with little to no demo practice or education. People think it’s so easy and then just get bored of it when they realize how much goes into it.
Elena Triston
(ele020)
Uczestnik z Apr 15, 2020
219 postów
Aug 20 2021 at 05:28
HeavLeighGill26 posted:Yes, and that is why I always keep on repeating this thing to my fellow traders that trading is an art and skill both, it only comes when you practice practice practice and practice....
That’s true. I think a lot of beginners skim the details and rush to open an account with little to no demo practice or education. People think it’s so easy and then just get bored of it when they realize how much goes into it.
The more your practice, the more you learn.
Kazile
Uczestnik z Apr 25, 2020
119 postów
Aug 25 2021 at 13:24
You just really need to approach this issue responsibly and seriously, and then there will be a result.
lynellmalcolm
Uczestnik z Jun 04, 2021
4 postów
Aug 30 2021 at 06:47
It is true that most new traders start trading with the hope of becoming rich instantly but this is not something that can be achieved this easily. Making money through trading takes time and effort. A trader must be knowledgeable enough to make profitable decisions. And it is not just about making more money but also about protecting their capital when in the market.
SteveHanks
Uczestnik z Mar 17, 2021
536 postów
Aug 30 2021 at 09:24
SofieAndreasen posted:Yes. Most traders don't want to learn before investing their money.
Newbies are more eager to real trading without learning first.
seasweetpickle
Uczestnik z Aug 20, 2021
8 postów
Aug 30 2021 at 17:03
SteveHanks posted:SofieAndreasen posted:Yes. Most traders don't want to learn before investing their money.
Newbies are more eager to real trading without learning first.
True, many think this is get rich quick scheme and can easy buy or sell on moving average cross over. How sily
LukeRachel
Uczestnik z Mar 16, 2021
477 postów
Aug 31 2021 at 01:44
New traders have a lot of emotional problems. That's why beginner traders need to work with psychology first.
Emma Marie
(reillygirl90)
Uczestnik z Aug 31, 2021
3 postów
Aug 31 2021 at 12:58
Trading psychology is huge even with good strategies and trades this lack of confidence can kill good traders
Never give up
marindateal
Uczestnik z Jun 14, 2021
53 postów
Sep 06 2021 at 11:16
@Kazile i agree, many new age traders ignore this issue, they think they have all the information and skill that is required to make quick bucks and go for a live account straightaway which then results in losing quick big bucks because they didn't do their proper market research and don't make use of demo accounts.