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newcomers trading habit
Uczestnik z Mar 28, 2021
586 postów
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.
Uczestnik z Jul 23, 2020
816 postów
Jul 10, 2021 at 01:53
Greed, fear, and all kind of emotions are the habits of new traders.
Uczestnik z Dec 20, 2021
3 postów
Dec 29, 2021 at 14:35
As a newbie, you should concentrate on developing a trading strategy and making good investments.
Uczestnik z Mar 28, 2021
586 postów
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.
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.
Uczestnik z Aug 27, 2017
875 postów
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.
keeping patience.......
Uczestnik z Apr 09, 2019
516 postów
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.
Uczestnik z Jun 07, 2021
70 postów
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.
Uczestnik z Feb 12, 2019
104 postów
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
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