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Basic mistake we make

Salore
Oct 06 at 19:53
14 príspevkov
Surely, the newbies should concentrate on learning instead of earning the money. Only after learning the fundamentals of trading can you think of making the money. If you chase for the high profits right after you created your first trading account. In this situation the newbies are sure to lose their deposit.

RobertFerrari
Nov 01 at 07:23
224 príspevkov
Every trader should make a good strategy to make a good amount of money.

CraigMcG2020
Nov 01 at 07:50
164 príspevkov
Salore posted:
Surely, the newbies should concentrate on learning instead of earning the money. Only after learning the fundamentals of trading can you think of making the money. If you chase for the high profits right after you created your first trading account. In this situation the newbies are sure to lose their deposit.


This is exactly it, even professional traders don't think about the money. They think about the process and the money is secondary. Trade well and you will make money as a consequence

forextrader777
Nov 01 at 12:00
105 príspevkov
Money automatically comes when we follow the right path to become a successful forex trader.

Seb King (sebking1986)
Nov 01 at 12:33
152 príspevkov
If it was as simple as showing up on day 1 and printing money we'd all be doing it. But we're not. I will always compare it to high paying skilled jobs. You have to be good at those skills and jobs before your salary matches.

If you can't spot the liquidity then you are the liquidity.
menorah111
Nov 01 at 13:25
6 príspevkov
forextrader777 posted:
Money automatically comes when we follow the right path to become a successful forex trader.

But what is the right path? Seems like no one has found it

skihav
Nov 01 at 18:05
363 príspevkov
To overcome standard mistakes, it is better to work on a demo account first. At least, when I started working with a broker I did just that.

Dorsin
Nov 02 at 18:34
22 príspevkov
I guess that there lots of mistakes which can be made in trading activity, whether by beginners or even by professionals. Professional traders are also people with their state of mind and trading style. Some of the mistakes are rushing, losing control over emotions after bad deals and other mistakes. The main distinguishing trait, which differs mistakes from novices from mistakes of professionals is that rookies always make fatal mistakes. They can be related actually in this case. I believe everybody has a right to make a mistake despite the fact of ecxperience, skills and knowledge actually.

Karlos Fandango (Smith2525)
Nov 02 at 22:25
77 príspevkov
Try to learn from other peoples mistakes instead. It's cheaper!

UweMoench
Nov 05 at 13:06
647 príspevkov
@Smith2525 Yes it's cheaper to learn from other mistakes but in trading everyone's psychology is different. Your thinking process and my thinking process won't be the same. And vice versa.

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