Common mistakes
Členom od Nov 20, 2020
15 príspevkov
Jan 20, 2021 at 04:30
Yes these are some very common mistakes made by new traders and they should definitely stay away from overtrading.
Členom od Aug 07, 2020
75 príspevkov
Jan 25, 2021 at 10:10
We do not have experience and practice, when we just start, if we have preparation, then it will be much easier for us to do it.
Členom od Oct 20, 2018
300 príspevkov
Jan 26, 2021 at 20:45
The 2 most common mistakes are the wrong vision about what Forex is and risking what you can`t afford to lose.
momchil_slavov@
Členom od Nov 10, 2020
24 príspevkov
Jan 28, 2021 at 09:35
I think one should first focus more on making strategies in the starting rather than investing vigorously in the market. Also, this can also be a reason that they are not aware about the market.
Členom od Nov 16, 2020
55 príspevkov
Jan 29, 2021 at 06:30
First you need to study and understand the essence of how everything works and how to apply it in practice.
Členom od Nov 10, 2020
24 príspevkov
Jan 29, 2021 at 11:00
Mikehamilton posted:No doubt that research is needed: be it for finding a broker, strategy to use, technical analysis, etc.
@Georgegiffen43 No knowledge of strategies can be a genuine reason for all the beginners out there. Or, maybe their strategies are not working. One should be careful about getting a transparent broker so that they can keep up with the market with real time data and fair prices. Like, I analyze all the trading market fluctuations and price movements through etoro and fxview. That’s why I don’t end up making wrong decisions and end up investing where I can get profits. I think beginners should research before entering the trading market.
Členom od Jul 19, 2020
298 príspevkov
Jan 31, 2021 at 13:18
Without enough skills and experience, it's normal to lose money and get scared. Whether new or old, we are bound to lose money if we don't understand the market and follow discipline.
Členom od Dec 02, 2020
21 príspevkov
Feb 08, 2021 at 10:37
You are right. These are some very common mistakes traders tend to make while trading.
Členom od Apr 18, 2017
718 príspevkov
Feb 08, 2021 at 11:26
you have done lot of information on this post, got some fine lines. thanks again for nice post.
Členom od Feb 04, 2021
35 príspevkov
Feb 08, 2021 at 12:25
According to me, the biggest mistake a trader makes is not using stop loss.
Členom od Dec 16, 2020
13 príspevkov
Mar 09, 2021 at 11:25
Yes, these are the most common mistakes that new and some advanced traders tend to make.
Členom od Jul 19, 2020
298 príspevkov
Mar 13, 2021 at 13:04
Most people believe that the more complicated a strategy the better it is. They get impressed by colorful charts and think wow this must be something awesome.
Členom od Feb 23, 2021
330 príspevkov
Mar 13, 2021 at 18:24
It is very interesting but we need to maintain the risk and avoid the volatile market.
Členom od Aug 09, 2017
785 príspevkov
Mar 14, 2021 at 07:57
It can be . it is great difficult to make profit by pin bar strategy for the beginners . as a newcomer that’s why now I am comfortable with scalping that brings profit in a short time than others trading techniques.
Členom od Mar 15, 2019
82 príspevkov
Mar 14, 2021 at 10:57
UweMoench posted:Oh yes, been there and done all of those more than once.
Common mistakes are those that we make very often. Over trading, revenge trade, fear of missing opportunity and not following any money management policy are the most common mistakes.
All or nothing
Členom od Feb 04, 2021
31 príspevkov
Mar 15, 2021 at 12:16
I believe the biggest mistake is trading without any proper plan, trading without any strategy means getting more risks and losses.
Členom od Mar 13, 2018
13 príspevkov
Mar 15, 2021 at 13:22
I think risk management is the main problem people have. Most people do not understand Lot size and just use a random number that they think is suitabl
Členom od Nov 06, 2018
83 príspevkov
Mar 16, 2021 at 15:32
UweMoench posted:Yep, all common mistakes unfortunately!
Common mistakes are those that we make very often. Over trading, revenge trade, fear of missing opportunity and not following any money management policy are the most common mistakes.
Členom od Oct 25, 2018
9 príspevkov
Mar 23, 2021 at 11:20
One big mistake is to assume that anyone can make money from Forex trading. It just isn't true. Almost everyone loses money. Only the dedicated will prevale
Členom od Jul 19, 2020
751 príspevkov
Mar 23, 2021 at 13:04
We should try to control our emotions and avoid our emotions from influencing our decisions. This is not easy and may take long time and experience to make our trading emotion free. Emotional control is more essential when one loses money in Forex trading because this is the time when many people behave irrationally and take hasty decisions with a view to recover their losses.
