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Number one biggest mistake
Medlem sedan Jul 19, 2020
298 inlägg
Nov 29, 2020 at 14:42
Medlem sedan Jul 19, 2020
298 inlägg
Number one biggest mistake new trade do 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.
Medlem sedan Dec 28, 2020
187 inlägg
Jan 06, 2021 at 07:57
Medlem sedan Dec 28, 2020
187 inlägg
Yes totally agreed.. The biggest mistake for a new trader is to be over confidence and greed for more and more money. Newbies without having proper knowledge trade high risk product and ends up with making losses.
Medlem sedan Oct 12, 2020
38 inlägg
Jan 25, 2021 at 10:17
Medlem sedan Oct 12, 2020
38 inlägg
Sarjohn posted:More than greed I think the problem is that the new traders don’t learn and get huge expectations underway, they think trading is a golden goose with golden eggs.
Yes totally agreed.. The biggest mistake for a new trader is to be over confidence and greed for more and more money. Newbies without having proper knowledge trade high risk product and ends up with making losses.
Jan 25, 2021 at 14:01
Medlem sedan Nov 19, 2017
39 inlägg
Biggest mistake in my opinion. Over leveraged, Not cutting losses quickly enough -poor risk management and risking to much per trade.
"Formal education will make you a living, self education will make you a fortune"
Medlem sedan Feb 22, 2011
4862 inlägg
Jan 25, 2021 at 15:27
Medlem sedan Feb 22, 2011
4862 inlägg
The biggest mistake is to start trading without trading plan.
As result you face loss as you basically dont know what are you doing.
As result you face loss as you basically dont know what are you doing.
Medlem sedan Jul 20, 2020
298 inlägg
Jan 25, 2021 at 16:41
Medlem sedan Jul 20, 2020
298 inlägg
Yes, when a trader joins a new trading, Forex seems like a money making machine to him. That idea is completely wrong. If you maintain a plan and discipline, you can make some profit at the end of the month.
Medlem sedan Jul 19, 2020
788 inlägg
Jan 25, 2021 at 17:03
Medlem sedan Jul 19, 2020
788 inlägg
If you don't know about trading analysis, if you don't know about brokers, it will become the biggest mistake in your trading.
Medlem sedan Jul 23, 2020
869 inlägg
Jan 25, 2021 at 18:25
Medlem sedan Jul 23, 2020
869 inlägg
kc8yty posted:True. Trading with high leverage without proper risk management is like suicide.
Biggest mistake in my opinion. Over leveraged, Not cutting losses quickly enough -poor risk management and risking to much per trade.
Medlem sedan Oct 20, 2018
300 inlägg
Jan 26, 2021 at 20:38
Medlem sedan Oct 20, 2018
300 inlägg
True. The second biggest mistake is to risk what you can`t afford to lose.
momchil_slavov@
Jan 27, 2021 at 11:22
Medlem sedan Jun 06, 2019
11 inlägg
Biggest mistake for me was to start trading on a live account first. I wish I had used a demo
Jan 28, 2021 at 09:48
Medlem sedan Jan 21, 2021
48 inlägg
In my opinion, one of the biggest mistake is trading without stop loss. This helps you to get out of trade if price moves against you and prevents you from losing more than you can handle.
Feb 02, 2021 at 15:12
Medlem sedan Dec 28, 2020
25 inlägg
As for me, the biggest mistake is making a large deposit with no experience?
Medlem sedan Dec 28, 2020
187 inlägg
Mar 06, 2021 at 08:26
Medlem sedan Dec 28, 2020
187 inlägg
Martingupttil posted:yes exactly. do remember trading without knowledge is always dangerous.Sarjohn posted:More than greed I think the problem is that the new traders don’t learn and get huge expectations underway, they think trading is a golden goose with golden eggs.
Yes totally agreed.. The biggest mistake for a new trader is to be over confidence and greed for more and more money. Newbies without having proper knowledge trade high risk product and ends up with making losses.
Sep 28, 2021 at 06:15
Medlem sedan Sep 10, 2021
20 inlägg
Quange posted:Yes, risking more than capital than one can afford to lose is one of the biggest blunders.
As for me, the biggest mistake is making a large deposit with no experience?
Medlem sedan May 19, 2020
403 inlägg
Sep 28, 2021 at 12:33
Medlem sedan May 19, 2020
403 inlägg
There are no largest and no smallest mistakes. They cannot be compared, because anyway, it will lead you to unsuccessful trading. Everything is important here. Every detail of a trading strategy must be part of a large and complex mechanism, doing its own little job, without which the whole machine will stop.
And there is nothing wrong with considering forex as an easy way to make money if you are a professional.
And there is nothing wrong with considering forex as an easy way to make money if you are a professional.
@Marcellus8610
Medlem sedan May 04, 2019
23 inlägg
Sep 28, 2021 at 19:59
Medlem sedan May 04, 2019
23 inlägg
The first thing a newbie should do before trading seriously is to learn the fundamentals of not only trading but also of economics. It is necessary to have at least wide knowledge about all the economic stuff like demand and supply, price, interest rates, etc. This will help you a lot.
Oct 13, 2021 at 06:28
Medlem sedan Jun 16, 2020
57 inlägg
Nuadahuginn posted:This makes so much sense. Knowing economics is very necessary especially in forex, because the entire market is dependent upon how one country’s economy works. Many people tend to ignore it but in reality the knowledge of economics differs an excellent trader from an average trader.
The first thing a newbie should do before trading seriously is to learn the fundamentals of not only trading but also of economics. It is necessary to have at least wide knowledge about all the economic stuff like demand and supply, price, interest rates, etc. This will help you a lot.
Medlem sedan Feb 08, 2019
213 inlägg
Oct 13, 2021 at 20:27
Medlem sedan Feb 08, 2019
213 inlägg
Greed will be the undoing of most newbies
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