Edit Your Comment
There are lot of common mistakes
Jun 18, 2021 at 10:47
Medlem sedan Jun 15, 2021
15 inlägg
highjumping posted:
New traders think that it is easy and they can make money by looking at candle sticks. That is not the case and all those new trades with live accounts just lose all their money. Sad
Newbies are always in hurry of getting big profits, I don't know what excite them so much but they should know that the riches outside are doing so hard on forex trading.
Jun 18, 2021 at 11:39
Medlem sedan Jun 15, 2021
9 inlägg
gradking posted:highjumping posted:
New traders think that it is easy and they can make money by looking at candle sticks. That is not the case and all those new trades with live accounts just lose all their money. Sad
Newbies are always in hurry of getting big profits, I don't know what excite them so much but they should know that the riches outside are doing so hard on forex trading.
I agree most of the newbies lack patience and this is what leads them to losses.
Jun 19, 2021 at 07:54
Medlem sedan Jun 15, 2021
20 inlägg
The biggest common mistake, in my opinion, is not maintaining trade journal. If you'll not review your trades, then how can you learn from your losses?
Medlem sedan Jul 19, 2020
749 inlägg
Jun 20, 2021 at 12:23
Medlem sedan Jul 19, 2020
749 inlägg
One important difference between trading and going to the casino is that when you go out to gamble, you have a negative expected return. In other words, the house is always expected to win over the long run, on average. Trading , however, if done skillfully and artfully, can put you in the position of the house.
Medlem sedan Apr 03, 2021
437 inlägg
Jun 20, 2021 at 23:20
Medlem sedan Apr 03, 2021
437 inlägg
gradking posted:highjumping posted:
New traders think that it is easy and they can make money by looking at candle sticks. That is not the case and all those new trades with live accounts just lose all their money. Sad
Newbies are always in hurry of getting big profits, I don't know what excite them so much but they should know that the riches outside are doing so hard on forex trading.
This is not a good habit actually, making a huge profit will leading them to take a high risk with greediness, what happens later usually not a profit that obtained but regrets already trading high-risk taker because the account does not last long will get margin call account.
Jun 21, 2021 at 08:57
(redigerad Jun 21, 2021 at 08:58)
Medlem sedan Jun 15, 2021
10 inlägg
I think the lavish life styles that most of the forex traders flaunt on socials leads to over trading on forex by beginners.
Medlem sedan May 19, 2020
321 inlägg
Jun 22, 2021 at 11:37
Medlem sedan May 19, 2020
321 inlägg
Why endlessly list all possible and all personal reasons, if this does not help to solve them in any way. More than 90% of traders do them anyway.
And this is the biggest mistake, the parent of all mistakes. Nobody wants to look for and solve their own mistakes, everyone wants to talk about strangers and common in the forums.
And this is the biggest mistake, the parent of all mistakes. Nobody wants to look for and solve their own mistakes, everyone wants to talk about strangers and common in the forums.
@Marcellus8610
Medlem sedan Jun 03, 2021
6 inlägg
Jun 22, 2021 at 14:22
Medlem sedan Jun 03, 2021
6 inlägg
I think the biggest mistake most traders make is having a herd mentality. I seriously don't understand why people follow the majority? It's already proven that majority of traders fail, so why rely on education that the majority are learning? Why rely on techniques that the majority are using? It's seriously mind-baffling. Be unique and have your own trading strategy! Back-testing is your friend.
“All our dreams can come true, if we have the courage to pursue them.” – Walt Disney
Medlem sedan Sep 12, 2017
232 inlägg
Jun 28, 2021 at 12:00
Medlem sedan Sep 12, 2017
232 inlägg
the most common mistake is to trade on bigger lots without enough knowledge about the instrument.
Medlem sedan Mar 17, 2021
494 inlägg
Jul 01, 2021 at 12:21
Medlem sedan Mar 17, 2021
494 inlägg
sopranoberidze posted:
Biggest mistake is thinking that making money from Forex is easy. It is hard
Yes. If you don't have enough knowledge this is very tough to make money from this market.
Medlem sedan Mar 16, 2021
447 inlägg
Jul 01, 2021 at 15:26
Medlem sedan Mar 16, 2021
447 inlägg
I need to do technical analysis when I buy a currency. And if you do this analysis, sometimes there may be a loss. You have to gain knowledge from that mistake.
Medlem sedan Mar 28, 2021
586 inlägg
Jul 02, 2021 at 12:47
Medlem sedan Mar 28, 2021
586 inlägg
@LukeRachel Technical analysis is needed but along with analysis we need a good mindset. A mind that can control emotions and stay away from unnecessary trades.
Medlem sedan Mar 16, 2021
447 inlägg
Jul 02, 2021 at 16:59
Medlem sedan Mar 16, 2021
447 inlägg
Akasuki posted:
@LukeRachel Technical analysis is needed but along with analysis we need a good mindset. A mind that can control emotions and stay away from unnecessary trades.
Yes, you are right. Trading is extremely risky if I can’t control the mindset.
Medlem sedan Jul 19, 2020
749 inlägg
Aug 05, 2021 at 13:16
Medlem sedan Jul 19, 2020
749 inlägg
@LukeRachel Yes mindset is the key in forex trading. There are people who can do good analysis but can not make consistent profit due to poor trading mindset.
Medlem sedan Mar 16, 2021
447 inlägg
Aug 11, 2021 at 01:42
Medlem sedan Mar 16, 2021
447 inlägg
UweMoench posted:
@LukeRachel Yes mindset is the key in forex trading. There are people who can do good analysis but can not make consistent profit due to poor trading mindset.
Yes, trading is risky but it must be controlled. It is possible to manage risk by maintaining a risk ratio.
Aug 14, 2021 at 20:27
Medlem sedan Oct 17, 2018
99 inlägg
UweMoench posted:
The biggest mistake people make is they think trading doesn't require skills. It happens when we treat trading just like gambling. But the truth is to make consistent profit you need knowledge and skills.
100% have come to learn this, when i started out i did not understand what i was doing or how it all worked. after blowing accounts and making mistakes i learnt to get some education and learning, starting out with a basic strategy but the biggest thig was risk management only ever risking 1% and managing my losses and learning that over time will it take for my account to increase the goal now is all % based rather then $ as this makes your gains a lot clearer

*Kommersiell användning och skräppost tolereras inte och kan leda till att kontot avslutas.
Tips: Om du lägger upp en bild/youtube-adress bäddas den automatiskt in i ditt inlägg!
Tips: Skriv @-tecknet för att automatiskt komplettera ett användarnamn som deltar i den här diskussionen.