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Basic mistake we make
عضو منذ Jul 19, 2020
310 المشاركات
Feb 12, 2021 at 11:29
عضو منذ Jul 19, 2020
310 المشاركات
I find that one of the basic mistakes of new traders is their focus only on earning money. It is better in the beginning that your focus is on learning and gaining necessary experience in order to make one profitable strategy, then on simply chasing profits.
عضو منذ Jul 19, 2020
749 المشاركات
Feb 12, 2021 at 12:03
عضو منذ Jul 19, 2020
749 المشاركات
Biggest mistake is not making anything good from that matter and how do you plan to go further in life with that matter out there. I am totally and completely disrespected will be by such decisions, that's why I am always looking for some improvement ways on that.
عضو منذ Dec 28, 2020
24 المشاركات
Feb 13, 2021 at 20:07
عضو منذ Dec 28, 2020
24 المشاركات
In order not to make the mistakes of beginners, a trader must have a personal strategy and plan. You should always know what to do, even in unusual situations.
عضو منذ Jul 20, 2020
286 المشاركات
Feb 24, 2021 at 14:33
عضو منذ Jul 20, 2020
286 المشاركات
It is never possible to make a consistent profit without learning to trade. Trading education is needed to develop skills.
عضو منذ Feb 07, 2015
24 المشاركات
Feb 24, 2021 at 15:49
عضو منذ Feb 07, 2015
24 المشاركات
Michihito posted:
I find that one of the basic mistakes of new traders is their focus only on earning money. It is better in the beginning that your focus is on learning and gaining necessary experience in order to make one profitable strategy, then on simply chasing profits.
Great advice, I think a lot of people neglect using demo accounts - that's always a good place to keep practicing and honing your strategy.
Sam.peters@
عضو منذ Dec 11, 2020
81 المشاركات
Feb 25, 2021 at 07:20
عضو منذ Dec 11, 2020
81 المشاركات
Basic mistake that we can make is not understanding the concept of forex trading and simply trading without thinking of consequence of not using stop loss or limiting the order
عضو منذ Jul 27, 2020
79 المشاركات
Feb 25, 2021 at 08:26
عضو منذ Jul 27, 2020
79 المشاركات
Trading at random will not bring any result, here you need to clearly calculate and prepare everything.
عضو منذ Sep 12, 2017
232 المشاركات
Feb 25, 2021 at 08:28
عضو منذ Sep 12, 2017
232 المشاركات
The most generic mistake we do is greed..running after money and not thinking of the circumstances
عضو منذ Jul 23, 2020
696 المشاركات
Feb 25, 2021 at 17:36
عضو منذ Jul 23, 2020
696 المشاركات
Beagelv posted:
Trading at random will not bring any result, here you need to clearly calculate and prepare everything.
True. Proper planning and strategy are needed for success.
عضو منذ Jul 19, 2020
742 المشاركات
Feb 26, 2021 at 02:47
عضو منذ Jul 19, 2020
742 المشاركات
There are many complications to trading forex. Money management and a proper trading plan are needed to protect the investment from these complications.
عضو منذ Dec 28, 2020
167 المشاركات
Mar 02, 2021 at 08:12
عضو منذ Dec 28, 2020
167 المشاركات
Biggest mistake that I have noticed is that new traders are focused on making money. They want to make money in a shortcut way, new traders don’t want to learn and don’t have any control on emotions.
عضو منذ Jul 03, 2020
33 المشاركات
Mar 02, 2021 at 12:52
عضو منذ Jul 03, 2020
33 المشاركات
It is fair for all the beginners to think of earning money because the majority of traders who enter the forex market want to earn instead of learning.
عضو منذ Jan 22, 2021
132 المشاركات
Mar 02, 2021 at 16:01
عضو منذ Jan 22, 2021
132 المشاركات
We think that each trade we are making will bring us more profit. This is the biggest mistake. Over optimistic outlook can ruin your trades sometime.
عضو منذ Sep 23, 2020
41 المشاركات
Mar 03, 2021 at 11:13
عضو منذ Sep 23, 2020
41 المشاركات
blackChelsea posted:
We think that each trade we are making will bring us more profit. This is the biggest mistake. Over optimistic outlook can ruin your trades sometime.
Yeah expectations mate! Most of us expect too much from forex. Gotta be realistic.
عضو منذ Jul 19, 2020
749 المشاركات
Mar 23, 2021 at 13:17
عضو منذ Jul 19, 2020
749 المشاركات
One of the mistakes a trader would make in Forex is trying too hard to recover losses. While everyone would want to minimize the effect of losses on their trade, sometimes, it pays more to always overcome that early emotional anxiety to recover whatever losses we may have incurred. This helps us think well, re analyze the market before entering.
عضو منذ Feb 16, 2019
26 المشاركات
Mar 26, 2021 at 11:45
عضو منذ Feb 16, 2019
26 المشاركات
Michihito posted:
I find that one of the basic mistakes of new traders is their focus only on earning money. It is better in the beginning that your focus is on learning and gaining necessary experience in order to make one profitable strategy, then on simply chasing profits.
yes being emotional about it
عضو منذ Jul 23, 2020
816 المشاركات
Mar 27, 2021 at 13:01
عضو منذ Jul 23, 2020
816 المشاركات
UweMoench posted:
One of the mistakes a trader would make in Forex is trying too hard to recover losses. While everyone would want to minimize the effect of losses on their trade, sometimes, it pays more to always overcome that early emotional anxiety to recover whatever losses we may have incurred. This helps us think well, re analyze the market before entering.
It is completely true. If you want to recover your loss, try with the trading plan not just with emotion.
عضو منذ Jul 20, 2020
385 المشاركات
Mar 27, 2021 at 14:30
عضو منذ Jul 20, 2020
385 المشاركات
Yes for sure. Losses are a part of the process so they should not effect you. Thats the skill and it will come with experience.
عضو منذ Jun 26, 2020
323 المشاركات
Mar 28, 2021 at 07:28
عضو منذ Jun 26, 2020
323 المشاركات
generally we the traders do same common mistake and it occurs at all times , i always fall a great trouble when using high leverage , it my common mistake from a new Forex trader.
عضو منذ Jul 11, 2020
17 المشاركات
Oct 06, 2021 at 19:53
عضو منذ Jul 11, 2020
17 المشاركات
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.
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