waseemilyas Posted March 27, 2014 Share Posted March 27, 2014 in forex often new user thing to get the huge profit that is not easy to get in forex we have to learn maney thing in forex like basic of forex if we learn the basic then we can get profit and increase our earning by using our skill forex work is easy if we can learn it its a nice work.. Quote Link to comment Share on other sites More sharing options...
tray22 Posted March 27, 2014 Share Posted March 27, 2014 Not really true the psychology of a trader matters alot because in forex what you need to succeed is your IQ plus any other thing related to that. Forex trading is somehow very difficult and we must always work very hard to get our succees ; the mistake that I always see is the one of lack of trading knowledge which kills many users Quote Link to comment Share on other sites More sharing options...
Stekin Posted March 27, 2014 Share Posted March 27, 2014 The newbie traders who are trading in the forex business make many mistakes because they are not having the enough trading knowledge before trading. This thing is the reason why they lose their trading so much and get a margin call. It is good for the newbie traders to be able to first of all, get the enough trading knowledge before they can be able to trade very well. Quote Link to comment Share on other sites More sharing options...
tray22 Posted March 29, 2014 Share Posted March 29, 2014 Yes that is true the newbie traders make mistake because they have no knowledge and they refuse to learn sometime which is the most important thing which they suppose to do . Sometime they follow another person strategy and fail on the way Quote Link to comment Share on other sites More sharing options...
standart Posted March 30, 2014 Share Posted March 30, 2014 newbies mistake is rush usually. they are impatient to take training process and choose to trade in live account straight away. with lack knowledge and experience, those newbies going to get margin call obviously. however, bad experience is wake up call. they'll realize that actually, unprepared still to handle the pressure in live account. so, they decide to back on training. Quote Link to comment Share on other sites More sharing options...
Stekin Posted March 30, 2014 Share Posted March 30, 2014 It is true. When the newbie traders trade with rush in other for them to be able to make fast money from trading, it will make them to make plenty of mistakes. Forex traders should be patient and learn how to trade very well before they can try to trade in the live account. When you rush to trade in the forex business, you are going to make so much mistakes. Quote Link to comment Share on other sites More sharing options...
tray22 Posted March 31, 2014 Share Posted March 31, 2014 Every newbie is a experiment to its self that is why so many newbie trader fail in forex trading market forex is not that bad but for the newbie they rush into this market and expect to make fast result but at the end of the day the outcome is nothing but loss so that is why learning is important for newbie Quote Link to comment Share on other sites More sharing options...
gaban Posted April 1, 2014 Share Posted April 1, 2014 lack of experience and skill of trading is the biggest mistake a newbie. they are in a hurry to trade without trading experience and considerable skill. So often they experience losses. in forex we do not need to rush when trading we need solidified our trading skills and experience. Quote Link to comment Share on other sites More sharing options...
standart Posted April 1, 2014 Share Posted April 1, 2014 being too greed is a form of mistake. traders trade aggressive all the time and it force them to use high margin. the goal is chasing high profit. however, than able to make capital double, such approach even lead them to get fast margin call. market uncertain all the time and so, does not good if traders always trade aggressive. Quote Link to comment Share on other sites More sharing options...
Decub Posted April 2, 2014 Share Posted April 2, 2014 Some newbies really come into Forex with a very wrong impress of what the market is. Some feel that the market is a place where they can meet their desires and their goals. To them, trading in Forex gives them the opportunity to make a lot of money but that is exactly where their mistakes start. Quote Link to comment Share on other sites More sharing options...
rexway Posted April 5, 2014 Share Posted April 5, 2014 Almost all the traders in the forex market have the potential or long for huge profit and majority of them is just newbie traders so we dont need to worry about such mistake the great thing is we need to always try and learn on our own and set our target a bit low Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 6, 2014 Share Posted April 6, 2014 dear the common mistake is that the some new user join the forex but don't read about it and they do not use demo account of the forex so they fail in the forex because they have not proper knowledge about the forex and they start trading with out any knowledge. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 7, 2014 Share Posted April 7, 2014 In truth don't believe points easily. In the event you be rookie then taught by a person that Forex is a reasonably quick method to gain funds on line then Don't think that for the reason that Locating out It is not easy in almost any regard You'll have data and know-how, then what else in genuine obtaining and promoting? Quote Link to comment Share on other sites More sharing options...
standart Posted April 8, 2014 Share Posted April 8, 2014 one of common mistake is traders use high margin in trading. the goal is chasing big profit perhaps, but since market serve unstable movement, I think traders put themselves on high risk situation when they use big margin which exceed from risk tolerance. if they are get loss result, they'll losing high amount of capital. Quote Link to comment Share on other sites More sharing options...
gaban Posted April 9, 2014 Share Posted April 9, 2014 errors that are often experienced by the trader is not able to learn from the mistakes of trading so always master the same error. for that, we need to evaluate if we want to know our trading errors. so then we can avoid the same mistakes Quote Link to comment Share on other sites More sharing options...
standart Posted April 10, 2014 Share Posted April 10, 2014 newbies has tendency to be greed. they don't understand yet about the risk and rush to be rich. so, they are risking high margin in trading which make the risk of losing high widely open. if newbies understand the risk, they'll be patient and not risking big margin which can lead them to get big loss result. Quote Link to comment Share on other sites More sharing options...
gaban Posted April 10, 2014 Share Posted April 10, 2014 newbies has tendency to be greed. they don't understand yet about the risk and rush to be rich. so, they are risking high margin in trading which make the risk of losing high widely open. if newbies understand the risk, they'll be patient and not risking big margin which can lead them to get big loss result. yes, a lot of beginners who trade with greed, the result is that we will not be able to get maximum results when trading. therefore, beginners must have the right mindset if we want to succeed in forex. so we will be more careful when trading Quote Link to comment Share on other sites More sharing options...
Decub Posted April 10, 2014 Share Posted April 10, 2014 This greed is governed by the motive that brought them into Forex in the first place. There are traders who are just so concerned about how much they can make from Forex and the amount they can crave from it. Forex isn't always a business that you must achieve all that you've ever dreamt of because there are days when you lose and there ate days when you make profit too. Quote Link to comment Share on other sites More sharing options...
budado Posted July 4, 2014 Share Posted July 4, 2014 Trading in real account is really hard to do. Even if we make success in demo account we will going to have hard time earning in real account. That's why its take time before we succeed. Many newbies end up giving up right away and this is the main reason why so many newbies fails. But if they continue trading and learning some how they will realize that theirs a big potential in forex trading. Quote Link to comment Share on other sites More sharing options...
gaban Posted July 7, 2014 Share Posted July 7, 2014 a hurry to trade without having the skills and knowledge of trading are quite good. in forex trading before, we need to have a good preparation so that we can trade with the skills and knowledge of trading is quite good. therefore we have much to learn and practice trading with good. you can trade in instaforex with bonus post Quote Link to comment Share on other sites More sharing options...
Decub Posted July 7, 2014 Share Posted July 7, 2014 One of the greatest mistakes is to trade without knowledge. Knowledge is power and if any trader wants to make money from trade, he should endeavour to understand the nature of the business. Trading without a good Forex knowledge will only expose the trader to failure. Quote Link to comment Share on other sites More sharing options...
gaban Posted July 9, 2014 Share Posted July 9, 2014 One of the greatest mistakes is to trade without knowledge. Knowledge is power and if any trader wants to make money from trade, he should endeavour to understand the nature of the business. Trading without a good Forex knowledge will only expose the trader to failure. Yes, knowledge is very important in forex, because the premises will make our trading knowledge to the maximum. for that, we need a lot to have a good knowledge of trading. to gain knowledge we can join in the forex forum indo.mt5 of instaforex. there will be a lot of knowledge about forex. and we can learn there Quote Link to comment Share on other sites More sharing options...
adil007 Posted July 9, 2014 Share Posted July 9, 2014 Well knowledge is exactly the main thing in forex and of course if we do not have knowledge what else we would do instead of making mistakes in our trading and then in end suffering from loss so to minimize mistakes, it is better to learn first. Quote Link to comment Share on other sites More sharing options...
standart Posted July 9, 2014 Share Posted July 9, 2014 traders mistake is when they are trade by use big lot size. traders greed and they are risking all capital in single trade. however, such approach lead traders to gain fast margin call when they are open wrong trading position. and when traders remain conservative, or spread the risk in order to make capital able to accept many pips losses, traders can survive longer. Quote Link to comment Share on other sites More sharing options...
Decub Posted July 12, 2014 Share Posted July 12, 2014 Mistakes can come I'm any form and in any way. Where the newbies usually get it wrong is that they have that believe that Forex maketh rich. They feel all their prayers are answered just by the virtue of being Forex traders. That's not really what Forex is all about, rather, a business that you make money from gradually. Quote Link to comment Share on other sites More sharing options...
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