gaban Posted August 22, 2014 Share Posted August 22, 2014 trading without using SL when trading is one of the common mistakes made by traders. And with SL then our account will be protected from the risk is greater. For trader should always use SL when trading Quote Link to comment Share on other sites More sharing options...
standart Posted September 11, 2014 Share Posted September 11, 2014 if traders trade based on emotions, they are fail even before they are trade. require logical approach when traders want to make decisions. market complex and if traders trade blindly, they are just invite themselves into worst situations. better take learning if they are has lack knowledge and experience still. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted September 11, 2014 Share Posted September 11, 2014 One of main crucial mistake is cooperating with scam broker. Even if you are professional they can easily put your trading on hold or wind it up at all. That's why I use services of reliable forex broker - Hotforex, with segregated funds and flawless reputation in the internet. Quote Link to comment Share on other sites More sharing options...
standart Posted September 15, 2014 Share Posted September 15, 2014 forex market complex and serve uncertain movement. but if traders know how to make profits, mean they are has good knowledge and strategy. majority traders fail due to has no good ability to perform analysis, and they are trade with no proven good strategy. Quote Link to comment Share on other sites More sharing options...
gaban Posted September 17, 2014 Share Posted September 17, 2014 I think the biggest mistake in forex trading and most often done by a trader is trading psychology problems. With the lack of a good trading psychology. in forex we not only need a good trading skills, but we also need good psychology. many traders are so emotions when trading so that many failed in the forex Quote Link to comment Share on other sites More sharing options...
budado Posted October 1, 2014 Share Posted October 1, 2014 I think the biggest mistake in forex trading and most often done by a trader is trading psychology problems. With the lack of a good trading psychology. in forex we not only need a good trading skills, but we also need good psychology. many traders are so emotions when trading so that many failed in the forex If you are in forex trading once you have trading skills then that means you already confidence that you can actually trade. And theirs really nothing wrong with having emotion. I am trading with 20 trading accounts now in 9 different forex broker sites and have 7,000 dollars plus trading capital right now. One thing I learn is that psychology is not an issue. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 2, 2014 Share Posted October 2, 2014 If you are in forex trading once you have trading skills then that means you already confidence that you can actually trade. And theirs really nothing wrong with having emotion. I am trading with 20 trading accounts now in 9 different forex broker sites and have 7,000 dollars plus trading capital right now. One thing I learn is that psychology is not an issue. If so you are a great trader. and I think a lot of forex trading is influenced by psychological factors. we know that the market is difficult to predict, so we need to be careful with the market. we will never know where the market will move. So we must be careful of our trading psychology Quote Link to comment Share on other sites More sharing options...
budado Posted October 14, 2014 Share Posted October 14, 2014 The biggest mistake we done in forex trading is when we focus on having big earning right away. Our main focus is our trading account stability. It does not matter how low or how big your trading capital is. What matter is that each month you can sustain and maintain a good earning in here. My advice is just to keep on trading until you reach a point that you are earning good and earning well in here without any worries. Quote Link to comment Share on other sites More sharing options...
skyrock Posted October 15, 2014 Share Posted October 15, 2014 Traders dont want to learn all they want is to get fast profit from the market and this resulted them into making excess loss which is not always good so the ultimate one islack of motivation to trade Quote Link to comment Share on other sites More sharing options...
myregister Posted October 26, 2014 Share Posted October 26, 2014 One of those 10 i think is having bad mindset about forex, many of us must be hear that forex is such a good business that will make us rich, this business is an easy business, and any other wonderful words. But forex itself is different, it is hard , complex, and dynamic. Full of risk too. By fixing this kind of mindset a fully fledged traders can survive and still earn well. Quote Link to comment Share on other sites More sharing options...
TradersCloud Posted October 27, 2014 Share Posted October 27, 2014 Not educating themselves on the basics of Forex trading prior to jumping in and not having a reliable connection to trade from. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 29, 2014 Share Posted October 29, 2014 lacked enough good trading skills are common mistakes made by traders. in forex trading we should have a pretty good trading skills and to have enough good skills and has a good psychology we will be successful in forex trading Quote Link to comment Share on other sites More sharing options...
myregister Posted October 31, 2014 Share Posted October 31, 2014 lacked enough good trading skills are common mistakes made by traders. in forex trading we should have a pretty good trading skills and to have enough good skills and has a good psychology we will be successful in forex trading Well for all traders i think this is the basic requirement, people with a good skill will be able to make profit, they also relaxly when it comes to trade. Something like that could happen because a trader usually overconfident about their ability, which lead to bigger mistakes. Quote Link to comment Share on other sites More sharing options...
CahCuncun Posted November 3, 2014 Share Posted November 3, 2014 Well for all traders i think this is the basic requirement, people with a good skill will be able to make profit, they also relaxly when it comes to trade. Something like that could happen because a trader usually overconfident about their ability, which lead to bigger mistakes. yes, I agree with you, too confident for a newbie is the biggest mistake, we know that forex is high risk, so we need to be careful when trading. we must have the skills and psychological well enough if we want to trade with maximal. Open a PAMM account with TenkoFX for the chance to manage up to $100,000 Quote Link to comment Share on other sites More sharing options...
gaban Posted November 5, 2014 Share Posted November 5, 2014 yes, I agree with you, too confident for a newbie is the biggest mistake, we know that forex is high risk, so we need to be careful when trading. we must have the skills and psychological well enough if we want to trade with maximal. Open a PAMM account with TenkoFX for the chance to manage up to $100,000 yes, overconfidence is not good for the newbie because with too confident we will not succeed in this business. therefore we need not to be too confident because it is dangerous for the trader. and psychology must always sharpening so that we will be able to trade well. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 11, 2014 Share Posted November 11, 2014 yes, overconfidence is not good for the newbie because with too confident we will not succeed in this business. therefore we need not to be too confident because it is dangerous for the trader. and psychology must always sharpening so that we will be able to trade well. I know it, many traders happen to see and do this. Overconfident never be good because that is confident with over things, and everything which is over isn't good for traders. So watch your back as forex traders and keep low profile also always measure the risk. Quote Link to comment Share on other sites More sharing options...
gaban Posted November 11, 2014 Share Posted November 11, 2014 I know it, many traders happen to see and do this. Overconfident never be good because that is confident with over things, and everything which is over isn't good for traders. So watch your back as forex traders and keep low profile also always measure the risk. trade with over-confidence will only make our trading experience many risks. we must be careful when trading because the market is difficult to predict its direction. for that we need to improve trading skills are good if we want to trade with both Quote Link to comment Share on other sites More sharing options...
budado Posted November 12, 2014 Share Posted November 12, 2014 Trading without doing analysis is the biggest mistake a trader can make. This is the main reason why so many end up losing in forex trading. I do know that I can master enough trading capital to make me earning good in forex trading right now. But still I am prone to getting some loses. That's why I am really interested to see myself having more and more trading capital in here to earn more. Quote Link to comment Share on other sites More sharing options...
gaban Posted November 24, 2014 Share Posted November 24, 2014 Trading without doing analysis is the biggest mistake a trader can make. This is the main reason why so many end up losing in forex trading. I do know that I can master enough trading capital to make me earning good in forex trading right now. But still I am prone to getting some loses. That's why I am really interested to see myself having more and more trading capital in here to earn more. of course, trading without analysis only make our trading losses because the analysis is very important to make trading decisions. if we trade without analysis it was classified with gambling. and many traders who trade without analysis so many trader to experience losses. we can use a demo account to learn trading analysis Quote Link to comment Share on other sites More sharing options...
adil007 Posted November 25, 2014 Share Posted November 25, 2014 The worst part in trading is that most of the traders do not learn from their previous mistakes and then repeat them again in the future which is a reason why many have losses again and again in their trades, so traders should try to go through and try to correct their mistakes in demo account. Quote Link to comment Share on other sites More sharing options...
gaban Posted November 26, 2014 Share Posted November 26, 2014 biggest mistakes in forex trading is that we can try to trade with emotion, if we are trading with the emotions of greed can be minimized by good. therefore we need to learn to control your emotions so well that trading maximum results we can get Quote Link to comment Share on other sites More sharing options...
Decub Posted December 5, 2014 Share Posted December 5, 2014 There are varieties of mistakes people make and they are so voluminous that it only takes knowledge and understanding of the business environment to know it. Making mistakes is what most traders try to avoid but in most cases, they find it very difficult to avoid because of lack of knowledge and understanding of the business. Quote Link to comment Share on other sites More sharing options...
myregister Posted December 5, 2014 Share Posted December 5, 2014 There are varieties of mistakes people make and they are so voluminous that it only takes knowledge and understanding of the business environment to know it. Making mistakes is what most traders try to avoid but in most cases, they find it very difficult to avoid because of lack of knowledge and understanding of the business. Mostly new traders must do something like that, because of their impatience or just overconfidence they just jump into forex trading hoping to make such big profit in quite short time. But that is not what happen and they loss money easily or after struggling. Mostly because they still lack of knowledge and experience. Quote Link to comment Share on other sites More sharing options...
budado Posted December 15, 2014 Share Posted December 15, 2014 Theirs only one mistake that is for me is the main and biggest mistake of newbies an trader wannabe and that is trading in forex without trying to learn how to trade properly. I am earning in forex trading right now and I am building my trading account. In two to three more years I will be happy earning without any problem. My main goal and focus is to earn big without any problem. Quote Link to comment Share on other sites More sharing options...
gaban Posted December 23, 2014 Share Posted December 23, 2014 do not yet have enough experience is a mistake made by traders, whereas in forex experience is very important, we have a lot of experience with it we will be able to trade with the maximum and comfortable. therefore we need to have a lot of trading experience. we can use a demo account to have a lot of experience trading Quote Link to comment Share on other sites More sharing options...
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