Samar Posted October 9, 2013 Share Posted October 9, 2013 Some create the disagreement that in dealing you must be alone but that is not real. I put myself around the best because I want to understand from the best. Many traders don't understand pip cost, each pair has a different value some traders don’t know which pairs have which value and that has an impact on your money management. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 10, 2013 Share Posted October 10, 2013 Psychology. Often a newbie has a bad psychology when first trading. because somehow also psychological conditions in the demo account is very different from the psychological condition in real account. In the real account, our psychology is often used. Without a good psychology, no matter how good our strategy will be useless. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted October 10, 2013 Share Posted October 10, 2013 Blame strategy too fast when they cant get profit then look for another strategy, i think it is one of newbies mistake too. They dont wanna make evaluations when they cant get profit using their strategy, in fact that it's not necessarily true. Evaluation is very important for traders, and it also should be done by traders in forex, not only beginner trader. Quote Link to comment Share on other sites More sharing options...
HarryPotter Posted October 12, 2013 Share Posted October 12, 2013 Nowadays you can note that there are some traders don't understand how to use your dealing platform, this is another one that many investors create and it expenditures them cash. Take a while and exercise with the foundation before you business stay. Study the guide and analyze it well. Then begin with a little consideration and develop believe in the foundation and encounter using it. Quote Link to comment Share on other sites More sharing options...
StillAlive Posted October 12, 2013 Share Posted October 12, 2013 Getting psychologically led we all have feelings because its money on the line but we cannot let our feelings create our options. This relates to dealing and actual life, usually when our feelings are operating things then we create bad options. Also the more time a pattern operates the more energy it profits, considering “it has to come back” has been many a investors notorious last terms. Never let it run so far away it pushes your consideration to zero. Quote Link to comment Share on other sites More sharing options...
ivan Posted October 12, 2013 Share Posted October 12, 2013 Don't consider you can just adhere to somebody's investments and be profitable; the purpose this will not perform is because time is everything in dealing. Even if the individual you are following is earning cash then you still have to it completely to do well. This requires encounter and exercise. Sorry, there is just nothing that is going to get you out of encounter and exercise. Quote Link to comment Share on other sites More sharing options...
affpro Posted October 12, 2013 Share Posted October 12, 2013 Most of the mistakes that newbies always do is that their investment... They do not study the market properly first before investing their money on such currencies... They should first study the market and compare the rates of currency pairs then they should decide on which currency they can go and make some profit... Quote Link to comment Share on other sites More sharing options...
budado Posted October 12, 2013 Share Posted October 12, 2013 I guess I can say that forex mistakes that newbies makes is that they end up losing one big income one after another when they are trading. I do believe that its in the forex trading that we can grow our account and become a millionaire. Who knows we all are in forex trading to make good income. I do believe that in forex trading we can become good earner if we focus more on learning and earning., Quote Link to comment Share on other sites More sharing options...
euro Posted October 13, 2013 Share Posted October 13, 2013 I think one of the main reason is also lack of learning. They just want to earn. I think there are good opp to earn in forex but we must be patience to learn all about it and then afterward we can make more money. I think being hasty will pay off as well and you will lose money. I think also newbie who do not yet have princesses in the real market will make a lot of mistakes and thus losses. They must also know fundamentals and keep up with news daily. Quote Link to comment Share on other sites More sharing options...
sakai Posted October 14, 2013 Share Posted October 14, 2013 Well, if you do not have the cash to business then do not business; it is as easy as that. Dealing with cash you need to pay expenses or stay off of is problems especially if you do not have a lengthy confirmed history of effective trading. Trading is a questionable process by itself, when you have to make the business for the cash then the stress gets much higher. Usually you will discover yourself creating faults. Quote Link to comment Share on other sites More sharing options...
ivan Posted October 17, 2013 Share Posted October 17, 2013 I see that there are many mistakes belong to Newbie. One of those mistakes, most newbie gets a few fortunate investments and they think that the industry will always increase up so they spend everything in just one place, one hundred percent of the investment. Quote Link to comment Share on other sites More sharing options...
HarryPotter Posted October 17, 2013 Share Posted October 17, 2013 Most of newbie don't have knowing of specialized analysis. Market Basic principles do generate marketplaces but if you are dealing according to essential research, you still need to have an excellent manage on technical research. I have said it before time is essential in dealing and technical research can help you identify the best records. Quote Link to comment Share on other sites More sharing options...
StillAlive Posted October 17, 2013 Share Posted October 17, 2013 About my own view, the most mistakes that you can see with many newbie in forex trade, dealing couples that have a very high propagate. This is a dangerous error because it is almost difficult to revenue with foreign exchange that have a propagate above 15-20 pips. Always business only the most well-known foreign exchange which highest possible propagate is 5. Quote Link to comment Share on other sites More sharing options...
budado Posted October 24, 2013 Share Posted October 24, 2013 Investing big amount of money can lead to MC. This is the main reason why so many end up losing big amount of money. I do recommend that we can handle our account in here. I'm really excited to see myself becoming a successful trader. I'm tired and sick of losing some money in forex trading. So lets just hope we can really make it big in forex trading. I know we can really earn big in here without any problem at all. 1 Quote Link to comment Share on other sites More sharing options...
Bagus Posted October 26, 2013 Share Posted October 26, 2013 Investing big amount of money can lead to MC. This is the main reason why so many end up losing big amount of money. I do recommend that we can handle our account in here. I'm really excited to see myself becoming a successful trader. I'm tired and sick of losing some money in forex trading. So lets just hope we can really make it big in forex trading. I know we can really earn big in here without any problem at all. we must have accuracy in this trade using trading capital and do not ever force yourself in this trade using large capital in trade yet we still often experience a loss in trade and do not let us do the trade with a large amount of capital that are beginners 1 Quote Link to comment Share on other sites More sharing options...
RASTA Posted October 26, 2013 Share Posted October 26, 2013 would be very risky at all in trading if the trader always force yourself to use big capital but knowledge is still very low and I remember my experience when in early trade and try to use big capital and ended up losing it all we must have accuracy in this trade using trading capital and do not ever force yourself in this trade using large capital in trade yet we still often experience a loss in trade and do not let us do the trade with a large amount of capital that are beginners Quote Link to comment Share on other sites More sharing options...
standart Posted October 26, 2013 Share Posted October 26, 2013 usually, newbies easy to overconfidence just because some of good trading result. they are decide to trading live while the profit is just a fluke. the result is, traders losing money in live account and not get profit as they are expected when they are decide to trading live. before traders get carried away, better make sure that they are profitable at least for six month in demo account before decide to trading live. Quote Link to comment Share on other sites More sharing options...
budado Posted October 26, 2013 Share Posted October 26, 2013 I guess the most traders mistake is over trading. They trade more than their account can handle.I do hope that in the long run I can really earn big amount of money in here also. This is the main reason why I like to focus more on learning and then earning. Eventually we can succeed in forex trading. Eventually I know I can handle my account in here without any problem. Quote Link to comment Share on other sites More sharing options...
Bagus Posted October 29, 2013 Share Posted October 29, 2013 I guess the most traders mistake is over trading. They trade more than their account can handle.I do hope that in the long run I can really earn big amount of money in here also. This is the main reason why I like to focus more on learning and then earning. Eventually we can succeed in forex trading. Eventually I know I can handle my account in here without any problem. so it is better in this trade we must continue to have a focus in this trade to continue to float in the trade so we are trying to develop themselves and fix any errors in this trade will continue to be better in this trade Quote Link to comment Share on other sites More sharing options...
standart Posted October 30, 2013 Share Posted October 30, 2013 greed is one of common mistake which lead traders to risking high capital in single trade. when traders get profit, they'll get profit indeed. but when they are loss, will losing high. no certainty in market and better traders manage the risk to make them keep last longer in trading. Quote Link to comment Share on other sites More sharing options...
Bagus Posted October 30, 2013 Share Posted October 30, 2013 greed is one of common mistake which lead traders to risking high capital in single trade. when traders get profit, they'll get profit indeed. but when they are loss, will losing high. no certainty in market and better traders manage the risk to make them keep last longer in trading. true what you say that in this trade will make it easier to do the greed merchants in this trade so I think it would be so much better to think how to control themselves in greed is one thing that is important too Quote Link to comment Share on other sites More sharing options...
gaban Posted November 21, 2013 Share Posted November 21, 2013 true what you say that in this trade will make it easier to do the greed merchants in this trade so I think it would be so much better to think how to control themselves in greed is one thing that is important too greed will only bring bad impact for our trading. By greed trading we can get loss. we do not need too lust for profits that much. Remember, forex is a high risk business. If we want to succeed, we must be able to control our greed. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted November 28, 2013 Share Posted November 28, 2013 greed will only bring bad impact for our trading. By greed trading we can get loss. we do not need too lust for profits that much. Remember, forex is a high risk business. If we want to succeed, we must be able to control our greed. We must control our emotion, including greed. As a trader, we should not be greedy. We must thankful for what we've get in forex trading. What we have get today, can not necessarily be obtained by other traders.. but if we wanna get more maximal result, we must improve our trading skills. Quote Link to comment Share on other sites More sharing options...
budado Posted November 30, 2013 Share Posted November 30, 2013 If you are in forex trading and you are particular in greed and fear then that means you still have limited knowledge about forex trading. In forex what we need is trading skills. once we know how to trade we will never going to feel any fear of having some greed tendency as you are already trading base on your analysis and not base on what you want. Quote Link to comment Share on other sites More sharing options...
gaban Posted December 17, 2013 Share Posted December 17, 2013 yes, our trading skills should be increased further. That way we'll tarding better in the future. as we know forex has a very high risk. With that risk, we are required to have good trading skills. Quote Link to comment Share on other sites More sharing options...
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