common mistake in Forex

[Eduardo Lucchese]

Having overconfidence is the core mistake in Forex trading because in forex there is no scope of having overconfidence. Over trading is also a big mistake.

 

[Oscar Shumack]

Keep in mind that mistakes will keep you out of trading success so try to avoid mistakes as much as possible.

 

[SaadBinToha]

The market is saturated with different types of brokers including ECN, STP and Market maker. ECN brokers are always trader’s top-notch choice and they always serve traders with all best facilities.

 

[Eduardo Lucchese]

I don’t like hearing any music during trading because it breaches the concentration of trading. Try to trade with a regulated broker so your profit increases over time.

 

[SaadBinToha]

Our common mistake is that we don’t follow the trend before opening a trade. And this practice gives us mammoth losses.

 

[Ethan]

Over-trading, using high leverage, trading in high spread-consuming pairs, selecting wrong trading broker are some common mistakes in trading.

 

[Aaron_0]

Sticking to mistakes works as an impediment to the way of self-development. We have to learn how to adjust lot size with the capital and how to take decision in critical moment.

 

[Olivia]

To err is human being- so human being will make mistakes and it’s a very natural thing. In Forex, making mistakes is a very easy thing in Forex.

 

[Anele]

Mistaking is the nature of traders but those know the way of overcoming mistakes are the real successful in the market by the end of the day.

 

[Ethan]

Forex traders contribute to a country’s GDP and that’s why they need a capital to invest in. Bonus is a gift and every trader wants to enjoy this gift to enhance trading capital. Not all brokers allow traders with bonuses.

 

[Aaron_0]

How to achieve a success needs to hard work and keep learning. In forex learning the market is important to take opportunities when the market is easy to understand, and avoid trading when the market is highly volatile and difficult to understood.