Mistake in trading

[Kevin Vogt]

One of the other major mistake is over leverage and over confidence. A newbie can blow up after having hundreds of winning trades and but one disaster trade. Also, lot of newbies have tendency to fight with forex market instead of trading the market like smart money do. They have no chance of wining the fight.

 

[Andrew McCalam]

Knowledge is the key to success in Forex. There is nobody who can make success from here without knowledge . so we have to emphasis on acquiring real trading knowledge and we can get most powerful analyzing trade knowledge by passing a long time. Otherwise that’s not possible at all.

 

[Nezami]

In Fx trading , leverage is useful for trader , especially if trader start with small balance hence with leverage it will giving opportunity to making transaction on Fx market , now some broker offer high leverage until 1:1000 but so far I am only use leverage 1:400 as maximum.

 

[Tom Latham]

Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

 

[Mark Dahl]

It is true that mistake is common in trading. However, traders can learn from their mistakes and reduce it.

 

[Kevin Vogt]

It is true that mistake is common in trading. However, traders can learn from their mistakes and reduce it.

The first mistake most traders do is - they take the trading very lightly. Actually they have been introduced forex in a wrong way. They are told that it's very easy. You just have to deposit money and when price will go up you have to go for short and vice versa. A ready-made strategy will all the trick. The root cause of everything is a lack of knowledge.

 

[Cooper Truebridge]

You need to learn Proper Education from Trading Mistake. If you can't learn from trading mistakes, you can never do a good analysis.

 

[Kazumu Fukunaga]

You need to learn Proper Education from Trading Mistake. If you can't learn from trading mistakes, you can never do a good analysis.

Without trading education, making profit not possible. One needs very deep understanding of the market. Most newbies make the mistake of not focusing on learning. They focus on earning without learning. And lose the money on continuous basis.

 

[Kazumu Fukunaga]

Learning never stops. If we stop learning, our progress will stop. It's a never ending process. Learning could be by studying or by experience but it should continue.

 

[Fx Master]

90% or less doesn’t matter. Mostly loser from here not only due to lack of real market principle, they lose because they try to revenge from here after a huge loss. this is the foremost reason for 95% statistics.

 

[Nezami]

Practically There is nobody who can predict the real faction of this market with certainly , so it is very difficult to calculate the market , but if you have real risk and money managing plan then you can earn money from here very rapidly.

 

[Gito Dinev]

The mistake is not a big deal. But learn from the mistake. It is important.

 

[Fx Master]

if we cant take losses as a regular part it will be a great problem , because loss is a thing that we the traders of course have to face because its a very common thing .

 

[Kevin Vogt]

Learning never stops. If we stop learning, our progress will stop. It's a never ending process. Learning could be by studying or by experience but it should continue.

Most traders don't give emphasis on learning. They are so much obsessed with the thought of making quick money that they overlap the learning part.

 

[Faal]

if there is most powerful analyzing money management , there is a good chance to get better result by using any kinds of trading strategies, success in Forex its all about money management, nothing without it.

 

[Kazumu Fukunaga]

Most traders don't give emphasis on learning. They are so much obsessed with the thought of making quick money that they overlap the learning part.

People here want to make lot of money in a short time. As a they are more interested in trading than learning. But knowledge and skills comes first. They are not ready to understand it.

 

[Faal]

mistake is okay but if we do same mistake again and again , its not a mistake its a own choice. so be careful

 

[Svetlana Loboda]

practice is important , i know but after passing sometime we the traders lost interest , so we have to make practice step by step.

 

[adamartin]

There is a combination of skills like risk management, money management, patience, intelligence, good decision-making, etc. that make a good trader. It all comes with experience and the mistakes you make. Learn from every trade you enter and note what you did in the trading journal so that you don’t make the same mistake ever again.

 

[stefaniawendt]

There is a combination of skills like risk management, money management, patience, intelligence, good decision-making, etc. that make a good trader. It all comes with experience and the mistakes you make. Learn from every trade you enter and note what you did in the trading journal so that you don’t make the same mistake ever again.