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Mistake in trading

we think using high leverage is a mistake because high leverage means high risk , its not true exactly, if there is any risk it is complete with nonsense planning or zero risk management, nothing without it.
 
Making decisions based on emotions like fear of losing, greed to earn more are the biggest mistakes traders make while trading. It is best to avoid emotional decisions and to go with logic even in worse conditions in the market.
 
The mistake should be learned to maintain trading consistency. There will be losses, but we have to move forward with education from these losses.
 
learning is the most important , but learning can be useless if there is no regular practice session , so we have to emphasis on practice besides learning.
 
mistake is very common thing in this market place , no way to avoid , but if the same mistake happens again and again , it then we can consider as self choice.
 
Making money is a habit. Once you know how to make money, it's not a problem to deal with big money. If you read the life history of rich people you would, they have applied their knowledge in what they love to do and money keeps coming. So you do not need to think like this. Focus on learning and implementation.
 
Some of the traders who fail in here in the forex market is because they are not able to know where their weak point is. This thing will make them not to be able to discover what is the main cause of their losses. Every trader has his or her own weakness and better if the trader discover it quick.
 
Whenever a trader makes entry to the market, he or she never cares about what approach to follow. But, I think it is the most important thing to determine the right trading approach because otherwise traders trade haphazardly without any direction.
 
The better you know the market, the easier the market seems to be. Frequent practicing and understanding the market environment help a trader fix this issue.
 
Trading without identifying the right market trend is the cardinal mistake done by traders. So traders have to focus on analytical factors.
 
We have to work on our mistakes because it will help us gradually improve. Repetition of mistakes works as a bar to the way of being a good trader.
 
It is always said that your mistake is your teacher. So try to take lessons from your mistakes and you will be knowledgeable one day.
 
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