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Unnecessary trade is a very common problem

Unnecessary trade is a very common problem for newbies. Actually you do it out of confusion. You don't have trust on your strategy and yourself. You should have clear idea about your risk reward ratio and winning ratio. You lack confidence. It comes from not knowing what you are doing. Practice on demo find out your winning trade ratio. The main point is you have to increase your skills.
 
Never trade without trading plan or proper trade setup. You don’t need to be active 24/5 to earn money. Even 1 minute is enough to earn.
 
Unnecessary trade is a very common problem for newbies. Actually you do it out of confusion. You don't have trust on your strategy and yourself. You should have clear idea about your risk reward ratio and winning ratio. You lack confidence. It comes from not knowing what you are doing. Practice on demo find out your winning trade ratio. The main point is you have to increase your skills.
I also agree with you. Newbie often neglect the importance of risk management strategy.
 
Trading without a proper plan is foolish. Uncontrolled trading can lead to a loss of profitability ratio. As I sometimes do. I have opened trades where no trades can be made.
 
Trade without a plan seems a lot weirder. I have to be serious when I make money. But if I try to trade uncontrollably without paying attention instead, this mindset will force me to lose.
 
No matter what anyone says, trading forex is not a get-rich-quick scheme. Becoming proficient enough to accumulate profits is not a sprintit's a marathon. Success requires recurrent efforts to master the strategies involved.
 

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