what is your weakness ?

[Faal]

I think from all weakness in the human elements foremost is an emotion that is mainly considered as a primary enemy in Forex trading. By and large traders in particularly the newcomers fall a great loss by this weakness when trading practically. Actually without long term experience that’s not possible at all to remove emotions in Fx trading.

 

[William]

It's very hard to admit your weaknesses, although I think the psychology of trading is my weak spot right now.

 

[Lee Mark]

Till now I have enough knowledge on technical analysis but I have to improve more skill on news trading! Although I am working on it! But, you know learning is a long term process! By the way, now in a day I spend more than 3 hours to learn news trading.

 

[alina.marabar]

correctly. Long experience must be passed by traders to form a good personality.

 

[Hoang]

What is your weakness in other business? To make all the profit in one day. Patience is needed to maintain a capital. If you become too greedy, you will lose everything. Greed is our number one weakness.

 

[Lee Mark]

What is your weakness in other business? To make all the profit in one day. Patience is needed to maintain a capital. If you become too greedy, you will lose everything. Greed is our number one weakness.

Greed is the common issue here; we should follow our own trading plan instead of following the command of emotional mind!

 

[Tom Latham]

The list is so long’ on the other hand; my chart reading skill is my main strength! It helps me to understand the relation between supply & demand!

 

[Svetlana Loboda]

The list is so long’ on the other hand; my chart reading skill is my main strength! It helps me to understand the relation between supply & demand!

I hope; now you are working on your own mistakes; because with a long list of bad habits it’s quite impossible to make consistent money here!

 

[Tom Latham]

In a sense, every successful trader employs money management principles in the course of Forex trading, even if only unconsciously. For many Forex traders, the Forex market is a game of balancing fear, greed and hope. When a trader is out of balance, he likely will lose money, and if he is out of control, he will lose balance. Well-designed money management concepts can help to keep the trader in control at all times.

That means; money management is your strong pint. Isn’t? Then what’s your weak point indeed?

 

[Mark Dahl]

Negative emotion like fear, excitement greed is most of trader’s weakness. Trader often mistake and don’t follow their trading strategy due to those emotion. Trader should learn to control those emotion.

 

[Andrew McCalam]

Loss is an inviable part of trading that cannot avoid after passing a long time , but when we making loss , we lost control and trade over and over as a result we become loser ultimately and blame this market place.

 

[Eduardo Lucchese]

The most dangerous weakness of mine is my emotion. It is quite tough for me to control my emotion when I trade in the market.

 

[Kevin Vogt]

My weakness is my patience. Sometimes I open trade too early. And sometimes I get fear of losing an opportunity. I am trying to overcome it. Controlling mind is one of the difficult tasks in trading.

 

[Gito Dinev]

My weakness is my patience. Sometimes I open trade too early. And sometimes I get fear of losing an opportunity. I am trying to overcome it. Controlling mind is one of the difficult tasks in trading.

Try to trade with small capital to control your fear of losing. It may help to overcome your emotion.

 

[Alexander Hudson]

Investing in forex can be very risky if you don't have any knowledge about this business. Many people lose their money because of their low knowledge.

 

[Darragh Bell]

I think the most difficult thing in forex trading is to choose a good and reliable broker from this huge market.

 

[Kazumu Fukunaga]

I find that one of the basic mistakes of new traders is their focus only on earning money. It is better in the beginning that your focus is on learning and gaining necessary experience in order to make one profitable strategy, then on simply chasing profits.

 

[Oscar Shumack]

A trail on a new strategy should be run on demo account to test that strategy. Traders should use multiple strategies at a time to produce better signals.

 

[LouBega88]

Traders can produce a cogent signal when they use multiple indicators at a time. Don’t go for buying signals rather try to generate signals through market analysis.

 

[Nayek Pichai]

Professional traders seek for opportunities and whenever they find it, they try to make the best use of it. Bring professionalism in trading either by learning or taking advice from professional traders.