If I count the mistake that novice traders are frequently repeating are many:
1. Most of the new traders usually do hurry in trading and they often lack perseverance, so changes their strategy frequently.
2. Provide less time in learning, spend little time with demo trading accounts and don’t take demo trades seriously, thereby they often lack of proper education and expertise.
3. Don’t select brokers after all inspection, rather select brokers out of illusions created by them.
Among all these frequently making mistakes the biggest mistake is the selection of wrong broker out of illusions. Before selecting any broker must double check your choice, even the trading facilities it is providing will contribute to your trading goals or not.