Bad habits of beginner traders.

fxoday

Corporal
Messages
79
Biggest mistake which i've done is invest my all capital for Single trade.
Maybe there are many trader face wit same problems at beginning, trading with use all money in a single transaction and relying upon luck, while the market eventually move against a position, look loss floating sometimes not leading them to cut loss but hope and let order opened until eventually face stop out account
 

JamesForexSlayer

Sergeant
Messages
221
Maybe there are many trader face wit same problems at beginning, trading with use all money in a single transaction and relying upon luck, while the market eventually move against a position, look loss floating sometimes not leading them to cut loss but hope and let order opened until eventually face stop out account
That would be a crazy way to trade
 

AlecR

Corporal
Messages
73
We cannot specify 1 reason for loss or mistakes do beginners. I think all do mistakes in trading either they are new or experienced traders. Beginners are blamed more because they had less practice in trading. They do wrong entry in market then having no proper analysis of the market . They need to train themselves in many ways so that they can deal with market in all situations.
 

ForexViking

Private, 1st Class
Messages
32
I used to have a big problem trying to follow the markets to gain back losses and watching trades constantly. Now I just set my trades in the morning and barely look at them unless there’s big news ahead.
 

momo3HC

Sergeant
Messages
168
I used to have a big problem trying to follow the markets to gain back losses and watching trades constantly. Now I just set my trades in the morning and barely look at them unless there’s big news ahead.
Right. You`re actual way of trading is way better. With the right TP and SL of course.
 

bigdolly

Sergeant Major
Messages
868
I used to have a big problem trying to follow the markets to gain back losses and watching trades constantly. Now I just set my trades in the morning and barely look at them unless there’s big news ahead.
Yeah you have to only check if they hit TP and SL. This is how I do to avoid emotional pressure.
 

BaazexRep

Recruit
Messages
36
Being impatient , rush to make deals without analyzing the market ne traders get disoppointed quickly and this effect their trading moves also starting without enough capital , lack of knowledge and no risk management
 
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