Bad habits of beginner traders.

[fxoday]

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]

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]

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]

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]

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]

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]

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

 

[momo3HC]

Yeah you have to only check if they hit TP and SL. This is how I do to avoid emotional pressure.

Exactly.

 

[Petezaa]

Entering stupid trades with no logic, following so called signal providers, over leveraging.

 

[momo3HC]

... following so called signal providers...

I can add following this funny signal providers even blindly.