photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Page 1 of 12 1 2 3 11 ... LastLast
Results 1 to 10 of 111

Thread: Mistakes many traders Make ...

  1. #1
    FX Zombie
    ----
     
    apufx is on a distinguished road apufx's Avatar
    Join Date
    Mar 2013
    Location
    Kushtia, Bangladesh
    Gender:
    Male
    Posts
    2,057
    Accumulated bonus
    275.40 USD
    Thanks
    0
    Thanked 21 Times in 19 Posts

    Mistakes many traders Make ...

    To every forex trader in the house, let's discuss the common and biggest mistakes that traders usually does. People need to be aware of these errors and make necessary adjustments. You do not necessarily need to make the mistakes made by Forex traders in the past, you can learn from your mistakes and avoid them. Your help is needed. I'll leave some of the common mistakes that I feel makes the forex traders.

    1. One of the major mistakes that a forex trader can make is the lack of education and knowledge of the foreign exchange market. While you do not need a college degree or a doctorate to succeed in Forex Trading, you can not succeed in it if you do not take the time to do a lot of research and scientific studies.

    2. Another common mistake forex traders do not believe that this get-rich-quick scheme. There's no such thing as an easy fortune in forex, even though it is very easy to perform transactions with just a click of the mouse. Making money from Forex trading is an extremely difficult task, requiring a lot of effort, knowledge, discipline, perseverance and dedication. If you are lazy in your case, you will not be successful in forex trading.

    3. Most forex traders are also obsessed about finding a magic lamp or the so-called Holy Grail of forex trading that can make them instant millionaires. The truth is that there is no magic indicator in the Forex market, as the forex market is so volatile. All systems Forex Trading doomed to fail at some point or another. The key to achieving success in forex, to find and follow a system Forex that matches your own personality.

    4. Another common mistake forex traders is the lack of a sound money management strategy. Capital management will limit your losses and can cope with the enormous risks in forex trading. A good strategy for managing money will help increase your profits and save your money for future transactions.

  2. The Following User Says Thank You to apufx For This Useful Post:

    mrgull (05-22-2013)

  3. Fb
  4. #2
    Forex in the blood
    ----
     
    mika54654 is an unknown quantity at this point mika54654's Avatar
    Join Date
    Jan 2013
    Posts
    472
    Accumulated bonus
    97.60 USD
    Thanks
    0
    Thanked 1 Time in 1 Post
    Most forex traders are also obsessed about finding a magic lamp or the so-called Holy Grail of forex trading that can make them instant millionaires. The truth is that there is no magic indicator in the Forex market, as the forex market is so volatile. All systems Forex Trading doomed to fail at some point or another. The key to achieving success in forex, to find and follow a system Forex that matches your own personality.ok

  5. #3
    NF Addict
    ----
     
    Abdulhannan is on a distinguished road Abdulhannan's Avatar
    Join Date
    Aug 2012
    Posts
    595
    Accumulated bonus
    132.04 USD
    Thanks
    0
    Thanked 13 Times in 12 Posts
    mistakes is common in forex trading .. No trader can trade here sharply without any single mistakes.. But they should be careful about the trading profit and loss so that, they do not make a huge mistake for which they have repent.. This is why forex trader properearning of forex is very essesntial for every trader.

  6. #4
    Forex in the blood
    ----
     
    rumel_mb is on a distinguished road rumel_mb's Avatar
    Join Date
    Jul 2012
    Posts
    493
    Accumulated bonus
    107.60 USD
    Thanks
    19
    Thanked 17 Times in 17 Posts
    well, forex is place wher we make many mistakes when we tradee in forex... We are hu,an , and it is easy for us to make a mostake. But in forex , there are no place for mistake. A single mistale can make a trader loser.we dont care about the money management, and strategu so, we sometime trade in wronh way and for this we lose money from trading.

  7. #5
    NF Addict
    ----
     
    sms01 is on a distinguished road sms01's Avatar
    Join Date
    Jan 2013
    Posts
    565
    Accumulated bonus
    121.20 USD
    Thanks
    32
    Thanked 30 Times in 26 Posts
    many tradfers dont know about the correct ,ethod of trading.. They just start trading without any planning.. Their mistake make them ruined in this area. We have to be very conscipus about the plannong and the right time trading.. This is very essential for us to have some good lnowledg about forex trading so that, we dont do any mistake.

  8. #6
    NF Addict
    ----
     
    www is on a distinguished road www's Avatar
    Join Date
    Oct 2012
    Posts
    513
    Accumulated bonus
    112.60 USD
    Thanks
    3
    Thanked 17 Times in 16 Posts
    many forex traders makes many hige mistakes.. And for this they also have to cry a lot... Because their mistales lead to the unsuccess trading and also they cannot expect the money that the need from trading.. The proper lacking of knowledg, the practice is also imporyant, and just people ignore it and makes mistake.

  9. #7
    NF Addict
    ----
     
    GGG is on a distinguished road GGG's Avatar
    Join Date
    Oct 2012
    Posts
    523
    Accumulated bonus
    111.60 USD
    Thanks
    0
    Thanked 16 Times in 15 Posts
    the traders should do forex trading in a limitation.. They should not cross the limit.. And if they do so, theu have possibility to make a risly trading and also they can lose money from ut
    We ahould be very careful and also very attentive so that, we do not do a mosetake which can be a cause of our losing.

  10. #8
    NF Addict
    ----
     
    manina is on a distinguished road manina's Avatar
    Join Date
    Oct 2012
    Posts
    612
    Accumulated bonus
    129.20 USD
    Thanks
    1
    Thanked 11 Times in 10 Posts
    if a trader is not learned about forex trading fully and if he has noteanre the trading from a forex expert. Then it is obvious for him to make a mistake. This is very good for gtrading and this is very good for our earning money tha, we should tale the suggestion of forex expert. Then we will be able to trade without mistake.

  11. #9
    Forex in the blood
    ----
     
    NTB is on a distinguished road NTB's Avatar
    Join Date
    Oct 2012
    Posts
    444
    Accumulated bonus
    94.20 USD
    Thanks
    0
    Thanked 10 Times in 10 Posts
    as a regular trader we cannot make any mistake .. Because any mistake can destroy our traing career. As ourr big amount of money is in forex so that we can make our money double. It is very easy to join in forex and make many mistales but we have to correct ourselves so that our money do not lose from firex.

  12. <a href="http://www.mt5.com/">&#1060;&#1086;&#1088;&#1077;&#1082;&#1089; &#1087;&#1086;&#1088;&#1090;&#1072;&#1083;</a>
  13. #10
    NF Addict
    ----
     
    DSE is on a distinguished road DSE's Avatar
    Join Date
    Oct 2012
    Posts
    647
    Accumulated bonus
    138.60 USD
    Thanks
    3
    Thanked 26 Times in 23 Posts
    many mistakes is done by the traders.. They do mistale in trading bevause they are not good at trading. We have practice a lot for being a good trader.. The experience also will help me not to make any mistake. Mistake will make our trading unsuccessful and we cannot earn much money.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forex Forum Nigeria – Presentation
You are welcome to the Forex Forum Nigeria serving as a virtual salon for communication of traders of all levels. Forex is a dynamically developing financial market which is open 24 hours a day. Anyone can get access to this market via a brokerage company. On this forum you can discuss the numerous advantages of trading on the currency market and all aspects of online trading on MetaTrader4 and MetaTrader5 platforms.

Forex Forum Nigeria – Trading discussions
Every forumite can join a discussion of various issues, including those related to Forex but not limited to. The forum has been designed for sharing opinions and helpful information and is open for both professionals and beginners. Mutual assistance and tolerance are highly appreciated. If you would like to share you experience with others or deepen your knowledge of trading craft, you are most welcome to the forum threads dedicated to trading discussions.

Forex Forum Nigeria – Dialogue between brokers and traders (about brokers)
In order to be successful on Forex, it is crucial to choose a brokerage company with due diligence. Make sure you broker is really reliable! Thus you will be impervious to many risks and will make profitable trades on Forex. On the forum a rating of brokers is represented; it is based on comments left by their customers. Post your opinion about the brokerage company you work with, it will help other traders avoid mistakes and choose a good broker.

Unleashed communication on Forex Forum Nigeria
On this forum you can talk about not only trading issues, but any other topics you like. Offtopping is allowed in a special thread too! Humour, philosophy, social problems or practical wisdom – converse about anything you are interested in, including forex trading if you like!

Bonuses for communication on Forex Forum Nigeria
Those who post messages on the forum can receive money bonuses and use them for trading on an account of a forum sponsor. The forum is not meant for gaining profit; however forumites can get these small bonuses as reward for the time spent on the forum and sharing views on the currency market and trading.