Common Mistake We Must Avoid In FX Trading

[miles]

Well, every trader must avoid common mistakes while doing Forex trading, in FX you need to focus on getting more and more knowledge.

Now, without further whiles ado, let's go to our topic as suggested by name "Common mistakes we must avoid in Fx'.

1. Getting wrong information from a wrong place

Well, as the name tells us, most of us are misguided by different people. In Fx if you are completely dependent upon your knowledge then your info must be accurate and from reliable sources.

2. Not using skills (helpful in getting success)

Well, as for skills, we must pay heed to skills that are needed to get successful results in Forex trading. So, always be cool with trading skills. Don't use too much indicators or other EA's because there is no hidden system in Forex that can make you rich. Your skills will teach you right thing at right time.

3. Fail to adopt the market discipline

Yes, sure why not, the most important market essence is one of understand the 'Market Discipline'. always remember, market will give you more and more respect if you are following the market discipline.

so, I hope this article will help you a lot.

from the original desk of Miles ...

[Punal2008]

we are common mistake in trading. best is that we take care with trade and wait a market stragitery.

[arslankhan0799]

For juniors members they should read all rules and complete online courses so they when come to forex, so they are fully qualified and have great experience, Many peoples doesn't read a single line of rules and regulations,:rolleyes:

[juthi]

I need to emphasize that dream to become rich is good however the dream to get rich quick then it is not good Forex trading require an adequate process for each trader there is a need within 3 years 4 years and even more.

[Qaiser4u007]

jee haan main Samajhta hon K kam az Kaam Start Main Tou 6 month Aap Ko study Karni chahiye,video tutorials dekhnay Chahiyeen orr phr kaheen ja kar Demo Account par trading shoro karni Chahiyee.. buhat Saray log Forex trading Ko is liye Chor detay hain kion K wo is main Dedication nahin dy Saktay

[Adnan Zaheer]

Yes you are right, hamen first market ka knowledge or learn krna chaie, patience sy trading krni chaie, discipline zarori hota hy discipline sy trading karen gy to hi hm achi trading kr saken gy nai to kuch b earn nai ho saky ga, pely Forex ki learning karen than trading karen or emotional sy trading gn karen.

[boss razu]

Mistake is very simple matter in forex trade business. but i think mistake is very bad and harmful for our trade. because only one mistake can zero our all capital so hello all traders we should must be carefully in forex trade business.

[ad.ziea]

that is the reality that if we will not avoid the mistakes then it is the reality that we cannot get the success in the forex for the success in the forex we should note our mistakes and should avoid it to repeat it then we will get the success more easily

[Usman sheikh]

yes there are many resources from where we can learn very good..hamein kisi galat resources se forex ki learning nahi karni chahiye.and mere khayal se practice bohat zaruri hai success kay liye q k practice k sath experience aat hai jo forex mein zaruri hai.

[Dude]

Humein apni common mistakes se avoid karna chahye, humarai common mistake ye hoti hein k hum girtay huy pair ko buy kar letay hein or oper jaty huy ko sell kar dety hein jis se basa aowqat humein loss boht ziyada ho jata he.