Forex Zone - Forex Forum

Five of the biggest mistakes in trading in General Forex Discussion_68922e7c602bf

Five of the biggest mistakes in trading

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
what I get most often here is when you use emotion and don't do forex trading with a proper planning rating system besides that you do a lot of Open positions that don't use proper risk management
#511 - December 27, 2023, 06:49:35 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
When you don't use your trading plan well, when you use emotions, when you open a lot of positions, these are all forms of mistakes that you must avoid, being undisciplined, always being greedy, we must throw them all away.
#512 - December 30, 2023, 01:27:32 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
every mistake must have a solution, the important thing is you have to have a good trading system, you have to be able to do it with patience, don't open too many positions and don't be greedy
#513 - December 31, 2023, 03:34:07 AM

Sponsored

Five of the biggest mistakes in trading in General Forex Discussion_6803a6c52eb12
#514 - Today at 02:24:52 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
lazy to learn to use too many open positions, not using a trading plan well, these are all things you should get rid of, things you should get rid of in yourself
#514 - January 03, 2024, 12:56:17 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
not using the trading system well, using emotions, opening lots of positions, not using good psychology, these are all obstacles or failures that you usually get. So you have to be able to reduce all of that.
#515 - January 04, 2024, 05:46:43 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Of the five mistakes, the most important one here and the one I'm most afraid of is using emotions and not using a trading system because in my opinion, when you are emotional and you don't use the trading system well, you will never be consistent.
#516 - January 07, 2024, 12:39:24 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
using emotions, opening lots of positions, not using a good trading system, these are all the characteristics of mistakes that you must avoid because all of this will result in your money being lost for nothing.
#517 - January 11, 2024, 01:10:15 AM

VIP
  • Hero Member
  • Posts: 20432
  • Points: 2300
  • Likes Received: 510
  • Reputation: +4/-0
The class of traders is that they are too greedy and are never satisfied with the results they have obtained. Moreover, when he sees a good moment, sometimes he immediately opens a position with a large lot. I think this is an unnecessary mistake to make.
#518 - January 11, 2024, 01:12:24 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Mistakes such as not using a trading plan, opening too many positions, not implementing stop losses properly, you must be able to change all of these so that later you will have many opportunities to be consistent.
#519 - January 13, 2024, 03:58:25 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, the mistake you should stop here. The first is don't use too many Open positions, don't use Stoploss. That's also wrong. Always using high lots is also wrong.
#520 - January 16, 2024, 01:24:21 AM

Sponsored

#521 - Today at 02:24:52 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I made more mistakes by using emotions and using a lot of open positions because I admit I was like that and I regret it so I keep learning not to do that anymore.
#521 - January 17, 2024, 01:04:05 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
All these mistakes will have a good impact when you want to carry out an evaluation, but there are also many mistakes that make us stressed.  One of them is not using a trading plan to do a lot of positions and you should not do it again
#522 - January 18, 2024, 02:50:15 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The most common mistake is using emotions, not using realistic targets, using too many position boards, which makes us always lose in doing this business
#523 - January 19, 2024, 05:59:31 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
There are many mistakes but I will take three examples, namely using emotions, not using a trading plan properly, not using a correct position board.
#524 - January 22, 2024, 12:33:04 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The most basic mistake is being lazy about learning to open positions, many people don't use the trading system well, don't use the right position, always use high emotions.
#525 - January 23, 2024, 01:19:53 AM

Members:

0 Members and 1 Guest are viewing this topic.



Kraken Crypto Trading