Common Mistake We Must Avoid In FX Trading

Forex trading system should be simple and simple systems work best. If you try and be clever and complicate your trading system, you will lose......:(

Most traders think losses happen to other traders and not them but all traders even the best. You will have to ride out long periods of losses, keep them small and trade with discipline, until you hit a home run

forex trading ko ap jitna achi trah se samajh kar aur sabar k sath karien ge ap utna hi acha perform kar sakein ge koshish karien k forex mein daily apna profit target set karien aur usi daira kar mein reh kar trading karien ahaista ahista trading karnay se ap k experience mein bhi izafa hoga aur apko market ki bhi samajh aye gi tezi se trading karnay mein ho sakta hai k wakti tor par apko faida ho jaye lekin us mein apki base kabhi nahi ban sakay gi.

G han dear ap ki baat thek hai humain common mistakes sy avoid karna chahye but yeh baat b hai k Wo insane hamesha kamyab hota hai jo apni mistakes sy seekhta hain G han dear mere khyl mai humain forex trading mai apni mistakes sy seekhna chahye humain jab b mistake ho humain chahye k hum search karen k humain yeh kis waja sy hoi hai or phir next time is sy bachana chahaye Thanks

Trading forex is a challenging and rewarding endeavor, but unfortunately for most retail traders, the challenges far outweigh the rewards

One study showed that 65% of retail traders lost money in the fourth quarter of 2010, meaning that only 35% of traders were profitable....

These mistakes make successful forex trading, an already challenging proposition, nearly impossible... we are able to avoid these mistakes......

Perhaps the most common mistake traders make is overleveraging – or risking too much of their capital on one trade.........

A good general rule of thumb for traders to follow with regards to overleveraging is the 3% rule. The 3% rule provides that if all of a trader’s open trades were to be stopped out, the total loss of capital should not equal more than 3%......

That means traders must figure out how much capital each trade will cost, if it’s a loser, and open only the trades a trader can afford to lose while staying within the 3%....

A good trader, by nature, must be pessimistic and prepare for the worst – every trade is a risk, and should be treated as such...

An overconfident trader, one who opens up multiple correlated trades, or opens up a few huge trades is going to blow up their account.......

There are a few ways in which traders can adjust their trading to avoid overleveraging, and abide by the 3% rule........ we have to read these rules.....

There are three equally essential elements to every trade, each equally important to the long-term success of a trader. Unfortunately, most new and unsuccessful traders only pay attention to one, or at most two of these elements....

The three elements to every trade are as follows: (1) entry (the price at which the trade is entered), (2) stop (the price at which the trade is exited for a loss) and (3) target (the price at which the trade is exited for profit).....