Learn from mistake

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Thread: Learn from mistake

  1. #1
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    Default Learn from mistake

    Learn from mistake
    Yes loss is the primary step to get success next time in live market we can spend our time in learning procedure and need to realize that if you want to become successful focus on the losses and removed it from our trading need to learn from the losses and not to do it again on live market. I learn to pick good broker after my several wrong decisions. Now I am trading with a regulated broker called AAFX.

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    Really you are right. Learning from the past errors is basic for advancement in trading. Unprecedented traders keep a journal and a great part of the time outline it to perceive what fouls up they have done. By then they attempt not no present near bungles endlessly. I additionally keep a journal for my trading. At give I'm trading FXPM, a regulated broker. It gives premium administrations to its clients. It offers low spreads beginning from 0.1 pip. It has many funding methods and numerous liquidity suppliers.

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    We learn from our mistakes and those who make mistakes gain more experience however forex trading is a very professional business where mistakes more often leads to huge losses so better if we learn by trading a demo account and then switch to live when we are ready.

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    Yeah, you need to have a good amount of practice to become successful, you may gain profit, or you may lose, but both will gain you something, one will gain you money, while other will gain you experience and both will make you successful.

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    About Forex market I think some people have wrong concept and that is they think it is money making machine. Actually no one can make good sum of money without learning trading and its conditions. So before invest your valuable money you should invest your time. I learn trading from the free seminar classes of my broker Forex4you. They are really very good and supportive. I have no complain against them.

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    There can be many mistakes in forex trading that can be lost from mistakes. And you can never be a successful trader if you don't learn from this mistake. Trading requires a lot of patience. It is not possible to trade without patience. There are many types of people who trade in Forex, most of whom are successful with a positive mindset. There will be mistakes in trading so if you do not learn from these mistakes, you will not be able to go ahead in trading.

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    Yes we can learn from our losses. We ought not respond to a loss. Accepting the loss is vital. The reaction to a loss wind up opening a retribution trade which brings more misfortune. The best thing is acknowledge the misfortune and examine why did you misfortune the trade. What was your slip-up? At that point gain from the slip-ups. Gaining from botches is the best taking in one could accomplish from a misfortune. I trade forex with Eurotrader as I like their educational materials available for its traders. I adore their low spreads and no commission.

  8. #8
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    Without Forex4you broker I have never traded with any other brokers till the long journey in my trading. This is the best broker and offer complete package of trading facilities. By their good support now I have become a knowledgeable trader. They give – high trading leverage, narrow spread, various trading indicators, smart bridge of technology, one account, multiple trading facility, 50 plus currency pairs, secured trading funds and many other.

  9. #9
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    Traders should learn from their mistakes. However, the mistake is common. Everyone should accept it. It is part of trading. No one can avoid it. So, traders should learn from them. A trading journal is the best way to keep track of mistakes. I am also trading forex with Eurotrader. My broker always gives a monthly statement which helps me keep track of my trade.

  10. #10
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    in ro ham eslah kon:
    Every trader should learn from his mistakes. The trader who learns from mistakes will never lose. There must be mistakes in trading, we have to make sure that this mistake does not happen again. If you can't learn from mistakes, that mistake will happen again later. If such mistakes happen all the time, you can get lost in trading. As a trader, I always try to learn from mistakes and this greatly enhances my trading experience.

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